News

The UK recently announced up to £1 billion ($1.24 billion) of support for its semiconductor industry to give a push to its domestic chip-making abilities and prevent further disruptions to supply chain systems after the call for help from...

Goldman Sachs believes that artificial intelligence technology could help drive S&P 500 profits over the next 10 years. Goldman’s senior strategist Ben Snider said, “Over the next 10 years, AI could increase productivity by 1.5% per year. And that could...

An important committee of lawmakers in the European Parliament has approved an artificial intelligence regulating act — which might soon become the West’s first AI law. The approval signifies a landmark development in the competition among authorities to avail the...

OpenAI CEO Sam Altman recently said, “OpenAI hasn’t trained its AI large-language models such as GPT with paying customer data for a while. Customers clearly want us not to train on their data, so we’ve changed our plans: We...

Intel reported first-quarter results yesterday that showed a 133% annual reduction in its earnings per share. Revenue declined nearly 36% year over year to around $11.7 billion. The loss per share and sales were comparatively better than soft Wall Street anticipations. For the second...

Britain’s top competition regulator moved to block Microsoft’s $69 billion acquisition of video game publisher Activision Blizzard. The measure marks a significant blow for the US tech company, as it seeks to convince authorities that it will benefit competition. Microsoft said it...

Google has been investing a lot of money into its cloud-computing business to compete with Microsoft and Amazon. Those high investments are ultimately turned into a profit. Alphabet said that Google’s cloud-computing business is profitable for the first time after years of...

Amazon CEO Andy Jassy said he doesn’t pay much attention to the company’s stock price, even after the shares lost half their value in 2022 amid fears of a recession and a bad year for tech stocks across the board. Jassy...

Twitter has announced a new feature that allows its Blue subscribers to tweet up to 10,000 characters messages that will also give them the option of bold and italic formatting. The recent features allow longer content than the short snippets...

OpenAI CEO Sam Altman expressed that he is slightly scared of artificial intelligence technology and how it might affect the workforce, the spread of disinformation, elections, etc. OpenAI developed the ChatGPT that creates human-like responses to questions and sparked a new AI...