Forty-eight governments pledge not to pay ransomware gangs
The number of countries joining the International Counter Ransomware Initiative is no
Generative AI transforms business applications market
Generative AI is transforming the business applications market, enabling organizations to build apps more quickly, efficiently, and with reduced reliance on traditional coding methods. “Next-generation AI capabilities are fundamentally changing the business applications market for the first time in over 20 years,” said Charoo Singh, country head – business applications (India & South Asia) at […]
LinkedIn launches AI job seeker coach for premium subscribers
LinkedIn has launched an AI-powered job seeker coach for its premium subscribers. The new feature, which is still in beta, is designed to help job seekers find and apply for jobs more effectively. To use the job seeker coach, users simply need to type in a question, such as “Am I a good fit for […]
WeWork bankruptcy filing imminent
WeWork, the flexible workspace provider, is planning to file for bankruptcy as early as next week, according to a source familiar with the matter. The company, which was once valued at $47 billion, has been struggling with a massive debt pile and hefty losses for years. WeWork’s bankruptcy filing would mark a stunning reversal of […]
Ontario hospital group confirms attack was ransomware
The Daixin Team has begun leaking s
Ontario hospital group confirms attack was ransomware
The Daixin Team has begun leaking s
AI-powered PCs drive PC market recovery
The PC market is recovering, and AI is playing a key role. Intel and AMD, the two largest chipmakers, both reported strong growth in their PC businesses in the September quarter. Intel CEO Pat Gelsinger called the arrival of the AI PC an “inflection point” for the industry. AMD CEO Lisa Su said she expects […]
Canada bans WeChat on government devices
Canada has announced a ban on WeChat, a Chinese messaging and social media app, on government devices. The app is popular in China and among Chinese diaspora communities around the world, but Western governments have security concerns about it, mainly that the app could be used to spy on users. The ban was announced by […]
Generative AI services struggle with pricing model
Software makers are struggling to figure out how to price AI services that cost money each time users submit a prompt. This is because AI requires advanced hardware and runs it at capacity, which is more expensive than the relatively modest server bills associated with most software-as-a-service products. In the past, software companies have made […]
President Biden takes action on AI regulation
President Biden has signed an executive order to regulate artificial intelligence, circumventing the need for congressional approval. This action has sparked both support and criticism within the tech industry. Clem Delangue, Co-founder and CEO of Hugging Face, voiced concerns about setting strict thresholds for AI development, comparing it to counting lines of code in software. […]
