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AI could kill off most call centres, says Tata Consultancy Services head: Chatbots will soon take over much of the work of human agents, forecasts chief of ...
ft.com/content/149681f0-ea71-42b0-b85b-86073354fb73
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Exclusive: Brev.dev joins forces with Akash Network to offer on-demand GPUs for AI developers
venturebeat.com/ai/exclusive-brev-dev-joins-forces-with-akash-network-to-offer-on-demand-gpus-for-ai-developers/
Tesla misses the mark on all fronts in quarter of chaos: Who cares that net profit slid 55%? Not Wall Street
theregister.com/2024/04/24/tesla_q1_2024/
In the face of bans, ByteDance tightens grip over US TikTok operations: Relationship between TikTok, ByteDance deepens as tensions over the app’s ownership ...
ft.com/content/0e040c03-e979-4acd-a6aa-6298301dcc42
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Unleashing Generative AI: Transforming Business with Real-World Applications – The AI Impact Tour
impact.venturebeat.com/ai-impact-tour/responsible-ai-in-healthcare-emerging-hipaa-compliant-strategies-and-technologies/
Quick Glance: OpenAI and Meta Prepare New AI Models Capable of 'Reasoning'
- OpenAI and Meta are on the verge of releasing new artificial intelligence models that are said to be capable of reasoning and planning.
- These upgrades are part of a wave of new large language models being released this year.
- Reasoning and planning are key steps towards achieving 'artificial general intelligence', allowing chatbots and virtual assistants to complete sequences of related tasks.
Synthesia takes next leap in AI video with ‘expressive avatars’: Synthesia says healthcare companies could use the new technology to create more empathetic ...
venturebeat.com/ai/synthesia-takes-next-leap-in-ai-video-with-expressive-avatars/
Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids: Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago ...
techcrunch.com/2024/04/23/tesla-profits-drop-55-company-says-ev-sales-under-pressure-from-hybrids/
Nvidia CEO Jensen Huang personally delivers first DGX H200 to OpenAI: Nvidia CEO Jensen Huang personally delivers the groundbreaking DGX H200 AI processor to ...
venturebeat.com/ai/nvidia-ceo-jensen-huang-personally-delivers-first-dgx-h200-to-openai/
Snowflake launches Arctic, an open ‘mixture-of-experts’ LLM to take on DBRX, Llama 3
venturebeat.com/data-infrastructure/snowflake-launches-arctic-an-open-mixture-of-experts-llm-to-take-on-dbrx-llama-3/
Exclusive: Visa’s CIO shares insights on generative AI’s transformative potential in payments industry
venturebeat.com/ai/exclusive-visas-cio-shares-insights-on-generative-ais-transformative-potential-in-payments-industry/
Adobe launches Firefly 3 with full AI image generation in Photoshop: Adobe is putting the image generation capabilities of its newly unveiled Firefly Image 3 AI ...
venturebeat.com/ai/adobe-launches-firefly-3-with-full-ai-image-generation-in-photoshop/
TikTok reward-to-watch feature suspended after EU threats to block it: Service suspended in France and Spain amid safety and addiction concerns among children ...
theguardian.com/technology/2024/apr/24/tiktok-reward-to-watch-feature-suspended-after-eu-threats-to-block-it
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Scott Farquhar to resign as joint CEO of Atlassian: Co-founder leaving ‘to spend more time with his young family, improve the world via philanthropy ...
theguardian.com/technology/2024/apr/26/scott-farquhar-to-resign-as-joint-ceo-of-atlassian
Quick Glance: Atlassian CEO Resignation Influences Customer Migration to Cloud
- Atlassian co-founder and co-CEO Scott Farquhar will step down in August, leaving Mike Cannon-Brookes alone at the helm of the Australian company.
- Farquhar will remain on the board and serve as a special advisor to the company.
- The migration from Server products to the cloud has led to an increase in revenues for Datacenter products, despite Atlassian offering its most sophisticated services in the cloud.
- Atlassian may be considering a change in pricing strategies, such as usage-based charging, instead of the current seat-based fees.
Microsoft Phi-3: Tiny language model, huge implications for enterprise AI adoption
venturebeat.com/ai/microsoft-phi-3-tiny-language-model-huge-implications-for-enterprise-ai-adoption/
Salesforce Einstein Copilot brings new reasoning and actions to enterprise generative AI
venturebeat.com/ai/salesforce-einstein-copilot-brings-new-reasoning-and-actions-to-enterprise-generative-ai/
Adaptimmune: Huge Opportunity Amid Their Setback With Genentech: Adaptimmune is presenting at ASCO, potentially providing updates on their drug development ...
seekingalpha.com/article/4686684-adaptimmune-huge-opportunity-amid-their-setback-with-genentech
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Perplexity hits unicorn status with $63M investment, launches secure AI enterprise search
venturebeat.com/ai/perplexity-hits-unicorn-status-with-63m-investment-launches-secure-ai-enterprise-search/
Cohere releases toolkit to accelerate generative AI app development in the enterprise
venturebeat.com/ai/cohere-releases-toolkit-to-accelerate-generative-ai-app-development-in-the-enterprise/
More than half of US has tried generative AI according to Adobe Analytics: 41% of Americans now expect brands to use gen AI to enhance customer service ...
venturebeat.com/ai/more-than-half-of-us-has-tried-generative-ai-according-to-adobe-analytics/
OpenAI shrugs off Meta’s Llama 3 ascent with new enterprise AI features: OpenAI, is shrugging off the rise of nearly equally powered open source rivals by ...
venturebeat.com/ai/openai-shrugs-off-metas-llama-3-ascent-with-new-enterprise-ai-features/
AutoAlign spins off from Armilla, launches AI security platform ‘Sidecar’: AutoAlign, an AI security solutions provider, spins off from Armilla ...
venturebeat.com/security/autoalign-spins-off-from-armilla-launches-ai-security-platform-sidecar/
Tesla earnings week spotlights price cuts, Elon’s ‘balls to the wall’ autonomy push
techcrunch.com/2024/04/22/tesla-earnings-week-spotlights-price-cuts-elons-balls-to-the-wall-autonomy-push/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
General Motors to shut manufacturing operations in Colombia, Ecuador -statement: U.S. car maker General Motors will close its manufacturing operations in ...
reuters.com/business/autos-transportation/general-motors-shut-manufacturing-operations-colombia-ecuador-statement-2024-04-26/
William Shatner faces backlash for using AI art cover on new music album: He may not be playing Captain Kirk anymore, but Shatner clearly retains some of Kirk's ...
venturebeat.com/ai/william-shatner-faces-backlash-for-using-ai-art-cover-on-new-music-album/
Yoneda Labs raises $4M from Khosla Ventures to build the ‘OpenAI for chemistry’: Yoneda Labs raised $4 million from Khosla Ventures to build a foundation model ...
venturebeat.com/ai/yoneda-labs-raises-4m-from-khosla-ventures-to-build-the-openai-for-chemistry/
Apple releases OpenELM: small, open source AI models designed to run on-device: In terms of performance, the OpenLLM results shared by Apple show that the new ...
venturebeat.com/ai/apple-releases-openelm-small-open-source-ai-models-designed-to-run-on-device/
Trump called this visa 'very bad.' Truth Social applied for one: The social media company founded by former President Donald Trump applied for a business visa ...
apnews.com/article/trump-truth-social-business-visa-h1b-51c5a41faff696709a2d2cc6ec4e2695
Mabl launches an AI-powered low-code mobile app testing service: Mabl unveils a testing service that uses AI and requires little coding knowledge to help ensure ...
venturebeat.com/ai/mabl-launches-an-ai-powered-low-code-mobile-app-testing-service/
Salesforce bolsters Slack AI with smart recaps, more languages: Salesforce plans to use more Slack data to power AI-driven features, including the generation of ...
venturebeat.com/ai/salesforce-bolsters-slack-ai-with-smart-recaps-more-languages/
VinFast chief plans to invest $1 billion more from his fortune in EV maker: Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest $1 ...
reuters.com/markets/asia/vinfast-chief-planning-invest-another-1-billion-his-fortune-ev-maker-2024-04-25/
Power-hungry AI is putting the hurt on global electricity supply: Data centers are becoming a bottleneck for AI development.
ft.com/content/b7570359-f809-49ce-8cd5-9166d36a057b
Quick Glance: Growing Demand for AI Threatens Global Power Supply
- Tech experts concerned about crucial role of energy supply in AI development.
- The increasing need for electricity poses a challenge for advancements in artificial intelligence.
- Global data centers are expected to require more capacity by 2030 than currently available.
- Concerns about environmental impact of technology boom heightened by data centers' energy consumption.
EnerSys: Softer Momentum, But Clarity On Taxes: EnerSys has seen mixed signs since last summer, with tax credits increasing but organic business performance ...
seekingalpha.com/article/4685226-enersys-softer-momentum-but-clarity-on-taxes
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Fintech Fundid was shut down over interest rates and a strained cap table: To keep going, Fundid “needed to put up a lot more collateral because of the changing ...
techcrunch.com/2024/04/23/fintech-fundid-shut-down-interest-rates/
Judge slashes $857 mln Monsanto verdict to $438 mln in PCBs case: A Washington state judge has nearly halved a $857 million verdict against Bayer’s Monsanto in a ...
reuters.com/legal/litigation/judge-slashes-857-mln-monsanto-verdict-438-mln-pcbs-case-2024-04-24/
OpenAI or DIY? Unveiling the true cost of self-hosting LLMs: At what point do OpenAI and open source break even? Should you DIY with LLMs? Let's break down the ...
venturebeat.com/ai/openai-or-diy-unveiling-the-true-cost-of-self-hosting-llms/
AI in a chainsaw? Stream Analyze launches in the U.S. to make ‘stupid’ devices smarter
venturebeat.com/ai/ai-in-a-chainsaw-stream-analyze-launches-in-the-u-s-to-make-stupid-devices-smarter/
GTC 2024: Highlights from our exclusive interviews with Microsoft, Dell, Deloitte and others
venturebeat.com/ai/gtc-2024-highlights-from-our-exclusive-interviews-with-microsoft-dell-deloitte-and-others/
Samsung shows off battery tech it says will see you gone in nine minutes: Might help to set spluttering EV market on fire. Won't catch fire thanks to built-in ...
theregister.com/2024/04/25/samsung_battery_twenty_years/
US FDA approves ImmunityBio's bladder cancer therapy: The U.S. health regulator approved on Monday ImmunityBio's combination therapy to treat a type of bladder ...
reuters.com/business/healthcare-pharmaceuticals/us-fda-approves-immunitybios-bladder-cancer-therapy-2024-04-22/
S&P slashes Boeing credit outlook as rating hovers above junk status: Boeing's credit rating was under pressure for the second time this week as S&P brought them ...
reuters.com/business/aerospace-defense/sp-revises-outlook-boeing-negative-2024-04-25/
Exclusive: Injury rates for Musk's SpaceX exceed industry average for second year
reuters.com/technology/injury-rates-musks-spacex-exceed-industry-average-second-year-2024-04-22/
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
Tesla shares drop on price cuts in run-up to earnings: Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street ...
reuters.com/business/autos-transportation/tesla-shares-drop-price-cuts-run-up-earnings-2024-04-22/
Meta releases Llama 3, claims it’s among the best open models available: Meta has released the latest entry in its Llama series of open generative AI models: ...
techcrunch.com/2024/04/18/meta-releases-llama-3-claims-its-among-the-best-open-models-available/
The telltale signs of AI-generated images, video and audio, according to experts: Experts say it’s still possible to detect AI-generated imagery ...
wivb.com/news/telltale-signs-ai-generated-images-video-and-audio-according-to-experts/
Quick Glance: Uncovering the World of AI-Generated Media
- The proliferation of AI-generated images and text is a growing concern on the internet, impacting users more than they realize.
- Experts caution about the impact of synthetic media on decision-making processes and society.
- Despite the potential for beneficial applications of generative AI, the lack of oversight necessitates consumers to verify content authenticity.
- There are techniques to detect fake images and videos, such as identifying details like flawed hand positions, inconsistent eye reflections, and incoherent backgrounds.
Elon Musk says Tesla will solve self-driving cars — even if he gets 'kidnapped by aliens tomorrow'
qz.com/tesla-elon-musk-robotaxi-alien-optimus-robots-1851431396
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Dataminr debuts ReGenAI pairing predictive with generative AI for real time information
venturebeat.com/ai/dataminr-debuts-regenai-pairing-predictive-with-generative-ai-for-real-time-information/
Clazar raises $10M Series A to modernize SaaS sales across cloud marketplaces: Clazar raises $10 million Series A to automate SaaS sales on AWS, Azure ...
venturebeat.com/ai/clazar-raises-10m-series-a-to-modernize-saas-sales-across-cloud-marketplaces/
Parisians struggle to cash in on Olympic Games rentals: A glut of apartments available in the French capital this summer is pushing down prices
ft.com/content/e8493911-7f29-4119-9cf8-6bafad313075
HubSpot unveils Intercom-like updates to its Service Hub and other AI tools for SMBs
venturebeat.com/ai/hubspot-unveils-intercom-like-updates-to-its-service-hub-and-other-ai-tools-for-smbs/
The House votes for possible TikTok ban in the US, but don’t expect the app to go away anytime soon
orlandosentinel.com/2024/04/20/the-house-votes-for-possible-tiktok-ban-in-the-us-but-dont-expect-the-app-to-go-away-anytime-soon/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
From boom to burst, the AI bubble is only heading in one direction : No one should be surprised that artificial intelligence is following a well-worn and ...
theguardian.com/commentisfree/2024/apr/13/from-boom-to-burst-the-ai-bubble-is-only-heading-in-one-direction
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Why LLMs are predicting the future of compliance and risk management: Companies leading the race to integrate LLMs into compliance and risk management are using ...
venturebeat.com/security/why-llms-are-predicting-the-future-of-compliance-and-risk-management/
Poe introduces multi-bot chat and plans enterprise tier to dominate AI chatbot market
venturebeat.com/ai/poe-introduces-multi-bot-chat-and-plans-enterprise-tier-to-dominate-ai-chatbot-market/
The desktop processor market is suddenly hot again: Just when you think the market is settled, new challengers appear for Wintel.
computerworld.com/article/2086948/desktop-processor-market-suddenly-hot-again.html
The House Votes for Possible TikTok Ban in the U.S. Here’s What That Means: The House passed legislation that would ban TikTok in the U.S. if the platform's ...
time.com/6969432/house-votes-possible-tiktok-ban-in-united-states/
ChatGPT essay cheats are a menace to us all : Students who outsource their thinking to AI tools pose a risk to future employers and more
ft.com/content/cde75f58-20b9-460c-89fb-e64fe06e24b9
Medical Properties Trust Takes A Chunk Out Of Its Debt With Newest Asset Sales: Medical Properties Trust shares surge as company announces a major debt reduction ...
seekingalpha.com/article/4683636-medical-properties-takes-chunk-out-of-debt-newest-asset-sales
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Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%: Two high-profile executives have departed Tesla the same day that the electric automaker ...
techcrunch.com/2024/04/15/tesla-layoffs-workers-sales-cybertruck-cuts/
Tesla layoffs hit high performers, some departments slashed, sources say: Tesla management told employees Monday that the recent layoffs — which gutted some ...
techcrunch.com/2024/04/15/tesla-layoffs-hit-high-performers-slashes-some-departments-sources-say/
Zoom offers AI-based updates to its Workplace collaboration space: The company's Workplace collaboration space gets several user interface upgrades over its ...
computerworld.com/article/2093454/zoom-launches-workplace-an-ai-enabled-collaboration-space.html
Trump's lawyers grill ex-tabloid publisher Pecker as 1st week of hush money testimony nears close
pbs.org/newshour/politics/trumps-lawyers-grill-ex-tabloid-publisher-pecker-as-1st-week-of-hush-money-testimony-nears-close
Trump Media announced a live TV streaming platform — and the stock tumbled 14%: Truth Social will offer content "that has been canceled, is at risk of ...
qz.com/trump-media-stock-truth-social-tv-live-streaming-1851413123
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
$10 Billion Productivity Startup Notion Wants To Build Your AI Everything App: Notion cofounder Ivan Zhao captivated Silicon Valley investors and everyday ...
forbes.com/sites/kenrickcai/2024/04/11/10-billion-productivity-startup-notion-wants-to-build-your-ai-everything-app/
AI2’s open-source OLMo model gets a more diversified dataset, two-stage curriculum
venturebeat.com/ai/ai2s-open-source-olmo-model-gets-a-more-diversified-dataset-two-stage-curriculum/
Adobe to add AI video generators Sora, Runway, Pika to Premiere Pro: Today, Adobe announced it aims to update Premiere Pro to add plug-ins to emerging ...
venturebeat.com/ai/adobe-to-add-ai-video-generators-sora-runway-pika-to-premiere-pro/
Ramp raises another $150 million co-led by Khosla, Founders Fund at a $7.65B valuation
techcrunch.com/2024/04/17/ramp-raises-another-150-million-co-led-by-khosla-founders-fund-at-a-7-65b-valuation/
Honeywell exec reveals plan to deliver $100 million in value with generative AI: “Just getting started”
venturebeat.com/ai/honeywell-exec-generative-ai-on-track-to-deliver-100-million-in-value-just-getting-started/
Google parent Alphabet announces first-ever dividend, shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck ...
reuters.com/technology/google-parent-alphabet-announces-first-ever-divided-20-cents-per-share-2024-04-25/
CISA in a flap as Chirp smart door locks can be trivially unlocked remotely: Hard-coded credentials last thing you want in home security app
theregister.com/2024/04/15/critical_vulnerability_chirp_lock/
Y Combinator alum Matterport is being bought by real estate juggernaut Costar at a 212% premium
techcrunch.com/2024/04/23/matterport-costar-deal/
Ever imagined wearing tech on your face, neck, or even feet? Join the conversation with MicroEJ's Semir Haddad in my newest 'Today in Tech' episode! @KeithShawTekGuy ... Show more
Elon Musk's Tesla reports earnings today after a brutal stretch. Here's what we're watching
qz.com/tesla-elon-musk-q1-earnings-evs-stock-sales-1851422376
Oracle doubles down on generative AI with new features to accelerate enterprise deal cycles
venturebeat.com/ai/oracle-doubles-down-on-generative-ai-with-new-features-to-accelerate-enterprise-deal-cycles/
Vietnam's VinFast's jump in EV deliveries drives Q1 revenues higher: Vietnamese electric vehicle-maker VinFast boosted vehicle deliveries in the first quarter ...
reuters.com/business/autos-transportation/vietnams-vinfast-posts-higher-q1-revenue-vehicle-deliveries-increase-2024-04-17/
Meghan Markle's New Podcast Is 'Struggling To Get Off The Starting Blocks': After her and Prince Harry parted ways with Spotify, Meghan Markle has inked a deal ...
elle.com/uk/life-and-culture/culture/a34976045/meghan-markle-prince-harry-podcast/
Unleashing Generative AI: Transforming Business with Real-World Applications – The AI Impact Tour
impact.venturebeat.com/ai-impact-tour/responsible-ai-in-healthcare-emerging-hipaa-compliant-strategies-and-technologies/
Why unlocking customer data is the key to reaping AI rewards: Companies wanting to fully capitalize on AI to build better customer interactions must first build ...
venturebeat.com/ai/why-unlocking-customer-data-is-the-key-to-reaping-ai-rewards/
Delivery Hero ups revenue guidance on rising orders, ad revenue: German online takeaway food company Delivery Hero on Thursday raised its revenue guidance for ...
reuters.com/business/retail-consumer/delivery-hero-ups-revenue-guidance-after-q1-beat-2024-04-25/
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