Shares in Meta, the company behind Facebook, WhatsApp, and Instagram, plummeted over 15% in after-hours trading in New York following the announcement of increased spending on artificial intelligence (AI), despite the firm's strong earnings report.
Technology Pick
Youtube Testing 'Jump Ahead' AI-Powered Feature
YouTube has rolled out a new AI-powered feature called 'Jump Ahead,' exclusively available to Premium members.
VR Training Redefines Pediatric Care for the Future of Nursing
A recent study, detailed in the American Journal of Critical Care, shed light on the transformative impact of VR training on newly graduated nurses' ability to recognize and assess respiratory distress in critically ill pediatric patients.
Samsung’s Comeback in the Smartphone Market
After enduring a prolonged slump, the smartphone sector is now experiencing a resurgence, with Samsung reclaiming its position as the leading smartphone seller. In the first quarter of this year, worldwide smartphone shipments grew by nearly 8%, reaching a total of 289.4 million units.
A New Era of Comfort and Wellness on Wheels: Automotive Healthcare Innovations
Projections indicate that by 2027, the automotive healthcare market is poised to surpass USD 10 billion USD.
Apple Explores AI-Powered Personal Home Robots
After significant adjustments to Apple's product roadmap over the past year, the tech giant is now delving into the potential development of personal home robots driven by AI.
AlphaFold 3 Revolutionizes Molecular Biology and Drug Discovery
Google DeepMind has introduced "AlphaFold 3," a tool engineered to revolutionize the development of medications and disease targeting in molecular biology.
Rebirth of the Global PC Market: Bouncing Back After a Two-Year Decline
The global traditional PC market has recovered from a two-year downturn in the first quarter of 2024 (Q1‘24) with 59.8 million shipments, up 1.5% year-over- year. This resurgence was aided by favorable year-over-year comparisons, with the market falling 28.7% in the first quarter of 2023.
Why Labeling AI-Generated Content is a Must
GenAI’s capacity to generate realistic content in a relatively short time has benefitted business of all kinds; however, its negative impact on transparency and authenticity has left the world in limbo.
Intel Unveils New Chip in Bid for AI Dominance
Intel has unveiled details about its new artificial intelligence (AI) chip—the Gaudi 3—designed to enhance the performance of generative AI (GenAI) in enterprise settings.