Tag: Mark Zuckerberg

Technology

5 things about AI you may have missed today: Mphasis launches DeepInsights Doc AI, OpenAI bets on humanoid robots, more

Mphasis launches DeepInsights Doc AI for advanced document processing;  OpenAI partners with Figure AI to elevate humanoid robots with advanced AI models; Author Calum Chace optimistic about AI's impact on jobs; Meta CEO Zuckerberg explores AI chip collaboration with Samsung in Asia tour- this and more in our daily roundup. Let us take a look.1. Mphasis launches DeepInsights Doc AI for advanced document processingMphasis Ltd's shares rose by 0.31% as it unveiled DeepInsights Doc AI, a document processing tool utilizing generative AI for extracting context-specific data from diverse documents. Integrated with IT systems, the platform employs large language models to cater to enterprise needs, encompassing information extraction, context-aware search, and adaptive content generation. Mph...
Technology

5 Things about AI you may have missed today: IIT Kanpur takes AI to telemedicine, big boost for AI skills in China, more

AI roundup: Meta CEO Mark Zuckerberg is currently on his Asia tour where he met LG Electronics executives in South Korea. The discussions included partnerships to expand mixed reality devices and AI development; in a move that has shocked the tech world, Apple makes AI a priority and abandons its plans for developing self-driving cars. Reports say many employees from the project will be shifted to the iPhone maker's artificial intelligence (AI) division. Mark Zuckerberg plans to develop mixed reality devices with LGToday, Mark Zuckerberg had a meeting with LG Electronics executives, CEO William Cho and parent company LG Corp COO Kwon Bong-seok in South Korea. The discussion was largely about building partnerships in expanding mixed reality devices. During the meeting, Cho expressed his...
Technology

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

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 the co...
Technology

Nearly All Wealth Gained By World’s Rich This Year Comes From AI

 Nvidia Corp. co-founder Jensen Huang's wealth has surged as a blistering rally in AI-related stocks pushed the chipmaker's market value above Amazon.com Inc.'s for the first time.  The same rally has minted another billionaire in Huang's own family: his distant cousin Lisa Su, chief executive officer of Nvidia competitor Advanced Micro Devices Inc., who's worth $1.2 billion after the stock doubled over the past year. Two chipmaker billionaires in one family illustrates the scope of the artificial intelligence craze, which has come to dominate the stock market and accounts for most of the wealth gained by the world's richest people this year.  Among the 500 wealthiest individuals, 30 attribute at least some of their fortune to companies that are tracked by the Bloomberg Global Artifici...
Technology

Facebook cofounder Mark Zuckerberg’s long apology tour: A brief history

When Mark Zuckerberg turned at a Senate hearing to address the parents of children exploited, bullied or driven to self harm via social media, it felt like a time-worn convention had sprung back to life.“I'm sorry for everything you've been through,” the Meta CEO said Wednesday. “No one should go through what you and your families have suffered.” Then he returned to corporate mode, noting Meta's continued investments in “industry-wide” efforts to protect children. Zuckerberg has accumulated a long history of public apologies, often issued in the wake of crisis or when Facebook users rose up against unannounced — and frequently unappreciated- changes in its service. It's a history that stands in sharp contrast to most of his peers in technology, who generally prefer not to speak publicl...
Technology

Facebook: from Harvard dorm to scandal-plagued social media titan

In 2003, 19-year-old computer whiz Mark Zuckerberg begins working out of his Harvard dormitory room on an online network aimed at connecting the prestigious US university's students.On February 4, 2004, he launches thefacebook.com with three friends. Membership is opened up to other colleges around North America. Zuckerberg leaves Harvard and moves to California's Silicon Valley. The new company receives its first major outside investment of $500,000 from PayPal co-founder Peter Thiel, and officially becomes Facebook in 2005.First privacy concernsAfter Facebook rejects bids from US media conglomerate Viacom and Yahoo, Microsoft takes a $240 million stake in 2007. By now it has 50 million users.That year, Zuckerberg apologises for a feature called Beacon that alerted the whole community...
Technology

I’m sorry for everything, Meta CEO Mark Zuckerberg tells families of children harmed by social media

On Wednesday, as many as 5 CEOs of the biggest social media and messaging companies attended the US Senate hearing on the impact of social media on children including X CEO Linda Yaccarino, Snapchat CEO Evan Spiegel, TikTok CEO Shou Zi Chew, Discord CEO Jason Citron, and Meta Platforms CEO Mark Zuckerberg. The hearing was conducted after lawmakers accused these companies of not protecting the children from the many dangers present on their social media platforms. During the hearing, a teary-eyed Zuckerberg made a direct public apology to the affected families present at the Senate hearing. Check what Meta CEO said in his apology. Meta CEO Mark Zuckerberg's apologyAccording to a DWnews video post on Instagram, Zuckerberg, while apologising to the family said, “I'm sorry for everything y...
Technology

Meta, X, TikTok and other social media CEOs testify in heated Senate hearing on child exploitation

Sexual predators. Addictive features. Suicide and eating disorders. Unrealistic beauty standards. Bullying. These are just some of the issues young people are dealing with on social media — and children's advocates and lawmakers say companies are not doing enough to protect them.On Wednesday, the CEOs of Meta, TikTok, X and other social media companies went before the Senate Judiciary Committee to testify as lawmakers and parents grow increasingly concerned about the effects of social media on young people's lives. We are on WhatsApp Channels. Click to join.  The hearing began with recorded testimony from kids and parents who said they or their children were exploited on social media. Throughout the hours-long event, parents who lost children to suicide silently held up pictures of the...
Technology

Harvard dropout and Facebook founder mark Zuckerberg backs insurgent for university role

A Harvard College graduate trying to win a seat on a prestigious alumni council won backing from one of the school's most famous dropouts: Facebook founder Mark Zuckerberg. Sam Lessin, a venture capitalist who once worked at Zuckerberg's social media giant, began campaigning last month for the Board of Overseers — a group that counsels university leadership on plans, priorities and strategic initiatives. Lessin said Zuckerberg and his wife, Priscilla Chan, would join him on a Zoom call Friday to discuss his effort to get on the overseers ballot as a write-in candidate. “In light of the evolving situation on Harvard's campus and the administration's abysmal response, I want to join the Harvard Board of Overseers to help Harvard move forward,” Lessin wrote on LinkedIn. Chan and Zuckerber...
Technology

5 things about AI you may have missed today: UK firm disables rogue AI chatbot, GenAI risk, more

UK Parcel firm disables AI chat after poetic bot critiques customer service; AI flags patients pre-surgery alcohol risks, outperformed diagnosis codes; California community unveils AI tech to prevent School shootings; Mark Zuckerberg's open source AGI sparks concerns among experts- this and more in our daily roundup. Let us take a look.1. UK Parcel firm disables AI chat after poetic bot critiques customer service A UK parcel delivery firm has disabled its AI chat function after a user coaxed the system into composing a poem criticizing the company's customer service. Frustrated with the bot's lack of assistance, the user requested a poem, leading to verses describing the bot as useless. The incident gained attention on social media with 1.1 million views. The firm opted to shut down th...