It’s that moment you’ve been waiting for all year: Google I/O keynote day! Google kicked off its developer conference each year with a rapid-fire stream of announcements, including many unveilings of recent things it's been working on. Brian already kicked us off by sharing what we are expecting. Since you might not have had time to watch the whole two-hour presentation Tuesday, we took that on and delivered quick hits of the biggest news from the keynote as they were announced, all in an easy-t...
Continue ReadingGoogle’s going all in on AI — and it wants you to know it. During the company’s keynote at its I/O developer conference on Tuesday, Google mentioned “AI” more than 120 times. That’s a lot! But not all of Google’s AI announcements were significant per se. Some were incremental. Others were rehashed. So to help sort the wheat from the chaff, we rounded up the top new AI products and features unveiled at Google I/O 2024. Generative AI in Search Google plans to use generative AI to organize entire G...
Continue ReadingBack in February, Google paused its AI-powered chatbot Gemini's ability to generate images of people after users complained of historical inaccuracies. Told to depict "a Roman legion," for example, Gemini would show an anachronistically diverse group of soldiers, while rendering "Zulu warriors" as uniformly Black. Google CEO Sundar Pichai apologized, and Demis Hassabis, the co-founder of Google's AI research division DeepMind, said that a fix should arrive "in very short order" — but we're now w...
Continue ReadingGoogle's I/O event highlights key features and updates, positioning GOOG for growth and potential investment opportunities with 16% upside. Learn more on GOOG stock here...
Continue ReadingGoogle took back the AI crown during its I/O developer conference, but its reign could be short-lived...
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Continue ReadingA feature Google demoed at its I/O confab yesterday, using its generative AI technology to scan voice calls in real time for conversational patterns associated with financial scams, has sent a collective shiver down the spines of privacy and security experts who are warning the feature represents the thin end of the wedge. They warn that, once client-side scanning is baked into mobile infrastructure, it could usher in an era of centralized censorship. Google's demo of the call scam-detection fea...
Continue ReadingOn today's episode of Catalysts, co-hosts Seana Smith and Madison Mills explore market reactions to economic data, company announcements, and the latest developments in the AI sector. Market dynamics take center stage as the show dissects the ripple effects of Wednesday's Consumer Price Index (CPI) print and the resurgence of the meme stock frenzy. Yahoo Finance's Jared Blikre breaks down the market response to the meme trade resurgence. Rabobank Senior Cross-Asset Macro Strategist Christian Lawrence joins the discussion to shed light on the implications of the CPI print for market outlooks. Additionally, Loomis Sayles Head of Full Discretion Team Matt Eagan and Nuveen Head of Municipals Dan Close offer their insights on market outlooks after the CPI release. The show also spotlights a several trending tickers, including Netflix (NFLX), which will now stream two holiday NFL games, Alphabet (GOOG, GOOGL), which unveiled new AI features at its Google I/O conference, and SunPower Corporation (SPWR), the recipient of a downgrade from Wolfe Research. Furthermore, BCG Global Chair Rich Lesser joins the discussion to explore the growing investments in generative AI from tech companies. This post was written by Angel Smith...
Continue ReadingLinear networks have been a pain point for legacy media giants as a dismal ad environment drags on revenue, coupled with the mass exodus of pay TV consumers...
Continue ReadingTesla shares were down 1.6% at $174.80 in midday trading, while the and were up 0.8% and 0.9%, respectively. The Monday and Tuesday wins got back roughly three-quarters of the loss from the previous week, when Tesla stock fell 7%. Wednesday’s decline also comes as Reuters reported CEO Elon Musk fired the entire supercharging team after team leader Rebecca Tinucci pushed back against deep job cuts...
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