Articles for tag: AI strategies, artificial intelligence, Intel Corp, leadership in technology, market value loss, Samsung Electronics, tech industry

Market News

Intel and Samsung Lose 7 Billion Amid AI Leadership Struggles

Intel and Samsung Lose $227 Billion Amid AI Leadership Struggles

Intel Corp. and Samsung Electronics Co. have lost a staggering $227 billion in market value this year. The drop is largely attributed to their failure to keep pace in the rapidly evolving field of artificial intelligence. Investors are concerned about the companies’ lack of strategic leadership and innovation in a sector increasingly dominated by AI advancements.

Market News

AI

Tim Burton reveals his fear of artificial intelligence, feeling it disturbs his humanity and threatens the essence of creativity.

Tim Burton, famous for his spooky films like “Beetlejuice” and “The Nightmare Before Christmas,” has revealed that he finds artificial intelligence quite frightening. At the launch of his exhibition in London, he expressed this sentiment, describing a strong, unsettling feeling when he sees AI-generated artworks. Burton believes that once AI technology is available, people will ...

Market News

Steve Wozniak praises Siri; seeks more time for AI insights

Steve Wozniak praises Siri; seeks more time for AI insights

Apple co-founder Steve Wozniak recently shared his thoughts on the company's AI features, saying his initial experiences with Siri searches were positive. However, he believes he needs more time to form a complete opinion. Wozniak also touched on Apple’s product range, emphasizing that he considers himself a user rather than an investor.

Market News

AI

Microsoft’s AI business is poised to exceed $10 billion, rapidly transforming industries amid challenges in scaling infrastructure to meet demand.

Microsoft’s focus on artificial intelligence is driving significant growth, with expectations of surpassing $10 billion in annual revenue soon, the fastest in the company’s history. CEO Satya Nadella highlighted the transformative impact of AI across various business processes. Many large companies are adopting Microsoft’s AI tools, with nearly 70% of Fortune 500 firms using the ...

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AI

Amazon CEO Andy Jassy reassures investors about AI investments, highlighting rapid growth and potential in generative AI amidst increasing spending.

Amazon CEO Andy Jassy spoke with CNBC on December 6, 2023, reassuring investors about the company’s investments in generative artificial intelligence (AI). Following a significant increase in Amazon’s capital expenditures, Jassy highlighted the success of Amazon Web Services (AWS), emphasizing that the company anticipates similar returns from its AI endeavors. Amazon plans to invest $75 ...

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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

Google’s AI generates over 25% of its code, enhancing productivity while employees adapt to this transformative technology.

Google is heavily investing in artificial intelligence, with over 25% of new code now generated by AI and subsequently reviewed by employees. This shift aims to enhance productivity and efficiency within the company, according to CEO Sundar Pichai during the latest earnings call. Google has introduced an internal AI model known as “Goose,” which leverages ...

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AI

Google’s AI generates over 25% of new code, boosting efficiency and sparking concerns among employees about job security.

Google is intensifying its focus on artificial intelligence (AI), with over 25% of its new code now generated by AI tools and later reviewed by engineers. During a recent earnings call, CEO Sundar Pichai highlighted that this shift is enhancing productivity and efficiency within the company. To support this initiative, Google has introduced an internal ...

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AI

Google’s new “Prompting Essentials” course teaches effective communication with AI, unlocking its potential for creativity and productivity.

Google has launched a new course called “Prompting Essentials,” designed to help users effectively communicate with AI tools. This 10-hour self-paced course aims to enhance productivity, creativity, and problem-solving skills. Users will learn a five-step framework for creating personalized AI agents, summarizing documents, brainstorming, and analyzing data. Developed by experts from Google and DeepMind, this ...

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AI

Oracle unveils a groundbreaking AI-powered electronic health record system, aiming to revolutionize healthcare and reclaim its market position.

Oracle recently launched a new electronic health record (EHR) system, marking its most significant healthcare update since acquiring Cerner for $28 billion in 2022. This innovative EHR is designed to enhance usability with advanced cloud and AI technologies, allowing doctors to retrieve patient information through voice commands, which could significantly reduce time spent searching for ...

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