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Stylish shades with future tech and Meta products

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Meta hosted a two-day virtual event, Meta Connect 2023, on September 27-28, focusing on AI and virtual, mixed, and augmented realities.

The event featured presentations, lightning talks, and immersive experiences, giving attendees an insight into the latest advancements and innovations.

 

Unveiling Meta Quest 3 and Meta Smart Glasses

One of the highlights was the unveiling of the much-anticipated Meta Quest 3 and Meta smart glasses. Mark Zuckerberg, the Founder and CEO of Meta, along with special guests, introduced Meta Quest 3 and elucidated how Meta is pushing the boundaries of mixed reality.

Meta’s foray into smart glasses with a partnership with Ray-Ban showcased their commitment to expanding the realms of reality. The smart glasses promise hands-free communication and a seamless integration of the digital and physical worlds.\

Delving into Meta’s Technological Vision

The event delved into the technological vision of Meta with presentations like “Building the Future” by Michael Abrash, Chief Scientist at Reality Labs, and Andrew “Boz” Bosworth, CTO and Head of Reality Labs. They discussed Meta’s groundbreaking research in contextual AI, neural interfaces, and ultra-realistic codec avatars, fundamental to the future of computing.

Developer Ecosystem and AI Innovations

A significant aspect of the event was the “Developer State of the Union,” providing developers a platform to explore new tools, programs, and features across AI, VR, MR, AR, Meta Horizon Worlds, and Meta Avatars. Additionally, the event highlighted AI innovations through “AI, Llama and more” lightning talks, showcasing Meta’s recent AI developments and tools.

Immersive Experiences in Mixed Reality

On the second day, attendees had the opportunity to explore mixed reality experiences and the potential of Meta Quest 3 through a “Meta Quest and Mixed Reality” lightning talk. This session provided insights into the cutting-edge capabilities and business strategies that drive this next-generation product.

Meta Horizon Worlds: An Immersive Meta Experience

Meta Horizon Worlds, an immersive experience inspired by Meta’s Menlo Park campus, allowed participants to explore a virtual world and even experience Mark Zuckerberg’s keynote in 3D. Attendees could engage with others in Meta Horizon Worlds experiences and earn exclusive rewards.

 

 

Tech

Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Tech

Memory shortages and rising prices could persist through 2027

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

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Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.


Memory chips critical to consumer electronics and AI data centres remain in tight supply, keeping prices elevated despite production expansion by major players including Samsung and Micron.

Lenovo warns higher memory costs will hit budget devices first, even as PC demand stays strong from Windows 11 upgrades.

#Lenovo #ConsumerTech #PCMarket #Windows11 #TechPrices #Laptops #HardwareNews #DigitalEconomy


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