Tech Giants Invest In AI Despite Growing Economic Concerns

Google, Microsoft Amazon & Meta put AI to the test while reducing jobs

These tech giants have released quarterly reports that show their efforts to boost AI productivity in light of the growing economic concerns.

Alphabet and Microsoft are among the US tech giants that have increased their investments in large language models (LLMs) to demonstrate their commitment to using artificial intelligence (AI), while reducing costs and jobs.

CNBC reported Friday that since the launch of OpenAI’s ChatGPT Chatbot in late 2020, these businesses have boosted their artificial intelligence AI model to compete on the market.

Alphabet Microsoft Amazon and Meta, the IT giants, are increasing their investments in large language models (LLMs) as a sign of their commitment to using artificial intelligence (AI), while cutting costs and creating jobs.

Source:
https://interestingengineering.com/innovation/google-microsoft-amazon-meta-ai

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