AINewsWire Archives - Page 30 of 49

TuesdayDec 10, 2024 10:00 am

Google Announces Weather-Forecasting AI Tool That Outperforms Available Systems

Google recently unveiled a new artificial intelligence model that can forecast weather conditions as early as fifteen days ahead. The model, christened GenCast, can offer better forecasts of both extreme weather events and day-to-day weather than currently available systems. This signifies an important advancement in weather prediction based on AI. The model improves upon the firm’s previous weather model, which offered one estimate for future weather. In comparison, the new model consists of a collection of fifty or more forecasts, each standing for a potential weather trajectory. The multinational tech company, which reported its findings in Nature, stated that their…

TuesdayDec 10, 2024 8:45 am

Former PayPal COO to Head White House Crypto and AI Desk

On Thursday, the incoming U.S. President Donald Trump revealed that David Sacks, a former Chief Operations Officer at PayPal Holdings Inc. (NASDAQ: PYPL), had been chosen to be the “White House AI and Crypto Czar.” This announcement marks the latest step that the President-elect has taken in his bid to overhaul American policy on various industries and sectors. Using Truth Social, a social media platform owned by Trump, the President-elect explained that Sacks would be tasked to formulate a framework through which the cryptocurrency industry would get the regulatory clarity it had been yearning for. Such a framework, Trump added,…

FridayDec 06, 2024 10:00 am

IBM, Janes Partner to Enable Defense Organizations Leverage AI Capabilities

IBM, an American multinational technology firm and Janes, a defense intelligence firm, are collaborating to bridge the gap between trustworthy artificial intelligence and defense operations. By pairing artificial intelligence with high-quality data, the companies hope to usher in a new era of defense operations that’ll enable commanders to make better informed decisions based on AI-generated data in real time. This partnership will see the companies integrate open-source security and defense intelligence data into watsonx, a trusted artificial intelligence and data platform. In detail, the firms will integrate the watsonx AI with a retrieval-augmented generation pattern containing Janes data. This pattern…

FridayDec 06, 2024 8:00 am

Sam Altman Expresses Confidence in the US Leading the AI Race

Sam Altman, the CEO of OpenAI, has voiced his confidence in President-elect Donald Trump supporting the AI sector and ensuring that America, together with its allies, retain pole position in this nascent industry. Altman was speaking during a recent interview with Fox News. During the interview, Sam Altman highlighted the fact that support in the form of massive infrastructure needed to be directed to the artificial intelligence industry. Altman added that he was certain that the incoming administration would provide this needed support. He reiterated that the massive infrastructure was necessary to enable the U.S. to stamp its leadership on AI technology and AI…

ThursdayDec 05, 2024 10:00 am

Couchbase Announces New Services to Facilitate AI Developers

Earlier this week, Couchbase launched a set of new services focused on making it faster and easier for customers to develop generative artificial intelligence applications. The services, dubbed Capella AI Services, are currently in private preview. Couchbase is focused on allowing its consumers and in particular, developers, to use unstructured data to build artificial intelligence tools. Unstructured data like audio files, images and text currently make up over 80% of data. Its nature makes it hard to apply it in a database that houses vast amounts of data. To structure this data and make it useful, complex processes like retrieval-augmented…

ThursdayDec 05, 2024 8:45 am

Riding the Wave of the Next Commodity Supercycle

Within the past several years, commodity prices reached a 50-year low relative to equity valuations (https://ibn.fm/QrRMU). Historically, such lows in the commodity-to-equity ratio have marked the onset of new commodity supercycles—prolonged periods of sustained growth in raw material prices—and we’ve clearly seen the markets shifting with gold hitting all-time highs throughout much of this year. As global economic conditions evolve, commodities have been re-emerging as an important consideration when reconstructing investment portfolios. The last major commodity supercycle (1996–2011) was fueled by the industrialization of emerging economies like China, India and Brazil. Today, a combination of inflationary pressures, supply chain disruptions,…

ThursdayDec 05, 2024 8:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Names New Board of Directors Member as Stock Price Hit 52-Week High

The company’s share price recently reached a 52-week high, a significant milestone that reflects a period of robust trading and investor optimism. D-Wave continues efforts to expand its board of directors with experienced tech executives to assist the company’s aggressive go-to-market strategy and accelerate adoption of its annealing quantum computing technology. The latest board addition, Sharon Holt, is a veteran technology executive, investor and board director with extensive global industry experience. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has seen a remarkable share price surge in…

TuesdayDec 03, 2024 2:30 pm

Adageis Is ‘One to Watch’

Adageis operates in the rapidly expanding AI healthcare market, projected by Fortune Business Insights to reach $490.96 billion by 2032. The ProActive Care Platform offers seamless integration with existing EMR systems, reducing adoption barriers for healthcare providers. Partnerships with prominent organizations, such as HealthyU Clinics, and its status as an AthenaHealth marketplace partner, demonstrate Adageis’ growing influence in the healthcare sector. The company’s AI-driven predictive analytics enhance patient care and operational efficiency, aligning with the industry’s shift toward value-based care models. Led by a seasoned leadership team with extensive experience in healthcare and technology, Adageis is well-equipped to navigate the evolving healthcare…

TuesdayDec 03, 2024 10:00 am

DNA-Inspired AI May Help Produce Smarter Algorithms

All animals are born with inherent behavioral capabilities, arising from neural circuits that are encoded in the genome. It is common knowledge that the brain plays a crucial role as it contains numerous neural connections required to control complex behavior. However, the genome has limited capacity for all that information. For decades, scientists have wondered how the genome, with space for only some of all that information, could still encrypt information and pass it from one generation to another. Researchers now believe that the rules which encrypt the formation of circuits have to pass through a ‘genomic bottleneck’ as they’re…

TuesdayDec 03, 2024 8:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Completes Q3 2024 with Key Product Milestones, New Partnerships and Technological Breakthroughs

Among the most notable technical achievements was the completion of the calibration of a 4,400 qubit Advantage2(TM) processor, capable of solving much larger and complex problems with faster time-to-solution than earlier generation processors. D-Wave earned “awardable” status on the U.S. Department of Defense’s Tradewinds buying platform, gaining increased visibility with U.S. government customers. New partnerships and collaborations include working with NTT DOCOMO, Japan Tobacco Inc., Staque and the Chicago Quantum Exchange. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, recently announced Q3 2024 business results, highlighting several…

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