AI

Now worth $2.8 billion, Groq thinks it can challenge one of the world’s most valuable companies with a purpose-built chip designed for AI from scratch.

Operating profit rose 1,458.2% year-over-year to 10.44 trillion Korean won ($7.6 billion), buoyed by high-bandwidth memory chips.

A leader in all things technology for decades, the profitable but often plain Microsoft received a jolt over the last two years as analysts declared Microsoft the immediate winner in the AI rave, though it disappointed investors Tuesday.

The CEO of OpenAI wants to know whether the US and allied nations will advance a democratic future – or an authoritarian one. “There is no third option,” he says.

As we navigate the performance review season, it’s crucial to acknowledge the significance of these evaluations for employee development and organisational alignment.

The AI boom undoubtedly resembles the dot-com bubble but with a difference. Back then, most startups carried the risks, while now, giant AI pioneers are unlikely to go broke. Rather, investors will suffer.

The lawsuits filed Monday allege “copyright infringement involving unlicensed copying of sound recordings on a massive scale” and seek an injunction and damages.

A tech advisory firm study estimates that AI will create $280 billion in economic benefit by 2030. Google is tapping into the demand with a new AI-first accelerator for Australian entrepreneurs.

Google defended its AI Overviews feature but said it would implement new safeguards after the tool told people to eat rocks and put glue on their pizzas and dismissed fake viral screenshots claiming it endorsed smoking for pregnant people.

Move over Bernard Arnault. There’s a new wealthiest person on the planet.