Search results for "new ai"

Meta to Keep Facing Apple Privacy Pinch, TikTok Heat for Now

Stiff competition from TikTok and Apple Inc’s privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term, Wall Street analysts said. At least 16 brokerages cut their price targets on Meta after the company reported its first-ever quarterly revenue drop on Wednesday, highlighting challenges faced by U.S. companies […]

Factbox-The Crypto Crash Hit These Companies the Hardest

Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world’s largest digital asset, bitcoin, down more than 56 percent from this year’s high. Several crypto companies have filed for bankruptcy or have been forced to look for emergency capital infusions. THREE ARROWS CAPITAL Singapore-based crypto […]

Top Model Bella Hadid Joins Metaverse with NFT Collection

U.S. supermodel Bella Hadid has stepped from the catwalk into the metaverse with the launch of CY-B3LLA – a collection of Non-Fungible Tokens featuring artwork based on 3-D scans of her face and body. Hadid, 25, told Reuters in an interview from New York that she was intrigued by shared virtual world environments and that […]

How the Use of Technology in Football Has Changed the Game

Those who aren’t big fans of football, or soccer, if you come from the US, will be surprised to know how much technology in football there is. No, the players aren’t going to be wearing mech suits anytime soon, although that might make things even more interesting, for the longest time, football organizers have been […]

Racism in Facial Recognition Technology

Facial recognition is everywhere, even if we are not aware of it. In its most abstract form, this innovation is surrounding us and keeping track of every move, fueled by one thing, face recognition technology algorithm. But can algorithms discriminate? What if algorithms used in artificial intelligence (AI) are simply beneficial as the data adopted […]

Neoen Australia Battery to Provide Grid Stabilisation Service in World First

Neoen SA has won approval for its big battery in South Australia to provide inertia service to stabilise the grid, a world first for battery energy storage in the push to replace fossil-fueled generators, the French firm said on Wednesday. Neoen’s 150-megawatt Hornsdale Power Reserve uses Tesla Inc’s Megapack battery system and will now use […]

Biden Meets CEOs, Labor; Backs Bill to Boost U.S. Chips Production

President Joe Biden met virtually on Monday with the chief executives of Lockheed Martin Corp, Medtronic PLC and Cummins Inc along with labor leaders as part of the administration’s push for legislation to boost the U.S. semiconductor industry. “Congress must pass this bill as soon as possible,” Biden said. “There is an economic imperative…. This […]

U.S. Energy Department Set to Loan GM Battery Joint Venture $2.5 Billion

The U.S. Energy Department on Monday announced it intends to loan a joint venture of General Motors Co and LG Energy Solution $2.5 billion to help finance construction of new lithium-ion battery cell manufacturing facilities. The conditional commitment for the loan to Ultium Cells LLC for facilities in Ohio, Tennessee, and Michigan is expected to […]