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…

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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…

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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…

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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…

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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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TuesdayJul 16, 2024 10:30 am

Artificial Intelligence takes Center Stage at Blockchain Futurist Conference 2024 in Toronto

The highly anticipated Blockchain Futurist Conference, Canada’s Largest Web3 Event, is set to return for its sixth year to Toronto this August 13-14, 2024, with a focus on Artificial Intelligence as a core theme. This year’s event promises to offer sessions, panels, and sub-events centered around AI, highlighting how these technologies are transforming Web3 and reshaping our world. The dedicated AI segment is scheduled for Wednesday, August 14, 2024, and is accessible with all conference passes. AI and Web3 technologies are rapidly converging to create a future that promises to revolutionize the digital landscape. AI’s ability to analyze vast amounts of…

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MondayJul 15, 2024 10:00 am

Could AI Help Governments Deliver Better Service Quality?

Prior to the roll out of generative artificial intelligence (AI) tools such as ChatGPT, governments were focused on suing chatbots to automate their advice and services. In the beginning, chatbots had limited conversational abilities and were simpler. However, the emergence of generative artificial intelligence has seen governments offer more efficient public service with people-like advisors who can work 24/7 answering queries on taxes, benefits and other areas where the public and the government interact. In theory, properly trained gen-AI may be able to hack all sorts of queries on government services. In practice, however, this may not be entirely accurate…

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FridayJul 12, 2024 10:00 am

NYT Reports OpenAI Suffered Breach Last Year, AI Details Were Stolen

OpenAI is an artificial intelligence (AI) research organization based in San Francisco. The company rolled out its generative AI tool, called ChatGPT, in 2022. This tool was designed to generate dialogue as well as perform tasks such as language translation and content creation, among others. A recently released report shows that in 2023, a hacker gained access to OpenAI’s internal messaging systems and stole details about the design of the company’s tech. It is said that the hacker acquired these details from online discussions where employees discussed these technologies. They, however, didn’t get into the systems where the company stores…

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WednesdayJul 10, 2024 10:00 am

Samsung Anticipates Profit Jump After Incorporating AI

Samsung is currently the biggest maker of smartphones, memory chips and televisions. Over the last 12 months, optimism about artificial intelligence (AI) has seen the market rally for these chips grow, with NASDAQ and the S&P 500 hitting new records last week. Recently, Samsung Electronics announced that it expected its profits from the second quarter of the year to rise by a factor of 15. The company expects that its profits for this quarter will reach 10.4 trillion won, which is equivalent to about $7.5 billion. This greatly exceeds analysts’ forecasts, standing at 8.8. trillion won. The latest forecast is…

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MondayJul 08, 2024 10:00 am

US Presidential Candidates Remain Notably Silent on Pivotal Tech Topics During First Debate

With the election set for later this year, we saw the first presidential debate being conducted last month. In addition to being the only televised presidential debate since the 1960s to be carried out without an audience, it also did not touch on topics such as quantum computing, artificial intelligence (AI), blockchain or cryptocurrency, despite the popularity of these topics. This is notable for a number of reasons. For starters, artificial intelligence has had a huge impact on the American economy, stock market and technology sector over the last four years. American-based investment and technology companies that specialize in artificial…

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