Research Briefing: BuzzFeed pivots business to AI media and tech as publishers increase use of AI
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UK competition watchdog steps up scrutiny of big tech’s role in AI startups
Microsoft and Amazon asked to comment on tie-ups, a move that paves way for formal investigationThe UK competition watchdog has stepped up its scrutiny of big tech involvement in artificial intelligence startups, asking for comment on three deals by Microsoft and Amazon.The Competition and Markets Authority (CMA) announced that it was examining Microsoft’s investment in the French firm Mistral and the hiring of the DeepMind co-founder Mustafa Suleyman as head of the US company’s new AI division....
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Google Ad Revenue Up 13% & Bing Ads Revenue Up 12%
Google and Microsoft both reported very good earnings, driving both stock prices up after hours. I like to dive into the ad revenue side, and it looks like Google Ad revenue was up 13% from last year and Microsoft Advertising revenue was up 12% from last year.And that is good because both companies saw ad revenues increase the previous quarter and the quarter before that.Google reported total ad sales of $61.66 billion — up from $54.55 billion a year ago.GOOG EarningsThe Google earnings release...
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Meta AI now has a dedicated website for chats: meta.ai, expands to 12 other countries
Meta Platforms (formerly Facebook) announced today the expansion of its AI assistant, Meta AI, to over a dozen new countries outside the US. This update makes Meta AI available in English in countries like Australia, Canada, South Africa, and Singapore. Here is the full list of the countries where Meta AI is being released: Meta AI has been improved with […]