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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.
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Posts
Tech Competition is Helping Americans. Here's How.
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Friday • December 6, 2024
Meta AI has ‘nearly’ 600 million monthly users
The Company Also Released its Latest Llama 3.3 Model
Meta’s aggressive push to make its AI assistant a ubiquitous presence in its apps continues to pay off. Meta AI is on the verge of passing its next major milestone, with “nearly” 600 million monthly users, Mark Zuckerberg shared in an update. Meta AI, which debuted last fall, passed 500 million users back in October.
The update came alongside the release of Meta’s latest Llama 3.3 70B model. According to Meta, the latest text model has “similar performance to the Llama 3.1 405B model,” but comes “at a fraction of the cost.” Ahmad Al-Dahle, VP of generative AI at Meta posted a chart on X that showed Llama 3.3 scored higher on several benchmarks compared with Google’s Gemini Pro 1.5 and OpenAI’s GPT-4o.
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Wednesday • December 4, 2024
ChatGPT now has over 300 million weekly users
During the NYT’s DealBook Summit, OpenAI CEO Sam Altman said users send over 1 billion messages per day to ChatGPT.
ChatGPT now has over 300 million people using the AI chatbot each week. OpenAI CEO Sam Altman revealed the milestone during The New York Times’ DealBook Summit on Wednesday, which comes just months after ChatGPT hit 200 million weekly users in August.
“Our product has scaled … now we have more than 300 million weekly active users,” Altman said. “We have users sending more than 1 billion messages per day to ChatGPT.”
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Tuesday • December 3, 2024
Apple says it uses Amazon’s custom AI chips
Apple is Currently Using Amazon Web Services’ Custom Artificial Intelligence Chips For Services Like Searching
Apple is currently using Amazon Web Services’ custom artificial intelligence chips for services like search and will evaluate if the company’s latest AI chip can be used to pretrain its models like Apple Intelligence.
Apple revealed its usage of Amazon’s proprietary chips at the annual AWS Reinvent conference on Tuesday. Benoit Dupin, Apple’s senior director of machine learning and AI, took the stage to discuss how Apple uses the cloud service. It’s a rare example of the company officially allowing a supplier to tout them as a customer.
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Thursday • November 21, 2024
Apple is reportedly working on ‘LLM Siri’ to compete with ChatGPT
A More conversational Siri Could Arrive in 2026
Apple is planning a major AI overhaul of Siri that will make the digital assistant more like OpenAI’s ChatGPT and Google’s Gemini Live, according to a report from Bloomberg’s Mark Gurman. The assistant, reportedly called “LLM Siri,” will be powered by Apple’s AI models and will let users have more conversational, natural-sounding interactions with Siri.
As part of Apple’s plan to infuse its iPhones with AI, Bloomberg says the company will make Siri better at handling more advanced tasks. The assistant will have an “expanded” ability to use App Intents to interact with third-party apps, while also using Apple Intelligence to summarize and write text, too.
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Wednesday • November 20, 2024
Elon Musk’s xAI Startup Is Valued at $50 Billion in New Funding Round
The Artificial-Intelligence Company Has More Than Doubled its Valuation Since the Spring
Elon Musk’s artificial-intelligence startup, xAI, has told investors it raised $5 billion in a funding round valuing it at $50 billion—more than twice what it was valued at several months ago.
Qatar’s sovereign-wealth fund, Qatar Investment Authority, and investment firms Valor Equity Partners, Sequoia Capital and Andreessen Horowitz are expected to participate in the round, according to people familiar with the matter. The financing brings the total amount xAI has raised to $11 billion this year.
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Thursday • November 14, 2024
Elon Musk spent roughly $10 billion on AI training hardware in 2024
Enough To Be Competitive?
Tesla and xAI, Elon Musk’s companies, will bring online $10 billion worth of training compute capacity by the end of this year, as observed by Sawyer Merritt, a co-founder of TwinBirch and a Tesla investor. And yet, it probably means that both companies will be somewhat behind schedule set by Elon Musk.
Elon Musk and his companies have recently been actively making announcements about AI supercomputers, so indeed, we are talking about huge investments.
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