Five secretaries of state have urged Elon Musk to update X's chatbot Grok for spreading misinformation about the 2024 presidential election, Nvidia's shares fell 7% due to a delay in its next-gen AI chips, Google rehired Character.AI co-founders and secured a license for their technology, AI chip startup Groq raised $640M in a Series D round, and Meta is negotiating with actors to feature their voices in AI projects.
The European Union's AI Act officially took effect, Meta reported a 22% revenue increase driven by AI investments, Hollywood video game performers will strike over AI protections, Yum! Brands plans to expand voice AI tech in Taco Bell drive-thrus, a study found that AI in marketing lowers consumer purchase intent, and several AI startups secured significant VC funding rounds.
Apple's AI features branded as "Apple Intelligence" will launch in October with iOS 18.1, Elon Musk is accused of violating X’s policies by posting a fake video of Vice President Kamala Harris, OpenAI is set to lose up to $5B in 2024, researchers at the University of Minnesota have developed a "Computational Random-Access Memory" chip that could cut AI energy use by at least 1,000 times, and Gartner predicts that 30% of generative AI projects will be abandoned by the end of 2025 due to unclear business value and high costs.
OpenAI is testing its AI search engine SearchGPT, Meta unveiled its largest open-source language model Llama 3.1 405B, Google DeepMind's math-solving AI systems achieved a silver medal equivalent in a high school math Olympiad, and Elon Musk is considering a $5B investment from Tesla into his AI startup xAI.
OpenAI's annualized revenue surpassed $3.4B, Apple briefly reclaimed the title of the world's most valuable company with a market cap of $3.3 trillion, Oracle announced a cloud infrastructure deal with Microsoft and OpenAI, Pope Francis will attend the G7 summit to advocate for AI regulations, over 80% of U.S. business owners plan to maintain or increase AI investments in 2024, and several AI startups, including Mistral AI and Cohere, secured significant funding rounds.
Apple's stock hit a record high following the announcement of its AI platform, Apple Intelligence, while Elon Musk withdrew his lawsuit against OpenAI, and France's Mistral AI raised $640M in funding, valuing the startup at $6.2B.
Apple announced "Apple Intelligence" with AI features and a partnership with OpenAI for iOS, iPadOS, and macOS; Elon Musk threatened to ban Apple devices at his companies over privacy concerns; Meta plans to use public social media posts from European users to train its AI models despite EU privacy laws; and Italian AI startup iGenius aims to raise €650M at a €1.7B valuation.
Apple is set to unveil new AI features called "Apple Intelligence" at its Worldwide Developers Conference, Microsoft will make its "Recall" feature opt-in to address privacy concerns, the tech industry opposes a California bill requiring AI safety tests and kill switches, Google is tightening guidelines on AI apps to prevent the generation of sexual and violent content, and a study found that OpenAI’s ChatGPT and Google’s Gemini answered election questions correctly only 73% of the time.
The U.S. FTC and DOJ have agreed to split antitrust investigations into Microsoft, OpenAI, and Nvidia, Humane is in talks to sell to HP after poor reviews of its AI Pin, NewsBreak has published numerous false AI-generated stories, a Reuters Institute report shows a preference for human journalists over AI in news, and Meta will test an AI assistant for businesses on WhatsApp.
Nvidia's market cap surpassed $3 trillion, making it the world's second most valuable company, while U.S. Treasury Secretary Janet Yellen highlighted AI's benefits and risks for financial firms, Elon Musk's xAI plans to build the world's largest supercomputer in Memphis, and Spark Capital led an $80M funding round in AI video-generation startup Pika.
Intel unveiled its latest AI chips for data centers and upcoming Lunar Lake processors, insiders from top AI firms signed an open letter urging more AI transparency, Elon Musk redirected Nvidia AI chips from Tesla to his companies X Corp. and xAI Corp., Canadian LLM startup Cohere secured $450M in funding, and Cisco Systems announced a $1B fund to invest in AI startups.
AMD is challenging Nvidia's dominance in the AI chip market with new AI chips for data centers and PCs, Microsoft is investing $3.2B to expand its AI and cloud infrastructure in Sweden, social media platform X has updated its policy to allow AI-generated pornography, a survey reveals only 4% of young Americans use generative AI daily, and the world's first virtual human pageant, Miss AI, announced its top 10 AI-generated finalists.
AI-generated images related to the Israel-Hamas conflict are spreading on social media, the Tribeca Festival will premiere short films made with OpenAI's Sora model, Saudi Aramco's venture fund invested $400M in Chinese AI startup Zhipu AI, and Dell's shares fell due to concerns over the profitability of its AI-optimized servers.
Google has improved its AI-generated search answers to address misinformation, OpenAI thwarted five foreign influence operations using AI, Apple plans to enhance Siri with advanced AI by 2025, a survey reveals nearly 80% of Americans expect AI abuses to impact the presidential election, and Salesforce shares fell 20% due to record-low sales growth and AI competition concerns.
Former OpenAI director Helen Toner revealed internal issues leading to Sam Altman's firing, French AI startup Mistral AI launched its first code-generating model, PwC will resell OpenAI's ChatGPT Enterprise, data centers' electricity consumption could rise significantly due to AI, Meta removed accounts linked to global influence campaigns using AI-generated content, and Elon Musk's xAI raised $6B in Series B funding.
OpenAI has formed a new Safety and Security Committee to review and improve its processes, started training its latest flagship AI model aiming for AGI, and ChatGPT remains the most recognized generative AI tool in six surveyed countries, while Google announced new AI features for Chromebook Plus laptops.
Apple is set to enhance its devices with practical AI tools at WWDC, Elon Musk's AI company xAI secures $6B in funding, Google addresses misinformation in its AI Overviews, the market for autonomous AI agents is projected to grow significantly by 2028, and SoftBank commits nearly $9B annually to AI investments.
Google's AI Overviews in its search engine have been generating false responses, Meta and Elon Musk's xAI are competing to partner with Character.ai, AI and ML venture capital funding reached $21.6B in Q1 2024, China announced an AI chatbot trained on President Xi Jinping's ideology, and Meta plans to introduce a paid version of its AI assistant.
Scarlett Johansson's legal team contacted OpenAI over the alleged imitation of her voice in ChatGPT's "Sky" voice, a Democratic political consultant faces felony charges for AI-generated robocalls impersonating President Joe Biden, and major tech companies like Meta and Google are negotiating with Hollywood studios to license content for AI video-generation platforms.
Nvidia's fiscal Q1 earnings surpassed expectations with a revenue of $26.04B, driven by record sales of its advanced GPUs to AI companies, while the UK's data watchdog investigates Microsoft's new "Recall" feature for privacy concerns, and the FCC proposes a rule to disclose AI-generated content in political ads.