Tech was back this week as Advanced Micro Devices unveiled its newest artificial intelligence chip and Alphabet released its latest AI model . Friday’s rally pushed the S & P 500 to a new 2023 high as the broad market index, the Dow and the Nasdaq all extended their weekly winning streaks to six straight. … Read more
Google is facing scrutiny over its demonstration video for its newly launched AI model, Gemini. On Wednesday, just weeks before the year’s end, Google launched what it considers its largest and most capable artificial intelligence model Gemini and presented a demonstrative video to media outlets and the public. The six-minute video includes spoken conversations between … Read more
A team at Google has proposed using AI technology to create a “bird’s-eye” view of users’ lives using mobile phone data such as photographs and searches. Dubbed “Project Ellmann,” after biographer and literary critic Richard David Ellmann, the idea would be to use LLMs like Gemini to ingest search results, spot patterns in a user’s … Read more
Jaap Arriens | Nurphoto | Getty Images The U.K.’s competition watchdog has opened an initial review into Microsoft’s mammoth investment into ChatGPT-creator OpenAI, making it the first major regulator to flag potential competition concerns over the tech giant’s relationship with one of the most important AI companies today. The Competition and Markets Authority said in … Read more
A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (left) and the letters AI on a laptop screen in Frankfurt am Main, western Germany. Kirill Kudryavtsev | Afp | Getty Images This report is from today’s CNBC Daily … Read more
In an interview with CNBC’s Jim Cramer, Amazon CEO Andy Jassy said generative artificial intelligence will change the customer experience in the company’s enterprise and discretionary consumer business. “Generative AI is going to change every customer experience, and it’s going to make it much more accessible for everyday developers, and even business users, to use,” … Read more
IBM is angling hard for an AI comeback story, and CEO Arvind Krishna is counting on a recent pivot to get it there. Since May, the company has reintroduced the Watson brand as part of the company’s larger strategy shift to monetize its AI products for businesses. WatsonX is a development studio for companies to … Read more
This photograph shows a screen displaying the logo of Bard AI, a conversational artificial intelligence software application developed by Google, and ChatGPT. Lionel Bonaventure | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to … Read more
Broadcom (AVGO) reported mixed fiscal fourth-quarter results Thursday, coming up slightly short on the top line, despite strong profitability. The forward guidance was complicated by a number of moving parts and cyclical challenges in the semiconductor business — but we’re unconcerned because the company’s AI story remains intact, along with the ongoing integration of a … Read more
Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium January 20, 2020. Yves Herman | Reuters Shares of Google popped more than 5% Thursday, a day after the company announced its latest artificial intelligence model called Gemini that will compete with products from OpenAI, … Read more
