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Archive for the ‘finance’ category: Page 22

Oct 9, 2023

The UAE wants to build an underwater bullet train to Mumbai

Posted by in categories: finance, transportation

In addition to reducing travel times, it could also offer picturesque views using see-through windows if the project is deemed feasible.

The plan first came to light in 2018 but is now being actively pursued as Dubai looks to stamp its authority on impressive constructions again, with Saudi Arabia also aiming for a piece of the pie.


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Oct 6, 2023

Generative AI exists because of the transformer

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

Over the past few years, we have taken a gigantic leap forward in our decades-long quest to build intelligent machines: the advent of the large language model, or LLM.

This technology, based on research that tries to model the human brain, has led to a new field known as generative AI — software that can create plausible and sophisticated text, images and computer code at a level that mimics human ability.

Businesses around the world have begun to experiment with the new technology in the belief it could transform media, finance, law and professional services, as well as public services such as education. The LLM is underpinned by a scientific development known as the transformer model, made by Google researchers in 2017.

Oct 5, 2023

Likewise debuts Pix, an AI chatbot for entertainment recommendations

Posted by in categories: entertainment, finance, information science, robotics/AI

Likewise, the company behind an app that can recommend your next TV binge, movie to watch, podcast to stream or book to read, is out today with its own entertainment-focused AI companion, Pix. Built using a combination of Likewise’s own customer data and technology from partner OpenAI, Pix can make entertainment recommendations and answer other questions via text message or email, or by communicating with Pix within the Pix mobile app, website or even by speaking to Pix’s TV app using a voice remote.

Founded in 2017 by former Microsoft communications chief Larry Cohen with financial backing from Bill Gates, the recommendations startup aims to offer an easy way for people to discover new TV shows, movies, books, podcasts and more, as well as follow other users and make lists of their favorites to share. While today, recommendations are often baked into the streaming services or apps we use to play our entertainment content, Likewise maintains a registered user base of more than 6 million, and over 2 million monthly active users.

To build Pix, the company leveraged around 600 million consumer data points along with machine learning algorithms, as well as the natural language processing technology of OpenAI’s GPT 3.5 and 4. To work, the AI chatbot learns the preferences of the individual user and then provides them with personalized recommendations — similar to Likewise itself. In addition, the bot will reach out to users when new content becomes available that matches their interests.

Oct 3, 2023

Dr. Alex Colville, Ph.D. — Co-Founder and General Partner — age1

Posted by in categories: bioengineering, biotech/medical, chemistry, finance, genetics, life extension

Venture Investing To Catalyze The Next Generation Of Founder-Led, Longevity Biotech Companies — Dr. Alex Colville, Ph.D., Co-Founder and General Partner — age1.


Dr. Alex Colville, Ph.D. is Co-Founder and General Partner of age1 (https://age1.com/), a venture capital firm focused on catalyzing the next generation of founder-led, longevity biotech companies, with a strategy of building a community of visionaries advancing new therapeutics, tools, and technologies targeting aging and age-related diseases.

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Oct 2, 2023

Unity wants to rebuild trust, but one Runtime Fee claim doesn’t add up

Posted by in categories: finance, policy

Last week, Unity rolled out a new look version of its controversial Runtime Fee in the wake of a seismic backlash from developers who felt the original policy represented an egregious act of betrayal for a myriad of reasons.

While plenty of fury was aimed at how the fee might impact developers’ finances, some of that anger stemmed from Unity’s inability to effectively communicate its new policy and provide clear answers to pertinent questions.

The dust is now supposedly settled, but here’s one more thing: why doesn’t Unity’s explanation for its shifting answers about the Runtime Fee in relation to subscription services hold up to scrutiny?

Oct 1, 2023

Codec avatars: The next frontier of Meta’s VR technology

Posted by in categories: finance, virtual reality

Meta CEO Mark Zuckerberg reveals the technology behind codec avatars, which create ultra-realistic VR faces.

Meta, formerly known as Facebook, has been struggling to convince the world that its vision of the metaverse is worth pursuing. The social media giant rebranded itself in October 2022, hoping to create a more immersive and interactive online experience for its users. However, the initial response was far from positive. Many people mocked the cartoonish and unrealistic avatars that Meta showcased in its demonstration video, which lasted for over an hour. Others questioned the need and feasibility of creating a virtual world that mimics real life.

Meta’s ambitious project also faced… More.

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Sep 29, 2023

This robot helps beat loneliness for sick children

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

Meet AV1, the mini robot that goes to the zoo or school for sick children who can’t.

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Sep 27, 2023

Inside Mind-Reading AI

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

Professor Nita Farahany reveals to Azeem Azhar the startling advancements of brain-scanning technology and the extraordinary implications this tech has for privacy and humanity.

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Sep 27, 2023

Unveiling Nanoscale Wonders: Carbon-Based Quantum Technology

Posted by in categories: computing, finance, nanotechnology, quantum physics

Quantum technology holds immense promise, yet it is riddled with complexity. Anticipated to usher in a slew of technological advancements in the upcoming decades, it is set to offer us more compact and accurate sensors, robustly secure communication networks, and high-capacity computers. These advancements will outpace the capabilities of present computing technologies, aiding in the swift development of new drugs and materials, controlling financial markets, and enhancing weather forecasting.

To realize these benefits, we require what are termed as quantum materials, which display significant quantum physical effects. One such material is graphene.

Graphene is an allotrope of carbon in the form of a single layer of atoms in a two-dimensional hexagonal lattice in which one atom forms each vertex. It is the basic structural element of other allotropes of carbon, including graphite, charcoal, carbon nanotubes, and fullerenes. In proportion to its thickness, it is about 100 times stronger than the strongest steel.

Sep 25, 2023

Billionaire investor makes bold claim about Tesla’s future worth

Posted by in categories: Elon Musk, finance, sustainability, transportation

Tesla has been given a vote of confidence by one of the world’s wealthiest men who believes the company’s valuation could grow four to five times between now and 2030.

Investor Ron Baron was speaking to CNBC about Walter Issacson’s new biography of Elon Musk, as Business Insider summarized, and Baron discussed the stock market potential of Musk’s electric vehicle company, Tesla, among other things.

“I think Tesla in the next seven years will be about four or five times as big as it is right now in the stock market,” Baron said. “In the funds that I manage, I’ve been maxed out.”

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