Day: November 7, 2023

The Fed’s ongoing rate hike campaign has pressured many growth stocks over the past year, as these companies often rely on debt to finance future expansion. Now, however, as recent data points suggest the Fed may be nearing the end of its tightening cycle – and the U.S. economy may actually manage a soft landing – growth stocks are once again back in favor. And as interest rates eventually decline back toward more typical levels, growth stocks in particular should benefit from lower borrowing costs. With this in mind, here’s a look at three stocks that are top-rated by analysts, and expected … Read More “3 Standout Growth Stocks to Own for 2024”

By Sujit JAISWAL / AFP A fake video of a Bollywood actor purporting to show her wearing a low-cut top has triggered calls for AI regulation in India, where past false social media posts have stoked sectarian divisions. A fake video of a Bollywood actor purporting to show her wearing a low-cut top has triggered calls for AI regulation in India, where past false social media posts have stoked sectarian divisions. Rashmika Mandanna told her 4.7 million followers on X, formerly Twitter, that she was “really hurt” after a manipulated video showing her face on the body of another woman was widely ci… Read More “Fake Bollywood video highlights AI worries in India”

Artificial intelligence hype is at an all-time high as companies across the board rush to implement AI across their businesses. OpenAI, arguably the leader in the space, is paying top dollar for its talent. What To Know: According to recent reports citing tech salary data from Levels.fyi, Microsoft Corp (NASDAQ: MSFT)-backed OpenAI paid the average engineer about $925,000 per year in total compensation. A level five software engineer at OpenAI had a base salary of $300,000 and made an additional $625,000 a year from stock-based compensation. Level five employees had around 10 years of experien… Read More “OpenAI’s Gigantic Salaries Are Making Apple, Google, Microsoft Pay Look… Meh”

Mainz Biomed N.V. (NASDAQ: MYNZ) inked a pact with Liquid Biosciences, a bio-analytics company leveraging its proprietary AI analysis technology platform (EMERGE), to enhance the detection and diagnosis of colorectal cancer (CRC). Key attributes of EMERGE that make it superior to mainstream AI and machine learning analytical solutions include its computational speed, ability to handle millions of variables, and ability to operate agnostically without any assumptions or constraints. The partnership expands on Mainz Biomed’s initial deployment of EMERGE for examining the ColoFuture study’s findi… Read More “AI Meets Oncology! Mainz Biomed Inks Pact With Liquid Biosciences To Develop Next-Gen Colorectal Cancer Screening Test”

BRUSSELS (Reuters) – Video sharing app TikTok and social media platform X both need to step up their efforts to counter illegal hate speech, European Commission Vice President Vera Jourova said after meetings with their executives on Tuesday. Jourova, the EU commissioner responsible for the digital economy, met TikTok Chief Executive Shou Chew and X’s head of global affairs, Nick Pickles, as the European Union investigates Big Tech’s efforts to remove harmful content. The tech giants have faced mounting scrutiny in the past month, with a surge in harmful content and disinformation in the wake … Read More “EU digital chief urges TikTok, X to increase clean-up efforts”

Facebook and Instagram-owner Meta Platforms Inc has introduced new rules regarding the use of artificial intelligence (AI) for political advertising. Meta has decided to bar political campaigns and advertisers in regulated industries from using its new generative AI or AI-based advertising products. With this move, Meta aims to prevent the possible misuse of AI-based tools and the spread of election misinformation. In updates posted to its help centre, Meta said, “As we continue to test new Generative AI ads creation tools in Ads Manager, advertisers running campaigns that qualify as ads for h… Read More “Facebook and Instagram-owner Meta has new AI-based political ad rules”

US tech giant International Business Machines Corp (IBM) plans to invest half a billion dollars in artificial intelligence (AI). IBM announced on Tuesday that it will be launching a $500 million venture fund to invest in a range of AI companies from early-stage to hyper-growth startups. With a dedicated portfolio development team, the fund will provide start-ups with opportunities to develop partnerships with the company. According to IBM, the company has a long history of bringing proven enterprise AI technology and capabilities to organizations around the World. Watsonx is the company’s AI a… Read More “IBM to invest half a billion dollars in AI”

By Courtesy of Xiaomi The Chinese government has announced its intention to accelerate the design and mass production of autonomous humanoid robots to meet needs in industry, services and personal assistance. At the same time, China hopes to become the leading country, ahead of the United States, in what promises to be a new technological revolution. The Chinese government has announced its intention to accelerate the design and mass production of autonomous humanoid robots to meet needs in industry, services and personal assistance. At the same time, China hopes to become the leading country,… Read More “China aims to mass-produce humanoid robots by 2027”

(Reuters) – Bumble forecast fourth-quarter revenue below Wall Street estimates on Tuesday in a sign that sticky inflation and growing competition were weighing on user spending on its dating apps, sending shares down more than 6% in extended trading. The lackluster forecast comes a day after Bumble said its founder Whitney Wolfe Herd would step down as CEO, the second major executive departure at the company, and will be succeeded by Slack Chief Executive Lidiane Jones. Bumble faces competition from rival Match Group, that has rolled out several new features, including weekly subscription plan… Read More “Bumble forecasts weak fourth-quarter revenue, shares fall”

What HappenedA new study conducted by theDuke University School of Medicine reveals notable correlations between chronic pain and the use of tobacco and cannabis, often concurrently. Published in Addictive Behaviors, the study highlighted that adults experiencing a painful week are more likely to combine these substances as a coping mechanism. Why It Matters The research, which examined the behaviors of 32,014 adults, highlights that individuals experiencing pain were almost triple as likely to report using both tobacco and cannabis. The findings suggest a link between chronic pain and substan… Read More “Painful Truth: Chronic Pain Linked to Increased Tobacco And Cannabis Co-Use, Finds Duke University”