Author: Advanced AI Editor
By Jody Godoy (Reuters) -The U.S. Federal Trade Commission, the de-facto federal privacy regulator, said on Friday that the U.S. Department of Justice’s proposal to make Alphabet’s Google share search data with competitors includes adequate safeguards to protect users’ privacy. The proposal is part of a range of measures the DOJ says are necessary to open up the online search market, after ruling in August that the tech titan holds an illegal monopoly. The Washington judge overseeing the case has seen a flood of input from experts and interest groups for and against the DOJ’s proposals as the trial nears…
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. In the continuing saga of humans vs. the AI revolution, fear is common for anyone fretting about its impact on their job or quality of life. “Listen, this [AI] is just another transition, like before Excel, after Excel, or before or after you could use a search engine,” Goldman Sachs (GS) chief investment officer Marco Argenti told Yahoo Finance Executive Editor Brian Sozzi on a new episode of the Opening Bid podcast (see the video above or listen below). “It’s more about…
00:00 Speaker A IBM, obviously a tech giant, but it’s not in the so-called magnificent seven, right? Yet here it is, hitting a record. So, I guess just high level, give us kind of what’s going on here that’s been propelling that recent growth. 00:16 Matt Yeah, and thank you guys so much for having me. I think with IBM, it really started off as a free cash flow story when we look back about five, six quarters ago going into Q4 when they had the big beat. That was kind of the start of the rally. But you mentioned…
00:00 Speaker A Um, and Matt, for for those who is not who are not as familiar with Jabil, um, talk to me about your role in this business. What exactly are you guys doing when you talk about transceivers and liquid cooling? Basically, you guys are helping build the racks that are in these data centers, right? 00:32 Matt We do. We do much more than that, actually. And so, you know, traditionally, uh, we’ve probably been viewed as a a company that puts together a bag of parts, but in actuality, we’ve expanded our capabilities dramatically. So, I…
00:00:00 Speaker A Now time for some of today’s Trending Tickers. We’re watching Uber, IBM, and Hershey. First up, Uber shares building on all-time highs hit during the session on Monday. Shares the ride share company of risen 60% year to date. That’s despite competition from self-driving offerings, like Waymo and Tesla, which, of course, kicked off its first self-driving vehicle rides in Austin last month. The shares now pulling back a little bit, but we’ve been seeing them hover near record highs. And also, I should mention, Bank of America out with a note this morning and raising their…
00:00 Speaker A What names do you like in tech here? 00:03 Speaker B Yeah, I I like a lot in tech, actually. So anything that has exposure to AI or the efficiency boom, and anything that has exposure to digitization as well as, uh, software and cloud, anything that needs to bring that to come to life is what I’m liking. So from the baseline perspective, the software or the hardware chips. So Nvidia absolutely is a portion of that. But I also like IBM. That is needed from an enterprise solution perspective to put on those guard rails…
Oracle (ORCL), a legacy tech player once lagging behind in the AI arms race, is now sprinting out front. The stock is up more than 45% this year — handily outperforming AI darlings Nvidia (NVDA) and Meta (META) — thanks to massive cloud deals and surging AI demand. With Wall Street watching closely, the question now is whether Oracle can turn its growth story into lasting earnings power. “Oracle has been growing [revenue] by mid-single digits, and now it could be growing 15% to 20% [annually] for the next few years,” Gil Luria, managing director at D.A. Davidson, told Yahoo…
Midjourney has released the alpha version of V7, which it says is an “entirely new” AI image generation model and is much smarter at processing your text prompts. The image quality of its output is noticeably higher, the Midjourney team says, and can create better textures, bodies and hands. AI image generators typically struggle with creating accurate depictions of hands, but based on photos posted by some users on their socials, V7 is capable of spitting out some photorealistic images of human hands.The new model comes with a feature called “Draft Mode,” which can render images at half the speed…
It might be around that time of year when you’re starting to figure out your summer vacation plans. Google has revealed some new features that can help with that, including a handy AI-powered one for Maps.If you turn on the new screenshot list, Gemini can automatically recognize locations that are mentioned in screenshots you take in the app. You can then save the places you’re interested in to a list. These saved spots will appear on the map, and you can share the list with your travel companions. This feature will be available on iOS in English in the US…
GPT-4, OpenAI’s first big upgrade to ChatGPT months after unleashing it on the world, is on its way out. A changelog the company published on Thursday said the model will be retired from ChatGPT on April 30. GPT-4o, which has been available since last May, will fully replace it.Despite GPT-4’s significance in modern AI’s brief but world-changing history, its sunsetting isn’t a great loss for customers. OpenAI says GPT-4o improves on it in writing, coding and STEM. Recent upgrades have boosted the newer model further, enhancing its instruction following, problem-solving and conversational flow. The company describes the multimodal GPT-4o as…