The European Commission probe against Apple, Meta and Google for non-compliance with fair market provisions | Explained

The European Commission probe against Apple, Meta and Google for non-compliance with fair market provisions | Explained

The story so far: In a comprehensive slew of measures to ensure “contestable and fair markets in the digital sector” in line with the provisions of the Digital Markets Act (DMA), the European Commission on March 25 initiated ‘non-compliance investigations’ against Apple, Meta and Google’s parent Alphabet. It will also investigate Amazon’s ranking practices on … Read more

Amazon invests US$2.75 billion more in OpenAI rival Anthropic to boost generative AI efforts

Amazon invests US.75 billion more in OpenAI rival Anthropic to boost generative AI efforts

Amazon.com says it is investing an additional US$2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence (AI) start-up and expand a partnership between the companies. The infusion brings Amazon’s total investment in Anthropic, a well-regarded builder of AI tools able to generate text and analysis, to US$4 billion, … Read more

Apple set to unveil AI strategy at June 10 worldwide developers conference

Apple set to unveil AI strategy at June 10 worldwide developers conference

The iPhone maker announced the timing on Tuesday, saying the event will run through June 14. Though Apple did not say what it plans to unveil – in usual fashion – people familiar with the matter have said that the presentation will focus heavily on AI. Continuing an approach used since the beginning of the … Read more

Apple, Google, Meta targeted in EU’s first Digital Markets Act probes

Apple, Google, Meta targeted in EU’s first Digital Markets Act probes

Apple, Alphabet’s Google and Meta Platforms will be investigated for potential breaches of the EU’s new Digital Markets Act (DMA), European antitrust regulators said on Monday, potentially leading to hefty fines for the companies. The European Union law, effective from March 7, aims to challenge the power of the tech giants by making it easier … Read more

Google pausing AI portrait tool after complaints of historical inaccuracies

Google pausing AI portrait tool after complaints of historical inaccuracies

Google is pausing an AI tool that creates images of people following inaccuracies in some historical depictions the model generated, the latest hiccup in the Alphabet-owned company’s efforts to catch up with rivals OpenAI and Microsoft. Google started offering image generation through its Gemini AI models earlier this month, but over the past few days, some … Read more

Nvidia chief sees rise of ‘sovereign AI’ infrastructure across nations, driving demand for company’s advanced chips

Nvidia chief sees rise of ‘sovereign AI’ infrastructure across nations, driving demand for company’s advanced chips

Nations including India, Japan, France and Canada are talking about the importance of investing in “sovereign AI capabilities”, Huang said in an interview on Thursday with Bloomberg Television. “Their natural resource – data – should be refined and produced for their country. The recognition of sovereign AI capabilities is global”. At the time of the … Read more

Microsoft, Alphabet and AMD tout AI progress, but investors want tangible results

Microsoft, Alphabet and AMD tout AI progress, but investors want tangible results

Microsoft, Alphabet’s Google and Advanced Micro Devices – three companies working harder than nearly anyone to weave artificial intelligence into their products – are finding that, when it comes to AI, investors are hard to please. Shares of the tech giants slipped in late trading Tuesday after they delivered results for the last three months … Read more

Google to let global Android users search for content within other apps

Google to let global Android users search for content within other apps

Google will let global Android smartphone users search for content in other applications without having to exit them, a move aimed at boosting its search engine and driving engagement for app developers. Google’s new Circle to Search feature, to be rolled out “gradually” from January 31 on some premium Android smartphones, will allow users to … Read more

Google slashes over 1,000 jobs to focus on AI amid competition with Microsoft, OpenAI

Google slashes over 1,000 jobs to focus on AI amid competition with Microsoft, OpenAI

“Throughout the second half of 2023, a number of our teams made changes to become more efficient and work better, and to align their resources to their biggest product priorities,” a spokesperson for the Mountain View, California-based company said in a statement. “Some teams are continuing to make these kinds of organisational changes, which include … Read more

OpenAI in talks to raise new funding at US$100-billion valuation, making the ChatGPT creator one of the world’s most valuable start-ups

OpenAI in talks to raise new funding at US0-billion valuation, making the ChatGPT creator one of the world’s most valuable start-ups

Microsoft Corp-backed OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above US$100 billion, people with knowledge of the matter said, a deal that would cement the creator of ChatGPT as one of the world’s most valuable start-ups. Investors potentially involved in the fundraising round have been … Read more