• Google and Microsoft discussed their respective AI prospects in the latest earnings reports.
• Alphabet reported that it combined its Google Research (Brain) and DeepMind groups into a single AI team called Google DeepMind this year.
• Apple is developing its own AI chatbot as an internal tool, while Societe Generale’s subsidiary has received France’s first crypto services license.
Google & Microsoft Discuss AI Prospects
Google and Microsoft shared their thoughts on artificial intelligence (AI) in separate quarterly earnings reports on July 25th. Alphabet, the parent company of Google, reported that they combined their Google Research (Brain) and DeepMind groups into a single AI team called Google DeepMind earlier this year, however the results were only included within broader finances. Sundar Pichai, CEO of Google and Alphabet said: “Our continued leadership in AI and our excellence in engineering and innovation are driving the next evolution of Search, and improving all our services.“ Additionally, Alphabet reported $74.6 billion in revenue for the quarter ending June 30th driven largely by $66.3 billion from its google services including ads, Android, Chrome, search, YouTube etcetera.
Apple Developing Internal Tool
Apple is developing its own AI chatbot as an internal tool to help improve efficiency amongst its employees. The chatbot will be able to understand user queries quickly allowing for faster resolution of many tasks which would otherwise take up too much time or require manual intervention from other staff members. It is unclear when exactly this project will be completed or released but it certainly shows how committed Apple is to using cutting edge technology to make operations smoother within the company itself.
Societe Generale Crypto License
A subsidiary of French banking giant Societe Generale has received France’s first crypto services license which will allow them to offer cryptocurrency-related services such as custody solutions for customers looking to invest in digital assets like Bitcoin or Ethereum without any prior experience dealing with cryptocurrencies themselves. This move signals not just a shift away from traditional financial systems towards more innovative digital equivalents but also how big corporations are beginning to recognise cryptocurrency as both an investment asset class and potential currency of choice within certain markets now too.
CoinDesk Deal Final Stages?
There appears to be a potential $125M deal between CoinDesk and Alameda Research being finalised according to some sources close to the matter who have requested anonymity due to commercial sensitivity surrounding negotiations at present time . Caroline Ellison’s private writings from the months leading up to Alameda’s FTX collapse have been uncovered during legal discovery process involving both parties so further details regarding specifics may eventually become available if/when agreement is reached between them both soon enough!
Terraform Labs CEO Change
Terraform Labs recently appointed Chris Amani as their new Chief Executive Officer following Do Kwon’s decision not seek re-election after his term had ended recently due some personal matters he needed attend back home country South Korea respectively . Mr Amani brings with him over 10 years‘ experience working across various tech companies ranging from start-ups through Fortune 500 companies alike so he should fit right into role perfectly here given his past track record success delivering results when required most important times too!