• Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises

    Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
    Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoilShares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed that profits had surged in the last quarter.Sundar Pichai, CEO, hailed the transition to artificial intelligence as a “once-in-a-generation opportunity” as his company races to integrate the technology across its business. Continue reading...
  • Alphabet revenue rises amid AI push and staff turmoil

    Alphabet revenue rises amid AI push and staff turmoil
    Company beat Wall Street expectations and posted a revenue of $80.5bn, up 15% since last year, after internal and external unrestGoogle’s push to integrate artificial intelligence into all of its offerings – both consumer-facing products like Google Docs and enterprise products – is boosting investors’ confidence. Google’s parent company, Alphabet, reported earnings that exceeded expectations Thursday. The company also issued its first ever dividend, buying back $70
  • This IEEE Society’s Secret to Boosting Student Membership

    This IEEE Society’s Secret to Boosting Student Membership
    What’s a secret to getting more students to participate in an IEEE society? Give them a seat at the table so they have a say in how the organization is run. That’s what the IEEE Robotics and Automation Society has done. Budding engineers serve on the RAS board of directors, have voting privileges, and work within technical committees. “They have been given a voice in how the society runs because, in the end, students are among the main beneficiaries,” says Enrica Tricomi,
  • Moderna Employees Should Use ChatGPT at Least 20 Times a Day, CEO Says

    Moderna Employees Should Use ChatGPT at Least 20 Times a Day, CEO Says
    One of the world’s top vaccine-makers is partnering with a major AI company to advance medicine — and its chief executive is excited.Read more...
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  • Can we really trust AI to channel the public’s voice for ministers? | Seth Lazar

    Can we really trust AI to channel the public’s voice for ministers? | Seth Lazar
    Large-language models such as ChatGPT are still liable to distort the meaning of what they are summarisingSeth Lazar is a professor of philosophy at the Australian National University and a distinguished research fellow at the Oxford Institute for Ethics in AIWhat is the role of AI in democracy? Is it just a volcano of deepfakes and disinformation? Or can it – as many activists and even AI labs are betting – help fix an ailing and ageing political system? The UK government, which lov
  • Meta value falls $190bn as investors react to plan to increase spending on AI

    Meta value falls $190bn as investors react to plan to increase spending on AI
    Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from productsBusiness live – latest updatesShares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off the value of the Facebook and Instagram parent company, as investors reacted to a pledge to ramp up spending on artificial intelligence.Mark Zuckerberg, Meta’s founder and chief executive, said on a conference call on Wednesday that spending on