Hello, AI Enthusiasts!

On this issue, we delve right into a revealing discovery by developer Luca Casonato: Google has reserved a non-public API throughout the Chrome browser.

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TODAY’S AI SECRET:

• Chrome browser was revealed to quietly add the power to spy on PCs.

• Masayoshi Son buys “British Nvidia” at an enormous discount.

• Each day trending & featured AIs boost your profession and business.

• Tesla may delay its robotaxi reveal.

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TODAY’S AI WORLD

• Intuit Declares Layoffs Amid Strategic Shift – Tax-software company Intuit will lay off 1,800 employees and shut several locations because it shifts focus to artificial intelligence and international growth.

• Microsoft‘s Compromise – Microsoft agreed to pay $22 million and offer product adjustments to CISPE members to settle an antitrust criticism, avoiding larger fines and further investigation.

• Samsung’s Recent Galaxy AI Features – Samsung’s mobile chief TM Roh pronounces strategic AI developments to reclaim market share in China.

• Neuralink to Test Brain Implant on Second Patient Next Week – Elon Musk pronounces that Neuralink will soon test its brain-computer interface on a second patient, following a delay as a consequence of health concerns.

GOOGLE

Chrome browser was revealed to quietly add the power to spy on PCs.

Developer Luca Casonato posted a series of tweets on July 9. He revealed that Google has reserved a non-public API within the Chrome browser. This permits Google domains (resembling *.google.com) exclusive access to detailed system information.

The Details:

• Chrome’s Private API: Google has reserved a non-public API in Chrome that offers Google domains exclusive access to detailed system data, including CPU architecture and processor usage.

• Impact on Google Services: This API enables Google services, resembling Google Meet, to observe system resources more effectively, suggesting optimizations like closing tabs to alleviate CPU overload.

• Public Discovery and Response: The feature was dropped at light by developer Luca Casonato and further demonstrated by Simon Willison, who showed how the API responds in a different way when accessed from Google versus non-Google domains.

Why It Matters:

• Privacy Concerns: The exclusive access Google has to detailed system information via a non-public API raises significant privacy concerns, particularly regarding the transparency and control users have over their data.

• Competitive Fairness: This API could potentially give Google an unfair advantage by allowing its services to optimize performance based on data that isn’t available to competitors, resulting in questions on competitive fairness within the tech industry.

• Regulatory Implications: The invention of this private API might attract regulatory scrutiny regarding how tech giants manage user data and their dominance over the online ecosystems they assist create.

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AI CHIPS

Masayoshi Son buys “British Nvidia” at an enormous discount.

SoftBank, led by Masayoshi Son, has acquired the UK-based AI chipmaker Graphcore, also known as the “British Nvidia,” at a significantly reduced valuation, marking an 82% decrease from its peak.

The Details:

• Significant Valuation Drop: SoftBank’s acquisition reflects a drastic reduction in Graphcore’s valuation, purchasing the corporate at an 82% discount as a consequence of its financial struggles and market exit from China.

• Graphcore’s Market Challenges: Previously known for its high-performance AI chips, Graphcore faced significant challenges, including market exit from China, which was a serious potential revenue stream, amidst growing geopolitical and trade tensions.

• Strategic Acquisition by SoftBank: By acquiring Graphcore, SoftBank goals to integrate these advanced AI technologies with its existing investments in Arm, potentially creating synergies and enhancing its competitiveness in the worldwide AI and semiconductor markets.

Why It Matters:

• Impact on SoftBank’s AI Strategy: This acquisition is crucial for SoftBank’s technique to dominate the AI sector by combining Graphcore’s modern technology with Arm’s extensive semiconductor expertise, aiming to challenge the present market leaders like Nvidia.

• Way forward for AI Chip Market: The acquisition at a significantly reduced valuation highlights the volatile nature of the tech market, especially in sectors sensitive to geopolitical influences like AI chip manufacturing.

• Geopolitical Implications: Graphcore’s exit from China and subsequent acquisition by SoftBank underscore the impact of international politics on tech businesses, influencing global market dynamics and strategic decisions within the technology sector.

AI TOOLS

Trending AIs.

Featured AIs.

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TESLA

Tesla may delay its robotaxi reveal.

Tesla is pushing back its much-awaited robotaxi divulge to October. This delay has sparked doubts about considered one of Elon Musk’s biggest claims to vary transportation with a completely self-driving ride-hailing service.

The Details:

• Event Postponement: Originally scheduled for August 8, Tesla’s robotaxi event has been pushed to October to permit more time for developing prototypes, indicating possible challenges in meeting initial expectations.

• Impact on Tesla’s Guarantees: The delay brings into query Tesla’s commitment and capability to meet its promise of launching a groundbreaking AI-driven ride-hailing service, which is seen as a key component of its future growth strategy.

• Market Response: Following the news of the delay, Tesla’s stock price experienced a major drop, reflecting investor concerns concerning the company’s short-term prospects and its ability to execute on its AI ambitions.

Why It Matters:

• Investor Confidence: Delays in key projects just like the robotaxi rollout could affect investor confidence in Tesla’s ability to deliver on its ambitious AI and autonomous driving guarantees, that are central to its valuation.

• Innovation and Competition: The setback could impact Tesla’s positioning within the competitive autonomous vehicle market, where timely innovation and deployment are crucial for maintaining a lead.

• Long-term Strategic Implications: How Tesla addresses these delays and manages the rollout of its robotaxi service shall be critical for its long-term strategy in AI and autonomous transportation, influencing not only company performance but additionally the broader adoption of autonomous vehicles.

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