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Nvidia Looks to Expand AI Reign With New Chips, Personal Supercomputers
Nvidia’s CEO Jensen Huang address concerns that the cost of AI computing is spiraling out of control. At the event, Huang unveiled more powerful chips and related technology that he said would provide a clearer payoff to customers.
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HP to Acquire Parts of Humane, AI Pin Startup From Ex-Apple Managers, for $116 Million
Humane’s team, including founders Imran Chaudhri and Bethany Bongiorno, will form a new division at HP to help integrate artificial intelligence into the company’s personal computers, printers and connected conference rooms, said Tuan Tran, who leads HP’s AI initiatives.
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Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
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Microsoft Launches AI Agents, Deepening Rivalry With Salesforce
Microsoft has confirmed that it will roll out 10 “autonomous agents” to complete tasks on behalf of people in areas such as sales, customer support and accounting.
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Dell To Layoff Workers In Sales Team Reorganization With New AI-Focused Unit
Dell previously announced a major workforce reduction in early 2023, shedding 13,000 jobs in that fiscal year.
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Microsoft's Xbox Unit Logs 61 Percent Growth, Fuelled by Purchase of Activision-Blizzard
Microsoft has managed to see a substantial growth in its Xbox unit, while having logged losses in Azure, which has been the software firm's main growth engine in recent years. In the fourth quarter, which ended June 30, capital expenditures for Microsoft jumped to $19 billion (roughly Rs. 1,59,091 crore) from $14 billion (roughly Rs. 1,17,225 cror...
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IBM Chief Arvind Krishna's Rule For Managers: Move Near Office Or Leave
International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the company.
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OpenAI In Talks With CNN, Fox And Time To License Content
OpenAI is in talks with CNN, Fox Corp. and Time to license their work, according to people familiar with the matter.
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Dell To Cut About 6,600 Jobs, Battered By Plunging PC Sales
Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go.
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Mark Zuckerberg Calls Apple's App Store Moderation Rules a 'Conflict of Interest'
Mark Zuckerberg, the CEO of Facebook parent Meta, on Wednesday said that Apple's App Store was a conflict of interest, joining Twitter's new CEO Elon Musk in his criticism of the platform. The social networking giant's chief executive said the Cupertino company's content moderation rules for apps were a “conflict of interest” since they are oft...
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Layoffs Hurt Indians Most Amid 195-Year Wait For Green Card
Mass tech layoffs have left hundreds of workers living in the US on temporary visas with little time to find another job, or they'll have to leave the country.
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Who Made Clubhouse App? Paul Davison, a Founder in a State of Perpetual Motion
Paul Davison left Pinterest after about two years and in 2019 reconnected with an old acquaintance named Rohan Seth. At the time, Seth was looking for help raising money for a research effort to treat his young daughter’s rare disease. The two decided to give social media startups “one last try,” they wrote in a company blog post. They introd...
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Xbox Live Gold Subscription Price Hike Plan Withdrawn by Microsoft Following Outrage From Users
Microsoft backtracked on a plan to raise the price for subscriptions to Xbox Live Gold, its paid online gaming platform, after outrage from users.
-
Nvidia Looks to Expand AI Reign With New Chips, Personal Supercomputers
Nvidia’s CEO Jensen Huang address concerns that the cost of AI computing is spiraling out of control. At the event, Huang unveiled more powerful chips and related technology that he said would provide a clearer payoff to customers.
-
HP to Acquire Parts of Humane, AI Pin Startup From Ex-Apple Managers, for $116 Million
Humane’s team, including founders Imran Chaudhri and Bethany Bongiorno, will form a new division at HP to help integrate artificial intelligence into the company’s personal computers, printers and connected conference rooms, said Tuan Tran, who leads HP’s AI initiatives.
-
Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
-
Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
-
Microsoft Launches AI Agents, Deepening Rivalry With Salesforce
Microsoft has confirmed that it will roll out 10 “autonomous agents” to complete tasks on behalf of people in areas such as sales, customer support and accounting.
-
Dell To Layoff Workers In Sales Team Reorganization With New AI-Focused Unit
Dell previously announced a major workforce reduction in early 2023, shedding 13,000 jobs in that fiscal year.
-
Microsoft's Xbox Unit Logs 61 Percent Growth, Fuelled by Purchase of Activision-Blizzard
Microsoft has managed to see a substantial growth in its Xbox unit, while having logged losses in Azure, which has been the software firm's main growth engine in recent years. In the fourth quarter, which ended June 30, capital expenditures for Microsoft jumped to $19 billion (roughly Rs. 1,59,091 crore) from $14 billion (roughly Rs. 1,17,225 cror...
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IBM Chief Arvind Krishna's Rule For Managers: Move Near Office Or Leave
International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the company.
-
OpenAI In Talks With CNN, Fox And Time To License Content
OpenAI is in talks with CNN, Fox Corp. and Time to license their work, according to people familiar with the matter.
-
Dell To Cut About 6,600 Jobs, Battered By Plunging PC Sales
Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go.
-
Mark Zuckerberg Calls Apple's App Store Moderation Rules a 'Conflict of Interest'
Mark Zuckerberg, the CEO of Facebook parent Meta, on Wednesday said that Apple's App Store was a conflict of interest, joining Twitter's new CEO Elon Musk in his criticism of the platform. The social networking giant's chief executive said the Cupertino company's content moderation rules for apps were a “conflict of interest” since they are oft...
-
Layoffs Hurt Indians Most Amid 195-Year Wait For Green Card
Mass tech layoffs have left hundreds of workers living in the US on temporary visas with little time to find another job, or they'll have to leave the country.
-
Who Made Clubhouse App? Paul Davison, a Founder in a State of Perpetual Motion
Paul Davison left Pinterest after about two years and in 2019 reconnected with an old acquaintance named Rohan Seth. At the time, Seth was looking for help raising money for a research effort to treat his young daughter’s rare disease. The two decided to give social media startups “one last try,” they wrote in a company blog post. They introd...
-
Xbox Live Gold Subscription Price Hike Plan Withdrawn by Microsoft Following Outrage From Users
Microsoft backtracked on a plan to raise the price for subscriptions to Xbox Live Gold, its paid online gaming platform, after outrage from users.
