Tokyo can boast of political stability, a soaring stock market and potential victory over deflation, though longer-term challenges remain.
Category: finance – Page 48
Save the date: Rejuvenation Startup Summit 2024: May 10–11 in Berlin
The Forever Healthy Foundation is pleased to announce the second edition of the Rejuvenation Startup Summit, following the inaugural Rejuvenation Startup Summit in 2022 with more than 400 participants from over 30 countries. It will take place on 10–11 May 2024 in Berlin. The Rejuvenation Startup Summit is the world’s largest in-person gathering of longevity startups. It brings together startups, members of the longevity venture capital / investor ecosystem, and researchers interested in starting or joining a startup – all with the goal of accelerating the development of the rejuvenation biotech industry.
Big Tech is already warning us about AI privacy problems
That is, if you’re paying attention.
So Apple has restricted the use of OpenAI’s ChatGPT and Microsoft’s Copilot, The Wall Street Journal.
It’s not just Apple, but also Samsung and Verizon in the tech world and a who’s who of banks (Bank of America, Citi, Deutsche Bank, Goldman, Wells Fargo, and JPMorgan). This is because of the possibility of confidential data escaping; in any event, ChatGPT’s privacy policy explicitly says your prompts can be used to train its models unless you opt out. The fear of leaks isn’t unfounded: in March, a bug in ChatGPT revealed data from other users.
Apple’s banned the use of OpenAI — as has Samsung, Verizon, and a who’s who of banks. Should the rest of us be concerned about how our data’s getting used?
Stability AI Releases StableStudio, the Open-Source Future of DreamStudio
Stability AI, the AI startup behind the text-to-image model Stable Diffusion, this week announced the release of StableStudio, an open source version of DreamStudio, Stability AI’s commercial AI-powered design suite.
In a blog post, Stability AI writes that it hopes to “foster a project [that] can outpace anything developed by a single company,” alluding to recent investments in the generative AI space from tech giants like Microsoft, Google and Amazon.
“We believe the best way to expand upon that impressive reach is through open, community-driven development rather than a private iteration of a closed-source product,” Stability AI said. “Our goal is to work with the broader community to create a world-class user interface for generative AI [that] users fully control.”
DreamStudio was first imagined as an animation studio for the open source generative AI art model Disco Diffusion. Focus shifted last year toward image generation with the arrival of Stable Diffusion, which brought DreamStudio more in line with rival generative image platforms like MidJourney and Nightcafe.
The differences between StableStudio and DreamStudio are relatively minor. StableStudio doesn’t have DreamStudio branding or Stability-specific account features, like billing and API management, and API calls on the backend have been replaced by a plugin system.
Stability AI stressed that, going forward, DreamStudio will become its preferred, managed instance of StableStudio and stay up to date with StableStudio “whenever possible.”
“The release of StableStudio reiterates Stability AI’s commitment to open-source and transparency,” the company continued. “We’re eager to see what the community will create.”
ChatGPT rival Claude AI can comprehend an entire book in seconds
ChatGPT’s capabilities in comparison are miniscule even when using GPT-4.
Claude AI, the ChatGPT-rival from Anthropic, can now comprehend a book containing about 75,000 words in a matter of seconds. This is a huge leap forward for chatbots as businesses seek technology that can churn out large pieces of information quickly.
Since the launch of ChatGPT, we have also seen companies such as Bloomberg and JP Morgan Chase look to leverage the power of AI to make better sense of the finance world. While this process has taken them at least a few months, Anthropic, with its Claude AI, can reduce the time taken to just a few seconds.
Where Healthcare Meets Tech: Three Crucial Areas Of Discussion
We’re currently working with companies that develop software and tools that make surgery smarter and safer while they empower surgeons and providers to improve patient outcomes, enhance operational efficiency and increase profitability with data-driven surgery using AI, automation and operating room analytics. This is where analytic components such as data lakes and warehouses are already making a difference in healthcare. We’ve seen them capable of powering millions of facts and patient records at a time. Tied to expertise, these tools allow data-informed decisions for measurable improvements in clinical, financial and operational aspects.
For instance, we’ve helped design and develop surgical applications to improve operating room efficiency, tele-surgery, data lake construction and surgical analytics. Clients come back with feedback on our skills and technical experience, feeling supported by the flexibility and technical boost we give their teams.
Collaboration between technology outsourcing companies and healthcare providers can result in considerable optimization, including improved patient care and maximized processes. Tech providers can strive for the perfect collaborative balance with the above key conversations while boosting robust ecosystems, shared platforms and data.
Elon Musk Buys Ten Thousand GPUs for Secretive AI Project
Twitter CEO Elon Musk has bought around 10,000 graphics cards and is hiring AI experts to build a ChatGPT competitor within Twitter, Insider reports.
That’s despite the billionaire CEO repeatedly voicing concerns over AI chatbots like ChatGPT, and even signing an open letter calling for a six-month moratorium on developing AIs more advanced than OpenAI’s GPT-4.
Training a large language model like OpenAI’s highly popular AI chatbot takes a lot of computational power, which means Musk had to dig deep in his sizeable pockets — tens of millions of dollars, according to Insider — to finance the project.
Big Banks Face Billions in Extra FDIC Fees After SVB Failure
The costs used to recover the deposits for the failed US regional banks will be paid by other US banks especially the larger banks.
The largest US lenders face billions of dollars in extra fees to replenish the government’s bedrock deposit insurance fund. The move comes after the fund was tapped to backstop uninsured depositors at Silicon Valley Bank and Signature Bank. Su Keenan reports on Bloomberg Television.
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