Now is the time to decide if your team will leverage emerging technology or wait for the winners of the race to become clearer. Both options present risks and rewards for your business.
Another week, another AI app going viral. This time around, the AI app that has surged to the top of the App Store is EPIK, an photo editing app that lets users generate nostalgic, 90s-inspired “yearbook” photos of themselves as one of its many templates. Similar to other recently popular AI apps, EPIK works by […]
South Korea’s telecommunication regulator, the Korea Communications Commission (KCC), said Friday that it plans to levy fines on Google and Apple, which could total up to $50.5 million, for violating the country’s in-app payment law. According to the KCC statement, the two Big Tech giants abused market dominance to force local app developers to use […]
Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. […]
The AI industry is progressing at a terrifying pace, but no amount of training will ever prepare an AI model to stop people from making it generate images of pregnant Sonic the Hedgehog. In the rush to launch the hottest AI tools, companies continue to forget that people will always use new tech for chaos. […]
Electric vertical takeoff and landing vehicle company Wisk Aero has started flight testing a version of its autonomous air taxi aircraft in Los Angeles, according to CEO Brian Yutko. The flight test of its fifth-generation aircraft, also known as Cora, out of the Long Beach Airport near Los Angeles doesn’t necessarily mean that Wisk will […]
Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar Investment Authority together investing $1.7 billion in the Indian firm, which is part of Mukesh Ambani’s Reliance Industries. Abu Dhabi sovereign-wealth fund’s investment will fetch it a […]