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Archive for the ‘business’ category: Page 71

Mar 3, 2023

Tesla’s investor day showed it is ‘one generation ahead’ of rival automakers in EV race, former Ford CEO says

Posted by in categories: business, sustainability, transportation

The company also showcased other executives, which could alleviate concern that Musk has been too distracted by his other business ventures. They also talked about “meat and potato” topics like cutting costs, improving margins, and EV-charging infrastructure.

The keys to winning the EV race will come down to product appeal, software or user interface, controlling cost, and consistent execution, he said.

“And Tesla right now is one generation ahead of the other automakers,” Fields said, though rivals like Ford and Hyundai are making a lot of progress. “Tesla still has the leg-up on the competition, and I think they demonstrated that yesterday.”

Mar 3, 2023

Will ChatGPT Take Away IT Coding Jobs? Narayana Murthy Answers Here

Posted by in categories: business, cryptocurrencies, employment, finance, transportation

‘Losing jobs to ChatGPT will never happen. The human mind is the most flexible instrument — so what you should do is, use ChatGPT as the base and then show your creativity!’ says Infosys Founder NR Narayana Murthy on whether ChatGPT is likely to take away coders’ jobs. Speaking to the press on the sidelines of the Nasscom Technology and Leadership Forum, Narayan Murthy said, “In 1977–78 there was a thing called program generators. Everybody said the youngsters will lose all jobs, it didn’t happen… The human mind is the most flexible instrument. It can adapt very well. And all that happened was people start solving bigger and bigger problems, which these program generators could not handle.” Murthy said that ChatGPT is good and one should welcome it…

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Mar 3, 2023

Tesla Day: ‘Optimus’ AI robots may outnumber humans in future, claims Elon Musk

Posted by in categories: business, Elon Musk, robotics/AI, transportation

AI-powered robots will be a bigger business than cars, says the business magnet.

Tesla CEO, Elon Musk, has announced the company’s latest development in AI-powered robots during Tesla’s Investor Day event. Musk said the company’s robot, known as “Optimus,” may outnumber humans in the future. This news has created a buzz in the tech community, as many are eager to see how Tesla’s latest innovation will shape the future of automation.

Continue reading “Tesla Day: ‘Optimus’ AI robots may outnumber humans in future, claims Elon Musk” »

Mar 1, 2023

Coming soon: The Quantum Revolution

Posted by in categories: business, computing, quantum physics, security

We’ll send you a myFT Daily Digest email rounding up the latest Tech Tonic news every morning.

In a new season of Tech Tonic, FT tech journalists Madhumita Murgia and John Thornhill investigate the race to build a quantum computer, the impact they could have on security, innovation and business, and the confounding physics of the quantum world.

Mar 1, 2023

OpenAI launches an API for ChatGPT, plus dedicated capacity for enterprise customers

Posted by in categories: business, robotics/AI

To call ChatGPT, the free text-generating AI developed by San Francisco-based startup OpenAI, a hit is a massive understatement.

As of December, ChatGPT had an estimated more than 100 million monthly active users. It’s attracted major media attention and spawned countless memes on social media. It’s been used to write hundreds of e-books in Amazon’s Kindle store. And it’s credited with co-authoring at least one scientific paper.

But OpenAI, being a business — albeit a capped-profit one — had to monetize ChatGPT somehow, lest investors get antsy. It took a step toward this with the launch of a premium service, ChatGPT Plus, in February. And it made a bigger move today, introducing an API that’ll allow any business to build ChatGPT tech into their apps, websites, products and services.

Mar 1, 2023

Elon Musk plans chatbot to combat Microsoft ‘controlled’ ChatGPT

Posted by in categories: business, Elon Musk, robotics/AI

The business magnet is trying to hire an AI expert who recently left Alphabet, Google’s parent company.

Elon Musk is working on a “new research lab to develop an alternative to ChatGPT,” OpenAI’s chatbot, which he co-founded earlier and later “cut ties” with.

The tech billionaire has reached out to AI researchers in recent weeks to develop a ChatGPT “alternative,” The Information, a technology news website, reported on Monday, citing sources close to the matter.

Mar 1, 2023

Classiq, Microsoft Team on Quantum Computing for Academia

Posted by in categories: business, computing, education, information science, quantum physics

In an interview with EE Times, Classiq CEO Nir Minerbi said Classiq’s academic program is an essential part of its broader strategy to expand the platform’s reach and promote the quantum computing business.

“We believe that offering this program will give students the tools and knowledge they need to learn practical quantum software-development skills while also providing researchers with a streamlined means of developing advanced quantum computing algorithms capable of taking advantage of ever more powerful quantum hardware,” he said. “In addition, our program enables students and researchers to test, validate and run their quantum programs on real hardware, providing valuable real-world experience. Ultimately, we think that our academic program will have a significant impact on the quantum computing community by promoting education and research in the field—and helping to drive innovation and progress in the industry.”

Classiq and Microsoft are among the top companies developing quantum computing software. The quantum stack developed by the firms advances Microsoft’s vision for quantum programming languages, which was published in the 2020 issue of Nature.

Feb 28, 2023

Beyond ChatGPT: 14 Mind-Blowing AI Tools Everyone Should Be Trying Out Now

Posted by in categories: business, robotics/AI

Artificial Intelligence (AI) is going through something of a “hot topic” moment, as applications such as ChatGPT show the world just how powerful and capable it is becoming. The emergence of this new breed of “generative” AI tools has made it clear in recent months that it is no longer something that is only important in the realm of academic research or Silicon Valley tech giants.

And far from simply being the latest “viral sensation,” AI has truly become a technology that any business or individual can leverage to revolutionize the way they work or go about any number of day-to-day activities.


AI tools are becoming accessible to any business or individual, transforming the way they work. The technology is no longer just for academics or tech giants, so here we look at some of the top tools everyone should be trying out.

Continue reading “Beyond ChatGPT: 14 Mind-Blowing AI Tools Everyone Should Be Trying Out Now” »

Feb 27, 2023

Nokia’s logo change in the bigger picture

Posted by in categories: business, mobile phones

Nokia’s legacy as a traditional mobile phone maker is over, and its new focus is on networks and industrial digitalization.

No more Nokia phones. On Sunday, the Finnish maker announced plans to rebrand its identity for the first time in almost six decades.

“There was the association to smartphones, and nowadays we are a business technology company,” Chief Executive Pekka Lundmark told Reuters in an interview.

Feb 27, 2023

Former Adobe CTO Raises $65 Million To Help Businesses Generate Marketing Content With AI

Posted by in categories: business, robotics/AI

Abhay Parasnis, the former chief technology officer of Adobe, wants to use AI powered by OpenAI, Stable Diffusion and computer vision models to help companies churn out branded content. His startup Typeface, which he launched in June 2022, has now raised $65 million in Series A financing to continue building out its generative AI platform for marketing and communication content such as blog posts, Instagram posts, websites and job postings on LinkedIn.

One of the challenges businesses face, Parasnis says, is that the skills needed for marketing can take years to acquire, which can make finding the right people challenging.


Typeface is a platform trained on ChatGPT and Stable Diffusion models that can generate personalized blogs, Instagram posts and websites for companies.

Continue reading “Former Adobe CTO Raises $65 Million To Help Businesses Generate Marketing Content With AI” »

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