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    AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairs

    European Commission assesses tech partnerships for merger control compliance, focusing on potential market concentration effects. Regulators worldwide scrutinize Big Tech's dominance in AI, raising concerns about access for smaller developers. Vestager leads investigations into exclusive clauses and talent acquisitions, aiming to prevent monopolistic practices and promote fair competition.

    What the arrival of AI phones and computers means for our data

    Apple, Microsoft, and Google are leading the way in the development of artificially intelligent smartphones and computers, requiring more user data for tasks like photo editing and call monitoring. This raises privacy concerns as AI needs access to personal data across devices and apps.

    Nvidia loses top spot to Microsoft after 3% drop

    Nvidia, whose market capitalisation surpassed that of Microsoft on Tuesday, was set to lose around $91 billion to its last closing market value of $3.34 trillion, at the current level of $131.88.

    Microsoft to delay release of Recall AI feature on security concerns

    The Recall feature tracks web browsing to voice chats, creating a history stored on the computer that the user can search when they need to remember something they did, even months later.

    Apple reclaims title of world's most valuable company

    Apple on Wednesday reclaimed its berth as the world's biggest company when measured by stock price, taking back the top position from Microsoft. Apple, which had taken its time to draw up its AI strategy, lost the top spot in January as investors rewarded Microsoft's unabashed rollout of new generative AI products under its Copilot brand.

    Apple to ‘pay’ OpenAI for ChatGPT through distribution, not cash

    Left unanswered on Monday: which company is paying the other as part of a tight collaboration that has potentially lasting monetary benefits for both. But, according to people briefed on the matter, the partnership isn’t expected to generate meaningful revenue for either party — at least at the outset.

    • MediaTek designs Arm-based chip for Microsoft's AI laptops

      Last month, Microsoft unveiled a new generation of laptops that feature chips designed with Arm Holdings tech, which provide enough horsepower to run the artificial intelligence applications that executives said were the future of consumer computing. The MediaTek chip is geared toward this effort.

      Apple brings ChatGPT and more AI to devices, Wall Street unimpressed

      In the nearly two-hour long presentation at Apple's annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with messages, emails, calendar, as well as third party apps. Siri will be able to write emails and change the tone of voice to suit the occasion.

      HCL Technologies launches Enterprise AI Foundry

      HCL Technologies said in a media release that, the company launch of HCLTech Enterprise AI Foundry to "simplify and scale enterprise AI journeys." The release further added, that this platform will effectively enable business leaders to focus on real-world outcomes and help development teams build next-gen AI-powered applications with ease.

      Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders

      The widely anticipated display of AI to be embedded in the iPhone and other Apple products will be the marquee moment at an event that traditionally previews the next version of software that powers the company's hardware lineup.

      Apple to break AI silence at developers conference

      Apple on Monday will attempt to persuade doubters on its AI strategy after rivals raced ahead in adopting artificial intelligence. ChatGPT-style AI voraciously feeds off data and Apple will be at pains to fight the AI race while living up to its traditional position on safeguarding data privacy.

      Meta hit with privacy complaints over AI plans

      A Vienna-based privacy group filed complaints against Meta in 11 European countries over unlawful AI data use. Microsoft announced a $3.2 billion AI investment in Sweden over two years, AMD unveiled new AI chips to challenge Nvidia, and Cisco plans a $1 billion investment in AI startups for secure AI services.

      Explainer: Why the few big AI players worry US antitrust regulators

      U.S. antitrust enforcers are investigating Big Tech's impact on the AI sector, looking into potential competition issues. Key concerns include data access advantages, impact on workers, and partnerships with Big Tech firms.

      ByteDance plans $2.1 billion investment in Malaysia for AI, minister says

      As part of the deal, the latest in a number of global tech companies expanding into Southeast Asia, ByteDance will also expand its data centre facilities in Malaysia's Johor state through an additional 1.5 billion ringgit investment, Investment, Trade And Industry Minister Tengku Zafrul Aziz said.

      Banks say growing reliance on Big Tech for AI carries new risks

      European banking executives express concerns about banks' increasing dependence on big U.S. tech firms due to the boom in artificial intelligence, driven by the popularity of AI applications like OpenAI's ChatGPT for fraud detection and money-laundering.

      Short bets against Nvidia stand at $34 billion, S3 Partners says

      Nvidia threatens to dethrone Microsoft as the world's most valuable company with outstanding short bets of $34 billion against it, while Apple and Tesla face lesser bets. Nvidia's stock surged 143% in 2024 due to high demand for its AI processors.

      The life, death and rebirth of an AI-generated news outlet

      Irish broadcaster Dave Fanning's defamation lawsuit involves Kasturi Chakraborty and Hemin Bakir, former journalists at BNN Breaking, revealing the impact of AI-generated news on their reputations.

      US clears way for antitrust inquiries of Nvidia, Microsoft and OpenAI

      Federal regulators are proceeding with antitrust investigations into Microsoft, OpenAI, and Nvidia in the AI industry. The Justice Department and FTC are leading the investigations, signaling increased scrutiny into AI technology.

      Apple faces pressure to deliver on AI at developer conference

      Apple is expected to make the case next week that it is not being left behind as tech world rivals blaze ahead with artificial intelligence. Since Apple makes most of its money from selling iPhones and other hardware, AI integrations will likely focus on its devices and services working more seamlessly together, said Creative Strategies analyst Carolina Milanesi.

      Nvidia's stock market value surpasses $3 trillion

      Nvidia's stock price has more than doubled this year and it's now the third most valuable company in the S&P 500. The company is also about to undergo a stock split and has seen soaring demand for its semiconductors.

      OpenAI, Google DeepMind's current and former employees warn about AI risks

      The letter further warns of risks from unregulated AI, ranging from the spread of misinformation to the loss of independent AI systems and the deepening of existing inequalities, which could result in "human extinction."

      Microsoft to lay off about 1,500 employees at Azure cloud unit: report

      Microsoft is cutting hundreds of jobs at its Azure cloud unit, impacting teams like Azure for Operators and Mission Engineering, as reported by Business Insider.

      Few AI deepfakes identified in EU elections, Microsoft president says

      Brad Smith, vice chairman of Microsoft, announced Microsoft's plan to invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over two years. Smith said that Microsoft has been training candidates for the European Parliament to monitor the situation.

      Microsoft to invest $3.2 billion in Swedish cloud, AI

      Microsoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over a two-year period.

      AMD launches new AI chips to take on leader Nvidia

      Advanced Micro Devices unveiled the MI325X accelerator at Computex, aiming to challenge Nvidia with new AI chips by 2026.

      Google rolls back AI search feature after flubs and flaws

      The disappearance of AI Overviews for some of the searches appeared to be part of a broader rollback after the new technology produced a litany of untruths and errors -- including recommending glue as part of a pizza recipe and suggesting that people ingest rocks for nutrients. Users loudly complained on social media about the mistakes, in many cases outright making fun of Google.

      Eye on AI: Tech giants form industry group, Apple-OpenAI deal and other top developments

      Google, Microsoft, Intel and other tech companies have come together to take on chipmaking giant Nvidia. Apple partners with OpenAI. The ChatGPT maker is training its new flagship model to succeed GPT-4. Google is putting limits on AI search experience. French unicorn startup Mistral releases generative AI model for coding.

      PWC to become OpenAI's largest enterprise customer, WSJ reports

      PWC will roll out a version of Microsoft-backed OpenAI's flagship chatbot catered towards large companies- ChatGPT Enterprise, according to the report.

      Ex-OpenAI board member provides her first detailed account of CEO Sam Altman's ouster

      Former OpenAI board member Helen Toner revealed on a podcast the backstory behind the firing and rehiring of CEO Sam Altman, citing instances of psychological abuse and a toxic atmosphere at the company due to a manipulative executive.

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