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Google Tries to Catch Up to Rivals Like OpenAI as They Release Viral Apps

The tech giant’s invention led to recent breakthroughs in AI chatbots and image programs now being popularized by competitors. Read More...

American City Business Journals

Falls Church-based Northrop Grumman raises 2023 revenue guidance on ‘strong recent global demand growth’

Northrop Grumman Corp. (NYSE: NOC) expects a strong 2023 amid a rise in global defense budgets and a huge backlog it expects to grow larger in the coming year. The Falls Church contracting giant, which released its fourth quarter earnings Thursday, ended 2022 with $36.6 billion in sales, coming in at the top end of its guidance for the year. The C-suite boasted about a backlog more than two times its annual sales, with awards such as an $80 billion, multiyear contract to develop the new B-21 Raider for the U.S. Air Force and a $2 billion award to provide rockets for United Launch Alliance that will support Amazon’s Project Kuiper, an satellite internet service.

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