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Researchers from the University of Sussex and Universal Quantum have demonstrated for the first time that quantum bits (qubits) can directly transfer between quantum computer microchips and demonstrated this with record-breaking speed and accuracy. This breakthrough resolves a major challenge in building quantum computers large and powerful enough to tackle complex problems that are of critical importance to society.

Today, quantum computers operate on the 100-qubit scale. Experts anticipate millions of qubits are required to solve important problems that are out of reach of today’s most powerful supercomputers. There is a global quantum race to develop quantum computers that can help in many important societal challenges from to making fertilizer production more energy efficient and solving important problems in nearly every industry, ranging from aeronautics to the financial sector.

In the research paper, published today in Nature Communications, the scientists demonstrate how they have used a new and powerful technique, which they dub “UQ Connect,” to use electric field links to enable qubits to move from one quantum computing microchip module to another with unprecedented speed and precision. This allows chips to slot together like a jigsaw puzzle to make a more powerful quantum .

For artificial intelligence, 2022 was a year of breakthroughs. Image generation models such as DALL-E, MidJourney and StableDiffusion came in early in the year, garnering much attention, and ChatGPT went viral near the end.

Riding on the euphoria generated by these technological developments, about $49 billion in venture capital was invested in AI in 2022 — 40% more than a year earlier, per CB Insights.

Yet, there has been little conversation about how AI will play a growing role in real estate, a more than $50 trillion asset class, and one of the key drivers of the global economy. We believe this represents a significant opportunity for real estate tech entrepreneurs.

Yahoo Finance Live anchors Brian Sozzi, Brad Smith, and Julie Hyman discuss news that Dell will cut over 6,000 jobs amid the ongoing wave of layoffs in the tech industry.
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The results highlight some potential strengths and weaknesses of ChatGPT.

Some of the world’s biggest academic journal publishers have banned or curbed their authors from using the advanced chatbot, ChatGPT. Because the bot uses information from the internet to produce highly readable answers to questions, the publishers are worried that inaccurate or plagiarised work could enter the pages of academic literature.

Several researchers have already listed the chatbot as a co-author in academic studies, and some publishers have moved to ban this practice.


Andrey Suslov/iStock.

It’s not surprising the use of such chatbots is of interest to academic publishers. Our recent study, published in Finance Research Letters, showed ChatGPT could be used to write a finance paper that would be accepted for an academic journal. Although the bot performed better in some areas than in others, adding in our own expertise helped overcome the program’s limitations in the eyes of journal reviewers.

Mentions of the “metaverse” were relatively few and far between in Meta’s quarterly earnings call this week — we counted a mere seven mentions compared to 23 for “AI” — but the company’s investment into its vision of a VR-connected social future remains colossal.

Starting in 2021, Meta began breaking out its Reality Labs VR and AR division into its own segment for financial reporting purposes. That makes it possible to see just how much Meta is pouring into those areas, and the numbers are staggering.

Meta reported $13.7 billion in operating losses for Reality Labs for 2022, more than the already jaw-dropping $10.2 billion it sunk into the division in 2021. Reality Labs brought in $2.16 billion last year in revenue, a drop from $2.27 billion in 2021.

A jury found Elon Musk not liable for costing investors when he issued a series of tweets saying he had “secured” funding to take the electric car maker private.

The Friday verdict, issued by a nine-person Northern California jury, represents a legal victory for the 51-year-old billionaire, who has seen the value of his Tesla holdings decline some 44% over the past year.

During the trial, Musk personally took the witness stand to defend the tweets, testifying he believed he had a handshake agreement in 2018 with Saudi Arabia’s Public Investment Fund to convert Tesla, which is a publicly traded company, into a private one. It was the Saudis, he said, who subsequently reneged on the deal.

…however I found that the trial brings up the practice of short selling, which is why since the 2007 financial crisis has been made illegal everywhere but the USA. For shot sellers to actually try to sue someone is bizarre.

Dr. Ben Goertzel.
SingularityNET

The Coming Consciousness Explosion.

Bio: Dr. Ben Goertzel is a cross-disciplinary scientist, entrepreneur and author. Born in Brazil to American parents, in 2020 after a long stretch living in Hong Kong he relocated his primary base of operations to the rural Seattle area. He leads the SingularityNET Foundation, the OpenCog Foundation, and the AGI Society which runs the annual Artificial General Intelligence conference.

Dr. Goertzel also chairs the futurist nonprofit Humanity+, and serves as Chief Scientist of AI firms Singularity Studio, Rejuve, SingularityDAO and Xccelerando Media, all parts of the SingularityNET ecosystem. As Chief Scientist of robotics firm Hanson Robotics, he led the software team behind the Sophia robot; as Chief AI Scientist of Awakening Health he leads the team crafting the mind behind Sophia’s little sister Grace.

Dr. Goertzel’s research work encompasses multiple areas including artificial general intelligence, natural language processing, cognitive science, machine learning, computational finance, bioinformatics, virtual worlds, gaming, parapsychology, theoretical physics and more. He has published 25+ scientific books, ~150 technical papers, and numerous journalistic articles, and given talks at a vast number of events of all sorts around the globe.

Before entering the software industry Dr. Goertzel obtained his PhD in mathematics from Temple University in 1989, and served as a university faculty in several departments of mathematics, computer science and cognitive science, in the US, Australia and New Zealand.

A threat actor named InTheBox is promoting on Russian cybercrime forums an inventory of 1,894 web injects (overlays of phishing windows) for stealing credentials and sensitive data from banking, cryptocurrency exchange, and e-commerce apps.

The overlays are compatible with various Android banking malware and mimic apps operated by major organizations used in dozens of countries on almost all continents.

Being available in such numbers and at low prices, allows cybercriminals to focus on other parts of their campaigns, development of the malware, and to widen their attack to other regions.

Yahoo Finance automotive reporter Pras Subramanian explains Rivian’s recent round of layoffs amid pressures to ramp up its EV production targets.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes.
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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.

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