From drive-thru operations to back-of-house operations to predictive ordering for consumers, restaurant brands are starting to pilot AI to streamline food service. The technology has yet to reach critical mass in major chains, but it has the potential to automate more tasks and give restaurant workers the opportunity to have a more meaningful guest experience. … Read more
Apple is a technology innovation company. It is a computer device company. It is a computer services company. It is a music streaming company. It’s so much more. In the ever-changing technology landscape, Apple Inc. has solidified its position as one of the most influential companies, revolutionizing and even disrupting industries and captivating consumers around … Read more
Thierry Breton, EU commissioner for the internal market, has called on more member states to remove “high-risk” providers such as Huawei and ZTE from their 5G networks, citing risks to national security. To date, only 10 EU countries have restricted or banned Huawei from their 5G networks, Breton said. China later said it strongly opposes … Read more
Current AI systems like ChatGPT don’t have human-level intelligence and aren’t even as smart as a dog, Meta’s AI chief Yann LeCunn said. LeCun spoke about the limitations of generative AI, such as ChatGPT, and said they are not very intelligent because they are trained solely on language. Meta’s LeCun said that, in the future, … Read more
According to the latest CNBC|SurveyMonkey Workforce Survey, workers using AI are more likely to have received recent pay increases that have outpaced inflation. They are also more likely to say they have the opportunity to advance their careers. Whatever fears there may exist about AI job displacement in the future, and fears there are, early … Read more
House Republicans’ new tax cut package includes a measure that would slash a $600 tax filing threshold for gig workers and sellers who use payment networks like PayPal or Venmo. The measure aims to stop the attack on the gig economy and Americans by repealing the Democrats’ new rule that the IRS targets gig workers … Read more
AI-powered video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively. The round, which values the company at $1 billion, was led by venture capital firm Accel and backed by US chipmaker Nvidia. Synthesia will use the money to invest in artificial intelligence research, advancing on partnerships with leading colleges … Read more
The Pentagon said Thursday it had agreed to purchase Starlink satellite internet terminals from Elon Musk’s SpaceX for use in Ukraine. The Pentagon declined to offer further contract details, including the price, scope and timing of delivery. Starlink is SpaceX’s global network of more than 4,000 satellites providing services to more than 50 countries. Ukrainian … Read more
Microsoft’s deal with CoreWeave could be worth billions of dollars over several years, people familiar with the matter said. CoreWeave offers Nvidia graphics cards that other companies rent out. Nvidia has invested $100 million in CoreWeave, which was valued at $2 billion in April. Microsoft CEO Satya Nadella Jordan Novet | CNBC Microsoft’s massive investment … Read more
Nokia plans to launch 4G Internet on the moon later this year, a company executive said. It will be used within NASA’s Artemis program, which aims to establish a human presence on the moon. The goal is to demonstrate that terrestrial networks can meet the communication needs of future space missions. Nokia hopes to roll … Read more
