July 2024 - AINewsWire

WednesdayJul 31, 2024 11:15 am

Canada Crypto Week Set For Aug 11-17, 2024: Anchor Event Blockchain Futurist Conference Hosts Multiple Sub-Events Onsite

Toronto, July 22, 2024 – Canada Crypto Week, a week-long series of Web3 and AI events, is set to take place from August 11-17, 2024 in Toronto, Canada. Blockchain Futurist Conference serves as the anchor event for Canada Crypto Week, providing a central hub for the majority of the week’s activities. Many of the 20+ events during Canada Crypto Week will take place onsite at the conference, offering attendees an interactive and immersive experience. Events include book signings, workshops, networking opportunities, the ETHToronto & ETHWomen Hackathon Experience, and more. This integration ensures that participants can fully engage with the majority…

WednesdayJul 31, 2024 10:00 am

OpenAI Starts Testing SearchGPT, the Latest AI Innovation

OpenAI recently announced that it had begun tests on its new search engine, which uses generative artificial intelligence (AI) to produce results. The American artificial intelligence research organization was behind the launch of ChatGPT, the now famous chatbot and virtual assistant launched about two years ago. The company revealed last week that SearchGPT would be rolled out to a small group of publishers and users before being launched to a wider market. The company plans to incorporate the search features into its chatbot, instead of launching a standalone product. In its statement, OpenAI explained that its search engine was a…

MondayJul 29, 2024 10:00 am

How AI Can Facilitate the Energy Transition Without Standing in the Way

According to ChatGPT, the energy consumed by artificial-intelligence (AI) systems varies depending on their usage and complexity. Generally, these systems need huge amounts of electricity to efficiently process and analyze data. Estimates show that for this response generated by the chatbot, almost 10 times the electricity a Google search needs was used. With 100 million ChatGPT users weekly, the extra demand for energy has increased greatly. Keep in mind that this applies to users on this platform alone. The increased demand for energy in this industry, primarily driven by the construction and running of data centers that operate and train…

FridayJul 26, 2024 10:00 am

AI Approach Accelerates Speed of Predicting the Thermal Properties of Materials

Estimates show that roughly 70% of energy generated around the globe is wasted. Experts believe that more efficient systems to generate power could be designed if researchers were able to forecast how heat passes through insulators and semiconductors. This is hard to do at the moment, however, because it is challenging to model the thermal properties of different materials. The issue stems from subatomic particles that carry heat, known as phonons. A group of MIT researchers have designed a new framework based on machine-learning, which can forecast phonon dispersion relation about 1,000 times faster than other methods based on artificial…

WednesdayJul 24, 2024 10:00 am

Despite Developers Pushing for AI to Give Medical Advice, Accuracy Remains Questionable

This past spring, Google rolled out a feature that enabled answers from its artificial intelligence (AI) chatbot to begin appearing above normal search results, even for questions related to health issues. While this might seem like a good idea on paper, some concerns have been raised about the health advice provided by this AI overview feature. About a week after the bot’s launch, a quick search saw Google AI recommend that individuals eat at least a small rock daily for minerals and vitamins. It was later determined that this answer was retrieved from a satirical post. Another user revealed that…

MondayJul 22, 2024 10:00 am

AI Boom Expected to Swell Orders Received by ASML

ASML, the leading equipment supplier of lithography machines needed for the manufacture of semiconductors, is set to record a significant increase in its orders after its second-quarter results are announced. This comes as the demand for artificial intelligence (AI) chips continues to increase. Lithography machines are tools that use lasers to create the circuitry of computer chips. ASML is the only manufacturer of lithography systems using extreme ultraviolet wavelengths to manufacture chips for artificial intelligence and smartphones. Kevin Wang, a Mihuzo analyst, expects that ASML’s new orders will be valued at close to five billion euros ($5.5 billion) in the…

MondayJul 22, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Adds Second Annealing Quantum Computer in the U.S. and Unveils New Hybrid Quantum Solver

D-Wave introduced its new hybrid quantum solver designed to tackle previously intractable workforce, manufacturing, and logistics optimization problems at its Qubits 2024 conference The new hybrid solver is expected to have a positive impact on a variety of business processes, particularly in workforce, manufacturing, and logistics optimization D-Wave is also deploying a second U.S.-based Advantage(TM) quantum computer at Davidson Technologies’ global headquarters, accessible to D-Wave customers in select countries via D-Wave’s Leap(TM) quantum cloud service D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, continues to make strides in the development and deployment of quantum computing…

FridayJul 19, 2024 10:00 am

MIT Scientists Unveil Gen-AI Targeting Databases

Researchers at MIT have developed a new tool that enables database users to easily carry out statistical analyses of tabular data. The tool, GenSQL, is a generative artificial intelligence system for databases. It has been designed to assist users in detecting anomalies, making forecasts, fixing errors, generating synthetic data or guessing mission values. For example, if the system analyzed medical data from an individual who has been diagnosed with hypertension, it may catch a reading that is low for the individual but would otherwise be considered normal. The tool has been designed to automatically integrate a generative probabilistic artificial intelligence…

ThursdayJul 18, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Reveals Findings of Hyperion Research Quantum Optimization ROI Study and Announces Nomination for Technology Impact Awards

Majority of surveyed businesses actively engaged in quantum computing anticipate significant returns on investment (“ROI”) from their quantum optimization efforts Survey also highlights a significant increase in quantum adoption, with 21% of respondents either currently employing or planning to integrate quantum technology into production within the next 12 to 18 months D-Wave has been named a finalist in the GameChanger Ambition category of the upcoming Technology Impact Awards (“TIAs”) by the BC Tech Association D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, recently announced the findings…

WednesdayJul 17, 2024 10:00 am

Amazon Unveils AI-Powered Shopping Assistant, Available on Prime Day

Last week, Amazon rolled out its generative artificial intelligence (AI)-powered shopping assistant to customers in the United States. The conversational assistant, Rufus, has been designed to aid consumers in making more informed decisions on their purchases and saving time. Rufus can be accessed on the Amazon shopping application beginning July 16, 2024, when Prime Day begins. In November 2023, Amazon rolled out a business chatbot dubbed Q, also powered by generative artificial intelligence. This bot can streamline communications and help with tasks such as generating posts for a blog. Amazon announced its new assistant at the start of the year,…

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Month: July 2024