Tag: Alphabet

Investing in AI technology is mounting, with reports from Bank of America showing a potential 'baby bubble' in the making reminiscent of dot-com era in the late 90s. Bill Ackman's big bet with Alphabet and OpenAI's Chatbot have grabbed the public's attention. With an increase in US bond yields and doubling of share prices in companies such as Nvidia and Met Platforms, the Federal Reserve could burst this bubble. Be aware of the risk of a repeat of the 2000 dot.com burst.

Mark Zuckerberg of Meta was noticeably absent from a White House meeting between leading AI-driven companies. Discussions centered around regulations for the technology and the development of Artificial Intelligence. OpenAI, Alphabet, Anthropic and Microsoft discussed the safety of AI with President Joe Biden. Meta hasn't been invited to join, but have invested heavily in AI research. Get the details on Meta and Mark Zuckerberg's influence in the AI space.

Today, the Biden Administration is meeting with prominent CEOs of Artificial Intelligence (AI) development companies to discuss innovations, repercussions, and public input for the successful establishment of safe and responsible AI technology. Elon Musk's OpenAI, Microsoft, Alphabet, and Anthropic AI are just a few of the AI leaders in attendance, flowing from the Vice President Harris' leading endeavor in mitigating potential risks of AI. Plus, a public evaluation is scheduled through a third-party platform, and the NSF has granted $140 million towards new AI research institutions – all designed to ensure the AI Bill of Rights and Risk Management Framework are properly enforced.

. This month, Vice President Kamala Harris and White House officials meet with CEOs from Alphabet, Anthropic, Microsoft and OpenAI to address national security concerns around Artificial Intelligence, from cybersecurity to biosecurity and safety. $140 million will be allocated to advance AI research and independent assessments. Harris' mission is to ensure the secure and safe use of AI technology before it is released to the public.

This Google I/O could be critical for the tech giant as they showcase their AI-driven technologies and attempt to prove their worth in the enterprise market. Microsoft and Google have invested heavily in generative AI, competing for the top spot in the industry. With tech giants like Meta, Snap, and Amazon investing in the field, this is the moment for Google to take the win!