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Meta's value plummets as Zuckerberg admits AI needs more time and money: Revenues up, but is the AI hype bubble is threatening to burst?
theregister.com/2024/04/25/facebooks_value_plummets_as_zuckerberg/
Quick Glance: Meta Invests Heavily in Artificial Intelligence
- Meta focuses on AI to enhance app appeal
- The smart glasses with AI capabilities aim to attract users
- Meta envisions AI assistants for complex tasks in communication
- Meta aims to become a global leader in AI, despite significant investments
UK regulator examines Microsoft and Amazon’s AI dealmaking: Request for comments into Big Tech’s alliances with artificial intelligence start-ups follows CMA ...
ft.com/content/0597a834-c101-4d01-893d-87c2eca122c9
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reut.rs/4d6PnFn
Stripe, doubling down on embedded finance, de-couples payments from the rest of its stack
techcrunch.com/2024/04/24/stripe-doubling-down-on-embedded-finance-de-couples-payments-from-the-rest-of-its-stack/
Google Fires 20 More Over Protests, Former Employees Call It 'Textbook Evil': A handful of the 50 fired employees say Google has a role in 'AI-powered genocide ...
pcmag.com/news/google-fires-20-more-over-protests-former-employees-call-it-textbook-evil
Quick Glance: Innovation and Performance: Overview of Google Gemini 1.0 Ultra
- Google Gemini 1.0 Ultra offers a user-friendly interface, longer queries, and improved coding results.
- As a large language model (LLM), Gemini can handle complex queries and mimic human language.
- The Advanced subscription of Google Gemini 1.0 Ultra costs $19.99 per month, providing access to the most powerful model.
- Gemini also supports coding in at least 20 programming languages and has features for debugging and explaining code.
Nvidia is buying an Israeli AI software startup that makes AI chips more efficient
qz.com/nvidia-buying-ai-software-startup-run-ai-1851432821
Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
apnews.com/article/microsoft-amazon-anthropic-ai-investment-scrutiny-a52f6409fa6ee9b335ab6801b8e84cde
Quick Glance: UK Watchdog Scrutinizes AI Partnerships Involving Tech Giants
- Britain's competition watchdog is reviewing AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic.
- Third-party opinions are being sought on Microsoft's hiring of former Inflection AI employees and related arrangements.
- The CMA is already investigating Microsoft's partnership with Open AI and is awaiting requested information from the companies.
- Views are invited until May 9 before formal investigations begin on the partnerships.
Meta is putting AI front and center in its apps, and some users are annoyed: Meta’s artificial intelligence-powered assistant is suddenly everywhere in its ...
nbcnews.com/tech/tech-news/meta-putting-ai-front-center-apps-users-are-annoyed-rcna148857
Even Nvidia Can't Pull Off This Feat. Only One AI Stock Has.: Outshining AI giants Nvidia, Meta and Google, HubSpot has secured placement on three premier ...
investors.com/research/ibd-stock-analysis/hubspot-stock-nvidia-meta-google/
Vietnam's FPT to invest $200 mln in AI factory using Nvidia chips: Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory ...
reuters.com/technology/vietnams-fpt-invest-200-mln-ai-factory-using-nvidia-chips-2024-04-23/
Tech Stocks Tumble As Meta’s AI Bet Spooks Investors: “There are several ways to build a massive business here,” Meta CEO Mark Zuckerberg told investors ...
forbes.com/sites/roberthart/2024/04/25/tech-stocks-tumble-as-metas-ai-bet-spooks-investors/
Diddo’s new funding will bring its shoppable TV API to streaming platforms: Diddo is an API for streaming services and other platforms to integrate shoppable ...
techcrunch.com/2024/04/24/diddos-new-funding-will-bring-its-shoppable-tv-api-to-streaming-platforms/
Golem.de: IT news for professionals: Golem.de - Constantly updated IT news for professionals and videos from politics, business and science about hardware ...
golem.de/
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
cnbc.com/2024/04/25/nvidia-backed-synthesia-unveils-ai-avatars-that-can-be-generated-from-text.html
Rabbit's AI Assistant Is Here. And Soon a Camera Wearable Will Be Too: WIRED went along to the company's launch event where customers picked up the very first ...
wired.com/story/rabbit-r1-launch-event-nyc/
Quick Glance: Rabbit R1: More Fun and Accessible than Humane AI Pin
- The Rabbit R1 is a compact AI companion with a screen and camera.
- Compared to the Humane AI Pin, the R1 is more affordable and user-friendly.
- R1 offers a range of features like image recognition and a personal touch.
- Rabbit promises continuous improvements and new features for the R1.
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
venturebeat.com/ai/nvidia-to-purchase-runai-for-700m-further-asserting-its-dominance-in-the-ai-stack/
Memory maker SK Hynix's profit jump shows AI demand is going strong: The memory maker's strong performance reflects the high demand for AI chips such ...
zdnet.com/article/sk-hynixs-profit-jump-shows-ai-demand-is-going-strong/
Quick Glance: SK Hynix Anticipates Full Chip Recovery Post Q1 Profit Surprising AI Boom
- SK Hynix anticipates a complete recovery in memory chips due to AI demand, achieving its highest profit in nearly two years by selling advanced DRAM chips with High Bandwidth Memory (HBM) for generative AI chipsets.
- The company surpassed expectations for an operating profit of 1.88 trillion won by LSEG SmartEstimate, stating that the memory market is entering a full recovery cycle.
- SK Hynix is the biggest beneficiary of the explosive increase in AI adoption, serving as the main supplier of HBM chips for Nvidia's graphic processing units training AI systems.
- To outpace competition, SK Hynix announced a $3.87 billion investment to construct an advanced chip packaging plant in Indiana with an HBM chip line and research and development for AI products.
Suddenly Nvidia is running again - Analyst: Lots of room for improvement: Investors are buying into Nvidia again.
deraktionaer.de/artikel/aktien/ploetzlich-laeuft-nvidia-wieder-analyst-viel-luft-nach-oben--20356001.html
Resellers enable Chinese access to Nvidia AI chips via Dell and Super Micro servers, despite US restrictions
techspot.com/news/102706-resellers-enable-chinese-access-nvidia-ai-chips-dell.html
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
AI Search Startup Perplexity Valued at $1 Billion in Funding Round: Perplexity’s valuation has doubled in three months in a clear sign of investor enthusiasm for ...
bloomberg.com/news/articles/2024-04-23/ai-search-startup-perplexity-valued-at-1-billion-in-funding-round
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China probably secures state-of-the-art AI chips through the back door: The American government is trying to stop the export of special processors optimized for ...
faz.net/aktuell/wirtschaft/kuenstliche-intelligenz/china-sichert-sich-hochmoderne-ki-chips-wohl-durch-die-hintertuer-19672828.html
French startup FlexAI exits stealth with $30M to ease access to AI compute: With the current iteration of its product going through its paces with a handful of ...
techcrunch.com/2024/04/23/french-startup-flexai-exits-stealth-with-30m-to-ease-access-to-ai-compute/
Nvidia AI Chips Are Still Shipping to China Despite US Export Ban: The US doesn't want its most advanced computer chips sent to China, but a new report finds ...
pcmag.com/news/nvidia-ai-chips-are-still-shipping-to-china-despite-us-export-ban
AI start-up unveils avatars that convincingly show human emotions : Synthesia’s so-called expressive avatars can go from happy to frustrated.
euronews.com/next/2024/04/25/ai-start-up-unveils-avatars-that-convincingly-show-human-emotions
Nvidia and Super Micro too expensive? This is the cheapest AI stock in the world!
deraktionaer.de/artikel/aktien/nvidia-und-super-micro-zu-teuer-das-ist-die-guenstigste-ki-aktie-der-welt-20356083.html
Nvidia CEO hand-delivers world's fastest AI system to OpenAI, again - first DGX H200 given to Sam Altman and Greg Brockman
tomshardware.com/tech-industry/artificial-intelligence/nvidia-ceo-hand-delivers-worlds-fastest-ai-system-to-openai-again-first-dgx-h200-given-to-sam-altman-and-greg-brockman
Are self-driving cars safe enough yet?: Cruise, Waymo, Tesla, and others are racing to get their full self-driving cars on the road, but sometimes with a deadly ...
qz.com/are-self-driving-cars-safe-enough-yet-1851422300
Meta: More sales, more profits and investments in AI: Meta reported decent revenue growth in the first quarter of 2024. The parent company of Facebook, Instagram ...
stadt-bremerhaven.de/meta-mehr-umsatz-mehr-gewinn-und-investitionen-in-ki/
Stocks end mixed in muted trading; Nashville scores a health-care tech coup: Most of Wall St. drifts in mixed trading
postandcourier.com/stocks-end-mixed-in-muted-trading-nashville-scores-a-health-care-tech-coup/article_7d4c4010-023e-11ef-bd1b-2b69c6227166.html
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