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Top stories today:
- Apple shuffles executive ranks to get its AI efforts back on track
- OpenAI launches new closed-source speech-to-text, text-to-speech APIs
- Anthropic introduces web search on its chatbot to take on ChatGPT
- Perplexity said to be in early talks for funding at $18B valuation
- U.S. existing home sales +4.2% YoY to 4.26M in Feb., per NAR
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Apple shuffles executive ranks to get its AI efforts back on track
Mike Rockwell, Vision Pro creator, is taking over Siri from AI head John Giannandreaās command.
Rockwell will report to Craig Fedrighi, Appleās software chief.
Giannandrea will remain at the company.
Relatedly, Apple has faced a lawsuit for delaying Apple Intelligence launch.
Apple Intelligence pushed from Apr. launch to sometime in the ācoming year.ā
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3. OpenAI launches new closed-source speech-to-text, text-to-speech APIs
GPT-4o-Transcribe is #4 on Artificial Analysisā word error rate ranking:
