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Microsoft Copilot: Microsoft tailors AI for finance teams in specialized ‘Copilot’ strategy

Microsoft on Thursday previewed an artificial intelligence tool for customers' finance departments, part of a strategy tailoring new software to industries, professionals and ultimately individuals.The company said its tool, called Microsoft Copilot for Finance, helps users review data sets for risks, produce reports from raw numbers, and generally handle tasks they might otherwise outsource. It did not announce pricing or a date for wider availability.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Big Tech: Germany wants Big Tech to pay towards compliance costs of new digital law

Germany wants Big Tech companies Alphabet, Amazon, Apple, ByteDance, Meta Platforms and Microsoft to contribute towards the compliance costs of new European Union rules aimed at curbing their power, a senior German economy ministry official said on Thursday. Sven Giegold, state secretary in charge of competition policy at Germany's economy ministry, said such a move would help EU antitrust regulators better enforce the Digital Markets Act (DMA) which the six companies have to comply with on March 7.Elevate Your Tech…

neuralink animal lab issues: Elon Musk’s Neuralink cited by FDA over animal lab issues

US Food and Drug Administration inspectors found problems with record keeping and quality controls for animal experiments at Elon Musk's Neuralink, less than a month after the startup said it was cleared to test its brain implants in humans, according to an agency report reviewed by Reuters.The inspectors identified quality control lapses at the company's California animal research facility. A similar inspection at Neuralink's Texas facility did not find problems, according to agency records.Elevate Your Tech Prowess with…

AI opportunity: Intel sees AI opportunity for standalone programmable chip unit

Artificial intelligence offers a growing and potentially lucrative opportunity for Intel's freshly standalone programmable chip unit, its CEO Sandra Rivera said.Intel's programmable chip unit began operating as a standalone business at the beginning of the year, and on Thursday outlined its plans for the future and its official name: "Altera, an Intel company." Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIT DelhiIITD…

Voting machines are costly and black-boxed. Can we open source them?

While the vendors pitched their latest voting machines in Concord, New Hampshire, this past August, the election officials in the room g­­asped. They whispered, “No way.” They nodded their heads and filled out the scorecards in their laps. Interrupting if they had to, they asked every kind of question: How much does the new scanner weigh? Are any of its parts made in China? Does it use the JSON data format?The answers weren’t trivial. Based in part on these presentations, many would be making a once-in-a-decade…

razorpay payments entity fy23 profit: Razorpay’s payments entity reports flat profit of Rs 7.3 crore in FY23

Merchant-focused payments provider Razorpay has reported a flat net profit of Rs 7.3 crore for the fiscal year 2022-2023 (FY23), despite its revenues seeing a jump.Revenue from operations for Razorpay Software Pvt Ltd (RSPL) stood at Rs 2,279 crore in FY23, a 54% surge from Rs 1,481 crore in FY22.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitMITMIT Technology Leadership and…

bill gates narendra modi meeting: Bill Gates, PM Narendra Modi discuss AI, women-led development and DPI

Microsoft cofounder and former chief executive officer Bill Gates on Thursday met Prime Minister Narendra Modi and discussed artificial intelligence for public good, digital public infrastructure and women-led development, among other things.“It is always inspiring to meet with @narendramodi and there was a lot to discuss. We talked about AI for public good; DPI; women-led development; innovation in agriculture, health, and climate adaptation; and how we can take lessons from India to the world,” Gates said in a post on X…

Here’s another hint at major changes for iPhone

Apple is widely rumored to add several AI features to iOS 18 and its upcoming iPhone 16 lineup. While past reports highlighted some of the functions we might expect, TrendForce is now giving us another hint that Cupertino has big AI plans for 2024.In its most recent note, the research firm talks about AI server expansion this year. While the company expects this market to increase 2.05% YoY with 13.654 million units, it also shows that one of these AI server firms, Supermicro, wants to “aggressively expand its…

Duolingo stock price hits near record high amid AI transformation

Duolingo’s stock surged more than 20% Thursday after the company reported 44% year-over-year revenue growth in 2023, totaling $531.1 million, during its earnings call Wednesday.The language learning platform’s shares closed at $195.51 Wednesday and soared to $240.77 Thursday morning, nearing its one-year high of $245.87. The company’s shares dipped slightly during trading throughout the day, settling around $230 at the time of this writing.Duolingo “achieved record high user engagement and a record number of subscribers”…

What’s driving the flood of layoffs in the video game industry?

Over the course of the first two months of the year, video game companies have already announced plans to lay off more than 8,000 workers. It’s a big shift from the explosive growth the industry saw during and immediately following the pandemic—and, for many, a puzzling one.Electronic Arts was the latest to trim its payroll, announcing plans late Wednesday to reduce its workforce by 5%, or roughly 670 people. That followed Sony Interactive Entertainment’s surprising announcement on Tuesday that it planned to cut 900 jobs…