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The Killer AI Device is Already in 2 Billion Pockets
Jun 26, 2024
CNBC's Deirdre Bosa talks EU regulations impacting big US tech, Apple's AI strategies, and comparison between Databricks and Snowflake valuation. Tech founders delay IPOs due to private funding, with risks in private markets discussed.
22:32
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Quick takeaways
- EU's Digital Markets Act threatens big US tech companies with strict regulations and penalties up to 10% of global revenue
- Apple's focus on personal context within generative AI models showcases potential for efficient user experiences and partnership opportunities
Deep dives
EU Regulation Impact on Tech Companies
The EU's Digital Markets Act poses potential challenges to big US tech companies, with strict regulations and penalties up to 10% of global revenue. It aims to regulate gatekeepers like large platform companies, ensuring fair competition and consumer choice outside app stores.
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highlights
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