Microsoft Faces Pressure to Prove AI Profitability

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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 Faces Pressure to Prove AI Profitability

Investors are growing wary of Big Tech's hefty AI spending. After Google and Tesla's recent earnings reports sparked market declines, Microsoft faces pressure to justify its own AI investments. While analysts remain bullish on the company's prospects, particularly in cloud computing, Microsoft must convincingly demonstrate how its AI initiatives are driving substantial revenue growth to appease investor concerns.

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2 - ⛔️ Apple's AI Plans Hit a Snag: October Launch Delayed

Apple's highly anticipated AI features, including the revamped Siri and Safari enhancements, have been pushed back from the September release of iOS 18 and iPadOS 18 to October. This delay allows Apple to refine the Apple Intelligence suite and address potential bugs before a wider rollout. While the iPhone 16 models will launch without these AI features, developers can start testing them through beta versions of iOS 18.1 and iPadOS 18.1.

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3 - 📺 Musk Posts AI-Faked Harris Video on X Despite Ban

Tesla CEO Elon Musk is facing criticism for reposting an altered video of Vice President Kamala Harris on X, formerly Twitter, which he bought and rebranded in 2022. The video, originally created by YouTuber Mr. Reagan, features AI-generated audio of Harris making inflammatory statements. While Mr. Reagan's post included a "parody" disclaimer, Musk's repost did not, leading to accusations from Harris’s campaign of spreading "manipulated lies." The video has garnered significant attention, with Musk's post receiving nearly 130 million views. Critics argue that this incident exemplifies the dangers of AI-generated content in political discourse, with some calling for stricter regulations on deepfakes.

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4 - 💸 Meta's AI Spending to Explode: $50 Billion Forecast

Meta is all-in on AI. The social media giant is shifting focus away from its metaverse ambitions and pouring billions into artificial intelligence. While this aggressive spending strategy has investors on edge, Meta's CEO, Mark Zuckerberg, is confident that these investments will yield significant returns, positioning the company as a leader in the AI race. However, increasing regulatory scrutiny and the potential for overspending could pose challenges.

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5 - 📱 Apple Unveils AI Tool to Developers: First Look at Apple Intelligence

Apple is rolling out its highly anticipated AI features, Apple Intelligence, to developers for testing. The suite of AI-powered tools will enhance Siri, Safari, and other native apps. While initially slated for September, the release has been pushed back to October. This strategic move aims to refine the features before the public launch, ensuring a seamless user experience. With Apple Intelligence, the tech giant aims to catch up with competitors in the AI race, leveraging its partnership with OpenAI for ChatGPT integration.

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Written by AI Bulletin team - Australia
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