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"Microsoft-OpenAI" combination raises EU alert, antitrust officials confirm investigation has been launched.
① The EU stated that it is currently exploring the possibility of conducting a traditional antitrust investigation to determine whether the cooperation between the two giants has harmed competition in the fast-growing market. ② As a major investor in OpenAI, Microsoft has invested at least 13 billion US dollars since the two sides started cooperation in 2019.
Australian PM Slams Meta As Arrogant And Irresponsible, Urges Payment To News Outlets: 'They Should Fulfill The Commitments That They Had Previously Given'
The AI talent competition is heating up! Amazon has hired Adept founder to strengthen its layout in AGI research and development.
①Amazon has reached an agreement with the AI startup Adept to hire top talents from Adept and has authorized to obtain the company's technology; ②This cooperation has provided a way out for Adept, which focuses on developing AI agents and is currently in a more crowded market; ③At the same time, Amazon is also trying to increase its development efforts in AI technology.
Meta's Ray-Ban Smart Glasses Face New Rival Powered By OpenAI's ChatGPT
US stocks ended the first half of the year with a 14% increase, of which 60% came from the top five technology stocks. Nvidia alone contributed more than 30%.
In the first half of the year, nearly 60% of the stock market's gains were contributed by only five technology giants - Nvidia, Microsoft, Amazon, Meta and Apple, with only Nvidia alone contributing a rise of 31%. In the second quarter, the three companies Nvidia, Apple and Microsoft contributed over 90% of the large cap gains.
US stocks closed lower on the last day of June with all three major indexes down. The AI-driven Nasdaq rose 18% in the first half of the year, while Nvidia soared 149%.
After hitting a new high, the S&P and Dow fell together, possibly due to Goldman Sachs and JPMorgan bearish on US stocks. Amazon, Google, and Microsoft fell from their recent highs, while most chip stocks rose. However, Nvidia rose 3% before falling 0.4% as the AI hype drove the Nasdaq up 18% and the S&P up 14.5% in the first half of the year.