Artificial intelligence
China's Bytedance claims Zhang Nan resigns as Douyin Group's CEO
On Wednesday, Bytedance, the proprietor of TikTok, declared the resignation of Zhang Nan from the position of CEO of Douyin Group, the sister app of the well known short video system in China. Sheldon Cooper | LightRocket | Getty Illustrations or photos TikTok owner Bytedance said on Wednesday that Zhang Nan has resigned as the CEO of Douyin Group, the common brief video clip […]
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Meta claims it will discover additional AI-produced pictures in advance of approaching elections
Meta Platforms CEO Mark Zuckerberg arrives at federal court in San Jose, California, on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Meta stated Tuesday it is growing its effort and hard work to recognize photos doctored by artificial intelligence as it seeks to weed out misinformation and deepfakes ahead of impending […]
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Tech execs are telling traders they have to commit revenue to make dollars on AI
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Synthetic Intelligence (AI) Insight Discussion board at the US Capitol in Washington, DC, on September 13, 2023. Mandel Ngan | AFP | Getty Photos It was a massive week for tech earnings, with Microsoft, Meta, Alphabet, Amazon and Apple all reporting around the past couple days. Artificial […]
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AI lobbying spikes virtually 200% as calls for regulation surge
Artificial intelligence-relevant lobbying achieved new heights in 2023, with more than 450 organizations collaborating. It marks a 185% boost from the calendar year in advance of, when just 158 companies did so, in accordance to federal lobbying disclosures analyzed by OpenSecrets on behalf of CNBC. The spike in AI lobbying comes amid rising calls for […]
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Tim Prepare dinner teases Apple AI announcement ➯terwards this year'
Apple CEO Tim Cook attends the Wonderlust function at the firm’s headquarters in Cupertino, California, on Sept. 12, 2023. Loren Elliott | Reuters Apple CEO Tim Cook teased that Apple may perhaps have an artificial intelligence announcement later this calendar year through a get in touch with with analysts right after the business noted fiscal […]
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Amazon cloud unit speeds up profits development as shoppers undertake AI solutions
Amazon Website Products and services CEO Adam Selipsky speaks at the CERAWeek by S&P Worldwide meeting in Houston, Texas, on March 7, 2023. F. Carter Smith | Bloomberg | Getty Images Amazon claimed on Thursday that its cloud division grew revenue 13% yr about calendar year in the fourth quarter, just in line with analysts’ […]
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'The Davos underground': A final take on the secretive parties of the world's rich and powerful
Countries and companies rent out storefronts on the Promenade in Davos, Switzerland during the World Economic Forum CNBC DAVOS, Switzerland — For as long as countries and companies have rented out chalets and storefronts on the Promenade of the small Swiss ski village that hosts the World Economic Forum, ancillary programming hosted beyond the reaches […]
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Taylor Swift's label UMG to pull new music from TikTok, accusing the social media app of bullying
Allen J. Schaben | Los Angeles Instances | Getty Images Common Audio Group explained on Wednesday that it will cease licensing its tunes to TikTok and accused the shorter-kind online video huge of bullying and intimidation in its contract negotiations. A music licensing settlement among UMG and TikTok, which is owned by Chinese tech big […]
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PayPal will reduce about 2,500 careers, or 9% of world wide workforce
The PayPal application revealed on an Apple iphone. Katja Knupper | DeFodi Visuals | Getty Images PayPal will lower 9% of its global workforce, or about 2,500 careers, CEO Alex Chriss wrote Tuesday in an inside letter to personnel, which was considered by CNBC. The cuts will impact both current roles and work listings that […]
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FTC launches AI inquiry into Amazon, Alphabet, Microsoft, on the lookout at 'investments and partnerships'
WASHINGTON, DC – Oct 4: Federal Trade Commission Chair Lina Khan speaks through a discussion on antitrust reforms at the Brookings Institution Oct 4, 2023 in Washington, DC. Khan assumed the position of FTC chair in June 2021 immediately after staying appointed by U.S. President Joe Biden and confirmed by the Senate. (Photo by Drew […]
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