Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric-vehicle sales tumbled despite price cuts and low-interest financing.
The Austin company said Tuesday that it made $1.48 billion from April through June, less than the $2.7 billion it made in the same period of 2023. It was Tesla’s second-straight quarterly net income decline.
Second-quarter revenue rose 2% to $25.5 billion, beating Wall Street estimates o
Google’s corporate parent, Alphabet, delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its Internet empire.
The second-quarter report released Tuesday showed that Google is still reeling in advertisers on the heels of the May introduction of an artificial-intelligence feature that p
Meta today released a trio of new open-source large language models called Llama 3.1, the largest of which may lead to new chatbots that rival ChatGPT. In fact, Meta CEO Mark Zuckerberg believes the company’s Llama powered AI assistant will be more widely used than ChatGPT by the end of this year.
Llama 3.1 is actually a small family of models–Llama 3.1 405B, 70B, and 8B. (The numbers connote the number
Among the many thoughts that drifted through my mind over the course of four long hours at San Diego International Airport last Friday: Delta will pay for this. Even now, the airline and thousands of my fellow travelers are still struggling through the largest snafu in the airline’s history. I learned this when I tried to fly home on Friday, when Delta canceled my flight, couldn’t book me on another flight for two days, and refused to provide accommodations, food or reimbursement for anythin
CrowdStrike: the ultimate tech disruptor? It was for at least a couple of days last week, when the cybersecurity firm released an update that subsequently bricked computers across numerous industries, including medical record systems, and canceled hundreds if not thousands of flights.
In all, the economic costs could tally into the tens or hundreds of billions of dollars, as companies across t
Some of the staff at Elon Musk’s Neuralink are making preparations to sell the brain implant company’s stock in the wake of its valuation jumping following its first human trial, according to people familiar with the matter.
Stock compensation is
In 2022 alone, there were nearly 20 million new cancer cases and 9.7 million cancer-related deaths worldwide, per a report by the National Cancer Institute (NCI). By 2040, the NCI predicts, the number of new cancer cases per year will rise to 29.9 million, and the number of cancer-related deaths will climb to 15.3 million. And though b
CrowdStrike’s massive malfunction on Friday sent 8.5 million Windows computers into blue screen of death (BSOD) mode and affected everything from hospitals and airlines to banks and subways. (Little wonder the company’s share price has
Workplace tech has long been the business world’s digital divide. For decades, people with desk jobs have had an increasing array of technology tools to drive collaboration, productivity, and access to information. In contrast, frontline workers, who make up over 50% of the U.S. workforce (about 80 million employees), typically lack access to digital workplace tools focused on engagement, upskilling, and advancement.
This digital divide is closing rapidly, thanks to workplace apps
Artificial intelligence has the potential to be a critical tool to help deliver exceptional and personalized healthcare. In fact, while many patients might not realize it, AI has been used in healthcare for years to reduce administrative burdens, automate routine tasks, and increase the accuracy of everything from diagnoses to prior authorization requests.
With the rise of generative AI and its use of large language models to synthesize and create new content such as text, images,