In a major move, Tesla has issued a recall for every car it has ever sold in China due to safety issues with its Autopilot driver assistance system. This recall affects over 1.6 million vehicles produced between August 2014 and December 2023, including locally built Model 3s and Model Ys, as well as imported Model S sedans and Model X SUVs.… Read the rest
Study Finds Link Between Sleep Deprivation and Increased Risk of Accidents
A recent study conducted by researchers at a prominent university has revealed a concerning link between sleep deprivation and an elevated risk of accidents. The study, which involved analyzing data from over 10,000 individuals, sheds light on the potential dangers of sleep deficiency that extend beyond impaired cognitive function.… Read the rest
Morgan Stanley Predicts AI Adopters to Take Center Stage in 2024
Summary: Morgan Stanley suggests that investors shift their focus to the adopters of artificial intelligence (AI) in 2024. While companies enabling AI dominated the market in 2023, the investment bank anticipates that adopters will play a critical role in the success of AI enablers this year.… Read the rest
Palantir Technologies Downgraded as Analyst Questions AI Hype
Summary
In a recent development, Jefferies analyst Brent Thill downgraded Palantir Technologies (PLTR) stock to underperform, stating that the company is “overhyped on AI.” This downgrade comes as Palantir stock fell 1.8% to 15.95 in morning trades. Despite an impressive 167% growth in 2023, PLTR stock has been down 5% in 2024.… Read the rest
IBM Launches AI Fundamentals Credential Program
IBM, a renowned leader in AI technology, has introduced a new program called AI Fundamentals, aimed at providing professionals with a comprehensive understanding of artificial intelligence. This credential program, available on IBM’s SkillsBuild learning portal, consists of six courses that can be completed in about ten hours.… Read the rest
EU’s AI Law Faces Opposition from Germany, Italy, and France
After nearly three years of contentious debate, the EU’s AI law is entering a crucial stage, with the potential for significant opposition from three of the bloc’s largest countries. German Federal Digital Minister Volker Wissing has expressed strong reservations about the provisional agreement, stating that higher security standards for larger AI models could create insurmountable barriers for smaller models.… Read the rest
Disney and Apple Face Shareholder Demands for Transparency on Artificial Intelligence Use
Summary: The Securities and Exchange Commission (SEC) has ruled that both Disney and Apple must include shareholder proposals seeking transparency on their use of artificial intelligence (AI) in their upcoming annual proxy statements. The AFL-CIO Equity Index Funds are requesting that Disney and Apple prepare and publicly disclose reports on their AI usage, including the ethical guidelines they have adopted in relation to AI technology.… Read the rest
Artificial Intelligence: From Layoffs to Governance
Artificial Intelligence (AI) continues to shape the business landscape, from its impact on the job market to the need for ethical governance. While AI advancements have led to speculation about potential staff reductions, it’s worth noting that Paytm’s parent firm, One97 Communication, recently streamlined costs by letting go of over 1,000 employees through the aid of AI progress.… Read the rest
Government Takes Action to Regulate AI and Deepfakes
A recent advisory from the Ministry of Electronics and Information Technology (MeitY) is aimed at cracking down on deepfakes and promoting responsible AI usage. The government’s proactive role in regulating AI and generative AI models reflects their commitment to creating an ethical and accountable digital environment.… Read the rest
Deep Learning: A Catalyst for Transformation Across Industries
Deep learning, a branch of artificial intelligence (AI), has emerged as a catalyst for unprecedented advancements and breakthroughs across various sectors. This transformative technology is revolutionizing numerous industries, paving the way for interactive innovation and real-world applications.
One of the key areas where deep learning has made significant strides is in image and speech recognition, natural language processing, and autonomous vehicles.… Read the rest