OpenAI Strikes Multi-Year Content Deal with News Corp Amidst Scrutiny

OpenAI, in collaboration with News Corp, has embarked on a groundbreaking five-year agreement. This pact, announced against the backdrop of intensified scrutiny faced by Microsoft, OpenAI, and Google, heralds a new era of AI training with access to copyrighted content. According to a report by The Wall Street Journal, the deal between OpenAI, the innovator behind ChatGPT, and News Corp,…

Afraid That People’s Jobs Will Be Taken Away: “Godfather of AI” Proposes Universal Basic Income

The “Godfather of Artificial Intelligence,” Geoffrey Hinton, believes that the introduction of a universal basic income (UBI) could address the potential job shortages caused by the rapid development of AI. Geoffrey Hinton told the BBC he was "very concerned that a lot of simple jobs will be taken over by artificial intelligence." “I was consulted by people from Downing Street.…

Nvidia CEO Jensen Huang’s net worth has risen to $90 billion in five years.

Jensen Huang, the co-founder and CEO of Nvidia, has seen his net worth skyrocket from $3 billion to over $90 billion in just five years. This unprecedented surge is largely attributed to the meteoric rise of Nvidia's stock, which has increased approximately 28-fold during this period. Nvidia's recent financial performance has been nothing short of extraordinary. On Thursday, the company…

Google I/O 2024: Everything Revealed, Including Gemini AI and More

At the end of I/O, Google’s annual developer conference at the Shoreline Amphitheater in Mountain View, Google CEO Sundar Pichai revealed that the company had said “AI” 121 times. That, essentially, was the crux of Google’s two-hour keynote — stuffing AI into every Google app and service used by more than two billion people around the world. Here are all…

Biden Hits Chinese Electric Cars and Solar Cells with Higher Tariffs

US President Joe Biden is ramping up tariffs on Chinese-made electric cars, solar panels, steel, and other goods. The White House said the measures, which include a 100% border tax on electric cars from China, were a response to unfair policies and intended to protect US jobs. China has expressed opposition to these hikes and has vowed to take retaliatory…

Apple Expands Accessibility with Eye Tracking and Voice Commands Coming to iPhone and iPad

As the world gears up to observe Global Accessibility Awareness Day, Apple unveils a suite of groundbreaking features aimed at enhancing accessibility across its range of devices. Among the highlights is the integration of eye-tracking capabilities for recent models of iPhones and iPads, providing users with an innovative method of navigating iOS and iPadOS interfaces with their gaze alone. One…

Google Unveils Project Astra: The Future of AI-Powered Assistance

Google's latest innovation, Project Astra, was revealed at the I/O 2024 conference, promising to bring a new level of AI capability to everyday tasks. This revolutionary technology leverages your phone’s camera and advanced AI to identify sound sources, track misplaced items, and more, aiming to become an indispensable part of daily life. Project Astra's Debut at I/O 2024 Project Astra,…

Geely Unveils Electric SUV E5 with 2000 km Potential Range

On May 7, Geely Galaxy took the wraps off its highly anticipated all-electric SUV, the E5, marking a significant milestone as the first of its kind in the Galaxy series. With an estimated price range of RMB 150,000-200,000 (USD 20,800-27,700), the E5 is poised to make waves in the electric vehicle market upon its official launch in the second quarter.…

Apple Unveils New iPad Pros with OLED Displays and Thinnest Design Ever

Apple announced new iPad Pros featuring OLED displays and the thinnest design in the company's history. The announcement came at Apple's "Let Loose" virtual event on May 7, 2024, where the tech giant unveiled a new 13-inch model and an updated 11-inch model, both with stunning OLED screens, more powerful internals, and a sleeker design. The switch to OLED is…

YouTube Premium Unveils AI-Powered ‘Jump Ahead’ Feature for Quick Video Navigation

YouTube is ramping up its offerings for Premium subscribers with a new feature that leverages artificial intelligence to enhance video navigation. The "Jump ahead" button, first introduced as a small experiment in March, is now rolling out to a broader audience through youtube.com/new, offering a streamlined way to skip over less engaging sections in videos. This AI-driven feature aims to…

AMD Gaming Revenue Drops 48%: A Year of Struggles for Radeon GPUs and Consoles

AMD's gaming revenue experienced a dramatic 48% year-over-year drop in the first quarter of 2024, driven by declining sales of Radeon graphics cards and a reduction in orders for console processors. The downturn is set to continue throughout 2024, with recovery not expected until 2025, signaling turbulent times ahead for the company. The steep decline has led to questions about…

Google Officially Becomes a $2 Trillion Company: A New Milestone in Tech History

Google has officially crossed the $2 trillion mark in market capitalization, a landmark achievement indicating its ongoing strength and resilience in the face of significant challenges. This breakthrough comes after a turbulent year, with Google grappling with the emergence of generative AI and heightened regulatory scrutiny. Generative AI has had a profound impact on Google, pushing the company to make…

Spotify Soars as Profits and Paid Subscribers Rise: Shares See Biggest Gain in Nearly Two Years

Spotify Technology SA shares surged 16% to $314.80, marking the largest intraday increase since July 2022, after the audio-streaming giant reported a first-quarter profit and strong growth in subscriber numbers. The Swedish company's paid subscriber base grew by 14% year-on-year to 239 million, aligning with analysts' expectations. This impressive growth comes as Spotify continues to expand its offerings and introduce…

Tesla Profits Plunge by 55% as EV Sales Face Hybrid Competition

Tesla, the pioneering electric vehicle (EV) manufacturer, has reported a staggering 55% drop in profits for the first quarter of this year. The company, known for its innovative approach to sustainable transportation, cited several challenges affecting its bottom line, including heightened competition from hybrid vehicles and unforeseen disruptions such as the Red Sea conflict and an arson attack at Gigafactory…