It’s time for Bits & Bytes…
… where we bring you news, innovations, and thought-provoking insights from AI, IT, and beyond. In this week’s newsletter we’re looking at:
Google’s AI-Powered Chrome Set to Revolutionize Web Tasks.
Meta’s AI Search Engine Challenges Big Tech.
Reddit Achieves First Profit Milestone Fueled by AI.
IN THE SPOTLIGHT
🌐Google’s Next Big Thing: AI That Runs Your Browser
Google is set to revolutionize web browsing with Project Jarvis, an AI agent launching with Gemini 2.0. This ambitious development promises to execute complex tasks autonomously, marking Chrome’s biggest update since 2008. While Gemini 1.5 Pro already assists with travel planning, Project Jarvis will handle everything from flight bookings to email confirmations with a single command.
Named after Iron Man’s AI assistant, the system could launch this December, joining the ranks of Anthropic’s Computer Use and OpenAI’s Swarm Framework in the race to transform how we interact with browsers.
TL;DR
Project Jarvis launches with Gemini 2.0 in December.
Executes complex web tasks autonomously.
Chrome’s biggest update since 2008.
Joins Anthropic and OpenAI in AI agent race.
TECH HEADLINES FROM ACROSS THE WEB
💪Open AI Is Building Its Own AI Chips
OpenAI is teaming up with Broadcom and TSMC to create its first custom AI chip by 2026, while adding AMD to its supplier roster alongside Nvidia. The ChatGPT maker’s 20-person chip team, led by former Google engineers, marks a strategic shift as the company tackles massive computing costs that are driving a projected $5 billion loss this year.
🔍Meta Plans To Topple Google and Microsoft in Search
Meta is quietly building its own AI-powered search engine to break free from Google and Microsoft dependencies. The eight-month project aims to revolutionize search across Facebook and Instagram with AI-generated summaries, backed by a fresh Reuters deal and active web crawlers – signaling Meta’s ambitious move to reshape how we search online.
💸Reddit’s First Profit Is Fueled by AI
Reddit marked a historic milestone with its first profit of $29.9 million in nearly 20 years, powered by a 68% revenue jump to $348.4 million. The platform’s winning strategy includes AI data deals with tech giants and expanded language support, pushing daily users past 97 million. CEO Steve Huffman plans to reach 30+ countries by 2025 through AI-powered translations.
TECH FOR GOOD
Apple quietly tested a prediabetes management app requiring employees to track blood sugar levels and food intake, showing users how different lifestyle choices impact their health. The initiative, though currently paused, was part of Apple’s broader 15-year quest for noninvasive glucose monitoring.
The tech giant’s exploration aligns with a growing focus on preventive healthcare, as companies like Dexcom and Abbott launch over-the-counter continuous glucose monitors. While Apple has stepped back to focus on other health features, its research could help millions manage their prediabetes more effectively.
Interested in contributing a story to next week’s tech newsletter? Hit us up and let’s collab 💥
The post This Week in Tech: Google Aims For AI-Powered Chrome and Reddit’s Achieves First Profit appeared first on ChannelBytes.
