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Archive for the ‘finance’ category: Page 6

Sep 20, 2024

Brains Could Help Solve a Fundamental Problem in Computer Engineering

Posted by in categories: biotech/medical, finance, mobile phones, quantum physics, robotics/AI

In recent years, these technological limitations have become far more pressing. Deep neural networks have radically expanded the limits of artificial intelligence—but they have also created a monstrous demand for computational resources, and these resources present an enormous financial and environmental burden. Training GPT-3, a text predictor so accurate that it easily tricks people into thinking its words were written by a human, costs $4.6 million and emits a sobering volume of carbon dioxide—as much as 1,300 cars, according to Boahen.

With the free time afforded by the pandemic, Boahen, who is faculty affiliate at the Wu Tsai Neurosciences Institute at Stanford and the Stanford Institute for Human-Centered AI (HAI), applied himself single mindedly to this problem. “Every 10 years, I realize some blind spot that I have or some dogma that I’ve accepted,” he says. “I call it ‘raising my consciousness.’”

This time around, raising his consciousness meant looking toward dendrites, the spindly protrusions that neurons use to detect signals, for a completely novel way of thinking about computer chips. And, as he writes in Nature, he thinks he’s figured out how to make chips so efficient that the enormous GPT-3 language prediction neural network could one day be run on a cell phone. Just as Feynman posited the “quantum supremacy” of quantum computers over traditional computers, Boahen wants to work toward a “neural supremacy.”

Sep 17, 2024

Bernhard Riemann — The Notorius German Mathematician

Posted by in categories: education, finance, mathematics, neuroscience

Mathematician Bernhard Riemann was born #OTD in 1826.


Bernhard Riemann was another mathematical giant hailing from northern Germany. Poor, shy, sickly and devoutly religious, the young Riemann constantly amazed his teachers and exhibited exceptional mathematical skills (such as fantastic mental calculation abilities) from an early age, but suffered from timidity and a fear of speaking in public. He was, however, given free rein of the school library by an astute teacher, where he devoured mathematical texts by Legendre and others, and gradually groomed himself into an excellent mathematician. He also continued to study the Bible intensively, and at one point even tried to prove mathematically the correctness of the Book of Genesis.

Although he started studying philology and theology in order to become a priest and help with his family’s finances, Riemann’s father eventually managed to gather enough money to send him to study mathematics at the renowned University of Göttingen in 1846, where he first met, and attended the lectures of, Carl Friedrich Gauss. Indeed, he was one of the very few who benefited from the support and patronage of Gauss, and he gradually worked his way up the University’s hierarchy to become a professor and, eventually, head of the mathematics department at Göttingen.

Sep 13, 2024

New Android Malware ‘Ajina.Banker’ Steals Financial Data and Bypasses 2FA via Telegram

Posted by in categories: cybercrime/malcode, finance, robotics/AI

New Android malware ‘Ajina. Banker’ targets bank customers in Central Asia, stealing financial data and intercepting 2FA messages via Telegram channels.

Sep 3, 2024

SparkLabs closes $50M fund to back AI startups

Posted by in categories: finance, robotics/AI

SparkLabs — an early-stage venture capital firm that has made a name for itself for backing OpenAI as well as a host of other AI startups such as Vectara, Allganize, Kneron, Anthropic, xAI, Glade (YC S23) and Lucidya AI — is gearing up to double down on more startups in the space. The VC firm announced Tuesday that it has closed a new $50 million fund, AIM AI Fund, which will back AI startups out of its own AIM-X accelerator in Saudi Arabia as well as other AI startups across the globe.

SparkLabs’ new fund and its wider investment aims underscore the bigger trends that have swirled around artificial intelligence for the last few years. The explosion of interest in generative AI in particular has led to a surge of startups in the space, as well as a rush of investors looking for the next Open AI — or at the very least, a startup that a bigger company might snap up as it looks to sharpen its own AI edge.

It also points to how the AI opportunity continues to widen beyond Silicon Valley. AIM-X is an AI-focused startup accelerator that SparkLabs launched earlier this year in the kingdom as part of its AI Mission, a national initiative to bolster AI technology over the next five years.

Sep 3, 2024

How Predictive AI Can Optimize Business Processes In Healthcare

Posted by in categories: biotech/medical, business, finance, health, robotics/AI

Finally, the goal of any healthcare organization is to provide the best possible care to patients. Predictive AI can contribute significantly to this goal by enabling more accurate diagnoses, tailored treatment plans and earlier interventions.

From the patient’s perspective, this translates to better health outcomes, reduced hospital stays and increased satisfaction with their care. For healthcare organizations, improved patient experiences lead to higher patient retention rates, positive word-of-mouth referrals and better performance on patient satisfaction metrics, which are increasingly tied to reimbursement rates in many healthcare systems.

As we’ve explored, the benefits of predictive AI extend far beyond improved diagnostics and treatment plans. It’s a catalyst for operational excellence, financial optimization, availability of investments and long-term growth. From resource management to building an authoritative brand, predictive AI touches every aspect of the healthcare business environment.

Aug 31, 2024

Stock market today: US stocks slip as traders count down to Nvidia earnings

Posted by in category: finance

“For equities, all attention is now on Nvidia’s earnings release tonight, which has helped to drive significant moves recent quarters,” Deutsche Bank strategists said in a note Wednesday morning. “Bear in mind that Nvidia’s share price is already up +159% on a YTD basis, making it the top performer in the entire S&P 500, and it has risen by more than +1000% since its low in October 2022.”

Traders are also waiting on comments from Atlanta Fed President Raphael Bostic, who’s scheduled to speak after the closing bell. His remarks could provide more guidance on the path of Fed rate cuts this year, with investors pricing in as many as 150 basis points worth of cuts by year-end, according to the CME FedWatch tool.

Aug 30, 2024

Dr. Deborah Sesok-Pizzini, MD, MBA — Chief Medical Officer & Senior VP, Labcorp Diagnostics

Posted by in categories: biotech/medical, business, finance, health

Innovative Diagnostic Solutions To Enhance Patient Experiences And Health Provider Decisions — Dr. Deborah Sesok-Pizzini, MD, MBA — Chief Medical Officer & Senior Vice President, Labcorp Diagnostics; Global Head of Quality And Discipline Director, Immunohematology.


Dr. Deborah Sesok-Pizzini, MD, MBA, is Chief Medical Officer And Senior Vice President, Labcorp Diagnostics, and Global Head of Quality And Discipline Director, Immunohematology, Labcorp (https://www.labcorp.com/deborah-sesok…), where she is involved in furthering the company’s initiatives to enhance the patient experience, enable health provider decisions and develop innovative testing solutions.

Continue reading “Dr. Deborah Sesok-Pizzini, MD, MBA — Chief Medical Officer & Senior VP, Labcorp Diagnostics” »

Aug 23, 2024

Elevating Humanity Through Technology | Deep Interview with Mikey Siegel

Posted by in categories: biotech/medical, finance, robotics/AI, singularity

Mikey Siegel, with a background in robotics from the MIT Media Lab, shares insights from his decade-long exploration into technology’s role in human well-being and consciousness. He discusses the profound potential of Artificial General Intelligence (AGI) shaped with compassionate and wise values. Siegel emphasizes the importance of the human developmental process in creating benevolent AI and the integration of contemplative practices in tech development. He envisions a future where AGI supports human development globally with love and care, akin to a parent nurturing a child, ultimately fostering a connected and compassionate society.

00:00 Introduction to Mikey Siegel and His Work.
01:09 The Profound Impact of AGI on Humanity.
02:42 The Role of AI in Shaping Reality.
04:06 The Vision of a Compassionate Super Intelligence.
07:26 Creating AI from a Culture of Compassion.
07:51 Integrating Human Development in AI Creation.
09:28 Ownership and Developmental Stages of AI
12:13 Demystifying the Mystical Through Science.
14:53 Preparing for the Future of AI

Continue reading “Elevating Humanity Through Technology | Deep Interview with Mikey Siegel” »

Aug 19, 2024

Scientists harness quantum microprocessor chips for advanced molecular spectroscopy simulation

Posted by in categories: cybercrime/malcode, finance, quantum physics, robotics/AI

Quantum simulation enables scientists to simulate and study complex systems that are challenging or even impossible using classical computers across various fields, including financial modeling, cybersecurity, pharmaceutical discoveries, AI and machine learning. For instance, exploring molecular vibronic spectra is critical in understanding the molecular properties in molecular design and analysis.

Aug 17, 2024

Can AI spot vulnerabilities in infrastructure software?

Posted by in categories: finance, robotics/AI

DARPA is giving seven teams $2 million to hone tools for scrutinizing the open-source code that underpins everything from banks to water systems.

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