iab-artificial intelligence

Microsoft, Google post strong quarterly sales growth as Big Tech continues its comeback

25Oct

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Technology

Microsoft, Google post strong quarterly sales growth as Big Tech continues its comeback

New York CNN — Big tech companies are continuing a turnaround from last year, as Alphabet, Microsoft and Snap kicked off earnings season with strong sales results for the quarter ended in September. Google parent company Alphabet on Tuesday reported quarterly sales of $76.69 billion, up 11% from the same period in the prior year. The company also posted profits of $19.69 billion for the quarter. Meanwhile, Microsoft posted 13% year-on-year sales growth to $56.5 billion, also beating expectations. Microsoft’s quarterly profits hit $22.3 billion, up 27% from the year-ago period. Snapchat parent Snap on Tuesday reported a return to sales growth in the September quarter, after two consecut...

Adobe previews new AI and 3D editing tools- including an animated dress- at Max event

21Oct

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Technology

Adobe previews new AI and 3D editing tools- including an animated dress- at Max event

New York CNN — Photo-editing software maker Adobe unveiled a slew of new AI-powered tools and features last week at its annual Max event, including a dress that transforms into a wearable screen and streamlined ways to delete elements from photos. The company previewed a series of prototype tools that make use of both generative AI and 3D image technology in the Adobe MAX Sneaks showcase. Covering photo, audio, video, 3D, fashion and design, the new capabilities are meant to give the public a sneak peak into early-stage ideas that might one day become widely used components of Adobe products. A highlight of the event was Adobe’s Project Primrose, an inte...

Taiwan’s Foxconn to build ‘AI factories’ with Nvidia

20Oct

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Technology

Taiwan’s Foxconn to build ‘AI factories’ with Nvidia

Taipei CNN — Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up efforts to become a major global player in electric car manufacturing. Foxconn Chairman Young Liu and Nvidia CEO Jensen Huang jointly announced the plans on Wednesday in Taipei. The duo said the new facilities using Nvidia’s chips and software will enable Foxconn to better utilize AI in its electric vehicles (EV). “We are at the beginning of a new computing revolution,” Huang said. “This is the beginning of a brand new way of doing software — using computers to write software that no humans can.” Large compu...

AI chip exports: US escalates tech battle by cutting China off from more semiconductors

18Oct

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Technology

AI chip exports: US escalates tech battle by cutting China off from more semiconductors

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong/Washington CNN — The Biden administration is reducing the types of semiconductors that American companies will be able to sell to China, citing the desire to close loopholes in existing regulations announced last year. On Tuesday, the US Commerce Department unveiled new rules that further tighten a sweeping set of export controls first introduced in October 2022. The updated rules “will increase effectiveness of our controls and further shut off pathways to evade our restrictions,” US Commerce Secretary Gina Raimondo said in a st...

Baidu says its AI is in the same league as GPT-4

17Oct

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Technology

Baidu says its AI is in the same league as GPT-4

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Chinese tech giant Baidu is officially taking on GPT-4. On Tuesday, the company unveiled ERNIE 4.0, the newest version of its artificial intelligence chatbot that it directly compared to the latest iteration of OpenAI’s ChatGPT. The new ERNIE Bot “is not inferior in any aspect to GPT-4,” Baidu’s billionaire CEO, Robin Li, told an audience at its annual flagship event. Speaking onstage, Li showed how the bot could generate a commercial for a car within minutes, solve complicated math problems and create a plot f...

17Oct

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Technology

New York City unveils | CNN Business

CNN — The same New York City administration to launch a “Rat Action Plan” is back with an “Artificial Intelligence Action Plan.” Mayor Eric Adams on Monday unveiled a citywide AI “action plan” that pledged – in broad-brushstrokes – to evaluate AI tools and associated risks, boost AI skills among city employees and support “the responsible implementation of these technologies to improve quality of life for New Yorkers,” according to a statement from the mayor’s office. The city’s 51-page AI action plan establishes a series of steps the city will take in the coming years to help better understand and responsibly implement the technology that has taken the tech sector and broader business world by st...

Microsoft to widely offer an AI feature into outlook that can write emails for you

15Oct

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Technology

Microsoft to widely offer an AI feature into outlook that can write emails for you

New York CNN — Artificial intelligence could soon be writing more company emails in Microsoft Outlook, as the company expands its rollout of AI tools for corporate users. The Microsoft 365 Copilot tool – “your everyday AI companion,” as the company bills it – will help users write their emails to “keep your sentences concise and error-free.” The tool also summarizes long email threads to quickly draft suggested replies. Users with Microsoft 365 Personal or Family subscriptions will get more advanced AI help through Microsoft Editor, an intelligent writing assistant. The update will include suggested edits for “clarity, conciseness, inclusive language and more” to help workers create more “polished a...

Pixel 8: Google unveils new phones built for ‘the generative AI era’

6Oct

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Technology

Pixel 8: Google unveils new phones built for ‘the generative AI era’

CNN — There’s nothing particularly new about Google’s latest-generation Pixel 8 smartphone hardware. That’s why the company is pushing hard to tout its AI-powered new software, which Google says was built specifically for the “first phone of the generative AI era.” At a press event in New York City, Google (GOOG) showed off the new Pixel 8 and Pixel 8 Pro devices, which largely look the same as the year prior, albeit with more rounded edges. But inside, its new G3 Tensor chip unlocks an AI-powered world aimed at simplifying your life, from asking the device to summarize news articles and websites to using Google (GOOG) Assistant to field phone calls and ...

SoftBank CEO says artificial general intelligence will come within 10 years

4Oct

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Technology

SoftBank CEO says artificial general intelligence will come within 10 years

Tokyo Reuters — SoftBank CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all areas, will be realized within 10 years. Speaking at the SoftBank World corporate conference, Son said he believes AGI will be ten times more intelligent than the sum total of all human intelligence. He noted the rapid progress in generative AI that he said has already exceeded human intelligence in certain areas. “It is wrong to say that AI cannot be smarter than humans as it is created by humans,” he said. “AI is now self learning, self training, and self inferencing, just like human beings.” Son has spoken of the po...

Antitrust Trial: Microsoft CEO warns of impact of Google’s search monopoly on AI

3Oct

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Technology

Antitrust Trial: Microsoft CEO warns of impact of Google’s search monopoly on AI

CNN — Microsoft CEO Satya Nadella warned on Monday of a “nightmare” scenario for the internet if Google’s dominance in online search is allowed to continue, a situation, he said, that starts with searches on desktop and mobile but extends to the emerging battleground of artificial intelligence. Nadella testified on Monday as part of the US government’s sweeping antitrust trial against Google, now into its 14th day. He is the most senior tech executive yet to testify during the trial that focuses on the power of Google as the default search engine on mobile devices and browsers around the globe. Taking the stand in a charcoal suit and tie, Nadella painted Google as a technology giant that has block...