The Walt Disney Company has revealed Holotile Floor, a new technology that the media conglomerate says could help people move around in any direction in virtual and augmented reality. The floor was developed by Lanny Smoot, a Disney researcher with
Big Tech’s investments in AI paid off in 2023, driving a 26% return in the S&P 500, with Apple, Microsoft, Meta, Amazon, Alphabet, and Nvidia as the highlights. Their Q4 earnings will reveal who’s profiting most from the AI boom,
The Chinese Ministry of Industry and Information (MIIT) has assembled a team from universities and leading tech firms in that country to set up standards to support the development of the metaverse industry. The team has been mandated to build,
Apple’s much-awaited Vision Pro headset sold out within hours of pre-orders opening, but the mixed reality device is still “very niche,” meaning it won’t be as popular with users, according to Ming-Chi Kuo, analyst at TF International Securities. Ming-Chi Kuo,
DeepMind co-founder Mustafa Suleyman predicts that by 2029, AI will have the capability to invent, market, and run businesses, with these technologies becoming widely accessible and affordable. DeepMind co-founder and Inflection AI CEO Mustafa Suleyman said the next five years
Meta’s Mark Zuckerberg has announced that he is merging the company’s two advanced AI divisions to fast-track developments on general-purpose AI chatbots. The reshuffling announced in an Instagram reel video signals Meta’s intent to dominate consumer-facing AI products and further
Google offered a chosen group of researchers at its AI division DeepMind stock worth millions of dollars per person in a bid to retain its brightest minds amid interest from rival OpenAI. The offer comes even as Google lays off
Saudi Arabia, through its Public Investment Fund, has injected $590 million into virtual reality (VR) headsets, putting pressure on Apple’s Vision Pro. The investment was made into Magic Leap, a US company that makes headgear “that overlays virtual images into
The Senate Subcommittee on Privacy, Technology, and the Law hearing on “Artificial Intelligence and The Future Of Journalism sat at the U.S. Capitol on Jan. 10, 2024, in Washington, DC. Experts warned of the threat artificial intelligence (AI) poses to
Google is reportedly letting go of hundreds of employees as the company implements cost containment measures as well as focuses on AI development. A workers’ representative at parent company Alphabet revealed 1,000 have been let go so far. Part of
Slovakia became the target of a serious case of political interference caused by AI. The internet was flooded with deepfake audio recordings showing compromising talks between influential politicians shortly before the election. Two days before the Slovakian elections, a recording
Watermarking content is still not enough to distinguish between real and AI-generated content, as cybercriminals can also bypass the security features. This comes as there has been growing adoption of AI technologies, especially generative AI, creating fertile ground for unscrupulous
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