OpenAI announces new version of AI language model that fuels ChatGPT

OpenAI announces new version of AI language model that fuels ChatGPT

(NEW YORK) -- OpenAI announced a desktop version of its conversation bot ChatGPT on Monday as well as the latest iteration of the AI language model that fuels the chatbot.The fresh model offers improved speed and interactive capability when compared with the company's previous model GPT-4, OpenAI Chief Technology Mira…
Home prices are soaring. Is this another bubble?

Home prices are soaring. Is this another bubble?

(NEW YORK) -- Roughly 15 years after a housing bubble triggered the worst U.S. financial disaster since the Great Depression, some observers are voicing concern that the industry has fallen into another bubble.Home prices are soaring, despite high mortgage rates that in theory should crimp demand and push down prices.The…
Student loan rates set to reach 16-year high: ‘It’s a shock’

Student loan rates set to reach 16-year high: ‘It’s a shock’

(NEW YORK) -- The borrowing cost for student loans is poised to reach a 16-year high.The interest rate on a federal undergraduate student loan is expected to climb to 6.5% in July, which would mark its highest level since 2008, financial-aid expert Mark Kantrowitz told ABC News. The current interest…
TikTok sues to block potential ban. Can it win?

TikTok sues to block potential ban. Can it win?

(NEW YORK) -- ByteDance, the parent company of TikTok, struck the latest blow in a high-stakes clash between the social media company and the U.S. government, filing a lawsuit this week challenging a forced sale of TikTok as unconstitutional.The case could nullify the measure enacted last month that requires ByteDance…
TikTok to automatically label AI-generated content

TikTok to automatically label AI-generated content

(NEW YORK) -- TikTok announced on ABC News' Good Morning America Thursday morning that beginning immediately, the social media giant will automatically label Artificial Intelligence-generated content when it is uploaded from certain platforms."Our users and our creators are so excited about AI and what it can do for their creativity…
What to know about the new AI data center in Wisconsin

What to know about the new AI data center in Wisconsin

(MOUNT PLEASANT, Wis.) -- President Joe Biden is set to announce on Wednesday a $3 billion investment by tech giant Microsoft to build an artificial intelligence data center in southeast Wisconsin.The sprawling facility will be located on the same plot of land where, in 2018, former President Donald Trump announced…
Panera drops controversial Charged Lemonade from drink menu

Panera drops controversial Charged Lemonade from drink menu

(NEW YORK) -- Fast casual restaurant chain Panera Bread is doing away with highly caffeinated Charged Lemonade drinks that have been at the center of multiple wrongful death lawsuits since last fall.A spokesperson for Panera confirmed to ABC News that is has undergone a "recent menu transformation," as first reported…
Where is Apple headed after latest product event? Experts weigh in

Where is Apple headed after latest product event? Experts weigh in

(NEW YORK) -- Apple unveiled new models of its iPad at an event on Tuesday, promising revamped devices at affordable prices."This is the biggest day for iPad since its introduction," CEO Tim Cook declared.The announcement exemplified the current strategy at Apple: Rely on new models of its signature items, rather…