The aim is to roll out the next generation of AI breakthroughs and products across Google and Alphabet by merging the talents at Google Brain and DeepMind. As Alphabet (NASDAQ: GOOGL) intensifies its artificial intelligence (AI) effort, the company is merging its deep learning AI research team Google Brain with DeepMind. Although AI has been very popular recently, Alphabet has been exploring the industry for some time. The tech giant reportedly bought DeepMind for over $500 million in...
Read More »Huawei Replaces US-Sanctioned Software System with New In-House Service
Chinese tech giant Huawei announced the replacement of its software system as a victory over US sanctions. Huawei has launched an in-house software system to replace its one-time US-sourced internal software management systems. The Chinese multinational tech corporation announced today, almost four years after the US sanctioned it over alleged security concerns. In May 2019, the US Commerce Department included Huawei in a trade blacklist which ultimately hampered the company’s ability to...
Read More »Elon Musk Again Claims Tesla Will Launch Self-Driving Technology
In 2023, Tesla looks to launch a self-driving technology that could set the company on its way to achieving full driving autonomy. According to Tesla CEO Elon Musk, the leading EV maker could launch its fully self-driving technology in 2023. Musk added that Tesla’s projected autonomous driving tech would generate significant profits to counterbalance some of its margin pressure. The Texas-based electric vehicle manufacturer is currently bearing the brunt of aggressive price cuts on Tesla...
Read More »Jack Dorsey-backed Bluesky Is Now Available on Android via Invites Only
The Bluesky social media platform is hiring for software developers positions including React Native expert among others and supports full-time remote capabilities. Bluesky, a social internet marketplace backed by former Twitter Inc boss Jack Dorsey, is now available on Android gadgets. The startup has provided a waitlist for users to join or access the beta version of the decentralized social marketplace via invite. Having begun as a Twitter Inc. project before a spin-off in 2021, Bluesky...
Read More »Price Cuts: Tesla Drops Model 3 and Model Y Prices Again
The previous discounts have positively affected Tesla’s quarterly sales, with the automaker selling 422,875 cars EVs in Q1. Tesla Inc (NASDAQ: TSLA) has announced further price cuts for its Model 3 and Model Y electric vehicles. This is the second time within a month that the electric car maker is doing this. The price cut announcement precedes Tesla’s Q1 earnings report, which will be monitored closely by investors. Investors will observe how Tesla maintains its profit margins after...
Read More »Google Preps to Launch Its Most Expensive Smartphone Pixel Fold in June
The move will test Samsung’s long reign in the foldable phone business. Google is just a few weeks away from launching its first-ever foldable smartphone. According to a CNBC report, the move will likely kick-start a market rivalry with Samsung which has long enjoyed the benefits of being the market leader of the foldable phone business. While no official announcements have been made yet, the product is expected to be unveiled during Google’s annual developer conference on May 10....
Read More »ChatGPT Can Predict Stock Moves from News Headlines and Decode Fed Speak
The researchers also stated that ChatGPT could beat the commonly used models from Google, dubbed BERT along with the classifications based on dictionaries. OpenAI’s popular chatbot system ChatGPT hasn’t failed to surprise people across the world, and once again, it’s out to show its AI prowess. Earlier this month, two new papers have been published that deployed the AI chatbot in some market-relevant tasks. The first task involved deciphering whether the Fed’s comments are dovish or...
Read More »Elon Musk Announces Plans to Launch TruthGPT to Better Understand & Preserve Universe
Tesla’s Elon Musk touted TruthGPT as a “maximum truth-seeking” initiative that is “the best path to safety”. Elon Musk seeks to launch an artificial intelligence (AI) platform called TruthGPT to “understand the nature of the universe”. In an announcement during a media session yesterday, the Tesla CEO described the AI as a “maximum truth-seeking” initiative. Furthermore, Elon Musk also expects TruthGPT to rival the wildly popular chatbot ChatGPT in the emerging era of AI-enabled...
Read More »Volkswagen Introduces ID7, Next-Generation EV Built for Efficiency
The Volkswagen ID7 is not only appealing as a high-performance electric vehicle, but it is also one that is built to be largely affordable, compared to current market alternatives. German multinational vehicle maker, Volkswagen Group (ETR: VOW3) has introduced its latest car, the ID.7, billed as the first all-electric Volkswagen for the upper mid-size class. According to the description of the vehicle by the company, the ID7 is branded as the very first Volkswagen product that comes with a...
Read More »Lending Protocol Hundred Finance Loses $7M in Fresh DeFi Exploit
The hacker was able to withdraw more tokens than were initially deposited. There appears to be a rising case of DeFi exploits and multichain lending protocol Hundred Finance may be the latest victim. According to a recent announcement by the protocol, attackers found a loophole to successfully manipulate the exchange rate between ERC-20 tokens and hTOKENS. And as a result, the attacker has reportedly made away with no less than $7.4 million from the protocol. Meanwhile, it might be worth...
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