Author: advancedainews
(Bloomberg) — Persistent concerns that Alphabet Inc. has fallen behind in the artificial intelligence supremacy race has weighed on the stock this year, and not even the cheapest earnings multiple in about two years, or limited risk from tariffs, has been enough to entice investors. Widely seen as one of the major players in AI, Google’s parent company nevertheless continues to be dogged by the perception that it could lose market share to rivals like ChatGPT. Though it retains a dominant share of Internet search, any loss could put additional pressure on the stock, especially as the company spends aggressively…
We recently published a list of 10 AI Stocks Investors Are Watching Today. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other AI stocks investors are watching today. Tech experts strongly believe that the new tariffs could potentially slow down the AI boom. “The AI Revolution trade would be significantly slowed down by these head scratching tariffs that NEED to be negotiated to realistic levels.” In particular, Ives has noted how “near-term pain” may extend longer due to the time required for manufacturing sites in the US to be…
LONDON (AP) — Ireland’s data privacy watchdog said Friday it’s investigating Elon Musk’s social media platform X over its use of personal data to train his artificial intelligence chatbot Grok. The Data Protection Commission said it has opened an inquiry into “the processing of personal data comprised in publicly-accessible posts” that European users posted on X. “The purpose of this inquiry is to determine whether this personal data was lawfully processed in order to train the Grok LLMs” under the bloc’s data privacy law, the commission said in a statement posted online. An LLM, or a large language model, is…
Good morning! AOC wants to ban Congress’s “insider trading,” Meta whistleblower testifies, and Canva’s latest tool would have benefitted its founder. – Learn to code. When Melanie Perkins cofounded Canva over a decade ago, she didn’t have a technical background. What she had was an idea—a vision for graphic design to be easier for people who weren’t literate in Photoshop, and an understanding that with the rise of social media, communication was becoming more visual. Her lack of a technical pedigree was a factor in more than 100 VCs’ decisions to pass as Perkins and cofounder (and now husband) Cliff…
TechCrunch Sessions: AI is fast approaching. So, what does that mean for you? It means exhibit tables are nearly gone — and now’s your chance to grab one before they’re all sold out. If you’ve got a game-changing product to showcase to the AI world, don’t keep it quiet. Exhibit your brand in front of the leaders and visionaries of the AI community. On June 5, 1,200 AI leaders, investors, and visionaries will gather at UC Berkeley’s Zellerbach Hall — and they’re hungry for what’s next. They’re looking for the tools, solutions, and tech that’ll help them move faster and…
This story was originally published on CX Dive. To receive daily news and insights, subscribe to our free daily CX Dive newsletter. Amazon CEO Andy Jassy stressed the importance of generative AI in revolutionizing customer experience in his annual letter to shareholders Thursday. Amazon is building more than 1,000 generative AI applications across the business to improve CX, Jassy said. That includes implementing it in personal assistants, shopping experiences and home devices. “Generative AI is going to reinvent virtually every customer experience we know, and enable altogether new ones about which we’ve only fantasized,” Jassy wrote. While businesses have woven…
This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. AI is beginning to transform the automotive design process by allowing designers to rapidly ideate, sketch and render new designs, experts say. Until recently, designers had to spend several weeks or months sketching before refining and rendering those images in 3D. The experience can be frustrating for designers because of the immense manual labor required to produce dozens or hundreds of drawings that differ “in the tiniest ways,” said Alan Macey, an automotive design and brand consultant and…
YouTube is launching a new feature that will allow creators to use AI technology to generate custom instrumental backing music that can be added to their videos. In an update published to its Creator Insider channel this week, the company shared that it’s beginning to roll out an update to its Creator Music marketplace that will allow creators to generate new tunes using AI prompts. YouTube says the feature is being “gradually” rolled out to creators who have access to Creator Music, the platform’s commercial music licensing resource launched in 2023. The marketplace was designed to make it easier for…
Although there has been significant pushback from artists regarding the proliferation of AI design tools and the content used to train generative models, the companies making the software for creative work are nevertheless building AI into their toolkits. It’s a signal of just how quickly AI has gained importance — regardless of what their customers say, graphic design software makers clearly seem to think they cannot survive without implementing some form of AI. The latest to double down on that strategy is Canva. The company on Thursday said it is adding a suite of new AI features to its platform,…
AI models from OpenAI, Anthropic, and other top AI labs are increasingly being used to assist with programming tasks. Google CEO Sundar Pichai said in October that 25% of new code at the company is generated by AI, and Meta CEO Mark Zuckerberg has expressed ambitions to widely deploy AI coding models within the social media giant. Yet even some of the best models today struggle to resolve software bugs that wouldn’t trip up experienced devs. A new study from Microsoft Research, Microsoft’s R&D division, reveals that models, including Anthropic’s Claude 3.7 Sonnet and OpenAI’s o3-mini, fail to debug many…