Professional Growth, Technology

Scientists Achieve New Record for Internet Speed of 301 Terabits Per Second

entspos6:44 amMarch 31, 2024 The recent advancement in internet speed technology achieved by researchers at Aston University in the UK marks a significant leap in data transmission rates over standard optical fiber cables. With an impressive transmission rate of 301,000 Gbps, the researchers have showcased the potential for greatly improving internet speeds without the necessity of completely overhauling existing infrastructure.At the heart of this breakthrough lies the utilization of novel wavelength bands that introduce additional colors to the optical spectrum, there

Professional Growth, Technology

Behind the plot to break Nvidia’s grip on AI by targeting software

entspos5:22 pmMarch 27, 2024 Nvidia's $2.2 trillion market cap has been attributed to its production of artificial intelligence chips, which have become integral to the new era of generative AI, with major players like startups, Microsoft, OpenAI, and Google's parent company, Alphabet, relying on them. The company's CUDA software platform, used by over 4 million global developers, has further cemented its dominance by making competition extremely challenging.However, a coalition of tech giants including Qualcomm, Google, and Intel is aiming to disrupt Nvidia's stronghol

Professional Growth, Technology

Stability AI CEO resigns because you’re ‘not going to beat centralized AI with more centralized AI’

entspos6:21 pmMarch 23, 2024 Emad Mostaque, the founder and former CEO of Stability AI, has stepped down from his position as CEO and also vacated his seat on the startup's board, marking the second major leadership change within the AI industry this week.Stability AI, a unicorn startup with backing from prominent investors like Lightspeed Venture Partners and Coatue Management, has yet to appoint a permanent replacement for Mostaque. In the interim, the company has named its COO Shan Shan Wong and CTO Christian Laforte as co-CEOs, according to a statement released by t

Professional Growth, Technology

Saudi Arabia to set up mammoth $40 billion fund to invest in AI start-ups

Saudi Arabia is in discussions to establish a substantial $40 billion fund aimed at investing in artificial intelligence, as the nation endeavors to make its mark in an industry already flush with capital and strengthen its foothold in high-tech sectors.The country's Public Investment Fund (PIF), boasting assets estimated at $925 billion, is reportedly in negotiations with Silicon Valley's Andreessen Horowitz regarding this initiative. According to reports from The New York Times, this fund could be operational by the end of 2024, significantly surpassing existing investmen

Professional Growth, Technology

Pakistan earns $1,719 million from IT services’ export in 7 months

During the initial seven months of the fiscal year 2023-24, Pakistan garnered a total of US $1,719.921 million through the provision of various Information Technology (IT) services to diverse countries, showcasing a growth of 12.78 percent compared to the US $1,524.969 million earned in the corresponding period of the previous fiscal year 2022-23, as reported by the Pakistan Bureau of Statistics (PBS).Throughout this period, the export of computer services witnessed a notable increase of 14.09 percent, soaring from US $1,224.499 million to US $1,397.051 million from July to

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