logo
#

Latest news with #techrace

Thanks for Your $1 Billion Job Offer, Mark Zuckerberg. I'm Gonna Pass.
Thanks for Your $1 Billion Job Offer, Mark Zuckerberg. I'm Gonna Pass.

Wall Street Journal

time02-08-2025

  • Business
  • Wall Street Journal

Thanks for Your $1 Billion Job Offer, Mark Zuckerberg. I'm Gonna Pass.

As Mark Zuckerberg sought to play catch-up in the generative AI race, he reached out a few months ago to OpenAI's former chief technology officer, Mira Murati, and offered to buy her fledgling startup, Thinking Machines Lab. When she said no, the Meta chief executive responded by launching a full-scale raid. In the following weeks he approached more than a dozen of Murati's roughly 50 employees to sound them out about jumping ship. His chief target: Andrew Tulloch, a leading researcher and co-founder at the startup.

Amazon shuts down Shanghai AI lab
Amazon shuts down Shanghai AI lab

Free Malaysia Today

time31-07-2025

  • Business
  • Free Malaysia Today

Amazon shuts down Shanghai AI lab

Amazon Web Services has announced job cuts across its operations, with some reports putting the losses at hundreds. (EPA Images pic) SHANGHAI : US tech giant Amazon has shut down its artificial intelligence (AI) research lab in Shanghai, a source with direct knowledge of the matter confirmed to AFP. News that the lab, part of the cloud division Amazon Web Services (AWS), has closed comes with AI at the forefront of a tech race between China and the US. In a screenshot of a WeChat post widely circulated on Chinese social media this week, Wang Minjie, a scientist at the lab, said its disbanding was 'due to the strategic adjustment between China and the US'. AWS announced job cuts across its operations last week, with some reports putting the losses at hundreds. Amazon declined to confirm the Shanghai lab's closure directly when contacted by AFP. 'We've made the difficult business decision to eliminate some roles across particular teams in AWS,' spokesman Brad Glasser said in a similar statement to the one released in response to the broader job losses. 'These decisions are necessary as we continue to invest, hire, and optimise resources to deliver innovation for our customers,' he said. A dedicated AWS China webpage for the lab seen on Wednesday by AFP was no longer accessible on Friday. According to an archive of the page, the lab was established in autumn 2018, with part of its remit to 'actively foster collaboration with the research community'. Other US tech firms such as Microsoft and IBM have scaled back their research divisions in China recently, as the tech competition between Washington and Beijing shows no sign of abating.

Meta is secretly readying itself for the future of smartphones
Meta is secretly readying itself for the future of smartphones

Phone Arena

time12-07-2025

  • Business
  • Phone Arena

Meta is secretly readying itself for the future of smartphones

Extended Reality Do you believe XR will replace smartphones? Yes Not a chance Both will co-exist Yes 0% Not a chance 0% Both will co-exist 0% Receive the latest Apps news Subscribe By subscribing you agree to our terms and conditions and privacy policy True AR glasses may be the future of our smartphones. | Video credit — Meta With all these recent AI acquisitions, it seems clear to me what Meta's end goal is: a pair of true AR smart glasses. These glasses won't just project the UI in front of the user, they'll also understand context and communicate better than any AI-powered glasses that have come before. Acquiring startups like PlayAI ensures that Meta has as much talent behind it as possible. Like XR, the AI-powered AR smart glasses race is a slow burn, but Meta has its eyes on global dominance. The company may have missed out on smartphones, but it definitely wants to beat Apple and Samsung to the punch by making a name for itself in XR beforehand. Speaking of, both Samsung and Apple are competing for this exact same future. We've seen the Will Meta's acquisitions of AI startups and talent with reckless abandon give it an upper hand against the two, though? I truly believe that it will. With all these recent AI acquisitions, it seems clear to me what Meta's end goal is: a pair of true AR smart glasses. These glasses won't just project the UI in front of the user, they'll also understand context and communicate better than any AI-powered glasses that have come startups like PlayAI ensures that Meta has as much talent behind it as possible. Like XR, the AI-powered AR smart glasses race is a slow burn, but Meta has its eyes on global dominance. The company may have missed out on smartphones, but it definitely wants to beat Apple and Samsung to the punch by making a name for itself in XR of, both Samsung and Apple are competing for this exact same future. We've seen the Apple Vision Pro , and there are now credible reports about an underwhelming Apple Vision Pro 2 . Meanwhile, Samsung is almost ready to release its new headset: Project Meta's acquisitions of AI startups and talent with reckless abandon give it an upper hand against the two, though? I truly believe that it will. Grab Surfshark VPN now at more than 50% off and with 3 extra months for free! Secure your connection now at a bargain price! We may earn a commission if you make a purchase Check Out The Offer For a while now, there have been reports that Meta has been offering insane salaries to poach talent from rival companies, including recently an Apple AI executive . The company has also been buying out AI startups, and has just acquired PlayAI, a company that specializes in crafting natural-sounding voices for AI spending spree for Artificial Intelligence — which has been the rage across the smartphone industry as well — makes perfect sense, keeping in mind Meta's other obsession: VR. Meta CEO Mark Zuckerberg is convinced that XR () devices are the future of smartphones, and the company needs AI to perfect their Zuckerberg's leadership, Meta has spent billions of Dollars into growing the XR industry. Its most important contribution is undoubtedly the Meta Quest headsets, which came about due to Meta having bought Oculus in 2014. The Meta Quest 3 and its counterparts are affordable, powerful, and come with an extensive list of content to barely making any profits on its headsets, Meta has dominated the XR industry. Its Ray-Ban smart glasses are also much more popular than initially anticipated, and Zuckerberg is determined to release a consumer version of the Orion smart glasses soon.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store