Author: Techie.lk

We’re just weeks away from the launch of the iPhone 18 Pro and iPhone Fold, and preparations inside Apple are well underway. A new report from Bloomberg says that Apple is opening a lottery for its US retail employees to head to California and help assist at the forthcoming iPhone event in September. iPhone event set for September The report explains that retail employees from Apple Stores can apply to work the iPhone event, where they will “help organize lines, check in guests, greet attendees, offer directions and support the security teams.” Apple announced the lottery in an employee memo,…

Shares in Elon Musk’s SpaceX tumbled after the company’s first-ever earnings report revealed a huge jump in spending on artificial intelligence, spooking investors. While the firm’s quarterly revenue had nearly doubled to $7.8bn (£5.8bn) from a year earlier, its spending ballooned to $18.3bn, more than six times what it was a year ago, the bulk of which was for AI. The firm builds space rockets and Starlink internet satellites as well as owning the social media platform X. It began trading on the US stock market in June. Its stock fell 9% on Wednesday morning. Musk said during an investor…

Prof. Dr. Rangamini Werawatta is a Professor of Technology Management, Consultant, and leading academic in the fields of Information Communication Technology, Cyber Studies, Business Intelligence and Data Analytics. He serves as an Executive Director at the International Centre for Information Communication Technology (ICICT), Director of the Asia Institute of Advanced Studies, and President of the Association for ICT Professionals. An academic, researcher and author, with over 20 years’ experience in public, private and development sectors, locally and internationally, with exposure to Asia, Middle East and European regions, he has been ranked amongst the Top 1% Scientists in Sri Lanka by…

Since 2018, the Women in Tech global movement has been empowering women and girls in Science, Technology, Engineering, Arts and Mathematics (STEAM), through education, business innovation, digital inclusion, and high-level advocacy. With over 65 established chapters across six continents and the prestigious patronage of President Emmanuel Macron, Women in Tech is a trusted global platform connecting women in technology with world leaders, industry pioneers, and transformative opportunities. Women in Tech Sri Lanka welcomes experienced female tech professionals, students aspiring to enter the field, and passionate advocates for gender equality, to shape the future of Sri Lanka’s tech industry, and is…

With no background in coding, Faith Maeba, a psychology major, was reluctant when her mother first suggested she enroll in classes on artificial intelligence. But the senior at Virginia Commonwealth University began to see it differently as she looked into graduate psychology programs that explore human behavior in the workplace, which is quickly being upended by machine learning. Maeba, 21, is now pursuing a minor in AI. “It’s giving me an edge and standing out,” she said. Hiring has cooled for entry-level software developers — work increasingly done by AI agents — and college enrollment in computer and information science programs has…

U.S. stocks rose Friday to finish a wild July for Wall Street as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation staying high. The S&P 500 climbed 0.7% after veering between gains and losses through the day. The Dow Jones Industrial Average added 276 points, or 0.5%, and the Nasdaq composite rallied 1% after briefly losing all of an early 1.3% jump. It’s a fitting finish to July for the U.S. stock market, which lurched up and down as oil prices shot higher because of the war with Iran and worries grew about whether Big Tech’s massive investments in artificial-intelligence technology will translate into profits and whether chipmaker stocks soared too high in the euphoria around AI.…

Amazon said it will be increasing this year’s capital spending on technology, mostly artificial intelligence, by an additional 10% after the tech and e-commerce giant delivered strong profits and net sales during for fiscal second quarter, helped by surging growth in its prominent cloud computing unit. The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth in 18 quarters. CEO and President Andy Jassy disclosed to investors on the call that Amazon now expects capital…

The European Commission is in talks with OpenAI and Anthropic over recent ​hacking incidents involving their AI models, Commission officials said on Friday, ‌as they touted landmark EU rules requiring strict monitoring of high-risk systems. Europe’s AI Act, which kicks in on August 2, is the first legislation in the world to regulate a technology ​used in almost all sectors of businesses and society. In effect, the ​rules require certain AI systems to tell users when they are ⁠interacting with AI and when content has been generated or altered by it. Anthropic ​said on Thursday some of its Claude AI models had…

Chinese military researchers have used outputs from leading U.S. artificial intelligence models developed by OpenAI and Anthropic to ​train domestic AI systems to advance China’s defence capabilities, according to a Reuters review of more than 80 Chinese academic papers and patents. The previously unreported findings offer a rare glimpse into ‌how military and security-linked institutions in China are leveraging cutting-edge U.S. AI models as a shortcut to developing specialised systems of their own, despite Washington’s efforts to restrict Beijing’s access to advanced chips and other strategic technologies. The documents show widespread use of a technique known as “model distillation,” in which outputs…

China’s Alibaba (9988.HK), opens new tab on Monday unveiled its largest ​and most capable AI model to date, sending its shares surging, while a research firm said DeepSeek’s latest product offers cut-throat pricing that ‌is more than 100 times cheaper than Anthropic’s Claude Fable 5. The two developments highlight the rapid pace of advancement in artificial intelligence by Chinese tech firms, which are locked in a fierce and fast-moving battle to build more powerful systems without making them prohibitively expensive to run. Both models — Alibaba’s Qwen3.8-Max and DeepSeek’s V4-Flash — underline Chinese commitment to open-weight models as the firms seek to…