IBM forecasts annual revenue growth above estimates on AI adoption rush
By Arsheeya Bajwa (Reuters) – IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its IT software and consultancy services from businesses looking to…
ServiceNow raises annual subscription revenue forecast on GenAI product demand
By Jaspreet Singh (Reuters) – ServiceNow raised its forecast on annual subscription revenue on Wednesday, as the software firm expects to attract new clients for its generative artificial intelligence (AI)…
Relying on AI is already a bad idea
A few days ago, there was talk of Amazon’s efforts to better integrate AI into its systems, from choosing the best size to summarizing user reviews; however, it seems that…
Autonomous driving firm Aurora lays off 3% staff
By Yuvraj Malik and Akash Sriram (Reuters) – Autonomous vehicle technology company Aurora Innovation said on Wednesday it had cut 3% of its workforce as part of a reorganization exercise.…
Bruised by stock market, Chinese rush into banned bitcoin
By Vidya Ranganathan and Summer Zhen Bitcoin: SHANGHAI/HONG KONG (Reuters) – Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023,…
February’s expos and webinars: our top picks
International Conference on Robotics and Automation, February 1 2024, Istanbul, Turkey Expos and webinars: There will be a really interesting in-person conference in Turkey at the beginning of the month;…
SK Hynix logs surprise Q4 profit, aims to be ‘total AI memory chip provider’
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korea’s SK Hynix Inc said on Thursday it will focus on high-end memory semiconductors used in artificial intelligence chipsets this…
Tesla warns of slowing growth before new model launch next year
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla expects to start production of its next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive…
Life2Vec the AI model that predicts the date of death
Artificial intelligence seems to have no limits, and one demonstration of this is its ability to predict the date of a person’s death. Said like that, it sounds shocking, but…
India’s Tech Mahindra falls on quarterly profit miss
By Ashish Chandra Shares of India’s Tech Mahindra fell as much as 6.2% on Thursday after the company’s third-quarter profit missed estimates. The country’s fifth-largest IT services company on Wednesday…