OpenAI recently introduced a new AI model, GPT-4o, alongside a desktop version of ChatGPT. This update not only includes enhanced features but also aims to make the chatbot more accessible to users. According to OpenAI’s technology chief, Mira Murati, GPT-4o is significantly faster and boasts improved capabilities in handling text, video, and audio interactions. The
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SoftBank recently reported a 724.3 billion Japanese yen gain on its Vision Fund for the fiscal year ending in March, marking the first time the tech investment arm has been in profit since 2021. The Vision Fund segment posted a profit of 128.2 billion yen for the full fiscal year, a positive swing from the
Recently, a federal judge in California made a significant decision to dismiss a lawsuit filed by X, previously known as Twitter, against Israel’s Bright Data. The lawsuit centered around the controversial practice of data scraping, where automated programs extract public online data for various purposes. X accused Bright Data of scraping its data and selling
On Friday, climate protesters in Germany expressed their anger towards Tesla’s plans to expand its Berlin-Brandenburg Gigafactory by attempting to break into the plant. Local police reported that multiple unauthorized individuals were trying to enter the Tesla factory grounds, leading to a dynamic situation with various roadblocks in the area due to the demonstrations. Since
In a move to address the recent cybersecurity breaches involving Microsoft’s software, a House committee has requested the presence of Brad Smith, the company’s top lawyer, for a hearing scheduled later this month. The exploits have led to hackers gaining access to sensitive emails of U.S. government officials, raising concerns about the vulnerability of Microsoft’s
The semiconductor industry is facing intense competition, with companies like Semiconductor Manufacturing International Corporation (SMIC) struggling to meet profit expectations. SMIC noted during its earnings call that competition in the industry is becoming increasingly fierce, leading to pricing pressure on commodity products. This trend is creating challenges for companies like SMIC, which are trying to
Activist Politan Capital has recently made it clear that they are not backing down from their fight to gain board representation at Masimo. Despite Masimo’s offer to add one of Politan’s nominees to their board, Politan has pushed back, demanding two board seats for their nominees, William Jellison and Darlene Solomon. This move comes as
Reddit shares saw a significant 14% increase in after-hours trading following the release of its quarterly results since going public in March. Despite reporting a loss per share of $8.19, which was slightly lower than the anticipated $8.71 loss, the company managed to exceed revenue expectations. With a revenue of $243 million, Reddit outperformed the
Food waste is a pressing issue in the United States, with a significant portion of produced food ending up in landfills instead of being consumed. This not only leads to wasted resources but also contributes to climate change. However, recent studies have shown that food delivery services can play a crucial role in reducing food
Palantir, the defense tech firm known for its big-data and artificial intelligence software, experienced a significant drop in share value after reporting weaker-than-expected guidance. Despite meeting earnings per share expectations, the company fell short on revenue figures, causing shares to fall by approximately 7% in extended trading on Monday. Looking ahead, Palantir expects second-quarter revenue
