Apple sued, Microsoft’s AI ambitions and Nvidia’s surprises

In this edition of Week in Review, we now have big news about Apple’s latest antitrust lawsuit. Microsoft’s artificial intelligence ambitions have also dominated the news, so let’s get straight to the purpose.…

The United States has joined international regulators in accusing Apple of using monopoly tactics to dam iPhone users. In response, Apple says the Justice Department’s actions could wreck what users enjoy about their phones and the ecosystem.

The Department of Justice lawsuit links Apple to the Microsoft era within the Nineteen Nineties, although there are some key differences between the 2 corporations and their efforts to retain customers.

Taking all this into consideration, we shouldn’t expect much from the lawsuit within the near term. Experts predict that it could take three to 5 years to resolve this issue.

But that is not all – read on for more updates on Reddit’s IPO, Nvidia’s GTC event, and an unexpected change for Glassdoor accounts.

News

Microsoft takes over the lead of Inflection AI: The co-founders of the high-profile artificial intelligence startup were acquired by Microsoft on Tuesday in a deal that puts Mustafa Suleyman at the top of Microsoft’s consumer-facing AI unit and Karén Simonyan as vp and general manager of the identical group. This all happened after Inflection raised $1.3 billion, and the biggest investor within the startup was, you guessed it, Microsoft.

Nvidia’s GTC event: Remember when their biggest news was about ray tracing? At its wide-ranging GTC developer conference, Nvidia had just a few surprises from CEO Jensen Huang, including predictions that artificial general intelligence will arrive in five years and news of a brand new artificial intelligence platform for humanoid robots called GR00T.

Google Gemini artificial intelligence on iPhones?: The two corporations are reportedly in talks that could lead on to Google’s AI model being deployed to power several upcoming iOS updates, which leaves the query of whether this will probably be a short lived hiatus until Apple’s AI efforts gain momentum or a long-term partnership , or simply one in all those negotiations that never reaches the finish line.

Hacking and privacy

Investors undercut by previous malware investments: The Biden administration is creating a world coalition to fight business spyware, which investors at the moment are joining. However, one in all these investors was previously involved in the identical business he’s now fighting, TechCrunch has learned exclusively.

Hacking a $5 Million Tournament ‘For Fun’: Sometimes the justification given for a hack that takes the gaming community by storm is solely easy and is meant to attract developers’ attention to an exploit getting used to stop an Apex Legends tournament.

Be careful with Glassdoor reviews: Users are reporting that their real names are being added to their profiles without their consent, and the one solution they’re supplied with is to completely delete their accounts. It’s time to double-check what you probably did to slander your former employer!

Financing and IPO

Reddit’s IPO is off to a robust start: The stock, which launched at $34 per share, rose 48% on its first day and reached a price of $46 by Friday’s market close.

Astera Labs balloons by 72% on the primary day: The company that makes cloud data center connectivity equipment is benefiting greatly from the factitious intelligence boom, with revenue rising 45% to $115.8 million last 12 months and its shares closing at $62.03 on the primary day .

The Browser Company raises $50 million at $550 million valuation: The startup behind the Arc browser has an ambitious, complicated and sometimes controversial approach to displacing PCs with browsers. Amid quite a few feature launches and AI updates, the corporate stays unclear about its path to monetization.

Bonus round

Artificial intelligence is bad at spelling, and image generators are in charge: If you have ever seen terrible spelling in an AI-generated image, you are not alone. We delved into why, despite its enormous potential, AI still struggles with spelling the word “burrito.”

Fisker suspends production: And it isn’t because of electrical vehicles – it’s because the corporate is quickly running out of cash. If they’re unable to lift more capital, they might stop operations altogether.

Why AI cannot be reviewed, but we’ll keep trying: The proven fact that systems like ChatGPT or Gemini cannot be truly tested makes it that rather more necessary to place them to the test.