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Big Tech Sees AI Bets Starting to Pay Off
Microsoft, Google and Amazon all reported strong quarterly growth in cloud revenue but warned of increased capital spending.Business - The Wall Street Journal - November 1 -
Wall Street frets over Big Tech’s $200bn AI spending splurge
The four biggest US internet groups this week showed glimpses of benefits but warned of increased spendingBusiness - Financial Times - November 1 -
Apple to buy Pixelmator, the iPhone image editing app with AI features
Pixelmator said there "will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time."Business - CNBC - November 1 -
Sam Altman Says the Path to Better AI Is Blocked by Missing Computer Power
Having access to piles of cash and some of the world’s most powerful AI processing chips isn’t enough for OpenAI to release new products at its chosen pace, its CEO claims.Business - Inc. - November 1 -
A Year on, Intel’s Touted AI-chip Deals Have Fallen Short
Despite increased sales projections overall, the chipmaker did not sell as many of its Gaudi AI chips as its CEO hoped.Business - Inc. - November 1 -
Meta’s Llama Used to Develop AI Model for China’s Military
Researchers connected to the People’s Liberation Army created a chatbot model based on Meta’s Large-Language Model AI.Business - Inc. - November 1