A seismic shift is underway in the tech industry as two giants, Google and Paytm, grapple with the transformative power of Artificial Intelligence. Both companies are in the midst of significant layoffs, with over a thousand employees impacted, shedding light on the evolving landscape where technology meets the workforce.
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Canva has crafted a wildly successful business model on the idea that graphic design should be accessible to everyone.
Adams told TechCrunch+ he’s not worried about valuation drops, anyway. “This year has been one of our best years for growth. We’ve almost doubled on most of our metrics. We’ve had 80 million more active users join since this time last year, so it’s just been up and to the right for us,” he said. “That’s what we focus on: more users, better product, revenue growth.”
Over the last 12 months, Canva has released a slew of generative AI products that Adams said gives both the company and its users a new ability to build features and design work that might not have even been considered five years ago. “For us, AI is going to bring human creativity to the next level,” Adams said, noting that AI will enable Canva to “take great visual communication to a billion people around the world.”
AI is all the rage — particularly text-generating AI, also known as large language models (think models along the lines of ChatGPT). In one recent survey of ~1,000 enterprise organizations, 67.2% say that they see adopting large language models (LLMs) as a top priority by early 2024.
But barriers stand in the way. According to the same survey, a lack of customization and flexibility, paired with the inability to preserve company knowledge and IP, were — and are — preventing many businesses from deploying LLMs into production.
That got Varun Vummadi and Esha Manideep Dinne thinking: What might a solution to the enterprise LLM adoption challenge look like? In search of one, they founded Giga ML, a startup building a platform that lets companies deploy LLMs on-premise — ostensibly cutting costs and preserving privacy in the process.
More details about it will be revealed at CES 2024.
LG is going to start selling a compact bipedal robot that can roll around your house freely.
LG is going to start selling a compact bipedal robot that can roll around your house freely. The AI-powered robot, which will debut at CES 2024 in Las Vegas, has a wide range of capabilities — from notifying you that you left the AC on while you’re away to watching your pet while you’re at work. Like stationary smart home aids, like Alexa or Apple HomePod, LG’s robot can also tell you the weather and remind you to take your medications on time.
Continue reading “LG developed a two-legged AI-powered robot that can watch your pets for you” »
With the sales and import bans on hold, Apple has resumed sales of the Series 9 and Ultra 2.
You can once again buy the latest Apple Watches straight from Apple.
For now — the ban could still go back into effect later this month.
Continue reading “Apple resumes Apple Watch sales after ban is paused” »
The US government aims to push microelectronics research forward. But maintaining competitiveness in the long term will require embracing uncertainty.
Many people come to therapy with a sense of time slipping away.
Do you sometimes feel the last few years have flown by too quickly? Here’s what you can do to regain control in 2024.
Industrial mishaps are not rare but caution is prime. Tesla’s CEO Elon Musk has lashed out at the media for sensationalizing an old injury caused by a robot at his Giga Texas factory in Austin, Texas. He claimed that the media was trying to link the incident to his futuristic Optimus robots, which he said would usher in a new era of abundance.
The incident, which happened two years ago, involved a software engineer who was programming software for robots that cut car parts from freshly cast aluminum. While he was working, he was unaware that one of the robots was still active while the other two were disabled for maintenance. The active robot then attacked the engineer, pinning him down and clawing at his back and arm. The attack left a trail of blood on the factory floor, as well as an open wound on the engineer’s left hand.
YouTube made the most money from ads for users aged 12 and under, earning $959.1 million.
Researchers show Facebook, Instagram, Snapchat, TikTok, X (formerly Twitter), and YouTube collectively derived nearly $11 billion in advertising revenue during 2022 from US youth.
