Day: September 12, 2023

Artificial Intelligence-generated deepfake content has been identified as a potential destabilizer for financial markets by the chair of the U.S. Securities and Exchange Commission (SEC). What Happened: During a recent Senate Banking Committee’s SEC oversight hearing, SEC Chair Gary Gensler underscored the threat deepfakes pose to market stability. This development was covered by Bloomberg. He emphasized the challenge that new technologies such as AI would pose to the existing laws. He added that in cases of AI-induced fraud or market volatility, the SEC would probe the individuals behind the … Read More “SEC Chair Gensler Sounds Alarm On AI Deepfake Impact On Financial Markets”

If you’ve been paying attention to recent artificial intelligence (AI) developments, you know two things to be true: It has the potential to change the World for the better while also threatening society in many ways. With this in mind, governments around the World are searching for ways to regulate AI and ensure that it’s only used for good. The White House recently reached an agreement with seven leading AI companies on taking steps to manage the risks of this technology. Don’t Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Thanks to changes in federa… Read More “Leading AI Companies Get Serious About Managing Risks”

Commodity Futures Trading Commission Commissioner (CFTC) Commissioner Christy Goldsmith Romero has suggested that regulators need to update their protection measures with technological advances. She goes on to add that the inability to do the same is likely to impact the crypto investors. Amid all the uncertainties surrounding the crypto sector, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) prices are likely to close Tuesday in the green. Also Read: SEC Chair Gensler Calls Crypto A ‘Field Rife With Fraud, Abuse And Misconduct’ Speaking at the North American Securities Administrators Associa… Read More “CFTC Commissioner Says Crypto Regulation Must Evolve With Tech Or Investors Pay The Price”

Artificial intelligence (AI) is reshaping various industries, including healthcare, education and politics. Its latest foray is into dentistry, where it is poised to revolutionize dental care. Florian Hillen spearheaded the integration of AI into dentistry by creating VideaHealth, an AI dental platform. This innovative platform, which aims to “transform patient care,” has developed software that is now accessible to 90% of dental practices across the U.S. Don’t Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Thanks to changes in federal law, this Kevin O… Read More “AI Technology Is Now Fixing Smiles”

By Echo Wang NEW YORK (Reuters) -Arm, the chip designer owned by SoftBank Group Corp, received enough backing from investors to secure at least the top end of the price range in its initial public offering, which would command a $54.5 billion valuation on a fully diluted basis, a person familiar with the matter said on Tuesday. Reuters had reported on Sunday that this outcome was likely. After reviewing investor commitments on Tuesday, Arm decided it will only accept the top end of its indicated $47-to-$51-per-share range, or a price that is even higher, the source said. Arm may price its IPO … Read More “Exclusive-Arm to fetch at least $54.5 billion valuation in IPO -source”

By Echo Wang NEW YORK (Reuters) -Arm, the chip designer owned by SoftBank Group Corp, received enough backing from investors to secure at least the top end of the price range in its initial public offering, which would command a $54.5 billion valuation on a fully diluted basis, a person familiar with the matter said on Tuesday. Reuters had reported on Sunday that this outcome was likely. After reviewing investor commitments on Tuesday, Arm decided it will only accept the top end of its indicated $47-to-$51-per-share range, or a price that is even higher, the source said. Arm may price its IPO … Read More “Exclusive-Arm to fetch at least $54.5 billion valuation in IPO -source”

A day before tech heavyweights Elon Musk, Mark Zuckerberg, Bill Gates and Sam Altman are scheduled to meet behind closed doors at the U.S. Senate, artificial intelligence (AI) industry representatives faced a barrage of questions hinting at the broader concerns Congress might have for tomorrow’s big players. In a live-streamed hearing titled, “Oversight of A.I.: Legislating on Artificial Intelligence,” witnesses from leading AI companies Microsoft Corp. (NASDAQ: MSFT) and Nvidia Corp (NASDAQ: NVDA) were subjected to an inquiry led by the Senate Committee on the Judiciary. While the precise que… Read More “Today’s Glimpse, Tomorrow’s Headlines? Senate Committee Grills AI Leaders In The Open Before Closed Door Meeting”

By Jacob Krol The Arena Media Brands, LLC and respective content providers to this connection may receive compensation for some links to products and services on this connection. I’m live at Apple Park, specifically the Steve Jobs Theater, for Apple’s Sept. 12 “Wonderlust” event. At 1 P.M. ET, it kicked off with Apple CEO Tim Cook walking out and welcoming those in attendance and teasing a lot of news he is deeply excited about. What Apple product updates are happening this year? In June, Apple dropped several new Macs—like the 15-inch MacBook Air—and the Vision Pro Headset, but this event is all ab… Read More “Apple just revealed the iPhone 15 with some major changes — here’s everything we heard at today’s event”