Connect with us

Tech

Microsoft promotes new tools for making AI software

Microsoft promotes new tools for making AI software

Published

on

Microsoft talked up new tools on Tuesday aimed at encouraging programmers to build AI-focused technology into Windows software as it races against Alphabet, Amazon and Apple to dominate the emerging field. At a developer conference in Seattle, Chief Executive Satya Nadella promoted new application programming interfaces, or APIs, that make it easier for developers to tap in to AI technology offered by Microsoft. The company said 1.8 million developers are now using Github Copilot, Microsoft's generative AI tool that helps computer programmers be more productive. "What stands out to me as I look back at this past year, is how you all as developers have taken all of these capabilities and are applying them, quite frankly, to change the world around us," Nadella said during his keynote address at the Build conference. Microsoft detailed new features for its Copilot AI software that helps business productivity applications such as email and its Teams video and text chat product. At its developer conference last week, Alphabet's Google unveiled a similar batch of AI tools to help people with office applications. Microsoft announced details of its new developer tools last week. Shares of Microsoft were up 1.2% at $430.67 on Tuesday afternoon after hitting a record high of $432.97 earlier in the session. Microsoft's stock has now gained 14% in 2024. Also aimed at developers, Microsoft said last Thursday it would offer its cloud computing customers a platform of AMD AI chips that will compete with Nvidia whose graphics processing units have become the gold standard for AI computing. The platform of AMD chips created by Microsoft uses networking technology made by Nvidia called Infiniband to string the processors together. OpenAI's new GPT4-o model, which runs on Microsoft's infrastructure, is 12 times cheaper for developers to use in their software than earlier versions of the technology, Microsoft's chief technology officer Kevin Scott said. Microsoft is the largest investor in OpenAI and uses some of the AI heavyweight's technology in its own products. On Monday, Microsoft debuted a line of Copilot+ personal computers with AI features such as software that lets users search through their past actions in nearly any software. The new computers feature Arm-based, processors made by Qualcomm.

 Microsoft talked up new tools on Tuesday aimed at encouraging programmers to build AI-focused technology into Windows software as it races against Alphabet, Amazon and Apple to dominate the emerging field.

At a developer conference in Seattle, Chief Executive Satya Nadella promoted new application programming interfaces, or APIs, that make it easier for developers to tap in to AI technology offered by Microsoft. 

The company said 1.8 million developers are now using Github Copilot, Microsoft’s generative AI tool that helps computer programmers be more productive.

“What stands out to me as I look back at this past year, is how you all as developers have taken all of these capabilities and are applying them, quite frankly, to change the world around us,” Nadella said during his keynote address at the Build conference.

Advertisement

Microsoft detailed new features for its Copilot AI software that helps business productivity applications such as email and its Teams video and text chat product.

At its developer conference last week, Alphabet’s Google unveiled a similar batch of AI tools to help people with office applications. Microsoft announced details of its new developer tools last week.

Shares of Microsoft were up 1.2% at $430.67 on Tuesday afternoon after hitting a record high of $432.97 earlier in the session. Microsoft’s stock has now gained 14% in 2024.

Also aimed at developers, Microsoft said last Thursday it would offer its cloud computing customers a platform of AMD AI chips that will compete with Nvidia whose graphics processing units have become the gold standard for AI computing.

The platform of AMD chips created by Microsoft uses networking technology made by Nvidia called Infiniband to string the processors together.

Advertisement

OpenAI’s new GPT4-o model, which runs on Microsoft’s infrastructure, is 12 times cheaper for developers to use in their software than earlier versions of the technology, Microsoft’s chief technology officer Kevin Scott said.

Microsoft is the largest investor in OpenAI and uses some of the AI heavyweight’s technology in its own products.

On Monday, Microsoft debuted a line of Copilot+ personal computers with AI features such as software that lets users search through their past actions in nearly any software. The new computers feature Arm-based, processors made by Qualcomm.

Advertisement

Tech

ByteDance confirms layoff plan at its Indonesian unit

ByteDance confirms layoff plan at its Indonesian unit

Published

on

By

ByteDance confirms layoff plan at its Indonesian unit

China’s ByteDance will lay off staff at its Indonesian unit following a deal where it bought a local e-commerce firm and combined it with its TikTok operation, a spokesperson said on Friday.

ByteDance, the owner of TikTok, did not say how many employees would be affected. Bloomberg had earlier reported there would be 450 jobs cut.

In January ByteDance completed a deal to buy a majority stake in Tokopedia, an Indonesian e-commerce firm, from the GoTo group.

ByteDance spokesperson Nuraini Razak told Reuters in a statement the company would “make necessary adjustments” as a result of the combination of TikTok and Tokopedia.

Advertisement

“We identified areas to strengthen our organisation and better align our teams with company goals,” she said, adding the company would “aim to support employees throughout this transition”.

ByteDance had its own e-commerce operation in Indonesia via its TikTok app, but that was banned under an Indonesian rule that social media applications could not operate as an e-commerce platform.

Tokopedia is one of the leading e-commerce platforms in Southeast Asia’s largest economy.

Advertisement
Continue Reading

Tech

Indonesia minister threatens to shut down X over adult content

Indonesia minister threatens to shut down X over adult content

Published

on

By

Indonesia minister threatens to shut down X over adult content

Indonesia is prepared to shut down social media platform X if it does not comply with a regulation barring adult content, the country’s communications minister said on Friday. Indonesia, the world’s biggest Muslim-majority country, has strict rules that ban the sharing online of content deemed obscene.

Minister Budi Arie Setiadi told Reuters he had sent a warning letter to X related to this matter.

“We will certainly shut its services down,” he said, pointing to Indonesia’s electronic information and transaction (ITE) law that can carry a six-year jail sentence if someone spreads pornographic content.

His comments in an interview come after the social media platform recently updated its policies to permit consensually produced adult content.

Advertisement

X, owned by billionaire Elon Musk, has not responded to Indonesia’s warning letter, Budi said, adding the government would send more letters before deciding on a potential closure.

X, formerly known as Twitter, did not immediately respond to a request by Reuters for comment.

Indonesians are big users of social media and X has 24.85 million users in the country, according to data gathering business Statista.

Advertisement
Continue Reading

Tech

Japan watchdog recommends action on MUFG units over sharing of client data

Japan watchdog recommends action on MUFG units over sharing of client data

Published

on

By

Japan's securities watchdog recommended on Friday that the banking and securities units of Mitsubishi UFJ Financial Group opens new tab (MUFG) be penalised for what it said was unauthorised sharing of client information. The Securities and Exchange Surveillance Commission (SESC) made the recommendation to the banking regulator, the Financial Services Agency (FSA), which hands out such punishments in Japan. The recommendation, which was widely expected, followed the SESC's investigation into MUFG's banking arm, MUFG Bank, and its two brokerage ventures with Morgan Stanley (MS.N), opens new tab. The investigation found that confidential client information had been shared between MUFG Bank and one of the two securities firms on at least 26 occasions between 2020 and 2023. MUFG Bank also illegally offered preferential lending rates to clients that did business with the group's two securities brokerages, the SESC said. Japan's "firewall" regulations prohibit banks and securities companies in the same group from sharing customer data with one another without the customer's consent. The investigation found no evidence of insider trading, but monitoring and internal controls were lacking, the SESC said. MUFG group companies will make every effort to strengthen control systems in light of the recommendation and will take measures to prevent recurrence, the parent company said in a statement. The two brokerages were established in 2010, two years after MUFG invested in Morgan Stanley at the height of the global financial crisis in 2008. MUFG owned around 23% of Morgan Stanley as of March 2024.

Japan’s securities watchdog recommended on Friday that the banking and securities units of Mitsubishi UFJ Financial Group  opens new tab (MUFG) be penalised for what it said was unauthorised sharing of client information.

The Securities and Exchange Surveillance Commission (SESC) made the recommendation to the banking regulator, the Financial Services Agency (FSA), which hands out such punishments in Japan.

The recommendation, which was widely expected, followed the SESC’s investigation into MUFG’s banking arm, MUFG Bank, and its two brokerage ventures with Morgan Stanley (MS.N), opens new tab.

The investigation found that confidential client information had been shared between MUFG Bank and one of the two securities firms on at least 26 occasions between 2020 and 2023.

Advertisement

MUFG Bank also illegally offered preferential lending rates to clients that did business with the group’s two securities brokerages, the SESC said.

Japan’s “firewall” regulations prohibit banks and securities companies in the same group from sharing customer data with one another without the customer’s consent.

The investigation found no evidence of insider trading, but monitoring and internal controls were lacking, the SESC said.

MUFG group companies will make every effort to strengthen control systems in light of the recommendation and will take measures to prevent recurrence, the parent company said in a statement.

The two brokerages were established in 2010, two years after MUFG invested in Morgan Stanley at the height of the global financial crisis in 2008. MUFG owned around 23% of Morgan Stanley as of March 2024.

Advertisement

Continue Reading

Trending

Copyright © GLOBAL TIMES PAKISTAN