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Archive for the ‘finance’ category: Page 43

Jan 26, 2023

Quantum Safe Cryptography — A Quantum Leap Needed Now

Posted by in categories: biotech/medical, computing, encryption, finance, information science, internet, mathematics, quantum physics, security

Whether we realize it or not, cryptography is the fundamental building block on which our digital lives are based. Without sufficient cryptography and the inherent trust that it engenders, every aspect of the digital human condition we know and rely on today would never have come to fruition much less continue to evolve at its current staggering pace. The internet, digital signatures, critical infrastructure, financial systems and even the remote work that helped the world limp along during the recent global pandemic all rely on one critical assumption – that the current encryption employed today is unbreakable by even the most powerful computers in existence. But what if that assumption was not only challenged but realistically compromised?

This is exactly what happened when Peter Shor proposed his algorithm in 1995, dubbed Shor’s Algorithm. The key to unlocking the encryption on which today’s digital security relies is in finding the prime factors of large integers. While factoring is relatively simple with small integers that have only a few digits, factoring integers that have thousands of digits or more is another matter altogether. Shor proposed a polynomial-time quantum algorithm to solve this factoring problem. I’ll leave it to the more qualified mathematicians to explain the theory behind this algorithm but suffice it to say that when coupled with a quantum computer, Shor’s Algorithm drastically reduces the time it would take to factor these larger integers by multiple orders of magnitude.

Prior to Shor’s Algorithm, for example, the most powerful computer today would take millions of years to find the prime factors of a 2048-bit composite integer. Without Shor’s algorithm, even quantum computers would take such an inordinate amount of time to accomplish the task as to render it unusable by bad actors. With Shor’s Algorithm, this same factoring can potentially be accomplished in a matter of hours.

Jan 26, 2023

European banks struggle with AI, while US banks lead the field, according to a new index

Posted by in categories: finance, robotics/AI

In the wake of a seminal wave of new artificial intelligence startups such as OpenAI, a new U.K. company claims it can track and rank banks on their ability to develop and deploy AI platforms. Evident, a benchmarking and intelligence company, says its inaugural Index can rank the 23 largest banks in North America and Europe on their competence in AI.

Evident, a benchmarking and intelligence company, says its inaugural Index can rank the 23 largest banks in North America and Europe on their competence in AI.

“As the real-world application of AI accelerates at astonishing speed, we believe that this transformation is too important — for managers, for investors, for society at large — to be happening in a darkened room. Our Index measures the race to banking AI maturity in a way that brings transparency to the top of the agenda,” said Alexandra Mousavizadeh, Evident co-founder and CEO in a statement.

Jan 24, 2023

ChatGPT premium rolls out at $42 a month, Google still catching up

Posted by in categories: finance, robotics/AI

“The crazy part? This will be a money printing machine for OpenAI,” says an expert.

The artificial intelligence research laboratory, OpenAI, has reportedly begun rolling out a premium version of its popular AI chatbot, “ChatGPT Professional.”

“That was quick! OpenAI has reportedly started rolling out a premium version of its viral ChatGPT,” he wrote.

Continue reading “ChatGPT premium rolls out at $42 a month, Google still catching up” »

Jan 20, 2023

Boston Dynamics new ‘Atlas’ robot can grab, throw, and flip

Posted by in categories: finance, robotics/AI

This segment originally aired on January 20, 2023.
Yahoo Finance Live anchors Seana Smith and Dave Briggs look at Boston Dynamic’s new “Atlas” robot, showcasing its mobility, strength, and agility in a simulated work zone.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes.
WATCH HERE:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Continue reading “Boston Dynamics new ‘Atlas’ robot can grab, throw, and flip” »

Jan 19, 2023

CNET’s Article-Writing AI Is Already Publishing Very Dumb Errors

Posted by in categories: finance, robotics/AI

The AI bot that CNET is using to churn out personal finance articles has a relatable problem: it keeps making dumb mistakes.

Jan 19, 2023

A fountain of youth for dogs? This S.F. startup says it’s on the way

Posted by in categories: finance, life extension

Every pet owner knows the heartbreaking reality: Companion animals’ lives are shorter than ours.

Now, a San Francisco biotech startup is working on drugs to help dogs live longer, healthier lives.

Continue reading “A fountain of youth for dogs? This S.F. startup says it’s on the way” »

Jan 13, 2023

Aubrey De Grey: An Antidote to Aging

Posted by in categories: bitcoin, blockchains, cryptocurrencies, finance, life extension

From the beginning, our group has been about coming together to talk about crypto in a safe space. To share tips in a respectful and honest environment where people can make like-minded friends in an inclusive environment. We desire to educate, as well as learn in this ever changing landscape that is crypto. Moving forward we will grow whilst considering our core values.

For more information follow our official socials:
Main TG: https://t.me/whalecointalk.
News TG: https://t.me/whalecointalknews.
Twitter: https://twitter.com/WhaleCoinTalk.
Website: https://www.whalecointalk.com.
Instagram: https://www.instagram.com/whalecointalkofficial.

Continue reading “Aubrey De Grey: An Antidote to Aging” »

Jan 13, 2023

Hertz CEO says their Teslas are saving 50–60% on maintenance costs VS ICE models

Posted by in categories: finance, transportation

Written by Cláudio Afonso | [email protected] | LinkedIn | Twitter

Hertz reported on Monday its second quarter financial results following a conference call with the company’s management team. During the call, Hertz’s CEO said the company has 20,000 cars in the fleet — from the 100,000 deal — and also that deliveries are ongoing.

Jan 12, 2023

DeFi startups need to experiment with new use cases and build solutions, investors say

Posted by in category: finance

Although the crypto ecosystem has faced its fair share of bumps, venture capitalists are still bullish about the space and continue to look at decentralized finance (DeFi) as a promising opportunity.

TechCrunch surveyed six crypto-focused investors about the road ahead for crypto adoption, their sentiment toward DeFi and how the focus in that subsector (by both investors and founders) is growing.

The total value locked (TVL) on DeFi protocols has fallen roughly 77% from all-time highs around $180 billion in December 2021 to about $41 billion on Wednesday, according to DeFiLlama data. But that hasn’t stopped founders, developers and investors from diving into the space.

Jan 9, 2023

Top Self-Driving Car Stories Of 2022 In Review

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

As we enter 2023, these were the big stories in self-driving cars for 2022. You an also check out my summary of early 2022 for more details on that quarter, but these are the game-changers for this year. There’s no doubt this was a year of huge ups and downs. A year where some gave up and others doubled down. A year where the stock market and VC funding took a massive nosedive and companies mostly shrunk, but also a year of great technical progress.

Usually I do this as a countdown to the biggest story, but I’ll spoil it right now and say the big story was the incredible contrast of the good and bad news. So I’m instead going to tell you the good, the bad and the not particularly ugly.


We wrap up the year with the biggest stories in robocars, from the very bad to the very good, of which 2022 had lots of both. Includes video of the stories.

Continue reading “Top Self-Driving Car Stories Of 2022 In Review” »

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