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WSJ Tech News Briefing

TNB Tech Minute: Google Launches AI That Generates Text, Pictures and Audio

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 11 December 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus, the Supreme Court declines to rule on an Nvidia investor case. And Japanese crypto exchange Coincheck rallies on its first day of trading. Belle Lin hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

exchanges, the Goldman Sachs podcast featuring exchanges on the forces driving the markets and the

0:06.9

economy, exchanges between the leading minds at Goldman Sachs. New episodes every week. Listen now.

0:16.3

Here's your TNB Tech Minute for Wednesday, December 11th.

0:21.5

I'm Bellin for the Wall Street Journal.

0:24.1

Google has opened access to the newest version of its artificial intelligence technology

0:30.1

called Gemini 2.0 Flash Experimental.

0:34.0

It can generate text, images, and audio from a single application.

0:39.1

The new technology will also power a feature called Deep Research, which lets users who pay

0:45.1

for Gemini request detailed reports based on AI-conducted internet searches.

0:50.2

The search giant is betting on this type of AI system in its latest bid to stand out in the growing and competitive consumer AI business.

0:59.9

The U.S. Supreme Court has dismissed an investor case against the AI chipmaking giant NVIDIA,

1:06.4

allowing most of the claims to proceed in a lower court.

1:09.9

The case stems from allegations that

1:12.2

NVIDIA understated how much money it was making from the crypto boom more than five years ago.

1:18.0

Investors alleged that NVIDIA classified revenue it knew was coming from crypto mining

1:23.1

under its video game graphics business and therefore misled them.

1:28.0

In 2022, NVIDIA agreed to pay the Securities and Exchange Commission $5.5 million

1:34.4

for inadequate disclosures regarding its business with the crypto industry.

1:39.0

An NVIDIA spokesman said the company would have preferred an affirmation of a trial court's dismissal of the

1:45.0

case, but was fully prepared to continue its defense. And Japanese cryptocurrency exchange

1:51.7

Coin Check rallied as it went public on the NASDAQ stock market, becoming the second crypto

1:57.7

exchange listed in the U.S. after Coinbase Global. Shares of Coincheck rose

...

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