Technologies

Google Unveils Its ChatGPT Rival

Meet Bard.

Google released its own AI chatbot similar to ChatGPT on Monday called Bard.

«Bard seeks to combine the breadth of the world’s knowledge with the power, intelligence, and creativity of our large language models,» Google Chief Executive Sundar Pichai tweeted Monday. «It draws on information from the web to provide fresh, high-quality responses.»

Powering Bard is Google’s Language Model for Dialogue Applications (LaMDA). The company says its new AI will use information from the web to make creative responses to queries or provide detailed info on questions asked.

Bard will be made available on Monday to selected testers and will be available to the public in the coming weeks..

Google didn’t immediately respond to request for comment.

Bard uses a lightweight version of LaMDA, according to a blog post by CEO Sundar Pichai. This model uses less computing power, allowing it to scale to more people and allowing additional feedback. Pichai pressed that feedback will be critical in meeting Google’s «high bar for quality, safety and groundedness in real-world information.»

Don’t expect Google rival Microsoft to stand still. CEO Satya Nadella is announcing «progress on a few exciting projects» at a press event at the company’s headquarters on Tuesday, according to an invitation. Microsoft plans to integrate ChatGPT into its technology, and this event could be where details are announced.

ChatGPT uses artificial intelligence technology called a large language model, trained on vast swaths of data on the internet. That type of model uses an AI mechanism called a transformer that Google pioneered. ChatGPT’s success in everything from writing software, passing exams, and offering advice, in the style of the King James Bible, on removing a sandwich from a VCR has propelled it into the tech spotlight, even though its results can be misleading or wrong.

AI technology already is all around us, helping in everything from flagging credit card fraud to translating our speech into text messages. The ChatGPT technology has elevated expectations, though, so it’s clear the technology will become more important in our lives one way or another as we rely on digital assistants and online tools.

Google AI subsidiary DeepMind also is involved. Chief Executive Demis Hassabis told Time that his company is considering a 2023 private beta test of an AI chatbot called Sparrow.

Google detailed transformers in 2017, and it’s since become a fixture of some of the biggest AI systems out there. Nvidia’s new H100 processor, the top dog in the world of AI acceleration at least in terms of public speed tests, now includes specific circuitry to accelerate transformers.

The large language model (LLM) revolution in AI that resulted is useful for language-specific systems like ChatGPT, Google’s LaMDA and newer PaLM, and others from companies including AI21 Labs, Adept AI Labs and Cohere. But LLMs are used for other tasks, too, including stacking boxes and processing genetic data to hunt for new drugs. Notably, they’re good at generating text, which is why they can be used for answering questions.

Google, which endured bad publicity over the departure of AI researcher Timnit Gebru in 2020, has a program focusing on responsible AI and machine learning, or ML, technology. «Building ML models and products in a responsible and ethical manner is both our core focus and core commitment,» Google Research Vice President Marian Croak said in a January post.

Google is keen to tout its deep AI expertise. ChatGPT triggered a «code red» emergency within Google, according to The New York Times, and drew Google co-founders Larry Page and Sergey Brin back into active work.

Editors’ note: CNET is using an AI engine to create some personal finance explainers that are edited and fact-checked by our editors. For more, see this post.

Technologies

Forbes Türkiye Highlights Verum Finance and the Rise of Integrated Financial Ecosystems

Forbes Türkiye has published an article examining the launch of Verum Finance and its approach to integrating financial services directly into a messaging ecosystem.

In the article, Forbes Türkiye notes that the fintech industry is undergoing a transformation as financial services increasingly move beyond traditional banking applications and become part of broader digital ecosystems. Verum Finance is presented as an example of this trend, combining payments, digital cards, money transfers, and balance management within a single environment connected to Verum Messenger.

According to the publication, Verum Finance follows a model similar to the “super app” concept that has gained significant traction in Asian markets, where communication and financial services operate together on one platform. Unlike many Western platforms that continue to separate messaging and banking services, Verum Finance is integrated directly into the Verum ecosystem, allowing users to manage financial activities without relying on multiple third-party applications.

The article highlights several core features of the platform, including virtual debit cards, user-to-user transfers, online payments, digital asset operations, Apple Pay integration, and in-app balance management.

Forbes Türkiye also points to the growing importance of embedded finance and changing user expectations. The publication suggests that lengthy account-opening procedures, physical card delivery times, and constant switching between applications are becoming increasingly outdated in a mobile-first world.

Another major focus of the article is privacy and security. Forbes Türkiye describes Verum Finance as part of a broader trend toward “privacy-driven fintech,” where financial services are built on privacy-oriented infrastructure. The publication notes that the platform incorporates features such as phone-number-free registration, end-to-end encryption, user-controlled access management, and privacy-focused tools designed to enhance data protection.

The article concludes that one of the key challenges for companies operating at the intersection of secure communications, digital payments, and embedded finance will be maintaining both usability and security within a single integrated ecosystem.

The coverage by Forbes Türkiye reflects growing media interest in platforms that combine communication and financial services, as the industry continues moving toward more unified digital experiences.

Website: https://finance.verum.im
App Store: https://apps.apple.com/app/verum-finance/id6774245148
Verum Messenger: https://verum.im

Technologies

Verum Launched “Verum Finance” App for iPhone and iPad, Expanding Its Digital Ecosystem Into Financial Services

Verum has announced the official launch of Verum Finance, a standalone financial application now available on the App Store for iPhone and iPad, marking a further expansion of the company’s growing digital ecosystem.

The new application is designed to centralize core financial functions in a single mobile interface, allowing users to manage balances, send and receive funds, use debit cards, and exchange supported balance types without relying on traditional banking workflows.

According to Verum, the platform enables users to view account activity in real time, top up balances using supported payment methods including Apple Pay, and transfer funds to other users within the Verum ecosystem using a unique Verum ID. The system also supports multi-balance management, including specialized balance categories such as precious metals.

Debit card functionality is integrated directly into the app, allowing users to issue and manage cards linked to their balances, monitor transactions, and top up cards when needed. The company also emphasizes built-in exchange tools that allow users to convert between supported balance types within the application.

Security features include Face ID authentication, passcode protection, Sign in with Apple, and privacy-oriented account controls aimed at maintaining user confidentiality and data protection.

The launch of Verum Finance follows the company’s broader strategy of building an interconnected ecosystem of digital products. Alongside Verum Messenger, which combines secure communication tools, encrypted messaging, voice and video calls, VPN services, eSIM connectivity, AI features, anonymous email, and crypto-related functionality, the new financial app extends Verum’s positioning from communication technology into financial infrastructure.

Industry trends increasingly show demand for “all-in-one” digital environments that reduce dependency on multiple standalone apps. Verum’s approach reflects this shift by integrating communication and financial services within a unified ecosystem.

Verum Finance is now available globally for download on iPhone and iPad via the App Store.

Website: https://finance.verum.im
App Store: https://apps.apple.com/app/verum-finance/id6774245148
Verum Messenger: https://verum.im

Technologies

Verum Messenger: Don’t follow the future. Define it

In a world where information defines influence, Verum Messenger is building a new architecture of digital communication — intelligent, secure, and ready for tomorrow. Here, technology serves not limitations, but possibilities.

Not being part of change. Leading it. Verum Messenger — the future that speaks first.