Decoding AI: Unveiling the Future of Machine Intelligence
First Quantum Minerals Ltd. is currently exploring various options to mitigate the financial impact caused by the closure of its Cobre Panama copper mine. The Vancouver-based copper miner has expressed its intention to consider the sale of some of its smaller operations, as well as the potential sale of stakes in its larger mines.… Read the rest
Tokyo-based artificial intelligence (AI) startup, Sakana AI, has recently secured $30 million in a seed financing round. Led by Lux Capital and with participation from Khosla Ventures, the funding aims to establish Tokyo as a significant AI hub. The company, founded by two prominent former Google researchers, David Ha and Llion Jones, aims to revolutionize current AI systems by developing a large network of smaller models that communicate and work collaboratively.… Read the rest
The Australian government is taking steps to address the challenges posed by the rapid evolution of artificial intelligence (AI) products. The industry and science minister, Ed Husic, has unveiled the government’s response to a consultation process on Safe and responsible AI, acknowledging the need for new regulations for “high risk” AI applications.… Read the rest
Tether, the issuer of the USDT stablecoin, has expressed its disappointment in the United Nations’ recent assessment, which singled out USDT for its alleged involvement in illicit activities. However, Tether firmly believes that the assessment fails to acknowledge its significant role in helping develop economies in emerging markets, which the global financial world often neglects due to low profitability.… Read the rest
Summary: Researchers at RUDN University, in collaboration with scientists from China and Saudi Arabia, have successfully developed a machine learning model that significantly improves the accuracy of breast cancer diagnosis through histological images. By incorporating additional attention modules into convolutional neural networks, the model achieved an accuracy rate of nearly 100%.… Read the rest
Australia’s technology sector expresses support for the country’s unique approach to regulating artificial intelligence (AI), which focuses on a risk-based and proportionate approach rather than a one-size-fits-all solution. The Australian government has chosen not to follow in the footsteps of the European Union, which has developed a stand-alone AI act.… Read the rest
Australia’s approach to regulating artificial intelligence (AI) has been criticized for its lack of ambition and limited oversight. While the country falls in line with its AUKUS partners, embracing a light-touch AI oversight regime, it has neglected to introduce mandatory testing, transparency, and accountability rules for this revolutionary technology.… Read the rest
Kakao-backed Klaytn and LINE-developed Finschia have announced their plans to merge, with the aim of building Asia’s largest Web3 ecosystem. The proposed integration involves combining the Klaytn Foundation and Finschia Foundation into a single organization responsible for the development and governance of a blockchain network supporting Ethereum Virtual Machine (EVM) and CosmWasm frameworks.… Read the rest
A recent report from Gartner has revealed that the global semiconductor revenue experienced a significant decrease in 2023. The total revenue amounted to $533 billion, marking an 11% decline compared to the previous year.
The report highlighted that only nine out of the top 25 semiconductor vendors achieved revenue growth in 2023, with the remaining 10 experiencing double-digit declines.… Read the rest
IMF Chief Kristalina Georgieva has warned that the increased use of artificial intelligence (AI) could have far-reaching consequences for global employment, potentially exacerbating inequality. She called on governments to take proactive measures to counter the impact of AI by establishing social safety nets and offering retraining programs.… Read the rest