artificial general intelligence

Demis Hassabis, the head of Google DeepMind, has disclosed that his team is working on a new email system that will employ artificial intelligence (AI) to handle the daily email grind.  What Happened: Hassabis revealed the initiative at the SXSW London festival, where he...

Morgan Stanley has reaffirmed its Overweight rating on Nvidia Corporation (NASDAQ:NVDA), keeping the company as its top choice, despite broader concerns about the semiconductor sector. What Happened: Morgan Stanley has reiterated its “Overweight” rating on Nvidia,...

Meta Platforms Inc. (NASDAQ:META) is set to revolutionize the advertising industry by introducing a fully automated ad creation system powered by artificial intelligence. What Happened: Meta Platforms is planning to roll out a system that will enable brands to design and target ads...

Despite previously warning about the dangers of advanced Artificial Intelligence (AI) and robotics, Tesla Inc. CEO Elon Musk has invested in several AI startups following a stark warning from DeepMind's co-founder, Demis Hassabis. What Happened: In an interview with CNBC in July 2017, Musk had...

In a bid to expedite the launch of new products and features, Meta Platforms Inc. (NASDAQ:META) is reportedly reorganizing its AI teams. What Happened: The restructuring, announced in an internal memo by Chief Product Officer Chris Cox on Tuesday, will see the division split into two...

Meta Platforms Inc. (NASDAQ:META) has projected that its generative AI products could potentially rake in revenue ranging from $460 billion to $1.4 trillion by the year 2035. This information was gleaned from court documents that were recently unsealed. What Happened: These projections were found...

The ongoing dispute in Louisiana over who should bear the cost of new power plants required for Meta Platforms Inc. (NASDAQ:META) $10 billion data center is heating up. What Happened: The Louisiana Public Service Commission received new testimony on April 11 from consumer advocates and...

Former Google chief executive Eric Schmidt sketched an aggressive road map for artificial intelligence progress, warning that machines will match — and soon eclipse — elite human talent across most creative and technical fields. What Happened: Speaking at the AI + Biotechnology...

Meta Platforms Inc. (NASDAQ:META) has reportedly been discovered to be profiting from its Llama AI models through revenue-sharing agreements with host businesses. What Happened: An unredacted court filing submitted by attorneys for the plaintiffs in the copyright lawsuit Kadrey v. Meta reveals that...

Nvidia’s (NASDAQ:NVDA) CEO, Jensen Huang, has projected the widespread deployment of humanoid robots in manufacturing units in the next five years. This prediction was made public during a keynote speech at Nvidia’s annual developer conference in San Jose, California on...

In a move to tap into the growing artificial intelligence (AI) industry in the U.K., Oracle Corp. (NYSE:ORCL) has pledged to invest $5 billion in the country over the next five years. What Happened: On Monday, Oracle announced that the investment aims to expand the Oracle...

As the need for power in AI data centers escalates, Microsoft Corporation (NASDAQ:MSFT) is considering the possibility of utilizing natural gas. What Happened: Microsoft’s Vice President of Energy, Bobby Hollis, told CNBC that the tech giant is considering the use of natural gas...

Shares of Broadcom Inc. (NASDAQ:AVGO) climbed 12.7% during the pre-market trading session on Friday following the company’s first quarter earnings and revenue beat. What Happened: Broadcom, a leading semiconductor company, reported first quarter revenue of $14.92 billion, surpassing the...

The U.S. Department of Labor has reportedly launched a probe into Scale AI, a startup backed by Nvidia (NASDAQ:NVDA), Amazon (NASDAQ:AMZN), and Meta Platforms Inc. (NASDAQ:META), to assess its compliance with the Fair Labor Standards Act. What Happened: The investigation into Scale AI’s...

Super Micro Computer Inc. (NASDAQ:SMCI) rose 3.45% during the pre-market trading on Wednesday, a day after it became the top gainer on the S&P 500. What Happened: Last week, Super Micro submitted its delayed financial statements to the U.S. Securities and Exchange Commission (SEC). This move...