Recent analysis from Bank of America Securities suggests that OpenAI’s ChatGPT is not poised to challenge Google’s position as the leader in the search engine industry. Sensor Tower data reveals that app downloads for ChatGPT and Microsoft Bing have experienced a slowdown in recent weeks, according to a note by BofA analyst Justin Post. The
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The cost of purchasing a car has significantly increased, making it more expensive than ever before. Not only have new vehicle prices reached near all-time highs, but the interest rates for financing a purchase have also skyrocketed. Recent reports indicate that the market for affordable new cars has dwindled significantly. According to car shopping app
United Airlines’ CEO, Scott Kirby, has expressed concerns over the frequent gridlock and operational challenges faced by the airline at its Newark, New Jersey, hub. Kirby emphasized the need for additional gates at Newark Liberty International Airport to prevent schedule changes and reduce delays caused by aircraft backups. This statement comes after a series of
The Aigen Element is transforming the agricultural industry with its innovative autonomous robots. Developed by Aigen, a company founded by Rich Wurden and Kenny Lee, the Element is equipped with advanced computer vision technology and robotic arms to identify crops and eliminate unwanted weeds. This groundbreaking technology aims to reduce the reliance on pesticides and
The scorching heat wave in Texas has brought little relief to residents. Over the course of two consecutive weeks, Del Rio has experienced daily temperatures exceeding 100 degrees Fahrenheit, with the mercury soaring as high as 115 F. Adding to the alarm, nighttime temperatures have also reached record highs, failing to provide any respite. National
A groundbreaking development in the field of medicine has occurred as the first drug fully generated by artificial intelligence (AI) enters clinical trials with human patients. Insilico Medicine, a biotech startup based in Hong Kong that has received over $400 million in funding, has created the drug, INS018_055, as a potential treatment for idiopathic pulmonary
Last week, mortgage rates saw another increase. However, this rise did not discourage potential buyers, particularly those in search of newly constructed homes. According to the Mortgage Bankers Association’s seasonally adjusted index, total mortgage application volume experienced a 3% surge compared to the previous week. It is important to note that an additional adjustment was
Microsoft Gaming CEO Phil Spencer testified in San Francisco on Friday that the company previously opened up talks with mobile game developer Zynga but ended up not consummating a deal. The hearing came after the Federal Trade Commission gained a temporary restraining order to keep Microsoft from closing the Activision purchase. The court agreed to
New York Governor Kathy Hochul has signed a bill that would protect doctors who prescribe and send abortion pills to patients living in states where the procedure is illegal. The bill would allow New York abortion providers to serve more out-of-state patients without fear of litigation, which could help expand medication abortion access nationwide. Medication
The National Association of Realtors reported that sales of previously owned homes remained essentially flat in May compared to April, rising only 0.2% to a seasonally adjusted, annualized pace of 4.30 million units. However, compared with the same period last year, sales dropped by 20.4%. The slow sales pace in spring 2022 is a result