Articles for category: AI

Market News

AI

Google Maps enhances user experience with Gemini AI, offering personalized recommendations and interactive features for exploring new activities.

Google Maps is enhancing your search experience with a new recommendations engine powered by Gemini, Google’s generative AI model. This feature allows you to find activities and restaurants by asking specific questions, like “things to do with friends at night in Boston.” The tool provides curated suggestions, complete with ratings, photos, and summarized user reviews, ...

Market News

AI

Revolve Labs faces skepticism over its noisy crypto-mining proposal as residents demand quieter alternatives amidst community concerns.

Revolve Labs, formerly Bit49, hopes to generate revenue from its new AI data center, allowing it to move or shut down its current facility. At a recent public hearing in Glencoe, residents expressed concerns about the company’s past performance as neighbors, particularly regarding noise from its crypto-mining operations. While some residents are skeptical of Revolve ...

Market News

AI

Mark Zuckerberg reveals Meta’s rapid AI infrastructure growth amid rising costs, surprising investors as expenses increase for 2024.

Mark Zuckerberg, CEO of Meta Platforms Inc., expressed surprise at the rapid development of the company’s AI data centers during a recent earnings call. He noted that the quick setup of servers and infrastructure has contributed to rising costs, prompting Meta to increase its 2024 capital expenditure forecast to between $38 billion and $40 billion. ...

Market News

AI

An AI tool, Panoptic Junction, enhances real-time network security for the Defense Department, showing promise for broader adoption.

An AI tool called Panoptic Junction, developed by Army Cyber Command, has shown promising results in its trial phase aimed at protecting Defense Department networks. This intelligent machine learning platform offers continuous security monitoring, analyzing system compliance and cyber threats much faster than human analysts. According to Morgan Adamski, the executive director of Cyber Command, ...

Market News

AI

At TC Disrupt 2024, industry leaders gather to confront AI’s challenges—lawsuits, disinformation, and ethical dilemmas threaten the future.

This week in TechCrunch’s AI newsletter, we’re live from the TC Disrupt conference in San Francisco, featuring top speakers from the AI sector. Highlights include a discussion with Perplexity’s CEO on their rapid growth despite legal challenges, and insights from Zoox’s co-founder about the future of autonomous vehicles. Panels will address AI-driven disinformation and the ...

Market News

AI

Five innovative startups compete for a $100,000 prize at Startup Battlefield, showcasing groundbreaking solutions to real-world challenges.

The Startup Battlefield has announced its five finalists, selected from a pool of 200 companies competing for a chance to pitch on the Disrupt Stage. Each finalist will have the opportunity to present their innovative solutions, with one winner receiving a $100,000 equity-free award and the Disrupt Cup. The finalists include Gecko Materials, which offers ...

Market News

AI

Wonder Dynamics unveils Wonder Animation, an AI tool revolutionizing animated film production by seamlessly converting video footage into 3D scenes.

Wonder Dynamics, now part of Autodesk, has introduced Wonder Animation, an innovative AI-powered tool that simplifies animated film production. This new product allows creators to transform any filmed sequence into a 3D animated scene with computer-generated characters. The tool maintains continuity across multiple shots, ensuring seamless integration of camera angles and character positions. Once processed, ...

Market News

AI

Apple unveils powerful new MacBook Pros, featuring advanced M4 chips and enhanced AI capabilities, set to redefine computing.

Apple debuted new MacBook Pro laptops featuring the latest M4 processors during the Apple Worldwide Developers Conference on June 10, 2024. These models mark a significant upgrade, with performance enhancements claimed to be 1.8 times faster than the previous M1 chip. All new MacBooks now come with at least 16GB of RAM, doubling memory capacity ...

Market News

AI

Reddit’s shares soared 25% as it achieved profitability and a 68% revenue increase fueled by AI innovations and user engagement.

Reddit’s shares soared by 25% after the company posted impressive financial results, including its first profit and a significant revenue increase. In the third quarter, Reddit reported a 68% rise in revenue, reaching $348.4 million, and a 47% boost in daily active users, totaling 97.2 million. The platform’s success stems from innovations like AI-driven language ...

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