Big Tech companies have reportedly been increasing their investments in artificial intelligence (AI) infrastructure, with a particular focus on expanding their presence in international markets. Microsoft and Amazon have already allocated over $40 billion combined for AI-related and data center projects worldwide this year, the Wall Street Journal (WSJ) reported Thursday...
Alphabet, Meta Platforms and OpenAI are reportedly in talks with Hollywood studios to license content for their artificial intelligence video generation software. The companies are developing technology that can create realistic scenes based on text prompts and have offered financial incentives to partner with studios, Bloomberg reported Thursday (May 23). The discussions come as studios...
Meta CEO Mark Zuckerberg has created a product advisory council to provide guidance on the company’s artificial intelligence (AI) and technology efforts. The new Meta Advisory Group will meet periodically with Meta’s management team, Bloomberg reported Wednesday (May 22). The group will be composed of four executives: Patrick Collison, CEO and...
Artificial intelligence (AI) is experiencing a gold rush, and Nvidia is at the center of it all. As the chip maker prepares to report its earnings today, the AI landscape is buzzing with activity, from startups raising massive funding rounds to tech giants racing to...
May 03, 2024
As tech giants like Google, Microsoft and OpenAI accelerate their artificial intelligence (AI) efforts, Apple is charting a more deliberate course and expressing optimism about the technology’s future. The iPhone maker, known for its meticulous approach to product development, is carefully assessing the AI landscape before making significant moves. During Apple’s second-quarter earnings call on Thursday […]
April 29, 2024
All pillars in the CE 100 Index posted gains for the week, as earnings spurred broad-based rallies. Snap was up 30.1%, helping drive the Communications pillar up by 12.5%. Snap...
April 08, 2024
It was a week of widespread losses for the CE 100 Index. Only the “Have Fun” pillar gained ground, up 1.1%. Spotify shares gained 17.6%, leading that “fun” segment higher,...
April 01, 2024
The CE 100 Index was 1% higher on the week, as a majority of pillars finished in the black. Porch Group soared 14%, powering the “Live” pillar 1.7% higher and...
May 27, 2024
Chatbot maker Character.ai has reportedly held exploratory talks with both Meta and Elon Musk’s xAI, discussing potential partnerships. The firm has talked with both companies about working together to pre-train and develop AI models, the Financial Times (FT) reported Friday (May 24). The discussions have centered on research, rather than an acquisition, and no deal […]
May 23, 2024
Big Tech companies have reportedly been increasing their investments in artificial intelligence (AI) infrastructure, with a particular focus on expanding their presence in international markets. Microsoft and Amazon have already allocated over $40...
May 23, 2024
Alphabet, Meta Platforms and OpenAI are reportedly in talks with Hollywood studios to license content for their artificial intelligence video generation software. The companies are developing technology that can create realistic scenes based on text prompts and have...
May 22, 2024
Meta CEO Mark Zuckerberg has created a product advisory council to provide guidance on the company’s artificial intelligence (AI) and technology efforts. The new Meta Advisory Group will meet periodically with Meta’s management team,...
