AI replaced the Metaverse as Meta's top priority; Microsoft surpasses Apple as world’s most valuable company

🤖 OpenAI launches the GPT Store. Link

• OpenAI has launched a GPT app store within its ChatGPT Plus subscription service for discovering and using customized AI chatbots.

• The GPT store features a variety of specialized bots developed by OpenAI's partners and community, with creators subsequently paid based on user engagement.

• Over 3 million GPTs have already been created, including tools for creative writing coaching, slide making, web development, and recipe creation.

🧠 AI replaced the Metaverse as Meta's top priority. Link

• Mark Zuckerberg has recently made AI a top priority for Meta, overshadowing the company's metaverse ambitions, especially as Meta approaches its 20th anniversary.

• Despite the metaverse's lack of widespread appeal resulting in significant losses, Zuckerberg's renewed focus on AI has been prompted by industry recognition and the need for company innovation.

• Meta's AI division has seen progress with notable achievements, like the creation of PyTorch and an AI bot that excels in the game Diplomacy, with Zuckerberg now actively promoting AI developments.

🦅 AI-powered binoculars that identify what species you're seeing. Link

• Swarovski Optik introduces the AX Visio smart binoculars with AI that identifies birds and animals using image recognition.

• The AX Visio binoculars combine traditional optical excellence with a 13-megapixel camera sensor and connectivity to mobile apps.

• These smart binoculars can recognize over 9,000 species and are priced at $4,800, targeting the higher end market of wildlife enthusiasts.

🥇 Microsoft surpasses Apple as world’s most valuable company. Link

• Microsoft became the world's most valuable company with a market cap of $2.88 trillion, surpassing Apple's $2.86 trillion.

• The rise in Microsoft's value is largely credited to its leadership in generative AI, bolstered by investments in OpenAI.

• Apple's shares declined after a weak start in 2024, along with concerns about demand, while Microsoft's shares gained from aggressive AI tool deployment.

📰 OpenAI in talks with CNN, Fox, Time to use their content. Link

• OpenAI is negotiating with CNN, Fox News, and Time Magazine to license their content for use in training its AI models.

• The firm aims to make ChatGPT more accurate by training on up-to-date content, as its current knowledge is limited to pre-January 2022 data.

• Legal disputes are rising, with the New York Times suing OpenAI and other AI companies for alleged unauthorized use of content in training their AI systems.