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Tag Archives: Technology News

Salesforce to Hire 3300 Workers After Initial Employee Layoffs

According to CEO, the company needs to employ “thousands” of people to maintain its growth potential and margins. Cloud-based software firm, Salesforce, is planning to boost its employee numbers by hiring 3,300 specialists. Chief Executive Marc Benioff revealed this while speaking to Bloomberg at the company’s annual Dreamforce conference. The announcement follows the company’s decision to lay off 10% of its employees in January. Amid an effort to increase profits, Salesforce cut about...

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Goldman Sachs Says Rally in AI Tech Stocks Is No Bubble

According to Goldman Sachs, the spike in AI stocks is here to stay, and reflects the beginning of a new tech wave, not a bubble. Global investment banking and financial services firm Goldman Sachs (NYSE: GS) has stated that the current explosion in artificial intelligence (AI) adoption is not a bubble. Despite worries that the spike in AI interest and related tech stocks might be weak, Goldman Sachs states that the popularity of these stocks is more of a revolution than a bubble. Some...

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OpenAI Expands Global Presence with New Office in Dublin

OpenAI’s decision to open an office in Dublin places it among the growing list of US tech companies establishing a presence in the Irish capital.  OpenAI, one of the world’s foremost leaders in Artificial Intelligence (AI) research, has announced the opening of a new office in Dublin, marking its third office worldwide. With its headquarters in San Francisco and a London office opened just a few months prior, OpenAI’s decision to set up shop in Dublin underscores the company’s commitment...

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Diesel Partners DressX for Exclusive NFT Fashion Collection

Diesel’s entry into the Meta Avatar Store aligns with the brand’s previous forays into the metaverse and its ventures into the world of NFTs. Diesel, the iconic Gen-Z fashion brand known for its edgy style, is stepping into the metaverse with a bang. In collaboration with digital fashion house DressX, the company is launching an exclusive collection on the Meta Avatars Store, adding its name to the roster of luxury brands available in the store. Meta Avatars Store is an online designer...

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California Lawmaker Introduces Bill 459 to Protect Actors and Artists from AI Exploitation

Kalra expressed deep concern about the unauthorized use of AI to create digital replicas of actors and artists. California legislator Ash Kalra has introduced Assembly Bill 459 (AB 459) with the primary aim of safeguarding actors, artists, and entertainers within the entertainment industry from potential artificial intelligence (AI) risks, particularly generative AI. The bill’s central objective is to mandate the inclusion of consent clauses in employment contracts within the entertainment...

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Alibaba Makes AI Model Tongyi Qianwen Open to Public

Alibaba’s development of AI offers significant benefits to the strength of the Chinese technology sector. By making Tongyi Qianwen accessible to the Chinese community, there is potential for widespread innovation if used correctly. Leading Chinese tech company Alibaba has made a significant announcement regarding the accessibility of its AI model Tongyi Qianwen to the public. This decision comes on the heels of what appears to be government approval from the Chinese authorities, allowing...

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X Rival Social Networking App Bluesky Now Has 1 Million Users

Although Bluesky crossed one million downloads a few months ago, not all users who downloaded the app had accounts as access is restricted. Social networking service Bluesky has now hit a million users. The app, which originally spun out of Twitter (now known as X), officially hit this milestone, according to a recent post. A strategy and operations personnel at Bluesky, Rose Wang made a post on X announcing the news. According to an image posted by Wang, Bluesky has 1,000,055 users....

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Top Tech Personalities Like Musk, Gates to Meet US Senators for AI Forum

This would be one of the biggest gatherings between US lawmakers and top tech personalities wherein they would be discussing the future of AI. Later today on Wednesday, September 13, more than 20 tech industry leaders are meeting behind closed doors with the US senators to look into how Congress can regulate artificial intelligence (AI). Top tech personalities such as Elon Musk, Mark Zuckerberg and Bill Gates are meeting. Expected attendees at the event include Senators Mike Rounds,...

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Arm Holdings AI Solution: Different Proposition from Nvidia

Arm’s processors are already playing a significant role in AI workloads, particularly in smartphones. As investors eagerly await the Initial Public Offering (IPO) from Arm Holdings Ltd, the semiconductor industry is basking in the glow of the Artificial Intelligence (AI) boom, exemplified by Nvidia Corp (NASDAQ: NVDA) which has printed a staggering 200% rally this year.  However, a recent report from CNBC highlighted that Arm’s proposition differs significantly from Nvidia’s in terms of...

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TikTok Officially Launches Its E-Commerce Shop in United States

To encourage collaboration, TikTok Shop has introduced an affiliate program, allowing sellers to partner with creators on a commission basis to promote their products. TikTok has launched its long-anticipated e-commerce platform, TikTok Shop, in the United States, marking a significant milestone in the evolution of online shopping. With a user base of over 150 million in the country, the move aims to revolutionize how Americans shop online. The popular social media platform launched the...

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