With an estimated price tag of $23 billion (approximately CZK 534 billion), the planned acquisition of Israeli startup Wiz was to be the largest ever purchase by US tech giant Alphabet, the parent company of Google. The deal, if completed, would significantly strengthen Alphabet's position in the cybersecurity field. However, Israeli startup Wiz...
From the beginning of next month, a new European regulation on artificial intelligence (AI) known as the AI Act will come into force. This regulation, which will be phased in over time, gives companies and authorities two years to prepare before it becomes fully binding. However, some parts of the regulation will be enforceable after just six mo...
Fast food chain McDonald's has postponed its plans to introduce AI-based automated service for McDrive. The system, which has been tested since 2019 in partnership with IBM, wasn't perfect and sometimes gave drivers incorrect orders. Frustrated customers filmed some of the situations on mobile phones and posted the videos on social media, the...
In 2023, the Czech internet company Seznam.cz recorded a slight increase in its revenues by 0.18% to a total of CZK 5.939 billion. Similarly, pre-tax profit increased slightly by 6.06% to CZK 1.362 billion compared to the previous year. Pavel Zima, a member of the board of directors of Seznam.cz, hailed this result as very successful, despite...
The Google I/O developer conference, held on May 14, brought a number of significant innovations with an emphasis on advances in artificial intelligence. Sundar Pichai, Google's CEO, introduced several key innovations. Google introduced a major enhancement to its AI model, Gemini 1.5 Pro. This model, originally launched with an information pr...
Driven by the boom in artificial intelligence (AI), US company Nvidia has grown significantly over the past year, so that its market value now exceeds the entire German stock market and even the gross domestic product of Russia or Canada. Only seven global economies and companies like Microsoft and Apple are ahead of it. When it released its ...
SAP has extended the employment contract of CEO Christian Klein for another three years and appointed him Chairman of the Board. This decision was announced today. Klein, who has been a member of the Board of Directors since 2018, began sharing the role of CEO in October 2019 and was promoted to the company's sole CEO in April 2020. Pr...
The last few months have been really productive for Apple in the field of artificial intelligence. Although we are still waiting for the unveiling of the first user-facing features in their AI-based operating systems, developers are regularly launching new AI systems that will soon be part of the Apple ecosystem. Recently, Apple announced the...
The administrator of the fallen crypto exchange has decided to sell two-thirds of its stake in the promising startup Anthropic for $884 million, allowing it to pay off former clients. The story of the bankrupt FTX exchange, which began in October 2019, will come to a head with a captivating ending. The villain, founder Sam Bankman-Fried, is behi...
