The Nasdaq Composite has recorded its fifth-straight weekly gain, rising by 2.5% in the past five days. The index is now up 24% this year, outpacing the other major US indexes. The S&P 500 is up 9.5% for the year, while the Dow Jones Industrial Average is down slightly. Tech investors are buying shares of
Neuralink, a neurotechnology company co-founded by Elon Musk, has received approval from the US government to conduct human testing. The company was established in 2016 with the aim of creating direct communication channels between the brain and computers. The ultimate objective is to enhance human capabilities, treat neurological disorders such as ALS or Parkinson’s, and
IBM Consulting has recently launched its Center of Excellence (CoE) for generative AI, with the aim of advancing artificial intelligence (AI) capabilities and capitalizing on the transformative potential of generative AI for business outcomes. The CoE consists of over 21,000 skilled data and AI consultants who have completed over 40,000 enterprise client engagements, and it
Nvidia’s CEO, Jensen Huang, is set to deliver a keynote speech at the upcoming Computex 2023 event in Taiwan. Despite this, Huang is already riding high from the resurgence in AI demand due to the popularity of generative AI such as OpenAI’s ChatGPT. Huang reported earnings on Wednesday that beat Wall Street’s expectations for revenues
Top government officials recently met with leading tech executives, including the Alphabet and Microsoft CEOs, to discuss advancements in AI and Washington’s involvement. However, the development of generative AI models like ChatGPT and Bard has raised concerns among experts. Malicious actors representing the world’s most successful hacking groups and aggressive nation-states are building their own
Recent reports indicate that German authorities are investigating Tesla for possible data protection violations. Handelsblatt newspaper revealed that the Brandenburg data protection office in the state where Tesla has its European gigafactory has indications of data protection violations by the electric car manufacturer. The US automaker has allegedly failed to protect data from its customers,
Companies seeking to capture value from digital innovations often release improved versions of their current products. However, there is a downside to this strategy as upgrading products can alienate customers who have already invested a great deal of time and effort in getting used to a particular operating system. A study titled “Growing Pains: The
Microsoft has decided to end the production of its ergonomic keyboards, much to the dismay of its fans. The company entered the keyboard business in 1994, and since then, has attracted a dedicated following to its ergonomic offerings. The decision to discontinue these products is part of a larger effort to prioritize growing categories. This
OpenAI, the company behind the AI chatbot ChatGPT, has announced ten equal grants worth $1 million to experiment with democratic processes that determine how AI software should be governed to address bias and other factors. The company aims to fund recipients that present compelling frameworks for answering questions on whether AI ought to criticize public
Blizzard Entertainment’s upcoming action role-playing game, Diablo IV, just released a live-action trailer ahead of its release on June 6th. The ad campaign, called “Saviors Wanted,” was directed by Chloe Zhao, the Oscar-winning director of Nomadland, and co-directed by Kiku Ohe. The trailer captures the fear and conflict that exists in the game’s world, the