Amazon Reaches $2 Trillion , in Stock Market Value.
On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports.
.
Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation.
.
Within the past year,
Amazon's stock has gained 52%.
Part of that gain can be attributed
to investors' enthusiasm about the
company's AI endeavors, NPR reports.
.
A big part of the valuation boost has
been cloud and AI.
Amazon is going to
be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR.
Amazon currently has a chatbot called Q, which businesses that use AWS have access to.
.
Amazon currently has a chatbot called Q, which businesses that use AWS have access to.
.
Amazon CEO Andy Jassy recently said that
AI has rejuvenated the growth of AWS.
The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue.
Amazon recently invested in Anthropic, a California
AI company, "to develop so-called foundation models
that underpin generative AI systems," NPR reports.
.
Amazon also makes its own AI chips.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
Amazon Prime Day 2024 , Dates Announced.
This year, Amazon Prime Day will fall
on July 16 and 17, Engadget reports. .
It will begin at 3:01 a.m. ET on July 16.
Thousands of deals on electronics, household items, fashion and more will be available to members only. .
Historically, Amazon Prime Day
has helped the retail giant to gain
more subscribers, Engadget reports. .
However, the price of a subscription has nearly doubled since 2005, when the service debuted. .
At launch, a Prime subscription was $79.
Now it will cost you $139.
Although July's Prime Day has been Amazon's
most significant shopping event for a while now.
the company has also offered a "fall Prime Day" in recent years, Engadget reports. .
It's likely that a similar event will return in the fall this year, but those dates have yet to be announced.
Credit: Wibbitz Top Stories Duration: 01:30Published
'The Boys' are heading toward their final fight. Season five of the Amazon Prime Video show will be its last. Showrunner Eric Kripke shared the news on social media. He wrote, "Season 4 premiere week is a good time to announce: Season 5 will be the final season! Always my plan, I just had to be cagey till I got the final OK from Vought. Thrilled to bring the story to a gory, epic, moist climax."
Credit: The Hollywood Reporter Duration: 01:19Published
Sarayu Blue chats with THR at the 'Inside Out 2' carpet and shares how she taps into joy. Plus, she reveals which emotion drives her mind and talks 'Expats' and the fan response with the Amazon show.
Credit: The Hollywood Reporter Duration: 03:03Published
YouTube Leaks Spark Concerns , About Google Employee Access , to Unpublished Videos.
Last week, PlayStation's lineup for the
State of Play event was leaked shortly after
the event was scheduled to appear on YouTube.
Last week, PlayStation's lineup for the
State of Play event was leaked shortly after
the event was scheduled to appear on YouTube.
The Verge reports that the leak has
contributed to concerns regarding Google
employees' access to videos before they go live.
The issue was recently highlighted
in reports by Insider Gaming
and 404 Media.
One of the leaks, which was noted by Tom Henderson
of Insider Gaming, involved KSI's 2022 attempt to
give away over $10,000 in Amazon gift cards.
However, an internal YouTube investigation was started
after KSI realized that all of the gift card codes had
already been redeemed prior to the video going live.
However, an internal YouTube investigation was started
after KSI realized that all of the gift card codes had
already been redeemed prior to the video going live.
A similar internal investigation
was opened after the trailer
for GTA VI leaked online. .
According to a report by 404 Media, a Google
contractor was responsible for the 2017 Nintendo
leak that revealed an early look at 'Yoshi's Crafted World.'.
The Verge reports that an image
of the game's trailer was posted to
Reddit just ahead of its big reveal at E3. .
The post contained an “admin.youtube.com” URL,
which would suggest that an employee had
accessed the video prior to its public release.
According to a database entry reported on by
404 Media, Google confirmed that an employee
had gained access to and deliberately leaked the video.
Credit: Wibbitz Top Stories Duration: 01:31Published
Supreme Court Rules That , Some Jan. 6 Defendants, Were Improperly Charged.
NPR reports that the United States Supreme Court voted to limit which defendants accused of taking part in the Jan. 6 Capitol riot can be charged by federal prosecutors.
The decision also casts doubt on two out of
the four felony counts in former President
Donald Trump's election subversion indictment.
According to conservative Chief Justice John Roberts,
the court ruled that the U.S. government must prove , “that the defendant impaired the availability or integrity
for use in an official proceeding of records, documents,
objects, or other things used in an official proceeding.”.
NPR reports that prosecutors relied
on a key criminal statute to prosecute
over 350 participants of the Capitol riot.
The statute makes it a crime to alter or
destroy official documents, or to otherwise
obstruct or impede official proceedings.
Roberts wrote that the statute was
not meant to broaden the meaning of
the law to make it a catchall provision. .
The decision will impact other cases related
to Jan. 6, many of which will have to be
resentenced, retried or defendants will be released. .
NYU law professor Ryan Goodman authored
a study that found only 346 of the 1,417 people
charged in connection with the Capitol riot
were charged under the obstruction statute.
The study also found that 71 people are still
awaiting trial on the obstruction charge, but over
half of them are also charged with another felony.
NPR points out that if found guilty of other felony charges,
the sentencing judge is still allowed to use the charge of
obstruction to determine the length of their sentence.
Credit: Wibbitz Top Stories Duration: 01:31Published
Supreme Court Rules , Against SEC's Authority, to Impose Fines.
NPR reports that the United States Supreme Court
recently voted 6-3 against the Securities and
Exchange Commission's policy on fraudulent conduct. .
NPR reports that the United States Supreme Court
recently voted 6-3 against the Securities and
Exchange Commission's policy on fraudulent conduct. .
Chief Justice John Roberts, writing for the court's
conservative majority, said the current rules deprive accused
transgressors of their constitutional right to a jury trial. .
Chief Justice John Roberts, writing for the court's
conservative majority, said the current rules deprive accused
transgressors of their constitutional right to a jury trial. .
The SEC relies on administrative
law judges (ALJ) to make legal conclusions
in cases brought before the agency.
The Supreme Court's decision has the potential
to send ripples through dozens of agencies,
from labor rights to energy regulation.
The Court did exclude from its decision those
agencies dealing with federal benefits, while some
conservative justices wanted the ruling to go further.
The three liberal justices
in dissent blasted the
decision by the majority. .
The case was brought by a former conservative
radio host and hedge fund manager, George Jarkesy,
following an SEC fraud investigation.
The case was brought by a former conservative
radio host and hedge fund manager, George Jarkesy,
following an SEC fraud investigation.
An in-house evidentiary hearing fined Jarkesy $300,000,
ordered him to pay back almost $700,000 in ill-gotten
profits and barred him from the securities industry.
Jarkesy argued that he was entitled to a jury trial
held in a federal court and that Congress lacked
the power to delegate such authority to the SEC.
NPR reports that Jarkesy's case was supported
by a number of conservative and business groups, and individuals such as Elon Musk.
NPR reports that Jarkesy's case was supported
by a number of conservative and business groups, and individuals such as Elon Musk
Credit: Wibbitz Top Stories Duration: 01:31Published
Border Arrests Fall Over 40% , Since Biden Suspended Asylum Processing.
The Homeland Security Department made the announcement on June 26, NPR reports. .
Average daily arrests that the
Border Patrol has made over a week-long period have dropped below 2,400.
That is a decrease of over 40% from before the president's proclamation went into effect on June 5.
That is a decrease of over 40% from before the president's proclamation went into effect on June 5.
However, arrests need to drop to the
1,500 mark before asylum processing can resume.
Still, the current data marks the lowest number
of arrests since Jan. 17, 2021, NPR reports. .
Last week, President Biden touted a 25% decrease
in border arrests since the order took effect, .
which means they've
dropped a lot more since then.
Homeland Security Secretary Alejandro Mayorkas has called the executive order a "tremendous success.".
We indeed have seen a tremendous
success early on, and I should emphasize
that it is early on in our implementation
of the president’s proclamation and
our accompanying regulation, Alejandro Mayorkas, to CNN.
Mayorkas will address border enforcement
efforts in Tuscon, Arizona, on June 26.
The area has served as "the busiest corridor for illegal crossings" recently, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Upcoming Presidential Debate , Between Biden and Trump, Breaks With Tradition.
Upcoming Presidential Debate , Between Biden and Trump, Breaks With Tradition.
On June 27, President Joe Biden and former
President Donald Trump will meet in the
first presidential debate of 2024 in Atlanta.
On June 27, President Joe Biden and former
President Donald Trump will meet in the
first presidential debate of 2024 in Atlanta.
NPR reports that the debate marks the beginning of
a new phase in the presidential election, with less
than five months until Election Day on November 5.
According to the latest NPR/PBS News/Marist polls,
Biden and Trump are nearly tied following a month-long
trend of national surveys with the same results.
According to the latest NPR/PBS News/Marist polls,
Biden and Trump are nearly tied following a month-long
trend of national surveys with the same results.
Breaking with campaign tradition, the debate comes
months earlier than usual, following a set of rules
agreed to by candidates and without a live audience.
The event is scheduled to start at 9 p.m. ET
and is expected to run for 90 minutes.
CNN's Jake Tapper and Dana Bash will
moderate the event, which will take
place at the network's Atlanta studio.
CNN's Jake Tapper and Dana Bash will
moderate the event, which will take
place at the network's Atlanta studio.
The presidential debate will also be available
on CNN and the Max streaming platform. .
The presidential debate will also be available
on CNN and the Max streaming platform. .
NPR reports that presidential debates
have traditionally occurred in front of a live
audience and are coordinated by the bipartisan
Commission on Presidential Debates (CPD).
However, both Biden and Trump have said they
will not participate in the CPD's planned debates,
pushing for earlier face offs ahead of the election.
However, both Biden and Trump have said they
will not participate in the CPD's planned debates,
pushing for earlier face offs ahead of the election.
The second debate is scheduled
for September and will be
hosted by ABC News
Credit: Wibbitz Top Stories Duration: 01:31Published
Google Uses AI to Add , Over 100 New Languages to Translate.
Google Translate continues to get better,
as the company has used AI to add 110 new languages to the feature, Engadget reports. .
According to Google, the new languages represent over 600 million speakers,
or 8% of the worldwide population. .
Google referenced its LLM, PaLM 2, as "a key piece to the puzzle, helping Translate more efficiently learn languages that are closely related to each other," .
... "including languages close to Hindi, like Awadhi and Marwadi, and French creoles like Seychellois Creole and Mauritian Creole.".
Isaac Caswell, senior software
engineer for Google Translate, issued
a statement about the development.
As technology advances, and as
we continue to partner with expert
linguists and native speakers, we'll
support even more language varieties
and spelling conventions over time, Isaac Caswell, senior software engineer
for Google Translate, via Engadget.
The last time Translate had a sizeable number of languages added to it was in May of 2022.
At the time, the company utilized the help of Zero-Shot Machine Translation, which
"allows a model to learn a new language" without viewing examples, Engadget reports. .
Later in 2022, Google announced its
1,000 Languages Initiative.
The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world. .
The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world.
Credit: Wibbitz Top Stories Duration: 01:31Published
Google Search Algorithm Documents , Have Been Leaked.
On May 29, Google confirmed that 2,500 internal documents have been leaked, The Verge reports.
The documents contain data that the
company uses for its search algorithm. .
Google spokesperson
Davis Thompson issued a statement.
We would caution against making
inaccurate assumptions about
Search based on out-of-context, outdated or incomplete information. , Davis Thompson, Google spokesperson, via statement.
We’ve shared extensive
information about how Search
works and the types of factors
that our systems weigh, while also
working to protect the integrity
of our results from manipulation, Davis Thompson, Google spokesperson, via statement.
The leaked documents suggest that the tech
giant may collect and use data that it
previously denied using for rankings.
such as "clicks, Chrome user data
and more," The Verge reports.
However, it's not clear what data is actually utilized to rank searches, as some info could be outdated or used for training purposes.
Nevertheless, the leak is likely to
make waves throughout "search engine optimization (SEO), marketing and
publishing industries," The Verge reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Many people are falling victim to the explosion of AI videos, where their images are used - without consent - to create content sometimes with dubious motives.
#AIVideo #PrivacyConcerns #AIAbuse #Deepfakes #ImageConsent #AIethics #DigitalRights #CyberSecurity #TechRegulation #AIPrivacy #AIManipulation #IdentityTheft #DeepfakeThreat #OnlineSafety #DataProtection
~HT.178~PR.152~ED.194~
High tech farms are no longer unusual in Singapore. In fact they have been sprouting up like mushrooms over the past five years. While many of the innovative farms in the city state still have to become profitable, a vertical shrimp farm has achieved price parity with coastal aquaculture ponds in Indonesia or Vietnam. This is thanks to an AI operated system which controls day to day operations.
#HighTechFarming #SingaporeAgriculture #VerticalFarming #ShrimpFarming #AIFarming #InnovativeAgriculture #UrbanFarming #SustainableFarming #AgriTech #AIinAgriculture #Aquaculture #FoodTech #SmartFarming #AIControlled #TechInnovation
~PR.152~ED.194~GR.125~
Researchers Use Machine Learning , to Understand How , Elephants Communicate.
'BGR' reports that communication
among elephants may be more complex
than scientists previously believed.
New evidence suggests that elephants
possess unique names which are
used to address specific elephants.
The study, made possible with the help
of machine learning, was published in
the journal 'Nature Ecology and Evolution.'.
Machine learning was used to help researchers
analyze hundreds of wild elephant calls,
searching for three specific "rumbles.".
These rumbles, which include a greeting, a caregiving
gesture and a contact calling sound, are the primary
form of communication used among elephants.
Other animals are known to refer to their peers
by name. Both dolphins and parrots address
each other by mimicking the receiver's voice.
Other animals are known to refer to their peers
by name. Both dolphins and parrots address
each other by mimicking the receiver's voice.
Elephants, on the other hand, use a more
abstract approach which is more closely
related to the way humans communicate.
Researchers believe the findings could
suggest that elephants are capable of abstract
thought, which would make them much
more intelligent than previously believed.
It remains unclear whether each individual
elephant has its own unique name, or if
they somehow share names or titles.
'BGR' reports that AI has proven very helpful in working
to decode nature's mysteries. Another study used AI
to begin unraveling the secret language of dogs. .
'BGR' reports that AI has proven very helpful in working
to decode nature's mysteries. Another study used AI
to begin unraveling the secret language of dogs.
Credit: Wibbitz Top Stories Duration: 01:31Published
Nvidia Rides Wave of AI Interest , to Overcome Apple as the, Second-Most Valuable Company.
'The Independent' reports that Nvidia has overtaken
Apple as the world's second-most valuable company,
with an estimated value of over $3 trillion.
'The Independent' reports that Nvidia has overtaken
Apple as the world's second-most valuable company,
with an estimated value of over $3 trillion.
The chipmaker has seen share values skyrocket
amid speculation about artificial intelligence, which
is powered by chips like those produced by Nvidia.
The growing interest in AI has made Nvidia
the biggest company in Silicon Valley,
allowing it to unseat Apple. .
The growing interest in AI has made Nvidia
the biggest company in Silicon Valley,
allowing it to unseat Apple. .
Meanwhile, the iPhone maker has seen
its own value fall amid concerns such as
dwindling sales in the Chinese market.
Nvidia now has plans to split its stock
ten-for-one on June 7, a decision that has
the potential to attract more individual investors.
Nvidia is making money on AI
right now, and companies like Apple
and Meta are spending on AI, Jake Dollarhide, chief executive officer at
Longbow Asset Management, via 'The Guardian'.
It may be a foregone conclusion
that Nvidia will overtake Microsoft
as well. There’s a lot of retail money
that’s piling in on what they
see as a straight shot up, Jake Dollarhide, chief executive officer at
Longbow Asset Management, via 'The Guardian'.
So far in 2024, Nvidia has seen its stock surge 147%,
rallying nearly 30% since May alone when
the company released its latest revenue forecast.
On June 5, the chipmaker added almost
$150 billion in market capitalization,
which is more than AT&T's total value.
The same interest in AI also drove a general rally
for AI chip stocks, with PHLX chip index rising
4.5% and Super Micro Computer climbing 4%
Credit: Wibbitz Top Stories Duration: 01:30Published
Intel Reveals , New AI Chips.
On June 4, Intel announced its new
Xeon 6 processor, CNBC reports. .
The new AI chips will help to
provide better performance and more efficient power for data centers.
The announcement follows similar
launches from rivals Nvidia and AMD.
The announcement follows similar
launches from rivals Nvidia and AMD.
Intel launched its 5th Gen Intel Xeon processors just six months ago.
In April, the company
unveiled the Gaudi 3 processor.
Customers are looking for high
performance, cost-effective gen AI
training and inferencing solutions.
And they’ve started to turn
to alternatives like Gaudi. , Patrick Gelsinger, chief executive officer of Intel Corp., via statement.
They want choice. They want
open software and hardware
solutions and time to market
solutions at dramatically lower
TCOs [total cost of ownership], Patrick Gelsinger, chief executive officer of Intel Corp., via statement.
Intel plans "to continue to grow the AI PC category" with its Lunar Lake chips, which
are scheduled to ship in Q3 2024.
Intel, which recorded a $7 billion operating loss in 2023, is attempting to catch up to
its rivals amid the ongoing AI frenzy.
While Intel has been struggling, it differs from Nvidia and AMD because it manufactures chips in addition to designing them.
Additionally, Intel received $20 billion in funding from the CHIPS and Science Act
which could help the company to advance.
Additionally, Intel received $20 billion in funding from the CHIPS and Science Act
which could help the company to advance
Credit: Wibbitz Top Stories Duration: 01:31Published
Nvidia Looks to , Accelerate Production , With New Packaging Technology.
Yahoo Finance reports that Nvidia Corp has announced
plans to use Fan-Out Panel Level Packaging (FOPLP)
technology to package its GB200 AI server chips.
The change was reportedly made to address production constraints
on the currently used Chip on Wafer Substrate (CoWoS) packaging
used at the Taiwan Semiconductor Manufacturing Company.
The change was reportedly made to address production constraints
on the currently used Chip on Wafer Substrate (CoWoS) packaging
used at the Taiwan Semiconductor Manufacturing Company.
According to industry experts, FOPLP
could be a viable alternative to CoWoS
amid the increasing demand for AI chips. .
Analysts consider Nvidia the premier accelerated
compute and generative AI supplier, backed
by production plans with Blackwell Chip. .
Over the past year, stock in
Nvidia has gained over 184%. .
On May 29, shares in Nvidia were up
0.89% at $1,149.10 in premarket trading. .
Yahoo Finance reports that a growing
number of packaging companies are
getting ready to offer FOPLP services. .
Yole Group has predicted that
its market share will increase
from 2% in 2022 to 8% by the year 2028.
The gains are expected to primarily
be driven by higher yields and
increasing cost efficiency.
Experts point out that while FOPLPs could reduce cost
and expand capacity, they have weaker technical
specifications compared to the current CoWoS standard
Credit: Wibbitz Top Stories Duration: 01:31Published
Britain Overtakes France , to Reclaim Stock Market Crown.
The overall value of listings on the
London Stock Exchange (LSE) reached
$3.18 trillion on June 17, BBC reports.
That number surpassed..
Credit: Wibbitz Top Stories Duration: 01:30Published
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