Tuesday, May 9, 2023

Sony banks on Indian game developers, launches the ‘India Hero Project’

The Indian gaming industry may still be in its nascent stage, but in recent years, there has been some notable progress. From ‘Raji: An Ancient Epic’ bagging the country’s first The Game Awards nomination to ‘Mukti’ securing funding from Epic Games, Indian game studios have already started to make waves in the global gaming landscape. In another positive development for Indian game developers, Sony has now announced the ‘India Hero Project’, an incubator programme to support Indian-made games. https://ift.tt/BmHp3L6

Global tablet shipments fell 18% YoY to 31.7M in Q1 2023, the lowest shipment volume since Q1 2020; Apple had 12.35M shipments, down 17% YoY, for a 38.9% share (Canalys)

Canalys:
Global tablet shipments fell 18% YoY to 31.7M in Q1 2023, the lowest shipment volume since Q1 2020; Apple had 12.35M shipments, down 17% YoY, for a 38.9% share  —  According to the latest Canalys data, global tablet shipments fell 18% year on year in the first quarter of 2023 to 31.7 million units.



Amazon teases new Realme Narzo series smartphone

Realme recently celebrated its fifth anniversary in India. Now it appears that the company is all set to launch its new smartphone in the country. Realme is said to launch a new Narzo series smartphone in India. https://ift.tt/scWT5Qb

Nintendo expects to sell 15M Nintendo Switch consoles this fiscal year, below analyst estimates of 15.7M; the company sold 18M units in the year to March 2023 (Bloomberg)

Bloomberg:
Nintendo expects to sell 15M Nintendo Switch consoles this fiscal year, below analyst estimates of 15.7M; the company sold 18M units in the year to March 2023  —  Nintendo Co. expects to sell 15 million units of its Switch console this fiscal year, showing the extent of the slowdown for its six-year-old flagship product.



Intel reportedly plans a fresh round of layoffs

The technology sector is experiencing a wave of job cuts and the chip manufacturer Intel is back with a fresh round of layoffs. According to an online report, Intel confirmed the plan to reduce its workforce. https://ift.tt/pYHgNcj

Sunday, May 7, 2023

ChatGPT maker OpenAI's losses swell to $540 million, likely to keep rising

The losses of Microsoft-backed OpenAI, the developer behind highly-successful AI chatbot ChatGPT, reportedly swelled to nearly $540 million last year and are likely to only keep rising. According to The Information, OpenAI's losses doubled as it developed ChatGPT and hired key employees from Google. "The previously unreported figure reflects the steep costs of training its machine-learning models during the period before it started selling access to the chatbot," the report noted. https://ift.tt/YJdpjtD

Siemens, SAP say EU draft Data Act puts trade secrets at risk

German business software maker SAP and German engineering company Siemens have joined US tech giants in criticising draft EU laws on the use of data generated by smart gadgets and other consumer goods. EU countries and EU lawmakers are working on the details of the Data Act, proposed by the European Commission last year before it can be adopted as legislation. https://ift.tt/K6IAXq5

Images of a Texas mall mass shooting go viral on Twitter, fueling criticism of its reduced moderation; Twitter allows some graphic posts like Ukraine war images (Benjamin Mullin/New York Times)

Benjamin Mullin / New York Times:
Images of a Texas mall mass shooting go viral on Twitter, fueling criticism of its reduced moderation; Twitter allows some graphic posts like Ukraine war images  —  Graphic images of the attack went viral on the platform, which has made cuts to its moderation team.



Source: Volkswagen plans to fire most of the management team at Cariad next week, after the software unit missed its development goals and exceeded its budget (Jan Schwartz/Reuters)

Jan Schwartz / Reuters:
Source: Volkswagen plans to fire most of the management team at Cariad next week, after the software unit missed its development goals and exceeded its budget  —  Carmaker Volkswagen (VOWG_p.DE) is set to dismiss all but one of the executive board members at its software division Cariad next week …



Research papers and staff interviews detail the workarounds of Chinese companies like Huawei, Baidu, and Alibaba to develop AI systems without the latest chips (Wall Street Journal)

Wall Street Journal:
Research papers and staff interviews detail the workarounds of Chinese companies like Huawei, Baidu, and Alibaba to develop AI systems without the latest chips  —  Research in China on workarounds, such as using software to leverage less powerful chips, is accelerating



Emerging markets like India, where iPhone has a low market share, are starting to take off for Apple, attracting a lot of switchers to its ecosystem (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Emerging markets like India, where iPhone has a low market share, are starting to take off for Apple, attracting a lot of switchers to its ecosystem  —  Apple is turning its attention to emerging markets at a time when growth is slowing at home.  Also: Power On is now on Discord …



Two OpenAI contractors, one of them earning $15 per hour, speak about their work labeling the training data used for the company's products, like ChatGPT (David Ingram/NBC News)

David Ingram / NBC News:
Two OpenAI contractors, one of them earning $15 per hour, speak about their work labeling the training data used for the company's products, like ChatGPT  —  Two OpenAI contractors spoke to NBC News about their work training the system behind ChatGPT.  —  Alexej Savreux, a 34-year-old in Kansas City …



Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...