Lifeboat Foundation

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.

Dubai’s crypto regulator plans to quadruple its headcount over the next few months to handle hundreds of license applications after drawing up new rules to attract industry players to the Middle Eastern financial hub.

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.

Continue reading “Study claims ChatGPT not a threat but potential electronic assistant” »

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.

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Dr. Ben Goertzel.
SingularityNET

The Coming Consciousness Explosion.

Continue reading “The Coming Consciousness Explosion | Dr. Ben Goertzel | SCS2022” »

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.
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 “Rivian announces plans to layoff 840 workers amid EV price wars” »