In this article, we’ll explore Dropbox’s decision to lay off 500 employees and pivot towards AI, as well as the implications this has on the company’s future. Key Takeaways: Dropbox is laying off 500 employees, which is 16% of its workforce The company is consolidating its core and document workflow businesses Dropbox is focusing on …
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Amidst the AI disruption, The Recording Academy announces only human-composed songs will be Grammy-eligible. Here’s how the music industry navigates AI. Key Takeaways: The Recording Academy rules that only songs “mostly” written and performed by human beings will be considered for Grammy Awards. The organization will accept songs with some AI-generated elements, but the main …
Discover Google’s new AI-powered tool that offers a personalized virtual shopping experience, enabling you to see clothes on different models. Key Takeaways: Google has unveiled a cutting-edge AI tool that allows online shoppers to virtually try on clothes on models of various sizes, ethnicities, and body types. The try-on feature uses Google’s generative AI, trained …
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As the world evolves, so do its financial markets. As such, major players in the industry must continually adapt their strategies to remain competitive. This week, two major financial institutions made announcements related to their operations. Citigroup, a multinational investment bank headquartered in New York City, announced plans to recalibrate its investment banking workforce. This …
Silicon Valley Bank (SVB), a Major Tech Sector Lender, Collapses as Broader Industry Reckoning Continues – Second Largest Bank Failure in US History On Wednesday evening, Silicon Valley Bank (SVB) announced that it was planning to raise $2 billion to strengthen its financial position after suffering losses amid the broader slowdown in the tech sector. …
Amid mounting pressure over concerns that TikTok may be sharing user data with the Chinese government, the social media platform has launched Project Clover, a new data security regime aimed at protecting user information in Europe. Under the new regime, user data will be stored within Europe and placed under tighter access controls, with oversight …
Pepsi, Ally, Mondelēz, and Coty Share Success Stories of High Returns Through Video Game Advertising
Billions are invested by advertisers in video games, as over 50% of the US population engages in gaming. Major brands such as Pepsi and Ally have revealed how they have successfully invested in video games as an advertising medium, despite facing challenges in getting approval across their organizations. Speaking at the IAB Playfronts conference in …
In this article, we’ll look at the reasons behind the recent complaint filed by the Center for AI and Digital Policy (CAIDP) against OpenAI, arguing that the company’s GPT-4 model violates the Federal Trade Commission (FTC) rules against unfair and deceptive practices. Key Takeaways: AI Policy group CAIDP filed a complaint against OpenAI, stating GPT-4 …
In this article, we’ll examine the impressive advancements in quadrupedal robots and how Google’s DeepMind has introduced a new standard to measure their performance. We’ll delve into the reasons behind the development of this groundbreaking benchmark known as “Barkour”, and how it works to accurately assess the capabilities of these four-legged robotic companions. Key Takeaways: …
In today’s article, we delve into the recent appeal made by OpenAI CEO, Sam Altman, to Congress, pleading for the urgent regulation of artificial intelligence. We’ll explore the reasons behind this call to action, the potential impact of this technology, and the proposed methods to safeguard society from potential AI-related harm. Key Takeaways: Congress Urged …
In this article, we’ll examine the reasons behind Google’s recent announcement to incorporate AI chat features in Gmail and Docs and explore how these developments will impact the world of technology. Key Takeaways: Introducing AI Chat to Gmail and Docs: A New Chapter for Google Workspace Google is diving deeper into the realm of generative …
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In this article, we’ll look at the reasons behind the failure of Japan’s first private Moon landing attempt and its impact on the nation’s space ambitions. Key Takeaways: Japanese startup ispace loses contact with lunar lander during the Hakuto-R Mission 1 Two lunar rovers from UAE and a collaboration between Sony and Tomy were onboard …
In this article, we’ll look at the reasons behind Meta’s struggle to keep pace with competitors in artificial intelligence and how the company plans to address its AI shortcomings. Key Takeaways: Meta executive Santosh Janardhan warned of a “significant gap” in AI tooling and processes Meta’s metaverse focus reportedly slowed the company’s AI development Peter …
In this article, we’ll explore how Artifact, a news app created by Instagram’s co-founders, has introduced a game-changing feature that uses AI to summarize articles in various fun and engaging styles. Key Takeaways: Artifact now offers AI-generated summaries of articles in different styles, including “Explain Like I’m Five,” “Emoji,” “Poem,” and “Gen Z.” To access …
In this article, we’ll delve into OpenAI’s recent announcement of an updated privacy feature, allowing users to turn off their chat history when interacting with the ChatGPT chatbot. We’ll also explore the upcoming ChatGPT Business subscription and the export option for data management. Key Takeaways: OpenAI now allows users to disable chat history in ChatGPT. …
In this article, we’ll explore OpenAI’s latest move to prioritize user privacy by launching an incognito mode for ChatGPT, disabling chat history and training data usage. Key Takeaways: OpenAI introduces incognito mode for ChatGPT, enhancing user privacy. Users can now disable chat history and training data usage in settings. ChatGPT Business subscription with additional data …
In this article, we’ll explore how the AI app Petey uses ChatGPT to create personalized Apple Music playlists, making music discovery easier and more enjoyable. Key Takeaways: Petey, the AI app, now connects to Apple Music. Users can create playlists and add individual songs to their libraries. Integration with Apple Music demonstrates AI’s potential in …
In this article, we’ll look at the reasons behind the groundbreaking device developed by Apple alumni that turns your hand into a call receiver and its potential impact on the future of communication. Key Takeaways: Ex-Apple designer Imran Chaudhri showcases a futuristic AI device at TED 2023 conference. The device can project phone calls onto …