Palantir, the data services company co-founded by Peter Thiel and led by CEO Alex Karp, is gaining momentum with its focus on artificial intelligence (AI). The company’s recent announcement of its AI-focused service platform has garnered significant attention and positive market response. With better-than-expected Q1 results and growing excitement about Palantir’s AI opportunities, investors are showing increasing interest, resulting in a 24% surge in Palantir stock. But is this just the beginning of a larger upward trend?

Amazon is harnessing the power of artificial intelligence (AI) and robotics to optimize its delivery operations, with a focus on minimizing the distance between products and customers. Stefano Perego, Vice President of Customer Fulfilment and Global Ops Services for North America and Europe at Amazon, shared insights into the company’s AI-driven logistics strategies.

OpenAI is taking its AI model, ChatGPT Plus, to new heights with the introduction of web browsing capabilities and a range of plugins. These exciting updates aim to enhance user experience and expand the potential applications of ChatGPT Plus, revolutionizing the way we interact with artificial intelligence in communication and web interactions.

The AI landscape is witnessing a fierce battle between Google’s latest chatbot, Bard, and OpenAI’s renowned ChatGPT. With recent updates and improvements, Bard is challenging the dominance of ChatGPT, sparking a rivalry that could reshape the AI industry.

Google I/O Keynote day witnessed a rapid-fire series of announcements from the search and internet advertising giant during its developer conference. TechCrunch covered the event, delivering quick hits of the biggest news as they unfolded. Here’s a summary of the noteworthy highlights from the keynote:

Spotify has taken down tens of thousands of AI-generated songs from Boomy, a music startup that enables users to generate original tracks by selecting different genres or descriptors of music. The move is in response to complaints about oversaturation and fraud on other streaming services.

Boomy’s business model involves users generating AI songs, which can then be uploaded to various streaming platforms, including Spotify, where royalties are paid for each listen. The California-based company claims that its users have generated over 14 million songs since it was launched two years ago.

Meta, formerly known as Facebook, has launched an open-source AI model named ImageBind, which combines six different types of data, including thermal, visual, text, audio, depth, and movement. While this research project has no practical applications for consumers yet, it demonstrates Meta’s interest in the future of generative AI systems, which can create immersive, multisensory experiences. The concept of this research is to link various data types into a multidimensional index, or embedding space, which underpins the recent boom in generative AI.

IBM has announced its new WatsonX AI platform, which is designed to enable enterprises to create and integrate AI solutions. This all-in-one toolkit comprises three powerful components: the watsonx.ai studio for new foundation models, generative AI, and machine learning; the watsonx.data fit-for-purpose store for the flexibility of a data lake and the performance of a data warehouse; plus the watsonx.governance toolkit to enable AI workflows that are built with responsibility, transparency, and explainability.

Warren Buffett, the legendary investor, compared artificial intelligence (AI) to the atomic bomb, saying that the technology has the ability to change everything except for how men think and behave. During Berkshire Hathaway’s annual meeting, Buffett admitted that while AI can do amazing things, he is concerned about its power, comparing it to nuclear weapons.

Google plans to pivot its search engine towards a “visual, snackable, personal, and human” approach aimed at attracting younger users, according to the Wall Street Journal. The shift away from the “10 blue links” format will include adding more human voices to search results, the report said. The company is expected to announce the new features at its annual Input/Output (I/O) developer conference in the coming week, which will enable users to engage in conversations with an AI program. The project, codenamed “Magi,” aims to provide an enhanced and personalized search experience.