Big Tech

Tech Giants Invest $235 Million in AI Startup Hugging Face
Tech Giants Invest $235 Million in AI Startup Hugging Face
August 24, 2023  |  Investments

Artificial intelligence (AI) startup Hugging Face has raised $235 million in a Series D funding round at a $4.5 billion valuation. The new investors that participated in...

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Big Tech Faces ‘Glass-Steagall Moment’ in Europe
Big Tech Faces ‘Glass-Steagall Moment’ in Europe
August 20, 2023  |  Regulation

Big tech companies like Google and Apple will soon face sweeping new regulations in Europe. As The Wall Street Journal noted in a report Sunday...

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Elon Musk: X Will Eliminate Block Feature
Elon Musk: X Will Eliminate Block Feature
August 18, 2023  |  Social Commerce

X owner Elon Musk said Friday (Aug. 18) that users of the social media platform formerly known as Twitter will no longer be able to...

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Report: Microsoft’s AI-Powered Chatbot Failing to Gain Search Market Share
Report: Microsoft’s AI-Powered Chatbot Failing to Gain Search Market Share
August 17, 2023  |  artificial intelligence

Microsoft’s addition of an artificial intelligence (AI)-powered chatbot to Bing has reportedly gained it little market share among search engines.  Bing had a 3% share...

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AI Policy Group Says Promising Self-Regulation Is Same Thing as No Regulation
AI Policy Group Says Promising Self-Regulation Is Same Thing as No Regulation
August 17, 2023  |  artificial intelligence

Artificial intelligence (AI) has emerged as the foundational technological innovation of the present era.  That is why the most effective approach to regulating its varied...

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Zuckerberg/Musk Cage Match Appears to Be on Hold
Zuckerberg/Musk Cage Match Appears to Be on Hold
August 14, 2023  |  Big Tech

Don’t expect Mark Zuckerberg and Elon Musk to hold their cage match anytime soon. The unlikely mixed-martial arts match between two of the world’s most...

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Report: Amazon and Google Could Invest in Chipmaker Arm’s IPO
Report: Amazon and Google Could Invest in Chipmaker Arm’s IPO
August 09, 2023  |  IPO

Amazon is reportedly in discussions to invest in chipmaker Arm’s initial public offering (IPO). Arm owner SoftBank is also talking to Google and companies from other industries heavily dependent on semiconductors...

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Microsoft’s Teams Target of EU Antitrust Investigation
Microsoft’s Teams Target of EU Antitrust Investigation
July 27, 2023  |  ANTITRUST

Is Microsoft forcing customers to purchase its video conferencing app Teams? That’s what a European Commission (EC) antitrust investigation hopes to determine. The commission announced Thursday (July 27) it had begun...

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Big Tech’s ‘Frontier Model Forum’ Tackles ‘Responsible AI’
Big Tech’s ‘Frontier Model Forum’ Tackles ‘Responsible AI’
July 26, 2023  |  Artificial Intelligence

Four Big Tech companies have formed a group focused on responsible artificial intelligence (AI) development. The Frontier Model Forum, comprised of Google, Microsoft, OpenAI and Anthropic, “will draw on the technical...

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