TSMC Posts Record Q1 Profits Despite Continuing Shortages

TSMC (Taiwan Semiconductor Manufacturing Company) is reporting first quarter 2022 revenue between $17.6 billion and $18.2 billion, a 35.5 percent increase year-over-year. Compared to Q4 2021, the first quarter results represent a 12.1 percent revenue uptick and 22 percent growth in net income. This, despite ongoing fallout from supply chain shortages that company CEO C.C. Wei says he expects will continue triggering production constraints. Russia’s invasion of Ukraine and the COVID-19 lockdown in Shanghai, where the company has a plant, were cited as the most significant stressors to the company’s semiconductor output. Continue reading TSMC Posts Record Q1 Profits Despite Continuing Shortages

AI Laws Becoming Decentralized with Cities First to Regulate

With the federal government still in the early phase of regulating artificial intelligence, cities and states are stepping in as they begin to actively deploy AI. While managing traffic patterns is straightforward, when it comes to policing and hiring practices, precautions must be taken to guard against algorithmic bias inherited from training data. The challenges are formidable. As with human reasoning, it is often difficult to trace the logic behind a machine’s decisions, making it challenging to identify a fix. Municipalities are evaluating different solutions, the goal being to prevent programmatic marginalization. Continue reading AI Laws Becoming Decentralized with Cities First to Regulate

Intel Vies for Lead in an Increasingly Complex Chip Business

The competition for global computer chip dominance depends largely on who can create the smallest components with the most advanced capabilities. So far, Taiwan-based TSMC leads, and the nation accounts for more than 90 percent of global production of advanced chips. By comparison, the U.S. claims about a 12 percent share, prompting the government to cite reliance on foreign-made processors as a cause of inflation and a national security threat. California-based Intel is heeding the challenge, spending billions on initiatives for AI computing, a high-end microprocessor plant expansion in Arizona and new plant in Ohio. Continue reading Intel Vies for Lead in an Increasingly Complex Chip Business

DALL-E 2 by OpenAI Creates Images Based on Descriptions

OpenAI has created a new technology that creates and edits images based on written descriptions of the desired result. DALL-E 2, an homage to the surrealist painter Salvador Dalí and the Pixar film “Wall-E,” is still in development but is already producing impressive results with simple instructions like “kittens playing chess” and “astronaut riding a horse.” OpenAI says the tech, “isn’t being directly released to the public” and the hope is “to later make it available for use in third-party apps. “Already some are expressing worry that such a tool has potential to exponentially increase the use of deepfakes. Continue reading DALL-E 2 by OpenAI Creates Images Based on Descriptions

EU’s Sweeping AI Act Takes Tough Stance on High Risk Use

The European Union’s pending Artificial Intelligence Act — the world’s first comprehensive effort to regulate AI — is coming under scrutiny as it moves to law. The Act proposes unplugging AI deemed a risk to society. Critics say it draws too heavily on general consumer product safety rules, overlooking unique aspects of AI, and is too closely tied to EU market law. This could limit its applicability as a template for other regions evaluating AI legislation, contravening the EU’s desired first-movers status in the digital sphere. Continue reading EU’s Sweeping AI Act Takes Tough Stance on High Risk Use

Pew Research Finds Americans Suspicious of AI and Biotech

A Pew Research study finds the public has a cautionary attitude toward artificial intelligence and human enhancements, with concerns about potentially unintended consequences of autonomous machines, and fear of what accelerated change in these areas might mean for society. The survey of more than 10,250 U.S. adults in November 2021 examined opinions of six technologies broken down into two categories: AI and bioengineering, with crossover in the area of AI-enhanced exoskeletons. Across all categories, a majority believe that federal government and “end users” should be involved — along with the creators or inventors — in setting standards. Continue reading Pew Research Finds Americans Suspicious of AI and Biotech

Nvidia Air Helps Users Create Virtual Doubles of Data Centers

Nvidia Air is a cloud-based platform to build, simulate and work the bugs out of a state-of-the-art data center powered by a modern network using digital twins. Geared toward medium to enterprise scale environments, the platform is the company’s latest Infrastructure-as-Code (IaC) product, letting users create a virtual double of a data center’s physical and logical layout and employ continuous integration and deployment testing and validation techniques before moving to a production environment. The idea is to go live with the same set of simulation, visualization and AI tools. Continue reading Nvidia Air Helps Users Create Virtual Doubles of Data Centers

Nvidia Introduces New Architecture to Power AI Data Centers

Nvidia CEO Jensen Huang announced a host of new AI tech geared toward data centers at the GTC 2022 conference this week. Available in Q3, the H100 Tensor Core GPUs are built on the company’s new Hopper GPU architecture. Huang described the H100 as the next “engine of the world’s AI infrastructures.” Hopper debuts in Nvidia DGX H100 systems designed for enterprise. With data centers, “companies are manufacturing intelligence and operating giant AI factories,” Huang said, speaking from a real-time virtual environment in the firm’s Omniverse 3D simulation platform. Continue reading Nvidia Introduces New Architecture to Power AI Data Centers

No-Code AI and Prediction Tools Bring Coding to the People

A new AI revolution is underway, turning people who know little about coding into developers. Called “no code,” startups are emerging to productize this new category, which essentially lets people use familiar, clickable web interfaces and even natural language to automate tasks or create simple applications, while machine learning takes over the rest. Proponents predict it will be a game-changer, powering a brigade of “citizen developers” to leverage artificial intelligence without knowing how to write code. Startups entering the space include Juji, which makes creating AI chatbots as easy as programming PowerPoint. Continue reading No-Code AI and Prediction Tools Bring Coding to the People

Instagram Introduces Video Captions, Shutters the IGTV App

Instagram is making changes to its videos, adding auto-generated captions in 17 languages even as it discontinues support for the standalone IGTV video app to “focus on having all video on the main Instagram app.” It is eliminating the in-stream advertising known as IGTV ads while exploring ways to help creators monetize the short-form Reels format that “continues to be the largest contributor to engagement growth on Instagram,” according to the social platform. Instagram says it will “begin testing a new ad experience” later this year that will “allow creators to earn revenue from ads displayed on their Reels.”  Continue reading Instagram Introduces Video Captions, Shutters the IGTV App

TCL Announces New Phones, Foldables and Tablets at MWC

TCL is expanding its affordable 30-series smartphone line with five new models, all of them featuring AMOLED displays and 50-megapixel main cameras for prices ranging from about $155 for the TCL 30 E to $277 for the TCL 5G. The 30 Series phones, which TCL teased at CES 2022, will be available in Europe beginning in April. Also at Mobile World Congress in Barcelona, TCL unveiled two foldable concept phones and several tablets, including the NxtPaper MAX 10, a tablet featuring a paper-like 10.36-inch display in FHD+ for around $300 when it becomes available later this year, initially in Asia. Continue reading TCL Announces New Phones, Foldables and Tablets at MWC

Soul Machines Provides Brands AI with an Empathetic Touch

Soul Machines, which creates autonomously animated digital characters that use AI and natural language processing to interact with humans in real time, has completed a Series B1 financing round of $70 million led by SoftBank Vision Fund 2. The 6-year-old New Zealand-based firm has thus far raised $135 million to fund its effort to create AI-powered “digital people” for digital environments involving entertainment, the metaverse, customer service and education. Soul Machines says it plans to use the new investment to fund continued growth in enterprise markets and ongoing deep tech research for its Digital Brain project. Continue reading Soul Machines Provides Brands AI with an Empathetic Touch

ETC Releases Its CES 2022 Report: AI, AR, Multiverse, NFTs

Moving back toward an onsite experience, the Consumer Technology Association (CTA) hybrid format for CES 2022 opened to an anticipated reduced audience compared to previous years but continued its showcase of insightful and exciting product revelations and keynote addresses. With its own hybrid makeup, the ETC@USC team’s boots on the ground in Las Vegas and remote reporting in Los Angeles identified and covered four specific areas of activities — the multiverse, augmented reality, NFTs and artificial intelligence – as well as other CES tech trends, products, keynotes and highlights. ETC’s CES 2022 Report is now available online. Continue reading ETC Releases Its CES 2022 Report: AI, AR, Multiverse, NFTs

Google Workspace Updates Docs with Email, Map Integration

Google continues to add improvements to its Google Docs, adding AI-generated summaries, better email integration and inline Google Maps previews. The company also announced the suite-wide availability of pageless documents, in test mode since May. The update is a further attempt by Google to push against startups like Notion and Coda as well as making its Google Workspace suite more competitive with productivity market leader Microsoft Office and its dominant Microsoft Word. In November, Microsoft announced Loop, a real-time collaborative editing app. With the exception of the email feature, most of the updates will be immediately available. Continue reading Google Workspace Updates Docs with Email, Map Integration

Insight Partners Leads $20M Series A Funding for Deepdub AI

Deepdub, the Tel Aviv-based tech firm specializing in automated language localization using AI, has raised $20 million in Series A funding led by New York-based global venture capital and private equity firm Insight Partners. The two-year-old Israeli company will use the funds to expand its global sales and delivery reach, bolster R&D and other platform enhancements. The investment follows a year of explosive growth for Deepdub, which in December announced a multi-series partnership with First Look Entertainment’s streaming service Topic to dub into English its catalog of international documentary and TV series. Continue reading Insight Partners Leads $20M Series A Funding for Deepdub AI