All articles by Greg Noone
Meta AI profits unlikely in near term, admits Zuckerberg
Despite strong quarterly revenues, Meta’s share price dipped after founder Mark Zuckerberg explained that the firm’s commitment to AI should be considered to be a long-term investment.
Atos calls for even more cash to rescue business
In its latest update to investors, Atos said that a recent review of its business plan found that the cupboards were more bare than expected.
Snowflake launches 480bn-parameter LLM, Arctic
Snowflake is open-sourcing the large language model, which it claims is capable of parsing complex enterprise workloads.
Tesla will launch humanoid robots by 2025, says Elon Musk
The billionaire entrepreneur said that Tesla’s ‘Optimus’ humanoid robots will be capable of performing complex factory tasks by the end of this year.
Microsoft announces phi-3-mini compact LLM
Though it may seem big at 1.3 billion parameters, phi-3-mini is the latest in Microsoft’s series of lightweight large language models.
Salesforce kills bid for Informatica
Salesforce has reportedly backed away from a deal to buy Informatica that would have valued the data processing specialist at $11bn.
Meta releases Llama 3
Its most powerful large language model so far, Meta said that Llama 3 will be open source, with the firm planning to add new multimodal features in due course.
Cisco debuts new AI-powered ‘HyperShield’ security system
Cisco said that HyperShield will use AI to dynamically protect data, devices and clouds.
Number of hyperscale data centre facilities set to double every four years
New data also shows that the number of data centre facilities managed by hyperscale cloud providers reached over 1,000 earlier this year.
Next UK government urged to invest in regulators to safeguard fintech growth
Both the Startup Coalition and the Tony Blair Institute for Global Change urge the victors of the forthcoming UK’s general election to fund regulators to protect its burgeoning fintech scene.