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Category: finance – Page 13

Apple also announced a ton of other home-grown AI innovations during Monday’s show. This includes AI-generated emojis called Genmoji, a feature that prioritizes important messages, another that summarizes group chats, and Safari will also create AI summaries of webpages.

The financials of Apple’s deal with OpenAI were not disclosed on Monday, and that element remains unclear. While Google has paid Apple billions of dollars for default privileges on Apple products, OpenAI may require an investment to provide computing of this magnitude. Processing AI requests for billions of people is anything but cheap. If Apple pays OpenAI for this, Microsoft may ultimately benefit from this deal.

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This interview with Yip Thy Diep Ta, CEO of J3d.ai, delves into AI-driven collective intelligence for decision-making, ethical considerations in AI development (fairness, bias mitigation, diversity), the implications of human-machine integration technologies (e.g., Neuralink), and the evolving role of humans in an AI-driven workforce.

Systain3r Summit: https://www.systain3r.com/

#AI #AGI #Futureofwork.

SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive, and beneficial Artificial General Intelligence (AGI). An AGI is not dependent on any central entity, is open to anyone, and is not restricted to the narrow goals of a single corporation or even a single country.

Continue reading “Neuralink and the Future of Work — Deep Interview With Yip Thy Diep Ta” | >

The big question is whether the wealth boom of the past decade, initially fueled by low interest rates and liquidity, and more recently by Covid-19 pandemic stimulus and artificial intelligence, can continue. Global conflicts, elections, interest rates and a potential economic slowdown could all slow the pace of wealth creation, said Elias Ghanem, global head of the Capgemini Research Institute for Financial Services.

“The last 10 years were exceptional,” Ghanem said. “We now have inflation, a potential recession and geopolitical problems and elections. The environment is completely different.”

Indeed, globally, the wealth picture looks more mixed than in the U.S. The number of millionaires worldwide grew 5.1% last year, to 22.8 million, according to the report. Their combined fortunes grew to a record $86.8 trillion.

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The mercurial billionaire said in a subsequent X post that xAI’s pre-money valuation was $18 billion. The financial term refers to the value of a company before any equity investment is made.

Pre-money valuation was $18B— Elon Musk (@elonmusk) May 27, 2024

Sunday’s announcement marks the first time xAI has talked about its fundraising efforts. Musk had repeatedly denied earlier reports from Bloomberg and the Financial Times about xAI’s outreach to investors.

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Black hat hackers have reportedly unleashed malicious software targeting over 1,500 banks and their customers worldwide.

Security researchers at IBM say a revamped version of the Grandoreiro banking trojan has just rolled out, enabling attackers to perform banking fraud in 60 countries.

The malware allows attackers to send email notices that appear to be urgent government requests for payments.

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And officials can come at those in slightly different ways — meaning that there isn’t necessarily a disconnect between SPACECOM and Space Force, she noted.

But, writ large, Christensen isn’t convinced most new commercial space companies currently being funded by venture capital — whether looking to provide satellite servicing or remote sensing or delivery via rocket — will be able to make it long term without Pentagon and IC dollars.

“I think the US national security community is going to shape commercial space for the foreseeable future,” she said.

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Hackers are utilizing code from a Python clone of Microsoft’s venerable Minesweeper game to hide malicious scripts in attacks on European and US financial organizations.

Ukraine’s CSIRT-NBU and CERT-UA attribute the attacks to a threat actor tracked as ‘UAC-0188,’ who is using the legitimate code to hide Python scripts that download and install the SuperOps RMM.

Superops RMM is a legitimate remote management software that gives remote actors direct access to the compromised systems.

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