By
Paula ParisiMay 15, 2024
France has been pursuing Big Tech and Microsoft and Amazon are among the first to express interest. Microsoft has committed $4.3 billion to expand cloud and AI infrastructure there, sharing plans to bring as many as 25,000 advanced GPUs to France by the close of 2025. The software giant will also train one million people for AI and data jobs while supporting 2,500 AI startups over the next three years. Meanwhile, Amazon announced that it would invest up to $1.3 billion to expand its existing footprint of 35 logistics facilities in the country. The deals were announced Monday during the Choose France summit hosted by French President Emmanuel Macron. Continue reading Microsoft, Amazon Commit to Expanding Operations in France
This week Microsoft announced plans to help establish Southeast Wisconsin “as a hub for AI-powered economic activity, innovation, and job creation,” according to the company’s press release. As part of the broad investment package, the tech giant is planning “$3.3 billion in cloud computing and AI infrastructure, the creation of the country’s first manufacturing-focused AI co-innovation lab, and an AI skilling initiative to equip more than 100,000 of the state’s residents with essential AI skills.” Microsoft’s new data center campus will replace the failed $10 billion Foxconn LCD manufacturing center planned for Mount Pleasant, situated in Racine County. Continue reading Microsoft to Invest $3.3 Billion in Building New AI Data Center
By
Paula ParisiMay 9, 2024
Amazon Web Services has added Bedrock Studio to the lineup of offerings at Bedrock, its cloud-based managed service for artificial intelligence. Available beginning this week in public preview, Bedrock Studio aims to greatly simplify the development of artificial intelligence apps for its subscribers, allowing them to get going “within minutes,” according to AWS. Developers can log in to the Amazon Bedrock Studio web experience using single sign-on (SSO) company credentials “and instantly start experimenting with Bedrock FMs and tools to build applications,” the cloud giant says, describing the studio as a “rapid prototyping environment” for generative AI. Continue reading AWS Simplifies AI Development with Amazon Bedrock Studio
By
Paula ParisiMay 8, 2024
Google introduced Threat Intelligence at the RSA Conference in San Francisco this week. Claiming actionable information at “visibility only Google can deliver, based on billions of signals across devices and emails,” Threat Intelligence draws on the capabilities of the company’s Gemini LLMs, Mandiant cybersecurity arm, and cloud-based VirusTotal tool. An AI-powered Gemini agent “provides conversational search” across the repository of Threat Intelligence, “enabling customers to gain insights and protect themselves from threats faster than ever before,” Google says in a move to empower even small teams without IT departments with threat protection. Continue reading Google Taps AI for Its ‘Threat Intelligence’ Cybersecurity Plan
Amazon has pulled the plug on CodeWhisperer, which has been incorporated into its Q Developer product, announced at November’s re:Invent as part of an AI-powered AWS enterprise suite called Amazon Q, which also includes Q Business. Both Q Developer, which enables natural language coding, and Q Business, a data-driven productivity tool are now in general release, and Q Apps has just been added in preview, letting employees “build generative AI-powered apps from their company’s data, without any prior coding experience.” The move comes as Amazon seeks to gain ground on the Microsoft-owned GitHub’s AI coding products. Continue reading AWS CodeWhisperer Is Rebranded as Part of Amazon Q Suite
Apple revealed its largest quarterly decline in iPhone sales since the July-September period in 2020 during the pandemic, placing additional pressure on the tech giant to step up its artificial intelligence efforts. Apple iPhone sales for January-March dropped 10 percent year-over-year, as its top product faced increased competition from Huawei in China, Apple’s third-largest market. Apple’s quarterly revenue decreased 4 percent from the same period last year to $90.8 billion, marking the fifth dip in the past six quarters for the company. Apple’s $23.64 billion profit for the quarter represents a 2 percent reduction from last year. Still, Apple shares rose in after-market trading. Continue reading Apple’s Revenue Is Impacted by Pressure from Chinese Rivals
Amazon reported $143.3 billion in Q1 revenue, a 13 percent increase year-over-year, excluding the impact from foreign exchange rates, with net income at just over $10.3 billion, a nearly 229 percent surge that set a first quarter record for the company. Both categories outperformed Wall Street expectations, with strong online sales and a booming cloud business thanks to the increased demands of artificial intelligence deployment by enterprise clients credited as driving the boom. Amazon President and CEO Andy Jassy called it “a good start to the year.” Continue reading Amazon Q1 Profits Surge on Strong Retail and AWS Comeback
By
ETCentric StaffApril 29, 2024
Microsoft revenue was $61.9 billion in the quarter ending March 31, up 17 percent compared to the same period a year ago. Profit was up 20 percent, to $21.9 billion, despite an increase in capital expenditure to purchase Nvidia GPUs for training and running AI models. The performance smashed analyst predictions, sending the stock up 5 percent in after-hours trading. Revenue for the Microsoft Cloud division overall was $35.1 billion, up 23 percent year-over-year, fueled largely by customers using it to host resource intensive AI services. Revenue in the Intelligent Cloud sector was $26.7 billion, a 21 percent uptick. Continue reading Microsoft Cloud Buoys Quarterly Revenue to Nearly $62 Billion
By
ETCentric StaffApril 29, 2024
Alphabet reported revenue of $80.5 billion for Q1, a 15 percent increase fueled largely by online advertising from Google Search and YouTube. The figure topped analyst estimates of $78.8 billion. Profit soared, rising 57 percent to more than $23.6 billion, wildly overperforming the forecast of $18.9 billion. The strong performance resulted in Alphabet announcing its first ever shareholder dividend, at 20 cents per share, which pays out on June 17. Alphabet’s board approved a $70 billion stock repurchase program, and the news-filled earnings event drove Alphabet shares up 13 percent in after-hours trading. Continue reading Alphabet Profit Up 57 Percent, Prompting First-Ever Dividend
By
ETCentric StaffApril 26, 2024
The trend toward small language models that can efficiently run on a single device instead of requiring cloud connectivity has emerged as a focus for Big Tech companies involved in artificial intelligence. Apple has released the OpenELM family of open-source models as its entry in that field. OpenELM uses “a layer-wise scaling strategy” to efficiently allocate parameters within each layer of the transformer model, resulting in what Apple claims is “enhanced accuracy.” The “ELM” stands for “Efficient Language Models,” and one media outlet couches it as “the future of AI on the iPhone.” Continue reading Apple Unveils OpenELM Tech Optimized for Local Applications
By
ETCentric StaffApril 25, 2024
Meta Platforms has rebranded its Quest VR operating system Horizon OS and is opening the platform to third parties. While licensing terms have not been publicly disclosed, Asus and Lenovo have said they’re going to be designing hardware using the system. Microsoft and Qualcomm are also in round one of the companies on the inside track as Meta positions Horizon OS along the lines of a universal VR standard, not unlike Microsoft’s Windows OS for computers. All four companies have already been working with Meta on VR for Quest or its predecessor, Oculus. Continue reading Meta Opens Mixed Reality OS to Third-Party Hardware Makers
By
ETCentric StaffApril 12, 2024
Beginning May 15, Google Photos users can start accessing a suite of free AI-powered Magic Editor tools like Magic Eraser and Portrait Light. The features will also be accessible on more devices, including Pixel tablets. Last year, Google launched Magic Editor on Pixel 8 and Pixel 8 Pro phones. In addition to making the features available on all Pixel devices, all Google Photos users on Android and iOS will get baseline access to 10 Magic Editor saves per month. Additionally, those with a Pixel device or Premium Google One plan of at least 2TB will have unlimited use. Continue reading Google Adding Free AI Photo Editing Tools to Google Photos
By
ETCentric StaffApril 5, 2024
Microsoft and Quantinuum have improved the logical error rate in quantum computing by 800x, a breakthrough the partners say has the potential to usher in a new era of qubit processing. Using ion-trap hardware from Quantinuum and a qubit-virtualization system from Microsoft, the team ran more than 14,000 experiments with no errors — a huge feat in the notoriously fickle realm of qubits. The system has error diagnostics and corrections built in, identifying which errors need to be fixed and correcting them without destroying the underlying logical qubits, according to the companies. Continue reading Microsoft, Quantinuum Tout Advance in Quantum Computing
By
ETCentric StaffApril 4, 2024
Amazon Web Services has launched a new cloud computing service called AWS Deadline Cloud that allows customers to set up, deploy, and scale rendering projects in what the company says is mere “minutes,” improving efficiency by facilitating parallel rendering pipelines. “With Deadline Cloud, customers creating computer graphics, visual effects, or innovating their pipelines to incorporate artificial intelligence-generated visuals can build a cloud-based render farm — aggregated compute — that scales from zero to thousands of compute instances for peak demand, without needing to manage their own infrastructure,” according to AWS. Continue reading AWS Deadline Cloud Service Scales Up Instant Render Farms
By
ETCentric StaffApril 3, 2024
Amazon has added $2.75 billion to its initial September 2023 investment of $1.25 billion in Anthropic, completing its announced $4 billion stake in the artificial intelligence startup formed in 2021 by former members of OpenAI. As part of the resulting strategic collaboration, Anthropic’s most powerful models, including the Claude 3 series, are available on Amazon Bedrock, a service providing fully managed foundation models. Anthropic is using Amazon Web Services as its primary cloud provider and Amazon says Anthropic will use AWS Trainium and Inferentia chips “to build, train, and deploy its future models.” Continue reading Amazon Increases Its Investment in Anthropic AI to $4 Billion