Meta Platforms Inc. suffered a serious loss, witnessing its market value plummet by $200 billion. The decline happened following the company’s first-quarter earnings call, during which CEO Mark Zuckerberg highlighted the company’s substantial investments in artificial intelligence (AI) and the Metaverse, instead of concentrating on immediate revenue streams. Despite aRead More →
Powering artificial intelligence (AI) models takes a substantial toll on our planet’s energy resources. Delving deeper into AI, it becomes crucial to comprehend the environmental impact of this technological revolution. Current trends A new peer-reviewed study featured in ‘Joule‘ highlights the significant energy requirements of AI. The research, carried outRead More →
Meta’s complimentary artificial intelligence (AI) assistant, known as Meta AI, is being introduced across its social media platforms, including WhatsApp, Instagram, Facebook, and Messenger. The assistant is reportedly designed to respond to queries, craft animations, and produce ‘high-quality’ images, according to Meta CEO Mark Zuckerberg in a recent video posting.Read More →
The company intends to reduce its global workforce by over 10%, amounting to roughly 14,000 employees As of December, Tesla had a total of 140,473 employees worldwide. This decision is believed to be a response to the obstacles Tesla is encountering with slowing growth and operational effectiveness and cheaper competition. In anRead More →
Nvidia, manufacturer of one of the most advanced graphics processing units (GPUs), has significantly benefited from the artificial intelligence (AI) surge due to the high demand for its microchips. The company’s shares have fallen 10% from their recent all-time high, which was over $950. On Tuesday, 9th April 2024, theRead More →
The recent surge of interest in artificial intelligence (AI) has ignited a significant rally in technology stocks. Firms engaged in AI development, such as semiconductor producers crucial to AI technology and cloud service providers offering the necessary computing infrastructure, have experienced significant returns. The stock market is abuzz with excitement over artificialRead More →
The Generation AI: How the next wave of young innovators will shape the future Artificial intelligence (AI) is not only a technology that is transforming the world, but also a culture that is inspiring the next generation of young innovators. The Generation AI is a term that refers to theRead More →
Generative Artificial Intelligence Artificial intelligence (AI) is not only a powerful tool for solving problems but is also a source of creativity and innovation. Generative AI is a type of AI that can create new and realistic content, such as images, text, music, software, and product designs, by learning fromRead More →
Samsung Electronics anticipates its profits for the first quarter of 2024 to surge more than tenfold compared to the previous year. This projection is due to the recovery in chip prices following a post-pandemic decline and a surge in demand for artificial intelligence (AI) related products. As the world’s leadingRead More →
Nvidia have announced a new generation of artificial intelligence chips and software for running AI models. It’s called: The Blackwell B200 GPU Blackwell B200 GPU The Blackwell B200 is the successor to Nvidia’s Hopper H100 and H200 GPUs. It represents a massive generational leap in computational power. AI Performance: TheRead More →
Microsoft: Pioneering Supercomputing for the AI future In the ever-evolving landscape of technology, Microsoft stands out as a global supercomputing firm that’s making significant strides in the field of artificial intelligence (AI). With a vision to empower developers and organizations, Microsoft has invested heavily in creating cutting-edge infrastructure that fuels AI researchRead More →
Elon Musk sparked intense debate on the trajectory of artificial intelligence (AI) after he shared a clip from the Joe Rogan Experience podcast via his X account. In the video, futurist Raymond Kurzweil explored the future of artificial intelligence (AI), proposing that it might soon outstrip human intellect. Elon Musk,Read More →
The European Union (EU) has made history by approving the world’s first comprehensive regulatory framework for artificial intelligence (AI). Artificial Intelligence Act Known as the Artificial Intelligence Act, this groundbreaking legislation is expected to serve as a global signpost for other governments grappling with how to regulate this fast-developing technology. The AI Act takesRead More →
The World Wide Web (WWW), the invention attributed to Tim Berners-Lee while working at CERN, was conceived on 12th March 1989. This makes the World Wide Web 35 years old today. It is important to recognise that the Web and the Internet are two different entities; the Web is a service that functions via theRead More →
Figure AI is a robotics company that aims to create the first commercially viable humanoid robot. The plan is for the robot to perform various tasks in different industries. Brett Adcock, a former software engineer and entrepreneur, founded the company in 2023. He envisioned a way to enhance the qualityRead More →
As tech giant Nvidia soars on hype around artificial intelligence (AI), and as global stock indexes claim record highs, debate has grown about whether the stock market has entered a ‘bubble.’ An AI bubble of boom We are reminded of the dotcom bubble where investment was rife in anything tech – so, areRead More →
Google’s ‘Woke’ AI Problem needs attention In recent days, Google’s artificial intelligence (AI) tool, Gemini, has faced intense criticism online. As the tech giant’s answer to the OpenAI/Microsoft chatbot ChatGPT, Gemini can respond to text queries and even generate images based on prompts. However, its journey has been far from smooth.Read More →
Apple has reportedly cancelled its plans to build an electric car, bringing an end to a secretive project known as Project Titan The EV project consumed immense resources over the past 10 years, with executives from the company making an unexpected announcement. The decision to halt the program marks a significant retreat from Apple’sRead More →
Google on Thursday 22nd February 2024 said it is pausing its Gemini artificial intelligence (AI) image generation feature after saying it offers ‘inaccuracies’ in historical pictures Users had been reporting that the AI tool generated images of historical figures, like the U.S. Founding Fathers as people of colour, calling thisRead More →
The excitement surrounding artificial intelligence (AI) technology appears to show few signs of abating The technology company at the heart of the AI chip boom reported its Q4 earnings after the stock market’s close on Wednesday 21st February 2024, beating expectations for both earnings and sales. The company’s total revenue is up 265% fromRead More →
The Magnificent Seven, or MAMA ANT, is a term coined by Bank of America to describe the seven most dominant tech companies in the world The Seven are: Microsoft, Amazon, Meta Platforms, Apple, Nvidia, Tesla, and Alphabet. These companies have not only led the tech sector in terms of innovation,Read More →
Most of the world’s largest tech companies, including Microsoft, Amazon and Google have agreed to tackle what they are calling deceptive artificial intelligence (AI) in elections The tech accord The twenty companies have signed an accord committing them to fighting voter-deceiving content. They say they will deploy technology to detectRead More →
The use of nuclear reactors for data centres is a controversial and complex topic that has both advantages and disadvantages Nuclear reactors can provide a reliable, stable, and carbon-free source of electricity for power-hungry data centres, which are essential for the operation of various applications, such as artificial intelligence (AI).Read More →
Arm’s strong growth forecast has led investors to declare it an AI darling Arm shares soared 29% on Monday, extending last week’s rally as investors continue to applaud the chipmaker’s better-than-expected third-quarter earnings and its position in the artificial intelligence boom. Up 93% since 8th February 2024 Arm is now up 93% sinceRead More →
Facebook, the social media giant that connects billions of people around the world, celebrated its 20th anniversary on February 4, 2024. Founded by Mark Zuckerberg and his fellow Harvard students in 2004, Facebook has grown from a college network to a global phenomenon, with over 3 billion monthly users andRead More →
What is an NFT? A NFT is a non-fungible token, which means it is a unique digital identifier that cannot be copied, substituted, or subdivided. It is recorded on a blockchain, which is a type of digital ledger that stores information in a secure and decentralised way. A NFT isRead More →