Technology

Microsoft bets on AI as the ‘next wave’

  Bloomberg Microsoft Corp is investing heavily in artificial intelligence (AI), but don’t expect the magic of OpenAI’s ChatGPT to show up in its signature Word program quite yet. The software giant announced a $10 billion investment in OpenAI, whose AI tool ChatGPT is trained on troves of data to generate human-like responses to prompts in seconds. Microsoft plans to ...

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Amazon to invest $35bn in Virginia data centers by 2040

  Bloomberg Amazon.com Inc.’s cloud unit will spend $35 billion on new data centers in Virginia by 2040, underscoring its determination to stay ahead of rivals Microsoft Corp. and Alphabet Inc. The investments at multiple locations will create an estimated 1,000 jobs in Virginia, the state said in a news release. Virginia is Amazon Web Services’ (AWS) most important hub, ...

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Apple delays AR glasses, plans cheaper mixed-reality headset

  Bloomberg Apple Inc. is still planning to unveil its first mixed-reality headset this year, but an even more important follow-up product — lightweight augmented-reality glasses — has been postponed due to technical challenges. The company had originally hoped to release the AR glasses after the debut of its mixed-reality headset, which combines both AR and virtual reality, but that ...

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Microsoft plans 10,000 job cuts

Bloomberg Microsoft Corp said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has bruised many of the technology industry’s biggest names. The company will take a $1.2 billion charge in the second fiscal quarter related to the move, which will shave 12 cents off of earnings ...

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Apple to begin making in-house screens in 2024

  Bloomberg Apple Inc is planning to start using its own custom displays in mobile devices as early as 2024, an effort to reduce its reliance on technology partners like Samsung and LG and bring more components in-house. The company aims to begin by swapping out the display in the highest-end Apple Watches by the end of next year, according ...

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Intel rolls out design aimed at winning back server market share

  Bloomberg Intel Corp released chips with its delayed server design that are key to regaining control of one of the most lucrative markets in computing. Xeon processors based on the new Sapphire Rapids design are already in cloud-computing systems run by Alphabet Inc.’s Google and Amazon.com Inc.’s Amazon Web Services and are going on general sale in machines offered ...

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Amazon game studios executive quits

Bloomberg Another veteran executive is leaving Amazon.com Inc.’s video game division, which has struggled to produce big hits since it launched a decade ago. John Smedley, who has three decades of experience in the industry and ran Amazon Game Studios office in San Diego for six years, told staff that he’s stepping aside. Smedley joined Amazon in 2017 and worked ...

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OpenAI’s chatbot to make Bing smarter: Microsoft

  Bloomberg Microsoft Corp is preparing to add OpenAI’s ChatGPT chatbot to its Bing search engine in a bid to lure users from rival Google, according to a person familiar with the plans. Microsoft is betting that the more conversational and contextual replies to users’ queries will win over search users by supplying better-quality answers beyond links, said the person, ...

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Samsung unveils smart-home hub, pushing deeper into Amazon turf

  Bloomberg Samsung Electronics Co. announced a smart-home control device that doubles as a wireless charger at the CES conference in Las Vegas, pushing deeper into a market led by Amazon.com Inc. The new hub, called the SmartThings Station, allows users to remotely operate accessories such as lights, locks and thermostats in their homes, the company said at the electronics ...

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IBM loses top patent spot in 2022

  Bloomberg International Business Machines Corp (IBM) dropped from the top spot for US patents in 2022, the first time in decades Big Blue hasn’t claimed the most in a year, signalling a strategy shift at the longtime intellectual property leader. IBM’s patent count declined 44% to 4,743 patents in 2022, falling to No. 2 behind Samsung Electronics Co.’s 8,513, ...

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