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Apr 15, 2023

GlobalData warns of cybersecurity threat to travel & tourism

Posted by in categories: business, cybercrime/malcode, finance

The travel and tourism sector has become a prime focus for cyberattacks in recent times, resulting in ransomware incidents arising from data breaches. Against this backdrop, cybersecurity concerns within the industry have escalated with a 4 pc year-on-year (YoY) rise in 2022, reflecting the prevailing sentiment, says GlobalData, a leading data and analytics company.

In its report, Company Filing Analytics Database, GlobalData says that sentiment for airlines, travel services, and lodging rose by 6 pc, 4 pc, and 1 pc, respectively, in 2022 over 2021.

“Companies are consistently working on information and network security projects to set up a reliable technical protection and security management mechanism to ensure customer security and prevent data leakage. A severe data security incident can lead to operational disturbances and cause significant financial damage to the business,” says Misa Singh, Business Fundamentals Analyst at GlobalData.

Apr 13, 2023

With Bedrock, Amazon enters the generative AI race

Posted by in categories: business, robotics/AI

Amazon is throwing its hat into the generative AI ring. But rather than build AI models entirely by itself, it’s recruiting third parties to host models on AWS today unveiled Amazon Bedrock, which provides a way to build generative AI-powered apps via pretrained models from startups including AI21 Labs, Anthropic and Stability AI. Available in a “limited preview,” Bedrock also offers access to Titan FMs (foundation models), a family of models trained in-house by AWS.

AWS today unveiled Amazon Bedrock, which provides a way to build generative AI-powered apps via pretrained models from startups including AI21 Labs, Anthropic and Stability AI. Available in a “limited preview,” Bedrock also offers access to Titan FMs (foundation models), a family of models trained in-house by AWS.

“Applying machine learning to the real world — solving real business problems at scale — is what we do best,” Vasi Philomin, VP of generative AI at AWS, told TechCrunch in a phone interview. “We think every application out there can be reimagined with generative AI.”

Apr 12, 2023

TeraWulf Announces it Has Deployed BITMAIN Miners at the Nuclear-Powered Nautilus Facility

Posted by in categories: bitcoin, business, nuclear energy, solar power, sustainability

“TeraWulf generates domestically produced Bitcoin powered by 91% nuclear, hydro, and solar energy with a goal of utilizing 100% zero-carbon energy.”


EASTON, Md.—()—TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, today announced that the Company is deploying solely BITMAIN Technologies Ltd. (“BITMAIN”) manufactured mining equipment to fill its 50 MW of capacity at the nuclear-powered Nautilus bitcoin mining facility.

“BITMAIN’s carbon neutral strategy and best-in-class mining equipment make BITMAIN an ideal partner to scale our zero-carbon digital infrastructure at Nautilus” Tweet this

Continue reading “TeraWulf Announces it Has Deployed BITMAIN Miners at the Nuclear-Powered Nautilus Facility” »

Apr 11, 2023

Alibaba plans to roll out A.I. bot rival to ChatGPT

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

CNBC’s Eunice Yoon reports on news that Alibaba is releasing a chatbot similar to ChatGPT. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi.

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Apr 10, 2023

What Is The Price of a Quantum Computer In 2023?

Posted by in categories: business, computing, quantum physics

Many experts in the industry predict the cost of quantum computing hardware will continue to decrease over time as the technology advances, making it more accessible to a broader range of businesses and organizations. In a recent talk, the CTO of the CIA Nand Mulchandani noted that the quantum industry is still very early and unit costs are still very high, as we are very much in the research and development stage.

In general, pricing concerns are sure to be influenced by several important factors, including how advanced discoveries in the sector are made, market demand for the technology and competition among quantum computing providers.

The Quantum Insider observes with a keen eye the market trends and technological narrative that is evolving as we speak. When thinking about the price of a quantum computer price in 2023, it’s worth considering the access method, the type of computer and usage requirements.

Apr 10, 2023

Age Reversal: 10 Ways It Will Change The World

Posted by in categories: augmented reality, bioengineering, business, genetics, life extension, robotics/AI, transhumanism

This video explores Age Reversal and 10 ways they will change the world. Watch this next video about digital immortality: https://youtu.be/sZdWN9pbbew.
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Official Discord Server: https://discord.gg/R8cYEWpCzK
Patreon Page: https://www.patreon.com/futurebusinesstech.

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Apr 9, 2023

Ex-Google CEO Eric Schmidt warns pausing ChatGPT-like AI will benefit China

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

Schmidt thinks that if the AI sector doesn’t create protections, politicians will have to step in.

Eric Schmidt, the former CEO of Google, has spoken out against the six-month ban on AI development that some tech celebrities and business executives demanded earlier.

“I’m not in favor of a six-month pause, because it will simply benefit China,” said Schmidt, Google’s first CEO.

Continue reading “Ex-Google CEO Eric Schmidt warns pausing ChatGPT-like AI will benefit China” »

Apr 8, 2023

How AI could disrupt video-gaming

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

Called it. game building got too expensive to be done by people. will be taken over 100% by AI around 2029/2030. expect about 5 years of pure crap between now and change over:


Gamemaking is especially laborious—and especially ripe for automation | Business.

Apr 5, 2023

Billionaire Richard Branson’s Virgin Orbit Files For Bankruptcy After Failed Satellite Launch

Posted by in categories: business, satellites

Richard Branson’s Virgin Orbit has filed for bankruptcy in the U.S. after an eleventh-hour scramble to secure further funding failed, the satellite company announced on Tuesday, marking the end of a sudden spiral that followed a botched high-profile launch attempt out of Britain in January.

Virgin Orbit has filed for Chapter 11 bankruptcy protection in the Bankruptcy Court for the District of Delaware, documents show.

Virgin Orbit said it had failed to secure sufficient funding to stay in business and the decision comes less than a week after it laid off most of its staff and ceased operations.

Continue reading “Billionaire Richard Branson’s Virgin Orbit Files For Bankruptcy After Failed Satellite Launch” »

Apr 5, 2023

AI chip race: Google says its Tensor chips compute faster than Nvidia’s A100

Posted by in categories: biotech/medical, business, robotics/AI, space, supercomputing

It also says that it has a healthy pipeline for chips in the future.

Search engine giant Google has claimed that the supercomputers it uses to develop its artificial intelligence (AI) models are faster and more energy efficient than Nvidia Corporation’s. While processing power for most companies delving into the AI space comes from Nvidia’s chips, Google uses a custom chip called Tensor Processing Unit (TPU).

Google announced its Tensor chips during the peak of the COVID-19 pandemic when businesses from electronics to automotive faced the pinch of chip shortage.

Continue reading “AI chip race: Google says its Tensor chips compute faster than Nvidia’s A100” »

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