EdTech Insight – SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion

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

Executive Summary and Main Points SoftBank has recently reported a profit of 7.24 billion Japanese yen ($4.6 billion) for its Vision Fund for the fiscal year ending in March, marking a significant turnaround from the fund’s $32 billion loss in the previous...

EdTech Insight – Sam Altman’s nuclear energy company Oklo plunges 54% in NYSE debut

by EdTechMate | May 10, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The recent public listing of advanced nuclear fission company Oklo, chaired by OpenAI CEO Sam Altman, signals an innovative convergence of nuclear energy and artificial intelligence (AI). Despite a substantial drop in...

EdTech Insight – Elon Musk’s X loses lawsuit against Bright Data over data scraping

by EdTechMate | May 10, 2024 | CNBC, News & Insights

Executive Summary and Main Points The federal dismissal of the lawsuit filed by Elon Musk’s X against Bright Data highlights a significant conversation in web data scraping, its legality, and its role in developing AI technologies and digital advertising...

EdTech Insight – Google employees question execs over ‘decline in morale’ after blowout earnings

by EdTechMate | May 10, 2024 | CNBC, News & Insights

Executive Summary and Main Points Google’s robust business growth and the strategic focus on Artificial Intelligence (AI) have become the center of discussion among its employees, with concerns about compensation not reflecting the company’s financial...

EdTech Insight – Alibaba rolls out latest version of its large language model to meet robust AI demand

by EdTechMate | May 10, 2024 | CNBC, News & Insights

Executive Summary and Main Points Alibaba Cloud’s unveiling of its advanced large language model, Qwen2.5, heralds a milestone in the realm of generative AI, boasting significant improvements in reasoning, comprehension, and textual understanding. Having...

EdTech Insight – Climate protesters try to break into Tesla’s Germany factory, multiple people arrested

by EdTechMate | May 10, 2024 | CNBC, News & Insights

Executive Summary and Main Points In the most recent happenings within the intersection of environmental activism and industrial expansion, Tesla faces challenges with its plans to enlarge its Berlin-Brandenburg Gigafactory in Germany. Key innovations and trends in...