Facebook parent Meta sees strong global ad sales while keeping AI costs in check
By Katie Paul, Yuvraj Malik (Reuters) – Meta Platforms beat market expectations for second-quarter revenue on Wednesday and issued a rosy sales forecast for the third quarter, signaling that robust…
Musk denies report xAI is considering acquiring Character.AI
By Gursimran Kaur and Angela Christy (Reuters) – U.S. businessman Elon Musk on Wednesday said his artificial intelligence startup xAI is not considering an acquisition of chatbot startup Character.AI, according…
Samsung bullish on AI demand as profit soars on higher chip prices
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics forecasted strong artificial intelligence-driven demand for chips in the second half of this year, as it reported a more…
Galaxy Book4 Edge, we tested the Samsung’s first AI PC
Samsung’s Galaxy Book4 Edge was the first Copilot+ certified computer to hit the market; this is a new type of laptop which integrates not only a processor (CPU) and graphics…
Major video game publishers shielded by in-house studios during strike, analysts say
By Zaheer Kachwala (Reuters) – Major video game publishers including Electronic Arts and Take-Two will likely stave off a big hit from the strike by voice actors and motion-capture artists…
Meta to let users to create custom AI characters
By Juby Babu (Reuters) – Meta Platforms on Monday said it will roll out a new tool called AI Studio that will allow users to create, share and design personalized…
Silicon Valley big tech firms line up to support Trump
Silicon Valley: America Pac has raised over $8.7 million from backers, including Palantir’s Joe Lonsdale, founders Andreessen Horowitz, namesakes, and Sequoia founder Doug Leone, among tech industry contributors supporting Donald…
Gen AI productions are becoming more believable – what can we do?
Gen AI: In June 2024, an artificial intelligence-generated picture of the well-known K-pop star G-Dragon holding a transparent bag of bread while making peace signs with his hands went viral…
Founder of South Korea’s Kakao arrested for suspected stock manipulation
By Joyce Lee SEOUL (Reuters) – The billionaire founder of South Korean tech giant Kakao Corp, Kim Beom-su was arrested on Tuesday on accusations of manipulating stocks during the acquisition…
Cybersecurity firm Wiz calls off $23 billion deal with Google, memo says
By Shivani Tanna in Bengaluru, Steven Scheer and Deborah Sophia (Reuters) – Cybersecurity startup Wiz has walked away from a reported $23 billion deal to be acquired by Google-parent Alphabet…