David Ferrucci, CEO and founder of Elemental Cognition, delivered a speech at a conference in New York on November 8, 2017. Alex Flynn | Bloomberg | Getty Images David Ferrucci, an esteemed pioneer in artificial intelligence and the leader of the renowned IBM Watson team, has successfully raised nearly $60 million in funding for his …
Johnson & Johnson Covid-19 vaccines are seen on a table on May 7, 2021 in Los Angeles, California. Frederic J. Brown | AFP | Getty Images Discover the latest market movers during midday trading. Netflix — Netflix’s stock declined by over 8% following its mixed quarterly results. While the company exceeded earnings per share expectations …
The Netflix logo is displayed on one of their buildings in Los Angeles, California. Netflix, the streaming giant, experienced a decline of nearly 7% in its stock price after reporting mixed quarterly results. The company posted earnings of $3.29 per share on $8.19 billion in revenue, surpassing analysts’ expectations. However, analysts had anticipated earnings of …
The Tesla factory in Tilburg, Netherlands. Jasper Juinen | Bloomberg | Getty Images Discover the latest news about notable companies in extended trading. Netflix — The shares of the streaming giant plummeted more than 5% after the release of its quarterly results on Wednesday. Netflix stated that it is too early to determine the impact …
IBM Chairman and CEO Arvind Krishna participated in a panel session at the World Economic Forum in Davos, Switzerland on January 17, 2023. Image Source: Stefan Wermuth | Bloomberg | Getty Images IBM released its second-quarter earnings on Wednesday, surpassing analysts’ estimates with improved gross margin. However, revenue fell short of consensus estimates. In after-hours …
Japan, known for its innovative technology, is currently falling behind in the race to develop generative artificial intelligence algorithms. Generative AI has become a hot topic in the tech industry, with the potential to significantly boost global GDP. However, Japan is trailing behind the US, China, and Europe in terms of large language model (LLM) …
Apple CEO Tim Cook proudly presented the new Apple Vision Pro headset at the Apple Worldwide Developers Conference in Cupertino, California on June 5, 2023 (Justin Sullivan | Getty Images). The Nasdaq, heavily influenced by the technology sector, ended the first half of 2023 with a 1.5% rally, resulting in a 32% gain for the …
Singapore’s Marina Bay waterfront. Singapore is taking a unique approach when it comes to regulating artificial intelligence (AI). Rather than jumping to regulate AI, the government is adopting a wait-and-see approach. Lee Wan Sie, the director for trusted AI and data at Singapore’s Infocomm Media Development Authority (IMDA), stated that they are not currently looking …