Transcript
A (0:00)
We realized that businesses and organizations of all sizes really wanted the same things that consumers did. They wanted a massive selection with great prices and great value.
B (0:16)
Here's your morning TNB Tech minute for Monday, December 29th. I'm Julie Chang for the Wall Street Journal. Softbank Group has agreed to buy all outstanding shares of Digital bridge Group for $16 apiece. The companies said the price represents a 15 dol 15% premium to digital Bridge's closing share price Friday and that the deal is valued at about $4 billion, including debt. Digital Bridge is an asset manager dedicated to investing in digital infrastructure, including data centers, cell towers, fiber networks and edge infrastructure. Softbank said the buy will advance its mission to becoming a leading artificial superintelligence provider. Top psychiatrists are increasingly agreeing that using AI chatbots might be linked to cases of psychosis. In the nine months experts have seen or reviewed the files of dozens of patients who exhibited symptoms following prolonged delusion filled conversations with the AI tools. A UCSF psychiatrist says he's treated 12 hospitalized patients with AI induced psychosis and an additional three in an outpatient clinic. And a Danish study released last month found 38 patients whose use of AI chatbots had potentially harmful consequences for their mental health. Finally, during what has been a challenging year for publishers, audiobooks remain a relatively bright spot. Digital audiobook sales have been on a tear in recent years. In fact, last year sales jumped by nearly 24% to over $1 billion. That's according to the association of American Publishers. Audiobook sales growth did slow this year to nearly $888 million. But that's faring better than print book sales, which through early December were down 1% from the last year, according to book tracker Circana Bookscan. That's your TMB Tech Minute. Join us again this afternoon for more.
A (2:10)
The need has never been larger and greater to use AI. AI itself is a complex area. There's a lot of different types of AI and technology types trying to manage that and reduce complexity. It is a fundamental, you know, sea change that is happening.
