Lifeboat Foundation

Spotify made a name for itself in the audio-streaming business through its hyper-personalized user experience, thanks to artificial intelligence and a team of 9,800 staffers at the end of 2022.

But after three rounds of layoffs in one year: 590 positions in January, 200 in June, and another 1,500 this week, Spotify’s investments into AI to boost margins for its podcasting and audiobook divisions look like a complete overhaul in strategy that Wall Street seems confident can work.

“Spotify is leveraging AI across its platform, launching AI DJ, simulating a traditional radio experience, in 50 additional markets and rolling out AI Voice Translation for podcasts,” said Justin Patterson, equity research analyst at KeyBanc Capital Markets, in a research note. “Coupled with audiobooks rolling out to Premium Subscribers, we believe Spotify has several opportunities to drive engagement and eventually stronger monetization.”

Continue reading “Spotify slashes staff to move faster into AI — and Wall Street loves it” »

At the end of last year, we published a list of 10 predictions for the world of artificial intelligence in 2023.

Let’s revisit our 2023 predictions for AI to see how things actually played out.

The office is no longer just a cubicle— but it’s also not a children’s playground.

Corporate giants often hold pride in their headquarters, its design, and its acclaim among contemporaries. Chinese tech giant Tencent is set to redefine this corporate landscape with plans for its new headquarters, Tencent Helix.

Continue reading “Tencent’s futuristic new headquarters is twice the size of Apple’s” »

In the exercise, an engineer equipped with a set of virtual reality (VR) goggles is orchestrating the robot’s actions.

Advanced proposition.

Continue reading “IHMC’s Nadia: A task-ready humanoid robot with a boxing edge” »

“This architecture means Australia could develop its own sovereign chip manufacturing without exclusively relying on international foundries for the value-add process.”

Researchers at the University of Sydney Nano Institute have introduced a compact silicon semiconductor chip that seamlessly integrates electronics with photonic components. The innovation promises to significantly expand radio-frequency (RF) bandwidth and the ability to accurately control information flowing within the chip.

The chip, built using cutting-edge silicon photonics technology, boasts integration capabilities for diverse systems on semiconductors less than 5 millimeters wide. Pro-Vice-Chancellor (Research) Professor Ben Eggleton described the process as akin to assembling Lego building blocks, where new materials are integrated through advanced packaging of electronic ‘chiplets’, in a statement.

Continue reading “Sydney researchers debut new lego-style chip with enhanced bandwidth” »

Fairphone promises five Android version upgrades and at least eight years of security updates to achieve a total lifespan of a decade. Whether its performance will remain adequate for all users’ needs throughout that time remains to be seen.

What the industry can learn

In a world dominated by disposable electronics, the Fairphone 5 stands out. The Fairphone 5 offers a different excitement – the thrill of a phone built to last. With its modular design, long-term software support, and commitment to sustainability, the Fairphone 5 is a game-changer for anyone who wants a smartphone that’s both good for their pocket and the planet. While the EU is pushing for a removable battery for all smartphones by 2027, making USB-C already a standard, more needs to be done.

Flow battery charges using solar or wind power, converting salt to safe electrolytes, which can be easily reversed for green power when needed.

Norwegian power heavyweight supports Aquabattery, a startup pioneering an innovative long-duration energy system.

The greater the ability of a CEO to develop and execute firm strategy, the more valuable they become when quick decision-making is vital to that firm’s survival.

Still agi could be a big problem because it could have 1 million iq and we barely have 140 iq maximum.

AI researcher Geoffrey Hinton, widely regarded as the “Godfather of AI,” is worried that AI might take over the world one day.