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Archive for the ‘finance’ category: Page 23

Apr 8, 2023

GPT-5 Rumors and Predictions — It’s about to get real silly

Posted by in categories: biotech/medical, finance, law, robotics/AI

Patreon: https://www.patreon.com/daveshap.
GitHub: https://github.com/daveshap.
Cognitive AI Lab Discord: https://discord.gg/yqaBG5rh4j.

Artificial Sentience Reddit: https://www.reddit.com/r/ArtificialSentience/
Heuristic Imperatives Reddit: https://www.reddit.com/r/HeuristicImperatives/

Continue reading “GPT-5 Rumors and Predictions — It’s about to get real silly” »

Apr 5, 2023

Meet FreedomGPT: An Open-Source AI Technology Built on Alpaca and Programmed to Recognize and Prioritize Ethical Considerations Without Any Censorship Filter

Posted by in categories: finance, robotics/AI

Large Language Models have rapidly gained enormous popularity by their extraordinary capabilities in Natural Language Processing and Natural Language Understanding. The recent model which has been in the headlines is the well-known ChatGPT. Developed by OpenAI, this model is famous for imitating humans for having realistic conversations and does everything from question answering and content generation to code completion, machine translation, and text summarization.

ChatGPT comes with censorship compliance and certain safety rules that don’t let it generate any harmful or offensive content. A new language model called FreedomGPT has recently been introduced, which is quite similar to ChatGPT but doesn’t have any restrictions on the data it generates. Developed by the Age of AI, which is an Austin-based AI venture capital firm, FreedomGPT answers questions free from any censorship or safety filters.

FreedomGPT has been built on Alpaca, which is an open-source model fine-tuned from the LLaMA 7B model on 52K instruction-following demonstrations released by Stanford University researchers. FreedomGPT uses the distinguishable features of Alpaca as Alpaca is comparatively more accessible and customizable compared to other AI models. ChatGPT follows OpenAI’s usage policies which restrict categories like hate, self-harm, threats, violence, sexual content, etc. Unlike ChatGPT, FreedomGPT answers questions without bias or partiality and doesn’t hesitate to answer controversial or argumentative topics.

Apr 5, 2023

Dozer exits stealth to help any developer build real-time data apps ‘in minutes’

Posted by in categories: finance, robotics/AI

Data has emerged as one of the world’s greatest resources, underpinning everything from video-recommendation engines and digital banking, to the burgeoning AI revolution. But in a world where data has become increasingly distributed across locations, from databases to data warehouses to data lakes and beyond, combining it all into a compatible format for use in real-time scenarios can be a mammoth undertaking.

For context, applications that don’t require instant, real-time data access can simply combine and process data in batches at fixed intervals. This so-called “batch data processing” can be useful for things like processing monthly sales data. But often, a company will need real-time access to data as it’s created, and this might be pivotal for customer support software that relies on current information about each and every sale, for example.

Elsewhere, ride-hail apps also need to process all manner of data points in order to connect a rider with a driver — this isn’t something that can wait a few days. These kinds of scenarios require what is known as “stream data processing,” where data is collected and combined for real-time access, which is far more complex to configure.

Apr 5, 2023

AGI Unleashed: Game Theory, Byzantine Generals, and the Heuristic Imperatives

Posted by in categories: biotech/medical, finance, law, robotics/AI

Patreon: https://www.patreon.com/daveshap.
GitHub: https://github.com/daveshap.
Cognitive AI Lab Discord: https://discord.gg/yqaBG5rh4j.

Artificial Sentience Reddit: https://www.reddit.com/r/ArtificialSentience/
Heuristic Imperatives Reddit: https://www.reddit.com/r/HeuristicImperatives/

Continue reading “AGI Unleashed: Game Theory, Byzantine Generals, and the Heuristic Imperatives” »

Apr 3, 2023

Post-Singularity Predictions — How will our lives, corporations, and nations adapt to AI revolution?

Posted by in categories: biotech/medical, finance, law, robotics/AI, singularity

Patreon: https://www.patreon.com/daveshap.
GitHub: https://github.com/daveshap.
Discord: https://discord.gg/yqaBG5rh4j.

Reddit: https://www.reddit.com/r/ArtificialSentience/
Reddit: https://www.reddit.com/r/HeuristicImperatives/

Continue reading “Post-Singularity Predictions — How will our lives, corporations, and nations adapt to AI revolution?” »

Mar 31, 2023

Generative AI Drives Investments, Business Adoption, Public Concerns And New Products

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

The release of ChatGPT in late November 2022 lit a fire under the subdued venture capital sector, a hesitant business community, and the work of academics and regulators. While venture funding decreased by 19% from Q3’22 to Q4’22, AI funding increased 15% over the same period, according to CB Insights’ State of AI 2022 Report (annual AI funding dropped by 34% in 2022, mirroring the broader venture funding downturn). Looking specifically at generative AI startups, CB Insights found that 2022 was a record year, with equity funding topping $2.6 billion across 110 deals.


Everywhere you turn, you encounter generative AI.

Mar 26, 2023

186 US banks at risk of failure similar to Silicon Valley Bank, says research; here’s why

Posted by in category: finance

A new report has found that 186 banks in the US are at risk of failure due to rising interest rates and a high proportion of uninsured deposits. The research, posted on the Social Science Research Network titled ‘Monetary Tightening and US Bank Fragility in 2023: Mark-to-Market Losses and Uninsured Depositor Runs?’ estimated the market value loss of individual banks’ assets during the Federal Reserve’s rate-increasing campaign. Assets such as Treasury notes and mortgage loans can decrease in value when new bonds have higher rates.

The study also examined the proportion of banks’ funding that comes from uninsured depositors with accounts worth over $250,000.

If half of the uninsured depositors quickly withdrew their funds from these 186 banks, even insured depositors may face impairments as the banks would not have enough assets to make all depositors whole. This could potentially force the FDIC to step in, according to the paper.

Mar 25, 2023

Shining a light into the ‘black box’ of AI

Posted by in categories: biotech/medical, economics, finance, health, information science, robotics/AI

Researchers from the University of Geneva (UNIGE), the Geneva University Hospitals (HUG), and the National University of Singapore (NUS) have developed a novel method for evaluating the interpretability of artificial intelligence (AI) technologies, opening the door to greater transparency and trust in AI-driven diagnostic and predictive tools. The innovative approach sheds light on the opaque workings of so-called “black box” AI algorithms, helping users understand what influences the results produced by AI and whether the results can be trusted.

This is especially important in situations that have significant impacts on the health and lives of people, such as using AI in . The research carries particular relevance in the context of the forthcoming European Union Artificial Intelligence Act which aims to regulate the development and use of AI within the EU. The findings have recently been published in the journal Nature Machine Intelligence.

Time series data—representing the evolution of information over time—is everywhere: for example in medicine, when recording heart activity with an electrocardiogram (ECG); in the study of earthquakes; tracking weather patterns; or in economics to monitor financial markets. This data can be modeled by AI technologies to build diagnostic or predictive tools.

Mar 24, 2023

Mark Cuban, SBA And Google On How AI Startups Can Get $2 Million In Funding Amid The Bank Crisis

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

During a tense opening weekend at SXSW, following the sudden collapse of Silicon Valley Bank which banked nearly half of US venture-backed startups, billionaire investor Mark Cuban sat down with me to discuss options for entrepreneurs trying to secure funds in the midst of unprecedented economic chaos.

“I would encourage people to do their homework,” he said. “This is a learning experience. It’s been a learning experience for me.”


With credit tightening and banks failing, many startups are having a hard time accessing the private equity markets. But fortunately, capital is available from a variety of sources without having to give up equity. Interviews with Mark Cuban and others highlight funds awarding big bucks.

Continue reading “Mark Cuban, SBA And Google On How AI Startups Can Get $2 Million In Funding Amid The Bank Crisis” »

Mar 16, 2023

Gaming company appoints AI bot as new CEO, sees record-breaking growth in stock market

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

Tang Yu, the AI CEO of the gaming company NetDragon Websoft, was assigned typical duties of the company that included reviewing high-level analytics, making leadership decisions, assessing risks, and fostering an efficient workplace. Tang Yu was the first CEO of a company that worked 24×7, without receiving compensation. The company said while appointing the AI chatbot as CEO that it will play a crucial role in the development of talents and ensuring a far and efficient workplace for all employees.

“Tang Yu’s appointment highlights the Company’s “AI + management” strategy and represents a major milestone of the Company towards being a “Metaverse organization”. Tang Yu will streamline process flow, enhance the quality of work tasks, and improve speed of execution. Tang Yu will also serve as a real-time data hub and analytical tool to support rational decision-making in daily operations, as well as to enable a more effective risk management system,” NetDragon Websoft said in a blog post.

Interestingly, the AI bot helped the company in generating revenue. As per reports, the company outperformed the Hang Seng Index, which tracks the biggest companies listed in Hong Kong.

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