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Microsoft to Cut About 4 Percent of Jobs Amid Hefty AI Bets
Microsoft is cutting nearly 4 percent of its workforce, marking the latest layoffs as the tech giant aims to control costs while making significant investments in AI infrastructure. This follows approximately 6,000 job cuts in May. The rising expenses of scaling AI are impacting Microsoft's margins, with June quarter cloud margins expected to decli...
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Meta Superintelligence Labs: Zuckerberg Announces New Group For AI Projects
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg announced a major restructuring of the company's artificial intelligence group, including a commitment to developing AI "superintelligence,".
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Infosys Chairman Flags Global Uncertainties Arising From Tariff War, AI
Infosys Ltd chairman Nandan Nilekani has expressed concern over unprecedented global uncertainties arising from the ongoing tariff war, the increased use of artificial intelligence, and energy transition.
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Meta Discussed Buying Perplexity Before Investing in Scale
Meta held discussions with AI search startup Perplexity AI about a possible takeover. The talks with Meta, which have not previously been reported, highlight Meta CEO Mark Zuckerberg’s willingness to use deals and big hires to catch up in the AI race.
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Sam Altman Says Meta Offered OpenAI Staffers $100 Million Bonuses
OpenAI Chief Executive Officer Sam Altman said Meta Platforms Inc. has offered his employees signing bonuses as high as $100 million, with even larger annual compensation packages, as it seeks to build a top artificial intelligence team.
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Sam Altman Says Meta Offered $100 Million Bonuses to Recruit OpenAI Employees
Sam Altman said that Meta has offered his employees bonuses of $100 million (roughly Rs. 863 crore) to recruit them. The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI models.
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Musk's xAI Burns Through $1 Billion A Month As Costs Pile Up
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues.
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OpenAI Executives Said to Be Weighing Antitrust Accusation Against Microsoft
OpenAI executives have reportedly considered accusing Microsoft of anticompetitive behavior in their partnership. OpenAI's effort could involve seeking a federal regulatory review of the terms of its contract with Microsoft for potential violations of antitrust law, as well as a public campaign.
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Meta Invests Over $10 Million In Scale AI, Takes In CEO Alexandr Wang
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
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Meta's Zuckerberg Said to be Hiring for New 'Superintelligence' AI Team
Mark Zuckerberg is reportedly building a team to oversee Meta's initiatives around so-called "artificial general intelligence" (AGI). Zuckerberg is building the new AI team in tandem with a reported investment of over $10 billion (roughly Rs. 85,563 crore) in Scale AI
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Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
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Alphabet CEO Expects to Keep Hiring Engineers as AI Advances
Sundar Pichai said his company will keep expanding its engineering ranks at least into 2026. Speaking at the Bloomberg Tech conference in San Francisco, Pichai said he will continue to invest in engineering in the near future.
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Samsung Galaxy S26 Series to Reportedly Include Perplexity App as Companies Near Major AI Deal
Samsung and Perplexity are reportedly nearing a major artificial intelligence (AI) deal that will see the AI app be preinstalled on Samsung devices. As per the report, the upcoming Galaxy S26 series could be the first smartphones to feature the Perplexity AI app and its recently launched AI assistant out of the box. The multi-faceted deal reportedl...
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Microsoft Hosts Developer Conference as Focus Grows on AI Profits
Microsoft has already spent $64 billion (roughly Rs. 5,46,718 crore) this year, much of it on data centers needed for AI-based services such as Copilot used in its popular Microsoft 365 applications. But there are signs that Microsoft is reworking its relationship with OpenAI and seeking to become a neutral arms dealer in the AI race.
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Netflix Unveils AI-Powered Feature That Will Blend Ads With Shows and Movies
Netflix unveiled a new artificial intelligence (AI) for its advertisers at its Upfront event on Wednesday. The streaming platform is heavily investing in its new in-house ad platform dubbed Netflix Ads Suite, and it showcased some of the features and tools that advertisers can leverage. The company also unveiled several ad formats to help its clien...
![Gadgets 360 With Technical Guruji: Ask TG [October 26, 2024]](https://c.ndtvimg.com/2024-10/ke8sab98_ask-tg_160x120_26_October_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: Ask TG [October 26, 2024]")
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Microsoft to Cut About 4 Percent of Jobs Amid Hefty AI Bets
Microsoft is cutting nearly 4 percent of its workforce, marking the latest layoffs as the tech giant aims to control costs while making significant investments in AI infrastructure. This follows approximately 6,000 job cuts in May. The rising expenses of scaling AI are impacting Microsoft's margins, with June quarter cloud margins expected to decli...
-
Meta Superintelligence Labs: Zuckerberg Announces New Group For AI Projects
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg announced a major restructuring of the company's artificial intelligence group, including a commitment to developing AI "superintelligence,".
-
Infosys Chairman Flags Global Uncertainties Arising From Tariff War, AI
Infosys Ltd chairman Nandan Nilekani has expressed concern over unprecedented global uncertainties arising from the ongoing tariff war, the increased use of artificial intelligence, and energy transition.
-
Meta Discussed Buying Perplexity Before Investing in Scale
Meta held discussions with AI search startup Perplexity AI about a possible takeover. The talks with Meta, which have not previously been reported, highlight Meta CEO Mark Zuckerberg’s willingness to use deals and big hires to catch up in the AI race.
-
Sam Altman Says Meta Offered OpenAI Staffers $100 Million Bonuses
OpenAI Chief Executive Officer Sam Altman said Meta Platforms Inc. has offered his employees signing bonuses as high as $100 million, with even larger annual compensation packages, as it seeks to build a top artificial intelligence team.
-
Sam Altman Says Meta Offered $100 Million Bonuses to Recruit OpenAI Employees
Sam Altman said that Meta has offered his employees bonuses of $100 million (roughly Rs. 863 crore) to recruit them. The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI models.
-
Musk's xAI Burns Through $1 Billion A Month As Costs Pile Up
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues.
-
OpenAI Executives Said to Be Weighing Antitrust Accusation Against Microsoft
OpenAI executives have reportedly considered accusing Microsoft of anticompetitive behavior in their partnership. OpenAI's effort could involve seeking a federal regulatory review of the terms of its contract with Microsoft for potential violations of antitrust law, as well as a public campaign.
-
Meta Invests Over $10 Million In Scale AI, Takes In CEO Alexandr Wang
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
-
Meta's Zuckerberg Said to be Hiring for New 'Superintelligence' AI Team
Mark Zuckerberg is reportedly building a team to oversee Meta's initiatives around so-called "artificial general intelligence" (AGI). Zuckerberg is building the new AI team in tandem with a reported investment of over $10 billion (roughly Rs. 85,563 crore) in Scale AI
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Alphabet CEO Expects to Keep Hiring Engineers as AI Advances
Sundar Pichai said his company will keep expanding its engineering ranks at least into 2026. Speaking at the Bloomberg Tech conference in San Francisco, Pichai said he will continue to invest in engineering in the near future.
-
Samsung Galaxy S26 Series to Reportedly Include Perplexity App as Companies Near Major AI Deal
Samsung and Perplexity are reportedly nearing a major artificial intelligence (AI) deal that will see the AI app be preinstalled on Samsung devices. As per the report, the upcoming Galaxy S26 series could be the first smartphones to feature the Perplexity AI app and its recently launched AI assistant out of the box. The multi-faceted deal reportedl...
-
Microsoft Hosts Developer Conference as Focus Grows on AI Profits
Microsoft has already spent $64 billion (roughly Rs. 5,46,718 crore) this year, much of it on data centers needed for AI-based services such as Copilot used in its popular Microsoft 365 applications. But there are signs that Microsoft is reworking its relationship with OpenAI and seeking to become a neutral arms dealer in the AI race.
-
Netflix Unveils AI-Powered Feature That Will Blend Ads With Shows and Movies
Netflix unveiled a new artificial intelligence (AI) for its advertisers at its Upfront event on Wednesday. The streaming platform is heavily investing in its new in-house ad platform dubbed Netflix Ads Suite, and it showcased some of the features and tools that advertisers can leverage. The company also unveiled several ad formats to help its clien...
