Good morning! This is your daily ☕️ Techpresso.
In today's Techpresso:
🤖 Amazon is working on a ChatGPT competitor
🎤 Google is building AI chatbots modeled after celebrities, YouTube influencers
📉 Nvidia's market value plummets drastically
🤷♂️ Apple rejected Meta's AI integration over privacy issues
⚖️ Microsoft broke antitrust rules by bundling Teams, EU says
🤝 OpenAI buys a remote collaboration platform
🎁 + 6 other news you might like
🔮 + 2 handpicked research papers and tools
🤖 Amazon is working on a ChatGPT competitorLINK
Amazon is developing an AI chatbot, code-named "Metis," to compete with OpenAI’s ChatGPT, and it could be launched later this year, based on a report from Business Insider.
The upcoming chatbot will be accessed through a web browser and rely on a new foundational model, as mentioned by sources and documents cited by Business Insider.
Amazon's CEO Andy Jassy is reportedly directly involved with "Metis," reflecting Amazon's broader strategy to intensify its AI efforts across various applications and services.
🎤 Google is building AI chatbots modeled after celebrities, YouTube influencersLINK
Google is reportedly developing new AI chatbots modeled after celebrities and YouTube influencers, aiming to create specialized interactive experiences.
The initiative will use Google's Gemini family of large language models and seeks partnerships with influencers and celebrities, allowing users to design their own chatbots by describing traits and appearance.
The project, led by executive Ryan Germick and a team of ten, might initially be available only on Google Labs, keeping the bots experimental and not widely accessible at launch.
📉 Nvidia's market value plummets drasticallyLINK
Nvidia's shares dropped nearly 13% in a week, causing a loss of $430 billion from its market value and dropping its market capitalization to $2.91 trillion.
This decline has moved Nvidia from the top position to third place among the world's most valuable companies, now trailing behind Microsoft and Apple.
Investor enthusiasm for Nvidia's role in AI is waning after significant stock gains, leading to a 6.7% drop on Monday, the third consecutive day of declines for the company.
🤷♂️ Apple rejected Meta's AI integration over privacy issuesLINK
According to a Wall Street Journal report, Apple is considering integrating Meta's generative AI services into iOS 18 and the upcoming iPhone models to enhance its Apple Intelligence features.
Apple has initiated discussions with major AI companies like Google, Anthropic, and OpenAI, aiming to incorporate diverse AI models, including a potential collaboration with Meta on Llama 2 and Llama 3 large language models.
This collaboration is beneficial for both companies, allowing Meta to access the vast network of iPhone users while providing Apple with a competitive edge in AI capabilities, despite previous business conflicts over data privacy policies.
⚖️ Microsoft broke antitrust rules by bundling Teams, EU saysLINK
EU regulators have accused Microsoft of breaching antitrust laws by bundling its Teams chat service with Office 365 and Microsoft 365 subscriptions.
This is the first time in 15 years that Microsoft faces such charges in the EU, following past cases related to Windows Media Player and Internet Explorer bundling.
If found guilty, Microsoft could be fined up to 10% of its annual worldwide revenue and might have to change its software products as per EU's directives.
🤝 OpenAI buys a remote collaboration platformLINK
OpenAI is advancing its AI technology by integrating it into desktop computing, moving beyond browser-based interactions with the acquisition of startup Multi.
By purchasing Multi, OpenAI aims to develop potentially a new AI-based operating system or at least an interaction layer for current systems, as suggested by recent product releases including a ChatGPT desktop app.
OpenAI's future AI assistant could replace traditional browsers, altering the role of search engines and websites, and revolutionizing how we interact with online content.
Other news you might like
OpenAI walks back controversial stock sale policies, will treat current and former employees the same.LINK
Oracle warns that a TikTok ban would hurt business.LINK
Snapchat is rolling out new safety tools aimed at protecting teens from sextortion.LINK
UN to tech companies: ‘Take responsibility’ for harms on information access.LINK
Etched is building an AI chip that only runs one type of model.LINK
Venture firms could be the latest target for AI disruption, and that's not the only threat to VCs.LINK
Latest research and tools
Twonkie: a re-engineered version of Google's Twinkie, designed for easy manufacturing by hobbyists as a USB-PD sniffer/injector/sink, utilizing a simpler PCB design and leaded parts for simplified soldering.LINK
Komorebi: a tiling window manager for Windows 10 and above that enables users to efficiently organize application windows, manage multiple virtual workspaces, and control display monitors using a command-line interface.LINK
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