Tag Archives: giant

EV giant reports Q4 revenue and profit beat; Cybertruck to begin production later this year

EV giant reports Q4 revenue and profit beat; Cybertruck to begin production later this year

Tesla stock is trading slightly higher in after hours following the EV maker reporting a Q4 earnings revenue and profit beat. In addition, the most significant news for Tesla’s 2023 roadmap is the upcoming Cybertruck is on track for production later this year. For the quarter, Tesla (TSLA) reported: That revenue represents another record high for Tesla, up over $2 billion sequentially from Q3 and nearly $7 billion from a year ago. On the profitability end, Tesla is reporting adjusted net income… Source link

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Google isn’t just afraid of competition from ChatGPT — the giant is scared ChatGPT will kill AI

Google isn’t just afraid of competition from ChatGPT — the giant is scared ChatGPT will kill AI

Happy nearly Lunar New Year’s Eve, reader. I’m Diamond Naga Siu, and I’m excited to hop into the Year of the Rabbit. This New Year I’m reflecting on old traditions — I think a lot of new things benefit from the influence of the old and vice versa. A perfect example of this is the viral technology ChatGPT. ChatGPT makes a lot of people nervous (here’s everything you need to know about it, BTW). People more scholarly than I am are worried about cheating, plagiarism, and more issues. But I’m… Source link

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Russian Tech Giant VK Orders Workers to Return From Abroad – Report

Russian Tech Giant VK Orders Workers to Return From Abroad – Report

Updates with clarification from VK source. Russian tech giant VK Group is demanding its employees based abroad return to the country as lawmakers consider a legal ban on remote work, investigative media reported Thursday, citing sources familiar with the matter. The government estimates that 100,000 IT workers — or 10% of the nation’s tech workforce — have left Russia since the invasion of Ukraine and a “partial” mobilization of reserves last year, though some 80,000 IT… Source link

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Yandex Co-Founder Bids Farewell to Partitioned Russian Tech Giant

Yandex Co-Founder Bids Farewell to Partitioned Russian Tech Giant

The co-founder of Yandex, Arkady Volozh, announced on Friday that he was leaving the Russian tech giant, addressing a farewell letter to the firm’s employees, in which he described Yandex as “the project of my life” and the plan to restructure the company as “reasonable and necessary.” Volozh, whose fortune was estimated by Forbes at $2.3 billion in 2021, stepped down as Yandex’s CEO in June, after he was included in the EU’s sixth package of economic sanctions against… Source link

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Could ChatGPT challenge Google? Morgan Stanley says the search giant has nothing to worry about. – msnNOW

Could ChatGPT challenge Google? Morgan Stanley says the search giant has nothing to worry about. – msnNOW

© NurPhoto/Getty Images ChatGPT, a AI chat bot, has gone viral in the past two weeks. NurPhoto/Getty Images When ChatGPT went viral, people began using it as an alternative to Google Searches. Investors started seeing a world where generative AI would disrupt Google by taking some search traffic away. But Google has a first mover advantage and also heavily invests in AI — challenging it will be difficult. ChatGPT, the viral internet AI chatbot, has brought the world of… Source link

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ChatGPT smoked Google. Here’s why the search giant didn’t release an advanced chatbot first.

ChatGPT smoked Google. Here’s why the search giant didn’t release an advanced chatbot first.

This article is from Big Technology, a newsletter by Alex Kantrowitz. Google’s had an awkward week. After years of preaching that conversational search was its future, it’s stood by as the world discovered ChatGPT. The powerful chatbot from OpenAI takes queries—some meant for the search bar—and answers with astonishing conversational replies. It’s shared recipes, reviewed code, and argued politics so adeptly that screenshots of its answers now fill social… Source link

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Russian tech giant Yandex erases damaged Ukrainian buildings from maps; Iranian regime thrives on Telegram

Russian tech giant Yandex erases damaged Ukrainian buildings from maps; Iranian regime thrives on Telegram

Bits of Ukraine are being erased from the Russian internet. As the war drags on, residential buildings that have crumbled under Russian attacks in Mariupol have begun to disappear from Yandex Maps, in what might be an attempt to hide the scale of destruction. Last August, users noticed that the borders between countries suddenly disappeared. Country names stayed in place, but the lines distinguishing one from the next vanished, as if the question of where… Source link

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Putin ally Kudrin accepts tech giant Yandex’s offer of advisory role

Putin ally Kudrin accepts tech giant Yandex’s offer of advisory role

By Alexander Marrow MOSCOW (Reuters) -Alexei Kudrin, a longtime ally of Russian President Vladimir Putin, said on Monday he would join technology giant Yandex to advise on corporate development as the company begins a sweeping governance and ownership overhaul. Yandex’s Dutch-registered holding company last month said it planned to divest ownership and control of most of Yandex Group, including its main revenue-generating businesses, a move that could lead to enhanced… Source link

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Russia’s Kudrin accepts role as adviser to tech giant Yandex

Russia’s Kudrin accepts role as adviser to tech giant Yandex

MOSCOW, Dec 5 (Reuters) – Alexei Kudrin, who resigned as head of Russia’s Audit Chamber last week, said on Monday he had accepted an offer from technology giant Yandex (YNDX.O) to become an adviser on corporate development. Yandex last month announced a review of a possible sweeping governance overhaul that would leave its major business units in Russia under new ownership. Sources told Reuters that Kudrin had been discussing the move to Yandex with President Vladimir Putin. “Together with the… Source link

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