November 2024 - AINewsWire

WednesdayNov 27, 2024 9:30 am

AI Boom Transforms Nearly 150-Year Old Japanese Firm into the Country’s Hottest Stock

The current boom in AI has turned a previously little-known Japanese company into a star on the stock market. Fujikura, which has been in existence for the past 139 years, has shot to fame because of its longstanding excellence in making cables for data centers. Since the beginning of this year, the shares of this company have seen a whopping 400% rise in value. Consequently, Fujikura is top of the best performing stocks on the Stock Average Index of the Nikkei 225. Because of this stellar performance, the company made its debut on the MSCI’s worldwide standard indexes. This is…

TuesdayNov 26, 2024 10:00 am

Amazon Injects an Additional $4B into Anthropic’s AI Ambitions

Last week, Anthropic AI announced that it had raised a $4 billion investment from Amazon.com. Anthropic was founded in 2021 by former executives at OpenAI, Daniela and Dario Amodei. These additional funds bring Amazon’s total investment into the artificial intelligence startup to $8 billion and highlight the company’s increasing GenAI investments. The e-commerce giant is expected to hold its position as a minority investor in Anthropic, with Amazon Web Services unit also becoming the AI firm’s official cloud provider. In its statement, Anthropic also revealed that it was working with Annapurna Labs, a wholly owned Amazon subsidiary, to develop future…

FridayNov 22, 2024 1:00 pm

D-Wave Quantum Inc. (NYSE: QBTS) Advances Quantum Computing with Enhanced 4,400+ Qubit Advantage2(TM) Processor

The successful calibration and benchmarking of the 4,400+ qubits Advantage2 processor is a significant milestone in D-Wave’s ongoing development of its sixth-generation annealing quantum computing system. Advantage2 has significantly more computational power than the current Advantage(TM) system, able to solve certain customer problems 25,000 times faster. Advantage2 offers improvements in areas such as faster time-to-solution, higher quality solutions, and ability to solve larger problems. D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has achieved a significant milestone in the ongoing development of its sixth-generation annealing quantum computing system…

FridayNov 22, 2024 10:00 am

Study Finds That ChatGPT Outperforms Doctors at Medical Diagnosis

New research has determined that AI chatbots may be better at diagnoses than actual doctors. The research objective was to find out whether doctors could improve their diagnoses using ChatGPT. The research involved 50 doctors, 24 of whom were residents while the rest were attending physicians. Each physician was asked to diagnose six case histories, with the researchers grading their ability to come up with diagnoses and give reasons why they excluded them or chose them. Everyone was allowed to make three possible diagnoses while offering evidence to support their decision. They were also required to list the steps they…

FridayNov 22, 2024 9:30 am

AI is Helping to Ease the Job Application Process

Several companies are touting novel artificial intelligence technologies that promise to revolutionize the job-search process. This development has emerged at a time when the rate at which people are looking for new jobs has reached very high levels. For example, data reveals that at least 28% of U.S. residents were recently job-hunting. Jeff, a well-followed TikTok user, emphasized that as hiring managers incorporated more AI functions in the hiring process, applicants also need to go the extra mile in order to stand a chance of being hired. In his videos, Jeff walks viewers through the AI-backed processes. He adds that…

ThursdayNov 21, 2024 4:20 pm

Juna.ai Aims to Leverage AI Tools to Improve Energy Efficiency at Factories

The last few years have seen the adoption of artificial intelligence take off, with major firms like Google and OpenAI investing heavily in this technology. The use of AI agents has also grown, driven by the LLM and GenAI boom. Unlike chatbots, artificial intelligence agents go a step further by helping individuals get things done. Juna.ai, a company focused on revolutionizing industrial processes through automation driven by artificial intelligence, plans to assist factories increase their efficiency and in turn, increase energy efficiency, maximize production output and decrease overall emissions using AI. The start-up, which is based in Berlin, was founded…

TuesdayNov 19, 2024 10:00 am

New AI Model Uses Graphs to Predict How Innovation Will Happen in Future

A new technique developed by mechanical and environmental engineering professor Markus J. Buehler will allow us to use artificial intelligence to predict how innovation will occur in the future. Prof. Buehler of MIT explains that by combining graph-based computational tools with generative artificial intelligence, one can generate entirely new designs, concepts, and ideas. This, he notes, can be used to speed up scientific discovery by teaching generative artificial intelligence how to make new forecasts about unimaginable designs, concepts and ideas. For his research, Buehler used graphs developed using techniques inspired by category theory to teach his model to understand associations…

TuesdayNov 19, 2024 8:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Completes Calibration of 4,400+ Qubit Advantage2(TM) Processor, Showing Substantial Performance Gains

MondayNov 18, 2024 8:00 am

The Safe-Haven Asset Crypto Investors Are Missing

In recent years, cryptocurrency has captured the imagination of investors, who have embraced it as a revolutionary asset class offering high-growth potential. With Bitcoin and other digital currencies reaching new heights, many investors have turned to the crypto market as their hedge against inflation, government intervention and traditional assets. But there’s a time-tested asset that deserves more attention and has also been reaching all-time highs this year: gold. Much like Bitcoin, gold’s scarcity is one of the key factors driving its value. The finite nature of both assets appeals to investors who are drawn to the idea of owning something…

FridayNov 15, 2024 10:00 am

Particle Launches AI App to Support Publishers

The adoption of artificial intelligence is viewed as a positive by many industries, except some, like the media industry. This tech has seen reporters get replaced with copy generated by AI, with other AI firms using work from actual journalists to meet the data demands of their chatbots without compensating the publishers. Despite this, one start-up believes that artificial intelligence may be used to help consumers delve deeper into stories while finding ways to support journalists. Particle, the start-up in question, was founded in 2023 by Sara Beykpour. Beykpour is a former senior director of Product Management at Twitter (now…

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Month: November 2024