Jefferies analysts have recently evaluated IBM’s position in the market and initiated shares at Hold with a $180 per share price target. Despite being encouraged by IBM’s software momentum, the analysts do not see a breakout play on the horizon. However, they highlight IBM’s strategic moves to reposition itself as a software-led story, including the acquisition of Red Hat, the spinoff of Kyndryl, and investments in AI and its software go-to-market strategy.… Read the rest
Animoca Brands: Pioneering the Future of Digital Ownership
Animoca Brands, a trailblazer in the realm of digital ownership, is commemorating a decade of groundbreaking innovation and boundary-pushing with its flagship project, “Mocaverse”. Over the past 10 years, Animoca Brands has not only advocated for true digital ownership from the very beginning but also demonstrated its expertise through strategic partnerships and excellent insights.… Read the rest
Baidu and Alibaba Exit Quantum Computing Field, Shifting Focus to AI R&D
Summary: Baidu, a leading Chinese e-commerce and services provider, has announced its exit from the quantum computing development arena. The company plans to donate its quantum computing laboratory and equipment to the government-backed Beijing Academy of Quantum Information Sciences (BAQIS). This move follows a similar decision by Alibaba in November.… Read the rest
Canada’s Financial Regulator Calls for Input on AI and Quantum Computing Adoption
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
A Controversial Trend: AI-Generated Music Covers
This emerging trend of AI-generated music covers has sparked concerns within the music industry. Artists are discovering that their music is being recreated without their consent and in some cases, even nominated for awards. The use of AI voice filters and manipulation techniques allows the creation of songs that mimic the voices of popular artists, but not everyone is a fan.… 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 Challenges of Watermarking AI-Generated Content
Watermarking has been proposed as a potential solution to distinguish AI-generated content from human-generated content. However, implementing effective watermarks that are resistant to removal and manipulation poses significant challenges.
One common type of watermark for digital images is the overlay of text by stock image sites.… 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
Home Minister Amit Shah Emphasizes the Importance of AI and Uniformity in Tackling Security Challenges
Home Minister Amit Shah has called for the integration of databases and the use of AI-driven analytical approaches to address emerging security challenges in India, as well as the need for uniformity in the structures, size, and skills of counter-terrorism mechanisms across the country.… Read the rest
Legislation Proposes Mandatory Reporting of AI Usage in Education
A new piece of legislation sponsored by Senator Reggie Thomas aims to address the growing use of artificial intelligence (AI) in education. The bill, which calls for AI reporting from Kindergarten through college, would require school districts to provide annual reports on their AI usage and establish a working group to monitor AI use in higher education.… Read the rest