Summary: Taiwan Semiconductor Manufacturing (TSMC) is an undervalued stock in the artificial intelligence (AI) industry, presenting a valuable opportunity for investors. Despite the overall lack of affordable AI stocks, TSMC stands out with its attractive valuation. As a trusted partner to tech giants like Apple and Nvidia, TSMC has established itself as a go-to contract chipmaker.… Read the rest
New Technologies and the Future of Work
In recent discussions, prominent business leaders like Bill Gates and Jamie Dimon have expressed optimism about the potential of artificial intelligence (AI) to reduce the workweek to just three or three and a half days. While some experts believe that advancements in technology will lead to shorter work hours, others remain skeptical.… Read the rest
Generative AI Faces Legal Battles Over Data Scraping
A groundbreaking lawsuit has sent shockwaves through the world of Artificial Intelligence (AI), raising important questions about the ethics of data scraping and its impact on creative industries. Several well-known authors and publishers have filed a class-action lawsuit against OpenAI and Microsoft, accusing them of illegally using copyrighted works to train their generative AI models.… Read the rest
Europe’s Clean Energy Powered Machine Learning and AI Capacity
Sustainability Magazine Explores Europe’s Clean Energy Powered Machine Learning and AI Capacity. With a focus on sustainability and innovation, Northern Data Group has become Europe’s largest provider of clean-energy-powered machine learning (ML) and artificial intelligence (AI) capacity. Recognizing the need for high-performance compute technology, the company foresees the demand for increased computing capacity to support Generative AI development and other technical advancements.… Read the rest
Duolingo Turns to AI for Language Translation, Resulting in Layoffs
A Reddit user has recently revealed that language-learning app Duolingo has made significant changes to its operations, leading to the layoff of a large number of contract translators. According to the user, known as No_Comb_4582, the decision was made to replace human translators with artificial intelligence (AI), in an effort to improve efficiency and reduce costs.… Read the rest
Microsoft Launches AI Odyssey to Empower Developers in India
Microsoft is pioneering an exciting new initiative called AI Odyssey, aimed at equipping 100,000 developers in India with the necessary skills and knowledge in artificial intelligence (AI). The program, which spans a month, is open to all AI enthusiasts, regardless of their background or expertise in the industry.… Read the rest
Deloitte Introduces AI-Powered Chatbot for Enhanced Employee Communication
Summary:
Deloitte, one of the Big Four accounting firms, has recently unveiled its latest innovation – the PairD chatbot. This artificial intelligence (AI) powered chatbot has been deployed across Deloitte’s workforce in Europe and the Middle East, totaling around 75,000 employees.… Read the rest
Semiconductor Stocks: A Challenging Year Ahead
Semiconductors have long been crucial components in our favorite devices, powering everything from smartphones to cars. However, the once hot sector has started to cool down, and the outlook for semiconductor stocks in 2024 looks uncertain.
In 2023, semiconductor stocks experienced a lackluster performance.… Read the rest
Concerns Raised Over Privacy and Security Risks of AI Systems
A new report from the U.S. National Institute of Standards and Technology (NIST) highlights the growing privacy and security challenges posed by the increasing deployment of artificial intelligence (AI) systems. While AI technologies have been integrated into online services at a rapid pace, there are significant threats that these systems face throughout different stages of their operations.… Read the rest
Tamil Nadu Aims to Establish Quantum Computing Centre, Seeks Support from Government
The Tamil Nadu government is actively pursuing the establishment of a Quantum Computing Centre in the state, with the hopes of it being sponsored by the Government of India. This was announced by Palanivel Thiaga Rajan, Minister for Information Technology and Digital Services, during the Global Investors Meet 2024 in Chennai.… Read the rest