Broadcom shares plunge as AI hopes fade

Broadcom’s revenue forecast failed to meet investor expectations, leading to a significant drop in stock prices despite an increase in AI chip sales projections. Analysts express concerns about Broadcom’s reliance on a few major clients for its custom AI chips, contributing to uncertain growth prospects. OUR TAKEThe decline in Broadcom’s shares highlights the challenges faced…

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How LLMs became the first generally accessible AI technology

Large Language Models are accessible through various platforms, making AI technology available to a broad audience. The interfaces of LLMs allow non-technical users to interact with advanced AI without needing programming skills. LLMs enable individuals from diverse backgrounds to access information and tools previously limited to tech-savvy users. The emergence ofLarge Language Modelsmarks a significant…

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Amazon’s Alexa gets a smart makeover

Amazon is revamping Alexa by utilising Anthropic’s Claude AI to enhance its capabilities and charge users for a subscription service. The company faces challenges with its current Alexa performance, as past in-house models struggled to deliver timely and coherent responses. OUR TAKEAmazon’s decision to partner with Anthropic for Alexa’s upgrade reflects the growing trend of…

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EU seeks feedback on Google’s fair competition proposals

European antitrust authorities will seek feedback on Google’s proposals to comply with fair competition rules next week, which could determine if the company faces formal charges. Google has suggested creating separate sections for competitors in search results, while the EU holds workshops from 9 to 11 September to gather stakeholder opinions, excluding Google from participation….

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Interview with Chen Jiaquan, head of Antwork’s Deqing area: ‘We don’t just deliver packages, we save lives’

Chen Jiaquan, the city manager of Antwork’s Deqing area, is driving innovation in drone logistics for food delivery and medical supply transport. Antwork specialises in emergency response, smart healthcare, postal services, and instant delivery, using drones to overcome traditional logistics challenges. Chen emphasises the importance of technology, collaboration, and innovation in expanding drone logistics, showcasing…

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What are AI algorithms?

Artificial intelligence relies heavily on algorithms to process data, make decisions, and solve problems. AI algorithms guide the steps the system follows to perform tasks such as pattern recognition, data analysis, and decision-making, depending on the specific AI application. Algorithms are at the core ofAIsystems, providing the instructions and rules that the machine follows to…

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Kim Jong Un pushes AI drones and economic development

Kim Jong Un emphasises the integration of AI in developing “suicide drones” for military use. He also oversees the national “20×10” project aimed at constructing modern facilities to boost the economy and living standards. OUR TAKENorth Korea’s focus on advancing military technology while simultaneously pursuing economic development is a significant strategy. This dual approach may…

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Elon Musk backs California bill to regulate AI

Elon Musk advocates for California’s SB 1047 AI safety bill, citing the need for tech regulation. SB 1047 is criticised by tech giants for being vague and potentially restrictive, while its author cites preventing catastrophic AI misuse. OUR TAKEElon Musk is advocating for California’s SB 1047 bill, which would mandate safety testing for AI models. He…

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