Big Tech companies like Google, Microsoft, and Amazon are at the forefront of innovation in the generative AI space. With a focus on monetization, these companies are racing to capitalize on their AI efforts.
At the recent Google Cloud Next developers conference, Google announced a new paid generative AI service for its Workspace productivity suite. The AI classification add-on aims to enhance user security by automatically categorizing important documents within organizations. Yulie Kwon Kim, Google Workspace’s vice president of product management, shared that the feature has not only improved data protection capabilities but also saved time for team members. Unlike Microsoft’s Exchange service, Google Workspace has not faced security issues.
Google is also leveraging large language models to combat spam in Gmail, with significant success in blocking unwanted messages. Meanwhile, Microsoft is introducing monetization strategies for its generative AI applications, such as Copilot for Microsoft 365. As companies strive to ensure their generative AI apps are profitable, Wall Street is closely monitoring how these initiatives will impact Big Tech companies’ bottom line.
Stay updated on the latest technology business news by subscribing to the Yahoo Finance Tech newsletter. Keep an eye on how these developments in the generative AI space shape the future of Big Tech companies.
“Travel aficionado. Incurable bacon specialist. Tv evangelist. Wannabe internet enthusiast. Typical creator.”