#market-competition

#market-competition

As the creator of ChatGPT, OpenAI recently attracted 78% of daily unique visitors to core model websites, with six competitors splitting up the rest.

OpenAI's new model, GPT-5, consists of two distinct models: a lightweight LLM for quick responses and a heavier model for complex tasks. This change aims to optimize resource use.

Target customers will soon lose the price matching policy, which has been a way to ensure the lowest prices by matching competitors' prices.

Sales of the Cybertruck plunged 51% year-on-year in Q2 to just 4,300 vehicles, according to Cox Automotive, showing significant declines in demand for Tesla's electric pickup.

Perplexity's CEO Aravind Srinivas stated, "I reached out to Chrome to offer Perplexity as a default search engine option a long time ago. They refused. Hence we decided to build [the] Perplexity Comet browser."

Chick-fil-A first opened its doors in 1967 and has become a beloved fast food destination for its consistently great-tasting chicken sandwiches.

Whoop's fitness tracker differentiated itself by focusing on sleep and recovery, lacking a screen, and utilizing a subscription model that charged $30 per month.

In melding Omnicom and IPG, the deal will create the world's largest advertising group, potentially dominating media-buying markets globally.

Compared to our 2022 report, projects covered roughly 50 percent more miles, locations, and dollars invested and 91 percent are still building to new locations.

With a combination of crowd-pleasing features and serious name recognition, the FX+1 offers what people have been asking for from legacy brands.