Payload Logo

Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup

By Britney Nguyen
Published

There’s no escaping AI, it seems, with a researcher predicting the technology will “be in every nook and cranny” of big banks, and vaccine maker Moderna’s chief executive saying he wants employees to use ChatGPT at least 20 times a day. However, Meta’s attempt to put its Meta AI assistant across its platforms is annoying some users on Facebook and Instagram.

Check out those and more highlights from the week in AI news.

Moderna’s CEO wants employees to use ChatGPT at least 20 times a day

One of the world’s top vaccine makers is partnering with a major AI company to advance medicine — and its chief executive is excited.

Read More

A Nvidia-backed startup just unveiled AI avatars that can express human emotions

An AI startup backed by Nvidia introduced its next generation of AI avatars that can understand context from text inputs and express human emotions, such as happiness, sadness, and excitement.

Read More

Micron will get $6.1 billion in CHIPS Act funding for plants in New York and Idaho

The U.S. isn’t slowing down its efforts to bring chipmaking stateside to compete with China, and the country’s largest maker of computer memory chips is next in line for federal funding.

Read More

Nvidia is buying an Israeli AI software startup that makes AI chips more efficient

Nvidia announced plans Wednesday to acquire Israeli AI startup Run:ai. While Nvidia didn’t disclose the terms of the transaction, an Israeli newspaper Calcalist reported that the chipmaker will buy Run:ai for $700 million in “the coming days.”

Read More

Microsoft and Amazon’s AI deals are getting antitrust scrutiny in the U.K.

Big Tech’s investments into smaller AI firms to boost their spot in the AI race aren’t without some scrutiny.

Read More

Meta’s new AI assistant wanted to answer users’ questions and now it’s getting on their nerves

Meta wants to be a player in the AI space, but its efforts to do so have some users annoyed.

Read More

AI is the next frontier for Bitcoin mining

After successfully completing its “halving,” Bitcoin is sitting strongly at $66,000, and crypto stocks are in celebration mode. 

Read More

AI is ‘a new kind of digital species,’ Microsoft AI chief says

Microsoft’s AI chief said those building AI should make sure it’s easy for the public to comprehend it — and offered his own analogy to help do so.

Read More

Sam Altman and others are investing $20 million in a startup tackling AI’s energy problem

An energy startup aimed at cleaning up artificial intelligence’s massive use of electricity is getting a multi-million dollar boost from investors, including the AI industry’s top leader.

Read More

China’s Huawei chip is ‘not nearly as good’ and ‘years behind the U.S.,’ top official says

American efforts to curb advanced chipmaking in China are working, a top U.S. official said. The chip used in sanctioned Chinese tech company Huawei’s Mate 60 Pro smartphone is not as advanced as chips being made in the U.S., Secretary of Commerce Gina Raimondo said Sunday.

Read More

‘AI is going to be in every nook and cranny’: Big banks are going all-in on AI

Banks have joined the artificial intelligence race, and they’re making rapid progress to turn the burgeoning technology into a mainstay in their business practices.

Read More

Nvidia dominates the AI chip market. Here’s how that could change

Nvidia is the Taylor Swift of tech companies. But challengers are picking at some of the chipmaker’s weaknesses and taking advantage of a changing ecosystem

Read More

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.