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...It has also added Gemini to Workspace, its suite of online productivity apps like Gmail and Docs....
...The UK has been reluctant to push for legal interventions in the development and rollout of AI models for fear tough regulation might stymie industry growth....
...All teams working on its AI models, including its flagship Gemini chatbot, will be unified under its DeepMind division run by Demis Hassabis, according to a memo on Thursday....
...Google said Gemini scored more than 90 per cent on an “industry standard” benchmark that assesses so-called large language models, the technology underlying generative AI products....
...A second warning shot comes from Google, which recently rebranded its Google Assistant as Gemini to match the name of its latest large language model....
...Pichai said Google was also “experimenting” with applying its Gemini generative AI to its Search business....
...SoftBank-backed DCG is one of the crypto industry’s oldest and biggest investors....
...I have no doubt that AI will similarly create massive and, as yet, unimagined industries in future. It’s just hard to grasp what they are today....
...This account of how Google fell behind is based on multiple interviews with current and former executives, industry insiders and analysts....
...Meanwhile, Alphabet shares dropped 7.4 per cent on Wednesday after its advertising revenues narrowly missed expectations, even as it moves to integrate its Gemini generative AI into its advertising, search...
...Another industry veteran agreed the new deal was likely to force changes in other alliances....
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...OpenAI spent $78mn on compute power to train its GPT-4 model while Google spent $191mn on Gemini Ultra, the report estimates....
A glut of apartments available in the French capital this summer is pushing down prices
An unwinding of the Ticketmaster deal no longer looks far-fetched
...The lawsuit, filed on Thursday, is a broad clampdown on several major players in the crypto industry, and marks the continued fallout from the collapse of Sam Bankman-Fried’s FTX exchange last year....
...Google launched its first standalone AI consumer product in May with its Bard chatbot, followed by a second-generation model named Gemini in December....
...The airline industry is largely united in opposition to the rule....
...Many believe the new technology can transform almost every industry....
People in the US are being squeezed to such an extent that they are spending less altogether
...The Big Four firm will reunify its tax division when Griggs takes over in July, after PwC departed from the industry’s historic model of having tax as a standalone business unit in 2021....
...The outcome could have ramifications beyond the industry....
Smol bean bag
...Many companies across multiple industries seek to become consolidators that create platforms to extract synergies, increasingly funded by private equity....
...It’s amazing to think quite how recently private capital management was a pretty-much-nothing industry. Back in 2003, the entire sector’s AUM was less than $500bn....
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