Qualcomm revenue increased 11 percent to $9.39 billion for the second quarter, beating analyst expectations. Its core business, processor sales for smartphones and other mobile devices, was up 12 percent. Overall, profit was up by 26 percent year-over-year for the period ending in June. The period benefited from the launch of PC chips in the company’s Snapdragon X Series optimized for artificial intelligence. President and CEO Cristiano Amon called the move into PCs and laptops “a significant milestone in our transformation from a communications company to a leading intelligent computing company.” Continue reading Qualcomm’s 26 Percent Q2 Profit Growth Propelled by AI Chips

After 50 years of SIGGRAPH, the conference has come full circle, from high-tech for PhDs to AI for everyone. That was Nvidia founder and CEO Jensen Huang’s message in back-to-back keynote sessions, including a Q&A with Meta CEO Mark Zuckerberg. Huang touted Universal Scene Description (OpenUSD), discussing developments aiming to speed adoption of the universal 3D data interchange framework for use in everything from robotics to the creation of “highly accurate virtual worlds for the next evolution of AI.” As Zuckerberg’s interlocutor, he prompted the Facebook founder to share a vision of AI’s personalization of social media. Continue reading Nvidia Debuts New Products to Accelerate Adoption of GenAI

Meta Platforms CEO Mark Zuckerberg unveiled the latest version of computer vision platform SAM 2, an update on the company’s Segment Anything Model that automates for video what the original SAM did for still images — identifying the edges of an object and isolating it in the frame. Zuckerberg demonstrated SAM 2 as part of a SIGGRAPH 2024 keynote session in which he was interviewed by Nvidia CEO Jensen Huang. “Being able to do this in video and have it be zero shot and tell it what you want, it’s pretty cool,” Zuckerberg said. Meta is sharing the code and model weights for SAM 2 with a permissive Apache 2.0 license. Continue reading Mark Zuckerberg Unveils SAM 2 AI Tech for Segmenting Video

Apple’s iOS 18 public beta 2 has arrived, with new wallpapers for CarPlay, a newly designed Hidden Apps folder in the Apps Library and the ability to use dark mode widgets in broad daylight, among other updates. Public beta 2 includes iPadOS 18, but does not include Apple Intelligence, which is expected this fall. However, a separate Apple Intelligence preview was introduced this week. In addition, a new Apple research paper leads some to believe its Apple Intelligence AI models were pre-trained in the cloud using Google Tensor Processing Units, leading to speculation that Big Tech be considering alternatives to Nvidia. But Apple has always been an AI outlier. Continue reading Apple Intelligence Preview and Updated iOS 18 Beta Released

Microsoft has begun the release of Bing generative search, making it available for “a small percentage of user queries.” The company says it will solicit user feedback and undertake further testing prior to a broader rollout. Google began dabbling in what it called the Search Generative Experience last summer, then upped the ante by adding a search-optimized version of its Gemini model this spring. The journey was not without controversy, something Microsoft will surely try to avoid. Microsoft says its new AI-driven search functionality “combines the foundation of Bing’s search results with the power of large and small language models (LLMs and SLMs).” Continue reading Microsoft Testing Bing Generative Search for User Feedback

An alternative app store called AltStore PAL recently launched in response to the European Union’s Digital Markets Act (DMA) and is now offering third-party iOS apps. The move comes several months after the company implemented an updated version of its open-source app marketplace in the EU. The DMA was enacted to foster competition, regulating Apple into opening up to rivals. Among AltStore PAL’s new offerings is iTorrent, which lets users download peer-to-peer files, and qBitControl, a remote client for iOS devices. Another app, PeopleDrop, automatically helps users connect to those nearby. Epic Games revealed it plans to offer “Fortnite” on AltStore PAL. Continue reading App Merchant AltStore PAL Bows in EU with a Focus on iOS

The U.S. Commerce Department has issued a large package of material designed to help AI developers and those using the systems with an approach to identifying and mitigating risks stemming from generative AI and foundation models. Prepared by the National Institute of Standards and Technology and the AI Safety Institute, the guidance includes the initial public draft of its guidelines on “Managing Misuse Risk for Dual-Use Foundation Models.” Dual-use refers to models that can be used for good or ill. The release also includes an open-source software test called Dioptra. Apple is the latest to join the government’s voluntary commitments to responsible AI innovation. Continue reading Apple Joins the Safe AI Initiative as NIST Amps Up Outreach

Stability AI has unveiled an experimental new model, Stable Video 4D, which generates photorealistic 3D video. Building on what it created with Stable Video Diffusion, released in November, this latest model can take moving image data of an object and iterate it from multiple angles — generating up to eight different perspectives. Stable Video 4D can generate five frames across eight views in about 40 seconds using a single inference, according to the company, which says the model has “future applications in game development, video editing, and virtual reality.” Users begin by uploading a single video and specifying desired 3D camera poses. Continue reading Stable Video 4D Adds Time Dimension to Generative Imagery

San Francisco-based OpenAI revealed it is currently testing SearchGPT, a prototype of new AI search features that provides “fast and timely answers with clear and relevant sources.” The testing arrives as similar technology is made available by leading search services Google and Microsoft Bing. The SearchGPT prototype, featuring a user interface similar to that of OpenAI’s ChatGPT chatbot and virtual assistant, launched last week to a group of 10,000 test users and publishers who will be tapped for feedback. The plan is to iterate an improved version and then integrate SearchGPT directly into ChatGPT, although no timeline was provided. Continue reading OpenAI Begins Testing Prototype of New AI Search Features

Airtable, a 10-year-old firm focused on customized apps, is launching Cobuilder, which uses AI to turn a concept into a customizable application “in seconds,” without the need for human coding. The debut adds to a rapidly expanding field of no-code platforms that help non-technical types develop software suitable for enterprise use. “Within the next five years, teams will build the vast majority of applications in-house, customizing them to transform their most critical workflows,” predicts Airtable co-founder and CEO Howie Liu. “To get there, knowledge workers who are closest to the work need to be empowered to build.” Continue reading Airtable Enters No-Code Enterprise App Space with Cobuilder

Adobe is bringing more Firefly AI features to its popular Photoshop and Illustrator design platforms. The upgrade is a significant step forward for Adobe since the 2023 debut of Firefly, and sees Photoshop finally getting in-app ability to generate AI images, and also a new Generative Shape Fill that is still in beta, allowing designers to quickly add detailed vectors to shapes by entering text prompts directly in the Contextual Taskbar. Improvements to Illustrator include the Dimension Tool, Retype, Style Reference, its own Contextual Taskbar, Retype and two new beta tools, Text to Pattern and Mockup. Continue reading Adobe Adds New Firefly AI Features to Illustrator, Photoshop

Meta Platforms is bringing its Meta AI assistant to Quest 3 headsets in the U.S. and Canada. As part of the company’s ongoing collaboration with Microsoft, Quest 3’s Horizon OS will also get access to real-time information courtesy of Bing search. The update will also bring Meta AI with Vision — already integrated with the Ray-Ban Meta smart glasses — to Horizon OS, initially just in passthrough mode. “These changes will begin rolling out in the U.S. and Canada in experimental mode next month — and we’ll continue to improve the experience over time,” Meta explains. Continue reading Meta Brings AI Assistant, AI Vision to Some Quest Headsets

With 950 million active users, messaging app Telegram is planning to launch an in-app browser that supports Web3 along with an app store, according to founder Pavel Durov. Telegram, which launched in 2013, is expected to surpass 1 billion users this year and may hit profitability in 2025, Durov has said. Though the global platform is known for encrypted private communications, it has recently seen a surge of growth among mini-apps and games and has a thriving community built around crypto rewards. Now, Binance Labs has led an investment in Pluto Studio, developer of the Telegram-based game “Catizen.” Continue reading Messaging App Telegram Planning App Store, Pushes Web3

Alphabet announced that its revenue was up 14 percent to $84.7 billion in Q2, slightly outperforming expectations. Profits rose 29 percent to $23.6 billion, beating analyst targets by $900 million. Search continued to be a top performer, generating $48.5 billion in the three-month period ending June 30, while Google advertising was up 10.5 percent to $64.6 billion. Google CEO Sundar Pichai said the company’s cloud and generative AI solutions “are being used by more than 2 million developers.” The Google Cloud services unit surpassed the $10 billion quarterly revenue mark for the first time. “We are innovating at every layer of the AI stack,” Pichai added. Continue reading Alphabet Reports Q2 Profits Jump 29 Percent to $23.6 Billion

In April, Meta Platforms revealed that it was working on an open-source AI model that performed as well as proprietary models from top AI companies such as OpenAI and Anthropic. Now, Meta CEO Mark Zuckerberg says that model has arrived in the form of Llama 3.1 405B, “the first frontier-level open-source AI model.” The company is also releasing “new and improved” Llama 3.1 70B and 8B models. In addition to general cost and performance benefits, the fact that the Llama 3.1 405B model is open source “will make it the best choice for fine-tuning and distilling smaller models,” according to Meta. Continue reading Meta Calls New Llama the First Open-Source Frontier Model