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☆ Here's everything you need to know about Big Tech's AI models and tools but were too afraid to ask
▼ + stars: | 2024-06-02 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +8 min

The in-house AI model called MAI-1 is said to be trained using a public dataset and text from ChatGPT, a source told The Information. AdvertisementThe company has a text-to-image generator called Microsoft Designer, which launched last year after being tested in December 2022. MetaMeta has an AI assistant called Meta AI. NurPhoto/Getty ImagesMeta has an AI assistant called Meta AI, which is run on its open-source LLM, Llama. It also has an AI image generator called Imagine, which launched in December and was trained on public Facebook and Instagram photos.

Persons: —, Microsft, OpenAI, it's, Mustafa Suleyman, Shane Jones, VASA, Satya Nadella, OpenAI OpenAI, Sundar Pichai, OpenAI might've, Scarlett Johansson, OpenAI's chatbot, Sam Altman, Meta Meta Organizations: Service, Microsoft, Google, Apple, Business, Microsoft Microsoft, Microsft Microsoft, Federal Trade Commission, MAI, Lumiere Meta, Google Google, Meta, Facebook, Titan, Anadolu Amazon's, Olympus, Web Services, Amazon Locations: ChatGPT, Anthropic

☆ Microsoft is about to show off its next move in AI. Here's what to expect.
▼ + stars: | 2024-05-20 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewIt's about to be a big week for Microsoft. Copilot and other AI features in WindowsWedbush analysts expect Microsoft to roll out more Copilot and AI features into its consumer and enterprise product stack. Related storiesIves said putting AI features into Windows will give developers the foundation to build AI use cases through Windows and, ultimately, Azure. Ives said the new AI Surface updates will start a new PC-driven cycle that's "AI-led, from Dell to Microsoft, and ultimately to Apple as well." But according to Ives, Microsoft will be a "showstopper."

Persons: —, Dan Ives, Wedbush's, Wedbush, Ives, Google Organizations: Service, Microsoft, Google, Business, Windows, Oracle, Apple, Dell, Ives

☆ Jim Cramer says this legacy tech stock is the 'star of the show' in AI. Here's what to expect from its earnings
▼ + stars: | 2023-09-08 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

In the three months that ended May 31, Oracle cloud infrastructure unit revenue jumped 76% on an annual basis, to $1.4 billion, roughly 10% of the company's total. Analysts at UBS struck a similar tone last week when they also upgraded Oracle stock to buy. We expect that, over time, Oracle's AI execution and growing cloud share should attract new investors to the stock and convince more analysts of its potential. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: holding's, Jim Cramer, Jensen Huang, Jim, OCI, Oracle, —, Jim Cramer's, Tom Brenner Organizations: Oracle, LSEG, Nvidia, Oracle Cloud Infrastructure, Web Services, Google, Barclays, UBS, Wall Street, UBS –, Microsoft, Semiconductor, Broadcom, CNBC Locations: U.S, Wilson, Arlington , Virginia

Britain's Competition and Markets Authority (CMA) is the only regulator to block Microsoft's $69 billion Activision deal, in a test of its post-Brexit clout. The CMA in a statement said the revised transaction would "allow Ubisoft to commercialise these rights to other cloud gaming services providers (including to Microsoft itself)". Under the new terms, Microsoft will not be able to release Activision Blizzard games exclusively on its own cloud streaming service — Xbox Cloud Gaming – or to exclusively control the licensing terms of Activision Blizzard games for rival services. The new transaction deals with streaming rights outside the European Economic Area, reflecting the fact that Brussels had already approved the deal. Ubisoft will, however, receive a non-exclusive licence for Activision's European gaming rights too, enabling the French group to also stream the rights in the EU.

Persons: Yadarisa, Kate Holton, Rashmi Aich, Sachin Ravikumar, Barbara Lewis Organizations: CMA, Activision, Ubisoft Deal, Microsoft, Ubisoft Entertainment, Britain's, Markets Authority, Ubisoft, European Union, Sony, U.S, Activision Blizzard, Economic, Activision's, Thomson Locations: Paris, British, Brussels, Bengaluru, London

☆ China's Baidu launches $145 million venture capital AI fund
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +1 min

SHANGHAI, May 31 (Reuters) - Chinese search giant Baidu Inc (9988.HK) will set up a venture capital fund of 1 billion yuan ($145 million) to back start-ups focused on content generated by artificial intelligence applications, it said on Wednesday. The company will also launch a competition for developers to build applications off its ERNIE large language model (LLM) or integrate the model into their existing products, it added. E-commerce giant Alibaba Group Holding Ltd (9988.HK) was among the other Chinese companies that followed quickly. In response to the surge of LLMs, China published draft regulations in April on the use of generative AI. ($1=6.9121 Chinese yuan renminbi)Reporting by Josh Horwitz, Samuel Shen and Jason Xue; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Ernie Bot, Josh Horwitz, Samuel Shen, Jason Xue, Clarence Fernandez Organizations: Baidu Inc, HK, Baidu, Alibaba, Holding, Thomson Locations: SHANGHAI, China, United States

☆ Growth stock vs. value stock? It's all in the eye of the beholder
▼ + stars: | 2023-03-06 | by ( Bob Pisani | ) www.cnbc.com time to read: +9 min

Most investors would say it's a growth stock, because it has the traditional characteristics of a growth stock: earnings are growing. But Microsoft is now being classified as partly a growth stock by Standard & Poors, and partly a value stock. S&P growth and value criteria: It's not that simpleThe S&P rebalances its growth and value indexes every year at the end of December. Growth ETFs in 2023 (year to date)Vanguard Growth (VUG) up 11.30%iShares S&P Growth ETF (IVW) up 5.6%iShares Russell 1000 Growth (IVW) up 9.2%However, these are unusually large discrepancies, Ullal said. But 30 years ago, issues like what is a value stock and what is a growth stock were largely determined by specialized stock pickers who set up mutual funds and hedge funds to attract investors.

LISBON, Nov 3 (Reuters) - Ukraine trusts Elon Musk to continue providing internet access through his SpaceX rocket company's Starlink satellite system despite a wobble last month, but is also seeking additional providers, one of its deputy prime ministers said on Thursday. Mykhailo Fedorov, in Portugal for Europe's largest tech conference, the Lisbon Web Summit, said Ukraine had discussed Starlink directly with Musk and was confident the Tesla and Twitter boss would not shut the service down in Ukraine. Starlink has "worked, is working and will definitely work in Ukraine", Federov, who runs Ukraine's digital transformation ministry, told a news conference in response to a question about the service from Reuters. Fedorov spoke at a joint news conference with Microsoft President Brad Smith, who announced around 100 million dollars of additional technology aid for Ukraine throughout 2023. "This will enable the government and other organisations in Ukraine to continue to run their services and serve Ukraine citizens through the Microsft Cloud and our public data centres spread across Europe," Smith said.

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