Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoilShares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed that profits had surged in the last quarter.Sundar Pichai, CEO, hailed the transition to artificial intelligence as a “once-in-a-generation opportunity” as his company races to integrate the technology across its business. Continue reading
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.
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 →
Verizon CEO Hans Vestberg highlighted the transformative potential for employing AI and generative AI across the operator’s network and for personalisation of tariffs as he discussed the operator's performance during Q1.
Are generative AI tools cost- and time-saving devices enabling producers to offer embattled channels more for less, or is this tech coming to cut the creatives out of the business entirely? If there’
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...
AI continues to drive Meta's year-long recovery. Revenue from its Advantage+ Shopping Campaigns (ACS) more than doubled since last year, Meta CEO Mark Zuckerberg said during the Q1 2024 earnings call. Meta, the parent company of Instagram and Facebook, reported a 27% increase in revenue, reaching $36.5 billion compared to $28.6 billion in 2023. Advertising contributed 97% of that revenue, or $35.6 billion, and the average price of ads rose 6%. “For all the recent scrutiny of its...
Advancements in artificial intelligence (AI) may drastically improve the accuracy of weather predictions, potentially increasing profits for businesses that rely on forecasting. Google has introduced a new AI model capable of producing accurate, large-scale weather forecasts at a lower cost than traditional methods. Experts say AI models could streamline operations, cut costs and bolster decision-making across […]
Taiwan Semiconductor Manufacturing Company issued an optimistic revenue target for the current quarter after reporting a near double-digit rise in net profit in the opening quarter of 2024, fuelled by brisk demand for chips supporting AI applications.