Nvidia CEO Jensen Huang has declared OpenAI’s ChatGPT as creating an “iPhone moment for artificial intelligence.” Speaking at the Haas School of Business at Berkeley, Huang suggested that ChatGPT is revolutionary for engaging the imagination of millions and opening their eyes to the possibilities the technology holds, much as Apple’s iPhone did for mobile computing, ushering in a new era. ChatGPT has taken the world by storm, and it is the diversity of use that Huang feels makes it special — with some putting it to work to create code, while others use it to write fiction or plan meals and much more. Read more

YouTube is experimenting with a higher bitrate 1080p format for Premium subscribers. The enhanced 1080p Premium reportedly provides a better viewing experience. For now, 1080p Premium is only available to a very small group. The existing 1080p HD resolution on YouTube remains unchanged, according to the company. “1080p Premium is an enhanced bitrate version of 1080p which provides more information per pixel that results in a higher quality viewing experience,” explains spokesperson Paul Pennington, clarifying “there are no changes to the existing quality offerings for 1080p (HD) resolution on YouTube.” Read more

Netflix has cut prices in 30 countries — the U.S. not among them — as customers reevaluate whether they keep the service amidst new password-sharing restrictions in a more competitive streaming market that has generally seen rates increase. The reductions only apply to some tiers, in some cases reducing prices by as much as 50 percent. Affected territories reportedly include Nicaragua, Ecuador and Venezuela in Latin America. In Europe, rate reductions will be available in Bulgaria, Croatia and Slovenia. Parts of Asia — including Indonesia, Malaysia, the Phillippines and Thailand — will also see price reductions. Read more

Meta Platforms is reforming its penalty system for Facebook policy violations. Based on recommendations from its Oversight Board, the company will focus more on educating users and less on punitive measures like suspending accounts or limiting posts. “While we are still removing violating content just as before,” explains Meta VP of content policy Monika Bickert, “under our new system we will focus more on helping people understand why we have removed their content, which is shown to help prevent re-offending, rather than so quickly restricting their ability to post.” The goal is fairer and more effective content moderation on Facebook. Read more

Spotify is harnessing OpenAI’s generative artificial intelligence for DJ, a personalized audio guide that will not only curate tunes based on a listener’s taste, but will also deliver commentary and banter “in a stunningly realistic voice” that leverages technology from subsidiary Sonantic, acquired last year. The new feature is launching in beta this week in the U.S. and Canada with a high level of human oversight, expected to diminish over time. The combination of “generative AI tooling” and the expertise of Spotify music editors will allow the company to scale and customize “in ways never before possible.” Read more