IBM Unveils Ambitious $150 Billion Investment Plan to Boost U.S. Tech Sector
IBM announces a $150 billion investment in the U.S. tech sector over the next five years, focusing on mainframe and quantum computing to boost the economy and create jobs.
AI-powered search engine Perplexity has officially launched its new assistant, Perplexity Assistant, designed specifically for Android devices. This innovative tool aims to enhance user experience by integrating various functionalities that assist with daily tasks, making it easier for users to manage their activities and access information seamlessly.
Perplexity Assistant is designed to be a versatile tool that can perform a variety of tasks, including:
While the launch of Perplexity Assistant has generated excitement, there are some concerns regarding its performance. Previous products from Perplexity have faced criticism for being underdeveloped, with features like the shopping tool being slow and error-prone.
Perplexity's CEO, Aravind Srinivas, acknowledged that some actions may not work perfectly at launch but assured users that improvements are on the way. For instance, the assistant currently requires a workaround to summarize unread emails and upcoming calendar appointments.
The introduction of Perplexity Assistant follows the recent rollout of Sonar, an API service that allows developers to integrate Perplexity's generative AI search tools into their applications. Additionally, the company has acquired Read.cv, a social media platform for professionals, indicating a strategic expansion of its services.
Founded in 2022, Perplexity has quickly gained traction, reportedly raising over $500 million in funding and achieving a valuation of $9 billion. The company is currently handling over 100 million queries weekly, reflecting its growing user base and monetization efforts.
Despite its rapid growth, Perplexity faces legal challenges from publishers who claim the company replicates their content without proper attribution. Notably, News Corp's Dow Jones and The New York Times have taken legal action against Perplexity, raising concerns about content ownership and copyright.
In response, Perplexity has introduced a revenue-sharing program for publishers, emphasizing its commitment to respecting content rights. As the company continues to innovate and expand its offerings, it will need to navigate these challenges carefully to maintain its reputation and user trust.
IBM announces a $150 billion investment in the U.S. tech sector over the next five years, focusing on mainframe and quantum computing to boost the economy and create jobs.
OpenAI has launched new AI models and tools, including an upgraded image generator, Codex CLI for coding, and a lightweight deep research tool, transforming the tech landscape.
OpenAI has launched new AI tools including Flex processing, a lightweight ChatGPT research tool, and the GPT-4.1 model family, enhancing user experience and coding capabilities.
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