Kalakshar US

It emerged recently that Humane was trying to sell itself for as much as $1 billion after its confuddling, expensive and ultimately pretty useless AI Pin flopped. A New York Times report that dropped on Thursday shed a little more light on the company’s sales figures and, like the wearable AI assistant itself, the details are not good.

By early April, around the time that many devastating reviews of the AI Pin were published, Humane is said to have received around 10,000 orders for the device. That’s a far cry from the 100,000 it was hoping to ship this year, and about 9,000 more than I thought it might get. It’s hard to think it picked up many more orders beyond those initial 10,000 after critics slaughtered the AI Pin.

At a price of $700 (plus a mandatory $24 per month for 4G service), that puts Humane’s initial revenue at a maximum of about $7.24 million, not accounting for canceled orders. And yet Humane wants a buyer for north of $1 billion after taking a swing and missing so hard it practically knocked out the umpire.

HP is reportedly one of the companies that Humane was in talks with over a potential sale, with discussions starting only a week or so after the reviews came out. Any buyer that does take the opportunity to snap up Humane’s business and tech might be picking up somewhat of a poisoned chalice. Not least because the company this week urged its marks customers to stop using the AI Pin’s charging case over a possible “fire safety risk.”

This article originally appeared on Engadget at https://www.engadget.com/humane-is-said-to-be-seeking-a-1-billion-buyout-after-only-10000-orders-of-its-terrible-ai-pin-134147878.html?src=rss 

Microsoft is under investigation by the Federal Trade Commission over its deal with Inflection AI, according to The Wall Street Journal. Back in March, the company hired almost all of Inflection AI’s employees, including founders Karén Simonyan and Mustafa Suleyman, who was also a DeepMind cofounder. In addition, Microsoft paid Inflection AI $650 million to license its artificial intelligence technology. Now, the FTC wants to know whether the companies deliberately structured the deal to avoid being the subject of regulatory antitrust review. 

As The Journal notes, companies are required to report any acquisition that’s valued at $119 million or more to federal antitrust agencies. The FTC or the Justice Department could then investigate whether the deal stifles competition in the industry and then sue to block the merger or the investment that it deems to be anti-competitive. When companies want to hire all the talent in another firm, they typically buy the other out in an “acquihire.” But Microsoft didn’t buy Inflection, which denied that the bigger company has any power over it. Ted Shelton, its new COO, told the publication that it still operates as an independent company under new leadership. 

The FTC has already sent out subpoenas to both Microsoft and Inflection, asking for relevant documents over the past two years. If it does determine that the companies entered into an agreement in a way that would give Microsoft control over the other while dodging regulatory review, then Microsoft could be fined, and the transaction could be suspended pending a more in-depth investigation. 

US federal agencies have been cracking down on monopolistic practices by the world’s largest tech companies over the past few years. To be even more efficient in conducting antitrust investigations involving the current biggest players in artificial intelligence, the agencies have also just struck a deal on how they’re dividing their responsibilities. The Justice Department will take the lead in investigations involving NVIDIA, while the FTC will take charge of antitrust probes involving Microsoft and OpenAI.

This article originally appeared on Engadget at https://www.engadget.com/ftc-launches-an-antitrust-probe-into-microsofts-deal-with-inflection-ai-130038896.html?src=rss 

NewsBreak, a popular free news app in the US, has been publishing fictitious stories written by AI since 2021, according to Reuters. The app publishes licensed content from legitimate news sources, such as CNN, AP and Reuters itself, but it also uses artificial intelligence tools to rewrite press releases and local news. One of the most egregious examples of a false news story by NewsBreak was published on Christmas Eve last year. The app’s writeup claimed that there was a shooting in Bridgeton, New Jersey when no such incident took place. 

New Jersey’s police department dismissed the claims made in the article before the app, which said it got the information from another website, took it down four days later. In January, February and March, a Colorado-based food bank told Reuters that it had to turn people away because NewsBreak published the wrong time for food distribution. It also received no response from the company when it complained about its inaccurate reporting. 

Another charity in Pennsylvania said NewsBreak published a report, twice, that claimed it was holding a 24-hour foot-care clinic for homeless people when it wasn’t. The app removed all the false stories involving the charities after Reuters notified it. In March, it added a warning on its homepage that says its content “may not always be error-free,” as well. Aside from publishing erroneous stories, NewsBreak allegedly copied articles from websites without permission and had previously settled copyright infringement cases with at least two publications. Reuters describes NewsBreak as the “most downloaded US news app.” If you haven’t heard of it before, that’s probably because its users are predominantly women above the age of 45, who don’t have college degrees and who live in suburban and rural US. It’s known for posting links on social networks like Facebook, and clicking on one will prompt you to download the app. 

NewsBreak, which is only available in the US, launched in the country as a subsidiary of China-based company Yidian, which is partly owned by a Chinese state-linked media firm. Yidian is no longer connected with the app, but one of its primary investors is IDG Capital, a Beijing-based company that the Pentagon says is affiliated (PDF) with the Chinese military. 

Former employees told Reuters that NewsBreak’s China-based engineers do most of the work on its algorithms, even though the app presents itself as a US-based company with US investors. NewsBreak CEO Jeff Zheng told Reuters that it complies with US data and privacy laws and that it’s maintained on Amazon servers based in the United States. Its Chinese staff, Zheng said, can only access anonymous data stored on those servers. It’s worth noting that despite its connection to China, Reuters didn’t find evidence that NewsBreak has published stories that showed the Chinese government in a positive light. 

This article originally appeared on Engadget at https://www.engadget.com/popular-us-news-app-accused-of-using-ai-to-make-up-fake-stories-140016882.html?src=rss 

I’m the first to admit that the amount of joy Google Sheets brings me is a bit odd, but I use it for everything from tracking my earnings to planning trip budgets with friends. So, I’m excited to see that Google is making it easier to get notified about specific changes to my spreadsheet without me learning to code (something I’ve just never gotten into). The company has announced that Google Sheets is getting conditional notifications, meaning you can set rules in spreadsheets that send emails when certain things happen.

For example, you could set it to send you an email notification when a number drops below or above a certain amount or when a column’s value changes at all. You can also set rules that align more with a project manager tool, like getting a notification when a task’s status or owner changes. This tool only requires edit access, with anyone able to set notifications for themselves or others by entering their email addresses. Don’t worry, you can unsubscribe if someone starts sending you unwanted notifications.

To use conditional notifications, go to tools and then conditional notifications or just right-click in a cell. From there, click add rule (you can name the rule or let Google auto-label it) and then select a custom range or column. You can add additional criteria for the rule, such as exactly what a box should say for you to receive a notification. Then, you can manually input email addresses or select a column containing them. However, Google warns that if you do the latter, the number of cells must match the number included in the rule. So, if you have three cells in the rule, you can only highlight three cells with email addresses. If you get confused, Google gets into all the nitty-gritty of it here.

Google Sheet’s conditional formatting is available to anyone with the following workplaces: Businesses Standard and Plus, Education Plus and Enterprise Starter, Standard, Plus or Essential. It started rolling out for Rapid Release domains on June 4 and will begin showing up for Standard Release domains on June 18. In both cases, conditional formatting might take up to 15 days to appear.

This article originally appeared on Engadget at https://www.engadget.com/google-sheets-new-tool-lets-you-set-specific-rules-for-notifications-133030113.html?src=rss 

Google first launched NotebookLM, its AI-powered research tool, in summer 2023 and now the company is expanding its capabilities and access. In a new blog post, Google announced that NotebookLM is officially running on Gemini 1.5 Pro, an upgrade from the original Gemini Pro model that brings a host of new features. The research and writing assistant has also expanded to over 200 countries and territories. 

NoteBookLM works differently than many other AI-powered tools in that it only takes from the resources you provide, rather than a plethora of general knowledge. The research assistant has always accepted files such as transcripts, research notes and corporate documents from Google Docs or in PDF format, but now you can also upload Google Slides and web URLs. 

Other new features include letting you ask questions about images, charts and diagrams, along with including images in citations as further supporting evidence. Then there’s a boost to inline citations, which now bring you directly to the supporting passages so you can confirm the AI knows what it’s talking about. Plus there’s Notebook Guide, which will convert your sources into clear formats like FAQs and briefing docs. 

This article originally appeared on Engadget at https://www.engadget.com/googles-notebooklm-gets-gemini-15-and-extra-tools-133054595.html?src=rss