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  • 🤖 Google's Highly Anticipated GPT-4 Rival, Gemini, Set to Transform AI Landscape

🤖 Google's Highly Anticipated GPT-4 Rival, Gemini, Set to Transform AI Landscape

Today: Amazon Prime Ads 2024 | iPhone 15 Charging Limit | Google's Gemini vs GPT-4

Hello!

It's Monday, September 25. The technology sector continues to evolve at an unprecedented pace. From Unity's pricing overhaul to Microsoft's monumental Activision deal, no shortage of news could impact your next big decision. Dive into today's headlines to stay ahead of the curve.

  • Unity Revamps Pricing for Developers

  • Amazon Prime to Introduce Ads in 2024

  • Google's Gemini Rivaling GPT-4

  • Meta Targets Youth with AI Chatbots

  • Microsoft's $68.7B Activision Deal Approved in the UK

  • iPhone 15's 80% Charging Limit Feature

  • and more…

READ TIME: 6.5 MINUTES

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Tech Companies

Unity has revised its pricing model in response to developer backlash, no longer charging Unity Personal subscription plan users the new fee and upping the revenue cap to $200,000. The fee will apply only to games created with the next version of Unity, released in 2024 or later. Unity also reinstates the option for developers to use the TOS corresponding to their Unity version. Unity has made changes to its previously unclear runtime fee policy, offering developers the choice of a 2.5% revenue share or a calculated amount based on engagement metrics. The company has also shifted from proprietary software to self-reporting for revenue.

💡 Why does this matter?

Unity's updated pricing model reflects a dynamic shift from its initial plan, potentially benefiting game developers by increasing revenue caps and giving options on fee payments. These changes may present opportunities for cost-effective game development and greater revenue. However, re-established trust between Unity and its developer community will be crucial to the success of the new policies.

K.L - Business Edge

Amazon will introduce limited advertisements to its Prime Video service in the US, UK, Germany, and Canada in 2024, alongside a $2.99 per month ad-free option in the US.

💡 Why does this matter?

Amazon's move to introduce limited ads in Prime Video and then offer an ad-free tier at a premium could diversify its monetization strategy and provide more marketing spaces. This allows tech marketers, advertising tech, and viewers choosing between streaming platforms to recalibrate alignment of cost, content, and user experience. The trend is clear in streaming. Ads are coming.

K.L - Business Edge

A high-profile lawsuit challenging Amazon's market dominance could be launched next week, a key measure in the Biden administration's effort to curb tech giants' power. Success could trigger a court-mandated upheaval of Amazon's $1.35 trillion emporium. This lawsuit represents a crucial move for Khan, who previously penned the antitrust case against Amazon.

According to government sources, Apple intends to quintuple its production in India to approximately $40 billion - about Rs 3.32 lakh crore - within the next four to five years.

X, previously Twitter, is plummeting in the App Store rankings following a name change, dropping over 30 places in 'Top Downloaded', despite a new, clearer tagline.

EU antitrust enforcers hit Intel with a $400 million fine in an ongoing lawsuit, citing illicit sales tactics to outmaneuver AMD, a smaller rival.

AI Corner

Google is readying to debut Gemini, its next-generation, multimodal AI model, aimed directly as a counter to OpenAI's GPT-4. Borrowing techniques from DeepMind-developed AlphaGo, Gemini is anticipated to improve on natural language processing capabilities, bolstered by enhanced code-generating abilities. With Google's unique access to consumer product data and advanced chips, Gemini is expected to provide an enriched user experience by accurately understanding user intentions and generating fewer inaccuracies.

💡 Why does this matter?

Google's upcoming Gemini, poised to rival OpenAI's GPT-4, could revolutionize the AI industry with its multimodal features. The launch can presents new opportunities by potentially offering superior natural language processing and greater accuracy.

K.L - Business Edge

Meta Platforms is developing unique AI chatbots to attract younger users and boost user engagement across its social media applications. Despite potential challenges, the move aligns with Meta’s focus on the younger audience.

💡 Why does this matter?

Meta's plan to introduce AI chatbots with distinctive personalities could provide a potent tool for enhancing user engagement, especially among young users. If successful, it could fortify its competition with platforms like TikTok. However, with previous AI bots causing some issues, the execution will be critical. Opportunities may emerge for partners able to forge personalized and entertaining bot personalities to increase interaction time.

K.L - Business Edge

Microsoft and Google have launched generative AI tools, such as Microsoft's Copilot, aimed at simplifying tasks in the enterprise space. These tools, integrated into everyday work software, will enhance productivity and automate office tasks.

Lyft's new CEO has expressed discomfort with surge pricing, but acknowledges its inevitability, according to Axios. Temporarily increasing prices when demand is high and drivers are few is a significant revenue booster for rideshare companies like Lyft and Uber.

AndroidPolice outlines top ChatGPT extensions, highlighting key details on usability and compatibility, valuable for tech professionals and artificial intelligence enthusiasts.

Markets & Money

Electric scooter rental company Bird, failed to maintain a market capitalization above $15 million resulting in the suspension of its stock by the New York Stock Exchange. Its shares will now be traded over-the-counter. Amid the pandemic's impact and mounting losses, Bird's stock value fell by 80% this year. The delisting follows Bird's acquisition of scooter startup, Spin, for $19 million.

The UK's Competition and Markets Authority (CMA) has provisionally approved Microsoft's $68.7 billion acquisition of Activision Blizzard. Approval was granted following revisions to the deal, including selling Activision's cloud gaming rights to Ubisoft.

💡 Why does this matter?

The UK regulator's provisional approval of Microsoft's $68.7 billion acquisition of Activision Blizzard dissolves major competition concerns. It paves the way for future deals involving gaming rights, potentially changing the landscape for tech giants and creating opportunities for cloud gaming advancements.

K.L - Business Edge

Due to accelerating geopolitical tensions and complex investment landscapes, venture capital firm GGV Capital is splitting its US and China operations into independent entities. The transition is slated for completion by Q1 2022.

Apps & Gadgets

Apple has appointed Tim Millet, its Vice President of Platform Architecture, to head the Apple Watch glucose monitoring project, potentially enhancing Apple's standing in the health tech space.

A forthcoming promo video details enhanced camera features for Google's Pixel 8 series, including Pro controls, Real Tone, Night Sight, and Super Res Zoom. The series’ design mirrors its predecessors.

Apple's iPhone 15 series introduces an 80% limit to battery charging in response to previous battery capacity issues, with periodic full charges to maintain accuracy.

Streaming services are adopting ad-based revenue models, indicating a shift from subscription-only strategies to adapt to changing viewer habits.

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