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Global Markets Tumble as AI Stocks Lead Decline in US and Asia
Global financial markets in both the US and Asia have seen significant declines as investors pull back from technology stocks, with AI-related shares experiencing substantial losses. In Wednesday’s trading in New York, the S&P 500 fell by 2.3%, and the tech-centric Nasdaq dropped by 3.6%, marking their largest one-day declines since 2022. The Dow Jones […] More
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AI to Combat Pickpocketing: A Modern Approach to Urban Safety
Pickpocketing, a crime as old as time, continues to plague cities worldwide. While human vigilance remains essential, technology is emerging as a powerful ally in the fight against these nimble thieves. Artificial intelligence (AI) offers a promising arsenal of tools to deter, detect, and prevent pickpocketing. Predicting the Crime Before It Happens AI’s predictive capabilities […] More
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OpenAI Board Ends Microsoft and Apple Observer Roles
Microsoft has relinquished its observer seat on the board of OpenAI, while Apple will not be taking up a similar role, amid increasing global regulatory scrutiny of Big Tech’s investments in AI startups. Microsoft, which has invested $13 billion in OpenAI, the creator of the ChatGPT chatbot, announced in a letter to OpenAI that its […] More
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China Surges Ahead in Generative AI Patents: Tencent and Baidu Lead the Charge
China has taken the lead in the global race for generative artificial intelligence patents, with over 38,000 patents filed between 2014 and 2023, according to a new report from the United Nations on Thursday. This number is significantly higher than the patents filed by U.S. inventors, which is six times less, as stated by the […] More
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Google’s AI Increases Emissions by 48%, Aiming for Net Zero by 2030
Google’s greenhouse gas emissions have elevated by using 48% in view that 2019, particularly because of the growing power demands of AI. While Google ambitions for net 0 emissions by way of 2030, the mixing of AI makes this challenging. The corporation’s information centers, mainly in areas using much less carbon-loose power, make contributions drastically […] More
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Snap Launches AI Tools for Advanced Augmented Reality
Snapchat owner, Snap, announced on Tuesday, June 18, that its latest GenAI technology will offer users more realistic filters and effects for self-recordings. The new tools aim to enhance the augmented reality (AR) experience on Snapchat, with users gaining access to advanced AR special effects, known as lenses, in the coming months. New Developments in […] More
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The Double-Edged Sword: AI in Cost-Cutting and Reputation Management
Artificial intelligence (AI) is rapidly revolutionizing the business landscape, with one of its most compelling promises being the potential to slash operational costs remarkably. From automating repetitive tasks to streamlining logistics, AI offers numerous ways a company can tighten its belt. However, the implementation of AI also carries potential reputational risks. Let us now add […] More
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Smartening Up Your Security: AI-Powered Devices for a Safer Home
Feeling a bit vulnerable in your own castle? In today’s tech-driven world, fortifying your home security doesn’t just involve beefing up the locks. A new breed of security devices powered by artificial intelligence (AI) is emerging, offering a smarter and more proactive approach to safeguarding your home. Let’s explore some of these AI-powered options readily […] More
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The Rise of the Machines: AI Soon To Replace Call Center Jobs?
The rise of Artificial Intelligence (AI) has ignited a conversation about its impact on the workforce, with call centers being a focal point. News reports and industry analyses often paint a bleak picture, predicting mass job losses. But is the reality so clear-cut? Let’s delve into the potential impact of AI on call centers, explore […] More
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Revolutionizing the Ride: How AI is Shaping the Future of Car Design
The automotive industry is on the cusp of a transformative era, fueled by the power of Artificial Intelligence (AI). While AI’s impact on self-driving cars is widely discussed, its influence extends beyond just autonomous vehicles. AI is rapidly changing the way cars are designed, engineered, and even experienced, with exciting possibilities for the future. Let’s […] More
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