Decoding AI: Unveiling the Future of Machine Intelligence
Generative Artificial Intelligence (AI) is poised to revolutionize the financial services sector, with its potential to contribute an additional $66 to $80 billion to the Gross Value Added (GVA) by 2030. This projection, according to a recent survey by EY, highlights the significant impact that Generative AI can have on the industry.… Read the rest
In a significant move that represents a major escalation in the ongoing tech cold war, the United States has imposed strict export restrictions on China, specifically targeting its rapidly growing semiconductor industry. This decisive action is aimed at curbing Beijing’s aggressive pursuit of advancements in artificial intelligence and semiconductor technologies.… Read the rest
In a surprising turn of events, the Civil Resolution Tribunal of British Columbia (CRT) has mandated Air Canada to honor a fictitious refund policy presented by its own AI chatbot. This decision, deemed by Christopher Rivers of the CRT as an extraordinary revelation, places responsibility squarely on the airline for the actions of its automated system.… Read the rest
In an escalating conflict between the United States and China, the U.S. has implemented strict export restrictions targeting China’s semiconductor industry. This move aims to impede China’s rapid advancements in AI and semiconductor technologies, casting a long shadow over the global semiconductor market.… Read the rest
COLORFUL, a well-known Chinese company that has previously focused on creating NVIDIA GeForce graphics cards, is venturing into new territory by teaming up with AMD for its latest gaming laptops. The company has announced the upcoming release of the “MEOW” series, set to be unveiled on February 23.… Read the rest
Computershare Limited (ASX:CPU) recently announced that its investors will receive a payment of $0.40 per share on March 20th. While the yield may appear relatively low at 3.0%, the company’s solid earnings coverage makes it an attractive investment opportunity.
The dividend paid by Computershare is easily covered by its earnings, indicating that a significant portion of profits is reinvested back into the business.… Read the rest
In a groundbreaking development, Reddit has reportedly entered into a lucrative partnership with an undisclosed AI giant, involving an annual payment of $60 million. While the exact nature of the deal remains shrouded in mystery, industry insiders speculate that the collaboration could potentially enable the AI company to utilize Reddit’s vast reservoir of content for training its AI models.… Read the rest
As we gear up for another election year, advancements in artificial intelligence (AI) have raised concerns about the impact of “deepfakes” on our political landscape. Representative Joe Miller (D-Amherst) introduced House Bill 410, aiming to regulate the circulation of deepfake media that could potentially influence election results.… Read the rest
In a groundbreaking move, South Carolina has embarked on a mission to revolutionize its technology landscape by investing $15 million in quantum computing integration at the University of South Carolina’s Darla Moore School of Business. This historical initiative, the largest of its kind in the state’s history, marks a visionary stride towards reshaping industries and preparing students for the challenges of tomorrow.… Read the rest
San Francisco is once again experiencing a tech revival as entrepreneurs and investors flock back to the city after a period of exodus during the pandemic, according to The Wall Street Journal. While some tech leaders had relocated to cities like Miami, they are now drawn back to San Francisco, enticed by the city’s booming artificial intelligence sector and abundance of tech talent.… Read the rest