Although generative AI is still in its infancy, it has apparently shown its worth in powering coding assistance rather quickly. According to a Financial Times story published on Friday, August 23, GitHub Copilot, an AI coding helper owned by Microsoft, has attracted around 2 million paying customers since its inception in 2022 and has helped GitHub's income rise by 45% year over year. GitHub CEO Thomas Dohmke stated in the article, "We found very quickly that GPT-3, OpenAI's first big model, was so good at creating code that we could develop a solution around this." The study claims that AI assistants for creating and modifying code have also been developed by Amazon, Meta, and Google. In this space, a number of startups are also in competition: Replit, Anysphere, Magic, Augment, Supermaven, and Poolside AI. According to the study, these companies have raised $906 million since January 2023, including $433 million thus far in 2024. According to a 2023 McKinsey estim...

For months, the multiplayer game was essentially undiscovered. In the most understated manner possible, Valve has finally and formally unveiled Deadlock. The game now has a straightforward announcement and a Steam page with Valve listed as the publisher and developer: Deadlock is a work in progress that features a lot of impromptu artwork and experimental gameplay. Right now, only friends invited by our playtesters can access. Valve only offers an animated teaser image without any other information. (A still screenshot of it is shown above.) All that is specified in the system requirements is that the game needs an operating system and processor that are 64-bit. Although the game has supposedly been kept under wraps until now, information about it has been leaking for months. Data from closed playtests began to surface in May. Tens of thousands of individuals have joined the game by August as more players encouraged their friends to give it a try. The Verge published a hands-on preview...

 Important lessons learned The rising anticipation for Nvidia's earnings announcement on Wednesday may make it more difficult for the AI chipmaker to win over investors. In only the previous 48 hours, consensus projections for Nvidia's second-quarter revenue and earnings increased by hundreds of millions of dollars.  With Friday's gain of over 4%, Nvidia's stock has increased by over 160% from the year's beginning. The anticipation surrounding Nvidia's (NVDA) results report on Wednesday is growing, which may make it more difficult for the artificial intelligence (AI) darling to win over investors.  Visible Alpha believes that Nvidia's net income is expected to increase by $120 million to $14.95 billion, while consensus predictions for the company's second-quarter revenue increased by $170 million to $28.84 billion in just the last 48 hours.  Although some experts have long expressed concerns about investors' expectations surpassing Wall Street predic...

The Google Store hinted at a pre-order gift for Singapore, Japan, and Australia back in July. We now understand that it is a Pixel 9 Pro series "unique design sketch poster." The "initial concept sketches" with handwritten comments for the Pixel 9 Pro and 9 Pro Fold, created by the Google Industrial Design team, are displayed on this poster. "High-end features" including the "visor, camera bar, and softer, thinner profile" are highlighted.  As stated by Google, the Pixel 9 Pro collectible poster is "the closest way to actually being part of the brainstorming meetings" and "embodies the love and devotion that went into the modern new design."  In the upper-right corner, there is a matching badge that reads "Google Pixel 9 Pro phones." You may frame or mount it straight thanks to its "unique foldable design," which is printed on "high-quality, textured material made to last." It is "sent in a G...

Market watchers widely expect Federal Reserve Chair Jerome Powell to set the tone for a September interest-rate cut in his speech at the Kansas City Fed’s annual Jackson Hole Economic Symposium on Friday. However, if the speech goes in a different direction, it could threaten the stock market’s recent bounce. Powell is due to speak on the economic outlook at 10 a.m. Eastern time, following a precedent where Fed chairs almost always give a keynote speech during the high-profile annual gathering that regularly attracts top U.S. and global central bankers. The event runs from Aug. 22 to 24 in Grand Teton National Park in Wyoming. Although Fed chairmen do not usually intentionally set expectations about impending interest-rate decisions at Jackson Hole, Powell's remarks this year will be closely watched. Considering that traders revised their expectations for the Fed's rate path at a period of intense market volatility, this year's conference makes sense. Two days after the Fed...

  With the release of its next-generation 320W charging technology, Realme is poised to change the game in the industry. By achieving previously unheard-of advancements in power, safety, and efficiency, the 320W SuperSonic Charge elevates fast-charging to new levels and revolutionizes the industry's user experience.  In addition to the 320W SuperSonic Charge, realme has also revealed that the realme 13 Series 5G, a new member of their "Number Series," will soon be available. realme's new Number Series, which has a significant emphasis on "performance" and offers unrivaled speed, is poised to satisfy the changing demands of customers who want more from their smartphones in terms of responsiveness, gaming experiences, and multitasking. A 4-Minute Wonder: Transforms Charging Memories After the brand introduced the previously unparalleled 240W with the debut of the realme GT3 in February 2023, realme has achieved yet another exceptional milestone in the fast-cha...

 Hopes for an economic soft landing are once again driving U.S. equities higher, as promising data alleviates recession fears after a severe sell-off earlier this month. The S&P 500 (.SPX), opens new tab, has recovered more than 6% since August 5, when a precipitous decline sent the benchmark U.S. index on its worst three-day loss in more than two years. The Cboe Volatility Index (.VIX), widely known as Wall Street's "fear gauge," has dropped at an unprecedented rate from last week's four-year highs. The turnaround is being driven by this week's retail sales, inflation, and producer pricing figures, which have allayed concerns about an economic slowdown caused by weaker-than-expected job statistics at the start of the month. The positive data has boosted the case for investors eager to re-enter many of the successful trades this year, from buying Big Tech companies to a more recent bet on small and mid-cap names that surged in July. "There was a real grow...