Sun.Jul 07, 2024

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Microsoft Initiates Fresh Round of Layoffs to “Streamline Its Workforce”

IT Toolbox

Microsoft has initiated a fresh round of layoffs in an ongoing effort to streamline its workforce. The layoffs may be part of a broader company strategy. Learn more about the layoffs and the possible reasons. The post Microsoft Initiates Fresh Round of Layoffs to “Streamline Its Workforce” appeared first on Spiceworks Inc.

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Big Tech needs to generate $600 billion in annual revenue to justify AI hardware expenditure

TechSpot

Analyst at Sequoia Capital, David Cahn, noted last September that there was a very significant gap between the revenue expectations implied by the AI infrastructure build-out and the actual revenue growth in the AI ecosystem. He estimated that the annual AI revenue required to pay for their investments was $200 billion.

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Week in Review: Most popular stories on GeekWire for the week of June 30, 2024

GeekWire

Get caught up on the latest technology and startup news from the past week. Here are the most popular stories on GeekWire for the week of June 30, 2024. Sign up to receive these updates every Sunday in your inbox by subscribing to our GeekWire Weekly email newsletter. Most popular stories on GeekWire Microsoft lays off employees in new round of cuts Microsoft conducted another round of layoffs this week in the latest workforce reduction implemented by the Redmond tech giant this year. … Re

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Upcoming Apple iPad models hinted in code leak, including a new iPad Mini and M5 Pro sporting model

TechSpot

Recently discovered backend code has possibly revealed several upcoming iPad models from Apple, even though it recently introduced the iPad Pro 2024, which sports the cutting-edge M4 chip, and two sizes of the iPad Air 2024. The code was discovered by Nicolás Álvarez and published by Aaronp613 on X.

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Launching LLM-Based Products: From Concept to Cash in 90 Days

Speaker: Christophe Louvion, Chief Product & Technology Officer of NRC Health and Tony Karrer, CTO at Aggregage

Christophe Louvion, Chief Product & Technology Officer of NRC Health, is here to take us through how he guided his company's recent experience of getting from concept to launch and sales of products within 90 days. In this exclusive webinar, Christophe will cover key aspects of his journey, including: LLM Development & Quick Wins 🤖 Understand how LLMs differ from traditional software, identifying opportunities for rapid development and deployment.

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Baresquare launches first agentic AI manager for ecommerce revenue optimization

Dataconomy

Baresquare , an AI-powered data analytics platform, today announced the launch of its next generation platform, including the industry’s first fully autonomous ecommerce AI agent called Tywin. Tywin redefines ecommerce workflows by swiftly handling tasks that once took hours, completing them in minutes, and autonomously executing recommended actions to optimize revenue.

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A record 10 billion passwords were just posted to a popular hacking forum

TechSpot

Last week, a user going by the handle "ObamaCare" posted what cybersecurity experts believe to be the largest compilation of passwords ever posted to a hacking forum. The file, titled rockyou2024.txt, contains 9,948,575,739 unique plaintext passwords. ObamaCare has a history of leaking data, including an employee database from the law.

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NASA snaps images of an asteroid large enough to have a moon of its own

TechSpot

Initially discovered in 2011 by the NASA-funded Catalina Sky Survey in Tucson as it passed by, this giant space boulder is estimated to be around a mile wide. But this time it flew past close enough to be imaged by radar. The real surprise, though, was the tiny moon orbiting.

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Extending AI innovation to the edge

CIO Business Intelligence

With AI at the epicenter of innovation today, bringing AI into Industry 4.0 has become a powerful solution to existing challenges that have plagued businesses. From plant automation and predictive maintenance in manufacturing to delivering hyper-personalized shopping experiences in retail, edge AI offers a range of possibilities and encourages innovation across industries.

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