Independent thinking for complex markets and current events
Creating superintelligence requires a few simple ingredients: a near-infinite trove of data, an army of tech experts, billions of dollars worth of advanced microchips – and a gigantic amount of electricity. As Silicon Valley spends enormous sums in a race to build artificial intelligence, tech giants are hitting a bottleneck. Without an abundant supply of energy, …
via naturalnews: Microsoft Research Asia is forging on with a new transhumanist program called VASA that creates “lifelike talking faces of virtual characters with appealing visual effective skills (VAS), given a single static image and a speech audio clip.” The artificial intelligence (AI) division of Microsoft in Asia has been working on the program by …
Today's earnings include Intel, $INTC, Google, $GOOGL, Microsoft, $MSFT, Snap, $SNAP, $ROKU, and more.https://t.co/lNGVHeG6RW pic.twitter.com/sjnPDmr4Id — unusual_whales (@unusual_whales) April 25, 2024 Of course, these stocks added trillions of market cap in their run ups to new all time highs. However, so far, the decline has been just as fast as the move higher. Not exactly …
View post on imgur.com Microsoft has announced an “extended security update” (ESU) program for Windows 10. The ESU program will allow users to pay for monthly security updates beyond Windows 10’s end of support date. Windows 10 will reach end of life in October 2025. For the first time ever, both commercial and consumer customers …
(Reuters) -OpenAI has asked a federal judge to dismiss parts of the New York Times’ copyright lawsuit against it, arguing that the newspaper “hacked” its chatbot ChatGPT and other artificial-intelligence systems to generate misleading evidence for the case. OpenAI said in a filing in Manhattan federal court on Monday that the Times caused the technology …
Microsoft is facing backlash after bragging in a recent diversity report that it pays white employees less than racial minority employees in similar roles. The report boasts that asian employees make more than both black and white employees with matching job titles, levels, and tenure. Microsoft touts in its 2023 Diversity and Inclusion Report its …
Microsoft’s prescient bets and aggressive investments in AI have propelled the software giant to become the world’s most valuable company. Yet Satya Nadella, its typically reserved chief executive, couldn’t resist landing a gloved jab at the rest of the industry. “We have the best model today … even with all the hoopla, one year after, …
High priced in growth indicates lower future expected returns. For the future, expect low price growth or price contraction if AI isn’t the cash cow the market thinks it is, all while Microsoft remains a highly profitable company that will keep paying it’s dividend. h/t ChampionshipUsed9855
The S&P 500 rose Monday and closed at a fresh record high as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. The benchmark index climbed 0.76% to 4,927.93, topping its highest ever close of 4,894.16, reached Jan. 25. The Dow Jones Industrial Average added 224.02 points, or …
Microsoft (MSFT) on Monday announced that it is launching a paid version of its generative AI-powered Copilot platform for consumers. The option, called Copilot Pro, will cost $20 per month per user, and give users access to a number of additional capabilities including access to the latest AI models and improved AI image generation via …
🚨JUST IN: Microsoft overtakes Apple to become the largest publicly traded company in the world by market cap. "I am the captain now"$MSFT pic.twitter.com/P6R3CEB7G3 — Genevieve Roch-Decter, CFA (@GRDecter) January 11, 2024 h/t DesmondMilesDant
via Mike Shedlock: Big tech vs big media will be a major theme in 2024. Revenge of the Attorneys Revenge of the attorneys in 2024 – a BIG (data) theme in the New Year. Bankruptcy & Copyright practices will be BOOMING. Expect this to be the first headline of too many to count: “New York …
The New York Times has sued OpenAI and Microsoft over copyright infringement, seeking to end the companies’ practice of using its stories to train chatbots. The newspaper filed a lawsuit in the United States federal court in Manhattan on Wednesday, alleging the companies’ powerful artificial intelligence (AI) models used millions of its articles for training …
Msft. need to be held accountable.Does Elon Musk know that this is how Microsoft trains their AI.That would be a great stage conversation the MSFT CEO and Elon. — floridanow1 (@floridanow1) December 15, 2023 Elon Musk – Microsoft Word now scolds you if you use words that aren’t “inclusive”! Microsoft Word now scolds you if …
Microsoft Word now scolds you if you use words that aren’t “inclusive”! pic.twitter.com/W2VqdmHVQk — Elon Musk (@elonmusk) December 15, 2023
via Natural News: Despite his own companies’ dystopian endeavors, billionaire electric vehicle (EV) guru-turned-hypocritical social media icon Elon Musk is blasting Microsoft for its artificial intelligence (AI) plans. A new Microsoft AI chip called “Maia” is set to be the cornerstone of the company’s budding AI infrastructure, which competes with that being created by Musk, hence …
by Chris Black Why is no one talking about what just happened? Quick rundown: >Open AI was created as a non-profit with a core mission to leverage AI to better humanity. >founding constitution has a clause which instructs the handling of a true AGI, should that ever come into existence. >Specifically, the company recognizes the …
The funniest thing about AI is that if it will automate most office workers, who will Microsoft sell Office licenses to then? 🙂 h/t ChampionshipUsed9855
Sam Altman hired by Microsoft, 600 OpenAI employees threaten to quit in protest of his ouster Sam Altman, a prominent executive behind the rise of artificial intelligence, was hired by Microsoft days after being ousted as CEO of OpenAI, eliciting a letter signed by nearly 600 employees at OpenAI calling for the resignation of the …
Microsoft has the cash to pay hackers to jailbreak its Bing AI, but apparently not enough to keep almost 700 people employed at the Microsoft-owned professional social media platform LinkedIn. The site is now undergoing its second round of layoffs this year, The New York Times reports. All told, 668 positions are being culled from …
by TonyLiberty Microsoft is now accused of tax evasion and faces a $29 Billion tax bill from the IRS. This is one of the largest tax bills ever issued by the IRS. In particular, the IRS took issue with how the company “allocated profits … among countries and jurisdictions.” This suggests that the IRS believes …
Training large language models is an incredibly power-intensive process that has an immense carbon footprint. Keeping data centers running requires a ludicrous amount of electricity that could generate substantial amounts of greenhouse emissions — depending, of course, on the energy’s source. Now, The Verge reports, Microsoft is betting so big on AI that its pushing …
https://www.cnbc.com/2023/07/26/meta-microsoft-amazon-join-overture-maps-to-vie-with-apple-google.html Google and Apple dominate the market for online maps, charging mobile app developers for access to their mapping services. The other mega-cap tech companies are joining together to help create another option. A group formed by Meta, Microsoft and Amazon Web Services, along with TomTom, is releasing data that could enable companies to build …
Microsoft shares rose as much as 5.8% Tuesday after the company announced a new artificial intelligence subscription service for Microsoft 365. The company will charge users an additional $30 per month for the use of generative AI with tools such as Teams, Excel and Word. Adding on the subscription to Copilot, a generative AI assistant …
Nancy Pelosi’s husband exercised roughly $2.6 million worth of Apple and Microsoft stock options this month. Paul Pelosi bought 5,000 shares of both Apple and Microsoft stocks on June 15, exercising 50 call options. Nancy Pelosi has repeatedly said her husband’s investments have nothing to do with her political knowledge. Nancy Pelosi’s husband exercised roughly …
