Google is increasing its investment in Anthropic, the creators of Claude AI, with a $2 billion commitment. The investment will be made in two payments of $500 million and another of $1.5 billion. This is a significant increase from the $400 million Google invested in Anthropic in February. Amazon has also committed to investing $4 billion in Anthropic. The investment is part of the ongoing AI arms race between Google, Microsoft, and Amazon.

Google has updated its search guidelines to acknowledge the use of artificial intelligence (AI) in content creation. The search engine giant is now monitoring "content created for people" rather than just "content written by people" to rank sites on its search engine.

Google has announced upgrades to its search engine, including a new feature called "SGE while browsing" that generates a list of key points covered by web page content. The AI engine analyzes page content to identify core topics, making it easier for users to find the information they need within long or complex articles. <br>

Google has partnered with medical technology company iCAD to integrate its deep learning technology into iCAD's ProFound Breast Health Suite for mammography reading. This will enable Google's AI to analyze mammograms and detect breast cancer with superhuman speed and accuracy, potentially replacing the need for two radiologists to assess each mammogram. <br>

Google has announced new policies regarding blockchain-based content on its platform, Google Play. The policy requires developers to clearly declare if their app or game involves blockchain technology and prohibits the promotion of potential earnings from playing or trading activities. It also bans the use of loot boxes or any randomized purchases and states that NFTs should be used within the game to enhance user experience, rather than being wagered for real-world prizes.&nbsp;

Google recently released a paper called Brain2 Music, which can use artificial intelligence to read and analyze your functional magnetic resonance imaging (fMRI) data, and then automatically generate music based on your brain activity.

According to the Golden Ten report, Alphabet, Google's parent company, announced today its second-quarter financial report for 2023, with revenue of US$74.6 billion, a year-on-year increase of 7%, marking Google's second consecutive quarter of accelerated growth. Analysts say online advertisers have boosted spending in recent months, a relief for tech companies that rely on revenue to fund research on artificial intelligence and other remote projects. Continued economic uncertainty and concerns about competition from products such as ChatGPT, developed by OpenAI, have weighed heavily on Google. In May, the company gave investors some relief by announcing a slew of artificial intelligence products, including a new version of its search engine, at its annual developer conference. Google's cloud computing unit, a central part of its AI strategy, posted $8 billion in revenue, up 28% year-over-year. Advertising revenue was $58 billion, up about 3% from a year earlier. The company reported ad sales declines for the past two consecutive quarters, a rare decline for one of the tech industry's most stable businesses.

The South Korean government has sought advice from cryptocurrency companies to crack down on cryptocurrency crimes in North Korea. North Korea is accused of stealing $700 million worth of crypto assets to use in weapons programs such as its nuclear missile program.

Floor, a mobile NFT platform, plans to absorb the 30% fees charged by Apple and Google for in-app NFT purchases. This move sets it apart from other NFT marketplace apps, which have avoided fees by not allowing in-app purchases. Floor hopes that its absorption of the fees will lead to a reduction in Apple and Google's take across the industry.

Google has updated its policy to allow NFT transactions on apps in the Google Play store. Starbucks Odyssey's next loyalty program stamp will be designed by Micah Johnson's NFT character, Aku. Sound, a decentralized music venture backed by Snoop Dogg and a16z, announced a $20 million funding round. Art Blocks' Chromie Squiggle NFTs have a floor price of nearly $20,000. Web3 is offering free Slurpee NFTs, while Seedphrase, the self-proclaimed "No. 1 CryptoPunk," has signed with talent agency WME to expand its brand. Particle's co-owners have approved the loan of their Banksy painting, "Love is in the Air," to museums worldwide. Meta's new app, Threads, has surpassed 100 million downloads and supports the decentralized social media protocol ActivityPub.