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On this day, 51 years ago, Atari released Pong, the world's first hit video game, igniting the birth of the gaming industry and establishing Atari as the dominant force in both arcade and home gaming into the early 1980s.
Here's the latest tech news from the last 24 hours:
🤖 Amazon unveils Q, an AI-powered chatbot for businesses
🎥 New AI video generator wows tech community
🚫 OpenAI unlikely to offer board seat to Microsoft
🍪 Amazon says its next-gen chips are 4x faster for AI training
🍎 Apple to end credit card partnership with Goldman Sachs
🚨 Jack Ma urges Alibaba to ‘correct course’ in internal memo
⚽ Cristiano Ronaldo faces $1bn lawsuit over Binance ads
🤖 Amazon unveils Q, an AI-powered chatbot for businessesLINK
Amazon's AWS has launched Amazon Q, an AI chat tool allowing businesses to ask company-specific questions using their data, currently integrated with Amazon Connect and soon to be available for other AWS services.
Amazon Q can utilize models from Amazon Bedrock, including Meta's Llama 2 and Anthropic's Claude 2, and is designed to adhere to customer security parameters and privacy standards.
Alongside Amazon Q, AWS CEO Adam Selipsky announced new guardrails for Bedrock users to ensure AI-powered applications comply with data privacy and responsible AI standards, especially important in regulated industries like finance and healthcare.
🎥 New AI video generator wows tech communityLINK
Pika Labs has introduced a new AI video generator, Pika 1.0, featuring advanced editing capabilities and styles, along with a user-friendly web interface.
The AI tool has grown rapidly, now serving half a million users, and supports diverse video modifications while also being available on Discord and web platforms.
Pika's AI video technology is complemented by significant venture funding, indicating strong market confidence as competition grows with major tech firms also investing in AI video tools.
🚫 OpenAI unlikely to offer board seat to MicrosoftLINK
OpenAI is reportedly not planning to give Microsoft or other investors a seat on its new board, according to a source.
Former CEO Sam Altman was briefly ousted from OpenAI last week, leading to investor and employee concerns about the company's direction.
The new nine-person board of OpenAI will be confirmed soon, with three initial directors named and CEO Satya Nadella of Microsoft calling for governance changes.
🍪 Amazon says its next-gen chips are 4x faster for AI trainingLINK
Amazon Web Services (AWS) has introduced new AI chips, Trainium2 and Graviton4, at its re:Invent conference, promising up to 4 times faster AI model training and 2 times more energy efficiency with Trainium2, and 30% better performance with Graviton4.
Trainium2 is specifically designed for AI model training, offering faster training and lower costs due to reduced energy consumption, while Graviton4, based on Arm architecture, is intended for general use, boasting lower energy consumption than Intel or AMD chips.
AWS's introduction of Graviton4 aims to boost cloud computing efficiency by facilitating the handling of more data, enhancing workload scalability, accelerating result times, and ultimately lowering the overall cost for users.
🍎 Apple to end credit card partnership with Goldman SachsLINK
Apple plans to end its credit card partnership with Goldman Sachs, looking to exit the agreement within 12 to 15 months according to Wall Street Journal sources.
The separation will affect the entire consumer finance partnership, including the savings account Apple introduced with Goldman Sachs this year.
Despite the planned exit, Apple introduced a high-yield savings account in April and launched a buy now, pay later service earlier in the United States through Mastercard Installments.
🚨 Jack Ma urges Alibaba to ‘correct course’ in internal memoLINK
Jack Ma issued a surprise internal memo advising Alibaba Group to fundamentally change, referring to successful strategies by rival PDD Holdings.
Amidst internal upheavals and a challenging external environment, Alibaba's market dominance is waning, as evidenced by stagnating growth and restructuring plans.
The company's shares responded positively to Ma's memo, despite the increasing success of competitors like PDD Holdings which is closing the gap in market value.
⚽ Cristiano Ronaldo faces $1bn lawsuit over Binance adsLINK
Cristiano Ronaldo faces a class action lawsuit in the US for his promotion of Binance's NFTs, with claimants alleging losses exceeding $1 billion due to his endorsements. The lawsuit claims Ronaldo's promotion led to increased searches for Binance and investments in what the plaintiffs call 'unregistered securities,' accusing him of not disclosing his payment details as required by law.
This lawsuit is part of a larger pattern of legal challenges faced by celebrities and organizations for their promotion of crypto assets, underscoring the need for clearer regulatory guidelines in the evolving financial landscape.
Other news you might like
AI may be greater threat to wages than jobs, European study finds.LINK
GM cuts Cruise funding after accident, curbing driverless taxi expansion and focusing on safety to regain trust and regulatory approval.LINK
Unity Software to cut 3.8% of staff in 'company reset'.LINK
UK's CMA preliminary report suggests Adobe's acquisition of Figma could hinder competition and innovation, possibly harming the digital design sector.LINK
Virgin Atlantic's historic flight from London to New York utilized alternative fuels, marking a significant step towards sustainable aviation, while SUV sales challenge automakers' electric shift, and London cabs align with Uber.LINK
Cheops spacecraft reveals a six-planet system in orbital resonance, advancing understanding of planetary formation and evolution.LINK
Scientists create 'alien haze' in lab to improve understanding of exoplanet atmospheres, aiding the search for extraterrestrial life.LINK
Bitcoin's mining process consumes significant water, potentially impacting global freshwater resources, and a tech shift could dramatically reduce its environmental toll.LINK
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