About
NetChoice is a trade association fighting for free speech and free enterprise online. This page is a new education project of NetChoice’s.
The goal of our Tech Competition webpage is to show how the abundance of competition in the tech industry benefits consumers through new exciting services, and market signals pushing businesses to constantly innovate and improve their offerings to their customers. We’ll keep this page updated frequently with news and facts that highlight the prevalence and impact of vigorous competition in U.S. tech markets.
If you have any further questions, please visit NetChoice.org/contact-us.
Posts
Tech Competition is Helping Americans. Here's How.
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Tuesday • February 25, 2025
X Rolls Out Grok-Powered AI Ads
Some Major Brands Like Apple, Amazon, Unilever and Kraft Returning to the Platform
Shortly after Elon Musk’s artificial intelligence (AI) startup xAI debuted an update to Grok-3 and launched DeepSearch, the billionaire entrepreneur’s social platform X announced two end-to-end Grok-powered ad-creation features. The first element, “Prefill with Grok,” is designed to generate promotions for brands based on a URL. “Input your website URL, and Grok will generate ad copy, imagery, and a call-to-action (CTA) headline tailored to your brand,” the company explained in a recent X post.
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Monday • February 24, 2025
Apple Vows to Build A.I. Servers in Houston and Spend $500 Billion in U.S.
The Company Pledged the Multibillion-Dollar Investment Over the Next Four Years and Said it Would Create 20,000 Jobs
Days after Apple’s chief executive met with President Trump, the company said on Monday that it planned to spend $500 billion and hire 20,000 people in the United States over the next four years and open a factory in Texas to make the machines that power the company’s push into artificial intelligence.
“We are bullish on the future of American innovation, and we’re proud to build on our longstanding U.S. investments,” Tim Cook, Apple’s chief executive, said in a statement. The company made similar, smaller pledges during the Biden administration and Mr. Trump’s first term, though it has not yet followed through on some of those promises.
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Friday • February 21, 2025
AI startup Genspark raises $100 million to compete with Google, source says
AI-Generated Search Results Can Offer a Single Answer With Citations
Search startup Genspark has raised $100 million in a series A funding round, valuing the startup at $530 million, according to a source familiar with the matter, as the race to use artificial intelligence to disrupt Google’s (GOOGL.O), opens new tab stranglehold on the search engine market heats up. The Palo Alto-based company currently has over 2 million monthly active users, and the round was led by a group of U.S. and Singapore-based investors, the source said.
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Tuesday • February 18, 2025
Musk’s xAI releases artificial intelligence model Grok 3
Musk’s xAI Releases Artificial Intelligence Model Grok 3
Elon Musk’s xAI on Tuesday unveiled its latest artificial intelligence model, Grok 3, claiming it can outperform offerings from OpenAI and China’s DeepSeek based on early testing, which included standardized tests on math, science and coding. “We’re very excited to present Grok 3, which is, we think, an order of magnitude more capable than Grok 2 in a very short period of time,” Musk said at a demonstration of Grok 3 that was streamed on his social media platform X. The team also said it was launching a new product called “Deep Search,” which would act as a “next generation search engine.”
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Friday • February 14, 2025
New Meta Reality Labs Division To Develop AI-Driven Humanoid Robots
New Meta Reality Labs Division To Develop AI-Driven Humanoid Robots
After splitting Reality Labs into “Wearables” and “Metaverse” divisions this past summer, Meta is further restructuring its virtual reality/augmented reality (VR/AR) hardware department by establishing a new unit focused on developing artificial intelligence (AI)-powered humanoid robots designed to assist with physical household tasks, according to an internal company memo.
In the memo, Meta CTO Andrew Bosworth says that the robotics product group will focus on research and development around “consumer humanoid robots” with a goal of “maximizing” the platform capabilities of Llama, the company’s family of automated open-source large language models.
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Wednesday • February 12, 2025
Adobe launches AI video tool to compete with OpenAI
Adobe Said the Service Will Generate Five-Second Clips at 1080p Resolution
Adobe on Wednesday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.
The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.
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