Why it matters: With a market value of more than $2.6 trillion, Apple is the most heavily weighted stock in S&P 500 index. Meaning, it influences this measure of the market more than any other.
Why it matters: There's grave and justifiable concern about AI's potential for abuse. But the flip side is that tools like Runway's are unleashing all manner of artistic creativity and giving rise to new AI-generated art forms.
While CEOs of the companies leading today's AI wave met at the White House Thursday, the leaders of the Biden administration's antitrust campaign against tech giants were also gathering for a stock-taking a few blocks away.
Why it matters: In each arena, the industry has so far lapped its would-be regulators — but at least with AI, the race is still young.
A judge sentenced Joe Sullivan, the former chief security officer at Uber, to three years' probationand 200 hours of community service on Thursday for covering up a 2016 cyberattack from authorities and obstructing a federal investigation.
Why it matters: Sullivan's case is likely the first time a security executive has faced criminal charges for mishandling a data breach, and the response to Sullivan's case has split the cybersecurity community.
Tim Cook said Thursday that AI is "huge" but cautioned that there are "a number of issues that need to be sorted" and declined to say how Apple will incorporate the latest technologies into its products.
More than 1,500 current or former workers at Riot Games and hundreds of Activision workers are receiving payments as part of previously announced settlements over workplace issues, Axios has learned.
Why it matters: The newly disclosed details offer a sense of how many people, mostly women, were directly impacted by problems at both companies.
Apple on Thursday reported quarterly sales and earnings that were ahead of analysts' expectations as the company managed to grow its services business to weather a tough economy that saw Mac sales drop significantly.
Why it matters: The consumer tech market has been struggling with the combination of weak demand and a glut of inventory.
Arthur, a New York-based startup, is introducing a set of tools it says should allow more companies to safely gain the benefits of ChatGPT-like services.
Why it matters: The risk of information leaking — whether beyond a company's walls or across organizational boundaries — has emerged as a key obstacle to business use of generative AI.
President Biden,racing to upgrade the government's artificial-intelligence expertise and role, is calling the leading architects of generative AI to Washington today to discuss guardrails for the powerful technology.
Driving the news: Biden will push Google, Microsoft and others building generative AI to be sure their products are safe before unleashing them on the public.
The White House announced a number of actions around artificial intelligence ahead of a meeting with top tech CEOs Thursday.
Why it matters: Technology usually develops faster than government action can keep up, and the rapid rise of generative AI systems has raised alarm bells for governments around the world.
