Tech
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Google Broke Antitrust Laws to Hold Online Search Monopoly, Court Rules
The federal court ruling marks the first antitrust decision against a major tech company in over 20 years
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Elon Musk Revives Lawsuit Against Open AI, Accuses Sam Altman of ‘Shakespearean’ Deceit in For-Profit Pivot
The X owner’s lawsuit was originally filed in March, but withdrawn without explanation in June
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Meta Offers Millions to Awkwafina, Judi Dench, Keegan-Michael Key to Use Their Voices for AI
The negotiations show the potential threat to workers and opportunities sought by companies from machine learning tools
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This Professor Has a Path Toward Human-Level AI. It Isn’t LLMs. | Commentary
Language models powering bots like ChatGPT cannot conceive the physical world. Will the next leap come from teaching AI sensory common sense?
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AI
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Apple Reports Record Q3 Revenue of $85.8 Billion, With AI Expansion on the Horizon
The tech giant’s Services net sales, which includes Apple TV+ and Apple Music, rose 14% year-over-year to $24.2 billion
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Business
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Meta’s Push Into AI Development Shows Promise With 73% Surge in Net Income
The tech giant beat Q2 estimates, reporting revenue of $39.1 billion, up 22% from 2023
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AI
Available to WrapPRO members
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‘Halo’ Video Game Studio Bungie Lays Off 17% of Staff, Restructures Development Strategy
CEO Pete Parsons says the cuts, which will impact 220 employees, come in part due to “enduring economic conditions”
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Surprisingly, Google Is Thriving In The GenAI Era | Commentary
Instead of surrendering to ChatGPT, Google is thriving as dark prophesies around its future haven’t come to fruition — at least not yet.
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Tech
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OpenAI Testing Google Competitor SearchGPT
The artificial intelligence research organization behind ChatGPT promises “fast and timely answers with clear and relevant sources”
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SAG-AFTRA Video Game Performers Go on Strike After Contract Talks Stall on AI
Voice and motion-capture performers authorized a strike in September 2023
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The End Of Investors’ GenAI Honeymoon | Commentary
From Goldman to Sequoia, investors are questioning whether the massive investment in AI will ever pay off.
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WrapPRO
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YouTube Ad Revenue Rises 13% to $8.66 Billion in Q2
Google subscriptions, platforms and devices revenue, which includes YouTube TV, Music, Premium and NFL Sunday Ticket, grew 14%
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News
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The AI Revolution Is Meeting Reality | Commentary
A week with Amazon’s AI team revealed enduring optimism, but also a recognition that building effective generative applications takes work.
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WrapPRO
Available to WrapPRO members
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Disney Investigating Hack by Anti-AI Group Who Says It Took ‘Anything We Could Get Our Hands On’
Hacktivist group NullBulge says it downloaded five years’ worth of corporate and employee information from Slack
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AI Employees Should Have a ‘Right To Warn’ About Looming Trouble | Commentary
Reasonable rules allowing employees at AI research houses to warn about impending problems are sensible given the technology’s increasing power.
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WrapPRO
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