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    How Microsoft's Satya Nadella became tech's steely-eyed AI gambler

    Nadella, Microsoft's CEO, had his eyes on a Silicon Valley startup called Inflection AI. The company's CEO, Mustafa Suleyman, was one of the founders of the pioneering artificial intelligence company DeepMind.

    Microsoft, Apple drop OpenAI board plans as scrutiny grows

    Microsoft and Apple have decided against taking board roles at OpenAI, citing regulatory scrutiny. Microsoft's $13 billion investment and integration of OpenAI's tech in products like Windows face antitrust probes. Despite withdrawing, concerns about stifling competition persist. US and European regulators are scrutinizing Big Tech's dominance in AI. Analysts foresee AWS and Google becoming preferred partners amid growing demand and regulatory pressure. This move underscores challenges as tech giants balance innovation and regulatory compliance in the AI landscape.

    Tata 1mg’s FY24 report; Cognizant-Wipro CFO lawsuit settled

    Epharmacy Tata 1mg reported a 21% rise in revenue to Rs 1,968 crore for FY24. This and more on today’s ETtech Top 5.

    Microsoft ditches OpenAI board observer seat amid regulatory scrutiny

    iPhone maker Apple had also been expected to take an observer role on OpenAI's board but would not do so, the Financial Times reported, citing a person with direct knowledge of the matter. Apple did not respond to a request for comment.

    AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairs

    European Commission assesses tech partnerships for merger control compliance, focusing on potential market concentration effects. Regulators worldwide scrutinize Big Tech's dominance in AI, raising concerns about access for smaller developers. Vestager leads investigations into exclusive clauses and talent acquisitions, aiming to prevent monopolistic practices and promote fair competition.

    Apple to ‘pay’ OpenAI for ChatGPT through distribution, not cash

    Left unanswered on Monday: which company is paying the other as part of a tight collaboration that has potentially lasting monetary benefits for both. But, according to people briefed on the matter, the partnership isn’t expected to generate meaningful revenue for either party — at least at the outset.

    • Apple brings ChatGPT and more AI to devices, Wall Street unimpressed

      In the nearly two-hour long presentation at Apple's annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with messages, emails, calendar, as well as third party apps. Siri will be able to write emails and change the tone of voice to suit the occasion.

      Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders

      The widely anticipated display of AI to be embedded in the iPhone and other Apple products will be the marquee moment at an event that traditionally previews the next version of software that powers the company's hardware lineup.

      Apple to break AI silence at developers conference

      Apple on Monday will attempt to persuade doubters on its AI strategy after rivals raced ahead in adopting artificial intelligence. ChatGPT-style AI voraciously feeds off data and Apple will be at pains to fight the AI race while living up to its traditional position on safeguarding data privacy.

      Explainer: Why the few big AI players worry US antitrust regulators

      U.S. antitrust enforcers are investigating Big Tech's impact on the AI sector, looking into potential competition issues. Key concerns include data access advantages, impact on workers, and partnerships with Big Tech firms.

      Banks say growing reliance on Big Tech for AI carries new risks

      European banking executives express concerns about banks' increasing dependence on big U.S. tech firms due to the boom in artificial intelligence, driven by the popularity of AI applications like OpenAI's ChatGPT for fraud detection and money-laundering.

      US clears way for antitrust inquiries of Nvidia, Microsoft and OpenAI

      Federal regulators are proceeding with antitrust investigations into Microsoft, OpenAI, and Nvidia in the AI industry. The Justice Department and FTC are leading the investigations, signaling increased scrutiny into AI technology.

      Apple faces pressure to deliver on AI at developer conference

      Apple is expected to make the case next week that it is not being left behind as tech world rivals blaze ahead with artificial intelligence. Since Apple makes most of its money from selling iPhones and other hardware, AI integrations will likely focus on its devices and services working more seamlessly together, said Creative Strategies analyst Carolina Milanesi.

      OpenAI, Google DeepMind's current and former employees warn about AI risks

      The letter further warns of risks from unregulated AI, ranging from the spread of misinformation to the loss of independent AI systems and the deepening of existing inequalities, which could result in "human extinction."

      Microsoft to lay off about 1,500 employees at Azure cloud unit: report

      Microsoft is cutting hundreds of jobs at its Azure cloud unit, impacting teams like Azure for Operators and Mission Engineering, as reported by Business Insider.

      Eye on AI: Tech giants form industry group, Apple-OpenAI deal and other top developments

      Google, Microsoft, Intel and other tech companies have come together to take on chipmaking giant Nvidia. Apple partners with OpenAI. The ChatGPT maker is training its new flagship model to succeed GPT-4. Google is putting limits on AI search experience. French unicorn startup Mistral releases generative AI model for coding.

      The new ChatGPT offers a lesson in AI hype

      OpenAI highlighted ChatGPT-4o's improved reasoning abilities but tests showed mixed results. The bot struggled with logic puzzles like the Where's Waldo? puzzle and made errors in reasoning.

      How AI made Mark Zuckerberg popular again in Silicon Valley

      Meta's CEO, Mark Zuckerberg, introduced an open-source AI system, challenging closed models like OpenAI. Jeffrey Emanuel, a hacker and AI enthusiast, initially skeptical, was impressed by Meta's move to make the code freely accessible.

      Meta identifies networks pushing deceptive content likely generated by AI

      Meta found 'likely AI-generated' content on Facebook and Instagram, including comments praising Israel's handling of the Gaza war. The content was attributed to a Tel Aviv-based political marketing firm, STOIC.

      OpenAI signs content deals with The Atlantic and Vox Media

      The agreements with The Atlantic and Vox Media come on the heels of several media firms signing similar deals, giving OpenAI access to their news content and archives to train its large language models.

      OpenAI says it has begun training a new flagship AI model

      The San Francisco startup, which is one of the world's leading AI companies, said in a blog post that it expected the new model to bring "the next level of capabilities" as it strove to build "artificial general intelligence," or AGI, a machine that can do anything the human brain can do.

      PWC to become OpenAI's largest enterprise customer, WSJ reports

      PWC will roll out a version of Microsoft-backed OpenAI's flagship chatbot catered towards large companies- ChatGPT Enterprise, according to the report.

      Ex-OpenAI board member provides her first detailed account of CEO Sam Altman's ouster

      Former OpenAI board member Helen Toner revealed on a podcast the backstory behind the firing and rehiring of CEO Sam Altman, citing instances of psychological abuse and a toxic atmosphere at the company due to a manipulative executive.

      Eye on AI: Scarlett Johansson sues OpenAI, Microsoft's Copilot+ PCs

      The top headlines on AI this week: Scarlett Johansson sues ChatGPT maker OpenAI for using a voice similar to hers, Microsoft's new offering, and what Elon Musk said.

      Elon Musk plans largest-ever supercomputer for xAI startup: report

      Billionaire tech mogul Elon Musk has told investors he plans to build a supercomputer dubbed "gigafactory of compute" to support the development of his artificial intelligence startup xAI, an industry news outlet reported Saturday. The planned supercomputer would be "at least four times the size of the biggest GPU clusters that exist today," such as those used by Meta to train its AI models, Musk was quoted as saying during a presentation to investors this month.

      Scarlett Johansson's OpenAI feud rekindles Hollywood fear of artificial intelligence

      Johansson's accusation that the ChatGPT-maker copied her performance in the Spike Jonze-directed feature film, after failing to strike an agreement, rekindled the creative class's anxiety about the existential threat posed by AI, even as Hollywood studios test new tools and mull alliances with OpenAI.

      Microsoft to unveil AI devices and features ahead of developer conference

      The Windows maker is expected to reveal a new version of its Surface Pro tablet and Surface Laptop that feature Qualcomm chips based on Arm Holdings' architecture.

      Microsoft's AI Copilot to add new features next month

      Irina Ghose, managing director, Microsoft India & South Asia said the company is set to release new features to its artificial intelligence (AI) assistant Copilot next month to improve user prompts which would consequently generate better responses by the chatbot.

      Microsoft's AI Copilot to add new features next month

      “We are announcing a few new features on Microsoft 365 Copilot,” said Irina Ghose, Managing Director, Microsoft India & South Asia. “One is called Auto-complete, where you might start with the prompt, but you're not very clear how to complete it. It just goes and completes it for you.”

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