Hard Numbers: Professor ChatGPT, SoftBank’s search engine play, Nokia goes shopping, Voice actors are worried

July 02, 2024

three girls in graduation gowns hold their caps in the air

10: Generative AI is sweeping academic research. According to one estimate, about 10% of all academic articles published this year will contain some artificial intelligence-generated text. That’s about 150,000 papers per year.

3 billion: The AI startup Perplexity is getting a cash infusion. The Japanese investment company SoftBank is investing $10-20 million based on a $3 billion valuation. The company, which styles its product as a search engine, has recently come under fire for allegations of ripping off news articles without permission.

2.3 billion: Finnish telecommunications company Nokia has bought into the AI race with a $2.3 billion purchase of California-based Infinera, whose technology helps power data centers crucial for running and training AI applications.

5,000: The Australian Association of Voice Actors told a parliamentary committee that AI could put more than 5,000 voice actors in the country out of work. The group called for fair rules and protections for its members. In the US, voice actors have already sued AI firms for improperly using their voices.

Has the world made progress in tackling poverty?

Signage for the International Monetary Fund (IMF) and World Bank Group (WBG) 2024 Annual Meetings is seen at the IMF secondary headquarters, in Washington, D.C., on Monday, October 21, 2024.

(Graeme Sloan/Sipa USA)

The last time the World Bank and International Monetary Fund held their landmark conference in April, speakers placed great emphasis on each institution’s role in helping the world’s poorest people get a leg up.

Election Countdown: Harris, Trump, and Musk focus in on the swing states

Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump looks on during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024.

REUTERS/Carlos Barria

Hard Numbers: Professor ChatGPT, SoftBank’s search engine play, Nokia goes shopping, Voice actors are worried

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Hard Numbers: Professor ChatGPT, SoftBank’s search engine play, Nokia goes shopping, Voice actors are worried

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The last time the World Bank and International Monetary Fund held their landmark conference in April, speakers placed great emphasis on each institution’s role in helping the world’s poorest people get a leg up.

An exiled Turkish cleric who founded a global Islamic movement and was an adversary rival of Turkish President Recep Tayyip Erdogan died Sunday in the United States.

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GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

Since leaping onto the main stage in late July, Harris has been dogged by questions about her foreign policy experience and potential priorities.

Secretary of State Antony Blinken is en route to Israel, where he is expected to meet with Israeli Prime Minister Benjamin Netanyahu and President Isaac Herzog on Tuesday as part of a renewed push for a Gaza cease-fire.

Although markets typically adapt to policies and political contexts, the uncertainty surrounding this year’s global elections outcomes is casting a fog over the future outlook. Get clarity on the investment implications of 2024’s elections from RBC Capital Markets’ leading experts.

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