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☆ Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit
▼ + stars: | 2024-04-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +8 min

META YTD mountain Meta Platforms YTD Meta has the biggest tailwind on Earth being dangled in front of it — the newly signed law that says Chinese company ByteDance must sell TikTok or face a U.S. ban on the short-form video platform. AMZN YTD mountain Amazon YTD Amazon is also in the loved category but reports this coming Tuesday. NVDA YTD mountain Nvidia YTD I have no idea how Nvidia got to be a fence-sitter. AVGO YTD mountain Broadcom YTD Broadcom is iffy. CRM YTD mountain Salesforce YTD Salesforce has become mighty complicated.

Persons: I'm, Mark Zuckerberg, Meta, Andy Jassy, It's, Claude AI, Jensen Huang, Nvidia's, hasn't, it's, Hock Tan, Salesforce, Marc Benioff, what's, that's, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Meta, he's, Google, Amazon, Services, Nvidia, Broadcom, Blackwell, VMWare, calvary, PayPal, Informatica, Apple, CNBC, Facebook Locations: U.S, Oregon, Informatica, China, Menlo Park , California

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 20 (Reuters) - OpenAI's board of directors approached rival Anthropic's CEO about replacing chief Sam Altman and potentially merging the two AI startups, according to two people briefed on the matter. The news, reported earlier by The Information on Monday, follows various reported calls to find Altman's successor days after OpenAI's board ousted him. OpenAI declined to comment and board member Adam D'Angelo did not immediately respond to a request for comment. On Sunday the board offered ex-Twitch CEO Emmett Shear to be its interim chief, who accepted. By Monday, nearly all of the startup's more than 700 employees threatened to quit, including one of its executives on OpenAI's now four-person board.

Persons: Dado Ruvic, Sam Altman, Dario Amodei, OpenAI's, OpenAI, Adam D'Angelo, Emmett Shear, Altman, Anthropic, Claude, Jeffrey Dastin, Urvi, Nivedita Bhattacharjee, Sam Holmes Organizations: REUTERS, Sunday, Microsoft, OpenAI, Google, Thomson Locations: San Francisco, Bengaluru

☆ Claude AI can summarize text from PDFs for free. Here's how to use it
▼ + stars: | 2023-10-20 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

You can save time by summarizing long PDFs for free with Anthropic's Claude AI chatbot. Claude allows you to upload PDFs, as well as some other files, such as DOCX, CSV and TXT, directly to it. Then, by typing a command such as "Summarize PDF," you can get a clear, concise summary of PDFs across a wide range of subject matter. For example, when Claude was fed two different publicly available PDFs of F. Scott Fitzgerald's "The Great Gatsby," it returned two different summaries of the novel. Claude may return different summaries for the same PDF even when given the same command, but each summary is still accurate.

Persons: Claude AI chatbot, Claude, Scott Fitzgerald's Organizations: Microsoft

One unit ran a "hackathon," or collaborative engineering event, of so-called generative AI, technology that produces text, images or other new content based on past data. The division, Verafin, was exploring how to imbue such AI into its product for fighting financial crime, he said, adding the technology could create investigative reports. Still, despite using other forms of AI for years, Nasdaq's latest work remains experimental; no code has been published yet drafted by AI, Peterson said. Nasdaq has accessed a preview of Amazon's answer to the generative AI race, namely Amazon Bedrock, a pick-your-preferred technology approach that includes Claude AI from the startup Anthropic. On the longer-term horizon for Nasdaq is integrating the Thoma Bravo-owned software firm Adenza, subject to closure of the $10.5 billion-deal Nasdaq announced last month.

Persons: AUSTIN, Brad Peterson, Verafin, Peterson, We're, Nasdaq's, OpenAI, Claude AI, Thoma, Jeffrey Dastin, Kenneth Li, Deepa Babington Organizations: Nasdaq, Computer, Amazon Web Services, Microsoft, Thoma Bravo, Thomson Locations: Austin

July 11 (Reuters) - Anthropic, an artificial intelligence startup backed by Google, on Tuesday widened consumer access to its chat program Claude and upgraded underlying technology that the company says makes "Claude 2" better at tasks such computer coding and arithmetic. Businesses can launch products drawing on the model, and consumers in the U.S. and UK can chat with it online. Anthropic said in its upgrade of Claude it had doubled the model's performance on a safety evaluation. Unlike Claude, its recent GPT-4 model is "multimodal," meaning it can respond not just to text but to images that humans give it. Anthropic, founded by former OpenAI executives, said Claude 2 now scores 76.5% on the multiple-choice section of the Bar, up from 73% for its earlier model.

Persons: Claude, Anthropic, ChatGPT, Sandy Banerjee, Banerjee, Jeffrey Dastin, Stephen Nellis, David Gregorio Our Organizations: Google, Microsoft, Thomson Locations: San Francisco, Silicon Valley, U.S

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