Peter Thiel Says Goodbye to Silicon Valley, Amazon Surpasses Microsoft
Billionaire investor Peter Thiel is leaving Silicon Valley and maybe even the board of Facebook. Thiel, a vocal supporter of President Trump, is reportedly growing frustrated over the intolerance of conservatism in Silicon Valley. He is moving his home and investment firms from San Francisco to Los Angeles. The investor will take a step back from the tech industry and is considering leaving the Facebook board. He's been a member since 2005.
Amazon officially surpassed Microsoft in market valuation. After the market closed on Wednesday evening, Amazon's market value increased to $702 billion, outpacing Microsoft which stands at $699.2 billion. Apple and Alphabet are still ahead of Amazon in being the most valuable companies.
Microsoft is now the fourth most valuable company.
OpenAI has released a fourth version of ChatGPT, called GPT-4, that understands images. This means it can look at a photo and provide general information about what's in it.
At its annual health event on Tuesday, Google announced a series of changes to its search tool that it said will make it easier to access information about affordable health care services.
