At LaGuardia Airport, where travelers already negotiate with kiosks, scanners and charging stations, a headless, four-wheeled robot dog is now roaming Terminal B’s baggage claim to inspect the air. The machine doesn’t fetch suitcases, chase pigeons or judge anyone for arriving three hours early. It’s...
Meta is planning a cloud infrastructure business that will sell AI computing power/model access. That’s according to a report Wednesday (July 1) by Bloomberg News, which says this move would put Meta in greater competition with cloud leaders such as Amazon Web Services, Google Cloud and Microsoft Azure....
Amazon artificial intelligence executive Peter DeSantis reportedly said Wednesday (June 17) that the first “commercially useful small-scale” quantum computers will appear five to seven years from now. DeSantis, who is the company’s senior vice president, foundational AI models, custom silicon, quantum computing, told CNBC that...
The telecom industry is trying to stop 5G’s rollout history from repeating itself with 6G’s coming launch. To the envy of most chief financial officers in other industries embarking on their own new technology cycles, new guidance issued by the NGMN Alliance this week said...
Technology companies in the United States announced 38,242 job cuts in May, an almost two-year high. For the third consecutive month, artificial intelligence was the main reason cited by employers for these layoffs, outplacement firm Challenger, Gray and Christmas (CGC) said in a report issued...
The Department of Commerce plans to provide $2.013 billion in federal incentives to nine companies to support and accelerate their development of quantum computing. The Department signed letters of intent with the companies, and its CHIPS Research and Development Office will provide the incentives, the...
Watch more: The Digital Shift With Paymentology’s Jeff Parker Here’s a thought no one in payments likes to say out loud. A lot of the infrastructure that was supposed to replace the old stuff is becoming the old stuff. Banks built digital front ends. FinTechs...
Computers and electronics orders had their best month in 25 years in March, Reuters reported Monday (May 4). This category’s orders rose 3.6% compared to February and hit $29.6 billion, which was the highest level since March 2001, according to the report. The report attributed...
Japanese conglomerate SoftBank reportedly plans to create an American artificial intelligence (AI) and robotics company. That’s according to a report Thursday (April 30) from the Financial Times (FT), which characterizes the venture, known as Roze, as part of SoftBank founder and CEO Masayoshi Son’s push to make his AI...