Banks Warn of New Risks in Increasing Dependence on Big Tech for AI
The integration of artificial intelligence (AI) in banking continues to surge, largely driven by the innovations following OpenAI’s launch of the ChatGPT chatbot in late 2022. This technological shift is…
Apple to Address Parental Control Flaw in Upcoming Update
Apple has committed to fixing a long-standing bug in its parental control system that permits children to bypass internet restrictions and access adult content by inputting a specific nonsensical phrase…
Humane Seeks $1 Billion Sale After AI Pin Fails to Impress
Humane,the AI hardware startup founded by former Apple designers, is reportedly seeking a buyout valued at over $1 billion despite poor reception and low sales of its AI Pin device.…
Short positions in Nvidia reach $34 billion, according to S3 Partners.
As Nvidia inches closer to overtaking Microsoft as the world’s most valuable company, its rapid ascent has not gone unnoticed in the financial markets. With Nvidia’s shares skyrocketing, a significant…
Stability AI Launches New Sound Generator
Stability AI, known for its AI-powered art generator Stable Diffusion, has launched a new open AI model called Stable Audio Open, designed for generating sounds and songs. The model was…
Samsung Union Initiates First-Ever Strike Due to Wage Disagreement
On a significant day in Samsung Electronics Co.‘s history, the company witnessed its first-ever strike by the largest union, marking a pivotal moment in the tech giant’s 55-year history. The…
US Regulators Investigate Microsoft, OpenAI, and Nvidia for Potential Antitrust Violations
Microsoft, OpenAI, and Nvidia are under heightened scrutiny from US regulators for potential breaches of antitrust laws in the artificial intelligence sector. The Department of Justice (DoJ) and the Federal…
Sirion, Valued at Approximately $1 Billion, Acquires Eigen Amid Consolidation in Enterprise AI Tools Sector
In a strategic move that underscores the growing integration of AI technology in business applications, Sirion Labs, a pioneering company in AI-powered contract management, has acquired Eigen Technologies. This deal…
Tesla’s Elon Musk May Depart if $56 Billion Compensation Plan Fails, Board Chair Warns Shareholders
Tesla’s board chair, Robyn Denholm, is urging shareholders to approve Elon Musk’s extraordinary $56 billion compensation package, cautioning that rejecting the proposal might lead the CEO to explore other opportunities.…
Australia Ends Legal Battle to Have Violent Video Removed by X
Australia’s eSafety Commission has concluded its legal efforts to have a violent video depicting a clergyman’s stabbing removed from X (formerly Twitter). The incident, which occurred on April 15 in…
China’s Chang’e-6 Captures Historic AI-Enhanced Selfie on the Moon’s Far Side
In a groundbreaking development in space exploration, the Chang’e-6 mission has made headlines not just for its scientific accomplishments but also for the unique way it captured images on the…
Google Invites Public to Help Save Coral Reefs with AI
Google has introduced an innovative AI tool, SurfPerch, designed to enhance our understanding of coral reef ecosystems and their health. Developed in collaboration with Google Research and DeepMind, SurfPerch analyzes…
Khosla Ventures Invests in AI-Powered Weather Balloon Startup Windborne
Windborne, a California-based startup, has secured a $15 million investment led by Khosla Ventures. This funding is aimed at enhancing the startup’s pioneering use of AI and weather balloons to…
China Ramps Up Grid Projects in Response to Renewable Energy Surge
China is undergoing a substantial enhancement of its grid infrastructure as the country faces a significant increase in renewable energy production, placing immense stress on the existing electrical systems. The…
Apple to Unveil New ‘Passwords’ App at WWDC Next Week
Apple is set to introduce a new application called Passwords at its upcoming Worldwide Developers Conference (WWDC), according to Bloomberg. This standalone app will help users manage their login credentials…
Humane Issues Warning on Charging Case Due to Fire Hazard
This week has been tumultuous for the tech startup Humane, following its recent product launch debacle with the Ai Pin. Adding to its challenges, Humane has issued a precautionary warning…
Hon Hai to Build Advanced Computing Center on NVIDIA’s Blackwell Platform
Kaohsiung, Taiwan – Hon Hai Technology Group, widely recognized as Foxconn, is poised to dramatically expand its technological horizons with the introduction of a new advanced computing center in Kaohsiung,…
Elon Musk Doesn’t Grasp EU’s Worries About X Disinformation, Says Official
EU Commissioner Vera Jourová has voiced significant concerns about Elon Musk’s grasp of European issues surrounding disinformation on X, the social media platform formerly known as Twitter. Jurová’s comments come…
MediaTek Enhances AI Capabilities with Latest Chipsets Unveiled at Computex 2024
On June 1, MediaTek celebrated its 27th anniversary at Computex 2024, a significant milestone that was not just a celebratory event but also a platform to unveil its bold new…
OpenAI, Google Deepmind Workers Urged to Improve Whistleblower Protections
A collective of current and former OpenAI employees from prominent AI companies such as OpenAI, Google DeepMind, and Anthropic issued an open letter, voicing concerns over the rapid advancement of…