Summary of Benedict's Newsletter

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    Google Launches Edge AI with Samsung

    Google has introduced mobile versions of its Gemini generative AI model that can run on devices like the latest Samsung Galaxy S24 series and some Pixel phones. This "Edge AI" allows for on-device processing, enabling features like:

    • Photo editing and retouching tools powered by generative AI
    • Auto-summaries of voice memos using AI
    • A "circle to search" feature that lets users draw a circle around any on-screen content to initiate a Google search

    Apple's Revised App Store Rules for google

    To comply with regulations in the US and EU, Apple will now allow developers to use external payment processing methods and link out from their apps. However, developers must still pay Apple a 27% commission on any external purchases, only slightly lower than the previous 30% cut.

    • Apple claims this covers the services and infrastructure it provides to developers
    • Critics argue Apple is defying the spirit of the law while technically complying
    • The rules could impact apps like Spotify, which previously couldn't link to external subscription options

    Microsoft Email System Hacked

    Microsoft disclosed that a "nation-state actor" had hacked into a small percentage of its corporate email accounts, including those of senior leadership and cybersecurity personnel. The company is investigating the breach, dubbed "Midnight Blizzard."

    Generative AI Updates

    As generative AI continues to dominate the tech landscape, here are some key updates from major players:

    • OpenAI is building new moderation capabilities and hiring staff to prepare for the 2024 elections and combat misinformation
    • Meta remains committed to the "metaverse" (VR/AR) and open-source AI, according to Mark Zuckerberg
    • Microsoft now offers a $20/month "Copilot" add-on for Office 365 with AI writing assistance
    • Anthropic researchers claim to have found ways to hide backdoors in AI models

    AI's Impact on Industries

    Various industries are exploring ways to leverage generative AI, including:

    • Retailers discussing AI use cases at the NRF conference
    • Amazon adding an AI shopping assistant for product research
    • Adobe's perspective on AI copyrights and intellectual property
    • The rise of AI-powered apps and features from tech giants like Google, Microsoft, and OpenAI

    Other Tech News

    • Zipline expands drone delivery service to Dallas in partnership with Walmart
    • EU may block Amazon's $1.7B acquisition of iRobot (Roomba)
    • Reddit files for an IPO, surfacing its financial metrics
    • Google expects more layoffs in 2024 amid cost-cutting efforts

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