(Reuters) – Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology. The e-commerce giant’s capital investments – mostly for building cloud and generative AI infrastructure – is expected to have risen 43% in the second…
Reddit Inc. has been blocking search engines, including Microsoft Corp.’s Bing, from accessing the site’s posts and comments unless they sign commercial agreements, following a Reddit policy change that took effect last month. “We can no longer be completely open because we have to be very considerate of where our data ends up and what…
The tech industry is witnessing a high tide of layoffs since 2022, and even now, the trend seems to be incessant. Recently, the video game company, Bungie, has hit with another round of layoffs. In a move that echoes the industry-wide trend of layoffs, Bungie CEO Pete Parsons revealed that the company will be reducing…
In an upcoming move set to take place in early April 2024, Facebook has announced its decision to remove the News Tab from its platform in the United States and Australia. This action follows a similar deprecation of the Facebook News feature in the United Kingdom, France, and Germany, as announced in September 2023. The…
If there is one thing that almost everybody is aware of about AI tools, it is that they require large amount of data in order to train. And this data, as of now, comes from the internet, something which is already being debated about. AI tools like ChatGPT are already being accused by many of…
Tech mogul Elon Musk on Friday announced that he plans to use only social media platform X, formerly known as Twitter, for messages and audio/video calls and is going to stop using his phone number. “In a few months, I will discontinue my phone number and only use X for texts and audio/video calls,” he…
In a recent series of cyber fraud incidents, Indigo Airlines has confirmed that cybercriminals targeted passengers by obtaining their PNR (Passenger Name Record) details and manipulating their contact information. The airline issued a cautionary advisory on Wednesday, urging passengers not to share their PNR and contact details on public forums. The most recent incident involved…
In New York, Microsoft achieved a milestone on Wednesday, joining Apple in the exclusive three trillion dollar club. Microsoft’s significant investment in artificial intelligence has garnered praise from Wall Street, elevating it to the position of the world’s second-largest company by market capitalization. The company’s shares rose by 1.31 percent to $404. Apple, currently the…
On Wednesday, Samsung launched its latest Galaxy smartphones, incorporating new artificial intelligence features in a bid to reclaim the title of the world’s largest phone seller from Apple. T.M. Roh, the president of Samsung, emphasized the transformative impact of Artificial Intelligence on the mobile industry during an event in San Jose, California. Roh highlighted Samsung’s…
The mobile app of OpenAI’s ChatGPT has been downloaded more than 110 million times globally since its launch in November 2022. The artificial intelligence chatbot has become a daily essential to millions of users. But it’s actually not the most reached-for app on OpenAI CEO Sam Altman’s phone, he said in an interview with Bill Gates aired yesterday (Jan. 11). In the latest episode…