Google Blocks Scams, AI Transforms Industries, AI Funding Grows

Recent developments in the field of artificial intelligence (AI) have shown significant advancements in various areas, including cybersecurity, healthcare, and technology. Google has been at the forefront of these developments, using its AI models, such as Gemini and Gemini Nano, to detect and warn users of tech support scams and protect Chrome users against online scams. The company has also introduced AI-powered warnings for Chrome on Android to help users be aware of spammy notifications. Additionally, AI is being used in other areas, such as code risk analysis, cybersecurity, and healthcare, with companies like OX Security and Pager Health launching AI-powered platforms to address these needs. Furthermore, researchers are exploring the use of AI in determining biological age, and investors, including family offices, are betting on AI startups despite a slowdown in deal-making. However, concerns about the privacy implications of AI-powered technologies, such as door-to-door salespeople using AI to record customers, highlight the need for greater transparency and disclosure. Overall, AI is transforming various industries and aspects of life, with its potential uses and applications continues to grow and expand.

Key Takeaways

  • Google is using AI models, such as Gemini and Gemini Nano, to detect and warn users of tech support scams and protect Chrome users against online scams.
  • AI is being used in cybersecurity to provide a more efficient and effective way to manage identity and access, and to analyze and respond to security incidents.
  • Companies like OX Security and Pager Health are launching AI-powered platforms to address code risk analysis and healthcare needs.
  • Researchers are exploring the use of AI in determining biological age, with technologies like FaceAge, which can assess muscle mass and areas around the eyes to determine a person's age.
  • Family offices are investing in AI startups, despite a slowdown in deal-making, with AI-related startups accounting for half of the direct deals made in April.
  • Concerns about the privacy implications of AI-powered technologies, such as door-to-door salespeople using AI to record customers, highlight the need for greater transparency and disclosure.
  • AI is transforming various industries and aspects of life, with its potential uses and applications continues to grow and expand.
  • Google has blocked 20 times more scammy pages since introducing AI-powered anti-scam systems.
  • Wedbush analyst Dan Ives believes that the AI market will continue to grow, with the global semiconductor market expected to reach $1.7 trillion to $2.4 trillion by 2040.
  • CEOs are investing in AI due to fear of falling behind, despite returns not meeting expectations, with 61% already using AI agents in some form.

Google fights scams with AI

Google is using its Gemini AI model to detect and warn users of tech support scams. The model runs on users' devices and can scan webpages in real-time for potential threats. Google is also using AI to stop scams in Search, and has blocked 20 times more scammy pages since introducing AI-powered anti-scam systems. Additionally, Google is warning Android users of fishy sites and letting them automatically unsubscribe from notifications.

Google rolls out AI tools to protect Chrome users

Google is using its Gemini Nano AI model to protect Chrome users against online scams. The model runs on devices and provides an additional layer of defense against scams. Google is also launching new AI-powered warnings for Chrome on Android to help users be aware of spammy notifications. The company plans to expand this defense to Android devices and other types of scams in the future.

Chrome uses Gemini Nano to catch scams

Google's Chrome browser is now using Gemini Nano to protect users against remote tech support scams. The on-device large language model allows Chrome to protect people against scams it hasn't seen before. Google plans to bring this feature to Android devices soon and use it against a greater variety of scams in the future. The company is also using machine learning to offer stronger protection against scams that use Chrome notifications.

AI spending driven by fear of falling behind

A survey by IBM found that many CEOs are investing in AI due to fear of missing out, despite returns not meeting expectations. Only 25% of AI projects have delivered the expected return on investment, and 16% have been scaled across entire companies. However, executives expect AI investment rates to more than double in the next two years, with 61% already using AI agents in some form.

IBM reveals reason for AI investment

A survey by IBM found that CEOs are investing in AI due to fear of falling behind, despite returns not meeting expectations. Only 25% of AI projects have delivered the expected return on investment, and 16% have been scaled across entire companies. However, executives expect AI investment rates to more than double in the next two years, with 61% already using AI agents in some form.

Ted Cruz delivers remarks at AI hearing

Senator Ted Cruz delivered opening remarks at a Commerce AI hearing. The topic of the hearing was not specified, but Cruz's remarks were likely related to the regulation and development of AI technology.

Agentic AI transforms cybersecurity

Agentic AI and non-human identities are transforming cybersecurity by providing a more efficient and effective way to manage identity and access. The use of AI-powered identity and access management systems can help reduce the risk of unauthorized access to corporate IT environments. Additionally, AI can be used to analyze and respond to security incidents more quickly and effectively.

Dan Ives names favorite AI stocks

Wedbush analyst Dan Ives named his favorite ways to play the AI revolution, including Nvidia, Baidu, and Snowflake. Ives believes that the AI market will continue to grow, with the global semiconductor market expected to reach $1.7 trillion to $2.4 trillion by 2040. He also believes that the use cases for AI are exploding, and that the technology will have a major impact on the software sector.

OX Security raises $60M for AI-powered code risk

OX Security raised $60 million in Series B funding to address the proliferation of AI-generated code and the risk of adversarial use of AI. The company plans to use the funding to automate remediation at scale and close the gap between problem identification and resolution. OX Security's AI-powered platform analyzes code and identifies vulnerabilities, providing a more efficient and effective way to manage code risk.

Pager Health launches AI wellness agent

Pager Health launched a new AI wellness agent as part of its ReallyWell health and wellness program. The agent serves as a conversational AI companion, providing personalized support and guidance to health plan members. The agent can proactively route members to personalized actions, such as health challenges or coaching enrollment, and can answer complex FAQs around rewards and benefits.

Family offices bet on AI startups

Family offices are still investing in AI startups, despite a slowdown in deal-making. AI-related startups accounted for half of the direct deals made by family offices in April. Companies like SandboxAQ, which uses AI and quantum technology to make large-scale predictions, are attracting investment from family offices and other investors.

Door-to-door salespeople use AI to record customers

Door-to-door salespeople in Wisconsin are using AI to record and analyze conversations with customers. The technology is used to improve sales pitches and provide feedback to salespeople. However, there are concerns about the privacy implications of this practice, and some experts are calling for greater transparency and disclosure.

Researchers use AI to determine biological age

Researchers at Mass General Brigham are using AI to scan photos of people's faces and estimate their biological age. The technology, called FaceAge, can assess muscle mass and areas around the eyes to determine a person's age based on how well they are aging. The researchers believe that this technology could be used to assist doctors in determining treatment options for cancer and other chronic diseases.

Sources

AI Google Gemini AI Tech Support Scams Cybersecurity Machine Learning