Apple announces multi-billion dollar deal with Broadcom to develop 5G radio frequency components in U.S. According to a press statement from Apple CEO Tim Cook, “We’re thrilled to make commitments that harness the ingenuity, creativity, and innovative spirit of American manufacturing.” On Tuesday morning, shares of Broadcom were up about 3%. Shares of Apple were…
Meta has built custom computer AI chips to help with its artificial intelligence and video-processing tasks and is expressing about chips openly in the public for the first time. The social networking company revealed its internal silicon chip projects for the first time to reporters recently. Although it is costly for a Meta to design and…
Meta recently unveiled AI-based tools and services to improve ad creation and campaign results. Meta unveiled the AI Sandbox, a “testing playground” for advertisers to use as they try new ad tools powered by generative AI. Meta is exhibiting to investors and advertisers that investing in AI is a profitable move. In Meta’s latest earnings call,…
Geoffrey Hinton, ‘the Godfather of AI’ received his Ph.D. in artificial intelligence 45 years ago and has remained one of the most reverential voices in this field. For the past decade, Hinton worked at Google, between the company’s Silicon Valley headquarters and Toronto. But he has quit Google, and he told the New York Times that he will…
