Once assumed to be years away, a surprising turn of events has fast-tracked the US approval process for spot Ether exchange-traded funds (ETFs), suggesting that they could begin trading by the end of Q2 or the beginning of Q3.
Elsewhere, Big Tech’s most prominent players came together this week to establish a network standard for artificial intelligence (AI); however, two of the AI sector’s biggest names were not included.
Stay informed on the latest developments in the tech world with the Investing News Network’s round-up.
Other enhancements include built-in generative AI wallpaper and video call backgrounds that can be applied to any video conferencing software, Magic Editor on Google Photos, one-click access to Google Tasks, a screen capture tool and Game Dashboard, which enhances mobile gaming with control mapping.
Google also named some upcoming features users can expect in the coming months, including Help Me Read with Gemini, which can summarize websites or PDFs and answer questions; cross-device continuity, an enhanced Focus tool; and, eventually, AI-powered hands-free control with face and gesture tracking.
The upcoming standard, dubbed Specification 1.0, will have the ability to connect up to 1,024 accelerators, such as graphics processing units (GPUs), within the same pod. This will enable direct loads and stores between memory connected to these accelerators, enhancing communication efficiency and optimizing performance.
The UALink Consortium expects it will officially be incorporated in Q3 2024, at which point Specification 1.0 will become available to participating companies.
If the software is registered, Tesla will be able to test an upgraded version of FSD in China by having employees drive on public roads. If the testing phase is successful, the upgrade will be delivered to Chinese users in the coming months.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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