OpenAI comes under pressure from both EU and New York Times
Microsoft’s significant investment in OpenAI, a ChatGPT developer, may undergo scrutiny by the European Union (EU) as officials consider whether it falls under the reviewable scope of merger regulations. Microsoft is the largest minority investor in OpenAI Global LLC, a subsidiary controlled by OpenAI Inc, the non-profit majority owner. While Microsoft’s investment, delivered as cloud-computing […]
Meta is spending billions on VR, but competition is coming
Although Meta is reportedly spending billions of dollars per quarter building the metaverse, which Mark Zuckerberg believes is the future of his company, sales of VR headsets and AR glasses in the U.S. have plummeted nearly 40% in 2023. However, in spite of these glum figures, Zuckerberg’s dream of a futuristic virtual reality world is […]
TikTok launches new campaign to focus on Search
TikTok announces the start of a new advertising campaign called “It Starts on TikTok,” which highlights the platform as a source of information in what is a shift towards Search, in what is seen as a direct challenge to Google. The new campaign emphasises the diverse journeys that begin with a simple search on TikTok, […]
Alphabet announces drop in core Google advertising revenue
In the final quarter of 2023, Alphabet, the parent company of Google, reported a significant miss in predicted advertising revenue, which triggered a more than 5% drop in Alphabet stock during after-hours trading. Despite narrowly surpassing overall revenue predictions at $86.31 billion, compared to the expected $85.36 billion and marking a 13% YoY increase, the […]
Threads given green light to launch across Europe
Meta’s Threads app, often dubbed a “Twitter killer,” expanded its reach with an official launch in the European Union. The app, owned by Meta, initially debuted in July 2023 and rapidly gained over 100 million users within its first week, despite facing a subsequent decline in active users. The launch in the EU was delayed […]
OpenAI announces first partnership with media group – Axel Springer
OpenAI has entered into a groundbreaking partnership with German media group Axel Springer, the publisher of Business Insider and Politico, in a deal described as “the first of its kind.” Under this collaboration, OpenAI’s ChatGPT will pay Axel Springer to use its material, including articles that are typically behind paywalls. Users of ChatGPT worldwide will […]
The big players in tech are starting to take sides in AI – who will win?
Last week, Meta and IBM officially launched a new group called the ‘AI Alliance’, which aims to promote open-source AI development. Although the formation of the group is in itself a talking point, much of the chatter around the announcement has centred on who isn’t involved, including Microsoft, OpenAI and Google. In fact, the AI […]
EU reaches agreement to regulate AI with the world’s first laws
In a historic move, the European Union (EU) has reached an agreement on the world’s first comprehensive laws to regulate artificial intelligence (AI), following a 37-hour negotiation between the European Parliament and member states. The deal, described as “historic” by European Commissioner Thierry Breton, extends beyond AI to cover social media and search engines, impacting […]
Google announces latest AI upgrade to Bard – Gemini
Demis Hassabis, CEO and Co-Founder of Google DeepMind, has introduced Gemini, Google’s latest and most advanced AI model, in an article highlighting its key features and capabilities. Gemini is positioned as Google’s largest and most flexible AI model, with the ability to efficiently operate across various platforms, from data centers to mobile devices. Google outlines […]
TikTok expands its advertising offering with Pulse Premiere
TikTok is introducing its Pulse Premiere advertising solution to the UK, with Sky Sports becoming the first approved publisher through Sky Media. The platform’s advertising has proven to be an engaging form of entertainment, with 92% of users taking actions such as liking, sharing, following brands, or making purchases after watching TikTok videos. Pulse Premiere […]
Google announces a series of new Gmail protections for Inbox
In an effort to enhance email security and reduce spam levels, Gmail has just announced that it is implementing new requirements for bulk senders, starting in 2024. The new focus is on ensuring authentication, easy unsubscription, and maintaining a reported spam threshold. Despite Gmail’s AI-powered defenses blocking over 99.9% of spam, phishing, and malware, evolving […]
‘The vast majority of NFTs are now worthless’ – what happened?
In late 2021, non-fungible tokens (NFTs) were everywhere. NFT discourse dominated online conversations, Bored Ape Yacht Club NFTs were discussed by celebrities on major talk shows and artists like Damien Hirst were looking at how they could get involved with this ‘supposedly revolutionary million-dollar asset’. However, fast forward 24 months and everything has changed. In […]