Network fee on Big Tech not a viable solution to boost EU digital rollout

[ad_1] The European Commission does not think that imposing a network fee on Big Tech companies is a viable solution to the debate over who should fund the rollout of 5G and broadband, a spokesman for the EU executive said on Thursday. The issue pits Deutsche Telekom, Orange , Telefonica and Telecom Italia against Alphabet’s […]

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Big Tech may be breaking the bank for AI, but investors love it

[ad_1] Big Tech is spending more than ever on artificial intelligence – but the returns are rising too, and investors are buying in. AI played a bigger role in driving demand across internet search, digital advertising and cloud computing in the April-June quarter, powering revenue growth at technology giants Microsoft, Meta, Amazon and Alphabet . […]

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Amazon, Apple, Meta and Microsoft earnings rise on AI as economy roils

[ad_1] Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by U.S. tariffs. “Massive results seen by Microsoft and Meta further validate the use cases and unprecedented spending trajectory for the AI Revolution on both the enterprise and consumer fronts,” Wedbush […]

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Meta may revive its smartwatch project with a focus on camera

[ad_1] Due to its collaboration with Ray-Ban on smart glasses and a line of virtual reality headsets, Meta has found itself at the centre of a wearable revolution. According to a DigiTimes report, Meta has plans to revive the smartwatch project it abandoned in 2022. It said that the company may be considering reintroducing wrist-based […]

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Meta will allow job candidates to use AI during coding tests

[ad_1] Meta will begin allowing candidates to use artificial intelligence during coding tests. The company has also asked existing employees to volunteer for a “mock AI-enabled interview,” as first reported by 404 Media and later confirmed by Meta. The Silicon Valley heavyweight is among a handful of tech companies that have given the green light […]

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Mark Zuckerberg says AI ‘Superintelligence’ vision will help people achieve personal goals but what does that mean?

[ad_1] Mark Zuckerberg, the most powerful person in Silicon Valley, doesn’t want to take the path where artificial intelligence automates everything and puts people out of their jobs. Instead, his vision for creating “personal intelligence” is rooted in the idea that people should use AI to achieve their personal goals. “Meta’s vision is to bring […]

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Microsoft to spend record $30 billion this quarter as AI investments pay off

[ad_1] Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence. Shares of the software company rose 9% in extended trading after it said Azure sales surpassed $75 […]

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Amazon-backed Skild AI unveils general-purpose AI model for multi-purpose robots

[ad_1] Robotics startup Skild AI, backed by Amazon.com and Japan’s SoftBank Group, on Tuesday unveiled a foundational artificial intelligence model designed to run on nearly any robot — from assembly-line machines to humanoids. The model, called Skild Brain, enables robots to think, navigate and respond more like humans. Its launch comes amid a broader push […]

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Google CEO Sundar Pichai on AI talent war: ‘Our talent retention is healthy’

[ad_1] Google CEO Sundar Pichai says the company continues to attract top AI talent, brushing off concerns about the ongoing AI talent war in Silicon Valley, where top tech companies are poaching talent from each other to stay ahead in the intensifying AI race. During Alphabet’s second-quarter earnings call, Pichai said Google has seen such […]

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India’s financial crime fighting agency summons Google, Meta executives

[ad_1] India’s financial crime fighting agency has summoned executives of tech giants Google and Meta to its headquarters on Monday as it investigates accusations of money laundering on online betting apps, two government sources said. The Enforcement Directorate (ED) is investigating whether the platforms eased the way for promotion and wider reach of betting apps […]

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