Meta (formerly Facebook) recently released its third quarter financial report for 2023. While the core business performed well, the hefty losses in the Metaverse division raised concerns among investors, causing the company's stock to drop over 3% in after-hours trading. This report highlights Meta's complex growth dilemma. Data shows that, as of September 30, Meta's third quarter revenue reached $40.6 billion, a 19% increase year-over-year, exceeding market expectations of $40.3 billion. However, the Metaverse business, Reality Labs, reported significant losses.

Microsoft is conducting 'AI Tour' events in 60 cities worldwide. These one-day events aim to bridge the gap, allowing business professionals interested in AI to engage directly with Microsoft engineers and sales teams to discuss how to create 'AI-first' enterprises and the potential applications of its core technology, Copilot.

Google announced on Thursday a significant upgrade to its AI note-taking and research assistant NotebookLM, bringing users a smarter and more personalized experience. This update focuses mainly on the highly anticipated audio overview feature, allowing users to guide the AI-generated conversation content more precisely, concentrating on specific topics rather than just generating comprehensive audio summaries. Since its launch last month, the audio overview feature of NotebookLM has rapidly gained popularity due to its podcast-like AI-generated conversation format, with many users beginning to share their experiences on social media.

Recently, a survey released by the U.S. Chamber of Commerce revealed that 98% of small businesses are now using at least one artificial intelligence (AI) technology platform, which is an exciting trend. The survey mentioned that 40% of small businesses are using generative AI tools, nearly doubling from last year. This indicates that small businesses are quickly adopting new technologies to stand out in the competition. Image source note: Image generated by AI, image licensed from Midjourney. Jordan Crenshaw, Senior Vice President of the Center for Technology Engagement at the U.S. Chamber of Commerce, stated: 'A

Recently, AI startup 11x, which is dedicated to transforming the modern workforce, announced it has secured $24 million in financing, with the goal of changing how businesses operate through autonomous digital employees. CEO and founder Hassan Sukar stated, "We believe that within the next two years, digital employees will become an essential part of daily operations for businesses worldwide." Note: Image generated by AI, image licensed by service provider Midjourney. This funding will primarily be used to accelerate product development and expand the team.

Recently, the US Department of Commerce released a proposal requiring artificial intelligence (AI) companies to provide detailed reports, aimed at stricter regulation of this rapidly evolving technological field. The notice, titled 'Proposed Rules,' was published on September 9, with the intention of ensuring the safety, reliability of AI technology, and preventing potential misuse by foreign adversaries or non-state actors. Photo credit: Image generated by AI, image licensed from Midjourney. Secretary of Commerce Gina Raimondo stated at a press conference that the rapid development of AI...

Small businesses play an indispensable role in the U.S. economy, employing nearly half of the workforce and contributing 44% of GDP. However, when owners of these economic pillars consider exiting, they often face a dilemma of limited choices. OffDeal, a startup nurtured by the Y Combinator Winter 2024 accelerator, is dedicated to solving this issue through innovative AI technology. OffDeal is co-founded by former investment banker Ori Eldarov and former Meta engineer Alston Lin.

A startup team from Mexico City, 'Somewhere Someone', successfully attracted collaboration from Adidas by designing a football team jersey using artificial intelligence, showcasing the integration of technological innovation and traditional craftsmanship. The team created innovative product concept images through AI image generation technology, particularly incorporating traditional Mexican embroidery elements into the design of the Adidas-styled national team jersey, capturing global attention. This design not only enhances the unique appeal of the product but also provides economic independence opportunities for over 3,000 artisans, potentially impacting 15,000 people. Adidas' involvement not only promotes...

OpenAI's paid business segment has reached a significant milestone, with the number of paid commercial users for its ChatGPT Enterprise, Team, and Edu products surpassing one million, marking a substantial increase since April. This reflects strong market demand for generative AI technology. Survey data indicates that enterprise users have achieved notable improvements in productivity, time savings, and innovation, particularly in areas such as research gathering, content drafting and editing, and creative brainstorming. Additionally, user growth has been particularly rapid in international markets such as Germany, Japan, and the United Kingdom.

Reddit, known for its vast user community and rich data resources, has opened up new revenue streams through data licensing. The platform hosts over 100,000 active communities, attracting 76 million users daily and generating a massive amount of data that includes real-time discussions, opinions, and interactions, which is highly valuable for AI and machine learning model development. With the rapid advancement of AI technology, Reddit's data has become a key resource for training AI models. In 2023, Reddit launched its data licensing program, which is expected to grow significantly in 2024.

Dell Technologies Group's second-quarter fiscal report for 2025 demonstrates strong performance, with total revenue reaching $25.026 billion, a year-over-year increase of 9%. The Infrastructure Solutions Group performed impressively, generating $11.6 billion in revenue, a 38% increase, with server and networking revenue jumping 80% to $7.7 billion. However, the storage business reported revenue of $4 billion, down 5%. The Client Solutions Group's revenue was $12.4 billion, reflecting a 4% year-over-year decline. Demand in the AI sector continues to climb, with demand for AI-optimized servers at $3.2 billion, a 23% quarter-over-quarter increase.

Amazon Web Services (AWS) has launched a new High Performance Computing (HPC) management service - AWS Parallel Computing Service, aimed at simplifying the process for businesses to access and utilize supercomputing resources, lowering the barrier to entry. This service utilizes the open-source tool Slurm to manage clusters, allowing users to easily set up and manage clusters of Amazon Elastic Compute Cloud (EC2) instances on AWS without complex system administrator support. Businesses only need one AWS account to experiment and test the advantages of their workloads in large-scale computing.

Bland AI, a startup founded in 2023, is revolutionizing business phone support through AI technology and recently completed a Series A funding round of $16 million, bringing its total funding to $22 million. Supporters include Scale Venture Partners, Y Combinator, Max Levchin, Piotr Dąbkowski, and Jeff Lawson. Its mission is to enhance the efficiency of business phone communication, with AI agents capable of providing 24/7 service.

SenseTime's performance report for the first half of 2024 showcases strong capabilities in the AI sector, particularly with a 256% year-over-year growth in its generative AI business, which for the first time surpassed traditional AI, accounting for 60% of total revenue. Total revenue reached 1.74 billion yuan, a 21% increase year-over-year, although the net loss was 2.47 billion yuan, with the loss margin narrowed by 21% compared to the previous year. The impressive performance of the generative AI business marks a strategic shift in the company's focus, with significant technical strength as its large model 'Ri Ri Xin' outperformed GPT-4Tu in several evaluations.

Since the release of ChatGPT in November 2022, nearly 9% of the newly registered AI companies in China have either been canceled, revoked, or ceased operations, amounting to almost 80,000 businesses, which represents 8.9% of all new registrations during the same period. Over the past three years, more than 200,000 AI-related companies have been deregistered or revoked. In the last decade, 353,000 AI businesses have vanished. Currently, there are 1.8043 million AI-related companies in China, with more than 4,500 recognized by the Ministry of Industry and Information Technology as part of the AI industry system, and over 180 large models providing services to the public.

Microsoft has fully opened its facial recognition technology Face Check to businesses, aiming to provide more secure identity verification services. By combining users' selfies with verified identity photos, the technology effectively prevents cybercrime, reducing attack pathways reliant on insecure verification methods by 65%. Face Check is integrated into Microsoft Entra's digital identity services, using deep learning algorithms to identify and thwart deep fakes and other deceptive tactics, thereby protecting user privacy. Companies can purchase the service separately, with a fee of $0.25 for each verification.