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.
Services
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
Microsoft recently faced backlash from the US Federal Trade Commission regarding the changes made to their Game Pass subscription service. The FTC claimed that the new changes resulted in a “degraded” experience for consumers, highlighting potential consumer harm following the Activision Blizzard acquisition. However, Microsoft has strongly refuted these claims, labeling the FTC’s allegations as
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 ramifications of a recent software update by CrowdStrike, a global security software provider, have been felt far and wide. Businesses and organizations across Australia and overseas are experiencing major IT outages as a result of the update. The CrowdStrike Falcon platform, which is used for security monitoring on desktop computers and notebooks, appears to
The technology world was shaken recently by a massive Blue Screen of Death (BSOD) issue caused by a faulty update from cybersecurity provider CrowdStrike. This problem has affected thousands of Windows machines globally, impacting a wide range of businesses from banks and airlines to TV broadcasters and supermarkets. The issue has forced many PCs and
Artificial Intelligence (AI) is not just a buzzword in the tech world, but it is also making waves in the food industry. From self-checkout kiosks to AI ordering in drive-thru lanes, the food sector is embracing this innovative technology to enhance customer experience and reduce costs. As consumers grapple with food inflation and changing spending
Apple recently unveiled a preview version of its highly anticipated iOS 18 update, providing users with a glimpse of the exciting new features that will accompany the release of the latest iPhones this fall. The iOS 18 public preview serves as a beta version of the software, allowing both Apple enthusiasts and developers to test
The European Union recently made headlines by formally accusing Company X of breaching regulations outlined in the Digital Services Act (DSA). This marks a significant milestone as it is the first time a company has faced such allegations during the preliminary findings phase of the EU’s investigatory process. The EU’s investigation unearthed several key issues
The story of Japanese eSports gamer Mashiro, who is blind, sheds light on the potential of artificial intelligence (AI) to improve accessibility for people with disabilities. Mashiro’s experience using the latest version of the AI chatbot ChatGPT during his journey to a Para eSports meet-up in Tokyo showcases how technology can enhance independence and inclusivity.