Microsoft Reportedly Seeking to Diversify AI Models for 365 Copilot, Lowering Costs and Dependence on OpenAI

December 24, 2024 – According to sources familiar with the matter, Microsoft is working to introduce internal and third-party artificial intelligence models into its flagship AI product, Microsoft 365 Copilot. This move is aimed at reducing the company’s current reliance on OpenAI technology and lowering operational costs. The initiative marks the latest step by Microsoft…

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Meta to Unveil Smart Glasses with Integrated Screens, Possibly Arriving Late Next Year

December 24, 2024 – According to a report published today by the Financial Times, Meta, with a market capitalization of 1.5trillion,iscollaboratingwiththeeyeweargiantEssilorLuxotticatointegratedisplayscreensintoits300 sunglasses. Insiders have revealed that the new version of the glasses, featuring the ability to showcase notifications or responses from Meta’s virtual assistant, could potentially hit the market in the latter half of 2025….

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Korean Report Reveals: 9.8% of Jobs at Risk of Being Replaced by AI Like ChatGPT

December 20, 2024 – The Korean Statistical Office released the “Social Trends 2024” report today, shedding light on significant social and economic shifts in Korean society. The report particularly underscores the impact of AI on employment, the rise in obesity rates, and demographic changes. According to the report, approximately 2.77 million jobs, accounting for 9.8%…

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AI Leader Databricks Secures Massive 10BillionInvestment,BoostingValuationto62 Billion

December 18, 2024 – AI unicorn Databricks has secured a 10billionfundinground,elevatingitsvaluationtoanimpressive62 billion, marking one of the largest venture capital investments in history. According to recent reports, Databricks is on track to achieve positive free cash flow by the end of January 2024, with projections indicating an annualized revenue exceeding 3billionbythattime.Thecompanyfurtheranticipatesreaching3.8 billion in revenue for the…

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OpenAI Confirms: No Immediate Plans for Sora API Launch

December 18, 2024 – OpenAI has clarified today that it currently has no plans to release an Application Programming Interface (API) for its video generation model, Sora. This model has the capability to generate videos based on text and images. During an online question-and-answer session with members of the OpenAI development team, Romain Huet, the…

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Meta Shares Hit Historic Peak, Prompting Zuckerberg to Sell Over $2.2 Billion in Stock

December 17, 2024 – This year, Meta’s stock price has surged ahead, repeatedly hitting new highs, prompting its co-founder and CEO Mark Zuckerberg to sell a significant amount of company shares. According to an analysis by “Fortune” magazine based on publicly disclosed trading data, Zuckerberg has sold Meta stock worth over 2.2billionintotalthisyear.JustinDecemberalone,hehasalreadysoldsharesworth153.2 million. Executive compensation…

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