Search results for "ai technology"

Climate Tech Firm to Launch Scaled-Up Plant Sucking CO2 from Air

Construction is due to begin on Wednesday on what could become the world’s biggest plant to capture carbon dioxide from the air and deposit it underground, the company behind the nascent green technology said. Swiss start-up Climeworks AG said its second large-scale direct air capture (DAC) plant will be built in Iceland in 18-24 months, […]

How Did India Benefit from Western Technology?

Over the past few years, India immensely benefited from Western technologies in various aspects. For a country with a relatively fractured economy, technology swooped in to simplify and accelerate mass production for an extensively increased population, allowing them to improve their production of raw materials, typically traded in global economies. Adopting western technology in India […]

What are the Features of the Latest MacBook Air with M2 Chip?

The MacBook Air was introduced by Apple in 2008 as the thinnest laptop in the world, replacing the Toshiba Protégé. The new form-factor Apple laptop has been a direct hit since then, combining portability, battery lifetime, and performance. During the latest Apple Worldwide Developers Conference (WWDC) 2022, A new MacBook Air was announced, designed around […]

Australian Retail Giants Targeted in Facial Recognition Tech Complaint

A major consumer group has referred three of Australia’s biggest retail chains to the privacy regulator, saying they use “unreasonably intrusive” facial recognition technology on customers and recommending enforcement action. CHOICE, in a complaint to the Office of the Australian Information Commissioner (OAIC) published on Monday, said use of the technology at JB Hi-Fi Ltd’s […]

Bahrain in Talks for Cloud Computing, FDI Deals

Bahrain is in advanced talks for investment deals with cloud computing companies from the United States, China and the United Arab Emirates, an Economic Development Board executive said, as the country seeks to diversify its oil-based economy. Cloud computing and foreign direct investment are key planks of Bahrain’s economic recovery programme that aims to grow […]

Chinese Fashion Tech Firm LincTex Digital Raises $100 Million

LincTex Digital, best known for developing its virtual try-on technology for fashion e-commerce, raised $100 million in a fund-raising round led by Hillhouse Capital and CDH Investments, according to the company’s official WeChat account. The money has been earmarked for international expansion and a further shift into the digital fashion realm, it said on Tuesday. […]

How AI Can Take Businesses to the Next Level

Data is undoubtedly the central player in today’s business world. The different markets have reached a level of competitiveness that companies have been looking for the killer idea or even the best understanding of the market that will provide it with a competitive edge. Artificial intelligence (AI) has become an integral component in the operations […]

What Led to the Crypto Crash? The 5 Main Factors 

The entire crypto market has been playing limbo, seeing how low it can go day after day. As the lowest plunge hits an 18-month record low in overall value, we are all left wondering what led to the crypto crash and what the biggest factors were that culminated in the perfect storm of recent months. […]

Toshiba, Sony Lose Court Fight Against EU Cartel Fine

Toshiba, Sony and Samsung Electronics on Thursday lost their court fight against an EU cartel fine levied seven years ago for colluding in procurement tenders for optical disc drives. The European Commission in 2015 fined five companies 116 million euros ($120.5 million), with the biggest fine of 41.3 million euros going to Toshiba Samsung Storage […]

Google Engineer Suspended over Reporting Company's LaMDA AI Chatbot to be Sentient

According to The Washington Post, Blake Lemoine, a member of Google’s Responsible AI organization, started speaking with LaMDA, Language Model for Dialogue Applications, as part of his job. He had agreed to participate in the experiment to see if the AI used hateful or discriminating language but came to a disturbing conclusion after sharing his conversation […]