Finance
Global Billionaires’ Wealth Continues to Surge: Forbes 2024 List Reveals Record Numbers
April 03, 2024 – Forbes released its 2024 Global Billionaires List on April 2nd, revealing a continued surge in wealth among the world’s ultra-rich. According to the report, the number of billionaires has reached an all-time high of 2,781 individuals, an increase of 141 compared to last year and 26 more than the previous record…
Samsung Electronics’ Shareholder Returns Surpass Tech Giants Amid Industry Downturn
April 02, 2024 – Samsung Electronics’ shareholder returns have been under the spotlight recently, with investors expressing dissatisfaction with the current yields. They are urging the company to increase its dividend payouts and take other measures to boost its stock price. Surprisingly, despite facing a significant downturn in the memory chip industry, which has been…
Microsoft and OpenAI Unveil Plans for Groundbreaking ‘Stargate’ AI Supercomputer
March 31, 2024 – Microsoft and OpenAI executives are in discussions regarding an unprecedented data center project, according to foreign media reports. Dubbed “Stargate,” the ambitious initiative aims to construct an AI supercomputer powered by millions of specialized server chips. This colossal machine is intended to bolster OpenAI’s artificial intelligence technologies. Insider sources have revealed…
OpenAI Unveils Revolutionary ‘Voice Engine’ for Realistic Voice Cloning
March 31, 2024 – OpenAI, a leading artificial intelligence company, has recently unveiled a groundbreaking voice cloning technology dubbed “Voice Engine”. This remarkable technology, which was first developed in 2022, utilizes text input and a brief 15-second audio sample to generate highly realistic and emotionally charged speech that bears an uncanny resemblance to the original…
xAI Debuts Grok-1.5 with Major Upgrades in Long Context Understanding and Reasoning Abilities
March 29, 2024 – In a move that echoes its founder Elon Musk’s penchant for grand announcements with minimal fuss, the artificial intelligence startup xAI has unveiled its latest language model, Grok-1.5. The official announcement was characteristically succinct, merely providing a link to the new model without any accompanying text, reflecting a “less is more”…
Canva Acquires Affinity Creative Suite in Major Move to Challenge Adobe
March 26, 2024 – In a significant move to intensify its competition with Adobe, Canva has announced the acquisition of Affinity Creative Suite, marking a major industry purchase. Affinity, known for its range of alternatives to Adobe product suites and popular among Mac users, brings a portfolio of photo editing, publishing, and illustration software to…
Microsoft Scores Major Deal with Inflection AI, Bolstering Its AI Arsenal
March 22, 2024 – In a recent development that has shaken the tech world, Microsoft has announced a blockbuster deal with the upstart artificial intelligence company Inflection AI. According to insiders, the software giant has agreed to shell out a staggering $6.5 billion in cash to secure a license for Inflection’s cutting-edge AI software. The…
Google Rebrands Fitbit to Google Fitbit, Reflecting Its Integration Within the Tech Giant
March 19, 2024 – In a recent move, Google has updated the branding of its wearable device subsidiary, Fitbit, which it acquired in 2021, to Google Fitbit, replacing the previously used Fitbit by Google logo. The new branding features only the Google Fitbit text, utilizing the Google Sans font, and has discarded the dot-shaped logo…
NVIDIA Unveils Revolutionary Project GR00T: Ushering in a New Era of Humanoid Robotics
March 19, 2024 – At the annual GTC developers’ conference hosted by NVIDIA, CEO Jensen Huang unveiled the groundbreaking Project GR00T, a humanoid robot initiative that introduces the world’s first-ever base model for humanoid robotics. According to Huang, the GR00T humanoid robot base model possesses remarkable capabilities. It can comprehend natural language, mimic human movements,…
OpenAI CTO Unsure About Social Media Data Usage, Emphasizes Adherence to Data Selection Principles
March 18, 2024 – In a recent report, it was stated that Mira Murati, the Chief Technology Officer of OpenAI, expressed uncertainty regarding whether the organization had utilized data from social media platforms. Murati emphasized that OpenAI strictly adheres to the principle of using “publicly available data or data that has been appropriately licensed” in…