Search results for "big tech"

China Uses AI Software to Improve its Surveillance Capabilities

Dozens of Chinese firms have built software that uses artificial intelligence to sort data collected on residents, amid high demand from authorities seeking to upgrade their surveillance tools, a Reuters review of government documents shows. According to more than 50 publicly available documents examined by Reuters, dozens of entities in China have over the past […]

AI is Explaining Itself to Humans. And it's Paying Off

Microsoft Corp’s LinkedIn boosted subscription revenue by 8 percent after arming its sales team with artificial intelligence software that not only predicts clients at risk of canceling, but also explains how it arrived at its conclusion. The system, introduced last July and described in a LinkedIn blog post on Wednesday, marks a breakthrough in getting […]

GM and Honda to Produce 'Attainable EVs' in Bid to Surpass Tesla Sales

General Motors and Honda Motor Co said on Tuesday they will develop a series of lower-priced electric vehicles based on a new joint platform, producing potentially millions of cars from 2027 in a bid to beat Tesla in sales. The announcement expands on plans for GM to begin building two electric SUVs for Honda starting […]

Britain Sets Out Plan to Exploit Crypto Potential

Britain set out a detailed plan on Monday to exploit the potential of crypto assets and their underlying blockchain technology to help consumers make payments more efficiently. As part of creating a global crypto asset hub, financial services minister John Glen said Britain will legislate to bring some stablecoins under the regulatory net such as […]

JPMorgan's Dimon Warns of Potential $1 Billion Loss from Russia Exposure

JPMorgan boss Jamie Dimon warned on Monday that the bank could lose about $1 billion on its Russia exposure, the first time it has detailed the extent of its potential losses resulting from the conflict in Ukraine. In his keenly watched annual letter to shareholders, the chairman and chief executive of the biggest U.S. bank […]

Carmakers Dream of Clean, Green, Mean Electric Machines

An electric car is a clean car, right? If only it were so simple. From motor magnets with toxic histories to batteries made using copious fossil-fuel power, many challenges face carmakers seeking to purge dirtier materials from their supply chains to satisfy regulators and investors. These obstacles represent opportunities for a growing group of companies […]

Li-Fi: Is It Better Than Wi-Fi? And Proper Substitute?

Wireless Fidelity, or simply Wi-Fi, standardized under IEEE 802.11, revolutionized the way we connect and access the internet. It allowed ubiquitous connectivity and a declining dependence on wired Ethernet connections and modems. Wi-Fi has become an integral part of our life with our houses, workplaces, leisure centers, even public transportation facilities, among others, equipped with […]

Can Artificial Intelligence Become a Threat?

We’ve all been warned of its detrimental effect on societies, intelligence, and even humanity as a whole. Artificial Intelligence (AI) has existed since the emergence of computing power, and with it – throughout the years – came the ultimate hypothesis, can artificial intelligence become a threat to humanity? Will intellectually advanced AI systems inevitably detach […]

World Stocks Set for Consecutive Weekly Gains for First Time in 2022

World stocks are headed for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Federal Reserve’s policy tightening and Russia’s war in Ukraine. Technology shares in Hong Kong led losers and weighed on the broader market after U.S. regulators […]