Global cloud infrastructure spending in Q4 2023 surged by 19%, reaching $78.1 billion, driven by investments in generative AI.
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Tech trends
Former Tesla and Twitter engineers introduces an AI-driven news platform, offering users a personalised news consumption experience.
Google plans to manufacture Pixel smartphones in India, targeting market expansion and cost reduction, aiming for 10 million units by 2024.
Google pauses its Gemini AI model’s character image generation due to inaccuracies, facing criticism for overcorrection in racial bias.
Reddit plans IPO, with first profit in two years; strikes $60M deal with Google, enhancing AI and valuation prospects.
Saudi Arabia’s PIF plans to establish the country as a global AI hub, leveraging energy resources and financial strength.
Apple’s Vision Pro headset, unveiled on February 2, 2024, has been anticipated as a paradigm shift in virtual reality.
Apple launches “Ask,” a tool for AppleCare, automating responses to user queries by generating content from internal knowledge bases.
Google integrates Gemini AI into Ads, unveiling a chatbot to enhance ad creation, optimise campaigns, and suggest terms based on trends.
Reddit files IPO, plans NYSE listing (ticker: RDDT); CEO Sam Altman holds 8.7% shares; revenue grows, but net loss persists.
NVIDIA’s stock soared by 16%, adding $277 billion in market value, driven by robust financials and strategic expansions.
Google launches Gemma, an AI model aiding responsible development, offering 2B and 7B variants, surpassing benchmarks with secure training.