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GOOGL

Google is building its Gemini Nano AI model into Chrome on the desktop

At the Google I/O 2024 developer conference on Tuesday, Google announced that it is building Gemini Nano, the smallest of its AI models, directly into the Chrome desktop client, starting with Chrome 126. This, the company says, will enable developers to use the on-device model to power their own AI features. Google itself plans to use this new capability to power features like the existing "help me write" tool from Workspace Lab in Gmail, for example. The company says it's the recent work on Web...

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TSLA

UPDATE 2-Elon Musk ordered to testify again in US SEC probe of Twitter takeover

A federal court ordered on Tuesday that Elon Musk must testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter. The SEC sued Musk in October to compel the CEO of electric carmaker Tesla and rocket company SpaceX to testify after he refused to attend a September interview for the investigation. The billionaire said the SEC was trying to "harass" him with a number of subpoenas...

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GOOGL

Patreon and Grammarly are already experimenting with Gemini Nano, says Google

Mobile app developers, including Patreon and Grammarly, are already integrating with Gemini Nano, its smallest AI model, the company announced during the Google I/O 2024 developer keynote on Tuesday. The companies, along with other select developers, were invited to work with Gemini Nano through an early access program announced last year, the company said. In the coming months, Google says it will open up the Gemini Nano model to more developers. In an example of how apps are working with Gemin...

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GOOGL

Google Veo, a serious swing at AI-generated video, debuts at Google I/O 2024

Google’s gunning for OpenAI’s Sora with Veo, an AI model that can create 1080p video clips around a minute long given a text prompt. Unveiled on Tuesday at Google’s I/O 2024 developer conference, Veo can capture different visual and cinematic styles, including shots of landscapes and time lapses, and make edits and adjustments to already generated footage. “We’re exploring features like storyboarding and generating longer scenes to see what Veo can do,” Demis Hassabis, head of Google’s AI R&D la...

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GOOGL

US STOCKS-Nasdaq hits record close after Powell reassures investors, CPI in focus

The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome Powell reassured investors while they digested Tuesday's data and waited for Wednesday's crucial consumer inflation report. U.S. producer prices increased more than expected in April as the cost of services and goods rose sharply, leading traders to pare back bets of a first rate cut in September...

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TSLA

Musk Ordered to Resume Testimony in SEC Twitter Probe

(Bloomberg) -- Elon Musk must submit to further questioning in the US Securities and Exchange Commission’s investigation of his 2022 Twitter Inc. acquisition, a federal judge ruled.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsFlood of China Used Cooking Oil Spurs Call to Hike US LeviesHow One of the World's Oldest Hedge Funds Went BankruptMacron Puts French Banks in Play With Plan to Transform E...

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AMZN

Amazon Web Services CEO to resign, effective June 3

Amazon's (AMZN) cloud computing arm, Amazon Web Services (AWS), is undergoing a leadership transition. Adam Selipsky, the CEO of AWS, has announced his resignation after an 18-year tenure. Effective June 3, Matt Garman will be the new CEO of AWS. Yahoo Finance's Josh Lipton and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith...

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GOOGL

The key announcements from Google’s I/O conference

The tech giant has been laying out its plans for AI-powered tech...

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GOOGL

Google unveils new gen. AI features, enters its ‘Gemini era’

During the 2024 Google I/O keynote address, Alphabet CEO Sundar Pichai (GOOG, GOOGL) unveiled a new slate of generative AI features, such as AI-integrated search. Google claims that these new products are a part of its “Gemini era.” Yahoo Finance Tech Editor Dan Howley joins Market Domination live from the Google I/O conference to discuss Google's latest developments and competition with OpenAI. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino...

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GOOGL

Gemini on Android becomes more capable and works with Gmail, Messages, YouTube and more

Google’s Gemini on Android, its AI replacement for Google Assistant, will soon be taking advantage of its ability to deeply integrate with Android’s mobile operating system and Google’s apps. At the Google I/O 2024 developer conference on Tuesday, the company announced that users will be able to pull up the Gemini overlay on top of the app they’re using in more ways. It’s also updating Android’s built-in AI model, Gemini Nano. Soon, Android users will be able to drag and drop AI-generated images...

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