Plus, Visa continues to grow its artificial-intelligence use cases. And, Intel stock rallies nearly 8% despite the chip maker's record loss last quarter. Julie Chang hosts.
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[00:00:16] Here's your TNB Tech Minute for Friday, November 1st. I'm Julie Chang for The Wall Street Journal.
[00:00:22] OpenAI has added a search engine to its ChatGPT chatbot. The move is seen as a challenge to Google, which has long dominated the online search space.
[00:00:32] ChatGPT Search will allow users to search up-to-date information from across the internet. It'll be powered by real-time third-party search providers and content partners.
[00:00:41] The search tool will summarize information found on websites, including news sites, and let users ask follow-up questions.
[00:00:47] The function will be rolled out gradually over the coming months, starting with some paid users.
[00:00:53] News Corp, owner of The Wall Street Journal, has a content licensing partnership with OpenAI.
[00:00:59] Visa is using artificial intelligence more and more. Visa's president of technology said the company already has more than 500 generative AI applications in use.
[00:01:10] He said the Move Fast strategy is an effort to reap AI benefits sooner and keep pace with bad actors.
[00:01:16] This comes at a time when the payments giant has been contending with a restructuring of its international business.
[00:01:22] People familiar with the matter say the company plans to lay off around 1,400 staff by the end of the year. Roughly 1,000 are tech positions.
[00:01:31] And shares of Intel rose nearly 8%.
[00:01:35] That's despite the fact that the chipmaker posted a $16.6 billion net loss in the latest quarter, the largest in its history.
[00:01:44] Investors seized on a couple of positive notes in yesterday's earnings.
[00:01:47] Intel reported better-than-expected revenue.
[00:01:50] And the company posted a rosy sales forecast.
[00:01:53] For a deeper dive into what's happening in tech, check out Monday's Tech News Briefing podcast.
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