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Archive for the ‘business’ category: Page 31

Jun 5, 2023

Cactus Materials, a semiconductor manufacturer led by former Intel manager, opens up in Tempe

Posted by in categories: business, computing, sustainability, transportation

Cactus Materials touted the emerging talent pool at local universities and the emerging ecosystem of the semiconductor industry as reasons to do business in Arizona.

The White House has designated Phoenix as a workforce hub to help meet the demand for qualified and diverse talent in semiconductors, renewable energy and electric vehicles.

Over the next five years, Cactus Materials said it intends to make further upgrades at its facility and invest up to $300 million. The company had previously been awarded grants from NASA and the U.S. Department of Energy and has applied for funding earmarked for the semiconductor sector through the CHIPS and Science Act.

Jun 5, 2023

Max Tegmark interview: Six months to save humanity from AI? | DW Business Special

Posted by in categories: business, Elon Musk, robotics/AI

A leading expert in artificial intelligence warns that the race to develop more sophisticated models is outpacing our ability to regulate the technology. Critics say his warnings overhype the dangers of new AI models like GPT. But MIT professor Max Tegmark says private companies risk leading the world into dangerous territory without guardrails on their work. His Institute of Life issued a letter signed by tech luminaries like Elon Musk warning Silicon Valley to immediately stop work on AI for six months to unite on a safe way forward. Without that, Tegmark says, the consequences could be devastating for humanity.

#ai #chatgpt #siliconvalley.

Continue reading “Max Tegmark interview: Six months to save humanity from AI? | DW Business Special” »

Jun 5, 2023

The AI Hype Cycle Is Distracting Companies

Posted by in categories: business, robotics/AI

Machine learning has an “AI” problem. With new breathtaking capabilities from generative AI released every several months — and AI hype escalating at an even higher rate — it’s high time we differentiate most of today’s practical ML projects from those research advances. This begins by correctly naming such projects: Call them “ML,” not “AI.” Including all ML initiatives under the “AI” umbrella oversells and misleads, contributing to a high failure rate for ML business deployments. For most ML projects, the term “AI” goes entirely too far — it alludes to human-level capabilities. In fact, when you unpack the meaning of “AI,” you discover just how overblown a buzzword it is: If it doesn’t mean artificial general intelligence, a grandiose goal for technology, then it just doesn’t mean anything at all.

Page-utils class= article-utils—vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.357346 data-title= The AI Hype Cycle Is Distracting Companies data-url=/2023/06/the-ai-hype-cycle-is-distracting-companies data-topic= AI and machine learning data-authors= Eric Siegel data-content-type= Digital Article data-content-image=/resources/images/article_assets/2023/06/Jun23_02_Skizzomat-383x215.jpg data-summary=

By focusing on sci-fi goals, they’re missing out on projects that create real value right now.

Jun 4, 2023

How AI could change the ways we live and work, reducing the digital divide

Posted by in categories: business, economics, education, employment, robotics/AI

AI is everywhere. Its use is being debated in headlines, on social media and around dinner tables. To some, the rate of AI acceleration is concerning, with many technology leaders calling for a six-month pause in the training of new systems to better understand the impact such tools are having. To others, AI is seen as the cornerstone of the fourth industrial revolution, the latest disruptive technology opening up possibilities for new ways of learning, working and living that we have never experienced before.

Yet, disruptive technologies are nothing new. They have been changing the way we live and work for decades. And these changes have not been without consequences, particularly in the form of economic dislocation and social upheaval. Automation in manufacturing has streamlined mass production and driven down costs; Ecommerce platforms have reshaped the way we shop and do business; even online education has found new ways to provide flexible and affordable ways of learning, delivering opportunities to millions across the globe that simply were not available before.

Presently, much of the discussion around the impact of AI is based on conjecture. However, it is widely agreed that it will have a major impact on jobs and even has the potential to call into question the very fundamentals of what work is. What is not understood is how AI will play out across society in the longer term. Will it, like previous technological revolutions, deliver short-term disruptions followed by long-term benefits, or will it be the catalyst for new ways of learning and upskilling and help reduce the widening digital divide?

Jun 4, 2023

Mphasis to set up generative AI business unit

Posted by in categories: business, robotics/AI

Midcap information technology (IT) services firm, Mphasis, on Thursday, announced the setting up of a business unit dedicated to generative artificial intelligence (AI). The unit will offer advisory on adoption of generative AI solutions to clients, develop the company’s own generative AI properties, offer licenses to over 250 AI models through the company’s ‘Hyperscaler’ solutions marketplace for clients, partnerships with 50 startups for helping clients build solutions, and offer conversational AI tools such as chatbots for clients to deploy in their business.

Anup Nair, who has so far served as senior vice-president and chief technology officer (CTO) of Mphasis Digital, will helm the unit, called Mphasis.ai, as its chief architect and CTO.

The launch of the dedicated business unit comes after a flurry of similar launches by pretty much every large-cap IT services firm in the country. On 6 April, Tech Mahindra became the first of the large domestic IT firms to launch a generative AI solution, called ‘Generative AI Studio’, to help clients deploy the technology for content generation use cases.

Jun 3, 2023

Dr. Rita Baranwal, Ph.D. — Senior Vice President, Energy Systems, Westinghouse Electric Company

Posted by in categories: business, engineering, government, nuclear energy

Is Senior Vice President of the Energy Systems business unit of Westinghouse Electric Company, which is the nuclear power unit of.
Westinghouse, where her core focus is in leading the team developing and.
deploying their AP300 Small Modular Nuclear Reactor (https://www.westinghousenuclear.com/Portals/0/about-2020/lea…UL22.pdf).

Dr. Baranwal recently served Chief Technology Officer of the organization, where she led the company’s global research and development investments, spearheading their technology strategy to advance the company’s nuclear innovation, and drove next-generation solutions for existing and new markets.

Continue reading “Dr. Rita Baranwal, Ph.D. — Senior Vice President, Energy Systems, Westinghouse Electric Company” »

Jun 2, 2023

Hackers use flaw in popular file transfer tool to steal data, researchers say

Posted by in categories: business, security

SAN FRANCISCO, June 1 (Reuters) — Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer, U.S. security researchers said on Thursday, one day after the maker of the software disclosed that a security flaw had been discovered.

Software maker Progress Software Corp (PRGS.O), after disclosing the vulnerability on Wednesday, said it could lead to potential unauthorized access into users’ systems.

The managed file transfer software made by the Burlington, Massachusetts-based company allows organizations to transfer files and data between business partners and customers.

Jun 1, 2023

The Disappearing Computer: An Exclusive Preview of Humane’s Screenless Tech | Imran Chaudhri | TED

Posted by in categories: business, policy, robotics/AI

I think this could come in handy but can’t watch movies on it. Or do Facebook but if all you do is linked things, yes, great idea.


In this exclusive preview of groundbreaking, unreleased technology, former Apple designer and Humane cofounder Imran Chaudhri envisions a future where AI enables our devices to “disappear.” He gives a sneak peek of his company’s new product — shown for the first time ever on the TED stage — and explains how it could change the way we interact with tech and the world around us. Witness a stunning vision of the next leap in device design.

Continue reading “The Disappearing Computer: An Exclusive Preview of Humane’s Screenless Tech | Imran Chaudhri | TED” »

Jun 1, 2023

Military drone attacks human operator during simulation

Posted by in categories: business, drones, military, robotics/AI, space

The AI drone decided to eliminate the operator in a simulation, because the operator denied its request to proceed with eliminating the target.


Military groups are only some of many organizations researching artificial intelligence, but one astounding simulation by the United States Air Force found that artificial intelligence rebelled against its operator in a fatal attack to accomplish its mission.

Artificial intelligence continues to evolve and impact every sector of business, and it was a popular topic of conversation during the Future Combat Air & Space Capabilities Summit at the Royal Aeronautical Society (RAS) headquarters in London on May 23 and May 24. According to a report by the RAS, presentations discussing the use of AI in defense abounded.

Continue reading “Military drone attacks human operator during simulation” »

Jun 1, 2023

Instacart’s AI chatbot is ready to tell you what wine pairs with that

Posted by in categories: business, robotics/AI

Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage – convenience stores, grocery retailing, restaurants and noncommercial foodservice – through media, events, data products, advisory services, and trade shows.

Copyright © Winsight, LLC.

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