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Showing posts with the label TECH_INDUSTRY

Meta will release Llama 3 LLM to compete with GPT-4

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Meta has confirmed that it is releasing its new open-source large language model (LLM) within the next month, according to reports. TechCrunch reported that at an event in London on Tuesday (March 10), Meta’s president of global affairs, Nick Clegg, said, “Within the next month, actually less, hopefully in a very short period of time, we hope to start rolling out our new suite of next-generation foundation models, Llama 3. “There will be a number of different models with different capabilities, different versatilities during the course of this year, starting really very soon,” he added. The Information originally claimed that a smalle...... Read Full article on HadNews

T-Mobile parent company wants to create an AI phone with no apps

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An app-free smartphone is the future goal of Deutsche Telekom which is championing a first-ever artificial intelligence (AI) phone concept together with Qualcomm Technologies, Inc. and Brain.ai. Announced via a press release on the Telekom website last Thursday (Feb. 15), the idea involves: ‘An assistant based on artificial intelligence replac(ing) the countless apps on the smartphone. Like a concierge, the assistant understands your goals and takes care of the details.’ An app-free smartphone design is being created where the AI can predict and generate the next interface contextually, based on the user’s flowing thoughts. The AI will...... Read Full article on HadNews

Microsoft, eBay, PayPal among tech giants 34,000 job cuts due to AI

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Since the start of this year, Microsoft, eBay and PayPal have axed thousands of jobs in a pivot to artificial intelligence as companies revise their resources. As reported by the Financial Times, tech companies have cut around 34,000 jobs in a matter of weeks as the focus turns to generative AI. In addition to the heavyweight names mentioned above, Snap has also shed a significant number of roles as part of an industry-wide cut of 138 firms that have let staff go. These figures are significant but not quite at the same level as one year previous when Microsoft, Meta, and Amazon culled their numbers. Layoffs.fyi — indicated 263,000 role...... Read Full article on HadNews

The first users of Microsoft's Copilot AI bot ask if it’s worth the money

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AI assistants manage emails, meetings, and other tasks. Still, some people are dubious about them because of their high cost and restricted application, and the Microsoft AI bot is no exception. The Copilot AI assistant is selling well so far, but the testers who have had it for more than six months say one thing: “It is useful but often doesn’t live up to its price.” The price? $30 per person per month. With Copilot for Microsoft 365, an AI update that integrates with Word, Outlook, and Teams, it would give Microsoft one of its most significant successes in decades. Using natural language cues, it can create documents, generate text, ...... Read Full article on HadNews