Intel stock declined by 6% after it gave investors an update about its turnaround plan to become a chip manufacturing firm competing with the Taiwan Semiconductor Manufacturing Company. Intel’s Chief Financial Officer David Zinsner explained how Intel would soon change the way it reports its financial results to give its foundry business, IFS, its own profit-and-loss…
Indian Prime Minister Narendra Modi, last week in his state visit to the USA, met Tesla CEO Elon Musk. Musk told reporters after meeting Modi that he is incredibly excited about the future of India and said that India has more promise than any large nation in the world. Musk said, “I am a fan of Modi. He…
Google’s cloud business is expanding the use of artificial intelligence technologies in health care, giving medical workers at Mayo Clinic the ability to find patient information using the tools powering the latest artificial intelligence chatbots. Google Cloud said, “Mayo Clinic is using a new service called Enterprise Search on Generative AI App Builder. The tool effectively lets clients…
During Apple’s yearly developer’s conference, WWDC, the firm subtly touted how much work it is doing in state-of-the-art machine learning and artificial intelligence and it has proved that it is not sitting on the sidelines. Apple at the WWDC conference announced several important AI features, including an enhanced iPhone autocorrect based on machine learning using a transformer…
