Generation AI: the war of a hundred models

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STORY: From why Tesla stock got a sudden boost, to how China faces the “war of a hundred models”, this is Generation AI.

Tesla stock soared on Monday...

after Morgan Stanley said it was set to get a big boost from artificial intelligence.

The firm’s Dojo supercomputer is going to train AI models for autonomous cars.

Analysts at the bank say that could boost Tesla’s value by nearly $600 billion.

Joe Biden was in Vietnam, with artificial intelligence high on the agenda.

The White House announced plans for Microsoft to create AI solutions tailored to the country and other emerging markets.

It also said chipmaker Nvidia would partner with firms there to develop the technology.

Facebook-parent Meta is getting serious about AI.

The Wall Street Journal says it’s developing a model meant to match the power of ChatGPT.

It will reportedly be aimed at helping businesses build services.

Four U.S. lawmakers have launched a bipartisan bid to ban misleading election ads made with AI.

Democrat Amy Klobuchar and Republican Josh Hawley were among the group to put forward the legislation.

It would prohibit the use of AI that creates content that falsely depicts candidates in political advertisements.

And Chinese AI systems keep proliferating.

Gaming giant Tencent released one for use by companies.

And Alibaba said its offering was now available to the public.

Tencent’s vice president says the “war of a hundred models has begun”.