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Walmart to launch immersive metaverse experiences with Roblox

Walmart to launch immersive metaverse experiences with Roblox

The retail giant Walmart has announced the launch of two immersive online experiences with Roblox, a metaverse mega-platform popular among young kids. Walmart said it would target the next generation of customers after Covid-19 altered the shopping habits of consumers and caused an increase in e-commerce sales.

‘Walmart Land’ will consist of a Netflix trivia experience with “Stranger Things” star Noah Schnapp, a music festival with famous artists, and a virtual dressing room. It will also sell “verch” for avatars similar to real-life merchandise in Walmart stores.

Walmart’s Universe of Play, the second experience, will include immersive games featuring characters from Walmart’s most popular toy products during the holiday season, from Paw Patrol to L.O.L Surprise!

Read More: Qualcomm Partners With Telefonica To Produce Metaverse-Related Initiatives

In particular, Walmart wants to draw the attention of Gen Z to virtual reality. Walmart Land’s Electric Fest will feature Kane Brown and Madison Beer performances. Its virtual dressing room will offer products such as afp4, Halsey’s makeup brand, and YouTubers Brooklyn and Bailey’s skincare line with Walmart.

A gaming platform founded in 2004, Roblox is a leader in the metaverse, although tech giants Microsoft, Epic Games, and Facebook have released big plans to join the race. Roblox began trading during last March, immediately valuing the company at $45 billion when it debuted on Wall Street.

Roblox shares have plunged almost 64% year-to-date despite the hype around the metaverse. However, its stock is up more than 2% in trading today.

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Thailand to Establish AI Center

thailand establish ai center

A new public-private collaboration between the Thailand government and educational institutions led Thailand to establish an AI center. The Thammasat University Artificial Intelligence Centre is honored to be a significant digital fund-supported initiative. 

The center’s primary focus will be research and development, including establishing an ecosystem to improve the country’s economic value by up to 26% and increase the product’s market value globally.

With the help of new AI operations and cutting-edge technologies, this center innovates, and enterprises will get more insight and make better decisions. Hardware and software will evolve as more big data firms enter the market after Thailand revolutionizes with AI.

Chaiwut Thanakmanusorn, Minister of Digital Economy and Society (DES), said that the center aims to build an AI-driven learning resource for the general public. It will make the public aware of the benefits of AI technology, community ecosystem building, and using AI as a commercial tool. 

Read More: SEC fined Oracle $23m for Bribing Officials

The initiative also involves consulting with other industry experts and AI research to aid with business and social challenges in AI applications. The Ministry of DES will encourage businesses to utilize AI since, in their view, new inventions and technological advancements have profoundly altered the world.

Along with the Thammasat AI Center, three more AI-based projects are scheduled. One of the projects involves an integrated medical innovation center, and another is a learning center for entrepreneurship and a metaverse project to build a campus offering AI courses.

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Google translate to venture into Sanskrit with AI

google translate venture sanskrit with ai

Google’s new agreement with ICCR resulted in Google translate to venture into Sanskrit with AI. Under the agreement, Google translate, a free service that provides rapid translations between English and more than 100 additional languages for words, phrases, and web pages, will have over a million sentences in Sanskrit and their corresponding translation into English. 

The sentences will take from classic literature and terminology and literary works. Although the initiative has just started, about 1 lakh phrases in Sanskrit and English translations are already accessible. 

Google will use AI, artificial intelligence, and machine translation for the project. Additionally, the speech-to-text feature is being explored, where efforts are being made to improve accent recognition.

Read More: OpenAI’s DALL-E is Now Available to Everyone

When Google decided to include Sanskrit in the translation tool a few months ago,

Isaac Caswell, the senior software engineer at Google Research, said, “Sanskrit is the number one, most requested language at Google Translate, and we are finally adding it.”

In addition to Sanskrit, many other languages were also scheduled. Assamese, Bhojpuri, Dogri, Konkani, Maithili, Mizo, and Meiteilon (Manipuri) will also be supported by the most recent version of Google Translate, bringing the overall number of languages supported by the system to 19. Caswell said, “We are working on them, but they are not yet supported for all these languages.”

India is eager to share Sanskrit with the globe. The process has already started; for instance, the Hanuman Chalisa is available in Bulgarian.

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SEC fined Oracle $23m for Bribing Officials

sec fined oracle for bribing

SEC fined the IT giant Oracle $23m for bribing officials. The US Securities and Exchange Commission (SEC) levied the fine on September 27 for breaking the Foreign Corrupt Practices Act (FCPA) by setting up officials in India, Turkey, and the UAE.

This is not the first time that the firm has faced such charges of getting involved in corrupt practices. Oracle received a fine from the SEC in 2012 for engaging in improper behavior in India in connection with contracts it had with the Ministry of Information Technology between 2006 and 2008.

The SEC said the firm had reached a settlement in 2012 after Oracle India established side funds worth millions of dollars.

Read More: OpenAI’s DALL-E is Now Available to Everyone

According to the 10-page SEC decision, Oracle India set up a slush fund of  ₹2.8 cr to bribe an Indian Railway-owned transportation company in 2019. The SEC detailed the company’s operations and said that during a 2019 transaction with a transportation firm operated by the Ministry of Railways, Oracle workers used “an unreasonable discount plan.”

Micheal Egbert retaliated against the order and said, “The conduct outlined by the SEC is contrary to our core values and clear policies, and if we identify such behavior, we will take appropriate action.”

The firm will pay more than $23 million to resolve the allegations, although it made no affirmations or denials addressing the SEC’s conclusions.

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Tesla adds Airbnb co-founder to its board of directors

Tesla adds Airbnb co-founder to its board of directors

According to a regulatory filing out Wednesday, Tesla has added Airbnb co-founder, designer, and billionaire Joe Gebbia as an independent member of its board of directors.

Gebbia’s addition to the board of Tesla follows the departure of Oracle chair and chief technology officer Larry Ellison, which was announced in June and finalized after a shareholders’ proxy vote in August.

Tesla added Ellison and former Walgreens Boots Alliance exec Kathleen Wilson-Thompson to the board in December 2018 to comply with the terms of a settlement agreement with the Securities and Exchange Commission. The SEC had charged Tesla and Musk with civil securities fraud after the CEO tweeted that he was considering taking Tesla private for $420 per share and had funding secured to do so.

Read More: Meta Freezes Hiring And Restructuring Amid Uncertain Macroeconomic Situations

Adding Gebbia to the Tesla board may help Tesla avoid further conflict with the SEC, which has initiated multiple probes to determine that Musk and Tesla remain in compliance with their agreement. A designer by training, Gebbia had been with Airbnb since its earliest days in 2007. In July this year, he stepped down from his active role at the short-term rentals juggernaut.

However, Gebbia remains on the Airbnb board and serves as chair of Airbnb.org, the company’s affiliated nonprofit that provides housing to people displaced in times of crisis, including those impacted by natural disasters and global conflicts.

Tesla noted in a company blog post and filings with the SEC that Gebbia has waived entitlement to cash compensation until further notice and waived equity compensation until July 2023, until the board decides on what appropriate equity compensation will look like for each member moving forward.

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Meta freezes hiring and restructuring amid uncertain macroeconomic situations

Meta freezes hiring and restructuring

Facebook-parent Meta Platforms will freeze hiring and restructure amid an uncertain macroeconomic situation, said Chief Executive Mark Zuckerberg while communicating with employees. Several tech companies have recently been forced to slash headcount as advertisers trim spending to prepare for a looming recession.

During a weekly Q&A session, Zuckerberg said, “I had hoped the economy would have more clearly stabilized by now, but from what we are seeing, it does not yet seem like it has, so we want to plan somewhat conservatively.”

Meta had cut plans to hire engineers by at least 30% this year. The report added that Zuckerberg also said that Meta would reduce budgets across most teams and that individual teams will have to resolve in what ways to handle headcount changes.

Read More: Meta Stocks Hit Lowest Level Since March; Other Social-Media Companies Fall Sharply Too

The company referred to Zuckerberg’s warning of a reduction in headcount over the next year in the second-quarter earnings call. The company had indicated hiring freezes in broad terms in May, but exact figures have not previously been reported.

Zuckerberg had warned in July that Meta would steadily reduce headcount growth and that many teams would shrink so that they could shift energy to other areas. Priority areas include Meta’s TikTok competitor, Reels and Zuckerberg’s metaverse. Meta had over 83,500 employees as of June 30 and added 5,700 new hires in the second quarter.

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OpenAI’s DALL-E is Now Available to Everyone

openai dall-e available to everyone

OpenAI’s DALL-E is now available to everyone. The company has removed the waitlist to allow open access to its text-to-image generator DALL-E 2. The company unveiled DALL-E, a multimodal generative neural model, in 2021. The researchers showed that language could instruct a sizable neural network to produce high-quality images and execute various other text production tasks.

OpenAI has been hesitant about making DALL-E available to the general public. Text-to-image systems’ ability to create photorealistic and nonconsensual photographs could be potentially harmful. Such images, if generated, may serve as a means of harassment, propaganda, false information, and other similar consequences. 

Read More: Intel announces video game graphics chip to compete with NVIDIA and AMD

Additionally, Bias problems also exist. Text-to-image algorithms repeat uneven features of society since they are trained on massive databases of photos taken from the internet. To counteract these consequences, OpenAI has taken various steps, such as removing sexual and violent imagery from its training data and refusing to produce images from equally graphic cues.

OpenAI said, “In the past months, we have made our filters more robust at rejecting attempts to generate sexual, violent, and other content that violates our content policy, and building new detection and response techniques to stop misuse.”

Anyone who registers for DALL-E access will receive 50 credits for free, followed by 15 further credits each month. A single image, a modification of an image, or “inpainting” and “outpainting” can all be created using a single credit.

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Robot sets Guinness Book of World Records for fastest 100m sprint

Oregon state university Cassie Guinness World Record 100-meter sprint
Cassie the robot en route to a Guinness World Record Image Credit: Oregon State University

By sprinting 100 meters in 24.73 seconds, the bipedal robot Cassie broke the Guinness Book of World Records. Cassie, the first bipedal robot with ostrich-like knees, is the first to employ machine learning to regulate a running stride on outdoor terrain. Cassie joins a group of running bipedal robots that includes Boston Dynamics‘ Atlas humanoid robot and Mabel, described as the world’s fastest knee-equipped bipedal robot.

Image Credit: Oregon State University

Cassie was created by Agility Robotics, an Oregon State University spin-off firm, and debuted in 2017 as a platform for robotics research development. And Cassie has continued to advance substantially since then, accomplishing a 5-km jog in just over 53 minutes in 2021 (in a single charge) to show off some amazing development. Although it could have completed the task more quickly, roughly six and a half minutes were lost in troubleshooting due to overheating and losing one of its legs during a turn.

While it cannot keep up with the lightning speed of the finest athletes in the world, it is an excellent example of robotics and engineering despite the fact that it operates without cameras or external sensors.

Read More: Google unveiled an AI system that can bring us Robot Butlers

The shattering of the world record took place on May 11, 2022, but Oregon State University recently released the footage and update. Cassie raced the historic 100-meter sprint at Oregon State University’s Whyte Track and Field Center. The robot started from a standing posture and finished the sprint in the same position without tripping – something which was necessary to achieve the World Record. In order to do this, Cassie had to use two neural networks—one for moving swiftly and another for staying still—and transition between them effortlessly.

Cassie was created by Oregon State robotics professor Jonathan Hurst with the help of a 16-month, $1 million grant from the Defense Advanced Research Projects Agency, or DARPA. Since Cassie’s debut in 2017, students at Oregon State have been investigating machine learning alternatives in the Dynamic Robotics and AI Lab with assistance from artificial intelligence professor Alan Fern. They were funded by the National Science Foundation and the DARPA Machine Common Sense initiative.

Image Credit: Oregon State University

According to Fern, the Dynamic Robotics and AI Lab combine physics with AI techniques that are more frequently utilized with data and simulation to produce innovative findings in robot control. A variety of academic disciplines, such as mechanical engineering, robotics, and computer science, are represented among students and researchers.

As per to Oregon State University blog, Cassie trained for a year in a simulation environment with a full week of parallelization, a computing approach that involves numerous processes and calculations at once and enables Cassie to undergo a variety of training scenarios concurrently.

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Chipotle trials robotic tortilla chip maker Chippy in California restaurant

Chipotle tests tortilla chip-making robot Chippy
Photo by Michael M. Santiago/Getty Images

In April, we shared the news of Chipotle testing a robot named Chippy that makes tortilla chips, at Chipotle’s Cultivate Center, an innovation hub in Irvine, California. Now, Chipotle Mexican Grill has announced it will test Chippy next month in a restaurant in Fountain Valley, California.

Companies and restaurants are testing robotics and automation to speed up operations and free up staff from mundane jobs. Currently, Chipotle employees need to cook and season the chips, which takes time.

Chipotle is using its “stage-gate approach,” as it does with the rest of its new technology and menu items, to test and learn from staff and consumers before deciding how to roll out the technology nationwide. The restaurant chain revealed on Tuesday that the robot would make its debut at a location in Fountain Valley, Orange County.

Image Source: Miso Robotics

Chippy can prepare a serving of tortilla chips in 50 seconds; it may take a human two minutes to do the work. A team member puts chips into a hopper, and an automated arm dispenses 8 or 9 ounces of them into a frying basket. After cooking them, Chippy transfers them to a bowl, adds salt and freshly squeezed lime juice, and then pours the mixture into a pan for bagging.

Chipotle is not the first food chain to venture into robotics and automation to address manual labor woes. Starbucks has incorporated new technologies for more quickly brewing drip coffee, serving food, and creating cold coffee beverages. In other locations, Panera Bread, McDonald’s, White Castle, and Buffalo Wild Wings are all experimenting with automated drive-thru ordering to shorten wait times.

Besides Chippy, Chipotle is testing a cook-to-needs kitchen management system in some of its establishments in Southern California. This system offers demand-based cooking and ingredient preparation estimates to maximize throughput and freshness while reducing food waste. By leveraging machine learning, the system automatically populates real-time production planning for each restaurant while monitoring ingredient levels in real-time and notifying the crew of how much prep work has to be done before cooking can begin.

Read More: Uber Eats and Nuro Team Up for robot food delivery in California and Texas

Chipotle’s new PRECITASTE-powered kitchen management system is being trialed at eight locations in Orange County, California. According to Chipotle, preliminary findings show that the pilot is successfully optimizing kitchen operations for staff members while assuring a steady supply of fresh ingredients for customers.

Chippy was created by Miso Robotics, a California-based firm that previously created Flippy, a kitchen bot that could prepare 300 burgers each day before expanding to prepare fries with a later iteration, Flippy Lite. Compared to human workers, Flippy and Chippy never need to take breaks or complain about their working circumstances. Other products offered by Miso Robotics are Sippy, an automated beverage dispenser, and CookRight, a coffee monitoring system that Panera Bread is testing.

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Intel announces video game graphics chip to compete with NVIDIA and AMD

Intel announces video game graphics chip

Intel has announced its plans to start selling graphics chips for video gamers next month. It aims to get a piece of a lucrative market dominated by competitors Nvidia and Advanced Micro Devices (AMD).

Intel dominates in semiconductors at the computational heart of personal computers, but it has long ceded the market for video gaming graphics chips to Nvidia and AMD. On Tuesday, Intel Chief Executive Pat Gelsinger signaled the company would re-enter that field, releasing a graphics card for gamers that is slated to be available on October 12.

Intel’s new cards aim to be price-competitive and are not expected to challenge high-end cards on performance. Intel’s pitch would be to gamers tired of paying sky-high prices for the fastest, most advanced graphics chips. 

Read More:  Qualcomm Partners With Telefonica To Produce Metaverse-Related Initiatives 

Intel’s cards will start at $329. Nvidia last week unveiled a new generation of graphics processors priced at up to $1,599. However, Intel’s are not expected to challenge those high-end cards on performance, instead aiming to be price-competitive with older-generation chips.

The graphics-chip market has grown rapidly in recent years due to a surge in video gaming during the pandemic and because those chips have demonstrated to be adept at artificial intelligence calculations that are gaining more widespread adoption.

Nvidia’s sales of video gaming chips were around $2 billion in its latest quarter, while AMD made $1.7 billion in its video gaming segment. The market has cooled amid economic headwinds and shakiness in consumer spending in recent months.

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