Adobe shares post biggest gains in more than four years after it reports user take-up of generative AI tools
TECHNOLOGY POWERING BUSINESS
News AI
Meta Delays EU AI Launch After Privacy Complaints
Meta delays Europe launch of AI in Europe after user, privacy group complaints over plans to train models on user data
AI Fuels Local Memory Chip Demand For China’s Sanctioned YMTC
China chipmaker YMTC sees surge in demand from local companies, government projects amidst AI infrastructure boom, in spite of US sanctions
Apple Briefly Overtakes Microsoft For Market Crown On AI Plans
Apple AI announcements triggers three-day rally that sees market value briefly overtake Microsoft for most valuable listed US firm
CIOs Admit AI Is Investment Priority, Just Ahead Of Security, Cloud
Challenges to enterprise growth ambitions include geopolitical issues, inflation and economic uncertainty, Expereo's IDC report finds
Nvidia Completes Stock Split To Make Shares More Affordable
The 10-for-1 stock split at Nvidia has taken place, after the meteoric share price rise helped it become one of the most valuable tech firms
Elon Musk Drops OpenAI Lawsuit, Threatens Apple Ban
Surprising twist by Elon Musk after he ditches lawsuit against OpenAI, and also threatens to ban Apple devices over ChatGPT move
OpenAI Appoints Sarah Friar As First Finance Chief
AI firm OpenAI appoints former Nextdoor chief executive Sarah Friar as first chief financial officer, Kevil Weil as product chief
Apple Brings ChatGPT To iPhones, Macs In AI Push
Apple launches 'Apple Intelligence' AI strategy across devices, including tie-up with OpenAI's ChatGPT amidst heavy competition
Microsoft ‘Recalls’ AI Screenshots After Backlash
Microsoft takes step back on 'Recall' AI screenshot feature on Copilot+ PCs after critics compare it to pre-installed spyware
Huawei Claims AI Chip Equals Nvidia
Huawei executive claims its AI chip meets or surpasses one of Nvidia's most popular GPUs as company becomes serious rival in China
US Regulators To Open Antitrust Probes Into Microsoft, OpenAI, Nvidia
Both the Federal Trade Commission and US Justice Department are reportedly set to open antitrust investigations into leading AI players
Nvidia Overtakes Apple As Second Most Valuable Tech Firm
Value of Nvidia continues to surge as it reaches $3 trillion market cap, making it the second most valuable tech firm
Salesforce Opens First AI Centre In London
American CRM giant selects UK capital for its first AI centre where industry, customers and experts can advance AI innovation
OpenAI, DeepMind Workers Warn Of AI Risks In Open Letter
Current and former staff members of OpenAI and Google DeepMind warn of lack of safety oversight in AI industry
Microsoft ‘Cuts Hundreds Of Cloud Jobs’
Microsoft reportedly cutting hundreds of jobs in Azure cloud business, affecting telecoms and space teams, as it profits from AI
Computex: Qualcomm Promotes Windows AI Chips With ‘I’m A Mac’ Actor
Qualcomm promotes new AI chips for Windows PCs using former actor from Apple's 'I'm a Mac' TV adverts as Microsoft pushes ARM-based chips
Saudi Fund Invests In China’s Biggest AI Start-Up
Saudi Arabian investment fund Prosperity7 reportedly contributes to funding round for China's Zhipu AI as US tries to keep allies away
South Korea Chip Stockpiles Drop Amidst Surge In AI Chip Demand
Semiconductor inventories in South Korea drop by biggest amount since 2014 as Samsung, SK Hynix see surging demand for AI infrastructure
HP Sales Beat Expectations As PCs Return To Growth
HP revenues beat analysts' expectations as commercial PC sales return to growth after two-year post-pandemic slump
OpenAI Board ‘Not Aware Of ChatGPT Launch’
Former OpenAI board member gives fullest description to date of events that led to surprise sacking of chief executive Sam Altman last year
Nvidia Value Nears Apple As Shares Surge
News of xAI's $6bn funding round and plans for Nvidia-powered supercomputer extend rally of Nvidia stock as AI frenzy continues
OpenAI Creates AI Safety Committee After Criticism
OpenAI creates committee to oversee safety of 'superintelligent' AIs after disbanding 'superalignment' team amidst criticism over priorities
Tencent Uses AI To Help Decipher Ancient Chinese Script
China's most valuable internet company develops AI database to help researchers decipher ancient oracle bone script
Musk’s xAI ‘To Build Nvidia Supercomputer’
Elon Musk reportedly tells investors in start-up xAI company wants to build massive Nvidia-powered supercomputer by late next year
Elon Musk’s xAI In $6bn Funding Round Valuing It At $24bn
Elon Musk artificial intelligence start-up xAI concludes $6bn funding round valuing it at $24bn in coming weeks amidst heavy competition
Frustration Mounts Over False Results In Google’s ‘AI Overviews’
User frustration mounts over incorrect results in Google's new AI Overviews feature, as web publishers fear reduced traffic
Upcoming Honor Smartphones To Feature Google AI Tech
Honor will include Google AI features in upcoming devices, despite geopolitical tensions between Washington and Beijing
Amazon To Refresh Alexa With AI, Charge Monthly Subscription – Report
Alexa voice assistant to be upgraded with AI capabilities, and users charged a monthly fee not included in Prime, report states
AI Safety Summit 2024: Tech Firms Agree AI Safety Pledges
Second AI Safety Summit sees major players in the AI space pledge to develop the technology safely, amid rapid advances