Dive into the tech & future
Meta Platforms introduced a research tool for building artificial intelligence-based chatbots and other products, seeking to create a buzz for its own technology in a field lately focused on internet rivals Google and Microsoft. The tool, LLaMA, is Meta‘s latest entry in the realm of large language models, which “have shown a lot of promise in … Read more
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson‘s move would be the largest layoff to hit … Read more
Alphabet’s Google is rolling out tests that block access to news content for some Canadian users, the company confirmed on Wednesday, in what it says is a test run of a potential response to the government’s online news bill. The “Online News Act,” or House of Commons bill C-18, introduced in April by Justin Trudeau’s … Read more
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak … Read more
As Alphabet looks past a chatbot flub that helped erase $100 billion (roughly Rs. 8,29,000 crore) from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting … Read more
Amazon Web Services (AWS), the cloud computing arm of Amazon.com, on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to make it easier to carry out artificial intelligence work (AI) in Amazon’s cloud. While new generative AI services like chat-based search engines from Microsoft and Alphabet‘s Google have captured the public’s … Read more
YouTube Chief Executive Officer Susan Wojcicki will be stepping down after nine years at the helm of the world’s largest online video platform, she said in a blog post on Thursday. YouTube’s chief product officer, Neal Mohan, will be the new head of YouTube, she said. Wojcicki, 54, said she will focus on “family, health, … Read more
The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs). In a statement, the RBI said while the exercise of scrutiny of applications of PAs is an ongoing process, for … Read more
The boss of Google’s search engine warned against the pitfalls of artificial intelligence in chatbots in a newspaper interview published on Saturday, as Google parent company Alphabet battles to compete with blockbuster app ChatGPT. “This kind of artificial intelligence we’re talking about right now can sometimes lead to something we call hallucination,” Prabhakar Raghavan, senior … Read more
There’s a reason why Apple is under less pressure than tech peers to slash jobs during the current slowdown: It hired more efficiently in the first place. During the industry’s pandemic-fueled hiring binge, Apple added fewer employees than other big tech firms. On top of that, the company generated far more revenue per new hire … Read more