EdTech Insight – Microsoft offers relocation to hundreds of China-based AI staff amid U.S.-China tech tensions

by EdTechMate | May 16, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent strategic maneuver by Microsoft suggests a significant shift in the global landscape of artificial intelligence (AI) and cloud computing, particularly in the context of the intensifying U.S.-China technology rivalry....

EdTech Insight – Baidu’s robotaxi unit expects to turn profitable next year

by EdTechMate | May 15, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points Baidu Apollo’s substantial progress in the autonomous vehicle sector and its strategic move towards profitability by next year underscore the accelerated digital transformation within the global higher education...

EdTech Insight – Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target

by EdTechMate | May 14, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points This summary highlights Sony’s report on its fiscal year 2023 performance, including a 7% decrease in annual profits predominantly due to the financial services division’s downturn. Sony’s flagship...

EdTech Insight – OpenAI launches new AI model and desktop version of ChatGPT

by EdTechMate | May 13, 2024 | CNBC, News & Insights

Executive Summary and Main Points OpenAI has formally introduced GPT-4o, an upgraded iteration of its AI model, delivering advancements in speed, text, video, and audio capabilities. The new model is not only faster but also comes at half the cost of its predecessor,...

EdTech Insight – Melinda French Gates to resign from Gates Foundation, will pursue own philanthropy with $12.5 billion grant

by EdTechMate | May 13, 2024 | CNBC, News & Insights

Executive Summary and Main Points Melinda French Gates has announced her upcoming resignation as co-chair from the Bill & Melinda Gates Foundation, a pivotal moment that may impact philanthropic involvement in global higher education and digital transformation...

EdTech Insight – Musk’s X wins court reprieve in fight against Australian government over church stabbing videos

by EdTechMate | May 13, 2024 | CNBC, News & Insights

Executive Summary and Main Points The ongoing discourse around Elon Musk’s social media platform, X, in the wake of a Sydney church stabbing video illustrates significant tensions between global digital platforms and national regulatory bodies. The refusal of an...