Microsoft shares jumped 9 percent on Tuesday after a strong earnings report that beat analysts’ expectations and rode a wave of enthusiasm over the company’s prospects in artificial intelligence. The rally continued on Wednesday, when shares were up by more than 7 percent even after the UK’s Competition and Markets Authority said it intends to block the software giant’s planned $68.7 billion acquisition of Activision Blizzard, citing concerns about the merger’s impact on “the growing and fast-moving” cloud gaming sector, while providing a clean bill of health in the console market. Microsoft says it will appeal the decision. Continue reading UK Blocks Microsoft-Activision Merger, Companies to Appeal

Generative AI for cybersecurity is an emerging category with Google an early entrant. At this week’s RSA Conference 2023 in San Francisco, Google unveiled Cloud Security AI Workbench, a toolkit powered by a customized AI language model called Sec-PaLM that is “fine-tuned for security use cases.” Accenture is the first client to sign up for Workbench. Google also announced it is combining its Google Cloud and Mandiant ecosystems to offer a turnkey solution to ward off threats “from incident response through proactive defense,” drawing on integrations from more than 100 leading cybersecurity vendors. Continue reading Google Workbench Taps AI Tech for Next-Gen Cybersecurity

Generative AI has become a buzzword in the business community, resulting in 65 percent of executives in a recent KPMG survey saying they believe the technology will have a high or extremely high impact on their organization in the next three to five years. Yet most say they are unprepared for immediate adoption, with 60 percent estimating they are 12 to 24 months from implementing their first generative AI solution. Fewer than half of respondents say they have the right technology, talent, and governance in place to successfully implement generative AI. Continue reading Enterprise Anticipates AI Impact but Few Execs Are Prepared

Stability AI has released StableLM, an open source language model that will compete with OpenAI’s GPT-4 to create apps like ChatGPT. The Alpha version of StableLM is available in 3 billion and 7 billion parameters, and the company promises 15 billion to 65 billion parameter models to come. “With the launch of the StableLM suite of models, Stability AI is continuing to make foundational AI technology accessible to all,” the London-based company said. The StableLM models can generate text and code to power various downstream applications with appropriate training. Continue reading Stability AI Debuts Open Source StableLM Foundation Model

Auto-GPT, an open source app that uses OpenAI’s text-generating models, is currently generating a great deal of social media attention. The program can act somewhat autonomously in that it creates its own feedback loop, asking itself a series of questions to help build a more nuanced and complete response to a text prompt. In short, something that would take a user multiple prompts to produce the desired information using ChatGPT could be accomplished using a single request of Auto-GPT, which could independently explore a subject before spitting back a comprehensive response. Continue reading Auto-GPT Generates Social Sizzle, Ushers in Era of AI Agents

The European Union, which has been working on artificial intelligence legislation for the past two years, is playing last minute catch-up with rapidly evolving technology as it retools a final draft law that can be adopted, possibly by the end of the year. While the European Council in December thought it had completed its framework in all but the details, that version largely deferred attaching specific rules to generative AI, which having since exploded, has triggered a movement among member states to add those guardrails along with rules for general purpose AI. Continue reading EU Considers Technology Updates for Next Draft of the AI Act

Twitter has reversed its decision to label public broadcasters as “government funded” or “state affiliated” — designations that under previous ownership were reserved for propaganda arms. The Friday move came after NPR and Canada’s CBC paused their Twitter accounts in protest. The BBC was also hit with a state-sponsored appellation. Outlets that challenged the state-sponsored appellation say only part of their funding comes from the government, and stress their terms include editorial independence. The reversal came one day after Twitter began removing the blue verification check marks from the accounts of thousands of non-paying users. Continue reading Backlash Prompts Twitter to Drop State-Affiliated Media Label

In a move it sees as a force multiplier, Alphabet is consolidating DeepMind and the Brain team from Google Research into a unit called Google DeepMind, uniting the teams responsible for Google Brain with DeepMind, the UK-based artificial intelligence research lab acquired in 2014. Collective accomplishments include AlphaGo, Transformers, WaveNet and AlphaFold, as well as software frameworks like TensorFlow and JAX for expressing, training and deploying large scale ML models. “Combining all this talent into one focused team, backed by the computational resources of Google, will significantly accelerate our progress in AI,” the company announced. Continue reading Google Restructures AI Research Units into Google DeepMind

There’s been a lot of noise recently about music generated by artificial intelligence tools. The clamor is on multiple fronts: generative mimicry of specific artists’ vocal styles, the potential to put Muzak-style background tunesmiths out of business with potentially cheaper alternatives, and the particulars of takedown orders. The matter came to a head this month after generative AI vocals prompted to sound like Drake and The Weeknd performed a song called “Heart on My Sleeve,” written and produced by a TikTok user. The tune quickly went viral, raising numerous concerns. Continue reading Music Industry Contends with Artificial Intelligence Disruption

BuzzFeed is closing its Pulitzer Prize-winning BuzzFeed News operation in a consolidation aimed at improving the company’s balance sheet. “We are reducing our workforce by approximately 15 percent today across our business, content, tech and admin teams, and beginning the process of closing BuzzFeed News,” BuzzFeed CEO Jonah Peretti explained in a memo to staff on Thursday. The layoffs will affect about 180 employees. The company will continue operating the meme-driven BuzzFeed.com while HuffPost, acquired in 2020 from Verizon, will carry the mantle for news reporting. Continue reading BuzzFeed News Closing as the Industry Continues to Struggle

Taiwan’s TSMC, the largest semiconductor manufacturer in the world, is seeking $15 billion in U.S. subsidies to help build two chip factories in Arizona, but is pushing back against terms that include sharing detailed information about its stateside operations and possibly profits. Some South Korean semiconductor firms are also said to have raised objections. The White House contends the criteria are in place to protect American taxpayers and ensure the subsidies are being spent as intended. TSMC has pledged $40 billion of its own funds for the project. Continue reading TSMC Seeks $15 Billion in U.S. Incentives to Build Foundries

As Microsoft ushers in Kya Sainsbury-Carter to head its $18 billion digital advertising business, Bing Chat is joining her at center stage. The company has plans for generative AI to transform the category, including with paid links in chat results. Since February the company has been testing ads in Bing Chat searches. Microsoft hasn’t disclosed how many people are using the new Bing with AI chat, nor how many ads it has served. Bing Chat’s responses include footnoted links to resources amplifying the information in the chatbot’s conversational answers, but sometimes it links to paid search ads. Continue reading Microsoft’s Bing Chat Powers a New Approach to Advertising

More than 3 million users are now using the $3.99-per-month Snapchat+ subscription service that launched last June. The premium offering got a boost when the company added early access to its AI chatbot, called My AI. Snap will soon make My AI available free to Snapchat’s 750 million monthly users, the company announced Wednesday at its annual partner summit in Santa Monica, California. Snap CEO Evan Spiegel told attendees the company is targeting 10 million users as a “medium-term goal” for Snapchat+, which in addition to the U.S. is available in the UK, Germany and United Arab Emirates. Continue reading ‘My AI’ Will Be Free for All as Snapchat+ Hits 3M Paying Subs

Netflix followed its triumphant Q4 with mixed results for Q1, the first quarter under new co-CEOs Ted Sarandos and Greg Peters. The period ending March 31 produced profit of $1.31 billion, down 18 percent year over year. Revenue was up 3.6 percent to $8.16 billion from $7.87 billion in Q1 2022. Paid sharing was launched in four countries in Q1, but the company delayed the broader rollout that was to come with a global crackdown on password piggy-backers, which was originally scheduled for Q1. The wider initiative, which includes the U.S., is now set for Q2. In addition, Netflix announced it would shutter its DVD rent-by-mail program. Continue reading Netflix Delays Password-Sharing Fees, Cancels DVD Rentals

Having survived global theater closures due to COVID-19, a Chapter 11 bankruptcy and a change in ownership, MoviePass is back. Informally known as MoviePass 2.0, the company has launched a website for MoviePass Beta that says it is “launching to the public summer 2023.” The resurrection of MoviePass appears well-timed to take advantage of pent-up demand for the moviegoing experience. An August 2022 waitlist, opened for only five days, experienced volume sufficient to crash the server. Prospective subscribers are told to sign up for email advisories of further availability. Continue reading MoviePass Beta Preps for Summer Launch with Limited Tests