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Jeff Bezos, Mark Zuckerberg and other tech billionaires increased net worth by over 750 BILLION in 2023 according to newly-released Forbes list

Daily Mail - Science & tech

The world's richest tech billionaires increased their fortunes by 750 billion last year - with Amazon founder Jeff Bezos and Facebook tsar Mark Zuckerberg topping the list. Forbes has released its annual roster of the world's wealthiest technology tycoons - and the profit increases they saw in 2023 are eye-watering. Bezos, 60, added 80 billion to his net worth, while Zuckerberg, 39, enjoyed a whopping 113 billion increase to his net value. Of the planet's 342 billionaires who made their fortune in the tech industry - earning a combined income of 2.6 trillion last year - Bezos tops the list. Bezos' net worth surged 80 billion to 194 billion in 2023, according to Forbes.


Bill Gates leaves Microsoft board to focus on philanthropy

The Japan Times

SAN FRANCISCO/NEW YORK – Bill Gates is stepping down from the board of Microsoft Corp., the company he co-founded in 1975 and built into the world's largest software maker, to devote more time to philanthropy. Gates, 64, has been scaling back his involvement in the company for more than a decade. Most recently he had been serving as an adviser to current Chief Executive Officer Satya Nadella on technology areas including productivity, health software and artificial intelligence, and he will continue to do so."Microsoft "I feel more optimistic than ever about the progress the company is making and how it can continue to benefit the world." Gates hasn't been active in a day-to-day role since 2008, Microsoft said in a statement.


Markazi: What I learned from playing video games with Bryce Harper

Los Angeles Times

I don't know Bryce Harper well. That said, I have played video games with him, most recently "MLB The Show 19," which he was on the cover of, and you get to know someone in between playful trash talking while playing video games. It's the modern-day version of getting to know someone over a round of golf, with controllers and headphones replacing clubs and tees. We met up in Las Vegas to play last October, shortly before he became a free agent. "I just want to win," Harper told me. "I want to go somewhere and do the things I can to help an organization win at the highest level.


How AI Helped Microsoft Take Back Its Position As the World's Most Valuable Company

#artificialintelligence

On March 23rd 2016, Microsoft released a new artificial intelligence Twitter bot named Tay. "Hellooooooo world!!!" read its cutesy first message. Within hours, however, human users had persuaded Tay to replace its light hearted banter with anti-semitic, sexist, and racist Tweets. The media got hold of the story and pilloried Microsoft and its new CEO, Satya Nadella. While it probably didn't feel like it at the time, Tay represented the start of a significant turnaround in Microsoft's fortunes that would eventually lead the tech giant to reclaim its position as the most valuable company in the world.


Bing: Microsoft's foundation to its AI services

#artificialintelligence

Microsoft's Bing search engine has long been a punch line in the tech industry, an also-ran that never came close to challenging Google's dominant position. But Microsoft could still have the last laugh, since its service has helped lay the groundwork for its burgeoning artificial intelligence effort, which is helping keep the company competitive as it builds out its post-PC future. Bing probably never stood a chance at surpassing Google, but its 2nd-place spot is worth far more than the advertising dollars it pulls in with every click. Billions of searches over time have given Microsoft a massive repository of everyday questions people ask about their health, the weather, store hours or directions. "The way machines learn is by looking for patterns in data," said former Microsoft CEO Steve Ballmer, when asked earlier this year about the relationship between Microsoft's AI efforts and Bing, which he helped launch nearly a decade ago.


Being Bing: Microsoft's overlooked AI tool

#artificialintelligence

Microsoft's Bing search engine has long been a punch line in the tech industry, an also-ran that never came close to challenging Google's dominant position. But Microsoft could still have the last laugh since its service has helped lay the groundwork for its burgeoning artificial intelligence effort, which is helping keep the company competitive as it builds out its post-PC future. Bing probably never stood a chance at surpassing Google, but its 2nd-place spot is worth far more than the advertising dollars it pulls in with every click. Billions of searches over time have given Microsoft a massive repository of everyday questions people ask about their health, the weather, store hours or directions. "The way machines learn is by looking for patterns in data," said former Microsoft CEO Steve Ballmer, when asked earlier this year about the relationship between Microsoft's AI efforts and Bing, which he helped launch nearly a decade ago.


A Rare Joint Interview with Microsoft CEO Satya Nadella and Bill Gates

WSJ.com: WSJD - Technology

In February 2014, Satya Nadella became the third CEO of Microsoft . Nadella, more soft-spoken than his predecessors, Bill Gates and Steve Ballmer, assumed the company's helm amid one of its stormiest chapters. Ballmer, toward the end of his 14-year tenure, had purchased Nokia's mobile phone business at great cost ($7.2 billion) but failed to make a dent in the market dominance of Apple and Samsung . Nadella quickly nixed those ambitions and instead ramped up investment in artificial intelligence and commercial cloud computing. The result has been a remarkable turnaround, featuring major growth in cloud services revenue, a doubling of year-on-year profits and an all-time stock price high. In his new book, Hit Refresh: The Quest to Rediscover Microsoft's Soul and Imagine a Better Future for Everyone (released September 26), Nadella, 50, explains this corporate transformation, lays out his hopeful vision for technological progress and recounts his own rich personal history.


Satya Nadella aims to make Microsoft mighty - and mindful

USATODAY - Tech Top Stories

Satya Nadella, the Microsoft CEO who kept the company relevant as its primary PC software business faded, could write a book about the challenges he faced. And he has ... but it's not a tell-all memoir. Instead, Nadella, who has worked at the company since the early 1990s, has positioned himself as the embodiment of the story Microsoft wants to tell about its transformation into a forward-thinking outfit focused on artificial intelligence, cloud software, virtual worlds and quantum computing. "Microsoft is known for rallying the troops with competitive fire," Nadella writes in "Hit Refresh," his new autobiography. "The press loves that, but it's not me."


Steve Ballmer Provides Glimpse Of Los Angeles Clippers' New Personalized Viewing Experience

#artificialintelligence

The Los Angeles Clippers and Second Spectrum have partnered to bring a fan engagement tool that helps those watching at home to have the option to see the game like never before. During live action, stats and fantasy points appear above each player as the basket is scored off an alley-oop. There are animation options that enable users to make a custom highlight of Blake Griffin dunking a cloud as lightning strikes. A screen can be automatically identified. Recommended and trending highlights are available on-demand.


Microsoft Has a Whole New Kind of Computer Chip--and It'll Change Everything

#artificialintelligence

It was December 2012, and Doug Burger was standing in front of Steve Ballmer, trying to predict the future. Ballmer, the big, bald, boisterous CEO of Microsoft, sat in the lecture room on the ground floor of Building 99, home base for the company's blue-sky R&D lab just outside Seattle. The tables curved around the outside of the room in a U-shape, and Ballmer was surrounded by his top lieutenants, his laptop open. Burger, a computer chip researcher who had joined the company four years earlier, was pitching a new idea to the execs. He called it Project Catapult. The tech world, Burger explained, was moving into a new orbit.