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Top Tech News Today: OpenAI Suspends New ChatGPT Plus Subscriptions Amid Demand Spike. OSL Owner Invests US$90M in Hong Kong Crypto Exchange

Written By : Harshini Chakka

OpenAI has stopped ChatGPT plus subscriptions owing to the growing popularity

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Searchlight Introduces Version 2.0 of Its Innovative Personalized AI Technology for Hiring

Fast-Track Insights: OSL Owner Invests US$90M in Hong Kong Crypto Exchange

Sam Altman, the CEO of OpenAI, stated in a recent post on X that the decision to halt ChatGPT Plus signups was made due to capacity issues brought on by the recent spike in usage that followed the DevDay developers conference. ChatGPT Plus subscriptions with features like the new GPT-4 Turbo and custom GPTs will be temporarily discontinued to maintain a high standard of user experience for current users. A queue allows interested people to get notifications. Since their debut, GPTs have been created by developers and businesses for a wide range of uses, including Canva graphic design.

A premier provider of talent intelligence, Searchlight, has announced the general release of version 2.0 of its AI platform, ushering in a new era of assurance and effectiveness in the hiring process. The Talent Recommendation Agent Customized to You (TRACY) AI engine is the outcome of five years of product research, hundreds of thousands of data points on candidates and post-hire success in various jobs, and input from Searchlight customers.

Big data is the term used to describe the enormous and rapidly expanding volume of data that frequently exists within an organization in a variety of forms and originates from several sources. Stated differently, it is vast, diverse, and dispersed. Big data has a huge impact on how firms in almost every industry make decisions, create products, and manage their operations. Big data's primary obstacles are related to organizational, technological, and operational limitations such as a lack of infrastructure or skilled personnel. Let us deconstruct these obstacles into manageable, easily understood problems and provide concrete solutions. Read More

 The company that runs Hong Kong's publicly traded cryptocurrency exchange, BC Technology Group, has revealed that industry giant BGX has made a sizeable investment. In a joint statement on November 14, BC Technology and BGX announced their cooperation. BGX committed to investing about US$710 million Hong Kong dollars (US$90.1 million) to subscribe for shares in BC Technology. According to the release, this strategic investment will entail the subscribing of new shares following a certain mandate, pending shareholder approval.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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