Apple, considered one of the most innovative technology companies in the world, is reportedly planning to introduce a new artificial intelligence system called Apple Intelligence. This system is expected to offer advanced features such as enhanced Siri capabilities, automatic email and image generation, and personalized AI services. However, analysts have suggested that Apple might charge
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Sony’s chief financial officer Hiroki Totoki has stated that the company will not be revisiting the idea of making a bid for Paramount Global. During Sony’s fiscal first-quarter earnings presentation, Totoki mentioned that acquiring Paramount does not align with the company’s strategic objectives. He expressed concerns about the potential risks associated with integrating Paramount into
Microsoft recently fired back at Delta Air Lines, accusing the carrier of failing to modernize its technology before a massive IT outage that led to thousands of canceled flights last month. Delta CEO Ed Bastian sought damages from Microsoft and CrowdStrike, claiming the outage cost the airline around $500 million. In response to Microsoft’s accusations,
The U.K. government responded strongly to Elon Musk’s recent comments regarding the riots taking place across the country. Musk’s statement on X, a social media platform he owns, stating “Civil war is inevitable” was met with condemnation by U.K. Prime Minister Keir Starmer. The government emphasized that there is no justification for such comments, calling
The recent announcement of John Schulman, co-founder of OpenAI, leaving the company to join Anthropic has sent shockwaves through the artificial intelligence community. Schulman’s departure comes amidst a series of changes within OpenAI, raising questions about the future direction of the organization and its commitment to AI safety and ethics. In a social media post,
The recent trading day saw a significant decrease in market cap for tech’s megacap companies in the U.S. Nvidia alone lost over $300 billion, only to recover about half of that initial loss. Apple and Amazon also experienced substantial declines in valuation, leading to an overall loss of $995 billion for the seven most valuable
Elon Musk has once again filed a lawsuit against Sam Altman, alleging that he was manipulated into co-founding OpenAI under false pretenses. Musk claims that Altman and Greg Brockman deceived him into believing that OpenAI was a non-profit organization focused on safety and openness for the benefit of humanity. However, after investing millions of dollars,
The recent decision by the U.K. government to cancel £1.3 billion worth of computing infrastructure projects has dealt a significant blow to the country’s aspirations of becoming a world leader in artificial intelligence. This move, aimed at prioritizing other fiscal plans, has raised concerns about the U.K.’s ability to build high-performance infrastructure capable of running
The U.S. Department of Justice has launched an investigation into complaints against Nvidia for allegedly abusing its market dominance in artificial intelligence chips. According to a report from The Information, the DOJ has been in contact with Nvidia’s competitors, including AMD, to gather information regarding the allegations. One of the key issues being looked into
Meta, formerly known as Facebook, experienced a 6% increase in its stock shares following the release of its second-quarter earnings report. The company surpassed Wall Street’s expectations with a record-high revenue of $39.07 billion, marking a 22% increase from the previous year. Additionally, Meta reported a net income of $13.47 billion, which is a 73%