Search results for "IT"

Monty Mobile, the 1st Global Telco Company Integrating AI to Revolutionize Its Value-Added Services

UK-London, 30 March 2023 – Monty Mobile, the fast-growing global telecommunication company offering innovative technology and communication solutions, is announcing the integration of AI and machine learning into its value-added services (VAS). This integration, dubbed OmniVAS, will allow the Mobile Operators to double-digit their revenues, in no time. By leveraging data mining, this state-of-the-art AI solution […]

Quantum Computing in Banking: Is any of It a Good Idea?

As we speak, our traditional trust-based banking system is crumbling down like a house of cards. Most experts hope that blockchain-based finance, or in other words, no-trust finance, will salvage the economy. Now, more than ever before, people are careful where they invest their money. But with the threat of malicious quantum computing use cases, […]

Elon Musk and Others Urge AI Pause, Citing ‘Risks to Society’

Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, in an open letter citing potential risks to society and humanity. Earlier this month, Microsoft-backed OpenAI unveiled the fourth iteration of its GPT (Generative Pre-trained Transformer) AI […]

Cryptoverse: Buoyant Bitcoin's Losing Its Liquidity

Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No.1 cryptocurrency has jumped 40% to around $27,700 since March 10, when the failure of Silicon Valley Bank […]

Relativity Space Launch Largest Ever 3D-printed Spacecraft

Relativity Space could revolutionise space travel with 3D printing. Relativity Space launched its Terran 1, an entirely 3D-printed rocket, from Launch Complex 16 in Cape Canaveral, Florida last Wednesday night. Standing at 110 ft. tall and 7.5 ft. wide, Terran 1 is the largest 3D-printed object to attempt orbital flight. As a two-stage, expendable rocket, […]

UK Watchdog to Soften Sustainability Disclosures for Asset Managers

Britain’s financial watchdog said on Wednesday the introduction of new sustainability disclosure requirements (SDR) for asset managers to prevent greenwashing will be pushed back and softened to avoid excluding many funds. The new requirements aim to stop asset managers over-inflating the sustainability credentials of investment funds they sell – so-called greenwashing. The Financial Conduct Authority […]

Canada Steps up Clean Tech Investments in Budget to Compete With U.S

Canada on Tuesday sought to close competitive gaps with United States with a budget aimed at attracting investment in the low-carbon economy, including tax incentives for electric-vehicle (EV) manufacturers and expanding the electricity grid. The 2023-2024 fiscal document, delivered to the House of Commons, also has a “grocery rebate” for 11 million low-income Canadians, an […]

Microsoft Introduces AI-Powered Cybersecurity Assistant

 Microsoft Corp on Tuesday launched a tool to help cybersecurity professionals identify breaches, threat signals and better analyze data, using OpenAI’s latest GPT-4 generative artificial intelligence model. The tool, named ‘Security Copilot’, is a simple prompt box that will help security analysts with tasks like summarizing incidents, analyzing vulnerabilities and sharing information with co-workers on […]

Microsoft Offers to Change Cloud Practices to Ward off EU Antitrust Probe -Source

Microsoft Corp has offered to change its cloud computing practices to settle antitrust complaints filed by smaller rivals, a person with direct knowledge of the matter said on Tuesday, a move that will stave off an EU investigation. French cloud computing services provider OVHcloud, Italian cloud service provider Aruba and a Danish association of cloud […]

First Citizens Shares Hit Record High in Wake of SVB Purchase

Shares of First Citizens BancShares Inc climbed to a record high on Tuesday, extending gains for a second day after scooping up the assets of failed peer Silicon Valley Bank. First Citizens BancShares rebounds to record high, https://fingfx.thomsonreuters.com/gfx/mkt/gdvzqkemmpw/Pasted%20image%201680024643514.png First Citizens rallied as much as 7.2%, briefly hitting an all-time peak of $959.99 before paring gains. […]