Today’s top business headlines: Google unveils a new LLM, Arm’s stock soars, and the FCC bans AI robocalls

9 Feb 2024


Google’s AI announcement: Google has announced plans to incorporate its Gemini large language models into a new web portal, chatbot, and some apps, with claims it beats OpenAI’s GPT-4 on all but 2 of 32 common performance benchmarks. Gemini Ulta, the largest of Google’s LLMs, will be sold inside ​​the Google One AI Premium Plan for $19.99 per month, which will soon include the ability to use the AI within Gmail, Docs, Slides, and Sheets. 

Arm Holdings’ stock: The CPU chip designer’s shares soared by more than 50% this week after the company announced $824 million in quarterly revenue, far above analysts’ expectations of $762 million. Arm, which went public in September, is seeing the payoff from its deal with Apple to design chips for its iPhones, iPads, and Macs through 2040.  

Read the full headlines here.