Author: paulsmoneymakers

The artificial-intelligence market is in turmoil. Hard to believe, but AI only seized the spotlight with the release of ChatGPT in fall 2022. Investor enthusiasm for AI since then has been a major factor behind the stock market’s stunning gains.That is, until this past Monday. The Chinese startup DeepSeek stunned investors with its AI models created at a fraction of the cost of the main AI options. DeepSeek’s cheaper AI tools are “one of the most amazing and impressive breakthroughs,” marveled Silicon Valley legend Marc Andreessen. The enthusiasm for owning the Magnificent Seven — Amazon, Microsoft, Apple, Alphabet, Nvidia, Meta…

Bloomreach expands its European operations into Spain and Italy, further strengthening its presence in the region. With this expansion, the AI-driven e-commerce personalization platform introduces “marketing automation, e-commerce search and merchandising, and conversational shopping capabilities, allowing businesses to enhance customer engagement across digital touchpoints while improving internal operations with AI-powered efficiencies.”Building on its success in Southern Europe, Bloomreach’s proprietary Loomi AI already supports leading brands across “retail, hospitality, gaming, and grocery, including Desigual, PUIG, Cooltra, TUI, and Miscusi.” Now, with a dedicated focus on Spain and Italy, the platform seeks to extend its impact by providing businesses with personalized consumer…

NEW DELHI: Union finance minister Nirmala Sitharaman on Saturday presented her eighth consecutive budget, emphasising the middle class, national growth, and infrastructure. During her speech, Sitharaman said that the government reaffirmed its commitment to achieving ‘Viksit Bharat’ by eliminating poverty, ensuring quality education, and providing affordable and comprehensive healthcare.While addressing the Parliament, Sitharaman quoted renowned Telugu poet and playwright Gurajada Appa Rao, “Desamante Matti Kaadoi, Desamante Manushuloi”, which translates to “A country is not just its soil, a country is its people.” Key Announcements in the education sectorAtal Tinkering labs to foster innovationThe finance minister announced fifty thousand Atal Tinkering…

ChatGPT and its owners must have hoped it was a hallucination.But DeepSeek is very real.The emergence of a new Chinese-made competitor to ChatGPT wiped $1tn off the leading tech index in the US this week after its owner said it rivalled its peers in performance and was developed with fewer resources.It means America’s dominance of the booming artificial intelligence market is under threat. But it also presents another option for consumers who have an array of virtual assistants to choose from.The Guardian tried out the leading chatbots, including DeepSeek, with the assistance of an expert from the UK’s Alan Turing…

Running a small business means taking on various roles every day. From visionary to accountant, marketer to customer service representative, small businesses must master multiple roles to succeed. This message was heard loud and clear at a recent event hosted by the Denver Metro Chamber of Commerce and the U.S. Chamber that featured Governor Polis, Attorney General Weiser, members of the Colorado legislature, and small business owners. Artificial intelligence is emerging as a powerful resource for these business owners. According to a recent report from the U.S. Chamber of Commerce’s Technology Engagement Center (C_TEC), 42% of Colorado small businesses are utilizing generative…

TRAVERSE CITY — Artificial intelligence is in the classroom – and it requires thoughtful application by educators if those tools are to be used wisely and well. That was the focus of a far-ranging discussion on AI during a Traverse City Area Public Schools Board of Education study session this week.A growing number of educators are training on using artificial intelligence in the classroom, according to a EdWeek Research Center survey conducted last October.Fifty percent more teachers than they surveyed in spring 2024, about 43 percent, received training on the technology that is becoming increasingly present outside and inside the…

“We need a revolution,” said Japanese e-commerce giant Rakuten’s head of fashion Ryo Matsumura. “Brands need to express their image and identity to consumers, but if the digital solution is limited to video, photo and text, that’s very limiting. [What they really need are] more cutting-edge technologies to express themselves.”To that end, Rakuten has released a suite of AI tools providing brand merchants with what’s called an NLUI — a ‘natural-language user interface’ that works with written or spoken colloquial commands instead of IT jargon — to harness data insights across its platforms. Launched in 2023, the backend tool was…

The IndiaAI mission got the highest increase in allocation Finance Minister Nirmala Sitharaman presented the Union Budget for 2025, unveiling the eighteenth Cabinet’s plans for funding the integration of Artificial Intelligence (AI) in various fields. Allocations for all schemes related to AI have seen significant increases since the previous Union Budget.In her 8th Budget presentation speech, the Finance Minister stated that the government will be setting up a new Centre of Excellence (CoE) in AI in the education sector, with a capital outlay of ₹500 crore. This will be in addition to the three previously approved Centres.Union Budget 2025 LIVE…

Previously, subscribers paid an additional $20 per user per month for full AI access on top of the $12 standard plan. Google has now removed the $20 fee but raised the base price to $14 per user per month, granting access to AI tools powered by its Gemini foundation models for a modest increase. The connectivity news and insights that matter – straight to your inbox Subscribers would gain access to AI-powered productivity tools in applications like Docs, Sheets, and Gmail, helping to summarise hefty reports or create professional-sounding content. Google’s AI can also take notes during meetings in Meet…

In the past week, OpenAI’s Operator has done the following things for me:Ordered me a new ice cream scoop on Amazon.Bought me a new domain name and configured its settings.Booked a Valentine’s Day date for me and my wife.Scheduled a haircut.It did these tasks mostly autonomously, although I did have to nudge it along from time to time and occasionally rescue it from a loop of failed attempts.If you’re just catching up — or if you’ve been distracted by the DeepSeek news this week, which has overshadowed all other A.I. news — Operator is a new so-called A.I. agent released…