ChatGPT, AI, Virtual Spaces and More: The Latest in Business Technology News 

A look at the technology industry news from PR Newswire in March and April that you might have missed.

 

Business Tech News Trends, March-April 2023

 

By Meiyee Wong | Published May 11, 2023

 

As we continue to navigate our way through the Business Technology releases this year, it is clear that there are significant trends that are dominating their way at the top and are likely to stay. From the evolution of ChatGPT to the significance of Diversity, Equity, and Inclusion (DEI) in tech, we’re here to give you the latest news so that you won’t have to miss a thing.

Top Tech Releases of March and April

Throughout March and April, we distributed more than an outstanding 10,500 business technology press releases all across the wire. These are some of the most popular:

 

 

Business Technology News Trends

Here’s a look at a few of the trends we noticed among Business Technology press releases in March and April, with a few examples of each.

ChatGPT and other AI Iterations

There has been a continuous rise in the topic of ChatGPT and AI so far this year. From business to travel, ChatGPT and AI are making their mark as we learn more about the technology's impact and vision for the future.

In early March, CNN advised us to prepare to see ChatGPT responses in even more places, as it's expected to be integrated into numerous apps and services. In Mid-April, Purdue launched the nation’s first Institute of Physical AI (IPAI).

PR Newswire issued 1,768 releases mentioning "artificial intelligence" and/or "ChatGPT" in March and April, a gradual increase of 10% from the previous two months. Here's a short recap:

  • Business
    • Tiger Group Executive Managing Director Bradley W. Snyder delivered insights on ChatGPT and the prominent role of AI-based tools in the grocery business. This includes a smart cart system created by artificial intelligence startup Caper AI, which analyzes shopping patterns and responds by recommending various products and deals.
    • Spinify introduced the "Sidekick" AI assistant with the power of GPT-4 technology to redefine the relationship with how sales managers and their sales teams establish smarter goals, better insights, and more personalized experiences to increase growth and revenue.
    • In late April, Inspectorio introduced the "Inspectorio CAPA recommender" tool as the world's first ChatGPT-driven generative AI tool to assist brands, retailers, suppliers, factories, and others with supply chain management. This tool dives into the quality control process, specifically related to the research, validation, and development of corrective action plans.
  • Education
    • In late April, the American Accounting Association published the first crowd-sourced study comparing the performance of the ChatGPT AI chatbot and accounting students on accounting exam questions. The study, "The ChatGPT Artificial Intelligence Chatbot: How Well Does It Answer Accounting Assessment Questions?" concluded that on average, across more than 28,000 assessment questions, the students generally outshined the chatbot.
    • Introducing the A.I. Teaching Assistant (A.I. TA) by Class Technologies Inc. The A.I. TA is set to improve learner engagement and outcomes in live online classes. Some of the highlights include asking questions and receiving immediate answers, as well as creating a "study guide" during or after the live class.
  • Fashion
    • Innovative Eyewear, Inc. announced its new iOS/Android app, "Lucyd," which integrates with the company's smart eyewear with a voice interface for ChatGPT. "A great pair of smartglasses is defined by three key factors: fashion, tech, and suitability for all-day wear," said Harrison Gross, CEO of Innovative Eyewear.
  • Health
    • In February, a University of Maryland Medical Center study found that when asked to give advice on breast cancer screening, ChatGPT answered questions correctly about 88% of the time.    
    • ThinkAndor® is unlocking the power of AI for virtual care by using ChatGPT through Microsoft Azure OpenAI Service, improving content while providing an interactive experience and ultimately improving patient outcomes and satisfaction.
    • PatientGenie announced its groundbreaking AI navigation system, "PatientGPT." PatientGPT aims to transform patient navigation and personalized experiences by providing a more efficient, accurate, and user-friendly experience.
  • Travel: Your vacation is coming up? Consider bringing ChatGPT along with you as a guide.
    • GuideGeek, launched by Matador Network, is taking off as a new personal AI travel assistant. With more than 15 languages, this free service provides travel recommendations customized to the user's specific needs and interests.
  • Tech
    • Facemoji Keyboard introduced "Facemoji AI," the world's first content-creation keyboard with rich in-app resources. It offers new ways to customize English messages and includes six key messaging features to provide users with an easier and more engaging way to communicate and express themselves.

Virtual Spaces

Home sweet home? Throughout the months, we’ve seen an increase in news focused on virtual spaces, from education to music in the comfort of your home. In Mid-April, Radisson Hotel Group announced that guests would be able to view the Group’s hotels virtually from their laptops, mobile phones, and VR headsets. Virtual college tours are also seeing growth. In fact, it is reported that high school students are now only one click away from an immersive virtual tour of almost any major university in the U.S.

PR Newswire issued 1,143 stories in March and April that mentioned the term "virtual."

  • Learning
    • The BETT Show 2023 unveiled UNIVERSE by ViewSonic Corp., the virtual learning platform. The immersive 3D platform incorporates subject-specific Thematic Classrooms and class performance metrics for educators. 
  • Bring on the Music
    • YOOM, in partnership with Active Theory, announced SoundWaves: A Metaverse Music Concert. The March concert was an interactive, volumetric music event featuring three performances per day with different sets of artists. The participants were able to chat with other attendees, view merchandise, explore the metaverse space, and so much more.
  • Business
    • HTC VIVE introduced VIVERSE for Business, an easy and intuitive way for organizations to build their collaborative virtual spaces. Companies can choose from pre-made building blocks and can also customize these spaces with their own branding. 

Diversity in Tech

The conversations and efforts to reinforce the importance of diversity in the tech field have been on the rise. In a Forbes article advocating for tech companies to hire more women, Gala Grigoreva argues that promoting gender diversity in the tech industry is just the right thing to do. The practice also helps companies stay competitive and attract and retain talent. It's no question that we need to highlight the importance of diversity in the tech field.

PR Newswire issued a total of 393 tech-related DEI releases in March and April, including:

  • Comcast awarded $1 million to education nonprofit Heights Philadelphia to create a pipeline of diverse talent for technology-related workforce opportunities for Black, Brown, and first-generation-to-college students in Philadelphia.
  • The "2023 TechGiCS Forum" in late March, held by the National Science and Technology Council ("NSTC"), brought insightful perspectives into cultivating diverse technology talents in Taiwan.
  • In Mid-March, The Vonage Foundation partnered with Girls Who Code for a two-week program providing free, virtual opportunities for students in 9th through 12th grade. 
  • On March 31, VetsInTech held its annual VetsInTech Virtual Invasion 2023 national conference to advance career opportunities for veterans in the tech industry and to enforce a more inclusive and diverse industry by bridging the gap between the military and tech world.

Conclusion

It has truly been a groundbreaking time for the tech industry. From the growth of ChatGPT implementations in various fields to the transformation of virtual spaces, we are at the forefront of these evolving and innovative trends and the transformation of the future of technology.

 

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About the Author

Meiyee Wong headshotMeiyee Wong is a Customer Content Specialist and Business Technology Industry Ambassador at Cision PR Newswire. Outside of work, Meiyee can be found either exploring a new restaurant or trying a new recipe, traveling around the world, exploring the art scene, and staying up to date with the latest tech gadgets.