AI & ML

Meta AI image detector fails to identify some of its own cropped AI images, Reuters analysis finds

July 10 (Reuters) – A new AI detection tool from Meta (META.O), opens new tab, which the tech company previewed this week alongside the launch of its image-generation model, Muse ‌Image, failed to identify some of its own AI-generated images once they were cropped, according to a Reuters analysis. The finding highlights the challenges of verifying AI-generated images […]

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Altera returns to growth as AI, robotics fuel demand, CEO says

SAN FRANCISCO, July 10 (Reuters) – Altera, a maker of programmable chips spun out of Intel (INTC.O), opens new tab, is growing roughly 20% a year and more than doubling operating income as it prepares for an eventual public listing, Chief Executive Raghib Hussain told Reuters in ‌an interview. Altera became fully independent last September after Intel

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India’s HCLTech wins $1.14 billion deal with European firm

BENGALURU, July 3 (Reuters) – India’s HCLTech (HCLT.NS), opens new tab has won a $1.14 billion deal with a ‌major European firm, the software services exporter said on Friday. The announcement pushed HCLTech’s shares up by as much as 6.3%, boosting gains on the Nifty IT index, which ⁠was up 2.7%. Here are some details: The ​deal will help

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Google loses fight against record €4.1 billion EU antitrust fine

BRUSSELS, July 2 (Reuters) – Alphabet’s (GOOGL.O), opens new tab Google on Thursday lost its long-running fight against a record EU antitrust fine for using its Android mobile operating system ‌to block rivals, a court ruling which is seen as likely to boost Europe’s crackdown on Big Tech. The European Commission, the bloc’s antitrust regulator, has fined Google

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SpaceX surges past $2 trillion in Nasdaq debut, closes in on Amazon

June 12 (Reuters) – SpaceX (SPCX.O), opens new tab shares jumped 19% in their Nasdaq debut on Friday, sending the company’s value past $2 trillion to make it the sixth-biggest U.S. company by value and turning Elon Musk into the world’s first trillionaire. Investors jumped at the chance to get a piece of Musk’s sprawling empire spanning rockets, satellites and

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Zuckerberg says Meta made ‘mistakes’ in AI workforce shift

June 12 (Reuters) – Meta (META.O), opens new tab CEO Mark Zuckerberg has told employees that the social media giant has made mistakes in its AI transformation of its workforce, according to an internal memo seen ‌by Reuters. Zuckerberg is pumping hundreds of billions of dollars into AI as he seeks to reshape his company’s inner workings around

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EU targets Big Tech dependence with ‘made-in-Europe’ drive

BRUSSELS, June 3 (Reuters) – The European Commission proposed new laws on Wednesday to boost domestic cloud, ‌AI and semiconductor industries, aiming to cut reliance on U.S. Big Tech in a move that could ratchet up transatlantic tensions. The Cloud and AI Development Act and Chips Act 2.0 form part of Europe’s push for technological sovereignty

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AI ‘chipflation’ spreading from data centers to wider economy, Morgan Stanley warns

June 3 (Reuters) – Soaring memory chip prices driven by massive AI demand risk stoking “chipflation,” Morgan Stanley analysts cautioned, as makers of devices from smartphones to PCs are forced to choose between raising prices and settling for thinner margins. The brokerage said on Tuesday that ‌memory chip prices have spiked six-fold in the past year,

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First Windows PC powered by Nvidia chips to debut next week, Axios reports

May 30 (Reuters) – AI chip firm Nvidia (NVDA.O), opens new tab and Microsoft (MSFT.O), opens new tab are expected next week to debut the first Windows PCs that use Nvidia’s chips ‌as the main processor, Axios reported on Saturday, citing sources. Nvidia-powered computers are expected both from Microsoft’s Surface brand as well as other computer makers including Dell (DELL.N), opens

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SoftBank to build up AI data centres in France with major investment

PARIS, May 30 (Reuters) – Japan’s SoftBank Group (9984.T), opens new tab will invest €45 billion over the next five years in a push to build up artificial intelligence infrastructure ‌in France, the company announced on Saturday. SoftBank said the investment, described as the biggest of its kind so far in Europe, would be made in the northern

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