Schiff and other House members demand answers on how Google AI Overview works: Rep. Adam Schiff (D-CA) doubled down on his efforts to expose how artificial intelligence programs work, demanding detailed information from Google about the back end of its experimental AI Overview search results feature. SFC
Bloomberg: OpenAI releases GPT-4o Mini, a cheaper version of flagship AI model
ChatGPT maker OpenAI goes smaller and cheaper with new AI tech: WSJ reports the company is releasing GPT-4o mini, part of an industry shift toward more efficient artificial-intelligence models.
OpenAI, Google, and Anthropic try building AI that can reason: As with so much of AI, the concept of reasoning is difficult to define and measure. Bloomberg
AI adoption in ad industry needs ‘non-optional mandates’, says Interpublic CEO Philippe Krakowsky Fortune
New technologies like AI let companies learn more about their customers—while raising privacy questions Fortune
Meta AI paused in Brazil: Disquiet over Meta’s exploiting user data to train its AI is spreading. After pausing its AI rollout in Europe, Meta has done the same in Brazil. Brazil’s National Data Protection Authority effectively blocked Meta’s AI-training practices earlier this month after the company tried to claim the right to train its AI with its users’ Instagram and Facebook data.
Samsung buys AI firm: Reuters reports that Samsung is buying a British AI startup called Oxford Semantic Technologies for an undisclosed amount. The company makes a “rules-based reasoning engine” that aims to provide truth transparently.
AI’s insatiable need for energy is straining global power grids Bloomberg
OpenAI and Broadcom in talks about developing new AI chip: FT reports ChatGPT maker seeks ways to expand capacity as it aims to stay ahead of its rivals.
Reuters: TSMC rides AI demand to raise revenue forecast, says no to US joint venture
Bloomberg: More than half of TSMC’s sales are now high-end chips like AI
+ HPC division houses AI accelerators, servers and MacBook chips
+ TSMC’s key sales driver has shifted from smartphones to AI
Enjoy the ride + plan accordingly.
-Marc
