Google’s Artificial Intelligence Adopts a Fresh Moniker: Gemini

Google's Artificial Intelligence Adopts a Fresh Moniker | Mr. Business Magazine

In a major development, Google has revealed its latest artificial intelligence (AI) model, Gemini, set to be integrated into a new web portal, chatbot, and selected applications. Boasting superiority over OpenAI’s GPT-4 on 30 out of 32 common performance benchmarks, Gemini Ultra, the largest of Google’s Large Language Models (LLMs), is set to be a key feature in the Google One AI Premium Plan, priced at $19.99 per month. Users will soon be able to leverage Gemini within popular Google services like Gmail, Docs, Slides, and Sheets, marking a significant leap in Artificial Intelligence capabilities.

Arm Holdings Soars with Impressive Quarterly Revenue

Arm Holdings, the CPU chip designer, has witnessed a remarkable surge in its stock, soaring by over 50% following the announcement of $824 million in quarterly revenue. This figure substantially exceeded analysts’ projections of $762 million, reflecting the substantial impact of Arm’s collaboration with Apple to design chips for iPhones, iPads, and Macs until 2040. The positive reception from investors highlights the strategic success of Arm since its public debut in September, solidifying its position as a key player in the semiconductor industry.

Dyson Unveils Supersonic “r” Hairdryer – A Beauty Innovation

Dyson, synonymous with cutting-edge technology, has launched the Supersonic “r” hairdryer, an ultra-lightweight beauty innovation weighing only 11.4 ounces – less than a standard bottle of hairspray. In an exclusive interview with Fast Company, James Dyson revealed that this launch is just the beginning, with plans to release 20 new beauty products by 2026. This initiative is part of Dyson’s substantial $630 billion investment in Research and Development (R&D) across its beauty portfolio, positioning the company as a trailblazer in beauty tech.

Google’s newest Artificial Intelligence in 90 seconds

FCC Takes Action Against Artificial Intelligence Robocalls, Tech Layoffs Continue

The Federal Communications Commission (FCC) has implemented a significant ban on fake Artificial Intelligence robocalls targeting voters, utilizing the 1991 Telephone Consumer Protection Act. This move follows deceptive calls mimicking President Joe Biden during New Hampshire’s primary. The FCC can now fine violators up to $23,000, aligning its efforts with states to combat this issue. Simultaneously, the tech industry witnesses ongoing layoffs, with Grammarly, Docusign, Snap, and Amazon experiencing workforce reductions.

The trend of restructuring and streamlining operations continues, with over 33,874 tech job cuts recorded since the beginning of the year. Zoom further contributed to this trend by letting go of its entire diversity, equity, and inclusion team among 150 employees, echoing a broader shift in DEI commitments across the tech sector.

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