Meta's AudioCraft, Apple's Investment, Cortana's Demise And More: AI Round-Up This Week
Portfolio Pulse from Benzinga Neuro
This week in AI, Microsoft's investment in OpenAI led to the demise of Cortana, with the company pivoting to Bing Chat powered by OpenAI's ChatGPT. Meta Platforms unveiled a new AI tool, AudioCraft, that transforms text into music. Google's Assistant received an AI upgrade. Apple's CEO, Tim Cook, revealed the company's long-term investment in ChatGPT-like AI tech. Elon Musk's X.ai took over AI.com, marking a new chapter in the battle with OpenAI and the AI industry.
August 06, 2023 | 4:00 pm
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POSITIVE IMPACT
Apple's CEO, Tim Cook, revealed the company's long-term investment in ChatGPT-like AI tech.
Apple's long-term investment in ChatGPT-like AI tech could be seen as a positive move for the company. This investment could enhance Apple's product ecosystem and potentially boost its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Meta Platforms unveiled a new AI tool, AudioCraft, that transforms text into music.
The unveiling of Meta's new AI tool, AudioCraft, could be seen as a positive development for the company. This innovative tool could attract more users to Meta's platform, potentially boosting its stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Microsoft's investment in OpenAI led to the demise of Cortana, with the company pivoting to Bing Chat powered by OpenAI's ChatGPT.
Microsoft's decision to pivot from Cortana to Bing Chat powered by OpenAI's ChatGPT could be seen as a strategic move to stay competitive in the AI space. However, it also signifies the end of Cortana, which could negatively impact Microsoft's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100