Microsoft has announced in a blog post on Thursday that it will postpone the release of Recall, an AI tool designed to track user activity, due to privacy and security concerns. As a result, Recall will not be included with the Copilot+ PC launch scheduled for next week. In its ...
Read More »Intel Aims to Develop AI Chips for All, Says CEO, Amid Company’s Efforts to Keep Pace with Competitors
Intel’s CEO, Pat Gelsinger, expressed the company’s ambition to reclaim its status as the top chipmaker globally, following the ascent of competitors TSMC and Samsung in recent years. Speaking to CNBC during the Computex tech conference in Taipei on Tuesday, Gelsinger outlined Intel’s strategy, stating, “We want to build everybody’s ...
Read More »Google Unveils Cutting-Edge AI Models Amid Escalating Competition with OpenAI
During its annual developer conference, Google unveiled its latest artificial intelligence models, which it describes as its most lightweight and efficient yet. At Google I/O on Tuesday, the company introduced Gemini 1.5 Flash, the latest iteration in the Gemini series. According to a blog post by Google, this new model ...
Read More »Amazon CEO Andy Jassy Found in Violation of Federal Labor Law for Anti-Union Comments
A National Labor Relations Board judge ruled on Wednesday that Amazon CEO Andy Jassy violated federal labor law through comments he made to various media outlets regarding unionization efforts within the company. NLRB Administrative Law Judge Brian Gee pointed to interviews Jassy conducted in 2022 with CNBC’s “Squawk Box,” Bloomberg ...
Read More »Tim Cook, Apple’s CEO, Announces Substantial Investment in Generative AI
On Wednesday, Apple CEO Tim Cook announced a significant financial commitment to artificial intelligence, marking a noteworthy indication of the tech giant’s embrace of the prevailing generative AI trend. Speaking at Apple’s virtual annual shareholder meeting, Cook expressed the company’s recognition of the remarkable breakthrough potential within generative AI, explaining ...
Read More »Crypto Venture Funding Surges Following Bitcoin’s Remarkable Performance, Marking First Increase in Nearly Two Years
The year 2023 witnessed a significant resurgence in the crypto industry, and now, venture investors are re-entering the scene. According to PitchBook’s report on Thursday, venture funding for companies associated with crypto reached $1.9 billion in the fourth quarter of 2023, indicating a 2.5% increase from the previous quarter. This ...
Read More »Tim Cook Hints at Upcoming Apple AI Announcement Later in the Year
During a call with analysts following the announcement of the company’s fiscal first-quarter earnings, Apple CEO Tim Cook hinted at the possibility of an artificial intelligence (AI) announcement later in the year. Although Cook’s comments on Thursday lacked specific details, they suggested Apple’s intention to enter the competitive arena against ...
Read More »Samsung Set to Unveil New AI-Powered Phones on January 17th
Samsung has revealed plans for a press conference in San Jose, California, scheduled for January 17th, during which it will introduce its latest Galaxy phones. Positioned as Apple’s primary competitor in the smartphone market, Samsung boasts a 20% global market share compared to Apple’s 16%, according to Counterpoint Research. In ...
Read More »Bitcoin Surpasses $45,000, Marking Its First Time Since April 2022 as Cryptocurrency Surges to Start the New Year
Commencing the year 2024 with a robust surge, Bitcoin surpassed the $45,000 mark for the first time since April 2022. This notable increase was attributed to escalating geopolitical tensions in the Red Sea and growing optimism surrounding the potential approval of a Bitcoin exchange-traded fund. According to Coin Metrics, the ...
Read More »Surge in AI Development Fails to Drive Growth in China’s Cloud Market
Despite the widespread enthusiasm surrounding artificial intelligence (AI), it appears that this excitement has not translated into a significant surge in spending on cloud services in mainland China. According to a report by tech market analysis firm Canalys, the Chinese cloud services market continues to exhibit a conservative stance, with ...
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