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AI content can outperform human content
News: Google is global leader in gen AI
Welcome back!
We’re kicking off another week in AI with some big headlines from the Tech Giants. Let’s dive right in.
In today’s Daily Update:
🗞️ Microsoft recognizes Google as the global leader in generative AI
🤖 Amazon says AI content can outperform human content
📸 Apple buys Canadian AI startup
🚨 AI Roundup: Four quick hits
Read time: 2 minutes
TOP STORY
🗞️ Microsoft recognizes Google as the global leader in generative AI
DALL-E 3
Last week Microsoft told EU antitrust regulators that Google is the industry leader in generative AI.
The details:
Microsoft attributes Google’s competitive edge to its massive data stockpile and AI-optimized chips.
Google is independent in every aspect of AI, from chips to a prosperous app store.
Microsoft says every other AI company is reliant on partnerships to innovate and compete.
YouTube also provides Google with an unparalleled set of video content, estimated to be around 14 billion videos.
Why it matters: This is a glimpse into the specialized knowledge surrounding the AI development race. Microsoft added that AI-powered voice assistants, like Google Assistant and Siri, provide Google and Apple with a further competitive edge. If you think generative AI is more than just hype, it might be a good idea to add these companies’ shares to your investment portfolio.
AI INSIGHT
🤖 Amazon says AI content can outperform human content
Source: Amazon
Amazon is currently testing a new AI feature that generates product pages for sellers. The company says AI-generated product pages outperform human-written ones and make products more discoverable.
The rundown:
The new tool extracts information from sellers’ external websites to create complete product pages on Amazon.
Amazon says the AI-generated product pages improve clarity, accuracy and detail.
More than 100,000 sellers have already tried one of Amazon’s generative AI tools.
The company says 80% of AI-generated product descriptions are adopted without changes.
Why it matters: Generative AI is transforming the online shopping experience for both buyers and sellers. Ecommerce platforms are increasingly adopting automation for retail content creation, and exploring ways to personalize their platforms for each customer.
BUSINESS SPOTLIGHT
📸 Apple buys Canadian AI startup
DALL-E 3
Apple just bought DarwinAI, adding dozens of the Canadian startup’s employees to its AI division.
Key points:
DarwinAI specializes in making AI models smaller and faster.
Apple hopes to tap into Darwin’s talent to develop on-device AI features for the next generation of iPhones.
A number of DarwinAI employees have joined Apple’s AI division since January.
Alexander Wong, one of DarwinAI’s founders, is now heading Apple’s AI division.
Why it matters: Apple’s acquisition of DarwinAI is a strategic move to enhance generative AI capabilities for future iPhones. This move indicates that Apple is still on track to compete with Google and Samsung by launching on-device with iOS 18 later this year.
MORE TRENDING NEWS
🚨 AI Roundup: Four quick hits
DALL-E 3 (yes, AI still struggles with fingers sometimes)
Apple is reportedly in talks with Google about powering iPhone AI features with Gemini.
Elon Musk’s xAI officially open-sources Grok chatbot.
Adobe Firefly is flagged for producing historically inaccurate AI images.
Maisa develops “Knowledge Processing Unit” (KPU) that boosts language models’ reasoning capabilities.
THAT’S ALL FOR TODAY