Science & Technology - page 36

News

Intel Shares Fall Amid Disappointing Earnings

Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]

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Contextual AI Raises $80 Million

Contextual AI, a startup selling a tool to improve the performance of artificial intelligence models, raised an investment of $80 million as part of a Series A funding round.

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AMD Posts Revenue Rise

Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.

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Qualcomm Revenue Beats Estimates

Qualcomm on Wednesday, July 31, released information on the results of its operations for the third fiscal quarter.

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Meta Shares Rise Amid Earnings Report

Meta shares rose by about 7% on Wednesday, July 31, during extended trading after the technology giant released data on income and revenue figures for the second quarter of the current year, which exceeded Wall Street’s preliminary expectations, and announced its forecast for the present quarter, which turned out to be more optimistic compared with […]

Articles

How to Safeguard Financial Institutions From Malicious AI Use

Artificial intelligence (AI) is an extremely powerful and useful technology. However, when it gets into the wrong hands, innovative smart tools may be used for malicious purposes. There’s no other sector more attractive to cybercriminals than banking and financial services. Therefore, financial institutions of all kinds must take all the precautions to safeguard their ecosystems […]

Articles

The Benefits of Open Source Tools in Developing Fintech Apps

In recent years, the fintech industry has exploded with innovation, and at the heart of this transformation lies the power of open-source tools. These resources have democratised access to cutting-edge technology and fostered collaboration and creativity among developers worldwide.

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Virtual Companion Now on Your Neck With a Friend AI Necklace

The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.

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OpenAI Launches Voice Assistant

OpenAI launches the long-awaited voice assistant for ChatGPT for a limited number of users.

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Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028

Analysts predict that against the background of scaling up the implementation of generative artificial intelligence and cloud computing, the capacity of data centers located in the Asia-Pacific region will double over the next five years.

News

Apple Releases First Version of Suite of AI Features

On Monday, July 29, was released the first version of Apple Intelligence, which is a suite of AI features developed by the technology giant that will improve the functioning of Siri, automatically generate emails and images, and sort notifications.

News

SK Hynix to Build Chip Plant in South Korea

SK Hynix, a South Korean-based memory chip giant, has announced its intention to invest 9.4 trillion Korean won ($6.8 billion) in the construction of a new semiconductor manufacturing plant.

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UK Startup Fractile Raises $15 Million

The Fractile startup, which is based in the United Kingdom, reported that it managed to raise $15 million in seed funding.

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Apple Expands Manufacturing in India

Apple annual sales in India hit a record $8 billion, as one of the firm’s contract manufacturers is planning to assemble iPads in a local facility.

News

Amazon Partners With Girl Scouts to Promote Diversity in STEM Careers

The current generation of Girl Scouts will soon enter the labour market, so Amazon hosts exclusive tours to showcase to youth the importance and diversity of careers in STEM.

News

Apple Signs On to Voluntary US Scheme to Manage AI Risks

Apple has signed the voluntary commitments of the President of the United States Joe Biden, which are aimed at regulating activities in the artificial intelligence industry.

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