The integration of AI into wealth advisory practices offers efficiency, personalization, and data-driven decision-making, but client-to-advisor relationships driven by humans remain essential.
Yann LeCun, the chief AI scientist at Meta, revealed that he turned down a job offer from Google in 2002 due to low compensation, the company's size, and the need to focus on research.
The Johns Hopkins Artificial Intelligence and Technology Collaboratory for Aging Research has announced the recipients of its grant funding, totaling over $1 million, to develop and implement artificial intelligence technologies to improve the health and well-being of older adults, including projects focused on mobility assistance and mental health maintenance.
Investors predict that AI startups in 2024 will see continued funding, a shift towards more durable businesses, and a second wave of startups focused on specific sectors, such as verticalized AI applications with industry-specific training data and knowledge.
Jefferies downgraded Palantir (PLTR) to "underperform" from "hold" due to an "overhyped" perception of the stock's artificial intelligence capabilities and underestimated slowdown in its commercial and government businesses.
Natural language processing (NLP) enables computers to understand language like humans do, making it an essential technology for AI-powered chatbots and other enterprise applications, although it faces challenges in evolving to understand human emotion and nuances.
The Federal Trade Commission (FTC) is organizing a virtual summit to address the evolving field of artificial intelligence (AI) and its impact on consumers and competition, with a focus on infrastructure, data and AI models, and AI-powered consumer applications. The summit will feature representatives from academia, industry, civil society organizations, and government, as well as remarks from the three Democratic FTC commissioners.
Artificial intelligence is being used in sports franchises to improve fan experiences by leveraging data for faster entry into stadiums, personalized promotions, and real-time analytics.
Disney and Apple shareholders will have the opportunity to vote on proposals regarding the use of artificial intelligence after the Securities and Exchange Commission determined that the companies could not exclude the proposals from their annual shareholder meetings.
Nikon, Sony, and Canon are introducing tamper-resistant digital watermark technology to their cameras to help verify the authenticity of photos, but this alone won't address the problem of AI-generated deepfakes on social media, which pose a threat to trust and credibility in journalism.
IBM aims to position itself as a leader in artificial intelligence, but Wall Street analysts believe it needs to do more to gain market conviction.
An artificial intelligence model has been used to analyze the linguistic influences behind English place names, providing insights into their meanings.
Paris-based startup Nabla has raised $24 million in Series B funding for its AI copilot for doctors, which creates written transcripts and medical reports to help physicians save time on administrative work. The funding round was led by Cathay Innovation, and Nabla has reached a valuation of $180 million. The company focuses on data processing rather than storing, and does not store audio or medical notes on its servers without the consent of both doctors and patients.
A team of researchers at ETH Zurich has developed an AI robot called CyberRunner that has beaten the human record in playing the wooden labyrinth maze game, demonstrating that AI can outperform humans in both intellectual and physical tasks.
AI art-generating program Midjourney has allegedly been training its algorithm on the work of Magic: The Gathering artists, according to claims made by artist Reid Southern; this comes alongside an ongoing lawsuit that accuses Midjourney of scraping the work of over 4,700 artists, highlighting the ethical and copyright concerns surrounding AI-generated art.
California Senator Bill Dodd has introduced a bill, known as the California AI Accountability Act, to regulate the use of artificial intelligence by state agencies and address the potential risks to consumer privacy, transparency, and fairness. The bill aims to create guidelines for AI use, require notice to the public when interacting with AI, and encourage collaboration and investment in AI education.
The Walt Disney Co. and Apple will have to include shareholder proposals from the AFL-CIO Equity Index Funds on their use of artificial intelligence (AI) in their business operations as well as ethical guidelines in their upcoming proxy statements, according to a ruling by the Securities and Exchange Commission (SEC).
The Magnificent Seven stocks saw significant gains in 2023, driven by the rise of generative artificial intelligence, with Nvidia, Microsoft, and Meta Platforms among the top performers, while Apple and Amazon also thrived but lagged behind in gen AI. Wall Street is closely monitoring the impact of the competition in the AI battleground.
Jefferies analyst Brent Thill downgraded Palantir Technologies (PLTR) stock to underperform, stating that it is overhyped on AI, as the stock fell 1.8% in morning trades and has been down 5% in 2024 after advancing 167% in 2023.
A meta-imager lens developed at Vanderbilt University has the potential to replace traditional imaging optics, increasing speed and reducing power consumption in machine-vision applications.
The lawsuit between major music publishers and artificial intelligence company Anthropic over copyright infringement may determine whether copyrighted materials can be used to train AI technologies without a license, potentially shaping the future of AI and copyright law.
Artificial intelligence chatbots and large language models are prone to generating hallucinations, which are fabricated facts that seem plausible but are not true, and while efforts are being made to minimize these inaccuracies, they can serve as a source of creative inspiration and assist with brainstorming, leading some experts to argue that they should be kept around even if they can be largely eliminated, as they provide a valuable alternative perspective and can prevent overreliance on AI for tasks that still require human judgment and fact-checking.
Pharma and biotech stocks are expected to make significant gains in 2024 due to multibillion-dollar deals, positive clinical results, and advancements in medical technology such as CRISPR gene-editing.
AI has the potential to enhance smartphones, but companies must ensure that it is implemented effectively and not used as a cheap marketing tool. Google and Samsung are leading the way in integrating AI into their devices, but their success relies on properly utilizing the technology.
Intel stock is not recommended among the top 10 stocks to invest in, according to The Motley Fool, who instead suggests stocks that could provide significant returns in the future.
Stocks fall as stronger-than-expected jobs report leads to a decline in Dow Jones futures and an analyst downgrade causes a drop in Palantir Technologies stock.
The year 2023 saw a surge in discussions and regulations surrounding artificial intelligence (AI), with concerns ranging from job displacement to privacy rights and liability for AI service providers, but there is still no general consensus on the definition of AI or agreement on global AI policy.
Jefferies downgrades Palantir Technologies, causing a nearly 4% drop in share value, as they believe the AI hype has led to an unsustainable valuation and lack of clear monetization strategy, although they recognize the company's potential in an underpenetrated market.
AI-driven game development tools are set to revolutionize the industry, allowing anyone, including kids and those without technical skills, to easily create their own video games, leading to a flood of new titles and a shift in the democratization and consumption of gaming content, while also raising concerns about derivative art and job losses.
Google DeepMind has announced new rules to make AI-powered robots safer, including advancements in giving robots a better understanding of objects and clearer task instructions, in order to make them more effective and efficient at performing household chores.
A person used artificial intelligence to reimagine popular Indian flavors for a global audience, sharing his versions of Desi Lays on LinkedIn and sparking interest and excitement among users.
Decentralized physical infrastructure networks (DePINs) and artificial intelligence (AI) are predicted to be the "power duo" of 2024, as they complement each other and have the potential to revolutionize various industries including healthcare, manufacturing, finance, and entertainment.
Generative AI, such as Dall.E and ChatGPT, learns to predict patterns in data but lacks the crucial ability to take actions and intervene in the world, which is a fundamental difference between natural intelligences like human minds and AI models.
2024 is expected to be a strong year for AI investments, with companies like Alphabet, Adobe, and CrowdStrike offering strong AI solutions in their respective industries.
Samsung is teasing the release of its Galaxy S24 series, which will feature AI-based camera capabilities and impressive long-distance zoom shots, with the flagship Galaxy S24 Ultra expected to have a 200-megapixel sensor and various zoom options.
Yann LeCun, Meta's chief AI scientist, turned down a job offer as director of research at Google in 2002 due to factors such as low compensation, the size of the company, and the role's responsibilities beyond research; however, he acknowledged that the stock options offered would have been highly valuable.
Bill Ackman, CEO of Pershing Square Capital Management, believes that Alphabet's AI business is undervalued and overlooked by investors, offering an opportunity to own a leading AI developer at a steep discount relative to the competition.
Bill Ackman believes that Alphabet's AI business is undervalued and essentially "free," as the stock's bargain valuation offers investors an opportunity to own a leading AI developer at a steep discount relative to the competition.
Rodney Brooks, an expert in robotics and artificial intelligence, reflects on his predictions for self-driving cars, AI, and human space travel, noting that while some advancements have been made, there is still a long way to go and warns of the possibility of another AI winter or tech winter.
Health tech startup Nabla is phasing out its reliance on OpenAI's GPT-3 and GPT-4 models, instead focusing on fine-tuning open source models like Facebook's LLaMA 2, to develop its medical note-taking software called Copilot, which has over 20,000 users and aims to save doctors time on administrative tasks.
Meta Platforms is considered the smartest AI stock to buy due to its strong investment in AI, advanced machine learning algorithms, and generative AI efficiency, making it well-positioned for future AI applications and revenue growth.
The LumiTool F20 is the world's first laser engraver with AI support, allowing users to engrave AI-generated artwork quickly and precisely with its industrial-grade laser.
AI algorithms can perpetuate biases and discriminate against underrepresented communities, but a new resolution, H.Res. 649, introduced by Rep. Espaillat, aims to develop an inclusive and ethical regional AI strategy in the Americas to protect civil rights, advance equal opportunities, and promote responsible AI development.
Business Insider has compiled a list of the top 100 people in the field of artificial intelligence (AI) and highlights their contributions to AI defense tech, including individuals from companies like Epirus, DARPA, Vannevar Labs, Shift5, Palantir, and HawkEye 360.
China has released new guidelines on the use of artificial intelligence (AI) in scientific research, including a ban on using AI technology in research funding applications, as well as requirements for labeling AI-generated content and results in research papers, in order to promote the responsible and transparent use of AI in scientific research.
More businesses are expected to adopt modern customer data platforms (CDP) in 2024, as organizations recognize the benefits of leveraging AI and data integration to deliver personalized user experiences and improve customer service.
Hollywood executives express concerns about the future of artificial intelligence in entertainment, with some worrying about job loss and others embracing its potential.
Rapid advancements in artificial intelligence (AI) could render many science, technology, engineering, and mathematics (STEM) careers obsolete, according to Nobel Prize-winning economist Christopher Pissarides, who warns that the skills currently in high demand may become outdated as AI continues to improve. However, experts assert that AI will not be able to handle all jobs, especially those that require human judgment, and emphasize the importance of STEM fields in advancing AI technology. Pissarides also suggests that there will be long-term opportunities in fields that emphasize communication and customer service.
AI search engine startup Perplexity has raised $73.6 million in a series-B funding round, led by investors including Nvidia and Jeff Bezos, and is now valued at $520 million; Perplexity aims to provide accurate and transparent search results using large language models to generate conversational responses quickly.
A new AI analysis suggests that the renowned Raphael painting, Madonna della Rosa, features a face that was not created by the artist himself.