The venture capital arm of Italy's Cassa Depositi e Prestiti (CDP) will invest 1 billion euros ($1.1 billion) over the next five years in artificial intelligence (AI) and cybersecurity, the state lender said on Monday. The government in March had announced its intention to set up an investment fund to promote projects in the AI sector, backed by CDP, as part of its broader push, as chair of the G7, to focus on the impact of AI on jobs and inequality. CDP Venture Capital will invest 580 million...
The report found that floods remained the most costly threat for the fourth consecutive year, representing over 64% of total losses in 2023.
In Earth science, small details can help explain massive events. Rita Parai, an assistant professor of Earth, environmental and planetary sciences in Arts & Sciences at Washington University in St. Louis, uses precision equipment to measure trace levels of noble gases in rocks, samples that can provide key insights into planetary evolution.
Bitcoin has been a tremendous asset to own historically. Bitcoin (BTC 2.69%) has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up […]
TOPKEA (KSNT) — The City of Topeka will spend $2.5 million to rebuild an intersection in South Topeka. Topeka's City Council voted unanimously to authorize a $2,586,416 project to replace water lines at the intersection of 21st Street and Topeka Boulevard. The replacement of those water lines would require workers to rebuild the intersection before []
Microsoft plans to invest $1.5 billion in G42, an artificial intelligence firm in the United Arab Emirates, the New York Times reported on Tuesday. G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid U.S. concerns over its relationship with Chinese businesses. Under the partnership, G42 will use Microsoft's cloud services and accede to a security arrangement negotiated in detailed conversations with the U.S. government, the newspaper said....
he Commerce Department is providing grant money to semiconductor companies to incentivize them to build out manufacturing production capabilities in the U.S.
Google has announced a new $1 billion investment to enhance digital connectivity to Japan. This initiative, known as Pacific Connect, involves the development of two new undersea cables in collaboration with various partners. These cables will establish new fiber-optic Internet routes between the US and Japan, aiming to improve reliabilityRead Entire Article
There’s no escaping the hype around artificial general intelligence. Barely a day passes without a new headline about the concept, which envisions computer systems outperforming humans at various cognitive tasks. In the last month alone, a trio of tech luminaries have added fresh proclamations. Nvidia CEO Jensen Huang suggested AGI would arrive within five years. Ben "father of AGI" Goertzel forecasted a mere three. Elon Musk typically made the boldest prediction for the tipping point: the...
While Musk says superintelligence is coming soon, one critic says prediction is "batsh t crazy."
His claims come with a caveat that shortages of training chips and growing demand for power could limit plans in the near termSuperhuman artificial intelligence that is smarter than anyone on Earth could exist next year, Elon Musk has said, unless the sector’s power and computing demands become unsustainable before then.The prediction is a sharp tightening of an earlier claim from the multibillionaire, that superintelligent AI would exist by 2029. Whereas “superhuman” is generally defined as...
Musk, in an interview, also told Norway wealth fund CEO Nicolai Tangen that artificial intelligence was constrained by the availability of electricity.