Could Meta, previously known as Facebook, be venturing into the world of fashion? Recent reports suggest that Meta is in talks to acquire a 5% stake in EssilorLuxottica, the company behind Ray Ban sunglasses. This potential investment could mark Meta’s entry into the fashion industry, in addition to its current focus on AR glasses. The
Investment
The AI boom that was once lauded as a revolutionary technological advancement is now facing multiple challenges in translating investments into tangible revenue streams. Companies are struggling to deploy generative AI effectively, leading to a lack of the expected outcomes. AI startups are being overvalued, while consumers are beginning to lose interest in AI applications.
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 recent global IT outage caused by a botched software update from CrowdStrike highlights the immense impact that a single mistake in the digital realm can have on the real world. When computer screens turned blue across the globe, flights were grounded, hotel check-ins were impossible, and freight deliveries came to a screeching halt. The
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%
In a groundbreaking development, a research team led by Dr. Sung Mook Choi from the Korea Institute of Materials Science has introduced a one-step electrode fabrication process for the first time in South Korea. This innovative process, as published in the journal Applied Energy, allows for the direct production of electrodes – a crucial component
Upon closer inspection of the Engwe P20 electric bike, it becomes apparent that while it may offer some attractive features on paper, its actual performance leaves much to be desired. One major issue that stands out is the noticeable delay in the pedal assist provided by the torque sensor. This delay can be particularly frustrating
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
Aidan Gomez’s journey from being an intern at Google Brain in 2017 to co-founding Cohere, an AI startup that has raised money at a $5 billion valuation, is a remarkable one. His work on the “Attention Is All You Need” paper was instrumental in conceptualizing the transformer and triggering the generative artificial intelligence boom. In
In the realm of virtual reality gaming, one title stands out as a must-have experience for enthusiasts – Half-Life: Alyx. Developed by Valve, the game offers a unique and immersive gameplay experience that has captivated players since its release. Unlike traditional video games, Half-Life: Alyx is designed exclusively for VR headsets. This means that players