Top Tech News Today: OpenAI Reveals the Reason Behind Pausing ChatGPT Plus Sign-Ups. Solana Up 20% On Cathie Wood’s Praise Over Ethereum

Top Tech News Today: OpenAI Reveals the Reason Behind Pausing ChatGPT Plus Sign-Ups. Solana Up 20% On Cathie Wood’s Praise Over Ethereum
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OpenAI Cease ChatGPT Plus Sign-ups, Citing Issues with Account and Search Features

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Recruitment sector faces a sluggish quarter amid gloom

Fast-Track Insights: Solana up 20% on Cathie Wood's praise over Ethereum

A Microsoft-backed artificial intelligence business has chosen to block people attempting to register for the premium edition of its well-known chatbot, ChatGPT. Sam Altman, the CEO of the business, said on social media site X that OpenAI had halted "new ChatGPT Plus sign-ups" for the time being. The "surge in usage post-devday has exceeded our capacity and we want to make sure everyone has a great experience," he adds in the article. Users may, nevertheless, "continue to sign up to be notified within the app." Users will receive a notification from the company when ChatGPT Plus memberships reopen.

During the December quarter, hiring activity in the tech and retail sectors decreased as corporations lowered hiring mandates and sub-contracting costs; hiring in the banking sector remained unchanged, while manufacturing had a small increase in hiring. Retail and packaged consumer products mandates are about 20% lower than a year ago, according to recruiters, even though hiring in the IT and startup sectors is down to levels from the June quarter of 2020 when a rigorous lockdown was in place. Nonetheless, there has been some increase in hiring in the automotive and manufacturing sectors.

The intersection of artificial intelligence (AI) and agriculture has paved the way for innovative solutions to address the challenges faced by the agricultural industry. As technology continues to advance, employers in the agricultural sector are increasingly seeking candidates with expertise in AI-powered projects. Read More

The day after ARK Invest CEO Cathie Wood praised the network for its effectiveness and cost-effectiveness, Solana saw a rise of more than 17%, setting new annual highs. During an interview with CNBC on November 15, Wood characterized the Solana network as a significant infrastructure participant in the broader blockchain ecosystem, noting that it has been performing admirably in the current market circumstances. In comparison to the Ethereum network, Wood lauded the Solana network for its speed and efficiency.

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