TNB Tech Minute: Google Launches AI That Generates Text, Pictures and Audio
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This message comes from PNC Bank, who believe some things in life should be boring, like banking, because boring is steady, pragmatic, responsible. You don't want your bank to be exciting. Exciting is for setting trends, not banks. That's why PNC Bank strives to be boring with your money.

so you can be happily fulfilled with your life. PNC Bank, brilliantly boring since 1865. Brilliantly boring is a service mark of the PNC Financial Services Group, Inc. PNC Bank, National Association, member FDIC. Here's your TNB Tech Minute for Wednesday, December 11th. I'm Belle Lynn for The Wall Street Journal.

Google has opened access to the newest version of its artificial intelligence technology called Gemini 2.0 Flash Experimental. It can generate text, images, and audio from a single application. The new technology will also power a feature called Deep Research, which lets users who pay for Gemini request detailed reports based on AI-conducted internet searches.

The search giant is betting on this type of AI system in its latest bid to stand out in the growing and competitive consumer AI business.

The U.S. Supreme Court has dismissed an investor case against the AI chip-making giant NVIDIA, allowing most of the claims to proceed in a lower court. The case stems from allegations that NVIDIA understated how much money it was making from the crypto boom more than five years ago. Investors alleged that NVIDIA classified revenue it knew was coming from crypto mining under its video game graphics business and therefore misled them.

In 2022, NVIDIA agreed to pay the Securities and Exchange Commission $5.5 million for inadequate disclosures regarding its business with the crypto industry. An NVIDIA spokesman said the company would have preferred an affirmation of a trial court's dismissal of the case, but was fully prepared to continue its defense.

And Japanese cryptocurrency exchange Coincheck rallied as it went public on the Nasdaq stock market, becoming the second crypto exchange listed in the U.S. after Coinbase Global. Shares of Coincheck rose about 9% as it benefited from a broad upswing in Bitcoin and other digital currencies.

Coincheck doesn't serve U.S. customers and is subject to Japanese crypto regulation. It is one of Japan's biggest crypto exchanges with just over 2 million customers.

More crypto companies are likely to go public as the SEC changes its stance on digital assets with the incoming administration of President-elect Donald Trump. That's according to an advisory firm that specializes in digital asset deals. For a deeper dive into what's happening in tech, check out Thursday's Tech News Briefing podcast.