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White House Eyes Dynan, Eberly for Fed Vice Chair Post, WSJ Says

The White House is considering two economists who held senior Treasury Department posts in the Obama administration for the No. 2 job at the Federal Reserve, the Wall Street Journal reported on Wednesday. Both Janice Eberly and Karen Dynan served as the chief economist at Treasury during Barack Obama’s presidency and are well regarded by […]

Lung Cancer Warning System: The First of Its Kind

Recently, AI-related headlines have been mainly along the lines of how the technology will steal our jobs and make our lives difficult. And not to play the devil’s advocate, but aren’t we missing the bigger picture here? Artificial intelligence is much more than what mainstream media is having you believe. In fact, it could be […]

U.S. Manufacturers See Big Boost from Government Subsidies and Tax Breaks

A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio […]

Trade Group Argues U.S. SEC Case Unfairly Labels Crypto as Securities

Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. securities regulator against ex-Coinbase employees accused of insider trading, arguing that the case unfairly labeled several crypto assets as securities. The group said in an amicus brief filed Wednesday in a district court in Washington […]

Mercedes-Benz Cars to Have ‘Supercomputers’, Unveils Google Partnership

Mercedes-Benz said on Wednesday it has teamed up with Google on navigation and will offer “super computer-like performance” in every car with automated driving sensors as it seeks to compete with Tesla and Chinese newcomers. Automakers new and old are racing to match software-powered features pioneered by Tesla, which allow for vehicle performance, battery range […]

Marketmind: Blue Chips Cheered Up

For markets increasingly wary of the inflation and interest rate implications of re-accelerating world growth, the positive of a new burst of economic confidence in the tech sector adds some cheer at least. The new year craze in artificial intelligence and chatbots seems to have electrified chip designer Nvidia, whose stock surged more than 8% […]

AI Traffic Management Is Not an Employment Threat

We are becoming too many. Billions of phone users worldwide generate data, more importantly, create traffic. Telecom operators need help handling such traffic, and AI is here to help. In the current digital age, telecom services are a necessity. Telecommunication is a necessity for all essential services. Telecom companies must make sure their services are […]

Galaxies Spotted by Webb Telescope Rewrite Understanding of Early Universe

Observations by NASA’s James Webb Space Telescope are upending the understanding of the early universe, indicating the presence of large and mature but remarkably compact galaxies teeming with stars far sooner than scientists had considered possible. Astronomers said data obtained by the telescope reveals what appear to be six big galaxies as mature as our […]

For Tech Giants, AI Like Bing and Bard Poses Billion-Dollar Search Problem

As Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting for the high […]

Factbox - Chinese Firms Working on Chatgpt-Style Technology

The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of local companies to announce rival projects. Like Microsoft and Google,Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for years. […]