Sunday breakdown: Secret Service breach scare in DC, Iran oil storage hits capacity, China launches low-cost AI competitor – April 26

A 31-year-old guy just charged a Secret Service checkpoint with a long gun and knives.. He almost made it into the ballroom at the White House correspondents’ dinner.. Trump was rushed out while people were still eating their first course.. He just stood in the White House and promised this wouldn’t stop the war in …

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OpenAI plans to announce Google search competitor on Monday, sources say

May 9 (Reuters) – OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft (MSFT.O), opens new …

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Amazon $AMZN is developing its own ChatGPT competitor, an AI model called Olympus. Olympus is reported to have 2 trillion parameters, GPT-4 only has 1 trillion parameters. Amazon’s AI model could reportedly be unveiled as soon as December.

Amazon is working on a new AI model that could challenge the likes of ChatGPT and Bard. The new model, which is codenamed “Olympus,” is reportedly twice the size of OpenAI’s GPT-4. Amazon is doubling down on AI, investing $4 billion in Anthropic and unveiling an AI-powered Alexa. Amazon is building a new AI model …

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Elon Musk agrees with Joe Biden says China is NOT the enemy and just a “friendly competitor”

Elon Musk told Beijing officials that he’s against the US and China decoupling their economies. In a visit to the country, he described the US and China as “conjoined twins,” per a statement from China’s foreign ministry. That comes as US-China relations are under intense strain, raising concerns for firms with business in the country. …

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