AI
Analysis: AI summit a start but global agreement a distant hope
The British PM championed a series of landmark agreements after the first AI safety summit, but a global plan for overseeing the technology remains a long way off.
AI
Musk’s xAI set to launch first AI model to select group
Elon Musk’s artificial intelligence startup xAI will release its first AI model to a select group on Saturday.
Alex Chriss
PayPal stock surges as pledge to turn “leaner” keeps crypto concerns at bay
PayPal added nearly $4 billion to its market value after a pledge to turn “leaner” fired up investors.
Anonymity
China removes anonymity of bloggers’ accounts with more than 500,000 followers
China’s most popular social media platforms announced that “self-media” accounts with more than 500,000 followers will be asked to display real-name information
AI chip division
Chipmaker Intel soars on signs of PC market recovery
Intel rose more than 9% on Friday and sparked a jump in chip stocks after the personal computer market was rebounding from its quarters-long slump.
AI
Amazon rallies on cloud optimism as it chases Microsoft for AI business
Amazon.com rose 7% on Friday as it aims for a larger share of the booming artificial intelligence market in a race with Microsoft.
blocking
Malaysia to warn TikTok, Meta over alleged blocking of pro-Palestinian content
Malaysia’s communications regulator will issue a warning to social media firms TikTok and Meta for allegedly blocking pro-Palestinian content on their platforms.
Admissible evidence
FTX founder Sam Bankman-Fried kicks off fraud trial defense case
Lawyers for FTX founder Sam Bankman-Fried kicked off their case at his fraud trial on Thursday.
AI features
Microsoft extends cloud lead over Alphabet with focus on OpenAI, big clients
Microsoft is outstripping Alphabet in the race to make money from generative AI through early bets on OpenAI and focus on big clients.
Apple
Apple raises subscription prices for TV+, News+
Apple increased the subscription prices of Apple TV+ and Apple News+.