AI

Copilots, AI and Azure drive Microsoft revenue growth

Microsoft has posted revenue of $56.5bn, up 13% for the quarter ended September 30, 2023, partially driven by demand for its AI-infused (artificial intelligence) products and the Azure public cloud. CFO Amy Hood said the company’s Azure cloud platform had experienced higher than expected AI consumption, which contributed to revenue growth in Azure. The company…

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UK Finance paints mixed picture of fraud as losses top £500m

The rate of cyber fraud dropped slightly over the first six months of 2023, falling 2% compared to the same period in 2022, but even so criminals and fraudsters still managed to steal approximately £580m via both authorised and unauthorised fraud during the period, according to UK Finance’s latest half-yearly report. At the same time,…

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Google saves almost $3bn by running servers for six years

In its latest quarterly results, Alphabet, the parent company of Google, reported  $2.9bn savings on server life extension. For the quarter which ended on September 3, the company reported revenue of $77bn. The internet giant’s latest quarterly results shows the company has made significant savings by extending the life of datacentre servers from five to…

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Facebook pins future on Quest 3 and AI development

Meta, the parent company of Facebook, WhatsApp and Instagram, has used its latest quartly earnings call to discuss how it is differentiating its Threads platform. The company posted revenue of $34.1bn for the third quarter of 2023. “We had a good quarter for our community and business,” said Mark Zuckerberg, Meta founder and CEO. “I’m…

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Intel Meteor Lake SoC is NOT Coming to Desktops: Well, Not Technically

Over the last couple of days, numerous reports have revealed that Intel’s recently announced Meteor Lake SoC, primarily a mobile platform, would be coming to desktop PCs. Intel has further clarified that while their Meteor Lake processors will be featured in desktop systems next year, they won’t power traditional socketed desktop PCs. Instead, these CPUs, primarily…

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Micron Samples 128 GB Modules Based on 32 Gb DDR5 ICs

Micron is sampling 128 GB DDR5 memory modules, the company said at its earnings call this week. The modules are based on the company’s latest single die, non-stacked 32 Gb DDR5 memory devices, which the company announced earlier this summer and which will eventually open doors for 1 TB memory modules for servers. “We expanded our high-capacity…

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Boardrooms losing control in generative AI takeover, says Kaspersky

Over 90% of senior business leaders interviewed for a study on the use of generative artificial intelligence (GenAI) in the enterprise believe that such tools are being regularly used by their employees, with 53% saying generative AI is now “driving” certain lines of business, and 59% expressing deep concerns that the extent of this “silent…

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Here are the first clues of how Apple GPT AI might work on the iPhone

I said time and again that Apple needs its own ChatGPT rival running on its hardware, with emphasis on the Vision Pro. A report last week said that iOS 18 will incorporate Apple’s so-called “Apple GPT” generative AI software, prompting me to speculate the Vision Pro should also support the service. Over the weekend, Bloomberg’s…

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Micron to Ship HBM3E Memory to NVIDIA in Early 2024

Micron has reaffirmed plans to start shipments of its HBM3E memory in high volume in early 2024, while also revealing that NVIDIA is one of its primary customers for the new RAM. Meanwhile, the company stressed that its new product has been received with great interest by the industry at large, hinting that NVIDIA will…

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Sunak sets scene for upcoming AI Safety Summit

Artificial intelligence (AI) risks are serious but nothing to lose sleep over, prime minister Rishi Sunak said in a speech on the UK’s global responsibility to understand and address potential problems with the technology. Speaking at the Royal Society on 26 October, Sunak said while he is “unashamedly optimistic” about the transformative potential of technology,…

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