Advertisement
New Zealand markets closed
  • NZX 50

    11,717.43
    -117.59 (-0.99%)
     
  • NZD/USD

    0.6065
    -0.0019 (-0.31%)
     
  • NZD/EUR

    0.5671
    -0.0007 (-0.12%)
     
  • ALL ORDS

    8,031.30
    +28.50 (+0.36%)
     
  • ASX 200

    7,789.70
    +30.10 (+0.39%)
     
  • OIL

    82.00
    +0.26 (+0.32%)
     
  • GOLD

    2,332.00
    -4.60 (-0.20%)
     
  • NASDAQ

    19,789.03
    +37.98 (+0.19%)
     
  • FTSE

    8,179.68
    -45.65 (-0.55%)
     
  • Dow Jones

    39,164.06
    +36.26 (+0.09%)
     
  • DAX

    18,210.55
    +55.31 (+0.30%)
     
  • Hang Seng

    17,716.47
    0.00 (0.00%)
     
  • NIKKEI 225

    39,671.90
    +330.36 (+0.84%)
     
  • NZD/JPY

    97.7740
    +0.0410 (+0.04%)
     

AI Weekly: watchdogs vs chatbots

STORY: From watchdogs getting ready to bite in the U.S., to another big milestone for Nvidia, this is AI Weekly.

Top names in tech could be set for an antitrust probe over AI.

A Reuters source says Nvidia, OpenAI and its big backer, Microsoft, will face investigation.

Regulators have been concerned by the dominance of big players, including their access to the vast troves of data needed to train chatbots and the like.

Such worries didn’t stop Nvidia stock from soaring again, taking it past $3 trillion in market value.

The AI chip champion also overtook Apple as the world’s second-most valuable company.

ADVERTISEMENT

Now some analysts think it’s only a matter of time before Nvidia passes Microsoft to take the top spot.

Facebook parent Meta faces complaints in the EU over its plan to use personal data to train AI models without asking for consent from users.

Advocacy group NOYB - or None of Your Business - is urging national watchdogs to take action.

It says Europe’s top court has already ruled such behavior illegal.

AI was on the agenda when Joe Biden met French President Emmanuel Macron in Paris:

“Our desire is truly that we can move towards a re-synchronization of the economies of the United States of America and Europe in terms of regulation, in terms of level of investment, and in major areas such as clean tech, artificial intelligence, but also agricultural and food matters."

Macron has courted investment from big U.S. firms like Amazon in a bid to help nurture home-grown AI startups.

And Intel thinks it can win on price.

The chip giant launched new AI processors, claiming they massively undercut rivals.

Intel also said its new laptop chips would include enhanced artificial intelligence capabilities.