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☆ Google, augmented reality startup Magic Leap strike partnership deal: Reuters
▼ + stars: | 2024-05-30 | by ( ) www.cnbc.com time to read: +2 min

Alphabet 's Google and augmented reality startup Magic Leap are forming a strategic technology partnership and working on building immersive experiences that blend the physical and digital worlds. Magic Leap said in a blog post on Thursday that the two companies have agreed to a partnership. The partnership would combine Florida-based Magic Leap's expertise in optics and device manufacturing with Google's technology platforms, Magic Leap said. Google is an investor in Magic Leap, which is majority owned by Saudi Arabia's Public Investment Fund. Magic Leap and Google both declined to say whether the partnership was expected to yield a consumer AR device.

Persons: We've, Julie Larson, Green, Larson Organizations: Google, Meta, Apple, Reuters, Saudi Arabia's Public Investment Fund, Samsung Electronics, Astra Locations: Florida

☆ Google to invest $2 billion in Malaysia and build data center to capture rising AI demand
▼ + stars: | 2024-05-30 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

Google on Thursday said it will invest $2 billion in Malaysia, with part of the funds going toward building its first data center and cloud region in the country, as the demand for AI and cloud services rises. The Malaysia cloud region is the latest addition to Google's network of 40 regions and 121 zones in the world, the U.S. tech giant said. This comes after Microsoft said earlier this month it will invest $2.2 billion in Malaysia to advance new cloud and AI infrastructure. Tech giants like Google and Microsoft have pledged billions of dollars to Southeast Asia to capitalize on the rising demand for AI and cloud computing services. The AI boom has boosted demand for cloud computing services and data centers, as large amounts of data are required to train AI models and the cloud provides access to vast datasets.

Persons: Ruth Porat, Porat, Tengku Datuk Seri Utama Zafrul Aziz Organizations: Google, Government, Microsoft, Tech, Industrial Locations: Malaysia, U.S, Indonesia, Thailand, Southeast Asia

☆ We had cellphones, then feature phones, then smartphones. Now, 'IntelliPhones' are coming.
▼ + stars: | 2024-05-29 | by ( Alistair Barr | ) www.businessinsider.com time to read: +5 min

If AI tools on phones can really set them apart from current devices, consumers have a new reason to buy a fresh handset. Advertisement"We see the introduction of AI smartphones (IntelliPhones) as a once in a decade upgrade event," Mohan wrote. At Google's I/O conference earlier this month, the internet giant showed off several new AI capabilities for Pixel, Samsung, and other Android phones. AdvertisementMohan at BofA describes a wide range of new capabilities that could set IntelliPhones apart from smartphones and fire up the mother of all upgrade cycles. "We view the upcoming AI enabled phones (IntelliPhones) to drive a multi-year upgrade cycle similar to the step function improvement driven by the introduction of smartphones," he wrote, calling this a "once in a decade type of event."

Persons: —, Apple, Wamsi Mohan, Mohan, Sameer Samat, Siri Organizations: Service, Bank of America Securities, Business, iPhones, Wall Street, Pixel, Samsung, Google, Apple Locations: Google's, BofA

☆ LLMs, GPUs, and hallucinations — what you need to know about AI
▼ + stars: | 2024-05-29 | by ( Aaron Mok | Jyoti Mann | ) www.businessinsider.com time to read: +6 min

Here's a list of the people, companies, and terms you need to know to talk about AI, in alphabetical order. GPU: A computer chip, short for graphic processing unit, that companies use to train and deploy their AI models. Nvidia's GPUs are used by Microsoft and Meta to run their AI models. Multimodal: The ability for AI models to process text, images, and audio to generate an output. As a profession, prompt engineers are experts in fine tuning AI models on the backend to improve outputs.

Persons: —, Sam Altman, Altman, OpenAI's, Dario Amodei, Claude, Demis, Hassabis, Jensen Huang, Satya, Mustafa Suleyman, OpenAI, Elon Musk, Sam Bankman, Peter Thiel, Bard, James Webb, empiricists Organizations: Service, Business, OpenAI, Google, Nvidia, Microsoft, Bing, Meta, James Webb Space Telescope Locations: OpenAI, Anthropic

☆ I was rejected from my first promotion at Google. Here's how I took control of my career and landed 3 promotions.
▼ + stars: | 2024-05-29 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

Then I could go back to my manager and say: "Here's the problem, and here's what I did to solve it." I applied for another promotion a year after being turned down for the last oneI applied for another promotion. AdvertisementGetting rejected the first time was a blessing in disguise because I learned so much by getting rejected. I was tasked with being the tech lead of a number of critical projects for the Google Fiber TV ads team. Learning that I had to take control of my own career was vital to all the promotions I've had in my career since.

Persons: —, Irina Stanescu, who'd, I'd, I've Organizations: Service, Google, Business, YouTube, Uber Locations: California, Romania

☆ Gmail is stuck in the Stone Age. It needs to update its tabbed inbox.
▼ + stars: | 2024-05-29 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Read previewI don't think I know anyone who feels good about their email inbox. When Google introduced the tabbed inbox in 2013, I was in heaven. Since then, the tabbed inbox has fallen behind, unable to keep up with the ways that email has changed since 2013. Screenshot / Business InsiderGoogle has apparently noticed that the tabbed inbox isn't meeting today's needs, and will soon roll out an update meant to alleviate the burden of the swollen Primary inbox. I demand a Newsletters tabBut this still isn't what I dream of getting out of a tabbed inbox.

Persons: —, it's, Merrell, I've Organizations: Service, Business, Google, Old, Facebook, Boston Globe, Gmail, BI Locations: TikTok

☆ For some millennials, the reality of their retirement plans is that they're a fantasy
▼ + stars: | 2024-05-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The documentary chronicles the rise and fall of the movie-ticket-subscription company MoviePass, and is based on award-winning reporting from Business Insider . The big storyRetirement mathGetty Images;Alyssa Powell/BIFor some millennials, the reality of their retirement plans is that they're a fantasy. AdvertisementIt's not the first time we've gotten troubling data about millennials' retirement plans. But it's not just a lack of savings working against millennials' plans of riding off into the retirement sunset. AdvertisementAnd if you're hoping for a Hail Mary in the form of a fat inheritance to jumpstart your retirement plans, that's not looking great either.

Persons: —, MovieCrash, Alyssa Powell, Jacob Zinkula, William Edwards, we've, it's, millennials, Hail Mary, that's, Juliana Kaplan, It's, Johannes Simon, Neel Kashkari, Sam Altman, Justin Sullivan, Oliver Mulherin, Scarlett Johansson, Altman, Jensen Huang, Adam Neumann, Neumann, WeWork, Moviegoing, there's, BI's Peter Kafka, Sheryl Sandberg, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, HBO, Max, Business, Hail, Reserve Survey, Consumer, Wall, Minneapolis, UBS, Google, Nvidia, BI, Hollywood, HP Locations: Swiss, BI Denmark, New York, London

☆ CNBC Daily Open: Musk's artificial intelligence start-up raises $6 billion
▼ + stars: | 2024-05-28 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia's stock rose 2.6% on Friday, contributing to a 15% surge for the week, while the Nasdaq led major indexes with a 1.41% weekly gain. Nvidia CEO's net worth soarsNvidia CEO Jensen Huang's net worth soared to over $90 billion as better-than-expected earnings sent the company's stock soaring to a record high. Last Thursday, the stock rose more than 9% to close at nearly $1,038 per share.

Persons: Elon Musk, The Beverly Hilton, Jensen, Huang, Glass Lewis, Obama, Weizhen Tan Organizations: SpaceX, Tesla, The Beverly, CNBC, Nasdaq, Dow Jones, Treasury, Nvidia, Investors, Google, Nikkei, Bank of Japan's, CSI Locations: Beverly Hills , California, U.S, Texas, Asia, Pacific

☆ HubSpot shares jump on talks of potential Google deal
▼ + stars: | 2024-05-28 | by ( Jennifer Elias | ) www.cnbc.com time to read: +1 min

HubSpot shares rallied 8% on Tuesday after CNBC's David Faber reported that Alphabet is looking at an all-stock offer for the software company. Reports of a potential deal first surfaced in early April, when Reuters published a story saying Alphabet was talking to advisors about making an offer for HubSpot. "There have been many reports about HubSpot being in conversations with Google," Faber said Tuesday. With a market cap of about $33 billion, after Tuesday's jump, HubSpot would be by far Alphabet's largest deal ever. HubSpot shares were up slightly for the year prior to Tuesday's gains, closing the day at $638.39.

Persons: HubSpot, CNBC's David Faber, Faber, — CNBC's Jordan Novet Organizations: Reuters, HubSpot, Bloomberg, Google, Motorola Mobility

☆ Crypto.com's Exchange, Sponsorships, and Commercials, Explained
▼ + stars: | 2024-05-28 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

(That's not a knock on the company — for a lot of crypto exchanges, the Empire State is a tough nut to crack.) Crypto.com's primary business is its cryptocurrency exchange, which works as a middleman for people buying and selling crypto, but it also offers other products, including crypto Visa cards. To be sure, the casino thing could be said about most crypto exchanges — and sports-betting apps, and many regular trading apps. It's a good reminder that, whatever the company, it's better to use exchanges only for trading your crypto assets, not for storing them. Or maybe in five years we'll be looking back at this moment and saying: "Remember that one crypto company?

Persons: Eminem, Sam Bankman, Crypto.com doesn't, Jojo Siwa, it's, He'd, Nic Carter, Crypto.com, Kris Marszalek, Foris DAX Asia, It's, Matt Damon, Steven Kalifowitz, Bill Clinton, Tony Blair, FTX, hasn't, Marszalek, wasn't, Alex Gladstein, Emily Stewart Organizations: NBA, Los Angeles Lakers, It's, UFC, NASCAR, Lakers, Castle, Ventures, Staples Center, Miami Heat's, Binance's, Forbes, Financial Times, Securities and Exchange Commission, Bloomberg, PayPal, JPMorgan doesn't, Human Rights Foundation, Business Locations: New York, America, Singapore, Nigeria, Bulgaria, Monaco, Hong Kong, Polish, Los Angeles, Bahamas, Netherlands, Asia, Americas

☆ CNBC Daily Open: Musk's AI start-up raises $6 billion
▼ + stars: | 2024-05-28 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia's stock rose 2.6% on Friday, contributing to a 15% surge for the week, while the Nasdaq led major indexes with a 1.41% weekly gain. Nvidia CEO's net worth soarsNvidia CEO Jensen Huang's net worth soared to over $90 billion as better-than-expected earnings sent the company's stock soaring to a record high. Last Thursday, the stock rose more than 9% to close at nearly $1,038 per share. Google AI Overview misfiresGoogle's "AI Overview" feature in search is facing criticism for producing incorrect or controversial responses.

Persons: Jensen, Huang, Glass Lewis, Elon Musk, Obama, Eli Lilly, Eli Lilly's, Weizhen Tan Organizations: CNBC, Nasdaq, Dow Jones, Treasury, Nvidia, Investors, Google Locations: Texas, Indiana

☆ Why Google is (probably) stuck giving out AI answers that may or may not be right
▼ + stars: | 2024-05-24 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

And that most people don't know or care about search answers that tell people how many rocks to eat. Many of the examples we've seen have been uncommon queries, and we've also seen examples that were doctored or that we couldn't reproduce. What happens if people keep finding Bad Answers on Google and Google can't whac-a-mole them fast enough? Because that would be a really, really big problem. And the thing that's very different between the old Google results and the new ones is the responsibility and authority Google is shouldering.

Persons: —, we've, Katie Notopoulos, Katie, it's, Lara Levin, I've, We've, they'd Organizations: Service, Google, Business Locations: ChatGPT

☆ Google criticized as AI Overview makes obvious errors, saying President Obama is Muslim and that it's safe to leave dogs in hot cars
▼ + stars: | 2024-05-24 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

But on social media, users have shared a wide range of screenshots showing the AI tool sharing controversial responses. Here are some examples of what went wrong with AI Overviews, according to screenshots shared by users. When asked how many Muslim presidents the U.S. has had, AI Overviews responded, "The United States has had one Muslim president, Barack Hussein Obama." Attribution can also be a problem for AI Overviews, especially when it comes to attributing inaccurate information to medical professionals or scientists. The news follows Google's high-profile rollout of Gemini's image-generation tool in February, and a pause that same month after comparable issues.

Persons: It's, Barack Hussein Obama, it's, WebMD, they'd, Gemini, Demis Hassabis, Pichai Organizations: Google, Microsoft, UC Berkeley, U.S . Justice Department Locations: United States, German, British, France, ChatGPT

☆ Google AI said to put glue in pizza — so I made a pizza with glue and ate it
▼ + stars: | 2024-05-24 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +7 min

I knew my assignment: I had to make the Google glue pizza. But now I'm an adult and can't be shamed for eating glue pizza.) AdvertisementIt appears that the origin of the pizza glue was a joke made on Reddit 11 years ago about adding glue to sauce. Presumably, Google AI search results will improve, and these weird flukes of bad results will become increasingly rare. DO NOT EAT GLUE PIZZA.

Persons: —, it's, It's, minty, Katie Notopoulos, DKdCa6LUap, Scarlett Johansson Organizations: Service, NHL, University of Wisconsin, Business, Google

☆ Amazon’s new cloud boss inherits a business under pressure to keep pace in AI
▼ + stars: | 2024-05-23 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

"It's very early days in generative AI," said Jassy, who succeeded Jeff Bezos as CEO in 2021. Davidson, told CNBC that Amazon was "caught flat-footed" by the generative AI boom. During a Q&A session on Wednesday, Jassy was asked twice about the status of Amazon's generative AI efforts. He said the company is "seeing a lot of momentum" in generative AI within AWS to where it's now a multibillion-dollar business based on annualized revenue. Amazon has previously said it intends to use generative AI to make Alexa more conversational.

Persons: Noah Berger, Andy Jassy, OpenAI's ChatGPT, Adam Selipsky, Jassy, Jeff Bezos, Matt Garman, Gil Luria, Davidson, Luria, Bezos, Selipsky, Casey McGee, McGee, Anthropic, Dario Amodei, OpenAI, it's, Garman, Amazon, wasn't, Dilip Kumar, Kumar, Swami Sivasubramanian, Jamie Meyers, Meyers, Matt, Jordan Novet, Kate Rooney Organizations: Web Services, Getty, Amazon, Microsoft, Google, D.A, CNBC, Amazon Web, Alexa, AWS, Nvidia, ChatGPT, Accenture, Toyota, Nasdaq, Investments Locations: Las Vegas, Vegas, Bezos, Anthropic

☆ Big Tech goes on AI charm offensive in Europe as regulators circle
▼ + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

It's worth noting that their comments come as the world's first major law governing AI, the EU's AI Act, was given the final greenlight. Meanwhile, European Commissioner Thierry Breton, a major architect of rules around Big Tech, is set to speak later in the week. Vogels, who is tasked with driving technology innovation within Amazon , said that AI can be used to "solve some of the world's hardest problems." Manyika said Google open-sourced its watermarking tech so that any developer can "build on it, improve on it." "I am concerned that there is potential for monopolies to emerge around Big Tech and AI," he said.

Persons: Rafael Henrique, Lightrocket, Werner Vogels, Society James Manyika, Thierry Breton, Vogels, Manyika, it's, Google's, Gemma AI, Emmanuel Macron, Eric Schmidt, Yann LeCun, Macron, Matt Calkins, Appian, Calkins Organizations: Getty, France —, Viva Tech, Amazon Chief, Google, Technology, Society, Regulators, Big Tech, European Union, Microsoft, Amazon, Meta, Elysee, CNBC Locations: PARIS, France, Paris, Jakarta, Indonesia, View , California, U.S

☆ News Corp. and OpenAI strike 'multi-year global partnership' deal to use journalistic content to improve ChatGPT
▼ + stars: | 2024-05-22 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

on Wednesday announced a "multi-year global partnership" that will allow OpenAI to access current and archived articles from News Corp.'s outlets, including The Wall Street Journal, MarketWatch, Barron's, The New York Post and more. As part of the deal, OpenAI will be able to display content from News Corp.-owned outlets within its ChatGPT chatbot, in response to user questions. The news follows Reddit's announcement on Thursday that it will partner with OpenAI, allowing the ChatGPT maker to train its AI models on Reddit content. As part of that deal, OpenAI will gain access to Reddit's Data application programming interface, or API, "which provides real-time, structured, and unique content from Reddit," according to a release. Google announced a similar partnership with Reddit in February, allowing the company to train its AI models, such as Gemini, on Reddit content via access to the platform's API.

Persons: Sam Altman, Robert Thomson, OpenAI, Reddit, Mira Murati, Murati Organizations: Economic, News Corp, Wednesday, Street, The New York Post, News, Google, Reddit Locations: Davos, Switzerland, OpenAI, The, OpenAI's

☆ Nvidia just keeps hitting it out of the park
▼ + stars: | 2024-05-22 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Nvidia released its fiscal first-quarter results on Wednesday and reported record quarterly revenues of $26 billion — outdoing analyst estimates for $24.65 billion. This story is available exclusively to Business Insider subscribers. Nvidia shared a solid forecast for the future, too, saying second-quarter revenue will be about $28 billion, also ahead of expectations. Nvidia also raised its quarterly dividend by 150%, from four to 10 cents per share, and announced a 10-for-1 stock split, effective next month. "We can expect that more bold innovative moves from Nvidia will help it maintain its industry position for the foreseeable future."

Persons: —, Nvidia's, Blackwell, Colette Kress, Kress, Jensen Huang, Jacob Bourne, Bourne Organizations: Service, Nvidia, Business, Blackwell, Google, Microsoft, " Tech

☆ Amazon plans to give Alexa an AI overhaul — and a monthly subscription price
▼ + stars: | 2024-05-22 | by ( Kate Rooney | ) www.cnbc.com time to read: +4 min

Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of Amazon's plans. Amazon's subscription for Alexa will not be included in the $139 per year Prime offering, and Amazon has not yet nailed down the price point, one source said. The Alexa team worried they had invented an expensive alarm clock, weather machine and way to play Spotify music, one source said. When reached for comment, Amazon pointed to the company's annual shareholder letter released last month. It has undergone a massive reorganization, with much of the team shifting to the artificial general intelligence, or AGI, team, according to three sources.

Persons: OpenAI, Siri, Apple's, Scott Galloway, Alexa, Jeff Bezos, Andy Jassy, Jassy, Alexa didn't Organizations: Alexa, Google, Amazon, Gemini, iPhones, NYU, Spotify Locations: Seattle

☆ We're reading: Will Google's AI answers mean the end of the web?
▼ + stars: | 2024-05-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Google is shifting to AI-generated answers for search queries to keep users on its site. This shift raises concerns about the reliability of AI answers and the impact on web traffic. You ask it a question, and it sends you to a site on the internet that can answer that question for you. And now the company is super-sizing that effort with AI-generated answers that are going to be the standard reply for all search in the near future. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Google, Service, Business

☆ The evolutionary twist that could have helped dinosaurs rule Earth
▼ + stars: | 2024-05-18 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

New research this week is adding fresh detail to one of paleontology’s biggest questions: Did dinosaur blood run hot or cold? Clues from fossilized eggshells and bones have now suggested that some dinosaurs were warm-blooded and others were not. Reinhard Dirscherl/ullstein bild/Getty ImagesMarine scientists have used artificial intelligence to decode previously unknown complexity in the calls of sperm whales. The whales produced a catalog of clicking sounds, which the researchers described as akin to a “phonetic alphabet” for sperm whales. What sperm whales are saying with their clicks remains a mystery to human ears, but understanding the scope of their vocal exchanges is an important step toward linking their calls with specific behavior.

Persons: Dinos, Davide Bonadonna, Jeff Lichtman, Reinhard Dirscherl, Napoleon Bonaparte, Ashley Strickland, Katie Hunt Organizations: CNN, Vigo, UCL, Google Research, Lichtman, Harvard University, Google, Harvard, Northern, Central America, Getty Images Marine, —, Heritage, CNN Space, Science Locations: Universidade, North America, Scandinavia, Europe, Central, India, Dover, England

☆ Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
▼ + stars: | 2024-05-16 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

As part of the deal, OpenAI will gain access to Reddit's Data application programming interface, or API, "which provides real-time, structured, and unique content from Reddit," according to a release. In exchange, Reddit will begin offering certain AI features to users and moderators, powered by OpenAI, which will also become a Reddit advertising partner. OpenAI Chief Operating Officer Brad Lightcap spearheaded the deal, which was approved by the company's board, the release said. The update brings GPT-4 to everyone, including OpenAI's free users, Chief Technology Officer Mira Murati said Monday in a livestreamed event. Reddit, which went public in March and reached a record close a few days after its initial public offering, is back to trading near its high of $65.11.

Persons: Reddit, OpenAI, Steve Huffman, Sam Altman, Brad Lightcap, Mira Murati, Murati Organizations: New York Stock Exchange, Google, Reddit, GameStop Locations: New York City, Reddit

☆ How Google CEO Sundar Pichai shook up his leadership team for the AI era
▼ + stars: | 2024-05-16 | by ( Hugh Langley | ) www.businessinsider.com time to read: +11 min

It came almost 12 months after Google combined two key AI groups, DeepMind and Google Brain. Google's AI MVPGoogle DeepMind CEO Demis Hassabis GoogleDemis Hassabis might be the most important person at Google right now. Then, in April last year, Pichai announced he would merge DeepMind with Google's in-house AI unit, known as Brain, into a supergroup named Google DeepMind. Reid reports directly to Raghavan, the ads and search senior vice president, and is shepherding a dramatic transition of Google Search. Fears of chatbots eating into Google's search dominance have yet to be realized, giving Google time to reinvent its most hallowed product.

Persons: —, Sundar Pichai, Pichai, Susan Wojcicki, Demis, Hassabis, Larry Page, DeepMind, OpenAI, it's, accrues, ED JONES, Rick Osterloh, Sameer Samat, he'll, Hiroshi Lockheimer, Osterloh, Prabhakar Raghavan, Siri, Tim Cook, Hiroshi, SAJJAD HUSSAIN, Liz Reid, Reid, Raghavan, Pandu Nayak, Venkatachary, It's, chatbots, Bernstein, Mark Shmulik Organizations: Service, Google, Business, Google's, BI, Research, Hassabis, Android, Apple, Apple's Vision, CNBC, Google Local Locations: Raxium

Dylan Field, co-founder and CEO of Figma, speaks at the startup's Config conference in San Francisco on May 10, 2022. Figma, a cloud-based design tool company, said Thursday it will allow investors, including current and former employees, to sell their shares in a tender offer that values the company at $12.5 billion. That's up 25% from the valuation at which the company fundraised in 2021, but below the $20 billion acquisition offer Adobe made in 2022. Adobe and Figma called off the planned acquisition in December following regulatory scrutiny. In December, a regulatory filing said Adobe would pay Figma a $1 billion breakup fee.

Persons: Dylan Field, Kleiner Perkins, Salesforce, Figma, Morgan, CNBC's Jordan Novet Organizations: Figma, Adobe, Microsoft, Google, Oracle Locations: San Francisco, Sequoia

Google I/O 2024 "should assuage fears over [Alphabet's] AI competitive position," analysts at Oppenheimer wrote in a research note to clients on Wednesday. Here's the full list of Alphabet's AI updates. "I was using Google Search versus using ChatGPT … [and] ChatGPT was so much more thorough than Google without ads. The next big question in AI: Who will Apple choose to partner with for its own AI features? Google CEO Sundar Pichai speaks at the Google I/O developer conference.

Persons: Goldman Sachs, Oppenheimer, Bard, Jim Cramer, Siri, Alexa —, Sundar Pichai, ChatGPT, Jim, Goldman, Jim Cramer's, Andrej Sokolow Organizations: Citi, Google, Wednesday, ChatGPT, Microsoft, Gmail, Gemini, Apple, Developers, CNBC, Getty

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