Billionaire investor Warren Buffett has long steered clear of Silicon Valley’s flashiest trends. But as he prepares to step down as chief executive of Berkshire Hathaway later this year, the investment firm he built is now deeply exposed to the engine driving today’s technology boom: artificial intelligence. Apple and Amazon, two companies at the heart … Read more
Microsoft has announced a massive 3 percent cut in headcount, which amounts to a total of 6,000 employees in line to get the dreaded pink slip over the coming days, even as Redmond moves to increase operational efficiency by realigning resources to a workforce involved in core engineering rather than people who manage them. This … Read more
Recent developments have highlighted the potential misuse of artificial intelligence tools like ChatGPT in generating photorealistic fake identification documents, such as Aadhaar and PAN cards. Multiple individuals on social media have been circulating fabricated Aadhaar and PAN cards produced using ChatGPT. Although these actions may have been taken in jest, they raise concerns about the ethical … Read more
Meta is working on launching a standalone app for its AI assistant, Meta AI, which will join its family of apps like Facebook, Instagram, and WhatsApp, as per a report by CNBC. According to sources familiar with the matter, the app is expected to debut in the second quarter of this year. Meta AI was … Read more
“Every service industry is getting significantly disrupted. So, I truly believe IT services industry is at an inflection point and we should not be complacent. If we can be more proactive in adopting to the changes, talk to our clients about what is the art of the possible and really walk this path with that … Read more
The future of supply chains is poised for an unprecedented transformation. Imagine a world where every inventory decision is predictive, real-time, and perfectly aligned with consumer demand. A world where hospitals never run out of critical medicines, retail stores always have the right seasonal products in stock, and agricultural produce reaches markets with minimal wastage. … Read more
Skyline Nav AI’s flagship technology offers precise, real-time geolocation without the need for GPS, Wi-Fi, or cellular networks. The system utilizes machine learning algorithms to analyze terrain and skyline features and match them with preloaded reference datasets, providing up to centimeter-level accuracy in GPS-denied environments. This capability could enable operations in areas where GPS signals … Read more
New Delhi: Maheshwaran Rajendran doesn’t have the support system many elderly have – adult children – and couldn’t attend post-knee surgery rehab sessions at the hospital daily. So, doctors gave the 72-year-old an AI-powered app to help him exercise right in his bedroom. AI hasn’t replaced doctors, nurses, or paramedical staff, but it’s being increasingly … Read more
The cyber landscape is more turbulent than ever. Microsoft recently reported a 2.75-fold increase in ransomware attempts this year, while research predicts that global cyber attacks in 2024 will surge 105% compared to 2020. There is a dire need for more qualified cyber professionals as generative AI is lowering the barrier to entry for attacks. … Read more
Three months ago, Wall Street punished the world’s largest technology firms for spending enormous amounts to develop artificial intelligence, only to deliver results that failed to justify the costs. Silicon Valley’s response this quarter? Plans to invest even more. The capital expenditures of the four largest internet and software companies – Amazon, Microsoft, Meta and … Read more