The firm’s cumulative ETF assets are down 81% from 2021 highs.
This month, at the 2024 Business, Government & Society Forum at Stanford Graduate School of Business, Sundar Pichai, CEO of Google, spoke about the importance of companies taking responsibility for the impact they have on society.
There was nothing electric about electric vehicle (EV) maker Tesla’s latest financial results. The company reported its first quarter 2024 earnings results Tuesday (April 23), disclosing a 55% drop in profits when compared to the same period last year. “We experienced numerous challenges in Q1, from the Red Sea conflict and the arson attack at Gigafactory […]
Meta said that it would be spending billions of dollars more on its AI efforts, raising expenditure forecasts in this area from $30 - 37 billion to $34 - 40 billion for the year. It cited heavy investment in AI infrastructure such as data centers, chip designs, and research andRead Entire Article
Meizu officially announced it's exiting the smartphone business back in February and will focus more on AI and products for the automotive industry, after Geely acquired the tech firm. In fact, Meizu is planning to unveil its DreamCar MX EV this year, although it missed the mark for the first quarter. In any case, a recent rumor came out, suggesting Meizu is working on a smartphone after all and the latest report coming straight from China corroborates these early findings. The report...
The ongoing revolution in artificial intelligence has the potential to dramatically improve our lives—from the way we work to what we do to stay healthy. Yet ensuring that America and other democracies can help shape the trajectory of this technology requires going beyond the tech development taking place at private companies. Research at universities drove…
Humane's tiny, $700 wearable computer, AI Pin, vowed to be a virtual assistant. But savage reviews of the device have blasted the AI for giving incorrect answers. One reviewer: 'I'm hard-pressed to name a single thing it's genuinely good at'. READ MORE: New transparent TVs and
Top tech and government leaders will huddle in Washington next week to formulate plans to ensure the U.S. takes charge of the global artificial intelligence race and shapes emerging tech developments.
Two prominent crypto industry groups, the Blockchain Association and the Crypto Freedom Alliance (CFAT) of Texas, have filed a lawsuit against the US Securities and Exchange Commission (SEC) to contest a newly implemented rule expanding the definition of a “dealer” in securities. The complaint, lodged in a federal court in Texas, alleges that the SEC […]
Source: Ramsey Cardy / Getty / MKBHD YouTuber Marques Brownlee, aka MKBHD, has caused quite a stir with his recent review of Humane’s AI Pin. Regarding reviews on your favorite tech items, the newest smartphones, smart cars, electric vehicles, and other new gadgets, no one is more revered than MKBHD. The tech enthusiast has become the go-to for all things tech, and his YouTube page has become the premiere destination for reviews, boasting over 18 million followers. So it’s no surprise that his...
We are officially reaching the phase in the tech cycle where a new technology (in this case, artificial intelligence) goes from truly wondrous to truly annoying. Every organization now seems to be using it—or the idea of it—to ride the hype wave to achieve attention, clicks, or, you know, just a few more customers. And it’s starting to annoy the hell out of me. I can’t tell you how many pitches I receive from some poor comms person who is forced to proudly exclaim in the first sentence “We’re...
After a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort to perfect self-driving cars.