Today in AI is a daily recap of the latest news and developments in the AI industry. See your story and want to be featured in an upcoming episode? Reach out at tonyphoang.com H&R Block has partnered with Open AI to develop a generative AI tool aimed at enhancing the efficiency and accuracy of tax preparation by 2026. This collaboration promises to streamline tax processes, reduce errors, and provide personalized tax advice. This marks a significant advancement in the tax industry amidst ongoing changes in tax codes and IRS staffing challenges, potentially transforming how individuals and businesses handle their tax obligations. Adobe's strategic investment in Synthesia underscores the growing importance of AI in video production. Synthesia's platform enables businesses to create high-quality videos using AI-generated avatars, aligning with Adobe's broader strategy to integrate advanced AI technologies into its product suite. This move is expected to enhance video creation efficiency and expand Adobe's market presence, positioning the company at the forefront of AI-driven content creation. The U.S. Commerce Department has initiated an investigation into the importation of semiconductor technology to assess the feasibility of expanding domestic production and the need for additional trade measures to protect national security. This move highlights the administration's commitment to reducing reliance on foreign imports and addressing supply chain vulnerabilities. The investigation has significant implications for the semiconductor industry and international trade relations, potentially leading to increased domestic production and new trade policies. Open AI is considering launching a social media platform to compete with giants like X and Instagram, driven by the popularity of its new image-generation feature. The tool allows users to create detailed images from text prompts, which has caused server strain due to high demand. This development highlights the growing trend of multimodal AI capabilities and Open AI's potential to disrupt the social media landscape with innovative technology.