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Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

Elon Musk speaking during the Tesla Annual Shareholder’s meeting in Austin, Texas on June 13th, 2024.  Source: Tesla Inc.  Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its workforce so far this year. […]

Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10% Read More »

Apple Intelligence won’t launch in EU this year due to antitrust regulation

Apple Intelligence won’t launch in EU this year due to antitrust regulation

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024.  David Paul Morris | Bloomberg | Getty Images Apple said Friday it won’t release several upcoming features unveiled this month, including its flagship “Apple Intelligence” AI product, in

Apple Intelligence won’t launch in EU this year due to antitrust regulation Read More »

SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years

SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions to help create AI thousands of times smarter than any human, making his most grandiose pronouncements since the Japanese conglomerate began taking steps to shore

SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years Read More »

The best-funded generative AI startups in Europe have something in common: Big Tech experience

The best-funded generative AI startups in Europe have something in common: Big Tech experience

French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Chesnot | Getty Images Entertainment | Getty Images Most of the top-funded generative artificial intelligence companies in Europe were founded by entrepreneurs with experience at U.S.

The best-funded generative AI startups in Europe have something in common: Big Tech experience Read More »

A marathon, not a sprint: Apple’s AI push faces big challenges in China

A marathon, not a sprint: Apple’s AI push faces big challenges in China

The Apple Siri AI icon is being displayed on a smartphone, with Apple Intelligence in the background.  Jonathan Raa | Nurphoto | Getty Images Apple’s big artificial intelligence push faces some big challenges in China — one of the iPhone maker’s most critical markets — as Beijing maintains strict rules around the buzzy technology. The

A marathon, not a sprint: Apple’s AI push faces big challenges in China Read More »

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