JPMorgan is launching an internal version of an AI product similar to ChatGPT that can complete the work of research analysts. Employees in JPMorgan's asset and wealth management department can use the newly launched generative AI tool, LLM Suite, primarily to help them write, generate ideas, and summarize documents.

Google has launched the Coalition for Safer AI (CoSAI), with founding members including Amazon (AMZN.O), Intel (INTC.O), Microsoft (MSFT.O), Nvidia (NVDA.O), IBM (IBM.N), Cisco (CSCO.O), Paypal (PYPL.O), OpenAI, AI startups Anthropic and Cohere, cybersecurity startups Chainguard, WIZ, and GenLab. In a blog post, Google pointed out that AI needs a security framework and application standards to keep up with its rapid growth. This is also why it shared the Secure AI Framework (SAIF) last year. However, implementing any industry framework requires close collaboration with others. Therefore, Google has launched CoSAI with industry peers.

OpenAI has launched a mini AI model called "GPT-4o mini," as reported by CNBC.

The US Federal Trade Commission (FTC) is investigating Microsoft's (MSFT.O) investment in OpenAI.

Independent application researcher Nima Owji said that X social platform is developing multiple functions based on the xAI Grok model to provide a richer user experience for X Premium subscribers. One of them is the Grok side panel, similar to other generative AI chatbots, which allows users to communicate with the Grok robot while using any function on the X platform.

Nintendo's president stated on Tuesday that the company has confirmed it will not incorporate generative AI technology into its games due to concerns over intellectual property issues. During an investor Q&A session, Nintendo President Shuntaro Furukawa said that while generative AI has become increasingly popular, the company currently has no plans to use it in their upcoming games. "We have decades of expertise in creating unique gaming experiences. While we can still adapt flexibly to technological advancements, our goal is to continue providing unique value that cannot be achieved through technology alone." The company has been actively protecting its intellectual property through legal action and has previously sued several entities for unauthorized use of its characters, trademark infringement, and piracy.

Kyutai, a French artificial intelligence research laboratory funded by billionaire Xavier Niel, has showcased a new type of voice assistant called Moshi that has multiple human-like emotions. This product is similar to one promised by OpenAI, but the latter has been delayed due to security issues. Moshi voice assistant is the latest challenger to OpenAI's most well-known chatbot, ChatGPT.

According to market sources,SoftBank will support artificial intelligence startup Perplexity with a valuation of $3 billion.

On June 25th, according to Jinshi's report, some developers received a letter from OpenAI stating that "based on data, your organization has API traffic from regions that OpenAI currently does not support. From July 9th, additional measures will be taken to stop API usage from countries and regions not on OpenAI's supported list."

A few months ago, Apple rejected the idea of ​​cooperating with Meta Platforms in the field of artificial intelligence. The negotiations between Apple and Meta on artificial intelligence business did not enter the formal stage, and there are currently no further discussions.