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Google AI 🤖, Ethereum Bday 🎉, Foxconn Deal 💰

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nextbigwhat.com

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team@nextbigwhat.com

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Tue, Aug 1, 2023 02:37 AM

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Catch up on the latest in tech, business and startups - all in 5 minutes. iPhones with outdated Twit

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to today's edition of the NextBigWhat Daily News! Today's top stories include Google Assistant's Large Language Model tech, Ethereum's 8th bday celebration in India, and Foxconn's new TN plant. 🤖🎉💰 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( iPhones with outdated Twitter logo are selling for up to $25,000 🌎 GlobalTech - iPhone users with old Twitter branding are selling their devices on resale sites for up to $25,000. - This trend isn’t new, previous cases recorded selling phones with the removed games Fortnite and Flappy Bird. - A first-generation iPhone recently sold for $190,372.80, indicating a market for rare or collectible items. Amazon Amp expands to Android after initial exclusivity to iOS 🌎 GlobalTech - Launched last spring, Amazon’s live audio-streaming platform Amp is now available on Android, aiming to reinvent radio with its in-built music library. - Amp allows users to create their own DJ sets, offers chat options and even the possibility for callers. - With streaming competitors like YouTube and TikTok, Amp differentiates itself by focusing on radio and radio-style shows, and intends to attract more users while maintaining its friendly online community. Attention Attention Tech Hiring Managers & Recruiters [NBW Newsletter Ad]( Hire Tech Talent That Delivers | QUICK. SIMPLE. FREE OF CHARGE Highly Skilled Candidates | Zero Offer Drops | Immediate Joining | 1 Day Hiring Process [Hire Now]( OpenAI CEO’s Worldcoin Cryptocurrency Venture Under Examination in Europe 🌎 GlobalTech - Germany, France, and the UK are investigating the iris-scanning cryptocurrency venture, Worldcoin, by OpenAI CEO Sam Altman. - Concerns are raised about the massive access to sensitive data, identification validation, and assurance of data permanence in blockchain. - Despite assurances of security in a Worldcoin white paper, important figures like Ethereum co-founder Vitalik Buterin express doubts about the ‘proof-of-personhood’ project. Elon Musk Dismantles Obnoxious ‘X’ Sign from Twitter Headquarters 🌎 GlobalTech - Elon Musk removed an obtrusive ‘X’ sign on Twitter’s HQ responding to city and residents’ complaints regarding safety and illumination. - The sign was part of Musk’s rebranding efforts after Twitter’s financial conditions worsened and its name changed to X in the iOS App Store. - Musk faces penalties for not following city permitting laws and will be assessed fees for the installation and removal of the structure. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( AI Test Kitchen app removed from Google Play and App Store 🤖 AI - Originally launched last year, the AI Test Kitchen app serves as a public testing platform for Google’s AI tools. - Despite declared plans for a second season, the app seems to have been partially shut down, now unfindable on the app stores, but still available for users who have already installed it. - Current content, including MusicLM, remains usable for existing users and available on the web app. Google Assistant to incorporate Large Language Model technology 🇮🇳 IndiaTech - Google Assistant’s team is planning to introduce Large Language Model (LLM) technology to its artificial intelligence operations. - The change aims at enabling the Assistant to handle complex commands and interactions, but its practicality is yet to be established. - Google is making these adjustments to keep up with the evolving technology, even though user interaction patterns show a preference for simple commands over complex conversations. Vitalik Buterin Celebrates Ethereum’s 8th Birthday in India 🇮🇳 IndiaTech - Ethereum founder Vitalik Buterin marked Ethereum’s eighth birthday in Bengaluru, indulging in traditional Indian cuisine. - Buterin has watched Ethereum grow significantly since its inception, standing second only to Bitcoin in market cap. - He recently commented on the upcoming Ethereum 2.0 upgrades promising a more scalable, secure, and sustainable platform. Windows 11 Copilot to Support Plugins Via Bing AI Integration 🤖 AI - Windows Copilot, powered by Bing AI, will soon get support for plugins. - Spotted in Windows 11 Build 23506, the plugins will redefine user interaction with the operating system. - These plugins will allow users to customize device themes, enhance PC performance, manage apps, and take screenshots. Foxconn Subsidiary Seals $194 Million Deal with Tamil Nadu for New Plant 🇮🇳 IndiaTech - Foxconn Industrial Internet to build a new electronic components facility. - The project, set in Kancheepuram district, will create 6,000 jobs. - This facility will be separate from Foxconn’s existing Chennai iPhone assembly campus. DailyObjects Sees Significant Growth and Profit in FY23 🇮🇳 IndiaTech - Direct to Consumer lifestyle brand DailyObjects has recorded a two-fold growth in the last fiscal year on the back of low customer acquisition cost. - 56% of the company’s profit margin and repeat customer rate of 47% was observed with 43% of total revenue being consumed by product costs. - Company CEO anticipates that the brand’s broad product portfolio will potentially lift revenues above Rs 120 crore in 2023-24. Persistent Systems and Google Cloud Unveil Generative AI Solutions 🤖 AI - Persistent Systems collaborates with Google Cloud to deliver a range of Generative AI solutions aimed at guiding clients on their AI journeys. - The company has developed a quick deployment program, along with a modernization accelerator and an AI-powered insights discovery tool, all utilizing Google Cloud’s Generative AI capabilities. - A case study includes assisting Artnet to reimagine art search using a conversational AI-powered interface, making art purchasing decisions easier for its customers. Exposure to AI in work does not raise concerns amongst most workers, Pew Research finds 🤖 AI - The Pew Research Center found that jobs deemed ‘most exposed’ to AI include more than 27 million Americans. - The study revealed that those with a higher exposure to AI tend to be less concerned about its impact on their work. - AI’s potential negatives seem to be offset by the familiarity and benefits it provides in certain job sectors such as information technology. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](

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