Jive News
Artificial Intelligence
Recent developments in AI include Alphabet debuting improved AI search and chatbots, OpenAI co-founder Ilya Sutskever departing the company, and US lawmakers seeking $32 billion to keep American AI ahead of China.
AI is also being utilized in various industries, such as finance, with the ECB stating new rules may be needed, and in the German military through a partnership between Cerebras Systems and Aleph Alpha. Additionally, the US is exploring curbs on China's access to AI software behind apps like ChatGPT, while Google DeepMind unveiled the next generation of drug discovery AI models.
Technology:
In other technology news, Sony shares leaped 12% on buyback and dividend plans, Comcast is set to unveil a streaming bundle including Netflix, Apple TV+, and Peacock, and YouTube will block Hong Kong protest anthem videos after a court order. GameStop shares soared again, bringing back meme stock mania, and Elon Musk was ordered to testify again in a US SEC probe of his Twitter takeover. Apple unveiled a new AI-focused chip in the upgraded iPad Pro, and Palantir shares posted their biggest daily slide since 2022 after a disappointing forecast.
Appendix - Companies Mentioned:
Alphabet
Alphabet debuted improved AI search and chatbots as competition in the AI space heats up.
OpenAI
OpenAI co-founder Ilya Sutskever departed the company, which is known for creating ChatGPT.
Cerebras Systems
Cerebras Systems partnered with Aleph Alpha to supply AI technology to the German military.
Aleph Alpha
Aleph Alpha partnered with Cerebras Systems to supply AI technology to the German military.
Sony
Sony shares leaped 12% after announcing buyback and dividend plans, as well as a higher profit outlook.
Comcast
Comcast is set to unveil a streaming bundle that includes Netflix, Apple TV+, and Peacock.
Netflix
Netflix will be included in Comcast's upcoming streaming bundle alongside Apple TV+ and Peacock.
Apple
Apple TV+ will be part of Comcast's upcoming streaming bundle with Netflix and Peacock. The company also unveiled a new AI-focused chip in the upgraded iPad Pro.
YouTube
YouTube will block Hong Kong protest anthem videos after receiving a court order.
GameStop:
GameStop shares soared again, reigniting meme stock mania.
Twitter:
Elon Musk was ordered to testify again in a US SEC probe related to his Twitter takeover.
Google DeepMind:
Google DeepMind unveiled the next generation of drug discovery AI models.
Palantir:
Palantir shares posted their biggest daily slide since 2022 after a disappointing forecast.
