business - CybAI news

09 Aug

Tech Founders and Investors Confront a Wave of AI Skepticism

stp2y0 CommentsRAG modelsALPHABET INC-CL A, AMAZON.COM INC, artificial intelligence, Autonomous Vehicle, business, CREDO AI, hardware, MICROSOFT CORP, startups, Technology, United Kingdom, Wall Street

One early AI leader thinks we may be entering a “sobering” moment. Source link lol

08 Aug

Coinbase Shares Gain After Court Limits SEC Award in Ripple Case

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Coinbase Inc. shares rose after a federal court ruled that Ripple Labs Inc. pay a fraction of what the US Securities and Exchange Commission sought in a civil suit, a decision that bodes well for the biggest US crypto exchange’s case with the agency.Coinbase’s shares are up about 7% to around $191 on Thursday, a day after the court said that Ripple had to pay a penalty of $125 million. The SEC sued for almost $2 billion to punish Ripple for raising money without registering its token as a security in 2020. Source link lol

08 Aug

Beds, Cars and Haunted Museums: the Unconventional Places Where Podcasts Now Record

stp2y0 CommentsRAG modelsAutomotive, Bobby Lee, business, Houston, Larry Mestel, Latin America, media, Nick Cannon, PRIMARY WAVE MUSIC PUBLISHIN, screentime, SPOTIFY TECHNOLOGY SA, Technology, youtube

Welcome back to Soundbite. Today we’re looking at the increasingly unique things podcasters are doing on camera in order to stand out on YouTube. As always, reach me through email, and if you haven’t yet subscribed to this newsletter, please do so here . Tell a friend to sign up, too. Also, a quick housekeeping note. We’ll be off next week with no newsletter. Apologies! Cape Cod calls. Source link lol

08 Aug

Oracle, Google Veterans Join Nvidia-Backed CoreWeave to Lead AI

stp2y0 CommentsRAG modelsALPHABET INC-CL A, artificial intelligence, business, cloud computing, CORE SCIENTIFIC INC, engineering, Executives, infrastructure, Markets, NVIDIA CORP, ORACLE CORP, startups, Technology

CoreWeave Inc. hired two senior executives from Google and Oracle Corp. to build out its artificial intelligence infrastructure after the Nvidia Corp.-backed cloud computing company raised billions of dollars from investors.Chen Goldberg, who most recently served as general manager and vice president of engineering at Alphabet Inc.’s Google unit, will be the senior vice president of engineering, according to Brannin McBee, co-founder and chief development officer at CoreWeave. Sachin Jain, who was Oracle’s senior vice president of AI infrastructure and product management, will serve as chief operator officer, McBee said. They start next week. Source link lol

08 Aug

Veon Plans to Sell Up to 20% in IPO of Pakistan’s Top Mobile Operator

stp2y0 CommentsRAG modelsAmsterdam, Bangladesh, business, deals, Farrukh Khan, IPOs, Kaan Terzioglu, Moscow, Pakistan, retail, russia, Technology, ukraine

Veon Ltd., a Dutch-domiciled telecommunications company, is preparing to sell as much as 20% in its Pakistani unit Jazz in an initial public offering, Chief Executive Officer Kaan Terzioglu said.“A 12-month horizon is when we will make really concrete decisions” about the IPO, Terzioglu said in an interview in Amsterdam. Pakistan’s pension funds, local and retail investors would be keen to have a stake in the country’s biggest mobile operator, he said. Veon earned $1.12 billion in revenue from Pakistan last year. Source link lol

08 Aug

Move Over, LLMs. Small AI Models Are the Next Big Thing

stp2y0 CommentsRAG modelsALPHABET INC-CL A, artificial intelligence, business, career, Generic 1st 'GC' Future, investing, META PLATFORMS INC-CLASS A, SAKANA AI, software, startups, Technology, U.S. Immigration and Customs Enforcement

For years, tech giants like Google and startups such as OpenAI have been racing to build ever bigger and costlier artificial intelligence models using a tremendous amount of online data. Deployed in chatbots like ChatGPT, this technology can handle a wide range of complex queries, from writing code and planning trips to drafting Shakespearean sonnets about ice cream.Mark McQuade is betting on a different strategy. Arcee.AI, the startup he co-founded last year, helps companies train and roll out an increasingly popular — and much tinier — approach to AI: small language models. Rather than try to do everything ChatGPT can,…

08 Aug

Social Media Platforms Show Little Interest in Stopping Spread of Misinformation

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Social media platforms gave up on content moderation a long time ago. But first… Source link lol

07 Aug

Cyber Researchers Push Water, Oil Utilities to Fix Weak Spots

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Outside interference remains too easy despite frequent warnings, experts warn. Source link lol

07 Aug

WPP Sells $775 Million Stake in PR Firm FGS Global to KKR

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WPP Plc agreed to sell its stake in communications consultancy FGS Global to KKR & Co Inc. for $775 million as the British advertising agency streamlines its business to make room for investments in newer technologies. The sale of the approximately 50% stake gives FGS Global an enterprise value of $1.7 billion, the company said in a statement on Wednesday. KKR will increase its stake in the company to about 80% from 30%. Source link lol

07 Aug

Google’s Search Dominance Faces Limited Risks Despite Antitrust Ruling

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A federal judge ruled Monday that Google illegally monopolized the search market. Now the hard part: what to do about it. But first... Source link lol