Year: 2024

New AI Model from Gates-Backed Numenta Promises Efficiency and Adaptability

Numenta, a promising name in the realm of artificial intelligence, has recently unveiled a groundbreaking AI model that aims to revolutionize how machines learn while also reducing energy consumption significantly. Backed by the influential Gates Foundation, this innovation is more than just a technical advancement; it is a fresh perspective on how AI can operate, […]

Data Deletion Hampers OpenAI Lawsuit Progress

OpenAI faces significant challenges in a high-profile copyright lawsuit following a critical incident that may impact the outcome of the case. The lawsuit, initiated by The New York Times and Daily News, alleges that OpenAI used their copyrighted content to train its artificial intelligence models without proper authorization. This situation escalated recently when crucial evidence […]

Irish Data Authority Seeks EU Guidance on AI Privacy Under GDPR

In a bid to strengthen its regulatory framework on artificial intelligence (AI), the Irish Data Protection Commission (DPC) is reaching out to the European Data Protection Board (EDPB) for guidance on privacy issues tied to AI technologies. This initiative comes at a crucial time as AI increasingly permeates various sectors, raising significant concerns under the […]

Google Faces Pressure to End Search Monopoly with Proposed Breakup

US prosecutors have intensified efforts to reshape the competitive landscape of online search and advertising by urging a federal judge to implement significant changes to Google’s business operations. These proposed remedies, aimed at dismantling what the government labels a monopoly, include the forced sale of Google’s Chrome browser, the requirement to share search data with […]

Gary Wang Avoids Prison After FTX Fraud Case

Gary Wang, a former executive at the cryptocurrency exchange FTX, has successfully avoided prison time following his cooperation in the extensive fraud case against founder Sam Bankman-Fried. This decision by Judge Lewis Kaplan stems from Wang’s admission of guilt and his notable assistance to prosecutors in unraveling the complex web of financial misconduct that led […]

SK Square Announces Share Buyback to Boost Shareholder Value

In a strategic move aimed at enhancing shareholder value, SK Square, the holding company of prominent AI chip manufacturer SK Hynix, has announced a substantial share buyback program. This plan encompasses the repurchase of 100 billion won (approximately $71.51 million) worth of shares, which will be canceled within three months. This initiative follows a similar […]

Japan Implements Comprehensive Tax and Stimulus Reforms to Boost Economic Growth

The Japanese government is set to introduce a series of robust tax reforms alongside a significant stimulus package by the end of 2024. This ambitious agenda, led by Prime Minister Shigeru Ishiba, aims to revamp existing fiscal policies, focusing particularly on income tax, corporate tax, and cryptocurrency taxation. Such initiatives reflect a response to changing […]

Anthropic Collaboration Drives Snowflake Surge

Snowflake is actively reshaping the data cloud services landscape through its new partnership with Anthropic, an AI firm known for its innovative approaches to artificial intelligence. This collaboration is set to unlock advanced AI capabilities for Snowflake, enhancing its offerings and enabling enterprises to create custom applications tailored to their specific needs. Following the announcement […]

Radiology Startup, Lantern, Secures $19M to Revolutionise AI Tools in Healthcare

In a significant leap for healthcare technology, Lantern, a startup founded by engineer Shiva Suri, has successfully secured $19 million in Series A funding, led by Benchmark. This infusion of capital is set to enhance the capabilities of radiologists by streamlining their workflows through advanced AI tools, addressing longstanding inefficiencies within the field of radiology. […]

75% of News Posts Shared Without Reading: A Wake-Up Call for Social Media Users

In a striking revelation, a recent study has unveiled that a staggering 75% of news-related posts shared on social media are disseminated without ever being read. This phenomenon raises significant concerns regarding the integrity of information in our digital age. Researchers from several U.S. universities conducted a thorough analysis of over 35 million Facebook posts […]

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