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☆ Retail investors flock to small-cap AI firms as Big Tech battles for share
▼ + stars: | 2023-02-07 | by ( Medha Singh | ) www.reuters.com time to read: +2 min

Feb 7 (Reuters) - Retail investors are piling into small-cap firms that employ artificial intelligence amid intensifying competition between tech titans Google parent Alphabet and Microsoft to secure leadership in the next big driver of growth. The $3-billion AI software firm C3.ai was the fifth most actively traded on Fidelity's platform for small investors on Monday, while drawing record daily retail inflows worth $31.4 million, as per Vanda Research. "Small-cap firms have AI as a much larger part of their business than the larger ones," said Matthew Tuttle, chief executive officer of Tuttle Capital Management on the reason behind retail investors' focus on the smaller firms. SoundHound AI (SOUN.O), which offers a voice AI platform services, and Thailand's security firm Guardforce AI (GFAI.O) have more than doubled so far this year, while analytics firm BigBear.ai gained nine-fold in value. Google-owner Alphabet Inc (GOOGL.O) on Monday said it would launch a chatbot service Bard and more artificial intelligence for its search engine as well as developers.

☆ Recession drumbeat gets louder as more U.S. CEOs strike mellow note for 2023
▼ + stars: | 2022-12-09 | by ( Medha Singh | ) www.reuters.com time to read: +3 min

A Reuters poll of economists published on Thursday showed that U.S. economic growth was expected to slow to 0.3% in 2023 following a 1.9% rise this year. Tesla Inc CEO Elon Musk said in October a recession would last until the spring of 2024. For 2023, analysts expect profit growth at S&P 500 companies to slow to 4.9%, after rising 5.8% in 2022, according to Refinitiv IBES data. While forecasts for the size and timing of recession vary, expectations for an economic recovery largely hinge on the Fed's stance on rates. S&P 500 performance YTDReporting by Medha Singh and Johann Cherian in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Bidding on a Brooklyn Brownstone, With a Baby on the Way. Which One Did They Buy?
▼ + stars: | 2022-12-01 | by ( Debra Kamin | ) www.nytimes.com time to read: +2 min

Clever was living in a tiny apartment in Clinton Hill, Brooklyn, with no furniture aside from a rented Steinway grand. At one of them, Ms. Chen — a native of Zhejiang, China, who had recently arrived to study creative writing — played the piano alongside him. The time had come for a new space — and with Ms. Chen expecting their first child, they would need more of it. “We visited a lot of homes that had been cut up and felt so cramped inside,” Ms. Chen said. All the while, Ms. Chen had an eye on formal living rooms that could accommodate a grand piano.

☆ Alzheimer's disease, retirement 'pacts,' and serving until you're 104 years old: Inside the federal judiciary's reckoning with age
▼ + stars: | 2022-09-27 | by ( C. Ryan Barber | Camila Dechalus | ) www.businessinsider.com time to read: +23 min

She was nearly two decades older than the median age — 68 — for all federal judges, according to an Insider analysis. More than a century later, in the 1920s, future Chief Justice Charles Evans Hughes argued for a mandatory retirement age. In 1954, the Senate passed a resolution proposing a constitutional amendment that'd require retirement at age 75 for federal judges. A recent poll by Insider and Morning Consult found that 71% of 2,210 respondents said the federal judiciary should have a mandatory retirement age. For Scheindlin, the former federal judge in Manhattan, Weinstein was an example of an older judge who was "terrific to his last day."

☆ AI made these stunning images. Here’s why experts are worried
▼ + stars: | 2022-06-30 | by ( Rachel Metz | ) edition.cnn.com time to read: +11 min

OpenAI and Google have pointed to a few ways the technology might be commercialized, such as for editing images or creating stock images. An image created by an AI system called Imagen, built by Google Research. GoogleThe bias in these AI systems presents a serious issue, experts told CNN Business. It’s not what we see in the movies.”An image created by an AI system called DALL-E 2, built by OpenAI. Some researchers are thinking about how it might be possible to reduce bias in these types of AI systems, but still use them to create impressive images.

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