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Typeface Valued at $1B Following $100M Series B Funding from Salesforce, Microsoft, Google

The funding round conducted only a few months after its public launch puts Typeface in fierce competition with similar tools. Typeface, a generative artificial intelligence (AI) content creation platform for enterprises, announced it has concluded a Series B funding round. Typeface received $100 million in funding from a round led by Salesforce Ventures, the arm of Salesforce Inc (NYSE: CRM) that provides funding, support, and mentorship to startups. The round brings Typeface’s total...

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Google Says It Will Remove All News Links in Canada in Response to Online News Act

Google said the decision by Canada exposes the company to “uncapped financial liability”. Google (NASDAQ: GOOGL) is removing all Canada news links from its search due to a new Online News Act. The tech giant said it would block all Canadian news, meaning users will no longer find any report linked to the country on the search engine. The decision was in response to a new law that required tech companies to pay media outlets for content. Last week, the Canadian government’s controversial...

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Google Cloud Reveals ‘Productive Conversations’ with Authorities in EU on AI Regulation

The head of Google’s cloud division has said the company’s discussions with the EU will help create a “path forward” for AI development. Google is currently in productive talks with authorities in the European Union (EU) about artificial intelligence (AI) regulations. The company and EU regulators are having early discussions about designing safe AI technology. Google Cloud CEO Thomas Kurian told CNBC that the conversations are for the progress of the technology. Kurian also noted that the...

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Amazon Doubles Down on AI by Investing $100 Million

Amazon Web Services (AWS) – the cloud unit of the e-commerce giant – said it will distribute $100 million for a center to help entities employ generative artificial intelligence (AI).  Microsoft and Google – two other giant corporations – have made even bigger investments in AI.  AWS’ CEO Adam Selipsky revealed the plans in a recent interview for CNBC, showing that the company realizes the potential of the new technology: “You ask yourself the question — where are the...

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Singapore Ride-Hailing Giant Grab Plans First Massive Layoffs since Pandemic

Despite expressing positive revenue projections for 2023 and accelerating its profitability timeline in February, Grab is now planning a fresh round of layoffs. Grab Holdings, a Singapore-based ride-hailing and food delivery company, is gearing up for its largest round of layoffs since the pandemic, according to a report by Bloomberg on Tuesday. Sources familiar with the matter stated that the company would officially announce the planned job cuts this week, which is expected to surpass...

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Analyst Suggests Replacing FAANG with MATANA in Hierarchy of Stocks

Ray Wang, Constellation Research Principal Analyst, believes that due to market changes FAANG should be replaced with MATANA in stock ranking. In the ever-evolving tech world, the dominance of FAANG – Facebook Inc, now Meta Platforms Inc (NASDAQ: META), Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX), and Google alongside its parent company Alphabet Inc (NASDAQ: GOOGL) – has been unquestionable. However, as the sector evolves, some experts suggest that...

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Google-Suchanfragen für Bitcoin sind in den letzten Wochen um 11% gestiegen

Die Google-Suchanfragen für Bitcoin sind in den letzten Wochen um 11% gestiegen. Und gerade Google Trends kann auch gut und gerne für Analysen rund um den Bitcoin-Preis genutzt werden. Hier 5 Dinge, die man aus einem Tool wie Google Trends herauslesen kann: Beliebtheit von Suchbegriffen: Google Trends gibt Aufschluss über die Beliebtheit von Suchbegriffen im Zeitverlauf. Dies ermöglicht es uns, zu erkennen, welche Themen und Trends gerade besonders gefragt sind. Es hilft uns auch, saisonale...

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Foxconn Expects Growing AI Demand to Boost Its Server Business This Year

Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023.  Foxconn has forecasted significant growth in its artificial intelligence (AI) server business due to robust demand. On Wednesday, the company’s Chairman, Young Liu, said revenue generated from its AI businesses would more than double this year. Liu credited the popularity of generative AI applications like ChatGPT for stoking interest in the sector. At Foxconn’s...

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Google Cloud Launches Two New AI Solutions to Speed Up Drug Discovery & Precision Medicine

Google Cloud’s AI-enabled ‘Target and Lead Identification’ and ‘Multiomics’ Suites are set to improve drug discovery and precision medicine.  Google Cloud has launched two AI-powered solutions to speed up drug discovery and advance precision medicine for relevant companies. On Tuesday, the tech giant’s cloud computing suite said its newly-launched AI-powered tools would immensely help biotech and pharmaceutical companies. One of the tools, the Target and Lead Identification Suite, can...

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Google Launches New Tools for Identifying Fake AI Images

Google has unveiled two handy features for identifying, marking up, and labeling fake or misleading AI images.   Google (NASDAQ: GOOGL) is rolling out a tool that identifies fake artificial intelligence (AI) images generated via its search feature. Reports state that the company’s new feature would reduce the spread of misinformation by identifying misleading AI imagery. Google’s new image search tools prove handy since AI tools can now seamlessly create photo-realistic imitations....

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