China’s craze over generative artificial intelligence has triggered a flurry of product announcements from startups and tech giants on an almost daily basis, but investors are warning a shakeout is imminent as cost and profit pressures grow. The buzz in China, first ignited by the success of OpenAI’s ChatGPT almost Read more…
MGM Resorts brought to an end a 10-day computer shutdown prompted by efforts to shield from a cyberattack data including hotel reservations and credit card processing, the casino giant said Wednesday, as analysts and academics measured the effects of the event. “We are pleased that all of our hotels and Read more…
Google is being sued by a widow who says her husband drowned in September 2022 after Google Maps directed him over a collapsed bridge in Hickory, North Carolina. Google failed to correct its map service despite warnings about the broken bridge two years before the accident, according to the lawsuit Read more…
Cisco agreed to buy Splunk in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis. Cisco will pay $157 a share in cash, the companies said in a statement Thursday, or a 31% premium to Splunk’s Read more…
At its fall hardware event Wednesday, Amazon revealed an all-new Alexa voice assistant powered by its new Alexa large language model. According to Dave Limp, Amazon’s current SVP of devices and services, this new Alexa can understand conversational phrases and respond appropriately, interpret context more effectively, and complete multiple requests Read more…
A few months after getting FDA approval for human trials, Neuralink is looking for its first test subjects. The six-year initial trial, which the Elon Musk-owned company is calling “the PRIME Study,” is intended to test Neuralink tech designed to help those with paralysis control devices. The company is looking Read more…
The majority of U.S. adults don’t believe the benefits of artificial intelligence outweigh the risks, according to a new Mitre-Harris Poll released Tuesday. From a report: 54% of the 2,063 adults in a Mitre-Harris Poll survey in July said they were more concerned about the risks of AI than they Read more…