Nvidia stock soars on strong earnings expectations
Nvidia’s stock rose more than 3% on strong trading volume after UBS and Wells Fargo considerably upped their price targets for the chipmaker. This added to the already high expectations ahead of Nvidia’s forthcoming quarterly earnings announcement. UBS analyst Timothy Arcuri lifted his price target to $540 from $475, while Wells Fargo increased its price […]
Cruise self-driving cars stall in San Francisco
A fleet of Cruise self-driving cars stalled in San Francisco, causing a traffic jam and raising safety concerns about the technology. Videos posted on social media showed at least 10 Cruise cars stopped in the city’s North Beach neighborhood, with their hazard lights blinking. The cars were reportedly blocking traffic for about 15 or 20 […]
Execs admit they relied on gut instinct for return-to-office decisions
A survey of over 1,156 senior executives and workplace managers in the U.S. by Envoy and Hanover Research has found that 80% of them would have approached their company’s return-to-office strategy differently if they had access to workplace data to inform their decision. The survey found that many executives made decisions based on their own […]
Microsoft bans reverse engineering, data scraping of AI services
Microsoft has updated its terms of service to prohibit users from reverse engineering or harvesting data from its AI software. The new policies, which will come into effect on September 30, also state that users cannot use the AI services to create, train, or improve other AI services. Microsoft says the changes are necessary to […]
Microsoft’s Azure ChatGPT raises questions
Microsoft’s announcement of Azure ChatGPT, a secure and private version of OpenAI’s ChatGPT, has raised eyebrows. Some experts believe that the move is an attempt by Microsoft to sabotage OpenAI’s reputation. In a now-deleted blog post, Microsoft acknowledged that OpenAI’s ChatGPT “risks exposing confidential intellectual property.” The company also said that Azure ChatGPT is “our […]
Demand for AI jobs quadruples
The demand for artificial intelligence (AI) jobs has quadrupled since the beginning of this year, according to data from Indeed. This has led to a surge in salaries for AI professionals, with some companies offering six-figure salaries for entry-level positions. The growth in demand for AI jobs is being driven by the increasing adoption of […]
