Tag: tech giants

Microsoft deal, Apple-Google talks show tech giants need artificial intelligence help
Technology

Microsoft deal, Apple-Google talks show tech giants need artificial intelligence help

[ad_1] Earlier this week, Microsoft Corp. named artificial intelligence pioneer Mustafa Suleyman chief of its consumer AI business and hired most of the staff from his Inflection AI startup. A day before, Bloomberg reported that Alphabet Inc.'s Google was in talks to license its Gemini AI engine to Apple Inc.The moves suggest that despite pouring billions of dollars into partnerships, investments and product development, Microsoft and Google are struggling to figure out how to capitalize on generative artificial intelligence. Neither company is moving fast enough to field consumer products that generate revenue and grab market share, and, despite their size and power, they remain vulnerable to being disrupted. Even as engineers labor to perfect the large language models undergirding the...
AI future could be ‘open-source’ or closed. Tech giants are divided as they lobby regulators
Technology

AI future could be ‘open-source’ or closed. Tech giants are divided as they lobby regulators

[ad_1] Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they're also lobbying hard to make sure the new rules work in their favor.That's not to say they all want the same thing. Facebook parent Meta and IBM on Tuesday launched a new group called the AI Alliance that's advocating for an “open science” approach to AI development that puts them at odds with rivals Google, Microsoft and ChatGPT-maker OpenAI. These two diverging camps — the open and the closed — disagree about whether to build AI in a way that makes the underlying technology widely accessible. Safety is at the heart of the debate, but so is who gets to profit from AI's advances.Open advocates favor an approach that is “not proprietary and closed,” said Darío Gil, a senior vice pres...
5 things about AI you may have missed today: Doctors for free in a decade, tech giants fund Congressional AI fellows
Technology

5 things about AI you may have missed today: Doctors for free in a decade, tech giants fund Congressional AI fellows

[ad_1] It has been alleged that tech giants fund Congressional AI fellows and this has raised concerns of undue industry influence; AstraZeneca Inks $247 million deal with AI firm Absci for cancer drug discovery; MediaTek's on-device AI promises to personalised phone experience; EY's AI detects fraud in UK audits- this and more in our daily roundup. Let us take a look.1. Tech giants fund congressional AI fellowsTech giants like Google, Microsoft, IBM, and Nvidia are funnelling funds through the American Association for the Advancement of Science to support a "rapid response cohort" of Congressional AI fellows. These fellows, including PhD holders and former tech professionals, are influencing AI policy in Senate offices, including those of Sens. Schumer, Heinrich, Rounds, Wyden, Cassidy...
Amazon, eBay, Facebook to Google, Tech giants on board to bust online scams: UK govt
Technology

Amazon, eBay, Facebook to Google, Tech giants on board to bust online scams: UK govt

[ad_1] Eleven global tech giants have pledged to do more to tackle the scourge of online scammers, the UK government said on Thursday, billing the promise as a world first. Amazon, eBay, Facebook, Google, Instagram, LinkedIn, Match Group, Microsoft, Snapchat, TikTok, and YouTube have signed up to the Online Fraud Charter, which ministers say will better protect users.The tech giants have promised to take tougher action within six months to block and remove scams, such as fake adverts and romance fraud, from their platforms. Actions include verifying new advertisers, better checks on online marketplaces, and giving users of dating sites the opportunity to prove their real identity. The voluntary charter, developed with the tech firms, will also seek to prevent ads for age-restricted prod...
Google jobs mostly on Apple employees’ mind after exit, new LinkedIn report shows
Technology

Google jobs mostly on Apple employees’ mind after exit, new LinkedIn report shows

[ad_1] Google, Apple, Amazon and Meta are some of the biggest tech giants in the industry, making them the prominent competitors for top talent and even grabbing them from each other. These are such companies in which every employee dreams to work. Since graduation, people strive to enhance their skills to enter the top US-based tech companies, however, attracting talent works very differently for such companies. In a recent LinkedIn study, it was revealed that Apple employees after resigning are most likely to take up Google jobs. Check out why Google jobs is the most preferred destination for employee movement.Know about employee movement in tech industryAccording to a Switch on Business study, Apple employees are most likely to make career moves to companies like Google, Microsoft, A...
Meta, TikTok challenge incoming EU digital market law
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Meta, TikTok challenge incoming EU digital market law

[ad_1] Tech giants Meta and TikTok are contesting the scope of an EU law that from March will set new rules on competition in the digital marketplace.The European Commission has designated 22 big online companies as "core platform services" to be subject to additional scrutiny and obligations under the Digital Markets Act (DMA) aiming to crack down on anti-competitive practices. The list includes familiar brands ranging from social networks Facebook, Instagram and TikTok, to so-called "intermediation" apps such as Google Maps, Amazon Marketplace and Apple's AppStore, to operating systems iOS, Android and Windows and Google Search. Six tech titans behind the platforms -- US groups Alphabet, Amazon, Apple, Meta and Microsoft, and Chinese group ByteDance -- have been labelled "gatekeepers"...
India emerges as top priority for global tech titans over China
Technology

India emerges as top priority for global tech titans over China

[ad_1]  In recent times, India has been making significant strides in the global tech manufacturing arena, with the introduction of Google's Pixel 8 manufacturing in the country. This development marks a pivotal moment in India's journey toward becoming a top-notch manufacturing hub for cutting-edge mobile technology, The Washington Times reported.Google's move aligns seamlessly with the broader trend of global tech giants, including Apple and Samsung, expanding their manufacturing operations in India, solidifying the nation's role in the global supply chain. We are now on WhatsApp. Click to join For instance, Apple has been assembling iPhones in India, a strategy that has proven mutually beneficial. This localization not only enables Apple to meet local demands efficiently but also mit...
Kids Suing Social Media Over Addiction Find a Win Amid Losses
Technology

Kids Suing Social Media Over Addiction Find a Win Amid Losses

[ad_1] Minors and parents suing Meta Inc.'s Facebook and other technology giants for the kids' social media platform addictions won an important ruling advancing their collection of lawsuits in a California court.A state judge on Friday threw out most of the claims but said she'll allow the lawsuits to advance based on a claim that the companies were negligent – or knew that the design of their platforms would maximize minors' use and prove harmful. The plaintiffs argue Social Media is designed to be addictive, causing depression, anxiety, self-harm, eating disorders, and suicide. We are now on WhatsApp. Click to join. More than 200 such suits filed across the country have been assigned to two judges in California — one in state court in Los Angeles and the other in federal court in Oak...
Europe’s new rules for Google, Facebook, TikTok, others about to kick in. Here’s how they work
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Europe’s new rules for Google, Facebook, TikTok, others about to kick in. Here’s how they work

[ad_1] Google, Facebook, TikTok and other Big Tech companies operating in Europe are facing one of the most far-reaching efforts to clean up what people encounter online.The first phase of the European Union's groundbreaking new digital rules will take effect this week. The Digital Services Act is part of a suite of tech-focused regulations crafted by the 27-nation bloc — long a global leader in cracking down on tech giants. The DSA, which the biggest platforms must start following Friday, is designed to keep users safe online and stop the spread of harmful content that's either illegal or violates a platform's terms of service, such as promotion of genocide or anorexia. It also looks to protect Europeans' fundamental rights like privacy and free speech. Some online platforms, which cou...
UK is in talks with Tech Giants on AI chips, Telegraph reports
Technology

UK is in talks with Tech Giants on AI chips, Telegraph reports

[ad_1] UK government officials have held discussions with tech giants Nvidia Corp., Advanced Micro Devices Inc. and Intel Corp. about procuring equipment for national artificial intelligence research, according to the Telegraph.The government has allocated £100 million ($127 million) for AI chips, the Telegraph reported on Sunday. It said efforts may be in “advanced stages” of an order of as much as 5,000 graphics processing units from Nvidia. Prime Minister Rishi Sunak has vowed to make the UK a global science and technology “superpower” by 2030. The premier is targeting a summit later this year that aims to bring together world leaders and top AI executives in an event supported by US President Joe Biden. A $5.4 billion international chip deal with Intel is off after greenlight from C...