During an earnings call for the third quarter of 2024, Alphabet CEO Sundar Pichai said the company would make its Gemini artificial intelligence (AI) model available to developers. The company reported a 15% increase in revenue for the quarter, reaching $88.3bn. Google Cloud posted a 35% revenue increase to $11.4bn, led by accelerated growth in…
Alphabet results reveal extent of AI-powered programming Read More »
Workforce reductions are mounting across the tech sector globally as firms attempt to free up more resources for their artificial intelligence (AI) deployments. According to tracking website Layoffs.fyi, tech companies laid off more than 165,000 people in 2022 and 264,000 people in 2023, with the latest data showing that 410 tech firms have laid off…
Tech sector layoffs mount amid AI investment frenzy Read More »
The Competition and Markets Authority (CMA) has begun looking at whether it should investigate Amazon’s partnership with Anthropic under the merger provisions of the Enterprise Act 2002. The CMA is already looking at Anthropic’s partnership with Google owner Alphabet, as well as Microsoft’s partnership with Inflection. In October 2023, Alphabet invested $2bn in OpenAI rival…
UK competition regulator looks into Amazon’s Anthropic funding Read More »
The United States District Court for the District of Columbia has ruled against Google in the anti-trust lawsuit filed by the US Department of Justice (DOJ) and a number of US states. The court concluded that Google had violated Section 2 of the Sherman Act by maintaining its monopoly in general search services and general text advertising…
Court document reveals Google’s strategy to dodge Department of Justice Read More »
The Competition and Markets Authority (CMA) is looking into whether Alphabet’s partnership with Anthropic is anti-competitive. There appears to be an arms race going on in the tech sector for artificial intelligence (AI) talent and capabilities, which is leading the UK regulator to consider whether partnerships between major tech firms and AI startups are healthy…
UK competition watchdog scrutinises Alphabet and Anthropic tie-up Read More »
Apple has agreed to comply with a set of voluntary safeguards for AI created by President Joe Biden’s administration. As Bloomberg reported, this guideline aims to help the better development of this technology while protecting consumers.Cupertino joins OpenAI, Amazon, Alphabet, Meta, Microsoft, and others in committing to testing their AI systems to protect Americans’ privacy,…
Apple says it will follow the Biden administration’s AI safety guidelines Read More »
Thanks to the success of the burgeoning market for AI accelerators, NVIDIA has been on a tear this year. And the only place that’s even more apparent than the company’s rapidly growing revenues is in the company’s stock price and market capitalization. After breaking into the top 5 most valuable companies only earlier this year,…
NVIDIA Closes Above $135, Becomes World’s Most Valuable Company Read More »
On 6 January 2020, when Ciaran Martin announced he was stepping down from the National Cyber Security Centre (NCSC) later in the year, he had no way of knowing the UK was on the brink of the biggest public health crisis in a century, and that the NCSC’s energies were shortly to be diverted to…
The Security Interviews: What is the real cyber threat from China? Read More »
In recent years, Nvidia has found a huge amount of success with its pivot to AI, as large language models and GPU-accelerated “premium AI PC” experiences appear to be the hot new thing in 2024. However, newer, smaller companies are vying for its market share, and they are not the ones you may be expecting.…
