It looks like will throw money at any company developing AI these days, perhaps in an effort to never be bamboozled by the likes of again. Google Microsoft A new report from Reuters indicates plans by the Alphabet-owned company to funnel "hundreds of millions of dollars" in an AI startup called Character.AI that offers users a chatbot that mimics popular people, like Billie Eilish or anime characters. The company is a hit with young people, who make up more than half of those using the service. Google's investment in the company will follow that in OpenAI competitor Anthropic just a while ago which was for a cool $2 billion. Now, maybe Google is trying to catch lightning in a bottle or it's trying to make sure it's not being left behind by peers like Microsoft and in expanding its presence in AI. but whatever the case, it's ramping up investments in AI companies to stay relevant, particularly considering the of its generative AI tool Bard. Amazon disastrous launch Meanwhile, the company the billions it paid smartphone makers such as or to remain the default search engine on their devices. defended Apple Samsung During testimony last week, the company called in Kevin Murphy, who teaches at the University of Chicago Booth School of Business, to testify in a case brought by the federal government accusing the search giant of monopolizing its dominance. Murphy argued that Google's billions helped lower the costs of phones and that the only reason why the payments were so high were because Apple played the company against Microsoft, which wanted smartphone makers to offer its Bing service instead. Google ranked #4 on HackerNoon's Tech Company Rankings this week. Sam Altman Signals What to Expect Next 🏃 This might be a big one, folks. It looks like humanity might be closer to the kind of AI we've seen in sci-fi media. In an with the Financial Times, OpenAI CEO Sam Altman said he was seeking more funds from primary sponsor to finally make artificial general intelligence a reality. interview Microsoft This could be huge for a number of reasons, though, would largely depend on who you ask. Elon Musk is certainly terrified of a future where computers are just as smart as humans if not smarter, but it could also signal a new kind of world where advances in health, environment, and business are enabled by machines who free up humanity from more mundane parts of existence. Maybe artificial general intelligence would make it possible for planet earth to become a more hippie-like place where humans are busy creating art and music and thinking about the deeper meanings of life. Or maybe, it would signal the end of our species and lead to an all-out war. Whatever the case, it looks artificial general intelligence is where we're headed next. Meanwhile, OpenAI is also generative AI capabilities to more and more consumers, announcing last week a marketplace that users can use to build their own task-specific AI models. opening up So look out for a GPT near you ;) Microsoft ranked #7 in this week's Tech Company Rankings. 👋 You’re reading of 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. went live yesterday. Prefer reading the whole thing a day early AND in one go? No problemo! Just subscribe to receive the newsletter in your inbox every Tuesday. part 2 Part 1 here complete In Other News.. 📰 Threads users can keep their posts off Instagram and Facebook now — via . The Verge Microsoft, Google will not challenge EU gatekeeper status — via . Reuters Nepal joins a growing list of countries banning TikTok — via . TechCrunch Apple’s ‘scary fast’ upgrades hint at its vision for the AI era — via . CNN YouTube to require creators to disclose use of generative AI — via . Axios Nvidia unveils H200, its newest high-end chip for training AI models — 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 page. Tech Company Rankings

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The Tech Company News Brief: Google Wants More of that AI Pie 🤖

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Sheharyar Khan

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The Tech Company News Brief: Google Wants More of that AI Pie 🤖

Too Long; Didn't Read

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