Generative Ai Boom
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Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
Generative AI is generating astronomical profits by trampling authors and publishers
Big tech wants a pass on the indiscriminate appropriations they have already undertaken and continue to press for their own gains. There isn’t a single, rational reason to accommodate them.The Hill - Politics -
Boomergasms Are Booming
Dating apps from Feeld to Match have become ground zero for aging singles to unlock their newfound sexual appetites—and a bolder sense of self.Wired - Tech -
Cohere releases toolkit to accelerate generative AI app development in the enterprise
Cohere's new developer toolkit is an open-source repository to build retrieval-augmented generation AI apps, reducing time to market to days.VentureBeat - Tech -
Salesforce Einstein Copilot brings new reasoning and actions to enterprise generative AI
Salesforce Einstein Copilot generative AI is now generally available, bringing new actions and analytics to enterprise users.VentureBeat - Tech -
AI-Generated Child Sexual Abuse Material May Overwhelm Tip Line
A report by Stanford researchers cautions that the National Center for Missing and Exploited Children doesn’t have the resources to help fight the new epidemic.The New York Times - Tech -
Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil. Shares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed ...The Guardian - World -
Google Thinks It Can Cash In on Generative AI. Microsoft Already Has
While both Alphabet and Microsoft boasted strong quarterly earnings, only one tech giant showed that its generative AI bet is starting to pay off.Wired - Tech - Google -
Estée Lauder and Microsoft partner to help beauty brands use generative AI
Estée Lauder partners with Microsoft to form AI Innovation Lab to research and develop gen AI beauty solutions for its 20+ brands.VentureBeat - Tech - Microsoft -
Tupac's estate threatens to sue Drake over diss track using what appears to be late rapper's AI-generated voice
Tupac Shakur’s estate is threatening to sue Drake over his recent Kendrick Lamar diss track, calling what appears to be the use of an artificial intelligence-generated version of the late rapper’s voice a “blatant abuse” of his legacy.NBC News - Top stories -
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.CNBC - Business -
Exclusive: Visa’s CIO shares insights on generative AI’s transformative potential in payments industry
Visa's CIO Don Hobson shares his vision for how generative AI will revolutionize the global payments landscape, from enhanced fraud detection to greater financial inclusion.VentureBeat - Tech -
Oracle doubles down on generative AI with new features to accelerate enterprise deal cycles
With the new features and the ones announced last month, Oracle now has more than 50 generative AI smarts handling different functions across Fusion Cloud applications.VentureBeat - Tech -
Amazon said it would let companies use their own generative artificial-intelligence models inside its AI app development platform.
Amazon said it would let companies use their own generative artificial-intelligence models inside its AI app development platform.The Wall Street Journal - World -
With YouTube Booming, Podcast Creators Get Camera-Ready
To some, “video podcasts” are a contradiction in terms. That hasn’t made them any less popular.The New York Times - Top stories -
As ketamine therapy booms, industry insiders worry about patient safety
Ketamine has become a popular alternative treatment for depression and other mental-health ailments — but doctors and regulators are increasingly concerned about its risks.MarketWatch - Business -
Latin American developer outsourcers capitalise on remote work boom
Agencies providing overseas-based staff for US clients have prosperedFinancial Times - World -
Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary. Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, ...The Guardian - World - Tesla -
Oregon's Sports Bra, a pub for women's sports fans, plans national expansion as interest booms
An Oregon sports bar focusing on and showing only women's athletics has plans to expand across the country through a franchise modelABC News - Sports -
It’s not only AI that hallucinates
Human memory is also fallible but people and machines can learn to complement each otherFinancial Times - Business -
Controversial AI photo comes to the market
UBS donates 166 photographs to DC museum; Brussels fair fights VAT hike; merged galleries open first shows in SpainFinancial Times - World -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Clock ticking on landmark AI bills
The Hill's weekly technology news digest. {beacon} Advertisement Friday, April 26, 2024 LEADING THE DAY Two state AI bills face major test Image © Associated Press/Jessica Hill Two of the most consequential artificial intelligence bills ...The Hill - Politics -
Generative A.I. Arrives in the Gene Editing World of CRISPR
Much as ChatGPT generates poetry, a new A.I. system devises blueprints for microscopic mechanisms that can edit your DNA.The New York Times - Tech -
A new generation at UC Berkeley pitches its tents
The university has said it won’t give in to students’ demands – but it has budged before. Rows of tents line the steps at Sproul Hall, the grand neoclassical administration building that soars up nine stories near the main entrance to the ...The Guardian - World -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.MarketWatch - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta's License to Spend on AI Gets Checked
The Facebook parent’s capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing.The Wall Street Journal - World - Meta -
Ads for Explicit ‘AI Girlfriends’ Are Swarming Facebook and Instagram
WIRED found thousands of ads running on Meta’s social platforms promoting sexually explicit “AI girlfriend" apps. Some human sex workers say the platform unfairly polices their own posts more harshly.Wired - Tech - Facebook