Deepmind CEO expects to spend more than $100 billion on AI
Demis Hassabis, CEO of Google's AI subsidiary Deepmind, estimates that the company will spend more than $100 billion on AI, given enough time.
He was responding to questions from the audience at a TED conference in Vancouver, Canada. Someone asked about Google Deepmind's response to the announce... Read more
EU commissioner visits Silicon Valley as a last warning
EU Commissioner Thierry Breton visited Silicon Valley last week, reminding big tech names of EU regulations they must soon follow. The rules focus on social media content, AI and data. The situation is particularly volatile at Twitter, as the platform previously left the EU's voluntary code of cond... Read more
Romanian developers excel in programming languages favored overseas
Romanian IT professionals have a wealth of experience in Python and other programming languages favored among Silicon Valley startups.
Romania has emerged as one of the best European countries to find talent in recent years. Expertise has led local IT professionals to excel in Python and other p... Read more
SoftBank CEO favours US for Arm IPO
Masayoshi Son, the founder and CEO of SoftBank, said that the Japanese conglomerate is most likely to list Arm on Nasdaq, a US stock exchange. The CEO emphasized that the decision has not been made yet.
SoftBank is the owner of Arm, one of the world's largest chip designers. In an attempt to co... Read more
Shopify lawyers up as governments increase pressure on tech industry
Shopify is starting to expand its government affairs teams in the US and Europe by recruiting top Silicon Valley firm lobbyists with experience on both sides of the Atlantic.
Regulators and government agencies worldwide have started to put pressure on the most renowned digital agencies during th... Read more
Apple pays bonuses to prevent employees from job-hopping to competitors
Apple has recently paid out massive stock bonuses to employees. Bloomberg speculates that the tech giant aims to prevent employees from switching to Meta.
According to Bloomberg, Apple has increasingly been trying to prevent talented employees from job-hopping to competing tech giants. Its sight... Read more
‘EU tech regulations unfairly target Silicon Valley’
The EU’s efforts to curb Silicon Valley using new competition rules are becoming an irritant in the transatlantic relationship. The sentiment follows the two sides' commitment to deepen tech and trade ties. Senior officials from Washington and Brussels gathered in Pittsburg last month.
The mee... Read more
EU Court leaves tech giants more exposed to privacy challenges
The European Union backs the sanctions set by national privacy watchdogs on Facebook, Google, and Twitter. These corporations will now be answerable about their privacy legislation to the EU authorities.
Silicon Valley giants are all set to face more scrutiny, and strict sanctions after the EU's... Read more