Develop and Solve Tech News - 5 Oct 2023
Hey there, Legend!
I'm so excited to have you join me on this journey through my tech news article series! Each day, I'll be sharing 10 awesome tech-related news stories with you.
I started this series because I truly believe it's essential to stay in the loop with the latest trends and happenings in the tech world. With tech always changing and growing, it can be a bit overwhelming to keep up with everything.
No worries though, I've got your back! I'll be doing the heavy lifting of finding and summarizing the most crucial tech news stories of the day. This way, you can stay in the know without having to spend hours searching the web.
So Let's get started.
News 1
Artificial intelligence has been used to create disinformation for years, but the new wave of generative AI has brought advancements few could have imagined. Convincing images, videos, and audio clips can all be created and used to influence or reinforce the public's opinions.
News 2
Venture investors see potential in observability software — i.e. software that gives teams the ability to monitor, measure and understand the state of a system or app. And that’s not surprising. The observability market is forecasted to reach $2 billion by 2026, climbing from $278 million in 2022, according to 650 Group.
News 3
Across the spectrum, from cloud service providers to AI labs and startups, there’s a fervent desire for access to the cutting-edge Graphics Processing Units (GPUs) available. However, the market is currently grappling with a scarcity of these high-end GPUs, which are primarily dominated by a single company, NVIDIA. This heightened demand from enterprises has led to a scarcity, resulting in soaring prices.
News 4
The research by AlgorithmWatch and AI Forensics, in collaboration with Swiss radio and television stations SRF and RTS, found that Bing Chat gave incorrect answers to questions about elections in Germany and Switzerland. The team tested the quality of Bing Chat's answers to questions about the Bavarian and Hessian state elections and the Swiss federal elections since the end of August.
News 5
European enterprises, researchers and governments can adhere to EU regulations and develop cutting-edge generative AI applications using one of the largest cloud deployments of high-performance NVIDIA GPUs in Europe NexGen Cloud, the sustainable Infrastructure-as-a-Service provider, announced plans and funding for one of Europe’s first AI Supercloud deployments
News 6
Zoom took a big step towards becoming a workplace productivity powerhouse this week with the launch of its own Google Docs competitor, Zoom Docs. The new product comes with all of the traditional features you might expect from a Docs builder along with unique features like embeddable meeting transcripts that Zoom hopes will become its defensive moat.
News 7
AI-powered parking platform AI-powered parking platform Metropolis today announced that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt. Eldridge Capital and 3L capital co-led the tranche with participation from BDT & MSD Partners’ affiliated credit funds, Vista Credit Partners, Temasek, Slow Ventures and Assembly Ventures.
News 8
About a year ago, Getty banned users from uploading or selling AI-generated content. At the time, the company said it was concerned about copyright issues in AI. Eventually, it sued Stability AI for training the Stable Diffusion tool on Getty’s photos — at times, Stable Diffusion even generated Getty watermarks on its images.
News 9
Likewise, the company behind an app that can recommend your next TV binge, movie to watch, podcast to stream, or book to read, is out today with its own entertainment-focused AI companion, Pix. Built using a combination of Likewise’s own customer data and technology from partner OpenAI, Pix can make entertainment recommendations and answer other questions via text message or email, or by communicating with Pix within the Pix mobile app, website, or even by speaking to Pix’s TV app using a voice remote.
News 10
As large-language model developers such as OpenAI, Meta Platforms and Google battle for global supremacy, European LLM providers are trying to carve off that region for themselves. That’s a bad idea.
That's all for today's tech news roundup. I hope you found this information helpful and informative. If you have any questions or feedback, please feel free to leave a comment below.
