In a significant move towards ensuring safe and secure development of artificial intelligence (AI), CEOs from leading tech companies have joined the advisory board of the US Department of Homeland Security (DHS). This collaborative effort aims to address potential disruptions posed by AI and safeguard national security, public health, and safety. A Collaborative Approach to AI Safety In a bid to navigate the complex landscape of AI development responsibly, tech titans such as Microsoft, Google, and OpenAI have stepped up to the plate. Their inclusion in the DHS advisory board underscores a collaborative approach towards addressing emerging challenges in AI…
Author: naman.pasricha
Sundar Pichai’s Message Marks Milestone in Company History Google-parent Alphabet Inc. has made waves in the tech industry with its groundbreaking announcement of a $70 billion stock buyback and its inaugural dividend issuance, a historic move in the company’s trajectory. This momentous decision, spearheaded by CEO Sundar Pichai, has sent shockwaves through the market, propelling Alphabet’s stock value to unprecedented heights and crossing the remarkable $2 trillion mark. In a recent report by Reuters, Alphabet unveiled its dividend offering of 20 cents per share, marking a significant milestone in the company’s financial strategy. Investors responded with fervor, driving the company’s…
CMA Launches Probe into Tech Giants’ Partnerships with AI Companies Amid Concerns Over Market Competition. Britain’s Competition and Markets Authority (CMA) has announced its scrutiny into partnerships between tech titans Microsoft and Amazon with smaller AI companies, sparking concerns over potential competition reduction in the AI market. The investigation targets deals like Microsoft’s collaboration with French AI firm Mistral and Amazon’s involvement with US startup Anthropic. The CMA’s move follows Microsoft’s significant investment of 15 million euros into Mistral AI, a company founded by former employees of Meta and Google’s DeepMind AI lab. This investment aims to bring Mistral’s large…
Musk-owned X (formerly Twitter) ventures into video streaming with the launch of X TV, aiming to offer a competitive alternative to YouTube. Elon Musk, the tech mogul known for pushing the boundaries of innovation, is once again making waves in the digital sphere. His brainchild, X, formerly Twitter, is gearing up to disrupt the online video streaming landscape with the launch of the X TV app. This strategic move signals Musk’s ambition to challenge the long-standing dominance of Google-owned YouTube and revolutionize how we consume video content online. In a recent announcement, X’s CEO, Linda Yaccarino, unveiled plans for the…
