Google has introduced Google Pics, a new AI-powered creative tool that challenges established platforms like Canva and Adobe. Unlike traditional design software, Google Pics emphasizes an AI-first experience where users generate visuals through prompts rather than manual design, streamlining creativity for users of all skill levels.
Nvidia has committed $3.5 billion to invest in MediaTek, a leading Taiwanese chipmaker. This significant partnership highlights Nvidia's strategy to maintain a crucial role in AI infrastructure amid increasing competition from Big Tech companies developing their own AI chips.
Ryan Breslow, the founder of checkout startup Bolt, once valued at $11 billion, is raising up to $27 million in pay-to-play bridge funding. He is personally investing $5 million to support the company's turnaround efforts amid controversy.
McKesson, a leading distributor of medicines and medical devices to hospitals and healthcare providers across the U.S., revealed it suffered a cyberattack. The incident is expected to cause intermittent service disruptions as the company responds to the breach.
Due to rising concerns about AI-generated influencers, Instagram is introducing limits on the visibility of undisclosed AI profiles to address user frustration.
The Federal Trade Commission and 22 states have filed a lawsuit against Amazon, accusing the company of imposing undisclosed extra charges on businesses for advertising services. The lawsuit claims that Amazon ran a covert surcharge scheme that increased costs for sellers without transparent communication.
OpenAI, which had earlier opposed California's AI safety bill SB 53, is now advocating for the state to enhance the legislation to better address AI safety concerns.
Businesses are shifting their preferences as each AI lab launches new models, creating volatility that raises questions about the loyalty and long-term commitment of enterprise AI spending for investors in both firms.
Nvidia's recent research reveals that the effectiveness of AI agents relies heavily on fine-tuning and integration methods rather than just the underlying AI model. Even AI models with less-than-ideal performance can achieve strong results when properly managed and adjusted.
Following a two-year investigation by the U.S. Department of Justice into TikTok's handling of children's data, the company has agreed to pay $400 million to settle claims of violating the Children’s Online Privacy Protection Act.
