Meta’s shares dropped about 10% in extended trade following the report, evaporating $125 billion worth of stock market value.
Snap reported first-quarter results that beat analysts' estimates
Reported Q1 Revenue: $19.3 billion, a 12% increase year-over-year,
The adoption of AI is just getting started, offering astute investors the
Apple has reportedly acquired France-based AI startup Datakalab, specializing in AI and computer vision technology. It is expected to help Apple bolster the AI features it is readying for iOS 18.
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...
The seventh-annual report on the global state of artificial intelligence from Stanford University's Institute for Human-Centered Artificial Intelligence offers some concerning thoughts for society: the technology's spiraling costs and poor measurement of its risks. According to the report, "The AI Index 2024 Annual Report," published Monday by HAI, the cost of training large language models such as OpenAI's GPT-4 -- the so-called foundation models used to develop other programs -- is...
It is not easy finding that special someone. It never has been, even if you’re rich, beautiful, and have strong social skills. Every generation encounters new challenges in their pursuit of love and companionship. I know I have. I’ve even … Continue reading →
Global financial uncertainty has prompted the Treasury to downgrade its growth forecasts for major economies ahead of the federal budget. Geopolitical tensions in the Middle East as well as a slowdown in China has led to the rethink on global economies, with Treasurer Jim Chalmers warning of a “fraught and fragile” outlook internationally. China’s growth […]
The winemakers using artificial intelligence to help them grow grapes and blend their wines.
Like spoken languages, sign languages evolve organically and do not always have the same origin. This produces different ways of communication and annotation. This is the subject of Manolis Fragkiadakis's Ph.D. thesis.
Artificial intelligence (AI) is accelerating new discoveries across industries, from video production to medicine -- and now, it's expanding what we know about antiquity. On Tuesday, researchers at the University of Pisa in Italy announced that they have successfully used AI to decipher a papyrus scroll found in Herculaneum, a town near Pompeii that was also destroyed when Mount Vesuvius erupted in AD 79. The scroll is one of 1,800 scrolls preserved in the Villa of the Papyri -- once owned by...