Jerome Pesenti, the founder of Sizzle AI, has had a prominent role in the world of AI. With extensive experience leading AI teams for Meta and IBM, Pesenti understands the immense potential of this technology. However, his current focus lies in addressing the issue of equity in education.… Read the rest
TSMC Surges in Market Value as AI Development Spurs Investor Optimism
Taiwan Semiconductor Manufacturing Co. (TSMC) experienced a staggering $42 billion increase in market value as investors positioned the chipmaker to be a major beneficiary of the AI development frenzy. Following a week-long Lunar New Year break, TSMC saw a 7.9% surge in its stock during the first trading session, propelling its market capitalization to a record-breaking $575 billion.… Read the rest
Tower Semiconductor Faces Revenue Decline in Fourth Quarter Amid Shifting Automotive Chip Demand
Tower Semiconductor, a renowned Israel-based contract chipmaker, experienced a decline in sales during the fourth quarter due to the unpredictable nature of automobile demand. The company reported that the recent Israel-Hamas conflict had no significant impact on its operations or supply chain.… Read the rest
Citigroup Advances Digital Asset Solutions to Enhance Product Offerings
Citigroup Inc (NYSE: C), a prominent American multinational investment bank, is strengthening its commitment to developing digital asset solutions to enhance its product offerings. The widespread adoption of blockchain technology, web3 protocols, and digital assets has paved the way for Citigroup to explore new growth opportunities in a regulated manner.… Read the rest
Hackers Exploit AI Models for Advanced Cyberattacks: Insights from Microsoft
Tech giants Microsoft and OpenAI have recently exposed the concerning trend of hackers exploiting advanced language models to strengthen their cyber onslaughts. While cybercrime syndicates and state-sponsored threat actors have been actively exploring the potential applications of emerging AI technologies, Microsoft and OpenAI have conducted research to shed light on this escalating issue.… Read the rest
Slack Introduces AI-Powered Features to Streamline Workflows and Enhance Collaboration
Slack, the popular workplace chat platform, has recently unveiled its new AI-powered add-on designed to improve productivity and enhance collaboration within enterprises. This innovative solution includes a range of features such as automatic thread and channel summaries, conversational search, and more.… Read the rest
The Semiconductor Industry in 2024: Unlocking the Potential for Growth
The semiconductor industry is on the cusp of a transformative period in 2024, as ASE Technology Holding Co., Ltd. reveals its revised net revenues for January, highlighting a positive outlook for the sector. The advent of new technologies and the booming automotive industry have created an unprecedented demand for generative AI accelerator chips, logic processors, and memory chips.… Read the rest
Slack AI: Revolutionizing Communication with Artificial Intelligence
Slack, the popular communication tool used worldwide by professionals and businesses, has taken a significant step forward by integrating artificial intelligence into its platform. With the introduction of Slack AI, users can now benefit from a more efficient and intuitive user experience.… Read the rest
AMD Expands Support for ROCm 6.0, Opening New Doors for AI Enthusiasts
AMD is making significant strides in expanding the capabilities of its ROCm 6.0 software, as it continues to compete with industry giants like NVIDIA and Intel. With updated support for both consumer and professional GPUs, along with the addition of new AI-based features, AMD is ensuring that its software ecosystems remain on par with the competition.… Read the rest
Google Introduces Gemini AI to More Countries, Starting with English Version
Google, the tech giant, has recently launched its highly anticipated AI chatbot, Gemini, to more countries. Formerly known as Bard, the AI service is now available in the English language on iOS and Android platforms. This move by Google showcases its commitment to expanding the availability and accessibility of its AI technology to a broader user base.… Read the rest