Computer Vision Systems Combine Image Creation And Recognition

Two computer tasks work separately to create and assess images. Despite working in the same department, the two capabilities run different functions. MIT’s Computer Science and Artificial Intelligence Laboratory researchers found a way to merge the two into a unified vision system. Recently, the team trained a system to deduce the missing parts of an …

Tesla Stock Records Longest Winning Streak After GM Ford Charging Deal

Tesla’s stock extended its longest winning streak of eleven consecutive days, setting a new record. Tesla’s shares ended the day with 2.2% at $249.83, recording the automaker’s highest stock since October 2022. The previous record of eleven straight days was recorded in January 2021. The new 12-day streak of Tesla’s stock was among the US’ …

JPMorgan CIO Bob Michele Compares The Current Economy To The 2008 Financial Crisis

According to JPMorgan’s CIO Bob Michele, the current economic market is reminiscent of 2008’s Global Financial Crisis. Michele, the chief investment officer for JPMorgan’s asset management department, said the present market state bears similarities to the “awful lot of that March-to-June period in 2008.” Similar to the market’s status in 2008, the investors worried about …

The Apple Vision Pro: Re-Visioning How People Interact with Virtual Reality

Powerful virtual reality headsets are important because they provide a more immersive and realistic experience. They allow users to interact with virtual worlds, experience high-quality graphics and sound, and explore new forms of entertainment, education, and training, leading to increased excitement and interest in the technology. Apple might not have been the first to launch …

Sovos Names Kevin Akeroyd Chief Executive Officer

SaaS technology veteran to lead company as more and more countries mandate e-Invoicing globally, driving adoption of Sovos’ global tax compliance solutions BOSTON, JUNE 6, 2023 – Global tax software provider Sovos today announced the appointment of Kevin Akeroyd as Chief Executive Officer. Akeroyd joins Sovos from Magnit, where he served as CEO from July 2020, overseeing a …

The US-China Chip War

As the race for technological dominance intensifies, the United States and the European Union are committing substantial funds to chip subsidies, while India is heavily investing in its semiconductor mission. On the other end, UK Prime Minister Rishi Sunak took a decisive step by announcing a billion-pound subsidy for the emerging microchip industry in the …

Technology And AI Enhancing Agri Value Chain

Agritech has been on the rise in the past few years, enhancing every step of the agri value chain. In the United States, the agriculture sector contributes around $1.27 trillion to the national GDP and employs around 2% of the workforce. The use of agritech platforms in the United States is growing, and it’s estimated …

Global Cloud Spending Expected To Jump 21.7% As IaaS Leads The Way

Gartner, one of the world’s leading research and analytics firms, forecast that the global end-user spending on public cloud services is to grow 21.7% to a total of $597.3 billion in 2023, from $491 billion in 2022. The cloud market is a rapidly growing field and all the segments of the industry are expected to …

Euro Car Industry Could Be Smashed By China’s Growing EV Dominance

Chinese car makers dominate the EV market, giving the European car giants a massive shake-up, and a potentially devastating loss of income. With the changes in the car market as electric vehicles cause a change in consumer behavior, China’s growing share of the EV market in its home market and the EU will see the …

Amazon Working On An AI-powered Search Experience

Amazon is yet another competitor set to enter the chatbot arena, following in the footsteps of Google, by developing an AI-powered search experience. Recently, Bloomberg released a report revealing that the company is working on an “interactive conversational experience” for Amazon Search. It is designed to assist users in finding product information, comparing options, and …