Microsoft’s new ‘Volumetric Apps’ for Quest headsets extend Windows apps into the 3D space

techcrunch.com Microsoft announced on Tuesday during its annual Build conference that it’s bringing “Windows Volumetric Apps” to Meta Quest headsets. The partnership will allow Microsoft…

There Are Hidden Giants Investing In The Bitcoin ETFs: Bitwise

cryptopotato.com Bitwise executives have secret information about massive financial players who are investing in BTC – but they won’t specify which ones. During an interview published on…

Is China hacking undersea cables? What we know

newsweek.com U.S. officials are worried undersea communications cables, through which flows 95 percent of the world's online traffic, are under threat the Asia-Pacific. The Biden…

Simplify Your Investing: 3 Stocks That Can Anchor the Optimal Portfolio

investorplace.com Stick with these tech and healthcare sector stalwarts for long-term stability Trying to strike a balance between growth and stability is tough. On the one hand, you could…

MMAT Stock Surges as Lawyers Back Up Naked Shorting Allegations

investorplace.com Specialty components manufacturer Meta Materials (NASDAQ:MMAT) — which focuses on various functional materials and nanocomposites — saw its shares rise dramatically on…

Tech companies are voluntarily agreeing to an AI ‘kill switch’ to prevent Terminator-style risks as some regulators remain hesitant to flex their legal muscles

fortune.com There’s no stuffing AI back inside Pandora’s box—but the world’s largest AI companies are voluntarily working with governments to address the biggest fears around the…

Amazon, Meta back Scale AI in $1B funding deal that values firm at $14B

aol.com Artificial intelligence startup Scale AI said Tuesday that it has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion —…

The ‘vote Trump’ spam that hit Bluesky in May came from decentralized rival Nostr

techcrunch.com Decentralized social networks aren’t immune to botnet-driven spam, as a recent spam attack on Bluesky demonstrates. Earlier this month, a flood of posts reading “remember to…

What Nvidia says about AI chip demand could matter for more than just the tech trade

finance.yahoo.com Artificial intelligence enthusiasm has been spreading across the stock market. Wednesday night's Nvidia (NVDA) earnings call will mark a year since the chipmaker first…

3 Metaverse Stocks to Buy on the Dip: May 2024

investorplace.com Here are just a few top metaverse stocks to buy on weakness Don’t count Metaverse stocks to buy out just yet. Meta Platforms (NASDAQ:META) is shifting its focus on building…

Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion

cnbc.com Artificial intelligence startup Scale AI said Tuesday that it has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion —…

The age of the unicorn is over

economist.com Business has never been better for America’s tech giants. After slumping in 2022, the combined market value of Alphabet, Amazon, Apple, Meta and Microsoft has surged by 70%,…

Should you put all your savings into stocks?

economist.com Less than two months of 2024 have passed, but the year has already been a pleasing one for stockmarket investors. The S&P 500 index of big American companies is up by 5%,…

The dividend is back. Are investors right to be pleased?

economist.com Meta celebrated its 20th anniversary this week as all good and mature businesses should: by paying shareholders a dividend. In lieu of a birthday bash, the Silicon Valley…

WitnessAI is building guardrails for generative AI models

techcrunch.com Generative AI makes stuff up. It can be biased. Sometimes, it spits out toxic text. So can it be “safe”? Rick Caccia, the CEO of WitnessAI, believes it can. “Securing AI…

Google is letting retailers include 3D images in AI-generated ads

cnbc.com Google announced Tuesday that it will be giving advertisers the ability to create immersive visuals in their promotions using generative artificial intelligence, as the…

Microsoft unveils GPT-4o for Azure, new AI apps in fight against Google, Amazon

aol.com on Tuesday debuted a host of new AI features during its Build conference in Seattle, including OpenAI’s new GPT-4o, a trio of small language models, and Microsoft’s new…

Tech companies join to make commitment to safety at AI Seoul Summit

euronews.com The agreement by 16 tech companies comes as a second AI safety summit is being held this week in South Korea. Tech companies have agreed on a set of safety commitments on…

Google, Meta, Microsoft, Others Agree on AI ‘Red Lines’

asiafinancial.com Sixteen global tech giants, including Alphabet’s Google, Meta, Microsoft and OpenAI, have vowed to commit themselves to the safe development of AI. The pledge, which also…

Shopify overturns $40m patent infringement verdict

finance.yahoo.com E-commerce giant Shopify has scored a legal victory after a Delaware, US, federal court overturned a jury's decision that required the company to pay $40m for patent…

Tech Against Scams, a coalition to fight “pig butchering” ploys with better industry coordination, launches with Meta, Coinbase, Match, Kraken, others on board

fortune.com Bad people who prey on those looking for love, or hoping to make a quick buck, have been around since biblical times. But in recent years, the rise of three newer…

AI Startup Scale Secures $1B From Investors Including AMD, Amazon & Meta, Doubling Valuation To $13.8B

benzinga.com Scale AI Inc. has announced that it has closed a $1 billion financing transaction at a $13.8 billion valuation. The financing was led by existing investor Accel with nearly…

Prepare your audits: EU Commission approves first-of-its-kind AI Act

theregister.com The EU Council has given final approval to the bloc's landmark AI Act, setting the stage for enactment of a benchmark first-of-its-kind AI law across Europe. The EC…

'AI demand train running at full speed': Here's what Wall Street expects from Nvidia's 1st-quarter earnings

aol.com None Nvidia will report its first-quarter earnings results after the market close on Wednesday. • None Wall Street expects a continued increase in Nvidia's AI chip sales…

Market Clubhouse Morning Memo - May 21st, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)

benzinga.com Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to…

Scoop: Google threatens to pause Initiative funding in U.S

axios.com Google is warning nonprofit newsrooms that passage of a new California bill would jeopardize the firm's future investments in the U.S. news industry, sources told Axios. Why…

Mainstream Finally Gets It... The AI Investment Play Isn't Tech, It's Energy

zerohedge.com Mainstream Finally Gets It... The AI Investment Play Isn't Tech, It's Energy Almost two months ago, we highlighted what we called at the time 'The Next AI Trade' - that in…

Scale AI Raises $1 Billion at Nearly $14 Billion Value

pymnts.com Scale AI raised $1 billion in a funding round that valued it at $13.8 billion. The company announced the Series F round in a Tuesday (May 21) blog post, saying it would use…

Meta Joins AI Safety Collective To Ensure Responsible Development

socialmediatoday.com As it continues to develop more advanced AI models, and work towards automated general intelligence (AGI), Meta is also keen to establish best practice guardrails and safety…

Global AI leaders agree to safety rules at Seoul summit

siliconrepublic.com UK prime minister Rishi Sunak, said the AI Seoul Summit is a ‘world first’ which brings together leading companies from across the world, including the US, China and the…

Instagram Tests Recent Stories Highlights on User Profiles

socialmediatoday.com While social platforms continue to drift away from the “social” elements, and more towards entertainment, the platforms also know that engagement still remains key to making…

Meta and Coinbase link up with Match to fight pig-butchering, romance scams

aol.com Bad people who prey on those looking for love, or hoping to make a quick buck, have been around since biblical times. But in recent years, the rise of three newer…

WhatsApp Adds New Color and Font Options in Status

socialmediatoday.com WhatsApp’s added some new creative options for its Stories… sorry, “Status” option, providing more ways to customize your ephemeral updates. As you can see in this example,…

Nvidia is talk of the town at AI events leading into this week’s earnings

cnbc.com At the start of last week, OpenAI's technology chief personally thanked Nvidia CEO Jensen Huang for "bringing us the most advanced" chips needed to run the demo for a…

There are a lot of North American small-caps and mid-caps to choose from and Mawer Investment’s Jeff Mo is a whiz at picking them

theglobeandmail.com When Jeff Mo showed interest in the stock market as a teenager, his parents let him pick some investments for a slice of their retirement savings plan. Unfortunately, those…

Scale AI valued at $14 billion in Nvidia, Amazon-backed funding round

aol.com May 21, 2024 at 7:38 AM (Reuters) -Scale AI said on Tuesday it had raised $1 billion in a late-stage funding round led by venture capital firm Accel with participation from…

Rumble Stock Gets Ready to Rumble in its Second Quarter

marketbeat.com After building up its core product portfolio, the video-sharing platform Rumble Inc. NASDAQ: RUM has been gearing up to accelerate its monetization. Rumble prides itself on…

Tech Companies Announce A New Coalition To Fight Online Fraud & Pig Butchering Scams

benzinga.com Tech Against Scams includes leading tech firms, Match Group, Coinbase, Meta, and Ripple who will work together to help prevent and disrupt financial scams throughout the…

Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B

techcrunch.com Scale AI, a company that provides data-labeling services for training machine learning models, has raised a $1 billion Series F round from a slew of big-name institutional…

Meta, Match, Coinbase and others team up to fight online fraud and crypto scams

techcrunch.com Hosting scams on your platform is bad for business, which is why on Tuesday, a group of major tech companies including Match Group, Meta, Coinbase and others are jointly…

Arista Networks Advances the Era of AI and Microperimeters

marketbeat.com Arista Networks Inc. NYSE: ANET is a leading networking company that provides hardware and software-defined networking solutions to data centers and enterprises. Arista has…

The unusual hobbies of Tim Cook, Mark Zuckerberg, Jeff Bezos and more

aol.com May 21, 2024 at 5:33 AM • None The leaders of tech's biggest companies have some interesting hobbies. • None Activities include gaming, working out, or — in Bill Gates' case…

I became a data analyst and grew my salary 5x without working in Big Tech. Non-tech companies offer more flexibility and less stress

businessinsider.com Charlotte Chaze went from making $28,000 to $158,000 in four years after becoming a data analyst. Heart & Rae Photography Charlotte Chaze is a 33-year-old former data…

Dell Technologies building AI Factory with Nvidia, growing AI efforts with Hugging Face, Meta and Microsoft

venturebeat.com Dell Technologies is growing its generative AI capabilities with a series of new capabilities announced today at the annual Dell Technologies World conference. The Dell AI…

2 Unstoppable "Magnificent Seven" Stocks to Buy and Hold Forever

finance.yahoo.com The so-called "Magnificent Seven" stocks aren't all hype. This group of tech leaders has made it a habit to deliver market-beating returns. That's why they have earned the…

North Korean IT workers are getting good at tricking U.S. companies

axios.com North Korean IT workers are posing as Americans to score coveted remote jobs and use the salaries to pay for their country's missile program. Why it matters: Remote hiring…

Nvidia shares could soar as traders eye first-quarter earnings

euronews.com Nvidia is set to release its first-quarter earnings for the fiscal year 2025 this week. Investors will be particularly focused on the performance of its data centre. The US…

World leaders plan new agreement on AI at virtual summit co-hosted by South Korea, UK

apnews.com World leaders are expected to adopt a new agreement on artificial intelligence when they gather virtually Tuesday to discuss AI’s potential risks but also ways to promote…

Coal Still Powers More U.S. Electricity Than Any Renewable Energy Source

nakedcapitalism.com Yves here. Aside from the headline point that King Coal is not going away as quickly as some would like, further down this piece contains additional points that will not…

Big Tech is not much help when fighting a junta, nor is FOSS

theregister.com Big Tech isn't much help if you're an activist trying to work against a military junta, and FOSS tools aren't a great alternative either, according to opponents of Myanmar's…

Vox launches subscription program as news publishers race to diversify revenue streams

aol.com Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Vox…

Meta's Oversight Board Hears First 'Threads' Case

mediapost.com In determining how Threads will deal with the concept of freedom of speech, Meta’s Oversight Board is now expanding its duties as it begins overseeing cases for the tech…

Meta And Amazon Join Frontier Model Forum For AI Safety

mediapost.com To help promote the creation of a safer and more accountable artificial intelligence (AI) ecosystem, Meta and Amazon have joined the Frontier Model Forum (FMF), an…

Revealed: Meta approved political ads in India that incited violence

theguardian.com The Facebook and Instagram owner Meta approved a series of AI-manipulated political adverts during India’s election that spread disinformation and incited religious…