Tag: Bloomberg

AI, swords, headsets and Indian wedding for Mark Zuckerberg’s Asia tour
26Feb By adminNo Comments
Technology

AI, swords, headsets and Indian wedding for Mark Zuckerberg’s Asia tour

[ad_1] Meta chief Mark Zuckerberg was in Japan on Monday on a mini-Asia tour involving sword-making, mixed-reality headsets in Seoul and reportedly also lavish pre-wedding celebrations for an Indian multi-billionaire's son. Zuckerberg posted footage on Sunday on social media of a "special afternoon learning about making katanas" with a sword master, including of him hammering molten metal and swinging a blade.The 39-year-old had been skiing in Japan with his family and was due to meet with Facebook developers in Tokyo on Monday and Tuesday, Bloomberg News reported. Zuckerberg was then expected to travel to South Korea where he is lining up meetings with President Yoon Suk Yeol and leaders of tech titans Samsung and LG, according to South Korean media. "Mark is planning a brief visit to ...
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US Restricts Nvidia Made-for-China Chips in New Sale Rules
18Oct By adminNo Comments
Technology

US Restricts Nvidia Made-for-China Chips in New Sale Rules

[ad_1] The US is restricting the sale of chips that Nvidia Corp. designed specifically for the Chinese market, part of sweeping new updates to export curbs that are designed to block China's access to highly advanced semiconductor technology.The tighter controls will target Nvidia's A800 and H800 chips, a senior US official said, which the American firm created for export to the Asian country after the Biden administration introduced its initial restrictions last October. Those curbs, including the updated rules released Tuesday, aim to prevent China from accessing cutting-edge technology with military uses. The new rules also require companies to notify the US government before selling chips that fall below the controlled threshold, as Bloomberg reported earlier. Top-of-the-line chips ...
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Google Bard, Bing Search make huge mistakes, inaccurately report ceasefire in Israel
16Oct By adminNo Comments
Technology

Google Bard, Bing Search make huge mistakes, inaccurately report ceasefire in Israel

[ad_1] Since the emergence of OpenAI's ChatGPT in November 2022, artificial intelligence (AI) chatbots have become extremely popular around the world. This technology puts the whole world's information just a prompt away to tailor as you please. Now, you can even get on Google Search, enter your query and find the answer you've been looking for. Simply ask the AI chatbot and it will present you the answer in a flash. However, the content that AI chatbots present are not always factual and true. In a recent case, two very popular AI chatbots, Google Bard and Microsoft Bing Chat have been accused of providing inaccurate reports on the Israel-Hamas conflict.Let's take a deep dive into it. AI chatbots report false informationAccording to a Bloomberg report, Google's Bard and Microsoft's AI-...
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People Are Disinformation’s Biggest Problem, Not AI, Experts Say
6Oct By adminNo Comments
Technology

People Are Disinformation’s Biggest Problem, Not AI, Experts Say

[ad_1] Lawmakers, fact-checking organizations and some tech companies are working to combat the threat of a new wave of AI-generated disinformation online, but experts say these efforts are undermined by the public's distrust of institutions and a general lack of literacy in spotting fake images, videos and audio clips online.“Social media and human beings have made it so that even when we come in, fact check and say, ‘nope, this is fake,' people say, ‘I don't care what you say, this conforms to my worldview,'” said Hany Farid, an expert in deepfake analysis and a professor at the University of California, Berkeley. “Why are we living in that world where reality seems to be so hard to grip?” he said. “It's because our politicians, our media outlets and the internet have stoked distrust....
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France’s Mistral AI Releases Model to Compete With Meta, OpenAI
28Sep By adminNo Comments
Technology

France’s Mistral AI Releases Model to Compete With Meta, OpenAI

[ad_1] France's Mistral AI announced its first generative artificial intelligence model to compete with US leaders in AI, including Meta Platforms Inc. and Microsoft Corp.-backed OpenAI.The Paris-based startup is releasing a “small-sized” language model with 7 billion parameters that will be made available for free to developers, it said in a statement on Wednesday. “We have training methods that make us more efficient and two times less expensive to implement,” Mistral AI Chief Executive Officer Arthur Mensch said in an interview with Bloomberg. Large Language Models, or LLMs, are the base infrastructure for generative AI, a technology that creates content from videos to poetry out of simple user commands. Four French companies are testing the model for applications including customer ...
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Meta Rolls Out Higher-Priced Quest 3 Headset, Just Ahead of Apple’s Vision Pro
28Sep By adminNo Comments
Technology

Meta Rolls Out Higher-Priced Quest 3 Headset, Just Ahead of Apple’s Vision Pro

[ad_1] Meta Platforms Inc. introduced its latest lineup of head-worn devices, staking fresh claim to the virtual- and augmented-reality industry just ahead of Apple Inc. pushing into the market.The company officially unveiled the Quest 3 headset on Wednesday, raising the price by $200 to $500, at its annual Connect developers conference. It also introduced second-generation smart glasses that it developed with luxury sunglass maker Ray-Ban. The Quest 3, which was previewed by Meta earlier this year after Bloomberg published a hands-on review of the device, offers improved performance over the Quest 2 from 2020. It also marks a pivot from VR to mixed reality, which melds virtual and augmented reality. It's a high-stakes moment for Meta's hardware business. Though the company has dominate...
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Snap to Shutter Business-Focused AR Unit That Just Launched This Year
27Sep By adminNo Comments
Technology

Snap to Shutter Business-Focused AR Unit That Just Launched This Year

[ad_1] Snap Inc. is closing a division focused on making augmented reality services for businesses, pulling the plug on its latest attempt to diversify the ad-dependent company.The ARES unit, short for augmented reality for enterprise services, was just announced in March. The idea was to let retailers adapt Snap's AR technology for their own websites. But the company ultimately realized that the cost and complexity of the endeavor was too great, according to a memo from Chief Executive Officer Evan Spiegel that was reviewed by Bloomberg and confirmed by a Snap spokesperson. ARES was one of Snap's biggest new undertakings since the social media company was restructured last year, and its quick demise shows the challenges of adapting to a world roiled by the artificial intelligence boom....
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5 things about AI you may have missed today: Infosys-Microsoft join hands, billionaire to invest $200 mn in AI and more
26Sep By adminNo Comments
Technology

5 things about AI you may have missed today: Infosys-Microsoft join hands, billionaire to invest $200 mn in AI and more

[ad_1] AI Roundup: Infosys has partnered with Microsoft to jointly develop AI solutions, using services such as Infosys Topaz and Microsoft Azure. On the other hand, French billionaire Xavier Niel will invest $212 million in AI, to retain French talent within the country. The funds will be split between a Paris-based research lab, startups, and Nvidia-powered cloud supercomputing. AppyHigh has launched an AI-powered app bundle, including an AI image generator, photo editor, chat assistant, avatar maker, and VPN & Camera Scanner.All this, and more in today's AI roundup. 1. Infosys collaborates with Microsoft to build AI solutionsIndian IT company Infosys announced its collaboration with Microsoft today, revealing plans to jointly build AI solutions. As per the release, both companies...
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Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet
22Sep By adminNo Comments
Technology

Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet

[ad_1] Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis.The networking giant will pay $157 a share in cash, the companies said in a statement Thursday, or a 31% premium to Splunk's closing price on Wednesday. The purchase represents roughly 10% of Cisco's market value. Under Chief Executive Officer Chuck Robbins, Cisco has been trying to lessen its dependence on one-time sales of expensive hardware and shift toward software and services. Splunk is its most expensive push yet into that area and will help Cisco reach a broader base of customers, who can use the new services to gain insight into their network and computing operations...
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Microsoft Eyes Apple’s Spot as World’s Largest Stock
20Sep By adminNo Comments
Technology

Microsoft Eyes Apple’s Spot as World’s Largest Stock

[ad_1] Microsoft Corp. is narrowing the gap with Apple Inc. in the stock market as investors see better growth and far less China risk in the software giant.The Redmond, Washington-based company's shares have outperformed the iPhone maker's this month, bringing its market value closer to Apple, which is at the center of a flareup in tensions with China. While hundreds of billions of dollars still separate the two companies, Microsoft's positions in markets including cloud computing and artificial intelligence make it more attractive to some investors. “Microsoft has more of what the market wants right now, and given where we stand on the pair's growth prospects, we wouldn't be surprised to see it overtake Apple,” said David Klink, senior equity analyst at Huntington Private Bank. “We ha...
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