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🚨GOOGLE REJECTED OPENAI'S #PARTNERSHIP PROPOSAL, EXEC TESTIFIES AT TRIAL
🔹#Google Declines #OpenAI's Bid: OpenAI approached Google for a partnership to use its search technology within ChatGPT, but Google rejected the offer in August 2024, citing competition concerns.
🔹OpenAI's Need for Search Technology: ChatGPT currently relies on Microsoft's Bing for search, but OpenAI aimed to diversify and improve the product with Google's API.
🔹DOJ's Antitrust Case: The U.S. Department of Justice is pursuing remedies to end Google's online search monopoly, including forcing the company to sell its Chrome browser.
🔹Google's Search Monopoly: The DOJ argues that Google's dominance could extend to AI, potentially hindering competition in the tech industry.
🔹#Google Declines #OpenAI's Bid: OpenAI approached Google for a partnership to use its search technology within ChatGPT, but Google rejected the offer in August 2024, citing competition concerns.
🔹OpenAI's Need for Search Technology: ChatGPT currently relies on Microsoft's Bing for search, but OpenAI aimed to diversify and improve the product with Google's API.
🔹DOJ's Antitrust Case: The U.S. Department of Justice is pursuing remedies to end Google's online search monopoly, including forcing the company to sell its Chrome browser.
🔹Google's Search Monopoly: The DOJ argues that Google's dominance could extend to AI, potentially hindering competition in the tech industry.
🚨JUDGE RULES GOOGLE IS ONLINE AD #MONOPOLY
Federal judge rules Google illegally built monopoly power in web advertising
🔹DOJ wins landmark case; could force Google to divest ad business
🔹Judge Brinkema: Google tied ad server & exchange to block rivals
🔹Ruling follows 2 other recent monopoly cases vs Google (Search, App Store)
🔹Google to appeal; says ruling harms innovation and publishers have choices
-CNN
Federal judge rules Google illegally built monopoly power in web advertising
🔹DOJ wins landmark case; could force Google to divest ad business
🔹Judge Brinkema: Google tied ad server & exchange to block rivals
🔹Ruling follows 2 other recent monopoly cases vs Google (Search, App Store)
🔹Google to appeal; says ruling harms innovation and publishers have choices
-CNN
#ElonMusk's xAI has launched a standalone app for its AI chatbot Grok, signaling a bold move to challenge #OpenAI's ChatGPT and Google's Bard.
🔥The free beta app, currently available in the U.S., offers access to Grok 2 with real-time data integration via X, Musk’s social platform. By breaking Grok away from X’s ecosystem, Elon aims to rapidly scale its user base while differentiating it with less political correctness and direct information access. With xAI reportedly raising billions for AI research and expanding its infrastructure, this marks a significant entry into the competitive generative AI market. For traders, Elon’s aggressive strategy and xAI’s growth potential could indicate opportunities in related AI, chip, and tech sectors poised to benefit from this innovation wave.
#ElonMusk. #OpenAI #DOJBTCAuction
🔥The free beta app, currently available in the U.S., offers access to Grok 2 with real-time data integration via X, Musk’s social platform. By breaking Grok away from X’s ecosystem, Elon aims to rapidly scale its user base while differentiating it with less political correctness and direct information access. With xAI reportedly raising billions for AI research and expanding its infrastructure, this marks a significant entry into the competitive generative AI market. For traders, Elon’s aggressive strategy and xAI’s growth potential could indicate opportunities in related AI, chip, and tech sectors poised to benefit from this innovation wave.
#ElonMusk. #OpenAI #DOJBTCAuction
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