TikTok to give users power to reduce amount of AI content on their feeds

Larry Summers has resigned from the board of OpenAI following public backlash over emails exchanged with Jeffrey Epstein. The former U.S. Treasury Secretary faced criticism for his frequent communication with Epstein, a convicted sex offender, which has raised questions about his judgment and associations.

Microsoft and Nvidia have made a significant investment in Anthropic as part of a cloud services deal. This move follows a similar agreement between OpenAI and Amazon, highlighting the competitive landscape in the artificial intelligence sector. The collaboration aims to enhance cloud capabilities and leverage Anthropic's expertise in AI development, positioning both Microsoft and Nvidia to strengthen their offerings in the rapidly evolving tech market.

Google CEO Sundar Pichai has cautioned users against 'blindly' trusting artificial intelligence tools. He emphasized the potential for errors in AI outputs and the necessity for users to critically evaluate the information provided by these technologies. Pichai's warning highlights the importance of understanding the limitations of AI in decision-making processes.

Global stock markets continue to decline, with major indices in Europe dropping over 1%. The UK's FTSE 100 fell by 0.9%, while Germany's Dax and France's CAC both saw losses of 1.3% and 1.5%, respectively. The S&P 500 also experienced its third consecutive loss, marking its worst three-day performance since April. Concerns surrounding the artificial intelligence sector, particularly regarding Nvidia's upcoming earnings and the US payrolls report, are contributing to the market's instability.

The cryptocurrency market has lost over $1 trillion in value over the past six weeks, with Bitcoin reaching its lowest price since April. This decline is attributed to concerns about a potential tech bubble and diminishing expectations for a US interest rate cut next month. The total market value, which tracks more than 18,500 coins, has decreased by a quarter since early October, according to CoinGecko data. The FTSE 100 index has also fallen as warnings about irrational behavior in the AI sector emerge.

Sundar Pichai, the CEO of Alphabet, cautioned against placing blind trust in artificial intelligence tools, highlighting their susceptibility to errors. In an interview with the BBC, he emphasized the importance of using AI models in conjunction with other resources to mitigate potential misinformation. Pichai's remarks come amid growing concerns about the reliability of AI technologies and the implications of a potential AI bubble burst.