| In this edition, Chrome’s save by a federal judge doesn’t mean Google is safe from the cutthroat AI ͏ ͏ ͏ ͏ ͏ ͏ |
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 | Reed Albergotti |
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Google was spared the worst on Tuesday, with a federal judge rejecting a US Department of Justice request to force it to spin off its Chrome browser. But court rulings are less relevant in trustbusting Big Tech than newer, disruptive technology, as we’ve said before. And in Google’s case, its cash cow — online search advertising — is already in jeopardy, and ironically, because of Google itself. It paid for massive data centers full of tensor processing units. It paid for the salaries of top AI researchers lured from academia, who were able to test their theories for the first time, thanks to… Google’s massive, concentrated size. What did the firm do with its AI research? It published papers and presented its findings for everyone to see. That included AlphaFold, an AI program that can predict protein structures and revolutionized biotech. And it included the Attention is all you need paper, which taught the world how to scale transformer model architectures. ChatGPT owes its existence to that paper. And now the ChatGPT moment has jeopardized Google’s core business. It doesn’t take a crystal ball to see that Google, no matter what the legal punishment is for its monopolistic behavior, has two options: innovate or die. ➚ MOVE FAST: Safe house. OpenAI announced its plans to expand parental controls for ChatGPT and for its products to better respond to users in crisis, following reports last week that the chatbot played a role in a teen’s death and a murder-suicide. ➘ BREAK THINGS: Mouse house. The Walt Disney Company will pay $10 million to settle a Federal Trade Commission lawsuit regarding videos it uploaded to YouTube without marking them as content for children, which allowed young users to view targeted ads. |
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Riccardo Savi/Getty Images for Concordia SummitNick Clegg’s new book, How to Save the Internet, is not, as some may have hoped, a tell-all about his former bosses at Meta, where he served as president of global affairs until earlier this year. But while Clegg heaps praise on Facebook Co-founder and CEO Mark Zuckerberg, the book published this week is a rebuke of a worldview sweeping Washington and gaining steam in Silicon Valley: a belief that the United States can win the technology race against China and continue to dominate. “Do you really think American technology is going to prevail without any hindrance? I just don’t, in the AI world, see that happening,” he said in an interview with Semafor. “Maybe British industrialists in the height of the Industrial Revolution, at the time of the steam engine, thought the world was going to rotate around them forever. Guess what? That didn’t happen.” Clegg, who calls himself a globalist (“though that word is almost exclusively used as an insult these days,” he writes in the book), believes the only way forward for the US is to cooperate with Western countries and allies around the world to allow borderless data flows and shared infrastructure for the development of AI. “If [the US] escalates its ever more protectionist approach to AI technologies, it will only incentivise rivals and allies alike to build up their domestic industries, with many likely to turn to America’s biggest rival, China, for support,” writes Clegg, who was the UK’s deputy prime minister 10 years ago and left Meta after the 2024 election of Donald Trump, replaced by Joel Kaplan, a longtime Republican. “America has only a small and closing window of opportunity in which to act.” For tech companies, Clegg noted that they are moving so fast that they’re not stopping to think about the “minefield” that is AI. He added that the AI race has summoned Zuckerberg’s “most ferociously competitive” side, and he “does it with a ruthless focus and he moves exceptionally fast.” The downside is that there isn’t always time to think. “It’s in pursuit of what? Is it just better experiences on Meta, or is it something bigger than that?” Clegg said in the interview. “I think the company needs to do more on the why.” |
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 Semafor is growing its global live journalism business, building on the rapid success of the World Economy Summit — the largest gathering of Fortune 500 CEOs in America. To lead this next phase, Semafor has appointed Lyndsay Polloway, Nino Gruettke, Andy Browne, and Clay Chandler to expand the company’s live journalism footprint internationally, beginning in the Arabian Gulf and Africa, with Asia and Europe to follow. Building on the platform’s commercial and editorial success, the World Economy Summit will expand into a five-day program from April 13 to 17, 2026, and is expected to convene more than 400 global CEOs to address the most consequential issues facing the global economy. |
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A humanoid robot taking part in the inaugural World Humanoid Robot Games. Tingshu Wang/Reuters.The adage “hire for potential” has never been truer than in the AI age, when companies are building teams for technology and products that do not exist yet. In a recent hiring sweep, Meta poached Apple’s top AI researcher for robotics, Jian Zhang, adding to the ongoing AI talent exodus from the iPhone maker, Bloomberg reported. Zhang will work in Meta’s Robotics Studio, the Reality Labs department created in February focused on developing humanoids and other advanced robotics. The unit will attempt to compete with Tesla and Nvidia-backed Figure AI; Meta’s existing hardware is limited to smart glasses and virtual reality headsets. The challenge facing big tech companies isn’t only to create the best AI but to envision through what device humans will most often use it. Phones don’t seem to be the long-term solution, pins flopped, and glasses haven’t compelled the masses yet. So, what makes a good product engineer in this new world? The question resonates with what employees in every other industry face. AI is threatening large swaths of the workforce, creating value around how workers think rather than their skillsets, which can be automated with AI. While a track record of launching innovative products is always beneficial, product hires’ currency isn’t in what they’ve done, but in what they imagine next. |
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 The new valuation of Anthropic, a threefold increase, after it raised $13 billion in a Series F round, it announced Tuesday. The funds exceed the company’s initial $5 billion target, representing one of the largest US funding raises in history. |
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DeAgostini/Getty ImagesThe Caribbean island of Anguilla has found its new AI cash cow. When the internet first started out, countries and territories claimed their unique domain extensions to tag onto websites — .us, .uk, and for Anguilla, .ai. With the AI boom that came decades later, companies and entrepreneurs are paying the British Overseas Territory top dollar to register their websites with its domain, the BBC reported. The same thing happened for the Pacific island of Tuvalu and its domain .tv more than two decades ago. Last year, Anguilla generated $39 million selling its domain, almost a quarter of the island’s total revenue. With only 16,000 people, it expects to make $48.8 million this year and $51 million in 2026 from the service. There are nearly 880,000 registered domains ending in .ai, a number that almost doubled in a year, according to a domain registration tracker. The business may allow Anguilla to diversify its economy, which is largely reliant on tourism dollars at risk each hurricane season. |
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