The Strategist
Innovation & Tools

Apple to integrate Google's AI model into iPhone - 03/19/2024

According to Bloomberg, which cites sources, Apple Inc. and Google are in discussions about incorporating the Gemini artificial intelligence model inside the iPhone. They state that there is active discussion between the two firms regarding the prospect of incorporating certain new capabilities into the revised iPhone software that will be launched later this year, using Google's Gemini....

Mercedes-Benz is testing humanoid robots at a factory in Hungary - 03/18/2024

German automaker Mercedes-Benz is testing humanoid robots named Apollo at a plant in Hungary, as reported by the Financial Times. The robots can lift up to 25 kg, have a height of around 170 cm, and weigh roughly 73 kg. They will be employed for quality control and component delivery to assembly lines. According to the FT, Mercedes-Benz intends to use the robots to carry out "physically...

European Parliament approves world's first law to ban unacceptable use of AI - 03/14/2024

The European Parliament passed a bill on artificial intelligence (AI). Its authors believe that this legislation will promote innovation and safeguard citizens' fundamental rights while also promoting security. The applicable legislation was accepted in Strasbourg during the plenary session, having been agreed upon during the EP deliberations with EU member states in December 2023. The new...

OpenAI unveils AI system for creating video from text - 02/19/2024

OpenAI, a US technology startup, has released Sora, an AI system for creating videos. Based on text queries, Sora can produce lifelike films, writes The Wall Street Journal. A group of scholars and researchers will be able to use OpenAI to find ways to exploit the system and offer suggestions for countermeasures. The general public cannot currently access the software. The business said that it...

Global tech sector companies lay off over 34,000 people since the year beginning - 02/13/2024

According to the Layoffs.fyi website, global tech corporations let go 34,250 employees in total since the beginning of 2024. Over that time, PayPal Holdings, eBay, and Microsoft Corp., all based in the United States, have reduced thousands of positions. The total number of layoffs for the entire previous year was 263,000. Analysts cited by the Financial Times claim that corporations might...

Crew Dragon spacecraft with commercial tourists launched to the ISS - 01/19/2024

SpaceX announced on Friday that the Crew Dragon reusable manned spaceship carrying space tourists on board was launched to the International Space Station (ISS) as a component of the Axiom commercial program. SpaceX's Falcon 9 rocket launched the ship from Kennedy Space Center's Launch Complex 39B at Cape Canaveral, Florida at 4:49 p.m. U.S. East Coast time on Thursday. The ship's crew includes...

Gartner forecasts 6.8% growth in global IT spending in 2024 - 01/18/2024

Research firm Gartner has projected that global investment on information technology (IT) will reach over $5 trillion in 2024, an increase of 6.8%. In October, Gartner released its prior projection, which called for growth to $5.1 trillion, an increase of 8%. Through 2023, it is anticipated that global IT spending will rise by 3.3% to $4.68 trillion. Although generative artificial...

Samsung Electronics leads in number of patents granted in the US - 01/10/2024

Autonomous driving technology accounted for the majority of patents in the US. South Korean company Samsung Electronics has taken the top place for the past two years in terms of the total number of patents acquired in the US. Analytical firm IFI Claims Patent Services analyzed the U.S. Patent and Trademark Office data, and placed Qualcomm Inc. on the second place and Taiwan Semiconductor...

EY notes progress in the use of AI in auditing - 12/05/2023

Other Big 4 international auditors are not very optimistic. According to the Financial Times, EY, one of the "Big Four" international auditors, has tested an artificial intelligence (AI) system designed to identify fraud on some of its clients' accounts and has found encouraging results. According to Kathryn Barrow, managing partner at EY UK and Ireland, the AI system found suspicious conduct...

General Motors to suspend production of robot taxis - 11/09/2023

US General Motors will halt production of robotaxis, writes Barron's citing the company’s statement. "We are finalising production of a small number of pre-commercial vehicles and then plan to temporarily suspend production," a spokesperson for General Motors stated. At the same time, no significant modifications in the company's strategy are expected, according to the publication. "We believe...
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