In initiating his global trade war, Donald Trump appears to overlook a crucial aspect of America’s trade strength: the export of digital services. Experts warn that this oversight could have significant consequences for Silicon Valley, as highlighted in a recent report by Allianz Trade, which surveyed 4,500 firms worldwide to assess the impact of escalating trade tensions. The report cautions that the U.S.’s focus on its trillion-dollar goods deficit may jeopardize “invisible exports,” the rapidly growing sector of financial and digital services that is vital to the economy.
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Google’s new Flow tool brings AI magic to video creation
Summary Google’s recent I/O event highlighted a significant expansion of AI across its product lineup, featuring innovative generative tools such as Imagen 4 for images, Veo 3 for video, and Flow for AI-driven filmmaking. The event also introduced a revamped AI-powered search experience and the premium Google AI Ultra subscription. These advancements demonstrate Google’s commitment to enhancing user experience through cutting-edge AI technology. Full Article
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