Page 59 - Github Copilot News Today

A new report in the Wall Street Journal highlights the stratospheric costs that Big Tech faces delivering AI capabilities to their customers.

Samsung has joined Google’s campaign to force Apple to make iMessage RCS-compatible—but European regulators are more likely to get that job done.

It is still early days for charging for AI services, but things need to change to create profitable and sustainable businesses.

Microsoft loses around $20 per user per month on GitHub Copilot, according to the WSJ.

Microsoft is reportedly incurring losses on one of its first generative artificial intelligence (AI) tools, GitHub Copilot.

Tech giants like Microsoft Corp (NASDAQ: MSFT), Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google

Despite charging $10 a month for GitHub Copilot, The Wall Street Journal reports that Microsoft is losing an average of over $20 per user, per month. This highlights the frankly challenging economics of providing AI services, which are not just expensive to build, but also expensive to operate. “Using [AI] to summarize an email is like getting a Lamborghini to deliver a pizza,” the WSJ notes.

The finance industry along with other companies and government agencies are still relying on Cobol code from the 1970s.

Open-source licenses, already stretched thin by software-as-a-service and the cloud, are an even worse fit for AIs large language models. Whats an open source leader to do?

CyberArk CIO Omer Grossman shares tips based on his team’s experiences, ongoing peer conversations, and market insights.