Goldman Sachs Created Social Media Startup Powered by AI for Corporate Use

Goldman Sachs has just created the first startup from its internal incubator. Goldman Sachs, a networking platform for employees called Louisa, was owned and funded by the investment bank from New York until a few weeks before, when it became independent, as per the Founder-CEO Rohan Doctor. Now Doctor is working to grow the company’s client base beyond…

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The Godfather of AI leaves Google after a decade to warn the world about the threat of AI

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…

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Intel reports the highest quarterly loss in the history of the company

Intel reported first-quarter results yesterday that showed a 133% annual reduction in its earnings per share. Revenue declined nearly 36% year over year to around $11.7 billion. The loss per share and sales were comparatively better than soft Wall Street anticipations. For the second quarter, Intel anticipates losing 4 cents per share on an income of $12 billion….

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