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☆ Ruzwana Bashir Is Quietly Connecting the Tech World
▼ + stars: | 2023-11-16 | by ( ) www.businessinsider.com time to read: +18 min

Story by Melia RussellPhotography by Lelanie FosterRuzwana Bashir is ransacking her kitchen cabinet for just the right tea. Bashir wears an Erdem floral-printed bra top, Erdem skirt, Giuseppe Zanotti shoes, Old Jewelry earrings along with her own bracelet and ring. "Part of building a business was going out and sharing what you were doing with the world," Bashir says. For years Bashir's startup had been building muscle around these capabilities; now it had an eager audience. Eating at acclaimed restaurants is fine, but Bashir prefers the more-intimate affairs at tech executives' homes because, she says, "you can stay longer."

Persons: Melia Russell, Lelanie Foster Ruzwana Bashir, Peek, She's, she's, Andy Warhol, Picasso, Bashir, I'm, Andreessen Horowitz, Jack Dorsey, Eric Schmidt, Goldman Sachs, Giuseppe Zanotti, Lelanie Foster, Bashir isn't, Elon Musk, Ronan Farrow, Roelof Botha, Mustafa Suleyman, we've, Bennett Miller, Capote, " Miller, —, doesn't, didn't, Madeleine Albright, Tom Ford, Jared Cohen, Oskar Bruening, Forbes, Mark Zuckerberg, I've, Bashir wasn't, Travis Kalanick, Adam Neumann, Ty, Emily Weiss, Bashir refashioned, Donald Trump, Bruening, Laurence Tosi's, Miller, Beyoncé, shrugs, Anna Wintour, Anna, we're, Taylor Swift, Katie Haun, Marc Benioff, Reid Hoffman, Marissa Mayer, Dick Costolo —, Cohen, Katherine Maher, Maher, Daniel Kahneman, It's, Radel, Becky Akinyode, Elaine Winter, Tiffany Bloomfield, Dela, Chad Hilliard, Enmi, Kenny Aquiles Ulloa, Cyrenae, Madison Perez, Aidan Lapp, Bashira Webb, Bryan Erickson, Jinyoung Chang, Rodriguez, Rebecca Zisser, Claire Landsbaum, Emma LeGault, Joi, Marie McKenzie, Conner Blake, Kyle Desiderio, Victoria Gracie, Nicole Forero, Virginia Alves Organizations: Google, Museum of, Business, Elon, Vogue, Roelof, Oxford University, Oxford Union, Blackstone Group, Harvard Business School, Studios, Web, Young, Organization, Dela Revoluciøn, Enmi Yang Digital Tech Locations: Manhattan, SoHo, Bahamas, United States, Balthazar, England, Israel, Petra, Istanbul, Elle, Utah, COVID, Salt Lake City, Costa Rica, Atlanta, WestCap

☆ 6 troubling questions about the Corizon bankruptcy deal
▼ + stars: | 2023-10-26 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +20 min

The bankruptcy of prison health provider Corizon has faced pressure from senators and a federal regulator in recent weeks. Other troubling questions surrounding the bankruptcy involve payments to insiders, "dishonest" testimony, and a secret data breach. The other company, Tehum, was saddled with most of Corizon's liabilities and, in February, filed for bankruptcy. AdvertisementAdvertisementNine US senators have written to Corizon successor companies Tehum Care Services and YesCare demanding answers about Corizon's efforts to "manipulate bankruptcy law." AdvertisementAdvertisementLefkowitz repeatedly said under oath during a June creditor call that he didn't know who owned Geneva Consulting — the company Corizon paid $5.5 million.

Persons: Corizon, —, Christopher Lopez, David Jones, Elizabeth Freeman, YesCare, Jones, Tehum, Judge Jones, Freeman, Ian Cross, Elizabeth Warren, Bernie Sanders, Cory Booker, Dick Durbin, Lopez, they're, Kevin Eckhardt, Hector Garcia Jr, Hector Garcia, Belen Lowery, Garcia's, Jeff Sholey, Isaac Lefkowitz, Lefkowitz, Sara Tirschwell, Jeffrey Scott King, Ayodeji, Michelle Rice, Jennifer Finger, Sholey, Edward Janger, Janger, he's, didn't, Geneva, Russell Perry, Baker, Hostetler, Tehum's, Tracey Grissom, Grissom, Julia Tutwiler, Roman, Sannikov, CISA, Tehum hadn't, What's, it's Organizations: Service, Tehum Care Services, Justice Department, Corizon, Arizona Department of Corrections, Rehabilitation, Geneva Consulting, Tehum, University of Missouri Health Care, Brooklyn Law School, Geneva, Genesis Healthcare, Department, US, Court, Southern, Southern District of, Baker, FBI, Infrastructure Security Agency, of Health, Human, CISA, HHS, HIPAA, Women Locations: Houston, Texas, YesCare, Reorg, New Mexico, Corizon, Geneva, Southern District, Southern District of Texas, Alabama, Wetumpka , Alabama, Rivers, bitcoin, Tehum

☆ Alphabet's AI lab, DeepMind, cut employee costs by nearly 40% in 2022, alongside a drop in profit
▼ + stars: | 2023-10-11 | by ( Hayden Field | ) www.cnbc.com time to read: +1 min

Alphabet 's AI lab, DeepMind, cut employee costs by 39% last year, according to a recent filing with a U.K. government agency. For the 2022 financial year, staff costs and other related expenses were 594.5 million pounds (nearly $731 million), down from 969.4 million pounds (nearly $1.2 billion) in 2021 — translating to an almost 39% reduction in employee costs, per the filing. Following DeepMind's employee cost cuts in 2022, Alphabet executives discussed plans to allocate resources to key revenue drivers, such as AI, on its first-quarter earnings call of 2023. "Beginning in the second quarter of 2023, the costs associated with teams and activities transferred from Google Research will move from Google Services to Google DeepMind within Alphabet's unallocated corporate costs," Pichai said during a spring earnings call. DeepMind's 2022 profit was about 60.9 million pounds (nearly $74.9 million), down from 102.4 million pounds (nearly $126 million) in 2021 — a decrease of more than 40%.

Persons: DeepMind, Sundar Pichai, Pichai Organizations: Google, Google Research, Google Services Locations: Edmonton, Canada

☆ Leaked email shows an Nvidia employee was one of the civilians kidnapped by Hamas in a viral video
▼ + stars: | 2023-10-11 | by ( Eugene Kim | ) www.businessinsider.com time to read: +2 min

Nvidia CEO Jensen Huang told employees that an employee in Israel had been kidnapped by Hamas. Huang told affected employees to "delegate critical work to our colleagues all around the world." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementAn Nvidia employee in Israel was kidnapped by Hamas over the weekend during the attacks by Hamas on Israel. In his email on Sunday, Huang told employees to "stay home" and "prioritize your family."

Persons: Jensen Huang, Huang, — Organizations: Nvidia, Service Locations: Israel, Silicon Valley, Gaza, Tel Aviv

☆ Cathie Wood is a fan of this AI company, and says the 'AI revolution' will 'change everything'
▼ + stars: | 2023-09-21 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Cathie Wood says a U.K.-founded company is "one of the best AI companies in the world." It now operates as Google DeepMind. This year, Alphabet said it's merging DeepMind with an internal Google Research team called Brain . It's a move designed to bring two groups focused on AI closer together as the battle for AI heats up. Google is racing to compete with Microsoft and other tech companies in AI, with Microsoft already making huge strides with its investment in OpenAI.

Persons: Cathie Wood, Ark, CNBC's, DeepMind, Wood Organizations: Google, Google Research, Microsoft, Wednesday Locations: OpenAI

☆ Germany plans to double AI funding in race with China, U.S.
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration taken, June 23, 2023. The target, announced by research minister Bettina Stark-Watzinger on Wednesday, is modest compared with the $3.3 billion that the U.S. government spent on AI research in 2022 according to a Stanford University report. It is dwarfed by private AI spending in the U.S., which reached $47.4 billion in 2022, almost double Europe's total spend, and well ahead of China's $13.4 billion, the Stanford report found. Simpler regulations would promote private research spending, she added. Even though Germany has nothing to compare with the U.S.'s tech behemoths, its number of AI startups has doubled in 2023, but that still only puts Germany in ninth place globally, Stark-Watzinger acknowledged.

Persons: Dado Ruvic, Bettina Stark, Stark, Watzinger, Thomas Escritt, Devika Organizations: REUTERS, Rights, Stanford University, Stanford, European Union, U.S, Germany, Thomson Locations: Germany, China, United States, U.S

☆ Here are 6 stocks dominating the AI trade and 3 more that stand to benefit down the road
▼ + stars: | 2023-08-23 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Analysts at Goldman Sachs released a note to clients late Monday, looking at what they called "The (AI) trade after the trade." Marvell Technology (MRVL), a former Club stock and current Bullpen stock, is also included. But, in addition to surveying the AI landscape, the Goldman note aims to answer the question: What is the trade after the trade? The common theme here is enhanced worker productivity; AI leading to revenue growth and lower labor costs, an obvious benefit to the bottom line. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: you've, Goldman Sachs, Salesforce's Einstein, Goldman, Russell, —, Consumer Staples, Jim Cramer's, Jim Cramer, Jim Organizations: Goldman, Nvidia, Marvell Technology, Club, Microsoft, Russell, Costco, Consumer, CNBC, Istock, Getty

And according to a report from Consumer Intelligence Research Partners, they're especially popular among young adults — the same group that dominates PC gaming, according to Statista. However, these days, most MacBooks run on a single chip called either the M1 or M2, also known as Apple silicon, that holds both the CPU and GPU. Steam, the most popular PC gaming app, even has its own dedicated macOS catalog now. It features thousands of fantastic games, including:You also have access to a wealth of popular games outside of Steam, like Fortnite and The Sims 4. And don't forget cloud gaming services like Xbox Game Pass that let you stream popular games on your MacBook.

Persons: MacBooks, you'll, Whoopi Goldberg's, you'd, William Antonelli, I've, you've, aren't Organizations: Consumer Intelligence Research Partners, Apple, AMD, Intel, Nvidia, Mac, Forza, Xbox Cloud Locations: itch.io

☆ The scientist behind IBM Watson has raised $60 million for his AI startup in New York
▼ + stars: | 2023-08-17 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

David Ferrucci, a prominent artificial intelligence researcher who led the team that created IBM Watson , has raised nearly $60 million for his AI startup called Elemental Cognition, according to a regulatory filing. The filing on Thursday says the company sold $59.95 million worth of equity to 17 investors and plans to raise another $5.75 million. Ferrucci led IBM Watson between 2006 and the end of 2012, during which time the computer system famously won "Jeopardy!" He then ran AI research for Bridgewater Associates, one of the world's largest hedge funds. In January of last year, the company sold its Watson Health unit for an undisclosed amount to private equity firm Francisco Partners.

Persons: David Ferrucci, Watson, Cora, Ferrucci, IBM Watson, David Shepler, Eric Brown, Mike Barborak, Jim Breyer, Sam Palmisano, Greg Jensen, Bridgewater's, Geoff Yang, OpenAI's Organizations: IBM, Bridgewater Associates, Rensselaer Polytechnic Institute, Bridgewater, Breyer Capital, Facebook, Redpoint Ventures, CNBC, Investors, Health, Francisco Partners Locations: New York, New, Helmsley, guardrails, China

☆ Inside the secret Google DeepMind mafia of founders working on new stealth AI startups
▼ + stars: | 2023-08-08 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

There is an influx of cash and interest into artificial intelligence startups right now. Insider spoke to ex-Google DeepMind staffers who have founded AI startups in stealth. He isn't the only DeepMind alum working on practical applications of artificial intelligence. Last month, Mistral, an AI startup founded by DeepMind alum, secured $113 million in seed funding from Lightspeed just four weeks after it launched. He has since been working on his second AI startup in stealth mode since June 2023, adding that working under the radar was inspired by DeepMind's "own model of working in stealth."

Persons: Mustafa Suleyman, Suleyman, Devang Agrawal, Jonathan Godwin, DeepMind, Godwin, Simon Kohl, Ang Li, isn't, Li, Simon Menashy, Adam Liska, Demis Hassabis, GlyphicAI's Agrawal, Mehdi Ghissassi, OpenAI's, Agrawal, Karl Moritz Hermann, DeepMind's Organizations: Google, Microsoft, Nvidia, Labs, MMC Ventures, DeepMind, Lightspeed Locations: DeepMind, London, California

☆ Hey Siri: Screen iPhone calls on Apple’s valuation
▼ + stars: | 2023-08-04 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

Signage is seen at the Apple Fifth Avenue store for the release of the Apple iPhone 14 range in Manhattan, New York City, U.S., September 16, 2022. REUTERS/Andrew KellyNEW YORK, Aug 3 (Reuters Breakingviews) - The iPhone 15 is probably coming soon, but the handset that anchors Apple (AAPL.O) is losing some of its allure. Apple sold nearly $40 billion of them in the quarter, a 2.5% dip from roughly the same three-month stretch in 2022. In 2017, though, existing U.S. owners waited 2.1 years to replace their iPhone, according to Consumer Intelligence Research Partners. The segment’s revenue reached a record $21 billion in the quarter, or 8% more than the same period a year ago.

Persons: Andrew Kelly NEW, Boss Tim Cook, Cook, Jeffrey Goldfarb, Sharon Lam Organizations: Apple, REUTERS, Andrew Kelly NEW YORK, Reuters, Consumer Intelligence Research Partners, Reuters Graphics Reuters, Apple Watch, Thomson Locations: Manhattan , New York City, U.S

☆ Walmart cuts price of Walmart+ for households that receive food stamps, other government aid
▼ + stars: | 2023-07-20 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

The nation's largest retailer said Thursday that it will cut the price of Walmart+ in half for those low-income households. Walmart has not disclosed total Walmart+ subscribers, but said about a quarter of its members get government assistance. Walmart launched Walmart+ in 2020 to hook shoppers and increase the likelihood of them spending more on its website and in stores. Along with the Walmart+ discounted price, Walmart said it has made it easier for families receiving food aid to shop online. It said it now accepts SNAP online in all 50 states.

Persons: Doug McMillon, Morgan Stanley Organizations: Walmart, Nutrition, SNAP, United States Department of Agriculture, Amazon Prime, Costco, Sam's, Paramount, Consumer Intelligence Research Partners, Walmart Connect Locations: U.S, Alaska

☆ This A.I. leader has nearly tripled this year. Wall Street can't stop raving about it and neither can we
▼ + stars: | 2023-06-20 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

The stock has basically tripled year to date in the artificial intelligence-driven enthusiasm that has recently been gripping Wall Street. The analysts also increased their price target to $500 per share from $472 following discussions with CFO Colette Kress at a recent conference. Bernstein appears to echo this near-term bullish view on Nvidia, reiterating its outperform (buy) rating and $475-per-share price target. Evercore derived its price target by assuming 25x that $30 figure and discounting back to calendar year 2024, using a 10% discount rate . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jefferies, Colette Kress, Bernstein, —, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nvidia, supercomputing, Enterprise, Moore's, CNBC, NVIDIA Locations: Santa Clara , California

☆ SpaceX’s 14-year-old recruit says his mom will drive him to work until he’s old enough to get a license
▼ + stars: | 2023-06-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Kairan Quazi, who's only 14, has landed a job at SpaceX as a software engineer for Starlink. He'll still need his mom to drive him to work until he's old enough to get a license himself. Quazi told Insider he wants other companies to be aware of "biases" in their hiring policies. Kairan Quazi may have landed a job at SpaceX as a software engineer – but he's still going to need his mom to drive him to work. Quazi told Insider: "My mom's going to have to drop me off until I can start driving."

Persons: Kairan, Quazi, he's, Lisa Robinson, I've Organizations: SpaceX, Elon Musk's, Santa Clara University, Intel Labs, LinkedIn Locations: Pleasanton , California, Redmond , Washington, American

☆ France's Mistral AI raises 105 mln euros shortly after being set up
▼ + stars: | 2023-06-13 | by ( Sudip Kar-Gupta | ) www.reuters.com time to read: +2 min

The fund-raising highlights the rapid growth of the artificial intelligence (AI) sector as well as Europe's desire to create rivals to Silicon Valley companies such as Microsoft-backed (MSFT.O) OpenAI and Google's (GOOGL.O) DeepMind. Paris-based Mistral AI was set up by former Meta (META.O) and Google artificial intelligence researchers Timothee Lacroix, Guillaume Lample and Arthur Mensch. Mistral AI's fund-raising was led by international venture capital fund Lightspeed Venture Partners. Former Google CEO Eric Schmidt is also a shareholder in Mistral AI. "Bravo to the start-up Mistral AI which has raised 105 million euros just a month after its creation: a record!"

Persons: Schmidt, Xavier Niel, Rodolphe Saade, Timothee Lacroix, Guillaume Lample, Arthur Mensch, Mensch, Mistral, Eric Schmidt, Jean, Noel Barrot, Bravo, Sudip Kar, David Evans, Leslie Adler Organizations: Lightspeed Venture Partners, Microsoft, Meta, JCDecaux, Italy's Exor Ventures, Mistral, Paris, Twitter, Thomson Locations: PARIS, Silicon, DeepMind, Paris, France, Europe, New York , California, London

☆ Investors are showing a 'high interest' in backing A.I. startups in South Korea, VC firm says
▼ + stars: | 2023-06-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors are showing a 'high interest' in backing A.I. startups in South Korea, VC firm saysJP Lee of SoftBank Ventures Asia says companies like Samsung and LG have been investing in artificial intelligence research and development.

Persons: JP Lee Organizations: SoftBank Ventures, Samsung, LG Locations: South Korea, SoftBank Ventures Asia

☆ A.I. or Nuclear Weapons: Can You Tell These Quotes Apart?
▼ + stars: | 2023-06-10 | by ( Ian Prasad Philbrick | Tom Wright-Piersanti | ) www.nytimes.com time to read: +2 min

executives have likened their product to nuclear energy. creators’ calls for national and international regulation — much as scientists called for guardrails governing nuclear arms in the 1950s. The creators of this technology are telling us we need to pay attention.”Not every expert thinks the comparison fits. and nuclear energy, has upsides and risks. or nuclear technology.

Persons: “, ’, ”, Rachel Bronson, Julian Togelius Organizations: Atomic Scientists

☆ Tech leaders are calling for an A.I. pause because they have no product ready, Palantir CEO says
▼ + stars: | 2023-06-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Palantir's boss Alex Karp opposes the idea of a pause in artificial intelligence research, in contrast to an open letter from the Future of Life Institute signed by some of the biggest names in the tech industry. The letter, which has garnered over 31,000 signatures including names like Tesla CEO Elon Musk and Apple co-founder Steve Wozniak, called for a pause on AI research on models larger than GPT-4, which powers tools such as ChatGPT. The letter also said that if "such a pause cannot be enacted quickly, governments should step in and institute a moratorium." Speaking to BBC Radio in an interview broadcast Thursday, Karp said he is of the view that "many of the people asking for a pause, are asking for a pause because they have no product." To him, "studying this and allowing other people to win both on commercial areas and on the battlefield" is a really bad strategy.

Persons: Alex Karp, Elon Musk, Steve Wozniak, Karp Organizations: Life, Apple, BBC Radio

☆ White House announces $140 million A.I. hub investment ahead of meeting with Google, OpenAI
▼ + stars: | 2023-05-04 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

The White House announced it would invest $140 million to create seven artificial intelligence research hubs and released new guidance on AI. The developments come ahead of Vice President Kamala Harris's meeting with executives from Google's parent company Alphabet , Anthropic, Microsoft and OpenAI Thursday. As AI becomes more ubiquitous, the White House Thursday promised it would release guidelines for use by government agencies. The White House has made addressing AI a priority. Last year the administration released a "Blueprint for an AI Bill of Rights" and later outlined the creation of a National AI Research Resource.

☆ Inside OpenAI's Sam Altman's fixation on death and the apocalypse
▼ + stars: | 2023-05-03 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +3 min

Sam Altman, the CEO of OpenAI, spends a lot of time thinking about risk, especially as it relates to AI. One investor friend told Insider that Altman became even more fixated on delaying death when his father died in 2018. One investor friend told Insider that Altman "says we vastly underestimate risk in society." The investor friend told Insider that urgency grew when Altman's father, a real-estate developer, died in 2018. "I don't think anyone can lose your dad young and wish he didn't have more time with him," Altman told Insider.

☆ How Russia has fortified parts of Ukraine ahead of a possible counteroffensive
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +11 min

A map shows all the locations in Russia, along its border with Ukraine, and in Russian-held Ukraine, where the American Enterprise Institute found any kind of fortification built by Russia. Four maps show when the fortifications built by Russian along its border with Ukraine and in Russia-held Ukraine were first spotted on satellite imagery. In December 2022 and January 2023, fortifications appeared inside Russian regions and more parts of occupied Ukraine. Russian forces have dug many such trenches along what they see as key roads and junctions, and outside strategic cities, Africk said. A zoomed-in map shows fortifications around several towns such as Tokmak, Bilmak and Mykhailivka, along plain terrain and along major roads in Russian-held Ukraine.

☆ Russia digs in as Ukraine prepares to attack
▼ + stars: | 2023-04-27 | by ( Tom Balmforth | ) www.reuters.com time to read: +9 min

And in the case of Polohy, Russia has constructed two distinct defensive lines, one to the north and one to the south. Musiyenko estimated that Ukraine would have a force of between 100,000-110,000 for an attack, including eight assault brigades with a total of 40,000 troops. Russia has not said how many troops it has in Ukraine, or within its borders ready to deploy. A leaked U.S. intelligence document dated Feb. 28 seen by Reuters said the West had committed 200 tanks to Ukraine. Army chief Valeriy Zaluzhnyi said in December he needed 300 to defeat Russia, along with other vehicles and artillery.

☆ Walmart is giving away $98 memberships to moms — and it shows how desperate it is to boost its Amazon Prime rival
▼ + stars: | 2023-04-26 | by ( Ben Tobin | ) www.businessinsider.com time to read: +3 min

Walmart is giving away $98 Walmart+ memberships to mothers who give birth to children in May. Walmart+ vs Amazon PrimeThis is just the latest move Walmart has done to bolster Walmart+, the company's membership service that launched in 2020 in response to Amazon Prime. During the holiday season in 2022, Walmart+ members had early Black Friday shopping deals. Recently, Walmart+ members even had the chance to try a new Oreo flavor before it hit shelves nationwide. Walmart does not publicly disclose how many members Walmart+ has.

☆ Alphabet to combine AI research units Google Brain, DeepMind
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

April 20 (Reuters) - Alphabet Inc (GOOGL.O) is combining Google Brain and DeepMind, as it doubles down on artificial intelligence research in its race to compete with rival systems like OpenAI's ChatGPT chatbot. The new division will be led by DeepMind CEO Demis Hassabis and its setting up will ensure "bold and responsible development of general AI", Alphabet CEO Sundar Pichai said in a blog post on Thursday. Going forward, the Alphabet staff will work on "multimodal" AI, like OpenAI's latest model GPT-4, which can respond not only to text prompts but to image inputs as well to generate new content. Google has for decades dominated the search market, with a share of over 80%, but Wall Street fears that the Alphabet unit could fall behind Microsoft Corp (MSFT.O) in the fast-moving AI race. Technology from OpenAI, funded by Microsoft, powers the rival software maker's updated Bing search engine.

☆ Google to combine AI research units Google Research, DeepMind
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: 1 min

April 20 (Reuters) - Alphabet Inc (GOOGL.O) said on Thursday it will combine two of its divisions working on artificial intelligence research, Google Research and DeepMind, into a new unit, Google DeepMind. Reporting by Yuvraj Malik in BengaluruOur Standards: The Thomson Reuters Trust Principles.

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