All of Big Tech may have finally agreed on something, and that something is preventing generative artificial intelligence from bamboozling voters. You see, 2024 is an important year: it's the year that millions of people around the globe vote for who will govern them next. The big one is, of course, the 2024 US Presidential Elections which would see incumbent Joe Biden take on former commander-in-chief Donald Trump. However, voters will also be coming out in other major regions including Mexico, the United Kingdom, and even India. All in all, experts say that countries representing 41% of the world's population will hold elections this year — a record number. So, what does this have to do with big tech and generative AI? Well.. while democratic forces campaign to convince voters to bring them into power, some bad actors or (even political opponents) may be tempted to harness the power of the machines to tip the scales in favor of one candidate or the other. Deep fakes, like the ones made of Obama, were already pretty damn good half a decade ago. And the recent Taylor Swift debacle is just a grim reminder of how far generative AI has come since then. It is this destructive potential of generative AI that has big tech banding together to better help voters, lest they interact with AI-generated video, audio, or text without even realizing it! Last week at the Munich Security Conference, big tech’s poster children who traditionally compete against each other, said they'd be working together to prevent the misuse of AI during elections taking place this year. Nevermind the fact that they'll be continuing to build more powerful AI in the background. (In fact, OpenAI has now launched an AI model that turns text into video!) Remember that time when people from all over the world penned a letter to OpenAI to ask it to stop development of a more powerful ChatGPT? Yeah… that's now in the past because OpenAI and its backer Microsoft are going to be working with competitor(s) Google, Meta and Amazon to "detect and counter" harmful AI content through educational campaigns and by tracking the source of misleading election-related content, including audio, video, and images that provide false information to voters. One of the signatories to the pledge is Elon Musk's X, which is interesting because the world's richest man is developing his own AI company on the side and has been a vocal critic of OpenAI ever since he was ousted from the company. TikTok and Snap also lent their name to the pledge which included up-and-coming AI startups Anthropic and Inflection in the list of signatories – the former backed by Amazon and Google and the latter by Microsoft and Nvidia. All in all, 20 tech companies, arguably the ones that matter, signed the Tech Accord to Combat Deceptive Use of AI in 2024 Elections (it's a mouthful, we know!). Politics. Who would've thought that's where AI would have the most impact? Microsoft, Meta's Instagram, and Google dominated the top three positions on HackerNoon's Tech Company Rankings this week. 👋 You’re reading HackerNoon's Tech Company News Brief, a weekly collection of tech goodness that combines HackerNoon's proprietary data with internet trends to determine which companies are rising and falling in the public consciousness. Subscribe here to receive the complete newsletter in your inbox every Tuesday. Microsoft takes first step to blur lines between consoles 🎮 Is it us or are the current generation of gaming consoles from Sony and Microsoft middling at best? More and more it feels like the Playstation 5 and the Xbox Series S/X offer very little in terms of value when considering things like exclusives and features. In fact, Sony has already flagged that the Playstation 5 is at the tailend of its lifecycle, and Microsoft's Series S/X? Well.. what can we even say about the console that has sold even worsethan the original Xbox? To make up for the slack, Microsoft has decided tocross over some of its exclusives onto the Playstation and Nintendo Switch. Which games, you ask? We don't know yet, but it's likely we will find out in the coming months. This wouldn't necessarily be the first time a first-party console game crosses over to another platform. In fact, we have some great examples of Sony exclusives being ported to PC for major success, like God of War, certain Persona games, Last of Us Part 1, and even some Uncharted games! But games crossing over to a rival’s console? That's a little unheard of; however, it could be the trend moving forward as consumers become platform-agnostic and seek more flexibility with the hardware they purchase. Microsoft Gaming CEO Phil Spencer said as much recently when he noted that exclusivity across the video game industry will shrink further in the next five to 10 years. To us, that sounds like buying a console is no longer going to limit consumers to a single ecosystem and the hardware could become cheap stand-ins for PCs. So, now that the first domino has fallen, will we see Halo on the Playstation? Demon's Souls on Xbox? We certainly hope so! Or better yet, games just releasing everywhere. And we mean everywhere. Nvidia inches closer to $2 trillion valuation 🤑 What a phenomenal 12 to 16 months it has been for Nvidia, the company selling the *literal* virtual shovel during the ongoing AI gold rush. Not only has the success of ChatGPT turned the company from profitable to mega profitable, but demand for its hardware has never been higher as more and more organizations try to build their own AI models to compete with the likes of OpenAI's ChatGPT. So, it shouldn't come as a surprise that due to the overwhelming interest in Nvidia and its stock, the company's valuation has ballooned so high that not only is it now the third most valuable US company in the world, it is now more valuable than Amazon, Google, and even Meta. With a market capitalization of nearly $1.8 trillion, it is only a matter of time before Nvidia reaches the $2 trillion mark because it doesn't look like the stock is going to come down anytime soon. Funnily, it hasn't even been a full year since Nvidia hit a trillion dollars in valuation, which means that it's very, very likely that it would hit $2 trillion before the twelve-month anniversary of when it entered the trillionaire club. Not only is Nvidia a valuable company overall, it is also one of the most valuable chipmakers in the world, way ahead of competitors AMD, Intel and/or Arm Holdings who combined are around $600 billion in market capitalization. Ouch! Nonetheless, investors are slowly piling on companies that are either competing against Nvidia or are subject to its interest, presumably because it's just so much more expensive to buy Nvidia stocks at the moment than it was a year or so ago. It will be great to see where Team Green heads next. In Other News.. 📰 UK Minister Expects Stablecoin and Staking Legislation Within Six Months — via CoinDesk
The women in AI making a difference — via TechCrunch
The EU opens formal probe into TikTok over protection of children — via CNN
Neuralink's first human patient able to control mouse through thinking, Musk says — via Reuters
Quantum computers move closer to the assembly line — via Axios
Nintendo shares fall nearly 6% after report that the Switch 2 will be delayed until 2025 — via CNBC – And that's a wrap! Don't forget to share this newsletter with your family and friends! See y'all next week. PEACE! ☮️ — Sheharyar Khan, Editor, Business Tech @ HackerNoon *All rankings are current as of Monday. To see how the rankings have changed, please visit HackerNoon's Tech Company Rankings page. All of Big Tech may have finally agreed on something, and that something is preventing generative artificial intelligence from bamboozling voters. You see, 2024 is an important year: it's the year that millions of people around the globe vote for who will govern them next. The big one is, of course, the 2024 US Presidential Elections which would see incumbent Joe Biden take on former commander-in-chief Donald Trump. However, voters will also be coming out in other major regions including Mexico, the United Kingdom, and even India. finally All in all, experts say that countries representing 41% of the world's population will hold elections this year — a record number. So, what does this have to do with big tech and generative AI? Well.. while democratic forces campaign to convince voters to bring them into power, some bad actors or (even political opponents) may be tempted to harness the power of the machines to tip the scales in favor of one candidate or the other. say say bad actors bad actors Deep fakes, like the ones made of Obama , were already pretty damn good half a decade ago. And the recent Taylor Swift debacle is just a grim reminder of how far generative AI has come since then. It is this destructive potential of generative AI that has big tech banding together to better help voters, lest they interact with AI-generated video, audio, or text without even realizing it! ones made of Obama ones made of Obama Taylor Swift debacle Taylor Swift debacle Last week at the Munich Security Conference, big tech’s poster children who traditionally compete against each other, said they'd be working together to prevent the misuse of AI during elections taking place this year. Nevermind the fact that they'll be continuing to build more powerful AI in the background. (In fact, OpenAI has now launched an AI model that turns text into video!) launched launched Remember that time when people from all over the world penned a letter to OpenAI to ask it to stop development of a more powerful ChatGPT? Yeah… that's now in the past because OpenAI and its backer Microsoft are going to be working with competitor(s) Google , Meta and Amazon to "detect and counter" harmful AI content through educational campaigns and by tracking the source of misleading election-related content, including audio, video, and images that provide false information to voters. penned a letter penned a letter OpenAI OpenAI Microsoft Microsoft Google Google Meta Meta Amazon Amazon One of the signatories to the pledge is Elon Musk's X , which is interesting because the world's richest man is developing his own AI company on the side and has been a vocal critic of OpenAI ever since he was ousted from the company. X X developing developing vocal critic vocal critic TikTok and Snap also lent their name to the pledge which included up-and-coming AI startups Anthropic and Inflection in the list of signatories – the former backed by Amazon and Google and the latter by Microsoft and Nvidia . TikTok TikTok pledge pledge Amazon and Google Amazon and Google by Microsoft and Nvidia by Microsoft and Nvidia All in all, 20 tech companies, arguably the ones that matter, signed the Tech Accord to Combat Deceptive Use of AI in 2024 Elections (it's a mouthful, we know!). Tech Accord to Combat Deceptive Use of AI in 2024 Elections Tech Accord to Combat Deceptive Use of AI in 2024 Elections Politics. Who would've thought that's where AI would have the most impact? that's Microsoft, Meta's Instagram, and Google dominated the top three positions on HackerNoon's Tech Company Rankings this week. 👋 You’re reading HackerNoon's Tech Company News Brief, a weekly collection of tech goodness that combines HackerNoon's proprietary data with internet trends to determine which companies are rising and falling in the public consciousness. Subscribe here to receive the complete newsletter in your inbox every Tuesday. 👋 You’re reading HackerNoon's Tech Company News Brief, a weekly collection of tech goodness that combines HackerNoon's proprietary data with internet trends to determine which companies are rising and falling in the public consciousness. Subscribe here to receive the complete newsletter in your inbox every Tuesday. You’re reading HackerNoon's Tech Company News Brief , a weekly collection of tech goodness that combines HackerNoon's proprietary data with internet trends to determine which companies are rising and falling in the public consciousness. Subscribe here to receive the complete newsletter in your inbox every Tuesday. Tech Company News Brief Tech Company News Brief here complete Microsoft takes first step to blur lines between consoles 🎮 Microsoft takes first step to blur lines between consoles 🎮 Is it us or are the current generation of gaming consoles from Sony and Microsoft middling at best? More and more it feels like the Playstation 5 and the Xbox Series S/X offer very little in terms of value when considering things like exclusives and features. In fact, Sony has already flagged that the Playstation 5 is at the tailend of its lifecycle , and Microsoft's Series S/X? Well.. what can we even say about the console that has sold even worse than the original Xbox? tailend of its lifecycle tailend of its lifecycle even worse even worse To make up for the slack, Microsoft has decided to cross over some of its exclusives onto the Playstation and Nintendo Switch. Which games, you ask? We don't know yet, but it's likely we will find out in the coming months. cross over cross over find out find out This wouldn't necessarily be the first time a first-party console game crosses over to another platform. In fact, we have some great examples of Sony exclusives being ported to PC for major success, like God of War, certain Persona games, Last of Us Part 1, and even some Uncharted games! But games crossing over to a rival’s console? That's a little unheard of; however, it could be the trend moving forward as consumers become platform-agnostic and seek more flexibility with the hardware they purchase. Microsoft Gaming CEO Phil Spencer said as much recently when he noted that exclusivity across the video game industry will shrink further in the next five to 10 years. To us, that sounds like buying a console is no longer going to limit consumers to a single ecosystem and the hardware could become cheap stand-ins for PCs. said as much recently said as much recently So, now that the first domino has fallen, will we see Halo on the Playstation? Demon's Souls on Xbox? We certainly hope so! Or better yet, games just releasing everywhere. And we mean everywhere . everywhere everywhere everywhere Nvidia inches closer to $2 trillion valuation 🤑 What a phenomenal 12 to 16 months it has been for Nvidia , the company selling the *literal* virtual shovel during the ongoing AI gold rush. Nvidia Nvidia *literal* virtual shovel virtual shovel Not only has the success of ChatGPT turned the company from profitable to mega profitable , but demand for its hardware has never been higher as more and more organizations try to build their own AI models to compete with the likes of OpenAI's ChatGPT. profitable to mega profitable profitable to mega profitable So, it shouldn't come as a surprise that due to the overwhelming interest in Nvidia and its stock, the company's valuation has ballooned so high that not only is it now the third most valuable US company in the world, it is now more valuable than Amazon, Google, and even Meta. With a market capitalization of nearly $1.8 trillion, it is only a matter of time before Nvidia reaches the $2 trillion mark because it doesn't look like the stock is going to come down anytime soon. Funnily, it hasn't even been a full year since Nvidia hit a trillion dollars in valuation, which means that it's very, very likely that it would hit $2 trillion before the twelve-month anniversary of when it entered the trillionaire club. full year full year Not only is Nvidia a valuable company overall , it is also one of the most valuable chipmakers in the world, way ahead of competitors AMD , Intel and/or Arm Holdings who combined are around $600 billion in market capitalization. Ouch! valuable company overall valuable company overall AMD AMD Intel Intel combined Ouch! Nonetheless, investors are slowly piling on companies that are either competing against Nvidia or are subject to its interest , presumably because it's just so much more expensive to buy Nvidia stocks at the moment than it was a year or so ago. competing against competing against subject to its interest subject to its interest It will be great to see where Team Green heads next. In Other News.. 📰 In Other News.. 📰 UK Minister Expects Stablecoin and Staking Legislation Within Six Months — via CoinDesk The women in AI making a difference — via TechCrunch The EU opens formal probe into TikTok over protection of children — via CNN Neuralink's first human patient able to control mouse through thinking, Musk says — via Reuters Quantum computers move closer to the assembly line — via Axios Nintendo shares fall nearly 6% after report that the Switch 2 will be delayed until 2025 — via CNBC UK Minister Expects Stablecoin and Staking Legislation Within Six Months — via CoinDesk CoinDesk CoinDesk The women in AI making a difference — via TechCrunch TechCrunch TechCrunch The EU opens formal probe into TikTok over protection of children — via CNN CNN CNN Neuralink's first human patient able to control mouse through thinking, Musk says — via Reuters Reuters Reuters Quantum computers move closer to the assembly line — via Axios Axios Axios Nintendo shares fall nearly 6% after report that the Switch 2 will be delayed until 2025 — via CNBC CNBC CNBC – And that's a wrap! Don't forget to share this newsletter with your family and friends! See y'all next week. PEACE! ☮️ — Sheharyar Khan, Editor, Business Tech @ HackerNoon *All rankings are current as of Monday. To see how the rankings have changed, please visit HackerNoon's Tech Company Rankings page. *All rankings are current as of Monday. To see how the rankings have changed, please visit HackerNoon's Tech Company Rankings page. Tech Company Rankings Tech Company Rankings

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