Tag Archives: Edge

Microsoft singles out Google’s competitive edge in generative AI

Microsoft singles out Google’s competitive edge in generative AI

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google enjoys a competitive edge in generative artificial intelligence due to its trove of data and AI-optimised chips, Microsoft has told EU antitrust regulators, underscoring the rivalry between the two tech giants. The comments by Microsoft were in response to a consultationlaunched by the European Commission in January on the level of competition in generative AI. The growing popularity of generative AI, which can generate human-like… Source link

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Stocks edge higher after S&P 500’s landmark close

Stocks edge higher after S&P 500’s landmark close

US stocks edged higher on Monday after the S&P 500 index notched a historic close, as investors prepared for the first key inflation update of the year and the next wave of earnings reports. The S&P 500 (^GSPC) rose 0.3% after a record-setting week that saw the benchmark end above 5,000 for the first time. The Dow Jones Industrial Average (^DJI) gained around 0.5%, while the tech-heavy Nasdaq (^IXIC) rose about 0.3%. Shares of chipmaker Nvidia (NVDA) rose 2% to hit another record on Monday…. Source link

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Stocks edge higher as S&P 500 bids to close above 5,000

Stocks edge higher as S&P 500 bids to close above 5,000

The Wall Street Journal reports OpenAI CEO Sam Altman is hot on the fundraising trail, courting governments in the Middle East, among others, for a venture focused on making the chips needed to fulfill his vision of the AI revolution. And to call this vision “capital intensive” is an undersell. The Journal reports Altman sees the project needing to raise up to $7 trillion. Data from S&P Global Market Intelligence and Pitchbook (via The Financial Times) suggest that at the end of last year there… Source link

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(MSFT) Microsoft’s Bing, Edge to Avoid EU’s Digital Dominance Crackdown

(MSFT) Microsoft’s Bing, Edge to Avoid EU’s Digital Dominance Crackdown

Microsoft Corp.’s Bing search engine, Edge web browser and Advertising services are set to be exempt from strict new European Union antitrust rules reining in Big Tech platforms because watchdogs tentatively concluded they’re not dominant enough to be hit by the regulation. European Commission officials are leaning toward the reprieve for the US software giant as part of a five-month market investigation ending in February, according to people familiar with the matter who spoke on… Source link

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