Mark Zuckerberg seeks investor patience as Meta continuously pushes for AI projects, despite warnings and premarket stock decline fueled by increased spending and slower sales growth.
Tags: AI
AI Engineers Experience Burnout as Companies Push for Quick AI Rollouts
AI engineers across major tech companies are experiencing burnout and rushed product rollouts as they compete to outpace rivals, with pressure to deploy AI tools quickly.
Chegg Stock Plummets! Are Free AI Tools to Blame? Shares of Other Edtech Firms Also Crash
Shares of Chegg (CHGG) are experiencing a decline as the ed-tech company provided underwhelming second-quarter guidance due to increased competition in the AI sector, which is hindering its growth.
AMD Anticipates Selling $4 Billion in AI Chips in 2024
Advanced Micro Devices Inc. (AMD) disclosed quarterly results that met Wall Street's expectations, but the stock didn't rise since the firm only matched the consensus estimate with its midpoint projection.
Maryland Athletic Director Uses AI-Generated Recording to Frame up Principal as Revenge Over Fraud Investigation Against Him
An ex-athletic director from a high school has been arrested for fabricating an AI-generated voice recording to falsely implicate the school's principal in making racist comments.
Latest News
Toyota has partnered with Tencent to attract younger drivers in China. Japanese automaker Toyota has announced a partnership with Tencent, a Chinese social media and gaming giant, as it tries to appeal to the tech-savvy younger demographic.
Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion
A surge in power use from AI-powered data centers is projected to substantially increase natural gas demand in the coming years, according to a new report.
Over 100 Northern California nurses protested Kaiser San Francisco Medical Center, arguing the hospital is adopting untested AI that might hurt patients.
Apple has acquired Datakalab, a Paris-based startup specializing in AI compression and computer vision technology, which hints at potential advancements in features like Photos and Face ID in iOS 18.
Bitcoin miners are adapting to reduced revenues post-halving by investing in innovative solutions, while some are also exploring opportunities in artificial intelligence.
The International Olympic Committee (IOC) announced it will use artificial intelligence (AI) in sports.
Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque. Artificial intelligence startup Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque.
Cisco introduces a cutting-edge security system that harnesses the power of AI, following its acquisition of Splunk in a massive $28 billion agreement.
