International, Professional Growth, Technology

Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today

The S&P 500's total value currently stands at $45.5 trillion, according to FactSet. On Thursday, Tesla CEO Elon Musk claimed that his company’s Optimus humanoid robots could eventually push Tesla's worth to more than half of that amount.At the 2024 annual shareholder meeting in Austin, Texas, Musk described himself as “pathologically optimistic” and said Tesla is not only beginning a “new chapter” but is about to write an entirely “new book.” The Optimus robots appear to be central to this vision.Tesla first announced its humanoid robot plans in 2021 during an AI Day ev

Professional Growth, Technology

Apple Set to Unveil Major AI Push at Amidst Growing Challenges

Apple is set to launch one of its most crucial events in recent years at the annual Worldwide Developers Conference starting Monday. The company is expected to reveal a partnership with OpenAI and introduce the first wave of generative AI tools for its mobile operating system. This AI push could revitalize iPhone sales and services, especially as consumers delay upgrades and economic uncertainties loom, particularly in China. Apple also faces regulatory scrutiny in Washington and was recently overtaken by Nvidia as the second-largest public company in the US. "Generat

Professional Growth, Technology

AMD launches new AI chips to take on leader Nvidia

Advanced Micro Devices (AMD.O) unveiled its latest artificial intelligence processors on Monday, outlining a two-year roadmap to challenge industry leader Nvidia (NVDA.O). At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, scheduled for release in the fourth quarter of 2024. The escalating demand for advanced chips in AI data centers, driven by the development of generative artificial intelligence programs, has intensified the competition between AMD and Nvidia, the latter commanding about 80% of the AI semiconductor market.

Professional Growth, Technology

Arm offers new designs, software for AI on smartphones

On May 29, Arm Holdings (O9Ty.F) announced new chip designs and software tools aimed at enhancing smartphones' ability to handle artificial intelligence tasks. Additionally, the company introduced changes in how it delivers these blueprints to accelerate their adoption.Arm's technology, renowned for its energy efficiency, has been pivotal in the smartphone revolution and is increasingly prevalent in PCs and data centers. The smartphone market remains Arm's largest, where it supplies intellectual property to competitors like Apple (AAPL.O), Qualcomm (QCOM.O), and MediaTek (2

Professional Growth, Technology

Truecaller partnered with Microsoft’s Azure AI Speech for users of its AI assistant.

Truecaller, known for its app that identifies and blocks spam calls, is introducing a new feature that allows users to create an AI version of their voice to answer calls. This feature is part of Truecaller’s AI Assistant, which users can now personalize by recording their own voice. The AI, developed in partnership with Microsoft’s Azure AI Speech, will learn from the recorded clip to generate an AI version of the user's voice."This groundbreaking capability not only adds a touch of familiarity and comfort for the users but also showcases the power of AI in transforming th

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