NewsRoom Articles - Page 34 of 57

TuesdayJan 28, 2025 10:00 am

Trump’s Executive Order on AI Development Emphasizes “No Ideological Bias”

President Donald Trump recently issued an executive order focused on AI, revoking several previous government policies that his administration claims have hindered innovation in the sector. While the order calls for a thorough examination of all current rules, guidelines, and initiatives by Joe Biden’s 2023 AI executive order, it does not specifically state which policies are being revoked. In 2024, Biden’s administration introduced measures requiring federal agencies to prove that the AI tools they were using were not causing harm to the public or stop their use entirely. Trump’s latest directive now mandates the White House to update and reissue…

TuesdayJan 28, 2025 10:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Increase in Fiscal Year 2024 Bookings and First-Ever Customer Purchase of an Advantage(TM) Quantum Computer

D-Wave bookings for fiscal year 2024 will exceed $23 million, marking at least a 120% increase compared to fiscal year 2023, an increase driven in part by first-ever customer purchase of a D-Wave(TM) Advantage annealing quantum computing system. The company also announced the successful completion of a $150 million “at-the-market” (“ATM”) equity offering, contributing to a current cash balance of approximately $320 million. The Advantage quantum computer purchase represents an expansion of the company’s revenue model as a result of broadening its go-to-market offering to include on-premises system sales. CEO Dr. Alan Baratz emphasized that the company believes the world…

FridayJan 24, 2025 10:00 am

UK Supercomputer to Help Develop Vaccines

A groundbreaking £225 million ($276.7 million) supercomputer is harnessing artificial intelligence (AI) to advance the development of new vaccines and drugs. Scheduled to become fully functional by summertime, the Bristol-based Isambard-AI system will soon be recognized as the UK’s most potent supercomputer. Sir Keir Starmer, the UK’s prime minister, announced last week that the nation would be integrating AI technology into a number of areas to boost economic growth. High-performance computing expert Simon McIntosh-Smith of Bristol University noted that the Isambard-AI system puts the UK in a position to compete internationally in technological developments. Professor McIntosh-Smith said in an interview…

ThursdayJan 23, 2025 10:00 am

McEwen Mining (NYSE: MUX) (TSX: MUX) Caps 2024 with Transformative Investments, Exploration Wins

McEwen Copper secured a $35 million investment from Nuton, a Rio Tinto venture, to advance the Los Azules project in Argentina. Operational efficiencies resulted in a 12% reduction in production costs, showcasing the company’s resilience and focus on value creation. Promising exploration results at the Grey Fox project opened new opportunities for growth. McEwen Mining (NYSE: MUX) (TSX: MUX) concluded 2024 with several pivotal developments that reinforced its position in the mining industry. From securing significant investments to achieving regulatory milestones, the final quarter marked a period of transformative progress for the company. One of the most notable highlights was…

ThursdayJan 23, 2025 10:00 am

UNESCO Dedicates 2025 Education Day to Artificial Intelligence

UNESCO’s Director-General Audrey Azoulay has announced that International Education Day 2025, set for Jan. 24, will focus on the potential and challenges of AI in education. She is urging member states to prioritize training educators and learners in the ethical and responsible use of AI technologies in educational settings. “AI can bring tremendous benefits to education, but its implementation adheres to strong ethical guidelines,” Azoulay noted. “To truly make an impact, AI should complement the social and human aspects of learning, not replace them. The primary goal must be to empower students and teachers, fostering their well-being and independence.” UNESCO…

FridayJan 17, 2025 10:00 am

Biden’s New Executive Order Allows AI Data Center Construction on Federal Land

President Joe Biden has signed an executive order to establish artificial intelligence (AI) data centers on six federal property sites. The centers are expected to prioritize clean energy and adhere to strict labor laws. Biden stressed in a statement that although the US is currently at the forefront of AI technology, it will take constant work to stay at the top. The order directs the Departments of Defense and Energy to each identify three locations where private firms can lease. The companies will be responsible for funding, constructing, and operating the centers while ensuring they are fully powered by renewable…

FridayJan 17, 2025 8:45 am

D-Wave Quantum Inc. (NYSE: QBTS) CEO Dr. Alan Baratz Details Quantum Computing Approach and Real-World Value in Response to NVIDIA CEO Jensen Huang’s Comments

At CES 2025, NVIDIA’s CEO Jensen Huang said practical quantum computing may still be 15 to 30 years away D-Wave CEO Dr. Alan Baratz rejected the claim, highlighting that his company’s annealing quantum computing solutions are already available and are solving useful problems The company is working with more than 100 organizations across multiple industries to address complex optimization issues, such as production and workforce scheduling, resource optimization, logistics routing and more D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced that CEO Dr. Alan Baratz responded…

FridayJan 17, 2025 8:00 am

Adageis, Focused on Empowering Healthcare Providers in the Shift to Provider-Centric, Value-Based Care

Adageis focuses on empowering healthcare providers with tools and insights to excel in value-based care models, using a provider-centric approach. The company’s patented AI solutions enable providers to identify high-risk patients and address care gaps effectively. Its ProActive Care Platform integrates seamlessly with existing EHR systems to enhance patient outcomes and operational efficiency. A unique offering in the healthcare technology space, the platform offers flexible integration, proactive efficiency, and advanced predictive analysis capabilities. Adageis, a healthcare technology company, is taking a bold stance in reshaping the healthcare landscape by prioritizing providers in the transition to value-based care. Unlike traditional models…

ThursdayJan 16, 2025 10:00 am

The US Strengthens its Controls on AI Chip Exports Around the Globe

The U.S. announced new measures to further limit the export of artificial intelligence (AI) chips and related technology. These measures aim to consolidate advanced computing capabilities within the U.S. and its allies while blocking access for countries like China. Under the updated regulations, the export of AI chips will be capped for most nations, while U.S. allies will continue to have unrestricted access. Exports to countries such as North Korea, China, Iran, and Russia will remain strictly prohibited. The new rules, introduced as Biden’s administration nears its exit, extend beyond targeting China. They are designed to preserve the U.S.’s leadership…

TuesdayJan 14, 2025 10:00 am

More Than 4-in-10 Firms Around the World Plan to Downsize Staff Due to AI

Artificial intelligence (AI) is transforming the job market, with 41% of companies planning to reduce their workforce as AI takes over some tasks, according to a recent survey by the World Economic Forum (WEF). According to the survey which looked at hundreds of big firms worldwide, 77% of companies plan to retrain and upskill staff members between 2025 and 2030 so they can work with AI systems. The WEF’s report, published last week, marks a shift in tone from its 2023 edition. Unlike before, the latest report stops short of describing technologies, including AI, as having an overall positive impact…

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