OpenAI on Tuesday announced a partnership with Condé Nast, in which the Microsoft-backed artificial intelligence company’s products, such as ChatGPT and SearchGPT, will be able to display content from Vogue, The New Yorker, Condé Nast Traveler, GQ, Architectural Digest, Vanity Fair, Wired, Bon Appétit and other outlets. “With the introduction of our SearchGPT prototype, we’re testing new search features […]
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US tech giants fight Indian telcos’ bid to regulate internet services, pay for network usage
Global technology giants are pushing back against attempts by India’s telecom networks to bring internet services under stricter regulation, rejecting arguments that such measures are necessary to create a “level playing field” and address national security concerns. The Asia Internet Coalition (AIC), a powerful industry body that represents Amazon, Apple, Google, Meta, Microsoft, Netflix and […]
READ MOREMeta, Universal Music Group address AI music in new licensing agreement
Meta and Universal Music Group (UMG) announced on Monday the expansion of their multi-year music licensing agreement, which enables users to share songs from UMG’s music library across Meta’s platforms (Facebook, Instagram, Horizon, Threads and WhatsApp) without violating copyright. What’s most notable about the new agreement is that it states that the two companies are addressing “unauthorized […]
READ MOREGoogle loses antitrust case over search
A federal U.S. judge ruled Monday that Google has illegally held a monopoly in two market areas: search and text advertising. The landmark case from the government, filed in 2020, alleged that Google has kept its share of the general search market by creating strong barriers to entry and a feedback loop that sustained its dominance. The court found […]
READ MOREThe personal cybersecurity concierge is a new perk, and need, among the wealthy
Cybercriminals are increasingly targeting wealthy individuals, making cybersecurity concierges a new must-have for the rich and their families, including executives. While companies are spending heavily on cybersecurity, personal and home devices are generally less protected, making them easier to crack. And despite their sizeable assets and growing threat of cyberattacks, family offices and wealthy families […]
READ MOREMeta debuts newest Llama AI model with help from Nvidia and cloud partners
Meta on Tuesday announced the latest version of its Llama artificial intelligence model, dubbed Llama 3.1. The newest Llama technology comes in three different versions, with one variant being the biggest and most capable AI model from Meta to date. Like previous versions of Llama, the newest model continues to be open source, which means it can be […]
READ MOREGoogle in advanced talks to acquire cyber startup Wiz for $23 billion, its largest-ever deal
Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, according to a person familiar with the matter who said a deal is expected to close “soon.” Wiz was founded in 2020, and has grown at a rapid clip under CEO Assaf Rappaport. It had been eyeing an IPO as recently as May, when the […]
READ MOREInside Europe’s tech hubs: Does London have what it takes to remain No.1?
The U.K. is the No. 1 country in Europe for tech by many accounts. In 2023, British startups raised $21.3 billion, their third-highest total on record, according to a report from Dealroom and HSBC Innovation Banking. It’s the No. 1 location in Europe for funding — with France coming in second, raising $9.2 billion last […]
READ MOREFintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say
AMSTERDAM — The financial technology industry is embracing a new normal — with some industry executives and investors believing the sector has reached a “bottom.” Executives and investors at the Money20/20 event in Amsterdam last week told CNBC that valuations have corrected from unsustainable highs from the industry’s heyday in 2020 and 2021. Long gone […]
READ MOREUK tech bosses urge focus on AI skills and growth in high-stakes election – no matter who wins
LONDON — British technology executives and entrepreneurs want the next government to focus on promoting skills around the development and use of artificial intelligence and growth-oriented fiscal measures. Brits are set to head to the polls on July 4. The business community has been calling on the two main political parties to push for economic […]
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