efficiency
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Blog
Klarna has stopped hiring amid its relentless AI efficiency drive
Klarna has stopped hiring new staff members because of AI, claiming it’s now allowing natural employee attrition to bring the firm’s headcount down. CEO Sebastian Siemiatkowski revealed the strategy in a recent appearance on Bloomberg Television, saying Klarna’s headcount had fallen by 22% to 3,500 in the space of a year and that around 200 staff members are using AI…
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Google’s Gemini 2.0 Is All About Efficiency
Google officially announced Gemini 2.0 on Wednesday, the company’s latest upgrade to its flagship AI model. Specifically, Google is rolling out “Gemini 2.0 Flash experimental,” succeeding Gemini 1.5 Flash. Google’s Flash models are its “lightweight” models, designed for tasks that don’t require the most powerful AI models possible, and focus more on efficiency. Still, Google says Gemini 2.0 Flash not…
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Efficiency, productivity, and public sector technology
The UK has a productivity problem. In fact, labor productivity has been close to flat (0.4%) since the financial crisis of 2008. One of the first things the current government committed to, when it came into office, was to grow the UK’s economy, and that means tackling productivity. Ministers have also committed to addressing the productivity gap in the public…
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11 Android Quick Settings additions that’ll supercharge your efficiency – Computerworld
Say you’re out on a Very Important Business Lunch, and some song starts playing in the restaurant that you know you recognize but can’t quite identify. (Hint: It’s almost certainly by The Scorpions.) Maddening, right? Enough to keep you distracted and unable to properly focus on the meeting and/or meating at hand? Get Google’s recently rolled out Song Search tile…
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US facility outperforms Taiwan in chip production efficiency – Computerworld
To date, the CHIPS Act has allocated more than $32 billion in proposed funding across 18 companies, 16 states, and 26 projects. However, no CHIPS funding has yet been disbursed to any companies, according to the US Department of Commerce. TSMC is the main supplier of chips for both Nvidia and Apple. The CHIPS Act allocated $6.6 billion in grants and $5…
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AMD eyes networking efficiency gains in bid to streamline AI data center operations
AMD has announced a sweeping expansion of its high-performance networking portfolio in a bid to supercharge data center efficiency in the age of AI. Officially unveiled at its Advancing AI conference in San Francisco this week, the chip maker hailed the launch of its new Pensando Salina data processing unit (DPU), which is aimed specifically at streamlining AI cluster performance.…
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Driving efficiency in distribution and logistics through the power of AI
In today’s highly competitive global marketplace, making sure your distribution and logistics capabilities are effective and efficient is not just a desired business goal – it’s a necessity. Put simply, any company unable to make sure its supply chains are ready for the modern age will undoubtedly suffer from slower response times and higher operational costs, meaning it could end…
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New brain-on-a-chip platform to deliver 460x efficiency boost for AI tasks
Goswami explained how this innovation fundamentally changes how AI algorithms are executed. “In all training processes, the core mathematical operation is vector-matrix multiplication,” Goswami said. “On a digital platform, multiplying a vector of size n by an n x n matrix takes n² steps. In contrast, our accelerator executes this in a single step. This reduction in computational steps directly…
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