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Jun 10 2024
News
Apple's WWDC to be AI turning point for tech giant
Apple is set to hold its annual Worldwide Developers Conference (WWDC) this week with analysts eagerly anticipating announcements related to the artificial intelligence (AI) initiatives that have to date been lower profile than the tech giant's rivals. The WWDC festivities begin Monday in Cupertino, California, with a keynote address revealing the latest Apple software and technologies at 10:
Fox BusinessJun 06 2024
News
Fort Dodge has presence at giant tech gathering
The Fort Dodge region is an ideal place for biotech innovators to begin turning their ideas into products, according to a local economic development leader. “We are so well positioned to grow and become a place where biotech can find a home,” said Jefferson Fosbender, the economic development director of the Greater Fort Dodge Growth Alliance. That was the message he promoted this week during
The Messenger (Iowa)Jun 10 2024
News
FTC’s Holyoak Urges Study of Online Censorship by Tech Giants
The Federal Trade Commission should study how the largest US technology platforms and financial institutions control content, Republican Commissioner Melissa Holyoak said, renewing a Trump-era proposal targeting companies that control “access to the digital commons.”
In her first public appearance since joining the antitrust and consumer protection agency in March, Holyoak called on the
BloombergJun 10 2024
News
Congress puts Microsoft under a microscope, examines tech giant’s hold on government systems
The U.S. government’s increasing reliance on Microsoft is facing fresh scrutiny on Capitol Hill despite the Biden administration touting its private sector collaborations as key to its cyber and tech innovation policies. Microsoft President Brad Smith is headed to Capitol Hill on Thursday to answer for his company’s struggles to defend the federal government from cyber attacks. The House
Washington TimesMay 30 2024
News
Tech giants form AI group to counter Nvidia with new interconnect standard
On Thursday, several major tech companies, including Google, Intel, Microsoft, Meta, AMD, Hewlett Packard Enterprise, Cisco, and Broadcom, announced the formation of the Ultra Accelerator Link (UALink) Promoter Group to develop a new interconnect standard for AI accelerator chips in data centers. The group aims to create an alternative to Nvidia's proprietary NVLink interconnect technology,
Ars TechnicaMay 17 2024
News
Big Tech is pouring billions into London AI investments—but the U.K. risks becoming a sidekick to U.S. tech giants
Microsoft’s plan to open a new AI hub in London is a huge endorsement for the U.K. as a world leader in AI. But I do question whether it is wholly good news for the long-term. The U.K. has shown time and again that some of the very best AI expertise in the world lies here. The pool of talent we have available in this country, the standard of research and development present in our academic
FortuneMay 24 2024
News
Israel's state-owned defense giant brings high-tech war plans to Washington
As the war between Israel and the Palestinian Hamas movement continues to play out in the Gaza Strip, Israel Aerospace Industries (IAI) is a driving force behind the weapons systems being put to the test in one of the longest and widest-ranging conflicts the nation has ever fought. Now, with Israel's largest state-run defense company having inaugurated a new visitors center in Washington, D.C
NewsweekMay 30 2024
News
Tech giants form an industry group to help develop next-gen AI chip components
Intel, Google, Microsoft, Meta and other tech heavyweights are establishing a new industry group, the Ultra Accelerator Link (UALink) Promoter Group, to guide the development of the components that link together AI accelerator chips in data centers. Announced Thursday, the UALink Promoter Group — which also counts AMD (but not Arm), Hewlett Packard Enterprise, Broadcom and Cisco among its
TechCrunchJun 04 2024
News
Google and Microsoft are laying off hundreds from their Cloud units as the tech giants go all in on AI
Microsoft and Google are slashing jobs from their otherwise very successful Cloud divisions as the companies shift gears to focus on AI. Microsoft is cutting “hundreds” of roles from its Azure division’s Strategic Missions & Technologies team, a group that was formed to focus on cutting edge technologies such as quantum computing and space engineering, Insider reported June 3, citing
QuartzApr 30 2024
News
Chinese Tech Giant Huawei Posts Fivefold Rise In Q1 Profits
Tech giant Huawei's profits surged by over five times year-on-year in the first quarter of 2024, a company filing showed Tuesday, as the firm continues a rebound and bit into competitor Apple's sales in China.
Net profit in the January-March period amounted to $2.7 billion, up 564 percent from the first quarter of last year, according to a results filing by Huawei's holding company on
Barron's