Articles for category: AI

October 25, 2024

Cathie Wood and Warren Buffett converge on Amazon, a resilient powerhouse with vast growth potential, despite differing investment strategies.

Cathie Wood and Warren Buffett, two investment icons with different styles, both see potential in Amazon, part of their shared “Magnificent Seven” stocks. While Buffett focuses on steady blue-chip investments through Berkshire Hathaway, Wood embraces high-risk opportunities at Ark Invest. Amazon’s diverse business model, including e-commerce, cloud computing, and advertising, has shown solid growth despite ...

October 25, 2024

Market News

Amidst rising tensions, F1 drivers demand reforms to racing guidelines after controversial penalties cloud the sport’s spirit and fairness.

Formula 1 drivers are expressing frustration with racing rules after a controversial weekend in Austin. The penalty imposed on Lando Norris for overtaking Max Verstappen off-track has sparked significant debate, with many drivers calling for changes to the guidelines. While opinions differ on the best approach, most agree that adjustments are necessary for better racing. ...

October 25, 2024

Market News

Nicolas Cage warns young actors at a festival about AI’s threat to their performances, urging them to protect their artistry.

At the Newport Beach Film Festival, Nicolas Cage expressed his deep concerns about artificial intelligence and its impact on Hollywood actors. He highlighted the rise of a new technology called “EBDR,” or employment-based digital replica, which could transform the way performances are created. Cage warned that studios could manipulate an actor’s appearance and voice, which ...

October 25, 2024

Market News

Miles Brundage warns OpenAI and others are unprepared for AGI, emphasizing urgent action needed for safety and equitable benefits.

Miles Brundage, a senior advisor for AGI readiness at OpenAI, is leaving the company. He warns that neither OpenAI nor any other AI labs are prepared for artificial general intelligence, which is AI that can think and learn like a human. In his Substack post, he emphasizes that significant gaps remain in readiness, which aren’t ...

October 25, 2024

Market News

Miles Brundage warns OpenAI and others: the world is unprepared for artificial general intelligence’s arrival, urging urgent policy discussions.

Miles Brundage, a senior advisor at OpenAI, is leaving the company and has raised concerns about the readiness for artificial general intelligence (AGI). He believes that not only OpenAI but all advanced AI labs are unprepared for AGI, which could match human intelligence. In his departure announcement, he emphasized the need for effective policies and ...

October 25, 2024

Market News

Box partners with AWS to integrate Amazon Bedrock, enabling users to harness generative AI for enhanced data management and applications.

Box users can now leverage Amazon Bedrock to create applications tailored to their data and foundation models, with initial support for Anthropic’s Claude and Amazon’s Titan. This integration results from a newly strengthened partnership between Box and AWS, which aims to enhance the Box Intelligent Content Cloud’s value. Businesses of all sizes can now harness ...

October 25, 2024

Market News

Infinitus Systems, TollBit, and Attention secure $51.5M, $24M, and $14M respectively, revolutionizing healthcare, publishing, and sales through AI innovation.

Recently, several companies have secured significant funding to enhance their AI technologies. Infinitus Systems raised $51.5 million to automate healthcare calls, improving efficiency for medical staff dealing with insurance. TollBit received $24 million to create a marketplace that allows publishers to monetize AI content usage, streamlining payments for content access. Attention, an AI startup focused ...

October 25, 2024

Market News

Apple’s upcoming AI features promise seamless integration, enhanced privacy, and competitive advantages, poised to redefine user experience.

Apple is set to introduce its first AI features with the upcoming iOS 18.1 update, showcasing a range of benefits that set Apple Intelligence apart from competitors. First, it integrates seamlessly with existing apps and features, making it user-friendly and familiar. Second, it incorporates leading AI tools like ChatGPT directly into Siri, offering users the ...

October 25, 2024

Market News

OnePlus unveils OxygenOS 15, featuring AI enhancements, refined design, and reduced storage, set to launch on October 30.

OnePlus has introduced OxygenOS 15, its latest Android skin based on Android 15, following Google’s recent release. The first open beta will be available for the OnePlus 12 on October 30, with a stable version expected by late November. This major upgrade emphasizes speed, design, and AI features. It promises smoother performance, takes up 20% ...

October 25, 2024

Market News

Meta’s new Llama AI models revolutionize mobile technology, enabling powerful AI on smartphones, challenging traditional data center reliance.

Meta Platforms has introduced smaller versions of its Llama AI models that can now run on smartphones and tablets. The new Llama 3.2 1B and 3B models are designed to be faster and more memory-efficient than their larger counterparts, using a technique called quantization. This breakthrough allows advanced AI capabilities on personal devices, reducing reliance ...