Google and Microsoft showcased their advancements in AI at events like Microsoft Build and Google I/O, with Google making significant strides in AI assistant technology and AR glasses while Microsoft unveiled new AI features and agents.
OpenAI made a major move by acquiring Jony Ive's startup, signaling a growing presence in the AI space alongside companies like Anthropic, which released new models.
AI was a focal point at tech events like Dell Tech World and Red Hat Summit, where companies emphasized AI's role in enterprise technology and innovation.
Political tensions influenced tech, with Trump threatening tariffs on Apple and Nvidia CEO criticizing US curbs on AI chip sales to China.
Upcoming earnings reports from companies like Nvidia, Dell, Salesforce, and more are anticipated in the tech industry.
Google and Microsoft intensified their AI competition at their respective events, introducing new AI models, features, and tools to enhance user experience and streamline development.
Google focused on building a universal AI assistant and enhancing search capabilities with AI, while Microsoft introduced tools for AI agent development and platform security.
At Google's I/O conference, DeepMind CEO Demis Hassabis and Google co-founder Sergey Brin shared insights on AI advancements and the path to achieving artificial general intelligence (AGI).
OpenAI launched new models, including Claude Opus 4 and Sonnet 4, contributing to the growth of AI applications across various sectors.
In the enterprise realm, companies like Dell and Red Hat emphasized the integration of AI into their offerings, signaling a shift towards AI-driven solutions for businesses.
Key financial movements include OpenAI's acquisition of Jony Ive's startup, Snowflake's positive earnings, and various funding rounds for AI-focused startups.