Staying Informed with OWITH: Essential Updates in AI and Tech

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in the AI and tech world. The importance of common sense in AI models is being discussed, focusing on achieving Enterprise General Intelligence (EGI) for reliable AI agents in business settings. Efforts are being made to enhance AI models' common sense abilities, with platforms like Agentforce including trust and security filters. Recent developments in the AI industry include Anthropics unveiling new coding models and OpenAI partnering with the UAE for infrastructure development. Additionally, there is growing acceptance of AI avatars in various aspects of life, with a survey showing a preference for AI tutors, customer service agents, and even dating partners.Moving on to financial news, OpenFX, an infrastructure firm, has raised $23 million in funding to address the last-mile dilemma in stablecoins. Stablecoins are designed to maintain a certain price and can have various non-crypto use cases beyond the crypto industry. OpenFX aims to facilitate near-instant cross-border transactions using stablecoins by solving the "last mile" problem in transactions. The company's goal is to make money move across borders as seamlessly as data.In another headline, OpenAI has acquired "io," an AI device startup co-founded by Jony Ive, in a nearly $6.5 billion deal to develop new AI-powered devices by 2026. Bitcoin has reached a new all-time high of $111,746, attributed to confident investors and regulatory clarity for stablecoins. Nvidia CEO has criticized U.S. export controls on AI chips to China, saying it has backfired. Other tech news includes Amazon's AI shopping experts, Telegram's revenue, AT&T's acquisition of Lumen consumer fiber biz, Microsoft's email crackdown, Google facing a lawsuit over chatbot harm, a crypto CEO conviction, and Zoom's optimistic 2026 outlook.In further updates, OpenAI is acquiring IO, an AI product startup founded by the creator of the iPhone, for $6.5 billion. Meanwhile, two Israeli embassy staff members were killed in a shooting outside a Jewish museum in Washington. Amazon CEO Andy Jassy defended the company's significant AI spending during the annual shareholder meeting, emphasizing use cases and promising shareholder satisfaction. Target reported disappointing earnings for Q1 due to tariff uncertainty and boycotts following DEI initiatives rollback. The markets were down, with the S&P 500 falling 1.61% and Bitcoin sitting at approximately $110,600. Analysts from JPMorgan and Goldman Sachs provided insights on Google and equity markets. Other stories include developments at Microsoft, Google, Phillips 66, SpaceX, and Google's efforts to prevent burnout among employees.This concludes today's highlights in the world of AI and tech. Thank you for tuning in to OWITH.ai: the podcast that keeps you informed on what matters most in the ever-evolving realm of technology.

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