Facebook-owner Meta published an artificial intelligence model on Wednesday that can pick out individual objects from within an image, along with a dataset of image annotations that it said was the largest ever of its kind. The company’s research division said in a blog post that its Segment Anything Model, or SAM, could identify objects […]
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The U.S. dollar was stuck near two-month lows on Wednesday as weak economic data bolstered views that the Federal Reserve is near the end of its tightening cycle, while the New Zealand dollar jumped after a larger-than expected interest rate hike. New Zealand’s central bank raised interest by 50 basis points (bps) to a more […]
The Biden administration on Tuesday released final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal. The Inflation Reduction Act (IRA) passed last year by Democrats extended a 30% tax credit for wind, solar and other green energy projects, […]
Alphabet Inc’s Google released on Tuesday new details about the supercomputers it uses to train its artificial intelligence models, saying the systems are both faster and more power-efficient than comparable systems from Nvidia Corp. Google has designed its own custom chip called the Tensor Processing Unit, or TPU. It uses those chips for more than […]
Rising geopolitical tensions and the resulting fragmentation of the global economy could increase financial stability risks, reducing cross-border investments, asset prices, payment systems and banks’ ability to lend, the International Monetary Fund said on Wednesday. The IMF has long warned of increased costs, economic friction and GDP output losses associated with the global economy fragmenting […]
U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before making them public. Biden told science and technology advisers that AI could help in addressing disease and climate change, but it was […]
U.S. President Joe Biden on Tuesday said it remains to be seen whether artificial intelligence is dangerous, but he underscored that technology companies have a responsibility to ensure their products are safe before making them public. Biden told his science and technology advisers that AI could help in addressing disease and climate change, but it […]
High school students and their tutors in Cyprus have developed a prototype robot powered with ChatGPT artificial intelligence technology to harness and improve teaching experiences in the classroom. Named AInstein, the squat robot created by three Pascal Schools in Cyprus stands roughly the size of a small adult and looks like a sculpted version of […]
Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology. The technologist-turned-philanthropist said it would be better to focus on how best to use the developments in AI, as […]
The Biden administration on Tuesday will release final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal. The Inflation Reduction Act (IRA) passed last year by Democrats extended a 30% tax credit for wind, solar and other green energy […]