Broadcom restructures VMware licensing
Broadcom revises VMware’s licensing model, introducing significant subscription cost reductions and changes in response to earnings challenges. Broadcom, following its acquisition of VMware, has made a notable shift in VMware’s licensing approach, including a substantial 50% reduction in subscription prices for VMware’s Cloud Foundation and a move away from perpetual licenses. This change comes as […]
Oracle shares dip amidst revenue shortfalls and strategic shifts to cloud and AI
Oracle experiences a downturn in share prices as revenue growth fails to meet market expectations, despite a notable rise in net income. Oracle Corporation’s share prices have taken a hit after reporting lower-than-expected revenue growth, highlighting investor concerns despite a 19% increase in net income. The company’s second-quarter revenue rose by 5%, missing the projected […]
AI and Robotics: The New Frontier in U.S. Border Security
Advanced AI surveillance towers and robotic patrols are being deployed by the U.S. to strengthen border security, amidst staffing shortages and increased crossings. The U.S. is elevating its border security measures by employing artificial intelligence and robotics. A “virtual wall” of AI surveillance towers, capable of distinguishing between people and animals, has been installed to […]
Mistral AI’s Mixtral 8x7B: Upstart new open source offering rivals or surpasses results of larger models
Mistral AI, a Paris-based startup, is shaking up the AI industry with its Mixtral 8x7B model, outperforming giants like ChatGPT and Llama with speed and efficiency. Mistral AI steps into the competitive field with Mixtral 8x7B, an open-source model leveraging Sparse Mixture of Experts architecture for efficient pre-training and scalability. The model and its “Mixture […]
New York Times Appoints AI Director to Innovate Newsroom Operations
The New York Times has appointed Zach Seward, co-founder of Quartz, as the editorial director of artificial intelligence initiatives, a significant move reflecting the growing influence of AI in journalism. The New York Times is advancing its technological capabilities by hiring an AI director for its newsroom. Zach Seward, a seasoned journalist and co-founder of […]
Google Faces Multibillion-Dollar Impact from Epic Games Legal Defeat, Lengthy Appeals Anticipated
Google’s recent legal loss to Epic Games over its Play app store monopoly could have significant financial consequences, potentially affecting its annual revenue and market strategies. Despite the ruling, a lengthy appeals process is expected, delaying any immediate operational changes. Google’s recent defeat in a California court to “Fortnite” maker Epic Games marks a significant […]
Hashtag Trending Dec.12- Telepathic communication with ChatGPT; BlackBerry not spinning off IoT business; Microsoft agrees to union contract terms
A company claims it’s achieved telepathic communication with ChatGPT. BlackBerry backs down on spinning off its IoT business. One in five teenagers is using social media almost “constantly.” And did you ever think you see a union at Microsoft? And one that is negotiating the use of AI? These and more top tech stories