Silicon Valley’s Best Kept Secret: Founder Liquidity

Posted under: Tech Move
Date: 2024-06-13
Silicon Valley’s Best Kept Secret: Founder Liquidity

Founder liquidity refers to the practice where founders sell a portion of their shares during a new funding round. This allows them to "take chips off the table," securing personal financial stability while continuing to build the company with a fresh influx of venture capital. This practice is often kept under wraps, discussed in closed boardrooms, and only briefly mentioned in investor updates. You would really only know this happened if you were a founder, investor, or had direct access to the cap table.

Read more at: www.stefantheard.com

Giant Chips Give Supercomputers a Run for Their Money

Posted under: Computing
Date: 2024-06-13
Giant Chips Give Supercomputers a Run for Their Money

As large supercomputers keep getting larger, Sunnyvale, California-based Cerebras has been taking a different approach. Instead of connecting more and more GPUs together, the company has been squeezing as many processors as it can onto one giant wafer. The main advantage is in the interconnects—by wiring processors together on-chip, the wafer-scale chip bypasses many of the computational speed losses that come from many GPUs talking to each other, as well as losses from loading data to and from memory.

Read more at: spectrum.ieee.org

The Windows on Arm chip race heats up with a challenger to Qualcomm

Posted under: Web technologies
Date: 2024-06-13
The Windows on Arm chip race heats up with a challenger to Qualcomm

MediaTek is set to launch an AI PC chipset for Windows PCs in late 2025, entering the competition with Nvidia and AMD as Qualcomm's exclusivity with Microsoft ends. The new chip aims at Microsoft's Copilot Plus PC program, and MediaTek may also collaborate with Nvidia on a gaming chip. Competition in the laptop space intensifies.

Read more at: www.theverge.com

All the Top New Features Coming to MacOS Sequoia

Posted under: Tech Move
Date: 2024-06-13
All the Top New Features Coming to MacOS Sequoia

Apple's macOS Sequoia, or macOS 15, includes new features such as iPhone Mirroring, improved Safari, Window Tiling, a Passwords app, and AI-powered Apple Intelligence. Macs from 2017 and later are compatible, with AI functions available only on M-series chip Macs. The update is free, with a developer beta accessible right now and a public beta coming in July.

Read more at: www.wired.com

Generative AI takes robots a step closer to general purpose

Posted under: AI technologies
Date: 2024-06-13
Generative AI takes robots a step closer to general purpose

The push to produce a robotic intelligence that can fully leverage the wide breadth of movements opened up by bipedal humanoid design. One of the prime use cases suggested by the MIT team is the ability to collate relevant information from these small, task-specific datasets. Tasks include useful robot actions like pounding in a nail and flipping things with a spatula.

Read more at: techcrunch.com

AI-powered voice tools can support small businesses

Posted under: AI technologies
Date: 2024-06-13
AI-powered voice tools can support small businesses

By bringing AI to voice calls, small business owners can ensure that they are not left behind and have equal access to AI to advance their businesses and maintain quality engagements with their customers. It will be able to gain a deep understanding of what’s happening on calls. Another helpful use case is using AI-driven voice analysis for inventory management.

Read more at: aibusiness.com

Oracle shares jump on Google and OpenAI deals despite earnings miss

Posted under: Tech Move
Date: 2024-06-12
Oracle shares jump on Google and OpenAI deals despite earnings miss

Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of Wall Street expectations. Oracle said in a statement on Tuesday that it would bring its database to Google’s cloud, with availability coming in November. Organizations will be able to deploy workloads in Google and Oracle cloud data center regions without being subject to data-transfer charges, Oracle said.

Read more at: www.facebook.com

Apple WWDC 2024: the 13 biggest announcements

Posted under: Web technologies
Date: 2024-06-12
Apple WWDC 2024: the 13 biggest announcements

Apple’s Worldwide Developers Conference keynote has come to a close — and the company had a whole lot to share. We’ve gathered all the biggest announcements that you can check out below. Apple’s first AI system is coming to the iPhone, iPad, and Mac. Siri gets a big AI boost. Apple is building ChatGPT into Siri. A Passwords app to keep track of your logins. iPad OS 18 adds a Calculator app with Apple Pencil support.

Read more at: www.theverge.com

64% of Brits in favour of Gen AI marketing

Posted under: AI technologies
Date: 2024-06-12
64% of Brits in favour of Gen AI marketing

According to Adobe’s Digital Trends Report, 64% of consumers value personalized recommendations, but 92% insist on responsible data use. While many accept age and gender-based personalization, fewer are comfortable with data like ethnicity or income. Marketers are cautiously adopting generative AI for personalized content, emphasizing transparency and quality to maintain customer trust.

Nokia unveils world’s first immersive voice and audio call technology

Posted under: Web technologies
Date: 2024-06-12
Nokia unveils world’s first immersive voice and audio call technology

Nokia achieved the world's first immersive voice and audio call using the new IVAS codec over a commercial 5G network. This technology, demonstrated in Finland, offers real-time spatial sound, enhancing call quality and interaction. Although widespread deployment will take time, most current smartphones already have the necessary microphones for IVAS compatibility, paving the way for future advanced communication experiences.

Read more at: www.telecomstechnews.com