Alphabet announced on Thursday 25th April 2024 that it is issuing its first-ever dividend of 20 cents per share and that its board has authorised a stock repurchase of up to $70 billion. This announcement follows Meta’s board authorising its own inaugural dividend in February. As of 31st March 2024,Read 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 →
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 →
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 →
U.S. microchip giant Advanced Micro Devices (AMD) is investing in AI PCs to take on the likes of Nvidia and Intel and Arm as the AI race gains momentum. As the AI market expands so too will AI powered personal computer (PC). These are personal computers embedded with processors specifically designed to perform AI functions suchRead More →
Nasdaq 100 futures declined around 0.75%. S&P 500 futures were also down around 0.4% In after-hours trading, shares of Alphabet dropped more than 5%, while Microsoft slipped 2% after the tech giants, part of the Magnificent Seven posted quarterly earnings. However, both companies achieved on both top and bottom lines. However, advertising revenue for Alphabet came short ofRead More →
That’s reassuring then, and they are creating it Leaders at some of the world’s leading artificial intelligence (AI) companies are expecting a form of AI on a par with, or even exceeding human intelligence to arrive sometime in the near future. But what it will eventually look like and howRead More →
The Magnificent Seven is a term coined to describe the seven most valuable and popularly owned tech companies in the U.S. stock market. It was also a 1960’s movie… The Seven Apple (AAPL) The world’s largest software company, known for its iPhone, iPad, Mac, Apple Watch, AirPods, and other devices, asRead More →
Intel’s new chip will go head-to-head with Nvidia and AMD Intel unveiled new computer microchips on Thursday 14th December 2023, including Gaudi3, a chip for generative AI software. Intel also announced Core Ultra chips, designed for Windows laptops and PCs, and new fifth-generation Xeon server chips. Intel’s server and PCRead More →
Meta, OpenAI, and Microsoft said they will use AMD’s newest AI chip, the Instinct MI300X. An indication that tech companies want alternatives to the expensive Nvidia graphics processors that have been essential for artificial intelligence (AI). If the MI300X is good enough and inexpensive enough when it starts shipping earlyRead More →
Pressure mounts on the Google to demonstrate how it plans monetize AI. Google has launched its largest and most capable (by its own admission) artificial intelligence (AI) model on Wednesday 6th December 2023 pressure mounts on the company to answer how it’ll monetize AI. Gemini The large language model Gemini willRead More →
An old well established and trusted tech brand pivoting to AI that has a high dividend yield is IBM, which has been around for more than a century and is known for both its hardware and software products. IBM is investing heavily in AI, cloud computing, and quantum computing, and hasRead More →
Apple and generative AI technology is a topic that has been generating a lot of interest and speculation lately. According to various reports, Apple is working on developing its own large language model and chatbot, which could potentially enhance its products and services with new features and capabilities. However, someRead More →
Many large tech companies are planning to create their own energy supply or source power from 100% renewable generators. This is mainly because they have high electricity consumption, especially for their data centres, and they want to reduce their carbon footprint and achieve net-zero emissions targets. BIG tech companies thatRead More →
The Magnificent Seven tech stocks These are the seven largest U.S. listed companies in the technology sector. Apple, Microsoft, Amazon, Alphabet, Nvidia, Tesla and Meta Platforms. According to a report released Monday 2nd October 2023, these tech’ stocks have seen their valuation drop relative to the median stock in theRead More →
I can see and hear and speak… OpenAI’s ChatGPT can now ‘see, hear and speak,’ or, at least, understand spoken words, respond with a synthetic voice and process images, the company announced Monday 25th September 2023. The update to the chatbot OpenAI’s biggest since the introduction of GPT-4, allows users to opt intoRead More →
E-commerce conglomerate Amazon announced on Monday 25th September 2023 that it will invest up to $4 billion in artificial intelligence (AI) firm Anthropic, a rival to ChatGPT developer OpenAI, and take a minority ownership position in the company. The move further enforces Amazon’s aggressive AI push as it aims toRead More →
Reports suggest as much as $3 trillion is waiting on the sidelines to be invested in tech’. AI FOMO The reasoning is that AI is driving a fear of missing out (FOMO). We could very well be experiencing the fourth industrial revolution right now, and it is AI-driven. Strategically, companiesRead More →
Top tech stocks The Magnificent Seven is a term to describe seven tech’ stocks that have been surging in 2023. Dominant These seven stocks are considered to be dominant in their respective fields and have strong growth prospects driven by innovation and artificial intelligence (AI). They have outperformed the broaderRead More →
More than 6 million users already Baidu also announced that more than 6 million users have used an AI powered tool that sits inside its Google drive-like cloud product. At the 4th September event, Baidu also demonstrated ‘displayed generative’ AI-based products that could assist with traffic management, financial research andRead More →
Chip design firm Arm on 5th September 2023 submitted an updated filing for its upcoming initial public offering on the New York Stock Exchange, setting a price range between $47 and $51. Only 9.4% of Arm’s shares will be freely traded on the NYSE. Arm was previously listed in LondonRead More →
Nvidia shares rose 4.2% Tuesday 29th August 2023 to close at a record high, after the company announced a partnership with Google that could expand distribution of its artificial intelligence technology (AI). The stock’s bountiful run continued, now up 234% in 2023, making it by far the best performer in the S&P 500.Read More →
Brief ARM history Arm is a British semiconductor and software design company that is known for its Arm processors, which are widely used in smartphones, tablets, laptops, and other devices. Arm was founded in 1990 as a joint venture between Acorn Computers, Apple Computer, and VLSI Technology. The company wasRead More →
British microchip designing giant Arm has announced that it has filed paperwork to sell its shares in the U.S. The Cambridge-based company, which designs chips for devices from smartphones to game consoles, plans to list on New York’s Nasdaq in September. The highly anticipated IPO in the U.S. comes after UKRead More →
Amazon is one of the leading companies in the field of artificial intelligence (AI) and has been developing its own custom chips to power its AI applications and services. Amazon’s AI chips are designed to perform tasks such as natural language processing, computer vision, speech recognition, and machine learning inferenceRead More →