Canada’s financial services supervisory regulator, the Office of the Superintendent of Financial Institutions (OSFI), is actively seeking input from federally regulated financial institutions (FRFIs) on their adoption of artificial intelligence (AI) and machine learning (ML) technologies. Additionally, OSFI is inquiring about the level of preparedness of these institutions for the emergence of quantum computing.… Read the rest
Mississippi Initiative Receives Grant to Close AI Inequities
A new initiative in Mississippi has been awarded a $250,000 grant with the aim of reducing inequities in artificial intelligence (AI). The Mississippi AI Collaborative believes that AI has the potential to be a “democratizing” force that could bridge economic and technology gaps in the state.… Read the rest
CFTC TAC Meeting to Explore Revolutionary Technological Advancements
In an upcoming meeting on January 8, 2024, the Commodity Futures Trading Commission’s Technology Advisory Committee (TAC) will delve into a range of cutting-edge topics. The committee plans to discuss the potential applications of Artificial Intelligence (AI), the integration of blockchain in the decentralized finance (DeFi) sector, and the constant need for robust cybersecurity measures.… Read the rest
The Hottest Topics Dominating the Crypto World in 2023
According to a recent update from CoinGecko, the crypto industry experienced a surge in investor interest in 2023, with several narratives emerging as the frontrunners. Artificial intelligence (AI), GameFi, and meme coins stole the spotlight, capturing a significant portion of the market.… Read the rest
Teachers Slowly Embrace the Potential of AI in the Classroom
A recent survey conducted by the EdWeek Research Center reveals that one-third of K-12 teachers have utilized artificial intelligence (AI)-driven tools in their classrooms. While many teachers are still unfamiliar with the technology, those who have embraced AI recognize its potential to transform the K-12 learning experience for both students and educators.… Read the rest
Investor Sentiment Shifts as Revenue Expectations for AI Firms are Downgraded
Analysts have recently downgraded the revenue expectations for top artificial intelligence (AI) firms, indicating a shift in investor sentiment. While the industry has been hailed as a game-changer with immense potential, it appears that revenue generation may take longer than previously anticipated.… Read the rest
Google Plans to Launch Bard Advanced as Part of Subscription Service
Google is reportedly gearing up to introduce a new chatbot subscription service called Bard Advanced, as it seeks to capitalize on the growing popularity of generative artificial intelligence (AI). The tech giant’s new service is said to offer a more advanced language model with enhanced math and reasoning capabilities.… Read the rest
Jeff Bezos Backs AI-Powered Search Engine Perplexity to Challenge Google
In a bold move to challenge the dominance of search engine giant Google, Jeff Bezos has recently invested an undisclosed amount in Perplexity, an innovative start-up that leverages artificial intelligence (AI) to revolutionize the way people search for information online. The total investment in Perplexity stands at an impressive $74 million, bringing the start-up’s valuation to a staggering $520 million.… Read the rest
Ted Cruz Co-Sponsors Legislation to Boost Semiconductor Manufacturing
The semiconductor industry is set to receive a major boost with the introduction of legislation co-sponsored by Senator Ted Cruz. The bill, which recently passed through the Senate unanimously, aims to expedite the construction of semiconductor manufacturing facilities in the United States.… Read the rest
Digital Assessment Poses Challenges for Fair Evaluation
Summary: The shift towards digital assessment methods presents a significant challenge in ensuring fair and accurate evaluations. With the integration of artificial intelligence (AI) in educational settings, there arises a concern regarding the authenticity of student thinking and the potential influence of AI in the assessment process.… Read the rest