Author: franperez66q@protonmail.com

With Mark Zuckerberg counting on Meta’s new artificial intelligence model, Muse Spark, to revive his company’s standing in the booming AI market, guidance and commentary are going to be of heightened importance following first-quarter earnings on Wednesday. That’s because the new model, formerly codenamed Avocado, was unveiled in early April, just as the second quarter was getting underway. Muse Spark marks a turning point in Meta’s AI strategy, moving it away from the previous Llama models, which were released for free to the open-source community. Meta indicated that it eventually wants to make money from the technology by offering paid…

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USA

Shares of Nvidia fell a bit on Tuesday after a WSJ report raised questions about OpenAI growth targets and the whole AI complex.Options traders used the sell-off as an opportunity to make bullish bets that the chipmaker will return to all-time highs.Up until Tuesday, Nvidia options had been cheaper to trade than in the VanEck Semiconductor ETF (SMH), a result of its tight trading range for much of the past year. That changed today as implied volatility rose alongside the price and traders piled into the stock with a mostly bullish bias.Traders now expect upwards of an 10% move in…

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The Federal Communications Commission is seeking an early review of Disney’s broadcast station licenses following concerns around the company’s diversity, equity and inclusion efforts, according to a letter from FCC Chairman Brendan Carr Tuesday. The letter orders the company to file for early renewal for ABC-owned television stations. The letter noted the action is related to the investigation into Disney’s DEI efforts, which began last year. ABC-owned station licenses were originally up for renewal between 2028 and 2031. Disney confirmed on Tuesday that it received the FCC’s order initiating an accelerated review of its licenses. The FCC said in the letter…

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GitHub has announced that it will be shifting to a usage-based billing model for its GitHub Copilot AI service starting on June 1. The move is pitched as a way to “better align pricing with actual usage” and a necessary step to keep Copilot financially sustainable amid surging demand for limited AI computing resources. GitHub Copilot subscribers currently receive an allocation of monthly “requests” and “premium requests,” which are spent whenever they ask Copilot for help from an AI model. But those broad categories cover many different AI tasks with a wide range of total backend computing costs, GitHub says.…

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FILE PHOTO: FBI Director James Comey testifies before the House Intelligence Committee hearing into alleged Russian meddling in the 2016 U.S. election, on Capitol Hill in Washington, U.S., March 20, 2017.Joshua Roberts | ReutersFormer FBI Director James Comey has been indicted on charges alleging he threatened President Donald Trump when he posted an image of seashells spelling out “8647” on his Instagram account last year, a source familiar with the matter told MS NOW.The charges, which have yet to be made public, mark the second time that Comey has been indicted in a federal case since Trump’s second presidential term…

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File: Visitors pass an Airbus SAS A320 aircraft on the second day of the Farnborough International Air Show in Farnborough, U.K., on Tuesday, July 10, 2012.Matthew Lloyd | Bloomberg | Getty ImagesAirbus reported quarterly profits that halved from a year ago late Tuesday, as deliveries of its best-selling aircraft slowed.First-quarter sales came in at 12.65 billion euros ($14.82 billion) while earnings per share (EPS) were 74 euro cents. Analysts polled by FactSet had expected sales of 12.58 billion euros and EPS of 44 euro cents. On an adjusted basis, operating profit declined by 52% to 300 million euros, down from…

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Shares of companies tied to artificial intelligence infrastructure fell Tuesday after a report that OpenAI has fallen short of internal growth expectations, raising fresh questions about whether the pace of spending across the sector is sustainable.Oracle, which has a $300 billion, five-year partnership to supply computing power to OpenAI for AI operations, dropped more than 3%. Chipmakers including Nvidia, Broadcom and Advanced Micro Devices declined between roughly 3% and 4%. Qualcomm initially pulled back more than 3% Tuesday but bounced back into the green in afternoon trading. The stock had gotten a slight boost Monday on reports it is working…

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