Unidentified Anomalous Phenomena (UAP) NASA has recently released a report on Unidentified Anomalous Phenomena (UAP), which is another term for UFOs. The report is based on a yearlong study of hundreds of UAP sightings by scientists and data experts. In brief NASA found no evidence that aliens are behind theRead More →
Oversubscribed The upcoming IPO of Arm Holdings, the British chip designer that is owned by SoftBank Group is already oversubscribed by more than 10 times. Bankers plan to stop taking orders by the afternoon of 12th Deptember 2023. This means that there is a massive demand for the shares andRead More →
Top tech stocks The Magnificent Seven is a term to describe seven tech’ stocks that have been surging in 2023. Dominant These seven stocks are considered to be dominant in their respective fields and have strong growth prospects driven by innovation and artificial intelligence (AI). They have outperformed the broaderRead More →
Chip design firm Arm on 5th September 2023 submitted an updated filing for its upcoming initial public offering on the New York Stock Exchange, setting a price range between $47 and $51. Only 9.4% of Arm’s shares will be freely traded on the NYSE. Arm was previously listed in LondonRead More →
The creator of Photoshop and InDesign launched a generative AI tool called ‘firefly’, which has recently gained traction. It is quite possible that Adobe has one of the best AI generative tools available and it’s worth checking it out as a stock to *invest in. Firefly enables users to editRead More →
David Ferrucci, a prominent artificial intelligence researcher who led the team that created IBM Watson, has reportedly raised nearly $60 million for his AI company called Elemental Cognition. Headquartered in New York, Elemental says on its website that the company seeks to develop AI that ‘thinks before it talks‘. It offersRead More →
Happy birthday to Google, the world’s most popular search engine! Google was founded 25 years ago today (4th September 2023) – by Larry Page and Sergey Brin, two Stanford University students who wanted to organise the web in a better way. They named their project after the mathematical term ‘googol’, whichRead More →
Ha Jiang, is a virtual online idol, and only exists online. Ha Jiang signed a record deal with Whet Records, Warner Music Group’s pan-Asian dance label in China, in 2021. Ha Jiang is the first virtual idol to conduct a record deal with a major label. The virtual idol uses AIRead More →
Think of the biggest market for a physical product you can possibly imagine – are you thinking mobile phones, cars or game devices even? Think again…? They are all big commercial markets but in the coming decades a new product is coming and it will be so desirable that itRead More →
Top of the apps on Apple app store Baidu’s Ernie bot is a ChatGPT-like chatbot that can generate natural and fluent text based on user input. It is one of the latest artificial intelligence applications from Baidu, a Chinese tech giant that specializes in search engine and AI development. ErnieRead More →
Nvidia shares rose 4.2% Tuesday 29th August 2023 to close at a record high, after the company announced a partnership with Google that could expand distribution of its artificial intelligence technology (AI). The stock’s bountiful run continued, now up 234% in 2023, making it by far the best performer in the S&P 500.Read More →
Technology giant Nvidia reports its sales have hit a record after more than doubling as demand for its artificial intelligence (AI) chips take off! It figures The company says revenue jumped to above $13.5bn (£10.6bn) for the three months to the end of June. Nvidia also expects sales to performRead More →
AI Chatbot ChatGPT reportedly has a political bias ChatGPT, the popular artificial intelligence chatbot, shows a significant and systemic left-wing bias, UK researchers have found. According to the new study by the University of East Anglia, this includes favouring the Labour Party and President Joe Biden’s Democrats in the U.S. Concerns about an inbuilt political biasRead More →
Brief ARM history Arm is a British semiconductor and software design company that is known for its Arm processors, which are widely used in smartphones, tablets, laptops, and other devices. Arm was founded in 1990 as a joint venture between Acorn Computers, Apple Computer, and VLSI Technology. The company wasRead More →
A new artificial intelligence (AI) road safety camera system has been deployed on the A30 near Launceston, Cornwall, by Devon and Cornwall Police. The camera system uses AI to detect potential offences such as using mobile phones or not wearing seatbelts while driving. The camera system can capture ultra clearRead More →
UK to unleash £50 billion in pension funding for tech startups The U.K. government has unveiled a series of reforms that will allow pension funds to invest more in private and high-growth companies, especially in the tech sector. The move is expected to boost economic growth, support innovation and increaseRead More →
Amazon is one of the leading companies in the field of artificial intelligence (AI) and has been developing its own custom chips to power its AI applications and services. Amazon’s AI chips are designed to perform tasks such as natural language processing, computer vision, speech recognition, and machine learning inferenceRead More →
The U.S. cyber hacker challenge is a new initiative launched by the Biden administration in August 2023 to use artificial intelligence (AI) to protect critical U.S. infrastructure from cybersecurity risks. The challenge will offer $20 million in prize money and includes collaboration from leading AI companies Anthropic, Google, Microsoft and OpenAI,Read More →
The U.S. will ban American investment in some areas of China’s high-tech sector, including artificial intelligence, adding to strained relations between the two superpowers. U.S. firms will also be invited to disclose what investments they make in China in high-tech sectors.The much-anticipated move gives the U.S. government new power toRead More →
The entrepreneur Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX and Neuralink, has revealed his latest venture: xAI, a new artificial intelligence company that aims to “understand the true nature of the universe”. Musk announced the formation of xAI on Wednesday on Twitter and on the company’s official website, whichRead More →
Baidu said its AI system called Ernie 3.5 outperformed OpenAI’s ChatGPT and GPT4 in several key areas. ERNIE – Enhanced Language RepresentatioN with Informative Entities Ernie was first introduced in 2019, and since then, Baidu has been improving and upgrading it with new versions. The latest version, Ernie 3.5, was announcedRead More →
AI stands for Artificial Intelligence, which is the ability of machines to perform tasks that normally require human intelligence. AI can involve various aspects of cognition, such as perceiving, reasoning, learning, problem-solving, and even creativity. Types of AI AI can be classified into different types based on the level ofRead More →
The little-known company, Nvidia, now stands alongside Apple and Microsoft in market cap valuation thanks to AI. In just a little over a year it has all but tripled its market valuation and become a go to investment on Wall Street and around the world. Nvidia’s market capitalization has recentlyRead More →
The unloved rally: A paradox The S&P 500 and Nasdaq have been reaching all-time highs with remarkable frequency, notching nearly thirty record days in 2024, including four in the past week. Despite this stellar performance, a considerable number of investors remain hesitant. Let’s explore the reasons behind this paradox. LingeringRead More →
It has been calculated that the S&P 500’s total value is currently $45.5 trillion. Tesla’s CEO, Elon Musk, claimed on Thursday 13th June 2024 that the company’s Optimus humanoid robots could potentially raise the automaker’s value to over half of that amount. During the 2024 annual shareholder meeting in Austin,Read More →
Apple’s shares reached a new record high of approximately $207 per share on Tuesday 11th June 2024, surpassing the previous record set in December. At its annual developer conference on Monday 10th June 2024, the company launched its highly anticipated venture into AI. Apple is playing catch-up in the AIRead More →