Experts Warn of AI Risks: Global Efforts to Regulate Advancements and Ensure Safety

According to a panel of leading experts, including two pioneers of AI often referred to as the “godfathers” of the field, the world is not adequately prepared for advancements in artificial intelligence. They criticize the lack of substantial regulatory progress by governments.  The experts argue that the move towards autonomous systems by technology companies could …

Jeff Bezos’ Blue Origin Resumes Tourist Spaceflights with First Launch Since 2022 Engine Issue

On 19th May, Blue Origin, established by billionaire Jeff Bezos, launched six passengers from West Texas to the brink of space. This event was the company’s first manned flight since it halted operations in August 2022 following an engine mishap. Key Insights On 19th May at 10:36 a.m. ET, Blue Origin’s NS-25 mission successfully launched …

Microsoft Introduces AMD Option for Cloud Customers as Alternative to Nvidia AI Processors

Microsoft announced plans to provide its cloud computing clients with AMD’s artificial intelligence chips, positioning them as competitors to Nvidia’s offerings. The details will be unveiled at the upcoming Build Developer Conference. Additionally, Microsoft will introduce a preview of its new Cobalt 100 custom processors at the same event. Microsoft plans to distribute Advanced Micro …

Google’s AI Transition: Challenges and Risks for Web Traffic and Online Content

Google is transitioning to AI-generated responses for search queries in an effort to retain users on its platform. This change has sparked worries about the dependability of AI-generated information and its potential effects on web traffic. Google has long served as the internet’s gatekeeper, directing users to external websites that provide the answers they seek. …

Microsoft Unveils Copilot+ PCs: A New Era of AI-Enhanced Computing Power and Security

Tech conglomerate Microsoft has launched a new line of Windows PCs tailored for the era of artificial intelligence, named ‘Copilot+ PCs’. According to the company’s announcement, these are the swiftest and smartest Windows PCs ever produced.  Priced from $999, these computers are equipped with advanced silicon that supports an impressive 40+ TOPS (trillion operations per …

Bezos Expands Horizon: Subtly Ventures into the Residential Mortgage Sector, Offering High-Interest Loans to Investors

While Jeff Bezos is primarily famous for establishing Amazon.com Inc., he also holds investments in a range of less publicized ventures across various industries.  His investment vehicle, Bezos Expeditions, has participated in the early funding rounds of several startups that have grown to become major players in their fields. Noteworthy investments include Airbnb Inc., Uber …

Russia Addresses Rupee Build-Up By Investing In India

Russia has addressed the issue of billions of rupees accumulating in Indian banks by investing in Indian stocks and infrastructure projects. Additionally, despite Western sanctions on the state-owned shipping company Sovcomflot, Russia has taken steps to ensure the continuous flow of crude oil, sources familiar with the matter said. Since 2022, billions of rupees have …

Microsoft Gears Up To Launch A New AI Model To Rival Google And OpenAI

Microsoft is developing a new, proprietary AI language model substantial enough to contend with those from Alphabet’s Google and OpenAI, as reported on May 6. Internally dubbed MAI-1, the new model is under the supervision of Mustafa Suleyman, the Google DeepMind co-founder and ex-CEO of AI startup Inflection, according to the report, which cited two …

Meta Unveils AI Powerhouse To Give Businesses A Creative Boost In Advertising

On May 8, Meta introduced advanced generative AI capabilities for advertisers, including comprehensive image and text generation to support business expansion. The initiative aims to assist advertisers throughout their journey, from enhancing ad effectiveness through the development of creative variations to automating aspects of the ad creation process. Meta revealed that businesses can now produce …

Honeywell Study Shows “Silent Residency” Escalates Cyber Risks for Industrial and Critical Infrastructure Facilities

Recently, Honeywell published its 2024 USB Threat Report, offering fresh perspectives on how ‘silent residency’ poses a rising cyber threat to industrial and critical infrastructure facilities. The report emphasized the escalating danger of ‘living off the land’ (“LotL”) attacks, where adversaries employ USB devices to infiltrate industrial control systems, covertly monitor operations, and then execute …