big tech - Tech News from Simmons Systems (Page 3)

Tech News from Simmons Systems

big tech

A collection of 149 posts

Meta AI Falsely Labels Trump Assassination Attempt as Fictional Event

Meta's artificial intelligence assistant incorrectly tells users that the recent assassination attempt on former President Donald Trump is a fictional event. The tech giant acknowledges the tool is providing incomplete and inaccurate information while working on a fix.

Microsoft and Apple Abandon OpenAI Board Roles Amid Regulatory Pressure

Microsoft and Apple drop plans to hold board observer seats at OpenAI as global regulators increase their scrutiny of Big Tech's influence over artificial intelligence startups.

Apple and Microsoft Abandon OpenAI Board Seats Amid Regulatory Pressure

Apple and Microsoft are giving up their non-voting observer seats on OpenAI's board as antitrust regulators scrutinize Big Tech's investments in AI startups.

Microsoft Hires Inflection AI Cofounders in Unusual Non-Acquisition Deal

Microsoft hires Mustafa Suleyman and Karén Simonyan from Inflection AI to lead its consumer AI division without acquiring the startup. The unusual arrangement raises immediate questions about antitrust scrutiny and the future of Inflection's consumer chatbot.

Alphabet Faces Backlash After Flawed Gemini Image Guardrails

Alphabet temporarily disables Gemini's image-generation feature after a heavy-handed attempt to prevent racial bias generates massive public backlash and a stock drop.

Major Tech Firms Sign Accord to Combat AI Deepfakes in Elections

Twenty major technology companies sign a voluntary pact to limit the spread of deceptive AI-generated content during global elections. The agreement focuses on detecting and labeling harmful deepfakes rather than banning them outright.

FTC Launches Broad Inquiry Into Big Tech AI Partnerships

The Federal Trade Commission uses its special authority to scrutinize billions of dollars in AI investments by Alphabet, Amazon, and Microsoft. This probe seeks to determine if these massive partnerships stifle fair competition in the rapidly growing artificial intelligence market.

artificial intelligence

Tech AI Hiring Boom Sparks Ongoing Layoffs in Non-Strategic Sectors

Major technology companies are aggressively hiring for artificial intelligence roles while simultaneously cutting thousands of jobs in other departments. Industry experts predict this trend will continue throughout 2024 as an expensive AI arms race reshapes the industry.

Major Tech Firms Cut Over 21,000 Jobs in Early 2024

Microsoft joins Google, Meta, and other major technology companies in a fresh wave of layoffs, eliminating over 21,000 positions so far this year. The job cuts reflect an ongoing industry shift toward artificial intelligence and increased operational efficiency.

artificial intelligence

AI Industry Faces Pressure to Find Profitable Killer App in 2024

Artificial intelligence companies face immense pressure this year to prove that generative AI can generate real profits and deliver a killer application. Meanwhile, global AI regulation shifts from vision to concrete action.

Four Takeaways Revealing the Future Direction of Global AI Regulation

As artificial intelligence evolves rapidly, policymakers in the US and Europe are ramping up regulatory efforts. Key lessons from 2023 indicate that self-regulation, risk-based frameworks, and geopolitical competition will heavily shape the coming year's AI laws.

artificial intelligence

Generative AI Breaks Out Amid Boardroom Drama and Policy Pushes

In 2023, generative AI floods the market with new models, but companies struggle to find a killer app beyond the initial hype. Meanwhile, policy debates and leadership shakeups shape the industry's responsible future.

White House Secures Voluntary AI Safety Pledges From Seven Tech Giants

Seven leading AI companies agree to voluntary White House commitments focused on safety, security, and transparency for future generative models. These pledges potentially set the stage for upcoming formal regulations and executive orders.

OpenAI CEO Urges US Senate to Regulate Artificial Intelligence

OpenAI CEO Sam Altman tells a Senate subcommittee that the government must impose new rules on artificial intelligence to prevent significant harm to society. The hearing highlights growing concerns over deep fakes, job disruption, and the rapid pace of AI development.

OpenAI CEO Tours Europe to Shape AI Rules While Threatening Exit

Sam Altman travels across European capitals to meet with lawmakers and advocate for favorable AI regulations. The OpenAI CEO simultaneously warns that the company might leave the region if rules become too strict.