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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Thursday • July 18, 2024
Meta in Talks to Buy Stake in Eyewear Giant EssilorLuxottica
The Facebook Owner Already Has a Partnership With the European Company to Make its Ray-Ban Smart Glasses
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Tuesday • July 16, 2024
Hugging Face’s SmolLM models bring powerful AI to your phone, no cloud required
These Models Bring Advanced AI Capabilities to Personal Devices
Hugging Face today unveiled SmolLM, a new family of compact language models that surpass similar offerings from Microsoft, Meta, and Alibaba’s Qwen in performance. The SmolLM lineup features three sizes — 135 million, 360 million, and 1.7 billion parameters — designed to accommodate various computational resources. Despite their small footprint, these models have demonstrated superior results on benchmarks testing common sense reasoning and world knowledge.
Loubna Ben Allal, lead ML engineer on SmolLM at Hugging Face, emphasized the efficacy of targeted, compact models in an interview with VentureBeat. “We don’t need big foundational models for every task, just like we don’t need a wrecking ball to drill a hole in a wall,” she said. “Small models designed for specific tasks can accomplish a lot.”
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Monday • July 15, 2024
Microsoft’s new AI system ‘SpreadsheetLLM’ unlocks insights from spreadsheets, boosting enterprise productivity
The Research Paper Addresses the Challenges of Applying AI to the Widely Used but Complex Spreadsheet Format
Microsoft researchers have unveiled “SpreadsheetLLM,” a new AI model designed to understand and work with spreadsheets, in a significant development for the world of enterprise AI. The research paper, titled “SpreadsheetLLM: Encoding Spreadsheets for Large Language Models,” was recently published on arXiv and addresses the challenges of applying AI to the widely used but complex spreadsheet format.
SpreadsheetLLM combines the power of large language models (LLMs) with the structured data found in spreadsheets. “SpreadsheetLLM is an approach for encoding spreadsheet contents into a format that can be used with large language models (LLMs) and allows these models to reason over spreadsheet contents,” the researchers note, highlighting the critical need for improved AI tools in this area.
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Friday • July 12, 2024
OpenAI is ‘going to build a search product’
The Atlantic Confirms it Has Granted Permission for its Content to be Included in OpenAI’s Search Product
OpenAI didn’t launch its heavily rumored search product earlier this year, but it’s coming. This was confirmed in a new interview with The Atlantic’s CEO Nicholas Thompson.
ChatGPT search could become “an important way that people navigate the internet,” so it would be “better for us to be in it than to not be in it, and also to help shape it than not help shape it,” Thompson told The Verge. He also said:
“They have said that they’re going to build a search product. They have not launched the search product, but they have said they would build it. We have allowed them to include The Atlantic in their search product.”
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Friday • July 12, 2024
Amazon’s AI shopping assistant rolls out to all users in the US
Rufus Will Answer Questions About Shopping and Also Politics
Amazon’s AI shopping assistant, Rufus, is rolling out to all users in the US on Amazon’s mobile app. You can pull up the shopping assistant by tapping the orange and blue icon in the right corner of the app’s navigation bar, where Rufus can answer questions, draw comparisons between items, and give you updates on your order.
Amazon first introduced Rufus in February but only made it available to a small group of users. Rufus uses Amazon’s product listing details, reviews, and community Q&As, along with some information from the web, to inform its answers.
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Friday • July 12, 2024
Standard Bots reels in $63M for its AI-powered robotic arms
The VC Firm Was Joined by the Amazon Industrial Innovation Fund and Samsung Next
Standard Bot’s flagship product is a $37,000 robotic arm called the RO1. It can lift up to 40 pounds and has a reach of about four feet. The RO1 comes with a portable base, which removes the need to embed the robot into a factory floor’s concrete floor and thereby reduces installation costs.
Under the hood, the system ships with a built-in graphics processing unit. The RO1 uses the chip to run artificial intelligence models that allow it to complete tasks even in the face of unexpected challenges. The algorithms can maneuver the robotic arm around any objects that might be in its way, as well as adapt to production line changes.
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