Former Meta executive Jason Taylor is joining Microsoft’s AI supercomputing team. In a LinkedIn post on Monday, Microsoft CTO Kevin Scott says Taylor will take on the role of corporate vice president and deputy CTO to help “build the next set of systems that will push the frontier of AI forward.”
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Business
Rupee sheds 04 paisa against dollar
The Forex Association of Pakistan (FAP) says the buying and selling rates of the dollar in the open market stood at Rs 277.5 and Rs 280.25 respectively.
Karachi: Pakistani Rupee on Tuesday depreciated by 04 paisa against the US dollar in the interbank trading and closed at Rs 278.37 against the previous day’s closing of Rs 278.33.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.5 and Rs 280.25 respectively.
The price of the Euro increased by 53 paisa to close at Rs 297.16 against the last-day closing of Rs 296.63, according to the State Bank of Pakistan (SBP).
The Japanese Yen remained unchanged to close at Rs 1.79, whereas a decrease of 28 paisa was witnessed in the exchange rate of the British Pound, which was traded at Rs343.98 compared to the last closing of Rs 344.26.
The Emirates Dirham and the Saudi Riyal increased by 01 paisa each to close at Rs 75.79 and Rs 74.21.
Sports
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Technology
Microsoft hires former Meta exec to bolster AI supercomputing team
Microsoft has hired Jason Taylor, the former vice president of infrastructure at Meta, to join the company’s AI supercomputing team.
Taylor worked at Meta from 2009 to 2022, where he most recently served as the company’s vice president of infrastructure. He handled AI, data, and privacy infrastructure, as well as managing the company’s server budgets, according to his LinkedIn profile. Taylor was also the chair of the Open Compute Project Foundation from 2015 to 2017, an organization that promotes open-source designs in data centers.
Microsoft and OpenAI need more robust hardware to keep up with rapidly advancing AI systems. Last month, a report from The Information suggested Microsoft and OpenAI wanted to build a $100 billion supercomputer, dubbed “Stargate,” to power OpenAI’s models. (However, Microsoft’s Scott seems to push back on these rumors in his post on LinkedIn today, saying that most of the recent speculation is “amusingly wrong.”)
In March, Microsoft announced that it hired Google DeepMind co-founder Mustafa Suleyman as the CEO of a new consumer AI division that oversees Copilot, Bing, and Edge.
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