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Daily Tech Headlines
Anthropic Commits $200 Billion to Google for Cloud and Chip Access - DTH
00:05:04
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Want to get this show ad free? Head to dailytechnewshow.com subscribe to find out how.
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This episode is brought to you by Capital One Capital One's tech team isn't just talking about multi agentic AI. They already deployed one. It's called Chat Concierge and it's simplifying car shopping using self reflection and layered reasoning with live API checks. It doesn't just help buyers find a car they love, it helps schedule a test drive, get pre approved for financing and estimate trade in value. Advanced, intuitive and deployed. That's how they stack. That's technology at Capital One.
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These are the daily tech headlines for Wednesday, 5-6-20. I'm Rob Dunwood. The Information reports that Anthropic has committed to paying Google $200 billion over five years for cloud and chip access, contributing to a $2 trillion revenue backlog among major providers like Amazon and Microsoft. While These investments in AI startups like Anthropic and OpenAI are currently lucrative, the high server cost and resource strains on data centers raise concerns about the long term sustainability of these circular deals. The Commonwealth of Pennsylvania has filed a lawsuit against Character AI alleging that one of his chatbots impersonated a licensed psychiatrist in violation of state medical licensing laws. The state claims the chatbot named Emily fabricated medical credentials and provided advice for depression during testing, while Character AI maintains that it provides clear disclaimers regarding the fictional nature of its characters and advises against relying on them for professional advice. This lawsuit marks the first legal action specifically targeting AI tools from misleading users into believing they are rece legitimate medical care. Google is enhancing its AI search by integrating firsthand perspectives from platforms like Reddit and social media, aiming to provide users with more authentic human led advice alongside traditional results. These updates include adding creator details to conversational sources, providing links to relevant blogs for broader context, and highlighting new subscriptions to prioritize trusted information within AI powered responses. OpenAI has updated ChatGPT's default model to GPT 5.5 Instant, which significantly reduces hallucinations and inaccurate claims while offering more direct, personalized responses. The update includes a new memory sources feature that gives users greater control and visibility over the information used to personalize their chats, with a rollout that started May 5 for all subscribers and a broader release for free users in the coming weeks. Despite a string of successful software releases and popular theme park attractions, Nintendo stock is experiencing its longest decline in a decade due to investor concerns over the switch 2's profitability. Analysts are divided on whether Nintendo should raise the console's $450 price tag to hedge against the rising component in shipping costs, with some fearing a price hike could dampen consumer demand, while others argue it is necessary to stabilize the share price as software sales remain tepid and the company currently sells hardware at a loss. All eyes are on the Upcomin earnings briefing to see if President Shuntaro Fukukara will adjust the pricing strategy to avoid a repeat of the Wii U's failure. Google's DeepMind employees in the UK have voted to unionize with the Communication Workers Union and unite the union. Primarily driven by ethical concerns regarding the company's contracts with the U.S. department of Defense and the potential military use of their AI technology. The workers are seeking to establish an independent ethics oversight body and the right to conscientiously object to projects that could cause harm, especially following reports of Google's expand involvement with the Israel Defense forces and a $1.2 billion cloud contract with the Israeli government. Apple has agreed to a $250 million settlement in a class action lawsuit over misleading advertisements regarding the launch of its advanced Siri Assistant. Although Apple showcased a personalized Siri at WWDC 2024 as part of Apple Intelligence, the feature failed to ship for nearly two years, leading to the claims that the iPhone 15 Pro and iPhone 16 buyers were misled. The settlement, which awaits judicial approval, offers to affected users without requiring Apple to admit fault. While some Apple intelligence features were rolled out the context aware Siri was delayed until a Projected release with iOS27. Facilitated by a new partnership with Google, Morgan Stanley is expanding its cryptocurrency presence by launching spot trading on its E trade platform, offering a competitive fee of 50 basis points to undercut rivals like Coinbase, Robinhood and Charles Schwab. Driven by a shift in the US Regulatory environment and growing client interest, the bank is also rolling out crypto EFTs, pursuing a national Trust bank charter for custody services and planning institutional offerings for tokenized equities. This aggressive strategy aims to integrate traditional and decentralized finance, positioning Morgan Stanley to capture significant market share from established digital native exchanges. And finally, Google DeepMind has partnered with Ferris Creations to train AI on the complex social and economic systems of the space themed RPG Eve Online. As part of the deal following CPC games repurchase From Pearl Abyss, DeepMind took a minority stake in Icelandic Studio to research long term planning and behavior with the game's virtual society. Researchers aim to use Eve Online's intricate environment for social situations while helping Fenris Creations improve the game and develop its upcoming titles, E Frontier and E Vanguard. For more analysis of the tech news of the day, subscribe to DailyTreeNewsHow.com, you can find show notes and links to all the headlines there as well. Thanks for listening. We'll talk to you next time.
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this episode is brought to you by Capital One. Capital One's tech team isn't just talking about multi agentic AI. They already deployed one. It's called Chat Concierge and it's simplifying car shopping using self reflection and layered reasoning with live API checks. It doesn't just help buyers find a car they love, it helps schedule a test drive, get pre approved for financing and estimate trade in value. Advanced, intuitive and deployed. That's how they stack. That's technology at Capital One.
- [07:26]
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You're listening to this podcast, so I know you've got a curious mind. Here's a helpful fact you might not know yet. Drivers who switch and save with Progressive save over $900 on average. Pop over to progressive.com, answer some questions and you'll get a quick quote with discounts that are easy to come by. In fact, 99% of their auto customers earn at least one discount. Visit progressive.com and see if you can enjoy a little cash back. Progressive Casualty Insurance Company and affiliates national average 12 month savings by $946 by new customers surveyed who saved with Progressive between June 2024 and May 2025. Potential savings will vary.