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Texas-based Venus Aerospace is working with rotating-detonation propulsion technology to turn the âStargazerâ from sci-concept to Mach-9 business jet that flies at 11110km/h.
By Michael Verdon 02/05/2023
Category: business – Page 78
In a recent presentation, Tesla said that it was working to eliminate rare Earth magnets from its EVs over supply and toxicity concerns.
In a major move, Tesla is looking to rid its electric vehicles of rare Earth minerals, potentially eliminating the biggest environmental concern over the increasing number of EVs on the road.
The surprise announcement came during Teslaâs Master Plan 3 Investor event where the company outlined its business strategy for the next few years.
Tesla.
AI is having its moment on tech earnings calls for the second consecutive quarter, following the widely popular launch of OpenAIâs ChatGPT in late November. But not every company has the same plans for the new technology.
Nvidia (NVDA) is selling AI powered supercomputers. Microsoft (MSFT) is integrating ChatGPT into its search engine to compete with Google (GOOGL), which has its own AI searchbot.
Metaâs approach is slightly different. The core business for Meta since the early days of Facebook has been advertising sales, which still account for 98% of the companyâs quarterly revenue. So naturally, enhancing advertisements with AI is where Meta believes the new technology can be most impactful.
Sales teams have typically not been early adopters of technology, but generative AI may be an exception to that. Sales work typically requires administrative work, routine interactions with clients, and management attention to tasks such as forecasting. AI can help do these tasks more quickly, which is why Microsoft and Salesforce have already rolled out sales-focused versions of this powerful tool.
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Microsoft and Salesforce have already rolled out sales-focused versions of this powerful tool.
ChatGPT has been hitting the headlines since its debut and after passing exams at business and law schools. Now, most recently, the AI has nearly passed the US Medical Licensure Exam (USMLE) necessary to pursue medical practice within the US.
ChatGPT: Revolutionary AI
NDTV reports that Open. AI, which has been an investment recipient of Microsoft and Elon Musk, built the ChatGPT chatbot. ChatGPT specifically stands for âChat Generative Pre-Trained Transformerâ and is a bot that is language-based and that is capable of coming up with responses that mirror those of humans.
There is a new war happening online: the browser war. Tech companies everywhere are seeking to integrate AI in browsers in an attempt to please and attract users looking for the best possible search experience.
This is according to a new article by FOX Business published on Friday.
This phenomenon was amplified with Microsoftâs announcement earlier this year that it would roll out a new AI-powered version of its Bing search engine and Edge web browser that will incorporate OpenAIâs ChatGPT.
The quarterly reports by these tech behemoths show their efforts to increase AI productivity in the face of growing economic worries.
The US tech giants like Alphabet, Microsoft, Amazon, and Meta are increasing their large language model (LLM) investments as a show of their dedication to utilizing the power of artificial intelligence (AI) while cutting costs and jobs.
Since the launch of OpenAIâs ChatGPT chatbot in late 2022, these businesses have put their artificial intelligence AI models on steroids to compete in the market, CNBC reported on Friday.
The IT behemoths Alphabet, Microsoft, Amazon, and Meta are increasing their large language model (LLM) investments as a show of their dedication to utilizing the power of artificial intelligence (AI) while cutting costs and jobs.
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In March 2023, MIT Technology Review revealed that Sam Altman, the CEO of OpenAI (ChatGPT), was the mystery investor behind the $180 million investment into stealth startup Retro Biosciences, a biotech company with the ambition of âadding 10 years to the human lifespan.â This investment marks the latest tech entrepreneur expressing their interest in longevity science and a new connection with innovative AI technology.
According to February 2023 reports, AI is continuing to gain traction in healthcare applications. Currently, the market is estimated at $14.6 billion (USD) with a compound annual growth rate (CAGR) of 47.6%, with solutions spread across various healthcare fields, such as patient data and risk analysis, precision medicine, cybersecurity, lifestyle management, and drug discovery.
The increasing convergence of AI technology and longevity science is sparking advancements in the sector, with established businesses, start-ups, and researchers utilizing the technology. Most recently, scientists explored how ChatGPT, an AI-based language model, was able to predict Alzheimerâs in 80% of cases when analyzing speech. However, it is not the only implementation.
SAN FRANCISCO âNew Hampshire startup Light Steering Technologies won a $1.25 million U.S. Air Force contract for angular pointing technology with small satellite applications.
Through the contract with AFWERX, the Air Force organization focused on innovation, LST aims to advance the Technology Readiness Level, or technological maturity, of its Multi-Axis Scanner. LSTâs Multi-Axis Scanner is a patented magnetic joint for gimbal-like capability.
âWhatâs compelling about the technology is we are minimizing the moving mass,â Aaron Castillo, LST senior vice president of business development and program management, told SpaceNews. âThis is achieved by actuating a mirror instead of the entire satellite bus or using a traditional gimbal mechanism.â