June 29 Tech & AI Roundup: Gemini, H100 Chips, OpenAI's London Office, and Global Market Updates
A June 29 roundup covers Google's Gemini model merging AlphaGo and GPT-4 capabilities, Nvidia H100's high price and wait time, OpenAI's London office, Chinese AI launches, plus market updates like mortgage rates, Apple's $4T target, and more.
On June 29, 2023, Gelonghui's Investment Academy released a comprehensive roundup of the latest tech, AI, and market news, spanning breakthroughs in artificial intelligence, industry trends, and key economic indicators.
Leading AI developments include Google's in-development large language model Gemini, which will combine AlphaGo's strategic thinking with GPT-4-like language features to enhance problem-solving and planning abilities. Nvidia's H100 chips are in high demand—per MoneyDJ, IT provider CDW lists the chip at $30,602.99 with a 4-6 week waiting period. OpenAI is expanding globally with its first international office in London, while Microsoft launched AI skill training resources and Oracle plans to add generative AI to HR software for tasks like drafting job descriptions.
Chinese tech firms made notable moves: Tencent启用 three AI big model platforms in Shenzhen; ByteDance's Volcano Engine launched "Volcano Ark" for enterprise model services; Huawei will release new big model storage in July; NetEase Games used AI patrols for underage protection; and 恒生电子 unveiled LightGPT for financial scenarios (trial in September). Information security firm Trend Micro also warned of fake ChatGPT desktop apps that steal sensitive data.
Market updates include Microsoft's CEO affirming the Activision Blizzard acquisition won't hinder competition; US 30-year mortgage rates dropping to 6.91% (MortgageNewsDaily); gas prices falling to $3.556/gallon (AAA); and Omdia reporting the semiconductor market's fifth consecutive quarterly decline. Pfizer's NGENLA (a weekly growth hormone) got FDA approval, with trials showing 10cm annual growth for children.
Japan's Nikkei 225 opened 0.3% higher, and May retail sales rose 5.7% YoY. Wedbush reaffirmed Apple's $4T market cap target by 2025, driven by services, iPhone 15, and Vision Pro AI integration. The US South faces a dangerous heatwave with体感 temperatures up to 49°C.
Upcoming events: Shanghai Mobile Congress (June 28), World AI Congress (July 6-8), Huawei Developer Conference (July7), JD's big model launch (July13), and World Robot Expo (Aug17-20).
This roundup draws on reports from Gelonghui, MoneyDJ, CDW, Omdia, and industry announcements.