Author: Advanced AI Bot

(Bloomberg) — Apple Inc. is teaming up with startup Anthropic PBC on a new “vibe-coding” software platform that will use artificial intelligence to write, edit and test code on behalf of programmers. Most Read from Bloomberg The system is a new version of Xcode, Apple’s programming software, that will integrate Anthropic’s Claude Sonnet model, according to people with knowledge of the matter. Apple will roll out the software internally and hasn’t yet decided whether to launch it publicly, said the people, who asked not to be identified because the initiative hasn’t been announced. The work shows how Apple is using…

(Bloomberg) — Google can train its search-specific AI products, like AI Overviews, on content across the web even when the publishers have chosen to opt out of training Google’s AI products, a vice-president of product at the company testified in court on Friday. Most Read from Bloomberg That’s because Google’s controls for publishers to opt out of AI training only cover work by Google DeepMind, the company’s AI lab, and not any other organization at the company, said Eli Collins, a Google DeepMind vice-president. “Once you take the Gemini” AI model “and put it inside the search org, the search…

Nvidia has blasted leading AI lab Anthropic over its stance on U.S. export controls on advanced AI chips to China. Anthropic has argued that strong export controls on AI chips are crucial to maintaining the U.S. advantage in the global AI race and safeguarding national security, claiming that Chinese smugglers have come up with creative methods to circumvent export controls. Nvidia has dismissed some of Anthropic’s anecdotes as “tall tales.” Nvidia has publicly rebuked Anthropic after the AI lab called for tighter U.S. export controls on advanced AI chips to China. In a statement shared with news outlets, Nvidia accused…

Box Inc., a cloud storage company, announced a partnership with IBM this week to help businesses adopt enterprise AI for everyday work tasks. The partnership brings together IBM’s AI tool, watsonx, and Box AI. Box AI is an agentic AI tool developed by Box for organizations to customize their own closed-system AI models. Within Box AI, companies can limit prompt queries to specific sets of documents or data without any complex code-building. Enterprise AI refers to using AI models and tools at scale for large businesses handling proprietary information. IBM’s enterprise AI studio, watsonx.ai, now brings a selection of AI…

We recently published Jim Cramer’s Surprised About US Travel As He Discusses These 18 Stocks. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other stocks that Jim Cramer discussed. In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on the growing amount of stock buybacks and how the buybacks during April-May were the third best historically of the year. “Well, I’ll tell ya, the banks are the ones that are going to do it. They’re gonna start it and the banks have an appetite for their…

The AI juggernaut rolls on, at least for now. That was the clear message from Microsoft’s quarterly earnings yesterday. The company handily beat Wall Street analysts’ consensus forecasts for both revenue and profit growth, and provided more buoyant guidance for its next quarter than expected too. Microsoft shares jumped on the news, gaining as much as 9% in after-hours trading on Wednesday evening. The boost was a relief to shareholders, who have weathered a 5.5% slide in the company’s shares so far this year. The news is also likely to be a comfort to the entire AI sector—evidence that companies…

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Etsy is tapping AI for push notifications, emails and personalized homepages, company executives told analysts in a first-quarter earnings call Wednesday.  Engagement nearly doubled upon adding personalized homepages, CEO Josh Silverman said on the call. The company also tested using generative AI to create personalized marketing copy during the quarter. In Q1, buyer conversion rate on Etsy’s app increased year over year, Silverman said. The company saw an upward year-over-year trend in monthly active users and increases in…

Sean Gallup / Getty Images Microsoft shares rallied Thursday after the company’s quarterly results beat Wall Street’s expectations. Several analysts raised their price targets for the stock and Morgan Stanley called it one of the company’s strongest quarters in recent memory. Microsoft reiterated its plan to spend $80 billion on infrastructure in fiscal 2025. Microsoft (MSFT) shares surged Thursday after the company posted what Morgan Stanley called “one of their strongest quarters in recent memory,” on growth fueled by demand for cloud computing and AI. Microsoft shares were up nearly 9% in recent trading to about $430, pushing them into…

Michael M. Santiago / Getty Images Traders work on the floor of the New York Stock Exchange. Wall Street is partying like it’s 2024. Shares of tech mega-caps soared on Thursday as strong earnings reports from Microsoft (MSFT) and Meta Platforms (META) breathed fresh life into the AI trade that’s fueled stock market gains for the past two years. Microsoft and Meta both beat expectations with their quarterly results on Wednesday. Microsoft reported a 21% increase in cloud revenue, while Meta said its AI is approaching 1 billion monthly active users. The results boosted beaten-down AI and Big Tech stocks.…

Pinterest says it’s finally going to do something about the AI slop that’s taken over its platform. After an increasing volume of complaints, the social networking and image pinboarding site announced Wednesday a plan to begin labeling AI-generated and AI-modified images. It will also introduce a new option that allows users to reduce the number of generative AI Pins they see. The new features are an indication of how serious a threat generative AI is to platforms built on top of user-generated content, crowdsourcing, and social sharing. AI technology has made it possible for bad actors to flood these platforms…