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☆ Spotify won't remove all AI-generated music despite previously pulling some AI tracks from the platform
▼ + stars: | 2023-09-26 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

He said the use of AI in the music industry would likely be debated for years. Ek told the outlet there was a debatable middle ground where AI-generated music was influenced by, but did not mimic, an existing artist. The Spotify boss added that the use of AI in the music industry would likely be debated for years. Several artists have criticized this type of AI music. During an appearance on the "Full Send" podcast, Ice Cube said he would sue "the people and the platform" who made and distributed AI-generated music in his style.

Persons: Daniel Ek, Ek, —, Drake, Spotify's, it's Organizations: Spotify, BBC, Service, BBC News, Apple Music, YouTube

☆ The Real Test of Government-Regulated AI
▼ + stars: | 2023-09-21 | by ( ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ai-artificial-intelligence-government-regulation-gender-6e0cc31b

Persons: Dow Jones

☆ Microsoft announces unified AI assistant, new Surface devices
▼ + stars: | 2023-09-21 | by ( Yuvraj Malik | ) www.reuters.com time to read: +2 min

REUTERS/Rami Amichay Acquire Licensing RightsSept 21 (Reuters) - Microsoft (MSFT.O) on Thursday announced a "unified" artificial intelligence (AI) for its Windows 11 platform and four new Surface devices, upping the appeal of its products spruced with the latest technology. The new AI tool, called Copilot, will work across the company's web and productivity applications Bing, Edge browser, and Microsoft 365 software suite. The updated AI software will roll out with the latest changes to Windows 11 on Sept. 26. It will be available in Microsoft 365 Copilot on Nov. 1, when the highly anticipated enterprise AI tool will be generally available for purchase. Microsoft on Thursday announced three laptops - Surface Laptop Go 3, Surface Laptop Studio 2 and Surface Go 4 For Business - and Surface Hub 3, the newer version of its interactive whiteboard.

Persons: Rami Amichay, Bing, OpenAI's, Panos, Yusuf Mehdi, Yuvraj Malik, Jeffrey Dastin, Maju Samuel Organizations: Microsoft, REUTERS, Big Tech, Apple, GenAI, Thomson Locations: Herzliya, Tel Aviv, Israel, Redmond , Washington, Panos Panay, Bengaluru, San Francisco

☆ Apple's new AirPods won't have to be taken out of your ears as often, thanks to sophisticated AI
▼ + stars: | 2023-09-18 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTKif Leswing/CNBCAlongside new iPhones and Apple Watches, Apple is releasing a new version of its AirPods Pro this month. The 2nd Generation AirPods Pro with USB-C — a mouthful of a model name — don't have any radical hardware changes. Apple's headphones are going far beyond the simple on-or-off noise-canceling features on competing devices. Apple calls the AirPods a "wearable," and reports it in the same revenue category as its Apple Watch. Apple frames Adaptive Audio as a safety feature, so users don't miss honks or disturbances when walking around cities.

Organizations: CNBC, Apple, AirPods Pro, Vision, Apple Watch, AirPods, Control

☆ AI-Driven Cataclysm Could Rock the Job Market: Top Economist
▼ + stars: | 2023-09-18 | by ( Aki Ito | ) www.businessinsider.com time to read: +33 min

Over the course of three conversations this summer, Acemoglu told me he's worried we're currently hurtling down a road that will end in catastrophe. "There's a fair likelihood that if we don't do a course correction, we're going to have a truly two-tier system," Acemoglu told me. "I was following the canon of economic models, and in all of these models, technological change is the main mover of GDP per capita and wages," Acemoglu told me. In later empirical work, Acemoglu and Restrepo showed that that was exactly what had happened. "I realize this is a very, very tall order," Acemoglu told me.

Persons: who's, Katya Klinova, Daron Acemoglu, Simon Johnson, Acemoglu, Johnson, we've, he's, we're, Power, James Robinson, —, Robinson, David Autor, Pascual Restrepo, Restrepo, John Maynard Keynes, Simon Simard, Lord Byron, Eric Van Den Brulle, hasn't, it's, Gita Gopinath, Paul Romer, Romer, What's, Daron, GPT, Asu Ozdaglar, It's, Mark Madeo, Tattong, Erik Brynjolfsson, Brynjolfsson, There's, Yoshua Bengio, Yuval Noah Harari, Andrew Yang, Elon Musk, I've, That's, Aki Ito Organizations: Getty, MIT, of Technology, Hulton, London School of Economics, Stagecoach, Technology, —, International Monetary Fund, Microsoft, Asu, Companies, Computer, Greenpeace, Communications, Big Tech, Workers Locations: Silicon Valley, America, Boston, Istanbul, Turkey, Acemoglu, England, United States, Britain, Australia

☆ People mocked me and said my essay-writing business was screwed when ChatGPT came out. So I fought like hell.
▼ + stars: | 2023-09-13 | by ( ) www.businessinsider.com time to read: +13 min

Killer Papers is an online tutoring and essay-writing website. Through all this, Killer Papers continued to grow and saw a 70% year-over-year revenue growth from 2021 to 2022. From June 1st through August 25th of this year, revenue at Killer Papers grew almost 35% yearly. For now, I'll continue to focus on differentiating Killer Papers, adding new products and services, and adapting to changes in academia. Somewhere along the way, we'll find out how Killer Papers fits into this new AI landscape as well.

Persons: I'm, I've, ChatGPT, —, Napoleon Bonaparte, envied, Romeo, Juliet, Alan, hadn't, they're, there's, it's, we'll Organizations: Service, Business, Public, Stanford, UC Berkeley, Microsoft Locations: Wall, Silicon, Canada, Niagra

☆ AI is changing how we work and create. It's also damaging our environment.
▼ + stars: | 2023-09-12 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Generative AI is changing how people work, complete assignments, date, and create. But the massive computer systems powering AI consume vast amounts of water and emit tons of carbon. Even with green initiatives by big companies, the scale of the impact is expected to increase. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Insider previously reported AI is like a tidal wave prepared to crash over the economy, eliminating more jobs than we yet realize.

Persons: Bard, ChatGPT, Adrienne Russell Organizations: Service, Information, Society, University of Massachusetts, Center for Journalism, Media, University of Washington Locations: San Francisco and New York

☆ There's a little-known way to invest in the AI revolution: real estate. Bank of America breaks down the opportunity to profit from the under-the-radar stocks powering it.
▼ + stars: | 2023-09-09 | by ( Mark Reeth | ) www.businessinsider.com time to read: +5 min

Data centers are perfectly positioned to take advantage of this trend, according to BofA. David Barden breaks down the opportunity for data center REITs, and which companies will profit. 2 data center giants ready for liftoffWith data centers poised to profit from the AI explosion, the only question remaining is which data center providers make the best investments now. "DLR's business model should, however, position it to develop facilities with the power density required to host large AI model Training," Barden wrote. While Equinix can capitalize on AI sooner rather than later, Digital Realty Trust's larger capacity makes it perfect for "larger, longer-dated AI training model environments," Barden wrote.

Persons: David Barden, Haim Israel, Barden, EQIX Organizations: Semiconductors, Software, Bank of America, Realty Trust, Digital Realty Trust, Digital Realty

☆ In U.S.-China AI contest, the race is on to deploy killer robots
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +26 min

In this high-tech contest, seizing the upper hand across fields including AI and autonomous weapons, like Ghost Shark, could determine who comes out on top. This could become critical if the United States intervened against an assault by Beijing on Taiwan. Cheap and expendableThe AI military sector is dominated by software, an industry where change comes fast. Still, the available disclosures of spending on AI military research do show that outlays on AI and machine learning grew sharply in the decade from 2010. The Costa-Mesa, California-based company now employs more than 1,800 staff in the United States, the United Kingdom and Australia.

Persons: America’s, Shane Arnott, Anduril, ” Arnott, Arnott, ”, “, Mick Ryan, Eric Schmidt, hasn’t, Lloyd Austin, –, Stuart Russell, Russell, Kathleen Hicks, “ We’ll, Palmer Luckey, Luckey, ” Arnott didn’t, Biden, Tsai Ing, Frank Kendall, Datenna, Martijn Rasser, Feng Yanghe, Feng, Palmer, ” Anduril, Arnott wouldn’t, David Lague, Edgar Su, Catherine Tai, Peter Hirschberg Organizations: Australian Navy, Ghost Sharks, Sharks, Reuters, Defense, Australian, Chinese Communist Party, Beijing, People’s Liberation Army, PLA, Department of Defense, Pentagon, Australia’s Department of Defence, Australian Defence Force, Technologists, University of California, U.S ., U.S, Teledyne FLIR, Facebook, VR, Military, . Air Force, FH, U.S . Central Intelligence Agency, Department, Statistics, Harvard University, Biden Administration, Special, Command, Ministry of Defense, Veteran Locations: China, Australia, United States, Sydney, Britain, Japan, Singapore, South Korea, Europe, Asia, Ukraine, ”, America, U.S, Taiwan, East Asia, Beijing, Russian, Berkeley, Fort Campbell , Tennessee, Kenya, “, Russia, Colorado, Zhuhai, Netherlands, Costa, Mesa , California, United Kingdom, Virginia, Canberra, Washington

President Joe Biden will nominate a former Obama administration official to lead the Federal Aviation Administration after his first choice withdrew March after running into opposition from Republican senators. Whitaker's nomination had been expected for months, and Biden's announcement was praised by several industry and labor groups. The FAA, which regulates airline safety and manages the nation's airspace, has been run by back-to-back acting administrators since March 2022. The first, Billy Nolen, who left FAA in June to join another air taxi company, Archer Aviation, praised Whitaker's nomination in a recent interview. Sara Nelson, president of the Association of Flight Attendants, urged the Senate to confirm Biden’s pick quickly.

Persons: Joe Biden, Obama, Biden, Michael G, Whitaker, Phillip Washington, Kyrsten Sinema, Sen, Ted Cruz, Biden's, Mike, ” Cruz, Stephen Dickson, Donald Trump, Billy Nolen, “, ”, ” Nicholas Calio, Sara Nelson, “ Whitaker Organizations: Federal Aviation Administration, Republican, FAA, Hyundai, TWA, American Airlines, United Airlines, Denver International Airport, Senate, Washington, GOP, Archer Aviation, Airlines for, Association of Flight Locations: InterGlobe, India, United States, Denver, Ted Cruz of Texas, Airlines for America

☆ I've made $2.7 million in revenue in the last 6 months by selling AI courses and using AI tools to cut costs. Here's how.
▼ + stars: | 2023-09-05 | by ( Ashley Couto | ) www.businessinsider.com time to read: +8 min

He discovered AI using Dall-E in 2021 and later became enthralled by ChatGPT and other AI tools. By selling AI products and using AI tools, Winfield made $2.7 million in the last 6 months. I no longer had to manage the agency and had more time on my hands to explore AI tools. AdvertisementAdvertisementWe earn revenue by teaching people how to use AI tools, but we also use AI tools to maximize our revenue. Otherwise, all the new AI tools can become just shiny objects.

Persons: Chris Winfield, ChatGPT, Winfield, I'd, Jasper, Copy.AI, Jen Gottlieb, Dall, Jen, you've, upermeme.AI, Supermeme, WooSender, we've, We've Organizations: Service, Super Connector Media, Media, Facebook, Super Locations: Wall, Silicon

☆ Commerce Secretary Raimondo: U.S. businesses are 'desperate for some kind of dialogue' with China
▼ + stars: | 2023-09-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In an interview with CNBC's Jim Cramer on Tuesday, U.S. Commerce Secretary Gina Raimondo stressed the importance of communication in fostering the country's economic relationship with China. Raimondo said U.S. businesses are "desperate" for dialogue. "I did, myself, personally, talk to over a hundred CEOs of U.S. businesses before going to China, and to say that they were desperate for some kind of a dialogue is not an exaggeration," Raimondo said. U.S. businesses need a "level playing field" in China, Raimondo said, as many fear raids or unpredictable government action toward their companies. The Commerce secretary also touched on artificial intelligence.

Persons: CNBC's Jim Cramer, Gina Raimondo, Raimondo, I'm, " Raimondo Organizations: . Commerce, U.S . Commerce Locations: China, Beijing, Shanghai, U.S

☆ Goldman Sachs on why AI is not a bubble and the best ways to play it
▼ + stars: | 2023-09-05 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The fast advance, while some view as unsustainable, has been supported by strong underlying fundamentals, Goldman said. Goldman highlighted a list of 11 stocks in various industries as "potential near-term beneficiaries of the AI revolution." Marvell Technology and Credo also manufacture related equipment needed to build AI technology, Goldman said. Goldman also identified a handful of companies that use their extensive cloud computing infrastructures to commercialize AI on a large scale. Thirdly, companies that are currently leveraging AI technology to amplify their businesses could also be near-term winners, Goldman said.

Persons: Goldman Sachs, Goldman, Peter Oppenheimer, Salesforce Organizations: Nvidia, Microsoft, Marvell Technology, Technology, Adobe, Intuit, Google, Meta

☆ AI has a big, dirty problem that is tarnishing Big Tech's environmental image
▼ + stars: | 2023-09-02 | by ( Monica Melton | ) www.businessinsider.com time to read: +4 min

AI computing has a sustainability problem. Google data centers consumed 5.2 billion gallons of water in 2022, up 20% from a year earlier. A recent Cowen research report estimated that AI data centers could require more than five times the power of traditional facilities. While a regular cloud server uses 300 to 500 watts, according to Shaolei Ren , a researcher at UC Riverside who has studied how modern AI models use resources. Communities are setting up data privacy controls and internet connectivity on their own terms and in ways that don't rely as much on big tech companies.

Persons: Adrienne Russell, Jensen Huang, Cowen, Shaolei Ren, Russell Organizations: Tech, Microsoft, Google, Meta, Nvidia, Center for Journalism, Media, University of Washington, UC Riverside Locations: Virginia, Seattle, Arizona

☆ Salesforce lifts annual forecast as business software demand stays strong
▼ + stars: | 2023-08-30 | by ( Zaheer Kachwala | ) www.reuters.com time to read: +2 min

REUTERS/Benoit Tessier Acquire Licensing RightsAug 30 (Reuters) - Salesforce (CRM.N) raised its annual revenue forecast on Wednesday and projected quarterly sales above estimates as it benefits from a recent price hike and resilient demand for its cloud and business software offerings in an uncertain economy. The company expects revenue to be between $8.70 billion and $8.72 billion in the third quarter, compared with estimates of $8.66 billion, according to Refinitiv data. Its quarterly earnings per share forecast was also above estimates. Salesforce also bumped up its annual revenue forecast to between $34.7 billion and $34.8 billion, from the $34.5 billion to $34.7 billion range given in May. In the second quarter, revenue came in at $8.60 billion, beating expectations of $8.53 billion.

Persons: Porte, Benoit Tessier, Salesforce, Slack, Einstein, Marc Benioff, Charlie Miner, Zaheer Kachwala, Maju Samuel Organizations: Viva Technology, Porte de, REUTERS, Google, Thomson Locations: Paris, France, Bengaluru

☆ How to stop Meta from using some of your personal data to train generative AI models
▼ + stars: | 2023-08-30 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

In a related blog post on how it uses data for generative AI, Meta says it collects public information on the web in addition to licensing data from other providers. Blog posts, for example, can include personal information, such as someone's name and contact information, Meta said. CNBC contacted Meta for information about whether that first-party information will continue to be used in training its generative AI models. Here's how you can delete some of your Facebook data used for training generative AI models:Go to the "Generative AI Data Subject Rights" form on Meta's privacy policy page about generative AI. The first option lets people access, download, or correct any of their personal information gleaned from third-party sources that's used to train generative AI models.

Persons: Mark Zuckerberg, Meta, hasn't, that's, they're Organizations: Facebook, Meta, CNBC, Microsoft Locations: Canada, Switzerland

☆ This mega-cap tech hitting a 52-week high is proving to be the next big AI play after Nvidia
▼ + stars: | 2023-08-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Alphabet shares hit a 52-week high Tuesday after showcasing its AI and machine learning capabilities at its annual Cloud Next event. Bank of America's Justin Post said the search company was "flexing its AI muscle," adding that its AI capabilities are a major customer selling point and should be a positive driver for the stock. Along with the hardware updates, Alphabet revealed pricing for a suite of AI-powered tools for enterprise customers. At $30 a month, Citi's Ronald Josey called the contribution "material over time," and said the event should mitigate any "remaining overhangs" on Google's Cloud AI capabilities. Correction: Google shares recently hit a 52-week high.

Persons: Morgan Stanley, Brian Nowak, Nowak isn't, Bank of America's Justin Post, Citi's Ronald Josey, Justin Patterson, Doug Anmuth Organizations: Nvidia, Microsoft, Bank of America's, KeyBanc Capital, Google

☆ Stocks making the biggest moves midday: Dick's Sporting Goods, Macy's, Charles Schwab and more
▼ + stars: | 2023-08-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Macy's said it expects adjusted earnings per share between $2.70 and $3.20, adding it sees comparable store sales falling between 6% and 7.5%. The company reported earnings of $4.56 per share, versus the $4.49 expected by analysts surveyed by Refinitiv. AppLovin – The marketing stock rose 1.5% to a 52-week high following a Jefferies upgrade to buy from hold. Zoom Video – Shares of the video communications platform lost about 2% even after the company posted better-than-expected second-quarter results. Aramark — The food service stock rose about 2%.

Persons: Dick's, Macy's, Lowe's, Charles Schwab —, Charles Schwab, AppLovin, Jefferies, Stephen Tusa, Emerson, AspenTech, Fabrinet, Seamus Grady, Aramark, —, Alex Harring, Yun Li, Hakyung Kim, Brian Evans, Michelle Fox, Sarah Min Organizations: Dick's, Goods, Revenue, Refinitiv . Revenue, Bloomberg, American Airlines –, American Airlines, Baidu, Microsoft, Activision, Activision PC, Jefferies, Emerson, JPMorgan, Garden, Bank of America, UBS Locations: Madison

☆ Goldman Sachs: These 72 non-tech companies are setting themselves up to be the unexpected winners of the AI revolution and enjoy an earnings boost for the next 20 years
▼ + stars: | 2023-08-21 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Companies encouraged investors to focus on artificial intelligence on Q2 earnings calls. These 72 companies outside of the technology sector touted AI in Q2, according to Goldman Sachs. Though some market commentators think that AI hype has gone too far, Goldman Sachs agrees with its peers that the enthusiasm is well-founded. That's reflected by a surge of mentions of AI by firms of all types on Q2 earnings calls, Goldman Sachs researchers recently noted. 72 under-the-radar AI winnersAfter poring over earnings call transcripts, Goldman Sachs researchers found that executives disproportionately discussed three topics: AI, economic growth, and sales growth drivers.

Persons: Goldman Sachs, David Kostin, that's, Goldman Sachs Goldman Sachs, they're Organizations: Companies, Management

☆ Rosenblatt names its top picks to play the ‘age of A.I. gold rush’
▼ + stars: | 2023-08-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Rosenblatt is calling out its favorite networking and semiconductor stocks as the "age of AI gold rush" kicks into high gear. That's creating an attractive setup for what Rosenblatt views as the "picks and shovels" in the networking and semiconductor industries. "Most large enterprises want to train and run large AI applications in the Cloud, but only a small portion of existing Cloud infrastructure can support it." Beyond the pure-play semiconductor names tied to AI, Rosenblatt is placing its bets on Coherent . Ambarella is another beneficiary of the growing need for to handle sophisticated AI models, down about 17% this year.

Persons: Rosenblatt, It's, Mike Genovese, Kevin Cassidy, — CNBC's Michael Bloom Organizations: AMD, Nvidia, Qualcomm, Rambus Locations: Ambarella

☆ Microsoft has pulled an AI-written travel guide, which told tourists to visit the Ottawa Food Bank if they are hungry
▼ + stars: | 2023-08-18 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Microsoft has pulled an AI-written travel article that recommended the Ottawa Food Bank as a tourist attraction for the city. "Consider going into it on an empty stomach," wrote the article on the food bank. that recommended the city's food bank as a top tourist attraction. The now-deleted article — which was previously published on Microsoft Start — suggested attractions like "The Winterlude Festival, National War Memorial, and Ottawa Food Bank, and many more." The Ottawa Food Bank was the third attraction on the list and included a caption that said, "Life is already difficult enough.

Persons: Jeff Jones, Microsoft's, Paris Marx Organizations: Microsoft, Ottawa Food Bank, Morning, MSN, Tech, CNET, Gizmodo Locations: Ottawa

☆ I'm a freelance editor who's embraced working with AI content. Here's how I do it and what I charge.
▼ + stars: | 2023-08-15 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

She pivoted to editing AI content, embracing a technology that many in her profession fear. I started working with authorsI started editing books, including novels and memoirs within four months. I use plagiarism-detection tools on clients' AI-generated workAt first, clients wanted me to make their AI-generated work sound less robotic and more human. Editing AI is often more involved than editing human work and can mean rewriting the whole text. It takes a lot more time to edit AI work.

Persons: Gabrielle Gerbus, Gerbus, —, I'd, who's, I've, ChatGPT, doesn't, haven't Organizations: National Geographic Locations: California, Thailand, Los Angeles

☆ Alibaba is doubling down on A.I. — Chinese stocks to watch
▼ + stars: | 2023-08-13 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Where to play it Where HSBC analysts are looking is in Chinese AI hardware stocks. Its customers also include Nvidia and U.S. and Chinese cloud companies. Based on in-person company visits — which revealed about a third had "lousy management" and not investable — he's decided to focus on Chinese AI and green energy companies. His watchlist of about 90 Chinese AI companies has more than doubled in value this year, Ogan said, noting his firm only owns a handful. However, publicly disclosed figures show the AI company only made net revenue of $48.2 million in 2022, with a net loss of $6 million.

Persons: They're, Tencent, Ernie chatbot, Frank He, Innolight, FII, Taylor Ogan, — he's, Ogan, Yuan Hui, Xiao, That's, Yuan, —, China's, Hua Zang, chatbot Organizations: Baidu, HSBC, HSBC Qianhai, Nvidia, Microsoft, Google, Biden, Snow Bull, Nasdaq, IDG Locations: China, Suzhou, Friday's, U.S, Shenzhen, Shanghai, Beijing

☆ Amazon shares can rally more than 65% as cloud revenue growth reaccelerates, Redburn says
▼ + stars: | 2023-08-11 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Amazon can build on its already stellar year as revenue from its cloud business picks up steam once again, according to boutique equity research firm Redburn. The analyst cited the potential for Amazon Web Services — the company's cloud computing business — to see growth reignited after a slowdown. AWS holds leading market positions in areas such as databases, data warehouses, data lakes and machine learning, Haissl said. AWS reported 12% growth in the second quarter, surpassing analysts' forecast by 200 basis points, according to the note. Haissl also expects AWS revenue to grow by more than 20% and 30% in the third and fourth quarters of this year, respectively.

Persons: Alex Haissl, Haissl, Gartner, —, Michael Bloom Organizations: Amazon Web, AWS, Amazon Locations: Thursday's, 2Q23

☆ Silicon Valley presented AI as a noble research tool. Now it's all about cold, hard cash.
▼ + stars: | 2023-08-08 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Tech firms once had the luxury of pursuing expensive AI research. It's a sign that companies hope AI will play a greater role in boosting revenue. The Financial Times reported that the company axed a team involved in protein folding research as part of its massive restructuring program, which Mark Zuckerberg has called the "Year of Efficiency." The company's vice-president of AI, Joelle Pineau, also said Meta "remains committed" to its Fundamental AI Research (FAIR) Team, which conducts "exploratory research based on open science." The race to make money from AI then is heating up.

Persons: that's, Mark Zuckerberg, Zuckerberg, Meta, Joelle Pineau Organizations: Morning, Google, Meta, Financial Times, Facebook, DeepMind, AI Research, FAIR Locations: DeepMind

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