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Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup

Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup

Also, Nvidia is buying an Israeli AI software startup, and another one it backs unveiled avatars that can express human emotions

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Image for article titled Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup
Graphic: Images: Eugene Gologursky, Justin Sullivan, Brian Losness, Andrej Sokolow/dpa

There’s no escaping AI, it seems, with a researcher predicting the technology will “be in every nook and cranny” of big banks, and vaccine maker Moderna’s chief executive saying he wants employees to use ChatGPT at least 20 times a day. However, Meta’s attempt to put its Meta AI assistant across its platforms is annoying some users on Facebook and Instagram.

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Check out those and more highlights from the week in AI news.

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Stephane Bancel speaking with his hands up, Fast Company logos on the backdrop behind him
Stéphane Bancel, CEO of Moderna at the Fast Company Innovation Festival on September 21, 2023 in New York City.
Photo: Eugene Gologursky (Getty Images)

One of the world’s top vaccine makers is partnering with a major AI company to advance medicine — and its chief executive is excited.

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Nvidia logo on grey office building
Nvidia headquarters on February 05, 2024 in Santa Clara, California.
Photo: Justin Sullivan (Getty Images)

An AI startup backed by Nvidia introduced its next generation of AI avatars that can understand context from text inputs and express human emotions, such as happiness, sadness, and excitement.

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Micron headquarters
Micron corporate headquarters in Boise, Idaho, February 3, 2012.
Photo: Brian Losness (Reuters)

The U.S. isn’t slowing down its efforts to bring chipmaking stateside to compete with China, and the country’s largest maker of computer memory chips is next in line for federal funding.

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The logo of the chip company Nvidia can be seen at its headquarters in Silicon Valley.
The logo of the chip company Nvidia can be seen at its headquarters in Silicon Valley.
Photo: Andrej Sokolow/dpa (Getty Images)

Nvidia announced plans Wednesday to acquire Israeli AI startup Run:ai. While Nvidia didn’t disclose the terms of the transaction, an Israeli newspaper Calcalist reported that the chipmaker will buy Run:ai for $700 million in “the coming days.”

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Microsoft logo behind a window reflecting two UK flags
Microsoft Experience Centre in Oxford Circus on April 26, 2023 in London, England.
Photo: Belinda Jiao (Getty Images)

Big Tech’s investments into smaller AI firms to boost their spot in the AI race aren’t without some scrutiny.

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Meta said the AI tool can be used on Facebook, Instagram, WhatsApp, and Messenger.
Meta said the AI tool can be used on Facebook, Instagram, WhatsApp, and Messenger.
Image: Bloomberg (Getty Images)

Meta wants to be a player in the AI space, but its efforts to do so have some users annoyed.

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Image for article titled Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup
Photo: Alan Freed (Reuters)
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Mustafa Suleyman wearing a black turtleneck and an AI Safety Summit lanyard
Mustafa Suleyman at the AI Safety Summit at Bletchley Park on November 1, 2023 in Bletchley, England.
Photo: Leon Neal (Getty Images)

Microsoft’s AI chief said those building AI should make sure it’s easy for the public to comprehend it — and offered his own analogy to help do so.

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Sam Altman speaking with a lav mic on his grey sweater
OpenAI CEO Sam Altman during the OpenAI DevDay event on November 06, 2023 in San Francisco, California.
Photo: Justin Sullivan (Getty Images)

An energy startup aimed at cleaning up artificial intelligence’s massive use of electricity is getting a multi-million dollar boost from investors, including the AI industry’s top leader.

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people holding the Mate 60 Pro phone with a Mate60 display sign in the background
People with the Mate 60 Pro phone at a Huawei flagship store on September 25, 2023 in Beijing, China.
Photo: Kevin Frayer (Getty Images)

American efforts to curb advanced chipmaking in China are working, a top U.S. official said. The chip used in sanctioned Chinese tech company Huawei’s Mate 60 Pro smartphone is not as advanced as chips being made in the U.S., Secretary of Commerce Gina Raimondo said Sunday.

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Wall Street
Photo: George Clerk (Getty Images)

Banks have joined the artificial intelligence race, and they’re making rapid progress to turn the burgeoning technology into a mainstay in their business practices.

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Image for article titled Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup
Photo: NVIDIA (Reuters)

Nvidia is the Taylor Swift of tech companies. But challengers are picking at some of the chipmaker’s weaknesses and taking advantage of a changing ecosystem

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