Top Tech News Today: Google's Gemini to Rival ChatGPT and Bing AI, Leaving Bard Behind
Google I/O event on May 10 was an exciting one, filled with intriguing and noteworthy announcements. Along with the launch of Google Pixel 7a and Pixel Fold, the tech giant introduced its most recent AI developments. Google's introducing its new language model, Gemini, which is anticipated to perform better than ChatGPT and Bing AI because of its distinct capabilities. Gemini's multimodal capabilities are one of its main advantages, which makes it different from its forerunners.
Europe Ahead of US in Crypto Regulation, SEC Commissioner Warns
Hester Peirce of the Securities and Exchange Commission has pointed out that if regulations are not introduced to control the markets for crypto assets, the US could fall behind the EU and the UK. She said that the standards outlined by Brussels and London might serve as a guide for Washington legislators. The Markets in Crypto Assets (Mica) law, a comprehensive set of new regulations created by the EU, is anticipated to take effect in 2019.
Streaming Platform of Disney Sees Four Million Subscribers Leave
The Walt Disney Company's flagship streaming service, Disney+, lost four million members in the second quarter that ended on April 1. In Q2 of 2023, the company recorded 157.8 million subscribers, down from 161.8 million in the previous quarter. Disney+Hotstar lost 8% of its subscribers from 57.5 million in the first quarter to 52.9 million in the second, which was blamed by the corporation for this decrease.
These were the top tech news for the day. Stay tuned for more updates.
