Lifeboat Foundation

WASHINGTON — Lockheed Martin announced May 4 it is consolidating several businesses focused on space into three sectors: Commercial civil space, national security space, and strategic and missile defense.

“With an eye toward the future and building on our current business momentum, these changes position us to deliver end-to-end solutions for today’s mission demands and well into the future,” said Robert Lightfoot, executive vice president of Lockheed Martin Space.

Artificial intelligence has started to make a real impact on the world by replacing human jobs and making some business models obsolete. We take a look at this week’s biggest AI news and identify the biggest losers in the AI race.

#ai #tech #thecodereport.

Continue reading “The first casualties of AI” »

Some companies are negatively impacted by the appearance of ChatGPT and similar AI.

CNBC’s Deirdre Bosa reports on Chegg as the shares of a California education company dropped more than 40%. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi.

Continue reading “Chegg stock plunges on AI threat to new user growth” »

As AI technology evolves, it is poised to create a great impact on our personal and professional lives, delivering unprecedented assistive capabilities and bringing value to multiple industries.

At last, we’re on the cusp of a passwordless era. Replacing passwords with passkeys promises to reduce frustration while making us safer.

However, through my experience working with businesses and end users, I’ve found widespread misunderstandings around passwordless technologies. Many don’t understand what passwordless technology is or how it works, and some mistakenly think that more onerous login processes mean it’s more secure. Here’s an update on where we stand and what we need to take passwordless technology mainstream.

Passwords may be the default, but they’re not our best option.

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Texas-based Venus Aerospace is working with rotating-detonation propulsion technology to turn the “Stargazer” from sci-concept to Mach-9 business jet that flies at 11110km/h.

By Michael Verdon 02/05/2023

In a recent presentation, Tesla said that it was working to eliminate rare Earth magnets from its EVs over supply and toxicity concerns.

In a major move, Tesla is looking to rid its electric vehicles of rare Earth minerals, potentially eliminating the biggest environmental concern over the increasing number of EVs on the road.

The surprise announcement came during Tesla’s Master Plan 3 Investor event where the company outlined its business strategy for the next few years.

Continue reading “Elon Musk says he’s getting rid of rare Earth magnets in Tesla EVs” »

AI is having its moment on tech earnings calls for the second consecutive quarter, following the widely popular launch of OpenAI’s ChatGPT in late November. But not every company has the same plans for the new technology.

Nvidia (NVDA) is selling AI powered supercomputers. Microsoft (MSFT) is integrating ChatGPT into its search engine to compete with Google (GOOGL), which has its own AI searchbot.

Meta’s approach is slightly different. The core business for Meta since the early days of Facebook has been advertising sales, which still account for 98% of the company’s quarterly revenue. So naturally, enhancing advertisements with AI is where Meta believes the new technology can be most impactful.

Sales teams have typically not been early adopters of technology, but generative AI may be an exception to that. Sales work typically requires administrative work, routine interactions with clients, and management attention to tasks such as forecasting. AI can help do these tasks more quickly, which is why Microsoft and Salesforce have already rolled out sales-focused versions of this powerful tool.

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Microsoft and Salesforce have already rolled out sales-focused versions of this powerful tool.