Artificial intelligence
‘Big Short’ trader Steve Eisman: Apple is the ‘hidden AI play’
Investor Steve Eisman of “The Massive Limited” fame expects Apple to seize epic gains from the artificial intelligence growth. “I assume Apple is basically the concealed AI enjoy,” he told CNBC’s ” Quickly Revenue ” on Tuesday, less than 24 hours in advance of chip big Nvidia reviews its fiscal initially-quarter final results. Eisman, who is now […]
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Google is permitting retailers include 3D photos in AI-created advertisements
Alphabet CEO Sundar Pichai throughout the Google I/O builders convention in Mountain Check out, California, on May perhaps 10, 2023. David Paul Morris | Bloomberg | Getty Visuals Google introduced Tuesday that it will be offering advertisers the potential to generate immersive visuals in their promotions employing generative artificial intelligence, as the corporation rolls out […]
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Amazon, Meta again Scale AI in $1 billion funding offer that values agency at $14 billion
Scale AI CEO Alex Wang, still left. Scale AI Artificial intelligence startup Scale AI mentioned Tuesday that it has raised $1 billion in a Series F funding round that values the organization tech firm at $13.8 billion — just about double its last reported valuation. The San Francisco-primarily based business, ranked No. 12 on this year’s CNBC Disruptor […]
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Nvidia is inexpensive heading into important earnings report, tech trader Dan Niles states
Nvidia is nevertheless regarded as affordable and can increase right after its earnings report, in accordance to Dan Niles. The semiconductor inventory turned synthetic intelligence darling has operate up massive, claimed the Niles Financial commitment Administration founder. But he also pointed out that Nvidia is however about 15% down below the 5-year selling price-to-earnings ordinary, […]
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OpenAI pulls ChatGPT AI voice in excess of its resemblance to Scarlett Johansson in the movie ‘Her’
Scarlett Johansson attends the 2020 Vainness Good Oscar Social gathering hosted by Radhika Jones at Wallis Annenberg Centre for the Executing Arts on February 09, 2020 in Beverly Hills, California. Karwai Tang | Getty Photographs Amusement | Getty Pictures OpenAI announced it would pull 1 of the ChatGPT voices named “Sky” soon after it established […]
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OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced the group, a person familiar with the situation confirmed to CNBC on Friday. The person, who spoke on condition of anonymity, said some of the team members are being reassigned to multiple other teams within […]
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Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt | Getty Images Reddit shares surged 11% in extended trading on Thursday after the social media company announced a partnership with OpenAI that will allow the […]
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After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Figma, a cloud-based design tool company, said Thursday it will allow investors, including current and former employees, to sell their shares in a tender offer that values the company at $12.5 billion. That’s up […]
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Microsoft offers relocation to hundreds of China-based AI staff amid U.S.-China tech tensions
A man walks past Microsoft’s local headquarters in Beijing on July 20, 2021. Noel Celis | Afp | Getty Images Microsoft has reportedly asked China-based cloud computing and artificial intelligence operations employees to consider relocating out of the country, as Washington cracks down on Beijing’s access to the advanced technology. The Wall Street Journal broke […]
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Instagram co-founder Mike Krieger joins Amazon-backed Anthropic
Omar Marques | Lightrocket | Getty Images Instagram co-founder Mike Krieger will join artificial intelligence firm Anthropic as chief product officer, the company announced Wednesday. Krieger, the former chief technology officer of Meta-owned Instagram, grew the platform to 1 billion users and increased its engineering team to more than 450 people during his time there, […]
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