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Category: business – Page 82

The Passwordless Revolution Has Arrived

At last, we’re on the cusp of a passwordless era. Replacing passwords with passkeys promises to reduce frustration while making us safer.

However, through my experience working with businesses and end users, I’ve found widespread misunderstandings around passwordless technologies. Many don’t understand what passwordless technology is or how it works, and some mistakenly think that more onerous login processes mean it’s more secure. Here’s an update on where we stand and what we need to take passwordless technology mainstream.

Passwords may be the default, but they’re not our best option.

Elon Musk says he’s getting rid of rare Earth magnets in Tesla EVs

In a recent presentation, Tesla said that it was working to eliminate rare Earth magnets from its EVs over supply and toxicity concerns.

In a major move, Tesla is looking to rid its electric vehicles of rare Earth minerals, potentially eliminating the biggest environmental concern over the increasing number of EVs on the road.

The surprise announcement came during Tesla’s Master Plan 3 Investor event where the company outlined its business strategy for the next few years.

Tesla.

Mark Zuckerberg says AI boosts monetization

AI is having its moment on tech earnings calls for the second consecutive quarter, following the widely popular launch of OpenAI’s ChatGPT in late November. But not every company has the same plans for the new technology.

Nvidia (NVDA) is selling AI powered supercomputers. Microsoft (MSFT) is integrating ChatGPT into its search engine to compete with Google (GOOGL), which has its own AI searchbot.

Meta’s approach is slightly different. The core business for Meta since the early days of Facebook has been advertising sales, which still account for 98% of the company’s quarterly revenue. So naturally, enhancing advertisements with AI is where Meta believes the new technology can be most impactful.

How Generative AI Will Change Sales

Sales teams have typically not been early adopters of technology, but generative AI may be an exception to that. Sales work typically requires administrative work, routine interactions with clients, and management attention to tasks such as forecasting. AI can help do these tasks more quickly, which is why Microsoft and Salesforce have already rolled out sales-focused versions of this powerful tool.

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Microsoft and Salesforce have already rolled out sales-focused versions of this powerful tool.

AI Doctor? ChatGPT Nearly Passes US Medical Licensing Exam

ChatGPT has been hitting the headlines since its debut and after passing exams at business and law schools. Now, most recently, the AI has nearly passed the US Medical Licensure Exam (USMLE) necessary to pursue medical practice within the US.

ChatGPT: Revolutionary AI

NDTV reports that Open. AI, which has been an investment recipient of Microsoft and Elon Musk, built the ChatGPT chatbot. ChatGPT specifically stands for “Chat Generative Pre-Trained Transformer” and is a bot that is language-based and that is capable of coming up with responses that mirror those of humans.

Web browser wars: Tech firms fight to offer the best search experience

There is a new war happening online: the browser war. Tech companies everywhere are seeking to integrate AI in browsers in an attempt to please and attract users looking for the best possible search experience.

This is according to a new article by FOX Business published on Friday.

This phenomenon was amplified with Microsoft’s announcement earlier this year that it would roll out a new AI-powered version of its Bing search engine and Edge web browser that will incorporate OpenAI’s ChatGPT.

Google, Microsoft, Amazon, & Meta put AI on steroids while cutting jobs

The quarterly reports by these tech behemoths show their efforts to increase AI productivity in the face of growing economic worries.

The US tech giants like Alphabet, Microsoft, Amazon, and Meta are increasing their large language model (LLM) investments as a show of their dedication to utilizing the power of artificial intelligence (AI) while cutting costs and jobs.

Since the launch of OpenAI’s ChatGPT chatbot in late 2022, these businesses have put their artificial intelligence AI models on steroids to compete in the market, CNBC reported on Friday.

The IT behemoths Alphabet, Microsoft, Amazon, and Meta are increasing their large language model (LLM) investments as a show of their dedication to utilizing the power of artificial intelligence (AI) while cutting costs and jobs.

Is there life after death? | Physicist Sabine Hossenfelder

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What AI Technology Is Doing for Longevity Now

In March 2023, MIT Technology Review revealed that Sam Altman, the CEO of OpenAI (ChatGPT), was the mystery investor behind the $180 million investment into stealth startup Retro Biosciences, a biotech company with the ambition of “adding 10 years to the human lifespan.” This investment marks the latest tech entrepreneur expressing their interest in longevity science and a new connection with innovative AI technology.

According to February 2023 reports, AI is continuing to gain traction in healthcare applications. Currently, the market is estimated at $14.6 billion (USD) with a compound annual growth rate (CAGR) of 47.6%, with solutions spread across various healthcare fields, such as patient data and risk analysis, precision medicine, cybersecurity, lifestyle management, and drug discovery.

The increasing convergence of AI technology and longevity science is sparking advancements in the sector, with established businesses, start-ups, and researchers utilizing the technology. Most recently, scientists explored how ChatGPT, an AI-based language model, was able to predict Alzheimer’s in 80% of cases when analyzing speech. However, it is not the only implementation.