Day: February 6, 2023

Dell Technologies Inc (NYSE:DELL) expected to lay off 5% of its global workforce, around 6,650 jobsIt has been hit by plunging PC SalesIt’s the latest restructuring drive in a wave of tech layoffsTech Layoffs Hit DellIt was only a matter of time before the wave of tech layoffs reached Dell’s shores, given how sensitive the company is to both consumer and corporate confidence. The company had already limited recruitment and cut back on spending, with Cisco Systems Inc (NASDAQ:CSCO), HP Inc (NYSE:HPQ) and IBM (NYSE:IBM) also restructuring. Q4 2022 hedge fund letters, conferences and more Find A … Read More “Waves Of Tech Layoffs Hit Dell As Big Tech Jostles For A Slice Of AI”

An EU official has said proposed rules regulating artificial intelligence (AI) will tackle concerns around the risks of products like ChatGPT. Thierry Breton, the European Commissioner for the Internal Market, told Reuters the sudden rise of popularity of applications like ChatGPT and the associated risks underscore the urgent need for rules to be established. “As showcased by ChatGPT, AI solutions can offer great opportunities for businesses and citizens, but can also pose risks. This is why we need a solid regulatory framework to ensure trustworthy AI based on high-quality data,” he told Reu… Read More “ChatGPT in the spotlight as the EU steps up calls for tougher regulation. Is its new AI Act enough?”

By Jeffrey Dastin (Reuters) -Google owner Alphabet Inc on Monday said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an answer to Microsoft Corp in their rivalry to lead a new wave of computing. Microsoft, meanwhile, said it planned its own AI reveal for Tuesday. The cascade of news reflects how Silicon Valley is anticipating massive change from so-called generative AI, technology that can create prose or other content on command and free up white-collar workers’ time. The ascent of ChatGPT, a chatbot from Microsoft-backed OpenAI … Read More “Google unveils ChatGPT rival Bard, AI search plans in battle with Microsoft”

By Luc Olinga The software giant invites journalists to a surprise event on Feb. 7. The event was unplanned, and the mystery is complete. Do not bother to search because the event is not listed anywhere. There’s nothing in the newsroom section of the connection dedicated to journalists. And nothing in the investor section dedicated to shareholders. This is simply because it wasn’t planned. It is a last-minute event shrouded in mystery. On Feb. 6 Microsoft (MSFT) – Get Free Report sent out invitations to journalists to attend an event at its Redmond, Wash., headquarters for a Feb. 7 event. It’s sc… Read More “Microsoft Has a Last-Minute Mysterious Surprise”

San Francisco (AFP) – Google said Monday it will release a conversational chatbot named Bard, setting up an artificial intelligence showdown with Microsoft which has invested billions in the creators of ChatGPT, the hugely popular language app that convincingly mimics human writing. ChatGPT, created by San Francisco company OpenAI, has caused a sensation for its ability to write essays, poems or programming code on demand within seconds, sparking widespread fears of cheating or of entire professions becoming obsolete. Microsoft announced last month that it was backing OpenAI and has begun to i… Read More “Google to release ChatGPT rival named Bard”

By Mert Ozkan and Kinda Makieh KAHRAMANMARAS, Turkey/DAMASCUS (Reuters) – A huge earthquake killed more than 3,700 people across a swathe of Turkey and northwest Syria on Monday, with freezing winter weather adding to the plight of the thousands left injured or homeless and hampering efforts to find survivors. The magnitude 7.8 quake brought down whole apartment blocks in Turkish cities and piled more devastation on millions of Syrians displaced by years of war. It struck before sunrise in harsh weather and was followed in the early afternoon by another large quake. In Diyarbakir in southeast … Read More “Major earthquake kills 3,700 in Turkey and Syria, weather hits survivors”