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
Sam Altman, OpenAI's CEO, Microsoft chief Satya Nadella, Alphabet CEO Sundar Pichai are joining the government's Artificial Intelligence Safety and Security Board, according to The Wall Street Journal. They're also joined by Nvidia's Jensen Huang, Northrop Grumman's Kathy Warden and Delta's Ed Bastian, along with other leaders in the tech and AI industry. The AI board will be working with and advising the Department of Homeland Security on how it can safely deploy AI within the country's...
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…
In this week’s Digiday+ Research Briefing, we examine BuzzFeed’s plans to pivot the business to an AI-driven tech and media company, how marketers’ use of X and ad spending has dropped dramatically, and how agency executives are fed up with Meta’s ad platform bugs and overcharges, as seen in recent data from Digiday+ Research.
Last week, tech companies like Google, Microsoft and Amazon all announced updates more updates for their cloud and AI efforts
The event will take place at Continental Ski and Bike on April 27-28. All proceeds will benefit the Duluth Devo Mountain Bike Program.
Global professional services firm Genpact on Tuesday launched an Artificial Intelligence Innovation Centre in Gurugram.The centre is a ‘launchpad for innovation’ that will enable talent to learn, experiment, and build holistic, AI-focused growth-oriented solutions for Genpact’s global clients, the company said in a statement.Further, it will help democratise access to AI, and offers Genpact experts and clients a dedicated space to explore ways to reinvent their businesses with new ideas,...
Paid partnership with KPMG UK With the power to unlock huge benefits for the wider economy, UK tech innovators are our hope for the future. As KPMG opens applications for the firm’s annual Tech Innovator in the UK competition, Nicole Lowe, head of KPMG’s Emerging Giants practice talks to Dr Elliot Street, CEO of Inovus […]
The more I read and write about AI, the firmer I get in my conviction that Big Tech incumbents absolutely must strangle the decentralized AI in its cradle before it wrecks everything.Take a look at this interview Ben Thompson did with OpenAI’s Sam Altman and Microsoft CTO Kevin Scott. I call your attention to this part in particular:From Microsoft’s perspective, is this going to be a funnel into new products or do you see it as an end goal in and of itself, winning search?KS: So I think you hit...
The "AI mouse" is just the start.
Asian shares extended gains on Tuesday, taking cues from Wall Street as focus shifts to earnings results from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent, helped by a 1.0 per cent […]
Computer hardware company Mega Networks is planning to set up a factory by the third quarter of the ongoing fiscal 2024-2025 to locally manufacture artificial intelligence servers, its chief executive said.The factory will be in Maharashtra and the company plans to invest Rs 350-400 crore in FY25, Amrish Pipada told ET.“The initial investment for setting up the factory will be funded through internal accruals and debt of Rs 100-120 crore, with the remainder raised from long-term debt and private...