Today: September 26, 2024
Today: September 26, 2024

Artificial Intelligence

Technology

Alphabet to invest $3.3 billion for two data centers in South Carolina

Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai said, at a time when the Google parent and its rivals invest heavily in

Alphabet to invest $3.3 billion for two data centers in South Carolina
Technology

OpenAI chair says board has discussed equity compensation for CEO Sam Altman

OpenAI Chair Bret Taylor said on Thursday the company's board has discussed whether to compensate CEO Sam Altman with equity but no decision has been made.

OpenAI chair says board has discussed equity compensation for CEO Sam Altman
Business|Finance|Technology

OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders

OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
Business|Technology

Microsoft to make $2.7 billion cloud, AI investments in Brazil

Microsoft on Thursday pledged to invest 14.7 billion reais ($2.70 billion) in Brazil over three years to enhance its cloud infrastructure and artificial intelligence (AI) in

Microsoft to make $2.7 billion cloud, AI investments in Brazil
Business|Technology

OpenAI CEO denies exec departures linked to restructuring

Sam Altman denied on Thursday that there was any link between the departure of three senior OpenAI executives and a planned

OpenAI CEO denies exec departures linked to restructuring
Business|Finance|Technology

Accenture's AI business takes center stage in quarterly results beat

IT services major Accenture unveiled a $4 billion share buyback on Thursday and beat quarterly earnings expectations thanks to strong demand for its services that help businesses adopt

Accenture's AI business takes center stage in quarterly results beat
Business|Finance|Technology

Power thirst complicates ESG investors' love affair with tech stocks

Investors who manage hundreds of billions of dollars are pressing Microsoft, Alphabet and others for more information on the power needed for artificial

Power thirst complicates ESG investors' love affair with tech stocks
Finance|Stock Markets|Technology

Wall St closes higher on strong US economic data

The S&P 500 scored a record closing high and the Dow and Nasdaq rose on Thursday, as Micron Technology shares rallied and a strong U.S. jobless claims report eased labor market

Wall St closes higher on strong US economic data
Business|Technology

OpenAI key personnel changes

Microsoft-backed OpenAI is planning to restructure its core business into a for-profit benefit corporation no longer controlled by its non-profit board, Reuters reported on Wednesday, even

OpenAI key personnel changes
Business|Europe|Finance|Technology

Blackstone confirms $13 billion investment in Britain for AI data centre

U.S. private equity firm Blackstone has confirmed a 10 billion pound ($13.3 billion) investment for an artificial intelligence data centre in northeast England, the British prime

Blackstone confirms $13 billion investment in Britain for AI data centre
Business|Technology

OpenAI Chief Technology Officer Mira Murati and 2 other execs are leaving the ChatGPT maker

A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year says she’s leaving the artificial intelligence company

OpenAI Chief Technology Officer Mira Murati and 2 other execs are leaving the ChatGPT maker
Business|Technology

OpenAI to remove non-profit control and give Sam Altman equity, sources say

ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be

OpenAI to remove non-profit control and give Sam Altman equity, sources say
Business|Finance|Stock Markets|Technology

Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips

Micron Technology shares surged roughly 14% in after-hours trading after the memory maker forecast higher than expected first-quarter revenue due to the thirst for

Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips
Business|Entertainment|Technology

Meta is bringing the voices of Judi Dench, John Cena and Keegan-Michael Key to its AI chatbot

Meta is bringing the voices of Judi Dench, John Cena and Keegan-Michael Key to its AI chatbot

Meta is bringing the voices of Judi Dench, John Cena and Keegan-Michael Key to its AI chatbot
Business|Technology

Meta's top five announcements at 'Connect' event

Meta CEO Mark Zuckerberg on Wednesday unveiled an affordable mixed reality headset and the prototype of its first augmented reality glasses at the company's annual "Connect" conference.

Meta's top five announcements at 'Connect' event
Business|Technology

OpenAI's technology chief Mira Murati, two other research executives to leave

Three top technical leaders at Microsoft-backed OpenAI quit on Wednesday, the latest in a string of executive departures this year coming at a time of flux for the ChatGPT

OpenAI's technology chief Mira Murati, two other research executives to leave
Business|Technology

Meta unveils cheaper VR headset, AI updates and shows off prototype for holographic AR glasses

Meta has unveiled updates to the company’s virtual reality headset and Ray Ban smart glasses along as it tries to demonstrate its artificial intelligence prowess and the next generation of computing platforms beyond smartphones and computers

Meta unveils cheaper VR headset, AI updates and shows off prototype for holographic AR glasses
Business|Technology

US FTC announces crackdown on deceptive AI claims, schemes

The U.S. Federal Trade Commission announced actions against five companies on Wednesday that it said used artificial intelligence in deceptive and unfair ways.

US FTC announces crackdown on deceptive AI claims, schemes
Entertainment|Technology

Can AI make video games more immersive? Some studios turn to AI-fueled NPCs for more interaction

For decades, video games have relied on scripted, stilted interactions with non-player characters to help shepherd gamers in their journeys

Can AI make video games more immersive? Some studios turn to AI-fueled NPCs for more interaction
Technology

Meta unveils AR glasses prototype, Zuckerberg's 'time machine' to future

Facebook owner Meta Platforms showed off its first working prototype of augmented-reality glasses, called Orion, during its annual Connect conference on

Meta unveils AR glasses prototype, Zuckerberg's 'time machine' to future
Business|Europe|Technology

Meta will not immediately join EU's AI Pact ahead of new law

Meta Platforms will not immediately join the European Union's AI Pact, a company spokesperson said on Tuesday.

Meta will not immediately join EU's AI Pact ahead of new law
Americas|Business|Finance|Technology

Microsoft to spend $1.3 billion in Mexico on cloud, AI tech

Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company

Microsoft to spend $1.3 billion in Mexico on cloud, AI tech
Business|Entertainment|Technology

'Titanic' director James Cameron joins Stability AI board

Stability AI said on Tuesday James Cameron, the director of "Titanic" and "The Terminator" movies, had joined the artificial intelligence startup's board.

'Titanic' director James Cameron joins Stability AI board
Business|Technology

Almost all small businesses are using a software tool that is enabled by AI

More small firms say they’re harnessing AI to help their businesses

Almost all small businesses are using a software tool that is enabled by AI

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