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Defiance ETFs CEO and CIO Sylvia Jablonski provides insight on Microsoft’s earnings and the impact of AI on “Making Money.”

Google and Microsoft, two of the biggest players in the artificial intelligence (AI) space and tech sector rivals, provided updates on their respective AI programs on Tuesday when the companies announced their first-quarter earnings.

Both companies have invested heavily in AI-related research and its applications for the web search, where the two firms are engaged in a particularly tense competition following Microsoft’s addition of AI to its Bing search engine, in addition to cloud storage and more.

Here’s a look at some of the AI-related highlights from the Google and Microsoft first-quarter earnings calls.

AI CHATBOTS COULD BE IMPACTED BY SUPREME COURT’S RULING IN SECTION 230 CASE

Microsoft and OpenAI’s ChatGPT and Google’s Bard are among the leading artificial intelligence platforms, and the competition between the tech giants is intensifying. (Jonathan Raa / NurPhoto via Getty Images / File / Getty Images) GOOGLE

Sundar Pichai, the CEO of Google and parent company Alphabet, said that in the first quarter the company "introduced important product updates anchored in deep computer science and AI."

Those improvements are focused on three areas: "Continuing to build up state-of-the-art large language models and make significant improvements across our products to be more helpful to our users. Empowering developers, creators and partners with our tools. And enabling organizations of all sizes to utilize and benefit from our AI advances."

Pichai noted the release of an updated version of the Google Bard AI chatbot earlier this month after it first debuted in March to include coding capabilities that had been requested by users. The company is doing that by incorporating its Pathways Language Model (PaLM) into Bard, as the PaLM is a large language model (LLM) that was trained on a larger dataset that the prior LLM, known as LaMDA.

GOOGLE UNVEILS NEW BARD AI CAPABILITIES FOR CODING

A person holds an iPhone using the Google Bard generative AI language model (chatbot) with prompt entry field. (Smith Collection / Gado / Getty Images / File / Getty Images)

"We have since added our PaLM model to make it even more powerful, and Bard can now help people with programming and software development tasks, including code generation. Lots more to come," Pichai said.

He added that PaLM is being incorporated into the new MakerSuite for developers and noted, "It provides a simple way to access our large language models and begin building new generative AI applications quickly. A number of organizations are using our generative AI large language models across Google Cloud platform, Google Workspace and our cybersecurity offerings."

On potential AI-related improvements to Google’s search engine, Pichai didn’t go into detail but said, "We will continue to incorporate generative AI advances to make search better in a thoughtful and deliberate way."

Google is reportedly planning to release new AI tools for search as a means of countering the incorporation of ChatGPT into Microsoft’s Bing search engine. The New York Times reported that the AI search features are being developed by Google under the codename "Magi" and could have an initial rollout next month with additional features in the fall.

EVERYTHING YOU NEED TO KNOW ABOUT ARTIFICIAL INTELLIGENCE: WHAT IS IT USED FOR?

“The worlds most advanced AI models are coming together with the worlds most universal user interface natural language to create a new era of computing,” says Microsoft CEO Satya Nadella. (AP Photo / Ted S. Warren / File / AP Newsroom) MICROSOFT

"The world’s most advanced AI models are coming together with the world’s most universal user interface – natural language – to create a new era of computing," said Microsoft CEO Satya Nadella. "Across the Microsoft Cloud, we are the platform of choice to help customers get the most value out of their digital spend and innovate for this next generation of AI."

Nadella said Microsoft has more than 2,500 customers using its Azure OpenAI service, which became generally available in January and had GPT-4 incorporated in March.

"We have the most powerful AI infrastructure, and it’s being used by our partner, OpenAI, as well as NVIDIA and leading AI startups like Adept and Inflection to train large models. Our Azure OpenAI Service brings together advanced models, including ChatGPT and GPT-4, with the enterprise capabilities of Azure."

MICROSOFT DEVELOPING ITS OWN AI CHIP: REPORT

Nadella called Microsoft 365 Copilot the "future of work" in his opening remarks. Copilot was released last month and appears in Microsoft Office programs like Word, Excel, PowerPoint and Outlook as an AI chatbot that can help draft content and presentations, summarize email threads and automate repetitive tasks.

"Microsoft 365 Copilot combines next generation AI with business data in the Microsoft Graph and Microsoft 365 applications, removing the drudgery and unleashing the creativity of work," Nadella said. "Copilot works alongside users, embedded in the Microsoft 365 applications millions use every day, and it also powers Business Chat, which uses natural language to surface information and insights based on business content and context."

HOW GOOGLE BECAME CAUTIOUS OF AI AND GAVE MICROSOFT AN OPENING

Microsofts Bing has 100 million daily users and Nadella said that downloads of the search engine have jumped since AI features were incorporated into the tool. (Jonathan Raa / NurPhoto via Getty Images / File / Getty Images)

Microsoft’s Bing has 100 million daily users and Nadella said that downloads of the search engine have jumped since AI features were incorporated into the tool. Specifically, Nadella said that "daily installs of the Bing mobile app have grown [four times] since launch."

"We continue to innovate with first-of-their-kind AI-powered features, including the ability to set the tone of chat and create images from text prompts, powered by Dall-E. Over 200 million images have been created to date," Nadella said.

Nadella also said Microsoft will "share how we are building the most powerful AI platform for developers" at the company’s Build conference, which is scheduled for May 23-25, 2023.Ticker Security Last Change Change % GOOGL ALPHABET INC. 103.85 -2.12 -2.00%MSFT MICROSOFT CORP. 275.42 -6.35 -2.25%

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Acquitted McLeod joins KHL’s Avangard Omsk

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Acquitted McLeod joins KHL's Avangard Omsk

Michael McLeod, one of five Hockey Canada players who were found not guilty of sexual assault charges in July, has signed a three-year contract with Avangard Omsk of Russia’s Kontinental Hockey League.

McLeod, Dillon Dubé, Cal Foote, Alex Formenton and Carter Hart were members of Hockey Canada’s 2018 National U-20 Junior Team. They were criminally charged in early 2024 for an alleged incident that took place after the 2018 Hockey Canada Foundation Gala in London, Ontario. In July, Ontario Superior Court Justice Maria Carroccia found the five players not guilty of sexual assault. McLeod also was acquitted of a separate charge of being a party to the offense of sexual assault.

The NHL said at the time that those players were ineligible to rejoin the league until reinstated through its own investigation. The league announced in September that the five players would be eligible to play in the NHL again beginning on Dec. 1.

“Taking into account that the players have been away from the game for 20 months — including since their acquittals in July — we have determined that the players will be eligible to sign an NHL contract no sooner than October 15, 2025, and eligible to play in NHL games no sooner than December 1, 2025, bringing their total time out of the League to nearly two years,” the NHL said in a statement.

The NHLPA said it was “pleased [the players] will have the opportunity to resume” their NHL careers.

McLeod, 27, last played in the NHL with the New Jersey Devils in the 2023-24 season. He played 19 games with Omsk in 2024-25, one of two KHL teams he joined as the Hockey Canada investigation and legal process played out.

Avangard Omsk is coached by former Tampa Bay Lightning and Ottawa Senators coach Guy Boucher.

Alexey Sopin, general manager of Avangard Omsk, said via Telegram: “Negotiations with Michael and his representatives were brief. The player everyone has been waiting for will once again don the Hawks’ uniform. We are very pleased that this difficult situation has ended positively for both us and the player.”

There was speculation recently that the Carolina Hurricanes were interested in signing McLeod. That news created immediate backlash from Hurricanes fans, including a petition urging the team to reconsider signing McLeod that had over 1,700 signatures. A deal with McLeod and Carolina never materialized.

McLeod was drafted 12th overall in 2016 by the Devils and had 85 points in 287 career games. He was one of the team’s top defensive forwards when he and Foote were granted “indefinite leaves of absences from the team” on Jan. 24, 2024. The players were charged with sexual assault in the following month.

Of the remaining Hockey Canada players who are unsigned, multiple reports have linked Hart, a former Philadelphia Flyers goaltender, with the Vegas Golden Knights.

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Greenwell, 2-time All-Star for Red Sox, dies at 62

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Greenwell, 2-time All-Star for Red Sox, dies at 62

BOSTON — Mike Greenwell, an outfielder who played 12 seasons with the Boston Red Sox and finished second in the 1988 American League MVP voting, died Thursday, his wife said. He was 62.

The Boston Globe reported in mid-August that Greenwell had medullary thyroid cancer. Tracy Greenwell told WINK, a radio station in Lee County, Florida, that her husband died in Boston.

“With a heavy heart, I lost my best friend today,” Tracy Greenwell wrote on social media. “It was Mike’s time to be an angel. At 10:30 a.m. in Boston’s General Hospital. We are forever grateful for the life he has given us.”

Lee County Manager Bruce Harner also announced Greenwell’s death on the county government’s social media account. Florida Gov. Ron DeSantis appointed Greenwell to the county commission in 2022, and he was reelected to the post in 2024.

“It is with deep sadness that we announce the passing of Commissioner Mike Greenwell, a lifelong Lee County resident,” the post read. “He was a strong advocate for the people and businesses of Lee County and will be remembered for seeking meaningful solutions to the challenges his community faced. We extend our heartfelt condolences to his family, friends and all who were touched by his leadership.”

“The Gator” was better known for his baseball exploits than his political career.

Born in Louisville, Kentucky, Greenwell spent most of his childhood in Florida and played baseball and football at North Fort Myers High School.

Greenwell played his entire major league career for Boston, making two All-Star appearances, winning the 1988 Silver Slugger Award and finishing second in that year’s MVP voting to Oakland Athletics outfielder Jose Canseco. Greenwell was inducted into the Red Sox Hall of Fame in 2008.

He made his big league debut in 1985 and appeared in 31 games on the 1986 American League champions, who lost 4-3 to the New York Mets in a World Series filled with heartbreak for the Red Sox.

In 1987, Greenwell emerged as Boston’s full-time left fielder, taking over the position previously occupied by three MVPs — Ted Williams, Carl Yastrzemski and Jim Rice — who would later become Hall of Famers.

Although he fell short of those luminaries, the left-handed-hitting Greenwell had a solid career, finishing with a lifetime batting average of .303, 130 home runs, 726 RBIs and 80 stolen bases.

“He was a great teammate and an even better person,” right-handed pitcher Bob Stanley said. “He had big shoes to fill in left field, and he did a damn good job. He played hard and never forgot where he came from — Fort Myers. Just a great guy. We’ll all miss him.”

His best season came in 1988, when he batted .325 with 22 homers, 119 RBIs and 16 stolen bases and hit for the cycle in a September game. Greenwell also delivered a then-AL record 23 game-winning RBIs, a statistic that is no longer recognized by Major League Baseball, and he drove in all of Boston’s runs in a late-season 9-6 victory over Seattle.

That put him in the MVP mix. When Canseco later acknowledged he was using steroids that season, Greenwell asked, “Where’s my MVP?”

Greenwell earned his nickname for a spring training incident in which he captured an alligator, taped its mouth shut and put it in a teammate’s locker in Florida.

He played an abbreviated final season in Japan, retiring suddenly after just seven games because of a fractured right foot he suffered on a foul ball.

After his playing career, Greenwell moved into auto racing. He began competing in late-model stock cars in 2000 and made two starts in NASCAR’s Truck Series in 2006. He retired in 2010.

“You always wanted to be around him — I truly enjoyed my time with him,” former Boston outfielder Dwight Evans said. “He was a gamer in every sense of the word, and he will be deeply missed.”

Greenwell is survived by his wife and two sons, Bo and Garrett.

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