Meta Platforms Inc is creating a new top-level product group focused on generative artificial intelligence (AI), Chief Executive Mark Zuckerberg said on Monday, as the AI race among Big Tech firms heats up. AI has emerged as a bright spot for investments in the tech industry, which has been struggling with slowing growth, and has […]
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A set of bumper earnings reports from the likes of Baidu Inc and other Chinese internet giants isn’t impressing hedge funds and other investors who have cut exposure to the stocks and seem to be waiting for more good news. For the now, investors remain wary of a market overshadowed by simmering Sino-U.S. tensions over […]
EU industry chief Thierry Breton on Monday said he was not taking sides in a clash between Big Tech and European telecoms operators over who should fund the rollout of 5G and broadband as the world’s largest telecoms conference opened in Barcelona. Speaking at the Mobile World Congress (MWC), Breton defended a 12-week consultation launched […]
As the artificial intelligence boom takes off, Nvidia Corp is expected to emerge as the biggest – though not the only – winner in the AI chip race among chipmakers after years of focusing on the technology has made it a go-to supplier for tech firms. AI has emerged as a bright spot for investments […]
As Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting for the high […]
Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc, on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to make it easier to carry out artificial intelligence work (AI) in Amazon’s cloud. While new generative AI services like chat-based search engines from Microsoft Corp and Alphabet Inc’s Google […]
Palantir Technologies on Monday forecast its first profitable year and said it had slowed hiring, cut stock-based payouts and reduced cloud computing investments in response to lower spending from recession-wary businesses. The forecast, coming on the back of better-than-expected fourth-quarter results, sent the data analytics software maker’s shares up 16% after hours and was set […]
South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry. The company’s ATOM chip is the latest Korean attempt to challenge global leader Nvidia Corp in the hardware that powers the potentially revolutionary AI […]
China’s current plan for self-reliance has sparked a sense of competition in the global community. As the world’s second-largest economy and a leader in technological advancement, China’s quest for independence and sovereignty has the potential to shape the future of the global economy and technology. But to truly fulfill its vision of self-reliance, China must […]
All innovations have been weaponized at some point in history and subsequently transformed warfare and politics. In the early 17th century, for example, French and Spanish sportspeople would attach knives to their muskets, favoring those made in Bayonne, France, when hunting dangerous games. In 1671, however, the French implemented the “bayonet” for military purposes, making […]