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. Read more

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. Read more

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. Read more

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. Read more

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. Read more