Apple’s Revenue Is Impacted by Pressure from Chinese Rivals

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

GitHub Puts Copilot Workspace Developer Platform in Preview

GitHub has introduced Copilot Workspace, a Copilot-native developer environment for artificial intelligence, in technical preview. Developers are invited to sign up for a waitlist for the service, which allows the use of natural language to plan, build, test and run code. The Microsoft-owned company has introduced various aspects of Copilot over the past few years, adding an autocomplete pair programmer in 2022, and in 2023 Copilot Chat for natural language coding, debugging and testing, “allowing developers to converse with their code in real time.” The “task-centric” Copilot Workspace leverages different agents for a “start-to-finish experience.” Continue reading GitHub Puts Copilot Workspace Developer Platform in Preview

Amazon Q1 Profits Surge on Strong Retail and AWS Comeback

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

Synthesia Express-1 Model Gives ‘Expressive Avatars’ Emotion

London-based AI-startup Synthesia, which creates avatars for enterprise-level generative video presentations, has added “Expressive Avatars” to its feature kit. Powered by Synthesia’s new Express-1 model, these fourth-generation avatars have achieved a new benchmark in realism by using contextual expressions that approximates human emotion, the company says. Express-1 has been trained “to understand the intricate relationship between what we say and how we say it,” allowing Expressive Avatars to perform a script with the correct vocal tone, body language and lip movement, “like a real actor,” according to Synthesia. Continue reading Synthesia Express-1 Model Gives ‘Expressive Avatars’ Emotion

Microsoft Cloud Buoys Quarterly Revenue to Nearly $62 Billion

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

Alphabet Profit Up 57 Percent, Prompting First-Ever Dividend

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

Meta Opens Mixed Reality OS to Third-Party Hardware Makers

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

Microsoft Small Language Models Are Ideal for Smartphones

Microsoft, which has been developing small language models (SLMs) for some time, has announced its most-capable SLM family, Phi-3. SLMs can accomplish some of the same functions as LLMs, but are smaller and trained on less data. That smaller footprint makes them well suited to run in a local environment, which means they’re ideal for smartphones, where in theory they would not even need an Internet connection to run. Microsoft claims the Phi-3 open models can outperform “models of the same size and next size up across a variety of benchmarks that evaluate language, coding and math capabilities.” Continue reading Microsoft Small Language Models Are Ideal for Smartphones

Microsoft’s VASA-1 Can Generate Talking Faces in Real Time

Microsoft has developed VASA, a framework for generating lifelike virtual characters with vocal capabilities including speaking and singing. The premiere model, VASA-1, can perform the feat in real time from a single static image and a vocalization clip. The research demo showcases realistic audio-enhanced faces that can be fine-tuned to look in different directions or change expression in video clips of up to one minute at 512 x 512 pixels and up to 40fps “with negligible starting latency,” according to Microsoft, which says “it paves the way for real-time engagements with lifelike avatars that emulate human conversational behaviors.” Continue reading Microsoft’s VASA-1 Can Generate Talking Faces in Real Time

Meta Deploys Gen 2 MTIA AI Accelerator Chip in Data Centers

Meta’s next generation AI silicon is a 5nm chip designed to power the models that provide recommendations to those who use its social network platforms. The new MTIA inference accelerator is part of a “broader full-stack development program for custom, domain-specific silicon that addresses our unique workloads and systems,” Meta says. The next-gen MTIA more than doubles the compute and memory bandwidth of its predecessor, the 7nm MTIA v1 chip introduced in May 2023, resulting in 3x the performance, according to Meta, which says the new silicon is already live in 16 data centers. Continue reading Meta Deploys Gen 2 MTIA AI Accelerator Chip in Data Centers

LinkedIn Gets Advertisers Connected with CTV, NBCUni Deal

Microsoft’s LinkedIn social business platform has joined forces with NBCUniversal to enter the connected TV advertising market. At its B2Believe customer event in New York, LinkedIn unveiled three new offerings — LinkedIn CTV Ads, LinkedIn Premiere with NBCUniversal, and Live Event Ads. Advertisers can get their creative in front of the LinkedIn audience against streaming content on connected TVs with LinkedIn CTV, target U.S. decision makers across NBCUniversal’s premium CTV content with LinkedIn Premiere and promote corporate live events before, during, and after with Live Event Ads. Kantar and iSpot are offering measurement insights. Continue reading LinkedIn Gets Advertisers Connected with CTV, NBCUni Deal

Opera Browser Is Experimenting with Local Support for LLMs

Opera has become the first browser to add support for large language models (LLMs). At this point the feature is experimental, and available only on the Opera One Developer browser as part of the AI Feature Drops program. The update offers about 150 LLMs from more than 50 different families, including Meta’s LLaMA, Google’s Gemma, Mixtral and Vicuna. Opera had previously only offered local support for its own Aria AI, a competitor to Microsoft Copilot and OpenAI’s ChatGPT. The local LLMs are being offered for testing as a complimentary addition to Opera’s online Aria service. Continue reading Opera Browser Is Experimenting with Local Support for LLMs

OpenAI Hopes ChatGPT Enterprise Will Help Drive B2B Profit

There are now more than 600,000 users signed up for OpenAI’s ChatGPT Enterprise, up from 150,000 in January of this year. A surge, by any standards, it has sent OpenAI doubling down on the B2B approach as a way to turn artificial intelligence into a profitable business — something it is under some pressure to do in order to satisfy its obligations to investors. The company is also amping up its Custom Model training program, aimed at helping enterprise clients develop individually tailored generative AI technology for specific use cases and applications. Continue reading OpenAI Hopes ChatGPT Enterprise Will Help Drive B2B Profit

Big Tech Launches Consortium to Address AI Impact on Jobs

Artificial Intelligence is not angling to steal jobs, according to Big Tech, which is galvanizing its forces to push back against that perception by forming a new consortium that addresses the effect of AI on the workforce. Called the AI-Enabled ICT Workforce Consortium, it will “assess AI’s impact on technology jobs and identify skills development pathways for the roles most likely to be affected by artificial intelligence,” according to Cisco, which leads the initiative. Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP are also participating. Continue reading Big Tech Launches Consortium to Address AI Impact on Jobs

Microsoft, Quantinuum Tout Advance in Quantum Computing

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