Wiz, a cloud security company founded in 2020, recently made headlines by turning down a $23 billion acquisition offer from Google. Despite the potential to become Google’s largest-ever deal, Wiz decided to stick to its original plan of pursuing an initial public offering (IPO). This move came as a surprise to many, given the significant
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In the upcoming weeks, the financial reports of major tech companies will shed light on the feasibility and sustainability of artificial intelligence, as well as the substantial investments required to propel AI forward in the long term. A positive outlook on AI’s potential is shared by analysts at Wedbush Securities, who anticipate a surge in
The chip stocks in Asia experienced a significant decline following a tech selloff on Wall Street amidst reports suggesting that the U.S. may be contemplating tighter export restrictions. This news sent shockwaves through the market, causing shares of Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chip supplier, to plummet by as much as 4.3%
ASML has once again exceeded expectations with their second-quarter earnings and sales, outperforming the LSEG consensus estimates. Their net sales of 6.24 billion euros ($6.8 billion) surpassed the expected 6.03 billion euros, while their net profit of 1.58 billion euros was higher than the anticipated 1.43 billion euros. The Dutch firm’s ability to thrive in
The field of robotics has made significant advancements in recent years, particularly in the area of imitation learning. This method shows promise in teaching robots how to perform everyday tasks, such as cooking or washing dishes, with a high level of reliability. However, a key challenge in imitation learning frameworks is the need for detailed
The concept of Mixture-of-Experts (MoE) has gained significant traction in the world of large language models (LLMs) as a means of scaling without incurring exponentially high computational costs. Unlike traditional models that utilize the full capacity for every input, MoE architectures direct data to specialized “expert” modules, allowing LLMs to expand their parameters while keeping
Machine learning and artificial intelligence have seen remarkable growth in recent years, with applications that touch almost every aspect of our daily lives. However, this growth comes at a cost – the energy consumption and training times of neural networks are increasing exponentially. For instance, the training of GPT-3 alone consumed more than 1,000 MWh
Khanmigo, an AI tutor, takes a unique approach to answering student questions by starting with questions of its own. Instead of giving direct answers, it guides students to find solutions step by step, providing hints and encouragement along the way. While Khan Academy envisions “amazing” personal tutors for every student, DiCerbo emphasizes Khanmigo’s role in
The experience of a NASCAR race has always been associated with the thunderous roar of the engines, the rush of each car zooming by at speeds over 150 mph. However, NASCAR recently unveiled its first electric racecar in downtown Chicago, symbolizing a significant shift in the motorsports industry towards electrification. This groundbreaking prototype, developed through
Samsung’s next Galaxy Unpacked event is highly anticipated, with a scheduled time of 9AM ET on July 10th in Paris, France. The event promises to focus on foldable devices, as hinted at by the graphic in the announcement video. Additionally, the video teases “Galaxy AI,” suggesting advancements in artificial intelligence technology. The stream will be