News
Essential AI reveals funding, development of full-stack AI automation tools
Stealth startup Essential AI, founded by developers of Google's breakthrough Transformer technology, score $56.5 million in funding from some tech heavy hitters to develop AI-based tools to optimize business processes.
Apple Pay will need to open up to a little more competition
Hot on the heels of Epic’s big app store win, Apple is now reportedly offering to open up Apple Pay's NFC tech to mobile payment rivals.
Public cloud service revenue jumps 19%, with Microsoft leading overall: IDC
Worldwide public cloud sales reached $315.5 billion in the first half of 2023, due partly to AI adoption, and is expected to surpass $1 trillion annually in only a few more years.
Microsoft sets precedent, partnering with union to develop AI policy
In a first-of-its-kind move, Microsoft has partnered with the largest union group in the US to educate workers and ensure the inclusion of their viewpoint in the policy development.
Making sense of genAI pricing in office apps
Generative AI is now available in many of the productivity apps office workers use every day, from Microsoft Word to Zoom. But how much should businesses expect to pay to provide employees with an AI sidekick?
How many jobs are available in technology in the US?
The number of open IT jobs has shrunk over the past few months, but tech unemployment is still well below the overall US rate, and new AI positions are boosting hiring figures.
First CHIPS Act grant nets $35 million for BAE
The initial allocation from the 2022 CHIPS Act, aimed at boosting US semiconductor manufacturing, will modernize a New Hampshire facility that makes key chips for military aircraft.
Why billions of CHIPS Act dollars have not been distributed
The Department of Commerce said it is still in complex negotiations with chip manufacturers to ensure the federal funding is wisely spent on providing a base for new fabs and research facilities.
Meta releases open-source tools for AI safety
The Purple Llama project aims to help developers build generative AI models responsibly.
How Apple TV just became a Zoom meeting solution for SMEs
With support from Zoom and Cisco Webex, Apple TV may be a low cost way for smaller businesses to get set up for hybrid meetings.
EU lawmakers move closer to finalizing AI Act
The final draft could exempt free and open source AI licenses from regulation unless they come in the high-risk category.
Apple set to open its 4th iPhone factory in India in a China+1 strategy
The new plant could be a clear indication of India’s growing importance for Apple’s supply chain network and could be key to the company’s strategy to diversify beyond China.
Attacks against personal data are up 300%, Apple warns
Apple says more than 2.6 billion personal records have been exposed in the past two years — and attacks are intensifying. That's why data encryption is so important.
AWS blames Microsoft for anti-competitive practices in the UK
Last month, AWS, in a letter to the UK’s competition watchdog, alleged that Microsoft was involved in cloud licensing practices that restrict customer choices and make switching between cloud providers difficult.
Taiwan’s ‘silicon shield’ is cracking as US-China chip war rages
Taiwan Semiconductor (TSMC) is known as Taiwan’s guardian angel. But this won't always be the case with China forced to catch up, given the US chip curbs.
Concerns mount as US political standoff threatens chip manufacturing momentum
A provision that would have allowed projects funded by the 2022 CHIPS Act to skip federal environmental checks was removed from key defense legislation due to opposition from Republican lawmakers, according to a report.
Google launches Gemini, a genAI model for all devices
The new large language model will be available in three sizes for different purposes, including use in data centers and on mobile devices.
