By
Paula ParisiDecember 20, 2023
Intel formally launched its new Core Ultra CPUs and related products this week at its AI Everywhere event. The company shared new solutions ranging from the data center to the cloud edge and PC. Intel’s new mobile processors are part of its Meteor Lake lineup, all of which will now bear the Ultra imprimatur instead of the “I,” promising greater power efficiency and performance. At the New York City event, Intel CEO Pat Gelsinger said “AI innovation is poised to raise the digital economy’s impact up to as much as one-third of global gross domestic product.” Read more
By
Paula ParisiDecember 20, 2023
Microsoft has expanded its Models as a Service (MaaS) catalog for Azure AI Studio, building beyond the 40 models announced at the Microsoft Ignite event last month with the addition of the Llama 2 code generation model from Meta Platforms in public preview. In addition, GPT-4 Turbo with Vision has been added to accelerate generative AI and multimodal application development. Similar to things like Software as a Service (SaaS) and Infrastructure as a Service (IaaS), MaaS lets customers use AI models on-demand over the web with easy setup and technical support. Read more
By
Paula ParisiDecember 20, 2023
Crypto ID project Worldcoin, co-founded by Sam Altman, is integrating with Microsoft’s “Minecraft,” as well as Reddit, Telegram, Shopify and Mercado Libre. Concurrently, the company is debuting World ID 2.0 in Mexico and Singapore. World ID 2.0 enhances the privacy features of Worldcoin’s “digital passport for humanness.” Rolled out in July, World ID provides identify verification, claiming to allow easy distinction between bots and humans online. “Retailers are losing an estimated $100 billion per year from return fraud, bots and coupon stacking,” the Worldcoin Foundation said in making the announcement. Read more
By
Rob ScottDecember 19, 2023
In the wake of increasing pressure from European regulators, Adobe and Figma announced they are terminating their proposed merger agreement. California-based Adobe had planned to purchase Figma’s cloud-based product design platform for $20 billion, a proposal that was 15 months into the regulatory review process. However, the two companies eventually agreed there was no possibility of obtaining regulatory approval from the European Commission and the UK Competition and Markets Authority (CMA). According to a regulatory filing, the decision to cancel the deal will require Adobe to pay Figma a reverse termination fee of $1 billion in cash. Read more
By
Paula ParisiDecember 19, 2023
The Federal Communications Commission is proposing to eliminate penalties for early termination and other so-called junk fees from cable and direct broadcast satellite television providers. The agency will also be studying the impact of such practices on consumers, which it believes may be subject to undue hardship when penalized for things like moving, unexpected financial hardship or poor service. During its December Open Meeting last week, the FCC voted to adopt a Notice of Proposed Rulemaking (NPR) to end what it appears to feel are unjustified fees that also potentially harm competition by adding costs to switching services. Read more