• Google is set to invest over $100 billion in AI, DeepMind founder says

    According to Demis Hassabis, the child prodigy who founded DeepMind, Google is likely to invest more than $100 billion in AI technology and applications in the near future. DeepMind is a British-American research laboratory that has been working on AI since 2010. Google acquired the company in 2014.Read Entire Article

  • Microsoft to invest $1.7 billion in cloud, AI in Indonesia, CEO says

    Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said in a seminar on Tuesday.

  • AI tools from Microsoft and Google are just streamlining middle management, leading AI expert says: WSJ

    Microsoft and Google rolled out their own AI-powered productivity tools last year, touting them as products that could revolutionize how people work.But one leading AI expert thinks otherwise.Ethan Mollick, a professor of management at the University of Pennsylvania's Wharton School of Business, has been tapped by the White House, JP Morgan, Google, and many others for his insights on artificial intelligence.In an interview with The Wall Street Journal, Mollick said Microsoft's Copilot and...

  • Google CEO says AI overviews are increasing Search usage

    Satisfaction with the AI overviews is increasing and Google will continue to evolve the experience this year, according to Sundar Pichai.

  • U.S. DHS makes new advisory board on AI, consisting of Microsoft, OpenAI, Google CEOs +19

    The U.S. Department of Homeland Security (DHS) announced the creation of a new advisory board on Friday, April 26th, 2024. The board will focus on the role of artificial intelligence (AI) in critical infrastructure. The 22-member board includes CEOs from major technology companies like Microsoft, Google’s parent company Alphabet, and Nvidia. It also includes representatives from critical infrastructure sectors […]

  • AI investments: Alphabet, Microsoft earnings show hefty AI bets are driving growth

    Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...

  • Research Firm Says AI-Fueled Stock Market Will Burst by 2026: What Does Bank of America Say?

    Artificial Intelligence (AI) is not just a buzzword, it's a game-changer in the stock market. From automating complex and redundant processes to solving long-standing industry challenges, AI is revolutionizing the way we trade. With the launch of ChatGPT and other natural language processing (NLP) chatbots and AI's use in autonomous driving, the tech is becoming faster and more accurate by the day when solving real-life problems.While the impact of AI on the stock market is undeniable, concerns...

  • Google Invests in AI Education as it Unleashes ‘Secret Weapon’

    Google just announced a massive investment in training Americans to use its biased and anti-free speech artificial intelligence. Big Tech giant Google proudly declared its AI education investment in an April 26 release. Beneficiaries of these funds include the Institute for Veterans and Military Families (IVMF) and Goodwill, which are each expected to train American military members, veterans and civilians in AI skills. The problem? Google’s AI and search engine both have a track record of...

  • Google Invests in AI Education as it Unleashes ‘Secret Weapon’

    Google just announced a massive investment in training Americans to use its biased and anti-free speech artificial intelligence. Big Tech giant Google proudly declared its AI education investment in an April 26 release. Beneficiaries of these funds include the Institute for Veterans and Military Families (IVMF) and Goodwill, which are each expected to train American military members, veterans and civilians in AI skills. The problem? Google’s AI and search engine both have a track record of...

  • GOOGLE fires more workers after CEO says workplace isn't for politics

    GOOGLE fires more workers after CEO says workplace isn't for politics (First column, 15th story, link)

  • Apple CEO says that he wants to increase investments in Vietnam

    Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub. Vietnam has become more important to Apple as the company seeks to diversify its supply chains away from

  • Meta says revenue will be weak as it spends even more on AI

    Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecastMeta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a row. The company plans to spend even more on AI in the coming months, though, and its share price slumped more than 15% as the company reported earnings Wednesday. A weak sales forecast and higher spending guidance rattled investors.Mark Zuckerberg said his...