Adobe Strikes $1.9 Billion Deal for Software Provider Semrush

Adobe has announced its acquisition of SEMrush for $1.9 billion, aiming to enhance its AI marketing capabilities. The move has raised questions in the stock market about whether this is a strategic investment or an expensive attempt to catch up with competitors.

Prime Video is testing the use of artificial intelligence to create quick video recaps of popular TV shows through a new beta feature called 'Video Recap'.

TikTok is introducing a new feature that allows users to reduce the amount of AI-generated content in their feeds. This initiative aims to enhance user experience by providing individuals with greater control over the content they encounter on the platform.

TikTok has announced a new feature that allows users to reduce the amount of AI-generated content appearing in their feeds. This update aims to enhance user experience by giving individuals more control over the type of content they engage with. The decision reflects TikTok's commitment to addressing user preferences and concerns regarding the increasing presence of AI in social media.

Writer, a San Francisco-based AI startup, is launching a unified AI agent platform that allows employees to automate complex business workflows without coding. The platform, named Writer Agent, integrates chat-based assistance with autonomous task execution. Starting Tuesday, enterprise customers can use natural language to instruct the AI for tasks such as creating presentations and analyzing financial data, saving these workflows as reusable 'Playbooks' that run automatically.

The European Union is contemplating increased scrutiny for the cloud businesses of Amazon and Microsoft. This consideration comes amid ongoing discussions about the regulatory landscape for major technology companies, particularly in the context of market power and competition. The EU's assessment aims to determine if additional regulations are necessary to ensure fair competition in the cloud services sector.

An analyst from Redburn has downgraded Microsoft and Amazon, two leading technology companies on Wall Street, indicating a shift in sentiment towards generative artificial intelligence. The analyst suggests that the bullish outlook for this technology is no longer clear, advising caution when considering investments in hyperscalers. This downgrade reflects a growing skepticism about the future performance of these tech giants amidst changing market dynamics.