US powerhouse economy grows by 5.2% in third quarter, is expected to expand by 2.1% in 2023 and 1.5% in 2024. Sam Bankman-Fried, founder of the crypto firm FTX, was convicted in November of seven charges of fraud and conspiracy. He awaits sentencing. Photograph: Hiroko Masuike/New York Times. Microsoft made a $10 billion (€9.
2 billion) investment in January in ChatGPT, the text-generating AI chatbot created by OpenAI that has taken the internet by storm, and followed up by launching an AI-powered office assistant for commercial customers. Google’s parent, Alphabet, and Amazon have since unveiled their chatbots. The three tech giants, which also are the world’s biggest cloud computing groups, have ramped up spending this year to build capacity to serve the growth of generative AI