Samsung Electronics Foundry Division, Semiconductor Research Institute, and Global Manufacturing & Infrastructure Overview came together in June 2022 to celebrate the mass production of the 3nm foundry process, forming a ‘3’ with their fingers. This year, major global fabless IT and semiconductor companies are expected to move towards adopting the 3nm process as their main … Read more
Intel is currently facing a class-action lawsuit that accuses the company of misleading investors about the financial performance of its foundry. The lawsuit, filed by law firm Levi & Korsinsky, invites Intel investors to join the legal action against the chipmaker. The lawsuit claims that Intel failed to disclose the losses incurred by its manufacturing … Read more
NVIDIA continues to rise in influence on Wall Street, helping to keep US indices near record levels even with mixed economic reports. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all saw gains on Thursday, with Nvidia leading with a 2.8% rise after surpassing Microsoft to become the most valuable company on Wall … Read more
A recent study conducted by the IBM Institute for Business Value has shown that there is a significant disparity between the perceived importance of AI governance among Indian CEOs and the actual implementation of effective policies. While 71% of Indian CEOs believe that effective AI governance is crucial, only 42% report having strong policies in … Read more
Google LLC has announced a new collaboration with the University of Tokyo to utilize generative artificial intelligence to tackle local community challenges in Japan, aiming to expand globally by 2027. Professor Yutaka Matsuo, a renowned AI researcher, will lead the project, kicking off in Osaka and Hiroshima prefectures. Students from Matsuo’s lab will team up … Read more
McDonald’s has decided to end its global partnership with IBM for testing AI-powered drive-thru technology. The fast-food giant had been experimenting with automated order takers at select locations since 2021. While this specific partnership is coming to an end, McDonald’s is not ruling out the possibility of exploring other AI-powered drive-thru solutions in the future, … Read more
A recent survey conducted by IBM’s Institute for Business Value revealed that the majority of banking and financial markets CEOs are recognizing the potential benefits of artificial intelligence and automation. Two-thirds of the CEOs surveyed expressed that the productivity gains from AI and automation are so significant that they are willing to accept the risks … Read more
In a recent conversation with Javed Khan, Cisco Collaboration’s senior vice president and general manager, the focus was on the importance of seamless AI integration into workflows to ensure its effectiveness. Cisco’s audio data is crucial for their generative AI work, with the challenge of training AI to differentiate between different types of dogs and … Read more
The annual IBM Think conference, held in May in Boston, showcased updates to the watsonx platform aimed at making AI more accessible, cost-effective, and flexible for businesses. Key announcements included the launch of Granite models in open source, new watsonx assistants, and AI-powered automation tools like IBM Concert. These updates will help Australian IT professionals … Read more
A recent survey conducted by the IBM Institute for Business Value revealed that banking and financial markets CEOs are facing workplace and cultural challenges as they strive to implement and scale generative artificial intelligence (AI) across their organizations. The survey, which polled 3,000 CEOs, highlighted that 57% of banking and financial markets CEOs believe that … Read more