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Tech stocks slump and Google faces major backlash after AI Ad for Olympics ✋

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Product Scoop
August 05, 2024

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Tesla Dojo: Elon Musk's big plan to build an AI supercomputer, explained | TechCrunch

Dojo is Tesla’s custom-built supercomputer that’s designed to train its “Full Self-Driving” neural networks.

techcrunch.com/2024/08/03/tesla-dojo-elon-musks-big-plan-to-build-an-ai-supercomputer-explained

Tech stocks see steepest three-week slump in two years, led by plunge in Amazon and Intel

With quarterly earnings largely in the rearview mirror, Wall Street is troubled by what it's seeing out of Silicon Valley.

www.cnbc.com/2024/08/02/tech-stocks-wrap-up-steepest-three-week-slump-in-two-years-led-by-plunge-in-amazon-and-intel.html

Google pulls AI ad for Olympics following backlash

Google was criticized for using artificial intelligence to write a fan letter to an Olympic athlete.

www.cnbc.com/2024/08/02/google-pulls-ai-ad-for-olympics-following-backlash.html

Nvidia reportedly faces a U.S. DOJ antitrust probe after complaints from rivals

The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in AI chips, The Information reported.

www.cnbc.com/2024/08/02/nvidia-shares-fall-after-report-that-it-faces-a-us-doj-antitrust-probe.html

Microsoft's cloud is 'no-brainer' for some AI startups, helping Azure gain ground on AWS

Microsoft's lead in artificial intelligence along with a program to provide credits to early-stage companies is making Azure more popular among startups.

www.cnbc.com/2024/08/02/microsoft-touts-cloud-momentum-from-y-combinator-startups.html

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