A naukri.com initiative
Innovation News
Pymnts
7d
27
Image Credit: Pymnts
Alibaba Chairman Joe Tsai Cautions Against US AI Industry ‘Bubble’
- Alibaba Chairman Joe Tsai expresses concern over the level of AI being planned by the US technology sector.
- He believes that people are investing ahead of the current demand and mentions the possibility of a bubble.
- Alibaba plans to spend at least $52 billion on AI and cloud computing in the next three years.
- Meanwhile, the four biggest US tech giants are expected to spend $320 billion on AI this year.
Read Full Article
Like
Pymnts
7d
253
Image Credit: Pymnts
DeepSeek Debuts Upgrade to AI Model That Improves Reasoning and Coding
- DeepSeek introduced an upgrade to its artificial intelligence model.
- The new version of the Chinese startup’s V3 large language model was made available through AI development platform Hugging Face.
- The new model shows improvements over its predecessor in areas like reasoning and coding.
- DeepSeek's AI models have gained recognition, with Apple CEO Tim Cook describing them as 'excellent'.
Read Full Article
15 Likes
Destination-Innovation
7d
178
Image Credit: Destination-Innovation
Challenging Conventions: The Life and Legacy of Marcel Duchamp
- Marcel Duchamp was born in 1887 in Normandy, France and became one of the most influential artists of the 20th century.
- Duchamp challenged conventional art forms and rejected traditional painting, instead focusing on using art to serve the mind.
- He introduced the concept of the 'readymade,' elevating ordinary objects to the status of art by the artist's choice and intention.
- Duchamp's legacy includes his significant impact on the Dada, Surrealist, and Conceptual art movements, as well as his influence on minimalism and performance art.
Read Full Article
10 Likes
Silicon
7d
236
Image Credit: Silicon
OpenAI’s Lightcap To Take On Expanded Role
- OpenAI's chief operating officer Brad Lightcap to take on expanded responsibilities, overseeing day-to-day operations and international expansion.
- Mark Chen appointed as chief research officer and Julia Villagra as chief people officer.
- No plans to replace Mira Murati as chief technology officer who left the company in September 2021.
- OpenAI completed a $6.6 billion funding round and is in the process of raising another $40 billion.
Read Full Article
14 Likes
Silicon
7d
290
Image Credit: Silicon
China Unveils Deep-Sea Cable-Cutting Device
- Chinese researchers have developed a deep-sea cable-cutting device that could threaten critical communications networks.
- The device is capable of cutting armored cables at depths of up to 4,000 meters, twice the maximum operational depth of existing subsea communications infrastructure.
- Developed by the China Ship Scientific Research Centre, the device uses a diamond-coated cutting wheel and is designed for integration with China's submersibles.
- The device raises concerns about potential sabotage of undersea cables and escalating tensions in international relations.
Read Full Article
17 Likes
Silicon
7d
211
Image Credit: Silicon
Pat Gelsinger Joins Faith-Based Tech Company Gloo
- Former Intel CEO, Pat Gelsinger, has joined faith-based tech company Gloo as Executive Chairman and Head of Technology.
- Gelsinger will be responsible for product development, focusing on AI tools such as chatbots and virtual assistants.
- Gloo raised $110 million last year to invest in AI and develop chatbots with Christianity-based answers.
- Gelsinger's role at Gloo is his first since leaving Intel.
Read Full Article
12 Likes
Silicon
7d
49
Image Credit: Silicon
MEPs Ramp Pressure For Second EU Chips Act
- MEPs have called for a new plan to support the EU's semiconductor industry, including advanced AI chips, due to concerns over the slow pace of the Chips Act of 2023.
- Lawmakers are emphasizing the need for greater technological self-sufficiency in the EU, citing recent geopolitical tensions as a reason.
- The call to action includes making the EU an attractive location for R&D, production, and investment, and protecting EU champions from external competition.
- Industry groups are also pushing for a second Chips Act to support semiconductor manufacturing, design, materials, and equipment.
Read Full Article
3 Likes
Silicon
7d
62
Image Credit: Silicon
Xiaomi Raises $5.5bn In Expanded Share Sale
- Xiaomi is expected to raise about $5.5 billion in a share sale to expand its electric vehicle (EV) business.
- Xiaomi increased its offering to about 800 million Class B shares and the funds will be used for business expansion and investment in technology research and development.
- Xiaomi raised its full-year target for EV deliveries and plans to expand its production capacity and store network in China and internationally.
- Total equity issuance from Chinese companies in the first quarter more than doubled over the previous year, driven by interest in Chinese AI start-up DeepSeek and easing regulation.
Read Full Article
3 Likes
Silicon
7d
83
Image Credit: Silicon
BYD Launches Rival To Tesla’s Model 3 At Half Price
- China's BYD has launched a rival to Tesla's Model 3 at half the price.
- BYD's Qin L EV sedan has a starting price of 119,800 yuan compared to 235,500 yuan for a basic Model 3.
- Qin L offers 545km driving range compared to 634km for Model 3, both feature a digital cockpit and basic self-driving features.
- BYD also launched the high-end Denza N9 SUV under the Denza brand, available as pure-electric or plug-in hybrid models.
Read Full Article
5 Likes
Medium
7d
41
Image Credit: Medium
The World Will Run on a Chat Interface by the end 2025
- By the end of 2025, the world stage is predicted to be controlled by chat interfaces.
- Chat interfaces will not only answer questions, but also control complex systems.
- AI-driven chat systems will use APIs to pull data and trigger actions instantly.
- This shift towards chat-driven AI will eliminate collaboration bottlenecks.
Read Full Article
2 Likes
Pymnts
7d
371
Image Credit: Pymnts
How AI Is Different From Web3, Blockchain and Crypto
- Web3, AI, cryptocurrencies, and blockchain are distinct technologies with different purposes and impacts.
- Web3, or Web 3.0, represents the decentralized evolution of the internet aiming to empower users with data ownership and peer-to-peer interactions.
- Built on blockchain, Web3 uses cryptocurrencies and smart contracts for financial transactions and decentralized apps.
- AI involves algorithms simulating human intelligence to analyze data, recognize patterns, and automate tasks.
- AI systems, unlike Web3, are typically centralized and rely on large datasets and computing power.
- While AI focuses on automation and decision-making, Web3 prioritizes decentralization, transparency, and user control.
- AI enhances automation and decision-making in Web3, while Web3 strengthens AI by offering transparent and secure data storage.
- Web3 operates on distributed consensus and trustless systems, while AI relies on centralized computation and pattern recognition.
- Both Web3 and AI play unique roles in reshaping industries and advancing technological capabilities.
- Understanding the distinctions between AI, Web3, cryptocurrencies, and blockchain is essential for leveraging their potential in business applications.
Read Full Article
22 Likes
Netflixtechblog
1w
312
Image Credit: Netflixtechblog
HDR10+ Now Streaming on Netflix
- Netflix is now streaming HDR10+ content for AV1-enabled devices, enhancing the viewing experience for certified HDR10+ devices.
- The dynamic metadata in HDR10+ content improves picture quality and accuracy for viewers using these devices.
- Netflix has been a pioneer in adopting High Dynamic Range (HDR) technology, producing and streaming shows and movies in HDR for over a decade.
- By adding support for HDR10+, Netflix aims to enhance its HDR ecosystem, maintain creative intent, and provide a more immersive viewing experience.
- AV1 video codec, utilized by Netflix, enables efficient streaming and higher visual quality for members.
- Netflix plans to expand HDR10+ offerings to provide an HDR10+ experience for all HDR titles by the end of the year.
- HDR formats like Dolby Vision, HDR10, and HDR10+ use metadata to guide display devices for optimal image quality.
- HDR10+ with dynamic metadata allows for per-frame adjustments, preserving creative intent and enhancing visual fidelity.
- To receive HDR10+, Netflix Premium plan subscription and AV1 & HDR10+ compatible devices are required.
- Launching HDR10+ on Netflix was a collaborative effort involving multiple teams, emphasizing the commitment to innovation and quality.
Read Full Article
18 Likes
Pymnts
1w
341
Image Credit: Pymnts
Western Union Taps AI to Move to ‘Platform Operating Model’
- Western Union has partnered with HCLTech to employ AI solutions and transition to a platform operating model.
- The collaboration aims to enhance platform and channel capabilities, deliver innovative customer experiences, and transform enterprise-wide infrastructure.
- As part of the partnership, Western Union will open an advanced technology center in Hyderabad, India.
- This strategic partnership will empower FinTech companies through digital engineering-led transformation.
Read Full Article
20 Likes
Pymnts
1w
317
Image Credit: Pymnts
Bowman’s Past Remarks Signal Likely Bank Supervision Priorities at the Fed
- Federal Reserve Governor Michelle Bowman's comments and priorities offer insight into the future of banking regulation.
- Bowman advocates for regulatory tailoring and a shift from excessive regulatory proposals.
- She emphasizes the need for a more transparent process and a streamlined banking application process.
- Bowman highlights the importance of integrating innovation and revising regulatory frameworks.
Read Full Article
19 Likes
Silicon
1w
112
Image Credit: Silicon
Ex-Cruise Chief Vogt Raises $150m For Robotics Start-Up
- Former Cruise chief executive Kyle Vogt has raised $150 million in a funding round for his robotics start-up The Bot Company, valuing the company at $2 billion.
- The funding round, led by Greenoaks, indicates investors' and companies' belief in the potential of large language models (LLMs) to reshape robots and enable them to understand complex human-language instructions.
- The Bot Company, which has no customers, products or revenue yet, plans to develop a non-humanoid robot equipped with grips for household tasks.
- Venture capitalists invested around $6.1 billion in robotics in 2023, a 19% increase from the previous year, as part of the broader investment trend in AI.
Read Full Article
6 Likes
For uninterrupted reading, download the app