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Here are 5 things you missed today in the world of AI. Because we get it, life is busy & who has the time to sit around and keep up with the fastest moving industry right now - here are 5 things we think you need to know in the world of AI.

1 - 🙇🏻 Microsoft, Apple Bow Out of OpenAI Board Amid Antitrust Heat

Microsoft stepped down from its observer seat on OpenAI's board after just eight months, citing the company's strong progress. This move follows increased antitrust scrutiny from regulators looking into collaborations between big tech firms and AI companies. Apple also declined a similar observer position on the board.

READ THE FULL ARTICLE HERE➯

2 - 😱 Intuit to Reshuffle Workforce, Lay Off 1,800 to Fuel AI Push

Intuit is revamping its workforce to focus on artificial intelligence (AI). The company will lay off 10% of its employees but will hire a similar number of new people in AI, engineering, and customer service roles. Intuit says this is not a cost-cutting measure but a strategic shift to invest in its future. They plan to grow their overall headcount in the coming year and develop new AI-powered financial tools.

READ THE FULL ARTICLE HERE➯

3 - 🧟 Early Apple Blogs Zombified by AI in Unethical Remake

The once-popular Apple blog TUAW has been revived by a new owner, but not in the way fans might have hoped. AI-generated articles are being published under the names of former writers, who haven't been involved for over a decade. The new owner is also obscuring their identity, raising concerns about plagiarism and impersonation.

READ THE FULL ARTICLE HERE➯

4 - 📈 TSMC Soars on AI Strength, Crushes Q2 Revenue Estimates

Chipmaker TSMC beat market expectations with strong revenue growth in Q2, driven by high demand for AI applications. This helped offset slowing pandemic-related demand and pushed their share price to record highs. Revenue for Q2 was $20.67 billion, exceeding analyst estimates and representing a 32% increase year-over-year. The company is expected to provide more details and future outlook during their full earnings report on July 18th.

READ THE FULL ARTICLE HERE➯

5 -📱Samsung Folds in New Phones as Competition Heats Up, Apple Looms Large

Samsung unveiled its new foldable phones, Galaxy Z Fold6 and Z Flip6, packed with AI features like live translation and suggested replies. The company hopes these upgrades will convince users to upgrade, but faces challenges from competitors and consumers holding onto their phones longer. With Apple expected to release a new iPhone in September, analysts say it's a waiting game for many.

READ THE FULL ARTICLE HERE➯

Written by AI Bulletin team - Australia
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