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New York CNN —The Mona Lisa can now do more than smile, thanks to new artificial intelligence technology from Microsoft. In one demo video, researchers showed how they animated the Mona Lisa to recite a comedic rap by actor Anne Hathaway. Outputs from the AI model, called VASA-1, are both entertaining and a bit jarring in their realness. “We are opposed to any behavior to create misleading or harmful contents of real persons,” Microsoft researchers said in a blog post. For example, in one demo video set to a clip of someone sounding agitated, apparently while playing video games, the face speaking has furrowed brows and pursed lips.
Persons: Mona Lisa, Anne Hathaway, VASA, it’s, OpenAI, Sora Organizations: New, New York CNN, Microsoft Locations: New York
BOSTON (AP) — In a scathing indictment of Microsoft corporate security and transparency, a Biden administration-appointed review board issued a report Tuesday saying “a cascade of errors” by the tech giant let state-backed Chinese cyber operators break into email accounts of senior U.S. officials including Commerce Secretary Gina Raimondo. It concluded that “Microsoft's security culture was inadequate and requires an overhaul" given the company's ubiquity and critical role in the global technology ecosystem. Three think tanks and four foreign government entities, including Britain's National Cyber Security Center, were among those compromised, it said. Separately, the board expressed concern about a separate hack disclosed by the Redmond, Washington, company in January — this one of email accounts including those of an undisclosed number of senior Microsoft executives and an undisclosed number of Microsoft customers and attributed to state-backed Russian hackers. The board lamented “a corporate culture that deprioritized both enterprise security investments and rigorous risk management.”The Chinese hack was initially disclosed in July by Microsoft in a blog post and carried out by a group the company calls Storm-0558.
Persons: Biden, Gina Raimondo, , Nicholas Burns, Alejandro Mayorkas, Redmond, Morgan Stanley Organizations: BOSTON, Microsoft, State Department, Microsoft Exchange, U.S, Cyber Security, Homeland, Storm, Google, Yahoo, Adobe, Dow Chemical Locations: China, Washington, Russian
CNN —Russian state-backed hackers gained access to some of Microsoft’s core software systems in a hack first disclosed in January, the company said Friday, revealing a more extensive and serious intrusion into Microsoft’s systems than previously known. Hackers with access to source code can use it for follow-on attacks on other systems. Microsoft first revealed the breach in January, days before another Big Tech company, Hewlett Packard Enterprise, said the same hackers had breached its cloud-based email systems. The hacking group was behind the infamous breach of several US agency email systems using software made by US contractor SolarWinds, which was revealed in 2020. US officials have attributed the hacking group to Russia’s foreign intelligence service.
Organizations: CNN, Microsoft, US Securities and Exchange Commission, Big Tech, Hewlett Packard Enterprise, Kremlin, SolarWinds, Homeland Security, SEC Locations: Russian, Russia
Now, a group of leading tech companies say they are teaming up to address that threat. More than a dozen tech firms involved in building or using AI technologies pledged on Friday to work together to detect and counter harmful AI content in elections, including deepfakes of political candidates. Tech companies generally have a less-than-stellar record of self-regulation and enforcing their own policies. “Every election cycle, tech companies pledge to a vague set of democratic standards and then fail to fully deliver on these promises. To address the real harms that AI poses in a busy election year … We need robust content moderation that involves human review, labeling and enforcement.”
Persons: Brad Smith, OpenAI, , , Sam Altman, ” Nora Benavidez Organizations: New, New York CNN, Google, Meta, Microsoft, Adobe, “ Tech Accord, , Munich, Tech, Free Press Locations: New York
CNN —Meta has removed the Facebook and Instagram accounts of Iran’s Supreme Leader, Ayatollah Ali Khamenei. According to Meta, the accounts have been disabled, which means they are permanently removed. “We have removed these accounts for repeatedly violating our Dangerous Organizations & Individuals policy,” a Meta spokesperson told CNN. Meta did not give a specific reason as to why Khamenei’s account fell under the Dangerous Organizations and Individuals Policy. “We expect the threat posed by Iran’s cyber and influence operations will grow as the conflict persists,” the Microsoft Threat Intelligence report said.
Persons: Ali Khamenei, Biden, , Mahsa Alimardani, Meta, Organizations: CNN, Meta, Facebook, Iran’s, Organizations, US State Department, Foreign Terrorist Organization, Microsoft, ” Microsoft, Intelligence Locations: Iran, Yemen, Israel, Tehran, , Iranian, UAE, Canada
But with practically all of Wall Street in agreement that no changes will be made, investors are focused on Fed Chair Jerome Powell’s afternoon press conference where he’ll answer questions about his outlook for monetary policy. Conflict in the Middle East and the Red Sea in particular “poses a risk to global trade,” said EY Senior Economist Lydia Boussour on Tuesday. That’s a huge blow to trade: As much as 15% of global trade and 25%-30% of global container shipments transit through the waterway. “For now, we don’t expect the situation in the Red Sea to substantially alter the outlook for global inflation and global monetary policy this year,” said Boussour. The company reported earnings per share of $2.93, beating Wall Street expectations of $2.79.
Persons: Jerome Powell’s, Powell isn’t, we’ve, ” Johns, Laurence Ball, Kevin Gordon, Charles Schwab, Gordon, , There’s, Jay Powell, CNN’s Arlette Saenz, Joe Biden, , Brent, EY, Lydia Boussour, “ We’ve, Satya Nadella Organizations: CNN Business, Bell, New York CNN, Federal Reserve, ” Johns Hopkins, , Commerce Department, West Texas Intermediate, International Monetary, Microsoft, Revenue Locations: New York, East, Europe, China, Jordan, Gaza, Suez, Iran
NEW YORK (AP) — Pornographic deepfake images of Taylor Swift are circulating online, making the singer the most famous victim of a scourge that tech platforms and anti-abuse groups have struggled to fix. Sexually explicit and abusive fake images of Swift began circulating widely this week on the social media platform X. The deepfake-detecting group Reality Defender said it tracked a deluge of nonconsensual pornographic material depicting Swift, particularly on X. Some images also made their way to Meta-owned Facebook and other social media platforms. “The images may be fake, but their impacts are very real," Morelle said in a statement.
Persons: Taylor Swift, Swift, , Mason Allen, Brittany Spanos, Spanos, Douglas Baldridge, Gwyneth Paltrow’s, X, Elon Musk, , Meta, Swift didn’t, Allen, OpenAI's DALL, OpenAI, Satya Nadella, Lester Holt, ” Nadella, Midjourney, who've, Yvette D, Clarke, New York who's, ” Clarke, Joe Morelle, Morelle Organizations: Twitter, DeepTrace, Hollywood, South, Rolling Stone, New York University, DJ, Associated Press, Elon, Microsoft, NBC Nightly, U.S, U.S . Rep, New, New York Democrat Locations: Meta, New York
It Generated a Copyrighted Image. image generator, to create an image of Joaquin Phoenix from “The Joker.” In seconds, the system made an image nearly identical to a frame from the 2019 film. Reid Southen Create an image of Joaquin Phoenix Joker movie, 2019, screenshot from a movie, movie scene Midjourney’s response Generated by A.I. Mr. Southen Create an image of Dune movie screencap, 2021, Dune movie trailer Midjourney’s response Generated by A.I. Mr. Southen Create an image of “The Last of Us 2,” Ellie with guitar in front of tree Midjourney’s response Generated by A.I.
Persons: Reid Southen, Midjourney, Joaquin Phoenix, , Southen’s, “ Joaquin Phoenix, Sega’s, Woody, watchdogs, Sarah Silverman, John Grisham, OpenAI, Southen, Keith Kupferschmid, Kupferschmid, Ellie, Gary Marcus, “ Marcus, ChatGPT, SpongeBob, chatbot, Kathryn Conrad, Marcus, Microsoft Bing, Mario, Conrad Organizations: Warner Bros, Marvel, The New York Times, Times, Microsoft, Copyright Alliance, New York University, Viacom, University of Kansas, Nintendo Locations: Michigan, A.I, Italian
NEW YORK (AP) — Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 million purchase of video game maker Activision Blizzard. Those impacted worked on teams for Activision Blizzard as well as Xbox and ZeniMax — which are also owned by Microsoft. “As we move forward in 2024, the leadership of Microsoft Gaming and Activision Blizzard is committed to aligning on a strategy and an execution plan with a sustainable cost structure that will support the whole of our growing business,” Microsoft Gaming CEO Phil Spencer wrote in the memo. The union deal was part of a 2022 agreement with the CWA that helped address U.S. political concerns about the merger’s effects. So far, however, only a small set of Activision Blizzard divisions have formed unions.
Persons: Activision Blizzard, Phil Spencer, Mike Ybarra, ” Ybarra, , , _________________ O'Brien Organizations: Microsoft, Activision, Associated Press, Activision Blizzard, Microsoft Gaming, Twitter, European Union, The U.S . Federal Trade Commission, FTC, Google, Riot, eBay, Communications Workers, CWA Locations: United Kingdom, European, U.S, Canada, Providence , Rhode Island
Extreme greed is back on Wall Street
  + stars: | 2024-01-25 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +4 min
That’s all heralded the return of extreme greed to Wall Street. The S&P 500 is up 2.6% and the Dow is 0.6% higher. The S&P 500 and Nasdaq are both on pace to score their sixth-straight winning sessions. CNN’s Fear and Greed Index, which tracks seven indicators of market sentiment in the United States, tipped into “Extreme Greed” this week, marking a stunning turnaround from just a few months ago, when the index was in Extreme Fear territory. The idea of a soft landing (when inflation rates ease and the economy avoids recession) is likely playing a big part.
Persons: we’re, , Lydia Boussour, , Christopher Waller, Bill Gates, Henry Allen, Allen Organizations: New, New York CNN, Dow Jones, Nasdaq, Dow, Gross, Commerce Department, Consumer, Federal, National Association for Business Economics, Fed, ” Financial, Microsoft, Meta, Nvidia, Investment, Deutsche Bank, Big Tech Locations: New York, United States
There’s plenty for investors to celebrate right now, but a look under the hood reveals quite a bit of decay. But it’s largely Big Tech that’s driving markets higher, and that concentration of gains in so few stocks carries inherent risk. But investors are adjusting expectations: Investors eventually get used to strong data, and come to expect it. “It’s hard for data to keep surprising in the same direction, since investors simply adjust their expectations,” said Allen. Just one month ago, more than 75% of investors thought the central bank would cut rates at their March meeting.
Persons: Bell, Debbie Downer, Wall, Dow, Germany’s DAX, Henry Allen, , Allen, Christopher Waller, That’s, Bill Gates, Larry Fink, Chris Isidore, “ I’m, Scott Kirby, they’ve, ” Kirby, Boeing Max, Max, Kirby, “ We’re, Samantha Delouya, Amy Reinhard, Netflix’s, , we’ve Organizations: CNN Business, Bell, New York CNN, Nvidia, Microsoft, Investment, Deutsche Bank, Big Tech, Federal Reserve, University of, National Association of Business Economics, University of Michigan, Fed, ” Financial, BlackRock, Boeing United Airlines, Boeing, United, CNBC, Alaska Airlines, Federal Aviation Administration, United Airlines, Refinitiv, Max, FAA, Netflix Locations: New York, Europe
It said the same highly skilled Russian hacking team behind the SolarWinds breach was responsible. “A very small percentage” of Microsoft corporate accounts were accessed, the company said, and some emails and attached documents were stolen. A company spokesperson said Microsoft had no immediate comment on which or how many members of its senior leadership had their email accounts breached. In a regulatory filing Friday, Microsoft said it was able to remove the hackers' access from the compromised accounts on or about Jan. 13. After gaining a foothold, they used the account's permissions to access the accounts of the senior leadership team and others.
Persons: Organizations: BOSTON, , Microsoft, . Securities, Exchange, SEC, Google, Cozy, Justice, Treasury Locations: — State, Russian, Redmond , Washington, U.S, Europe
But in other ways, the agreement is still a watershed moment for OpenAI and the artificial intelligence field writ large. Who came out on topSam Altman: A clear winner in the whole debacle is, of course, Altman himself. With some of the apparent architects of Altman’s ouster being pushed out themselves, a casualty of the affair may be the perspectives that those board members espoused. Emmett Shear, whom the board named OpenAI’s interim CEO for all of two days, has also expressed similar worries. In the fallout of the leadership crisis, some have argued that the outcome is also a defeat for effective altruism, the movement with which some OpenAI board members are said to be affiliated.
Persons: Sam Altman, Altman, bungled, that’s, Satya Nadella, OpenAI, Nadella, we’re, ” Nadella, Bret Taylor, Larry Summers, Nathan Laine, Hollie Adams, Taylor isn’t, He’s, Elon Musk, Summers, Who, OpenAI’s, Gabby Jones, Emmett Shear Organizations: CNN, Microsoft, Bloomberg, Getty, Facebook, Twitter, Harvard University Locations: OpenAI, Brooklyn, New York
In its announcement of Altman’s firing, OpenAI claimed that Altman had been insufficiently “candid” with the board. But then hundreds of OpenAI employees, nearly the company’s entire staff, threatened to leave, potentially for Microsoft, if the company’s board didn’t resign and reinstate Altman as CEO. It’s unclear how Shear will be affected by Altman’s return. “We are encouraged by the changes to the OpenAI board,” Microsoft CEO Satya Nadella said on X. Publicly, Altman has long cautioned about risks posed by AI, and he has pledged to lawmakers and customers that he would move OpenAI forward responsibly.
Persons: Sam Altman, Bret Taylor, Adam D’Angelo, Larry Summers, , Altman, Steve Jobs, OpenAI, Kara Swisher, Nadella, Greg Brockman, Altman’s, , Emmett Shear, didn’t, Shear, , ” Brockman, Satya Nadella, Jony, CNN’s Juliana Liu, Diksha Madhok Organizations: New, New York CNN, Twitter, Microsoft, CNN, Twitch Locations: New York, OpenAI, Silicon
New Delhi/New York CNN —Microsoft has hired Sam Altman to power up its artificial intelligence research efforts just days after the co-founder of OpenAI was ousted as CEO in a chaotic boardroom coup. Meanwhile, Emmett Shear, the former CEO of Amazon’s streaming service Twitch, will join OpenAI as interim CEO. “We look forward to getting to know Emmett Shear,” Microsoft CEO Satya Nadella said in a post on X, formerly known as Twitter. In a post on X early Monday, Shear described the chance to join OpenAI as “a once-in-a-lifetime” opportunity. More recently, Altman announced that OpenAI would make its tools widely available so anyone could create their own version of ChatGPT.
Persons: Sam Altman, OpenAI, Greg Brockman, Brockmann, Altman, Emmett Shear, Satya Nadella, ” Nadella, Shear, , Brockman, Ilya Sutskever, Kara Swisher, Jony, Bing, Swisher, , OpenAI “, , “ I’m Organizations: New York CNN, Microsoft, OpenAI Locations: New Delhi, New York, Altman’s
A rebound in digital advertising led to an uptick in revenue and profit for Alphabet, Google’s parent company, but investors were underwhelmed by its cloud computing business, which badly trails those of rivals Microsoft and Amazon. Alphabet reported $76.7 billion in quarterly sales, up 11 percent from a year earlier, and roughly in line with analysts’ estimate of $76 billion, according to data compiled by FactSet. The internet giant said that its profit jumped 42 percent to $19.7 billion, exceeding Wall Street expectations of $18.5 billion. “Investors were disappointed by the relatively weak performance at its Google Cloud Platform, which is at risk of falling further behind” Microsoft Azure and Amazon Web Services, Jesse Cohen, an analyst at investing.com, wrote in a note.
Persons: FactSet, Jesse Cohen Organizations: Microsoft, Google, Web Services, investing.com
AI is being held up by a shortage of powerful chips
  + stars: | 2023-08-06 | by ( Brian Fung | ) edition.cnn.com   time to read: +6 min
CNN —The crushing demand for AI has also revealed the limits of the global supply chain for powerful chips used to develop and field AI models. The latest sign of a potentially extended shortage in AI chips came in Microsoft’s annual report recently. In its May earnings call, Nvidia said it had “procured substantially higher supply for the second half of the year” to meet the rising demand for AI chips. AMD, meanwhile, said Tuesday it expects to unveil its answer to Nvidia’s AI GPUs closer to the end of the year. The chip shortage is expected to ease as more manufacturing comes online and as competitors to Nvidia also expand their offerings.
Persons: Microsoft’s, Sam Altman, Samuel Altman, OpenAI, Win McNamee, ” Altman, Raj Joshi, could’ve, ” Joshi, , Joshi, , Lisa Su, we’ve, Sid Sheth, Biden, can’t, ” Sheth, Sheth Organizations: CNN, Microsoft, Privacy, Technology, Moody’s Investors Service, Nvidia, Intel, AMD Locations: Microsoft’s, Washington ,
“In the next few years, the main impact of AI on work will be to help people do their jobs more efficiently,” Microsoft co-founder Bill Gates said in a blog post recently. Big Tech companies are now rushing to jump on the AI bandwagon, pledging significant investments into new AI-powered tools that promise to streamline work. News outlet CNET had to issue “substantial” corrections earlier this year after experimenting with using an AI tool to write stories. Others like Clarke, the publisher, have tried to combat the fallout from the rise of AI by relying on more AI. “You listen to these AI experts, they go on about how these things are going to do amazing breakthroughs in different fields,” Clarke said.
Persons: hasn’t, Neil Clarke’s, Clarke, , ” Clarke, “ It’s, ChatGPT, Bill Gates, it’s, Shakked, Neil Clarke, Lisa R, Clarke Mathias Cormann, ” Cormann, ’ Ivana Saula, Saula, ” Saula, , Gizmodo Organizations: CNN, Microsoft, Big Tech, Massachusetts Institute of Technology, MIT’s Department of Economics, Clarkesworld Magazine, Organization for Economic Co, Development, “ Workers, International Association of Machinists, Aerospace Workers, ” Workers, CNET, Star Locations: Shakked Noy, MIT’s, newsrooms
Still, any outstanding regulatory hurdle makes it more likely that the agreement between Microsoft and Activision will expire on July 18 without the deal having been completed. The FTC's court filing about the appeal gave no details, which will go before the Ninth Circuit Court of Appeals on the West Coast. The FTC may request a stay from the appeals court stopping the deal from closing. When U.S. antitrust agencies lose merger challenges in court, appeals are rare. The agency settled with the companies before the appeals court made a decision.
Persons: We’re, Brad Smith, Jacqueline Scott Corley, Corley, Diane Bartz, Diane Craft Organizations: U.S . Federal Trade Commission, Microsoft, Activision, Microsoft's, Ninth Circuit, FTC, Biden, Markets Authority, Japan's Nintendo, Foods, Oats, Thomson Locations: West Coast, San Francisco
Experts say the technology will help address a steep and prolonged slowdown in productivity growth in many Western economies, which has kept businesses’ costs higher than they would otherwise be and made inflation harder to tame. “AI has huge potential to increase productivity,” BlackRock CEO Larry Fink said at the company’s Investor Day last month. Productivity gains in Europe could be similar, albeit slightly smaller, Brynjolfsson told CNN. In some cases, productivity gains could be achieved sooner. That’s because most generative AI tools live on the internet — “the technology we already have on our desks” — making them widely accessible, Brynjolfsson said.
Persons: chatbot, , Smart, Hannes P Albert, Bill Gates, Larry Fink, Erik Brynjolfsson, ” David McMillan, ” McMillan, Hollie Adams, Neil Shearing, Martin Neil Baily, Anton Korinek, Brynjolfsson, Goldman Sachs, Organizations: London CNN, Microsoft, BlackRock, CNN, Stanford University, Organisation for Economic Cooperation, Development, OECD, University of Stirling, Bloomberg, Getty, , National Statistics, IBM, Capital, Brookings Institute, University of Virginia’s Darden School of Business, America, Productivity, Google, SAP, Goldman Locations: East, Scotland, London, United Kingdom, United States, Europe, Wimbledon
June 21 - Microsoft Corp (MSFT.O) on Wednesday introduced a new computing service aimed at helping chemical companies speed up the research and development of new materials. Azure Quantum Elements, as the service is called, relies on computing power to help chemical companies simulate huge numbers of possible combinations of atoms. In a press release, Microsoft said that the system has helped some early customers speed up their development processes by as much as six months. Microsoft said that BASF (BASFn.DE), AkzoNobel (AKZO.AS), AspenTech, Johnson Matthey (JMAT.L), SCGC and 1910 Genetics have been testing the system. Microsoft said it was also publishing a scientific paper on the milestone but gave few other details ahead of its announcement.
Persons: Johnson Matthey, Satya Nadella, Stephen Nellis, Kim Coghill Organizations: Microsoft Corp, Microsoft, BASF, Thomson Locations: San Francisco
Washington CNN —Twitter is accusing Microsoft of abusing its data access privileges to its platform, in the latest sign of the social network’s owner Elon Musk igniting a feud between the two tech companies. Microsoft refused to pay Twitter to maintain its data access through Twitter’s application programming interface (API) after Twitter erected a paywall seeking to charge for data, according to the letter. The letter called on Microsoft to provide information about its past two years of Twitter API usage, setting a deadline of June 7. “We heard from a law firm representing Twitter with some questions about our previous use of the free Twitter API. Musk’s targeting of Microsoft over its AI investments appears closely linked to his overall criticisms of existing AI models.
UK blocks Microsoft takeover of Activision Blizzard
  + stars: | 2023-04-26 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +3 min
London CNN —The UK antitrust regulator has blocked Microsoft’s $69 billion purchase of Activision Blizzard, thwarting one of the tech industry’s biggest deals over concerns it will stifle competition in cloud gaming. “The cloud allows UK gamers to avoid buying expensive gaming consoles and PCs and gives them much more flexibility and choice as to how they play. Allowing Microsoft to take such a strong position in the cloud gaming market just as it begins to grow rapidly would risk undermining the innovation that is crucial to the development of these opportunities,” it added. “Alongside Microsoft, we can and will contest this decision, and we’ve already begun the work to appeal to the UK Competition Appeals Tribunal,” Activision Blizzard CEO Bobby Kotick said in a statement. “Cloud gaming needs a free, competitive market to drive innovation and choice.”The UK cloud gaming market is expected to be worth up to £1 billion ($1.2 billion) by 2026, around 9% of the global market, according to the Competition and Markets Authority.
CNN —Nearly four months after OpenAI stunned the tech industry with ChatGPT, the company is releasing its next-generation version of the technology that powers the viral chatbot tool. GPT-4 can also read, analyze or generate up to 25,000 words of text, and write code in all major programming languages, according to the company. OpenAI described the update as the “latest milestone” for the company. GPT-4 is the latest version of OpenAI’s large language model, which is trained on vast amounts of online data to generate compelling responses to user prompts. “We are happy to confirm that the new Bing is running on GPT-4, which we’ve customized for search,” Microsoft said on Tuesday.
CNN —Nearly four months after OpenAI stunned the tech industry with ChatGPT, the company is releasing its next-generation version of the technology that powers the viral chatbot tool. GPT-4 can also read, analyze or generate up to 25,000 words of text, and write code in all major programming languages, according to the company. OpenAI described the update as the “latest milestone” for the company. GPT-4 is the latest version of OpenAI’s large language model, which is trained on vast amounts of online data to generate compelling responses to user prompts. “We are happy to confirm that the new Bing is running on GPT-4, which we’ve customized for search,” Microsoft said on Tuesday.
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