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Source: 'Reuters - Business videos'
Description: From OpenAI's big challenge to Google Chrome's dominance with the release of the Atlas web browser to tech giants riding an investment boom, we round up the week's big stories from the AI revolution. Francis Maguire reports.
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Video Transcript:
From OpenAI's challenge to Google to company's riding an investment boom, this is AI Weekly. OpenAI unveiled its long-awaited web browser ChatGPT Atlas. The AI-powered tool is built around the firm's popular chatbot as it tries to capitalize on 800 million weekly-active ChatGPT users. It could also present a direct challenge to Google Chrome's dominance. That's if Atlas accelerates a shift towards AI-driven search as users turn to conversational tools instead of traditional keyword-based results. TSMC rode the AI boom to smash past projections and score a record breaking third-quarter profit. The Taiwanese chip giant reported a net profit of almost $15 billion, up just under 40%, marking its sixth straight quarter of double-digit growth. TSMC said AI demand is still growing and raised its full-year revenue forecast. Engineering company ABB was another firm to score big out of AI demand. The Swiss company saw a surge in orders for new data centers being built in the US to process AI. Data center-related orders rose by a double-digit percentage rate in the third quarter. The firm's CEO said they're very confident about future demand from data centers and rejected concerns the industry could be in what was called an "unsustainable bubble". And a British spy leader warned AI systems acting without human control could pose a security threat one day. That was the message from the head of Britain's MI5 spy agency, Ken McCallum. Although he said he wasn't predicting doom scenarios as depicted in sci-fi movies like "The Terminator". He warned AI could be used to elevate discord by hostile actors. McCallum also said AI was used by the British security services to make their work more effective.