Day: May 25, 2023

By Ian Krietzberg A year ago, artificial intelligence — to many people — was nothing more than the behind-the-scenes power behind social media algorithms. But that changed when ChatGPT launched in November. In less than a year, AI has become a dominant force, impacting just about every sector and sending stocks like Nvidia soaring. Microsoft (MSFT) – Get Free Report — the latest leader to re-affirm its responsible approach to the technology — laid out a series of proposals May 25 with the goal of answering a simple question. “How do we best govern AI?” DON’T MISS: Protesters Say OpenAI C… Read More “Microsoft Breaks Down Exactly What AI Regulation Should Look Like”

New York (AFP) – The market valuation of Nvidia, a US firm which specializes in chips coveted in the artificial intelligence boom, neared one trillion dollars on Thursday after the company blew past quarterly earnings expectations. Nvidia shares surged as much as 27 percent, putting them on course for a record performance with a market cap above $900 billion.  If Nvidia hits the one-trillion mark, it will join a club of only five companies — all US tech giants except Saudi Aramco, the oil behemoth. Nvidia’s chips are a central ingredient to the generative AI revolution, capable of delivering … Read More “AI chip giant Nvidia nears trillion dollar valuation”

By Prostock-Studio / Getty images Music lovers can often feel like they’re not managing to keep up with the latest new releases. And it’s not surprising, since nearly 120,000 new tracks join the catalogs of streaming platforms like Spotify, Apple Music and Deezer every day. Music lovers can often feel like they’re not managing to keep up with the latest new releases. And it’s not surprising, since nearly 120,000 new tracks join the catalogs of streaming platforms like Spotify, Apple Music and Deezer every day. Luminate reports that an average of 120,000 new audio recordings were added to strea… Read More “Some 120,000 new tracks land on streaming services each day”

What you need to know… The S&P 500 Index ($SPX) (SPY) Thursday closed up +0.88%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.46%. Stock indexes Wednesday settled mixed, with the Nasdaq 100 rallying sharply to a 13-month high and the Dow Jones Industrials falling to a 1-3/4 month low. A +24% surge in Nvidia led technology stocks higher after it reported better-than-expected Q1 revenue and forecast stronger-than-expected Q2 revenue. Intel fell more than -5% and kept the Dow Jones Industrials in negative territory. A resolu… Read More “Nvidia Drives Tech Stocks Higher and Outweigh Debt-Ceiling Concerns”

By Karen Freifeld WASHINGTON (Reuters) – A top U.S. lawmaker on Thursday asked for more detail on the Biden administration’s proposed executive order on U.S. investments in China, questioning whether the planned restrictions would be effective. Republican U.S. Representative Patrick McHenry, chair of the House of Representatives Committee on Financial Services, sent a letter to Treasury Secretary Janet Yellen, requesting information related to the proposal ahead of Yellen’s June 7 scheduled hearing appearance before the committee. The Biden administration is planning to screen the billions of … Read More “House panel chair seeks info on proposed U.S. order for China investment”

Sam Altman, the chief executive of OpenAI, the company that released ChatGPT, said on Thursday said the European Union should be actively regulating artificial intelligence (AI). Speaking at an event at the Technical University of Munich (TUM) he said that he is generally of the opinion that it is better to wait and see what happens and then react responsibly, but there are situations “where we should be proactive” and AI regulation is one of them. “We don’t know exactly how it’s going to come up. It’s still pretty vague. I think AI should be regulated. I think there is a version of the Europe… Read More “OpenAI chief Altman: EU should be ‘proactive’ with AI regulation”

By Courtesy of Medieanvändning The World of culture has recently been turned upside down by the prowess of artificial intelligence software. Such technology can now generate stunning creations, often imitating the “style” of a certain creator. One such work has now joined the National Museum of Science and Technology in Stockholm. The World of culture has recently been turned upside down by the prowess of artificial intelligence software. Such technology can now generate stunning creations, often imitating the “style” of a certain creator. One such work has now joined the National Museum of Sc… Read More “This AI-generated statue is going on show at a Stockholm museum”

Read also: Budanov reveals post-invasion plans of Russian supporters in Crimea On the evening of February 23, 2022, Kyrylo Budanov, the head of the Main Intelligence Directorate (HUR) of the Ministry of Defense, brought his wife Marianna from their home to his office. At that moment, he knew for sure that in a few hours, Russian troops would attack Ukraine and there would be no time to worry about his family. Ukraine’s chief of military intelligence knew a lot at that point: the invaders would try to enter the capital and planned to eliminate the entire leadership of the country. Budanov also … Read More “The rise of Military Intelligence chief Kyrylo Budanov — NV profile”