Microsoft’s Q3 results surpassed estimates for both revenue and earnings. But the revenue forecast for Q4 was less than anticipated, with the company reportedly projecting $64 billion, which is below the consensus of $64.5 billion – (only just). Revenue: $61.86 vs. $60.80 billion expected Earnings per share: $2.94 vs. $2.82 expected Additionally,Read More →
AI startup Synthesia on Thursday 25th April 2024 announced its ‘Expressive Avatars’. These are AI-generated digital avatars that can express human emotions including happiness, sadness, and frustration. Synthesia, supported by the tech giant Nvidia, reportedly secured an investment of $90 million in 2023, reaching a valuation close to $1 billion.Read More →
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 →
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 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 →
The CEO of Tesla, Elon Musk recently made an announcement regarding the company’s robotaxi. According to his social media post on X, Tesla will unveil its robotaxi product on 8th August 2024. This project has been a topic of discussion for several years and could potentially represent a significant new business venture for Tesla. Read 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 →
Reports indicate that Apple is delving into AI-powered robotics, aiming to innovate within the home robotics sector. A Bloomberg article reveals that the tech titan is exploring two fascinating initiatives. Mobile Robot Apple is reportedly exploring the development of a robot that can accompany its owner. Envision a congenial AIRead More →
NVIDIA reportedly introduced about twenty or so new AI-driven tools tailored for healthcare at its 2024 GTC AI conference, securing partnerships with Johnson & Johnson and GE Healthcare for surgical and medical imaging applications. For the AI chip pioneer, venturing into healthcare represents a decade-long development effort with substantial revenueRead More →
The U.S. has reportedly initiated a significant lawsuit against Apple, alleging that the technology giant has monopolised the smartphone market and stifled competition. The Justice Department claims that Apple has misused its dominance over the iPhone App Store to ‘lock in’ customers and developers. The company is also accused ofRead 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 →
Apple playing AI catchup Apple is reportedly engaged in negotiations to acquire a licence for Google’s Gemini, a generative AI platform, with the intention of integrating it into iPhones. These ongoing discussions may result in Gemini enhancing iPhone software with new features later this year. The terms, branding, and implementationRead 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 →
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 →
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 S&P 500 surged to a new all-time high on Thursday 22nd February 2024 Microchip maker Nvidia reported much stronger-than-expected quarterly results, lifting tech sector and markets higher. S&P 500 The S&P 500 gained just over 2% to close at 5087, notching its best day since January 2023. The Nasdaq Composite advanced 2.96% forRead 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 →
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 →
The new AI tool from OpenAI named Sora, can generate realistic videos from text prompts. OpenAI has developed a new AI tool named Sora that can generate highly detailed videos of up to 60 seconds from descriptive text prompts. The tool has raised concerns about its potential misuse, particularly inRead 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 →
AI ‘trading bots’ are software programs that use artificial intelligence (AI) to analyse market data, generate trading signals, and execute trades automatically. ‘I meant Artificial Intelligence Investing not ‘Alien’ Investing (AI)’ AI trading bots are becoming more popular among investors who want to take advantage of the speed, accuracy, andRead More →