Stocks surged, with the Dow climbing 383 points and the S&P 500 and Nasdaq rallying over 1%, as the Federal Reserve held interest rates steady but signaled potential future rate cuts, boosting investor optimism about economic resilience.
In a major cost-cutting move, Amazon is slashing approximately 14,000 managerial jobs, representing a 13% reduction in its global management workforce, aiming to streamline operations, accelerate decision-making, and save between $2.1 billion and $3.6 billion annually.
Zoom unveils an AI assistant capable of scheduling meetings, transcribing conversations, generating documents, creating video clips, recording and summarizing in-person meetings, and providing real-time live meeting notes, with custom avatar options available for a fee.
While global building emissions plateaued in 2022, urgent measures like mandatory energy codes, renewable energy adoption, and increased financing are crucial to decarbonize the sector and align with climate targets, with calls for zero-carbon building codes by 2028 in major emitters and 2035 globally, alongside doubling energy efficiency investment by …
TxAgent, an AI agent leveraging multi-step reasoning and real-time biomedical knowledge retrieval, revolutionizes personalized drug treatment with 92.1% accuracy, outperforming leading models and ensuring treatment recommendations align with clinical guidelines to reduce adverse events.
Dubai's booming drone show industry sparks creativity and jobs, but high costs, uneven pay, and automation concerns overshadow the dazzling displays using hundreds of choreographed drones that replace traditional fireworks.
Nvidia's GTC 2023 promises groundbreaking revelations, with anticipated unveilings of next-gen AI chips Blackwell Ultra and Rubin for data centers, coupled with insights into the future of quantum computing integrated with GPUs, showcasing Nvidia's cutting-edge innovations in AI and high-performance computing.
AWS commits $4M to support The HALO Trust's groundbreaking use of AI and machine learning for detecting landmines and war debris in Ukraine, enabling efficient data analysis and cloud computing for this critical humanitarian mission in active warzones.
Figure unveiled BotQ, a groundbreaking robot factory capable of mass-producing up to 12,000 humanoid robots annually, leveraging redesigned robot architecture, optimized manufacturing processes, integrated robots and AI, and a hybrid workforce to revolutionize scalable and cost-effective humanoid production.
Elevate video clarity to unprecedented levels with AI-powered upscaling technology that transforms low-resolution footage into stunning 4K masterpieces, unveiling crisp details, smooth motion, and vibrant textures for an immersive visual experience.