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☆ Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank
▼ + stars: | 2024-05-13 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The Japanese billionaire's conglomerate posted a $1.5 billion profit for its latest quarter. The gains come off the back of its big bet on chip firm ARM, which is targeting AI opportunities. Arm Holdings CEO Rene Haas is seeking to capitalize on the AI boom. But as the appetite for ARM's AI activities show, SoftBank has room to grow in the face of the latest boom. If he's able to find the right bets, AI could pay off handsomely in the long term.

Persons: Masayoshi, —, It's, SoftBank, Rene Haas, Michael M, Yoshimitsu Goto, Son, WeWork, AI's Organizations: ARM, Service, Son, Nasdaq, Apple, Arm, Funds, Nvidia Locations: Tokyo, Cambridge, London, Alibaba

☆ How Mark Zuckerberg turned against the news
▼ + stars: | 2024-05-13 | by ( Kali Hays | ) www.businessinsider.com time to read: +13 min

Mark Zuckerberg held regular discussions in 2017 and early 2018 about how to make news on Facebook more trustworthy and reliable. "Giving people a voice is not enough without having people dedicated to uncovering new information and analyzing it," Zuckerberg wrote. Zuckerberg also considered a permanent subsidy through his philanthropy the Chan Zuckerberg Initiative. Murdoch and Zuckerberg's yearslong relationship, while never outright friendly, turned "tense, very tense," when Australia passed the NMBC, a person who worked with Zuckerberg said. When Canada passed a law similar to Australia's last year, Meta simply and decisively turned off news content on Facebook and Instagram.

Persons: Mark Zuckerberg, Donald Trump, Facebook's, Zuckerberg, He'd, Chan Zuckerberg, Tracy Clayton, it's, That's, Adam Mosseri, Mark, We're, Meta, Australia Zuckerberg, Rupert Murdoch, James Kennedy, Rod Sims, Murdoch, Lachlan, Zuckerberg's, Scott Morrison, Josh Frydenberg, Joel Kaplan, Campbell Brown, Frydenberg, I'm, Kali Hays Organizations: Facebook, Associated Press, Business, Meta, Google, News, News Corp, . News Corp, Fox, Cambridge, Capitol Locations: Meta, Canada, Australia, France, Germany, Myanmar, khays@businessinsider.com

CNN —Pro-Palestinian encampments were cleared from at least three college campuses early Friday, marking some of the latest examples of schools using law enforcement to respond to demonstrations that have popped up across the country in recent weeks. Police begin dismantling protest encampment at University of Pennsylvania: Police ordered protesters to leave their encampment early Friday morning. Signs and flags are seen at a pro-Palestinian encampment on the lawn of the Stratton Student Center at the Massachusetts Institute of Technology in Cambridge, Massachusetts, on Thursday. Rick Friedman/AFP/Getty ImagesMIT encampment dismantledDemonstrators chanted messages like, “Free Palestine” as police dismantled the pro-Palestinian encampment on the Cambridge, Massachusetts, campus early Friday, video from CNN affiliate WFXT showed. On Thursday, fewer than 10 students were arrested on campus, according to the university.

Persons: United Nations Linda Thomas, Greenfield, Reynold Verret, won’t, Donna Shalala, Rick Friedman, WFXT, Francesca Riccio, Ackerman, Andy Rose Sam Simpson, Rob Frehse, Zenebou Sylla Organizations: CNN — Pro, Massachusetts Institute of Technology, Law, The University of Arizona, . Police, University of Pennsylvania : Police, Daily, Police, ” Police, CNN, WPVI, Xavier University, UN, US, United Nations, Hamas, The New, New York City, Faculty Senate, Stratton Student, Getty, MIT Locations: College, Louisiana, Israel, Stratton, Cambridge , Massachusetts

☆ Peter Thiel was trapped inside a student debating hall by pro-Palestine protesters accusing him of genocide
▼ + stars: | 2024-05-09 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +1 min

Peter Thiel faced backlash from pro-Palestine protesters during an event in Cambridge, UK. Protesters interrupted his speech at the Cambridge Union and accused him of genocide. AdvertisementTech billionaire Peter Thiel was trapped inside a student debating hall on Wednesday by pro-Palestine protesters who accused him of genocide. Thiel, 56, is a cofounder of data-mining company Palantir, which supplies the Israel Defense Forces with technology for "war-related missions." Thiel was giving a speech at the Cambridge Union Society in the UK (which is independent of the University of Cambridge) when pro-Palestinian protesters interrupted his monologue.

Persons: Peter Thiel, Thiel, — Organizations: Palestine, Israel Defense Forces, Protesters, Cambridge Union, Service, Tech, Cambridge Union Society, University of Cambridge, Business Locations: Cambridge

☆ Self-driving startup Wayve just raised $1 billion from Nvidia, SoftBank, Microsoft and more
▼ + stars: | 2024-05-07 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Alex Kendall, 29, is the co-founder and CEO of autonomous driving startup Wayve. British startup Wayve on Tuesday said it had raised $1.05 billion in an investment round led by Japan's SoftBank to accelerate the growth of its self-driving car technology. The Series C funding round included new investor U.S. chipmaker Nvidia and existing investor, software giant Microsoft , which is a major backer of AI firms. Founded in 2017, Wayve is one of a multitude of startups looking to enable autonomous driving — technology that enables cars to effectively drive without humans at the helm. Unlike Tesla , which manufactures its own cars, Wayve licenses its self-driving technology to other firms, including retailers and automakers.

Persons: Alex Kendall, Japan's SoftBank, Wayve Organizations: Nvidia, Microsoft, Cambridge, Tesla

☆ Reconstruction reveals face of Neanderthal specimen Shanidar Z
▼ + stars: | 2024-05-01 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

Known as Shanidar Z, after the cave in Iraqi Kurdistan where she was found in 2018, the woman was a Neanderthal, a type of ancient human that disappeared around 40,000 years ago. The Shanidar Z facial reconstruction suggests that these differences might not have been so stark in life, Pomeroy said. Shanidar cave in Iraqi Kurdistan was first excavated in the 1950s. Neanderthals may not have honored their dead with bouquets of flowers, but the inhabitants of Shanidar Cave were likely an empathetic species, research suggests. Shanidar Z is the first Neanderthal found in the cave in more than 50 years, Pomeroy said, but the site could still yield more discoveries.

Persons: sapiens, Emma Pomeroy, Pomeroy, ”, “ She’s, ” Pomeroy, Graeme Barker, “, Adrie, Alfons Kennis, Dr, Lucía, Danish paleoartists Adrie Organizations: CNN, BBC, Netflix, University of Cambridge’s, Cambridge, Liverpool, University of Cambridge, Catalan Institute, Human Locations: Kurdistan, Europe, East, Central Asia, Shanidar, Cambridge, Spain, Danish

☆ Qureight uses AI to help speed up drug development. Check out the 11-slide pitch deck it used to raise $8.5 million.
▼ + stars: | 2024-04-16 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

British techbio startup Qureight has secured $8.5 million in an oversubscribed Series A round. Launched in 2018, Qureight wants to simplify how pharma companies deal with the complex datasets often used during clinical trials. "For example, we can start to structure images of lungs using AI," said cofounder and CEO Muhunthan Thillai. The startup primarily works with pharmaceutical companies, including heavyweights such as AstraZeneca, as well as hospitals and clinical research organizations. Check out the 11-slide pitch deck used to secure the fresh funding.

Persons: Qureight, Muhunthan Thillai, Thillai, Hargreave Hale Organizations: pharma, Business, AstraZeneca, Hargreave Hale AIM VCT, XTX Ventures, Guinness Ventures, Playfair, Fund, Cambridge Angels Locations: Cambridge, Meltwind

☆ Melatonin industry asked to voluntarily tighten standards after dramatic rise in childhood ER visits
▼ + stars: | 2024-04-15 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +6 min

As a dietary supplement, melatonin is not approved by the US Food and Drug Administration for safety, effectiveness or labeling before it is sold to the public. The council’s action follows recent reports of a massive rise in accidental ingestions of melatonin by children and an April 2023 study that found 25 products labeled as melatonin gummies contained dangerous levels of the hormone. Melatonin gummies were involved in nearly 5,000 of those cases. While the vast majority of unsupervised melatonin ingestions did not result in hospitalization, the number of accidental ingestions by children 5 and under may be underestimated, the report said. New and improved labelsThe council guidelines call for new labels that warn consumers about the danger of drowsiness after taking a melatonin supplement.

Persons: —, ”, Pieter Cohen, ” Cohen, it’s “, Cohen, Catherine McQueen, ” Dr, Cora Collette Breuner, “ It’s, Breuner, Amanda Musa Organizations: CNN, Council for Responsible Nutrition, US Food and Drug Administration, Cambridge Health Alliance, US Centers for Disease Control, Prevention, CDC, Food and Drug Administration, Getty, Seattle Children’s Hospital, University of Washington Locations: Somerville , Massachusetts, Seattle

☆ Congress may be going after the wrong social network
▼ + stars: | 2024-03-16 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +6 min

Chew, meanwhile, clapped back, “American social companies don’t have a good track record with data privacy and user security. But if lawmakers were serious about protecting the digital data of millions of American social media users, targeting TikTok alone is a limited way to achieve this goal. Separately, US intelligence authorities have said that Russian operatives were able to exploit US-based social media platforms including Facebook and Twitter as part of an election meddling campaign in the lead-up to the 2016 US presidential vote. Sherman said he thinks some lawmakers are raising important national security concerns regarding TikTok. Ultimately, Jameel Jaffer, the executive director of the Knight First Amendment Institute at Columbia University, called the bill a “missed opportunity” for Congress to take real action regarding their concerns about US user data.

☆ Astronomers discover a possible water world in the search for a habitable planet, report says
▼ + stars: | 2024-03-16 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

But a Canadian research group said the planet is likely too hot for liquid water. Related storiesA liquid ocean is the preferred premise set out in a paper published in the journal Astronomy & Astrophysics. NASA, ESA, CSA, STScI, Tea Temim (Princeton University)The James Webb telescope has played a key role in advancing the search for habitable planets beyond Earth. AdvertisementOne key that scientists look for in a potentially habitable planet is the presence of liquid water. Planets in this zone are neither too hot nor too cold to support liquid water.

Persons: NASA's James Webb, —, Nikku, Madhusudhan, Björn Benneke, Temim, James Webb Organizations: Guardian, Service, University of Cambridge, NASA, Astrophysics, Cambridge, NASA's James Webb Space Telescope, ESA, CSA, Princeton University Locations: TOI

☆ If you have high expectations of yourself and feel the need to people-please, you may have eldest daughter syndrome
▼ + stars: | 2024-03-09 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

If that sounds familiar, you might have eldest daughter syndrome. Eldest daughter syndrome isn't a diagnosable condition, but rather the behaviors, thought patterns, and priorities that can arise from being what's known as "parentified" as a child. People experiencing eldest daughter syndrome disproportionately tend to be women from low-income families and families from the global majority who might have more culturally-imposed expectations of daughters, she said. Capleton shared the signs you could be experiencing eldest daughter syndrome, whether you're the firstborn daughter or not. Feeling the need to take responsibility for everyone elseOne of the biggest signs of eldest daughter syndrome is taking on a lot of responsibility from a young age.

Persons: Paris, Yang Hu, Capleton, what's, — Organizations: Service, Cambridgeshire, Foundation Trust, Business, Lancaster University Locations: Peterborough

☆ Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'
▼ + stars: | 2024-03-08 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Trump spoke out against a bipartisan bill that would ban TikTok. The former president said "Facebook and Zuckerschmuck will double their business" without the app. While in office, Trump pushed TikTok to find a US buyer or face a ban. "If you get rid of TikTok, Facebook and Zuckerschmuck will double their business," Trump posted on his social platform Truth Social. Trump funded his own social platform in the meantime after being barred from both of Meta's platforms along with Twitter.

Persons: Trump, Zuckerschmuck, TikTok, —, Donald Trump, Zuckerberg Trump, Zuckerberg, Z's, Biden, Musk, Elon Musk Organizations: Facebook, Service, White House, Air Force, Trump, Meta, Twitter, Republican, TikTok, SpaceX, Cambridge, Tesla Facebook Locations: TikTok, United States, Palm Beach , Florida

☆ TikTokers are enthusiastically joining the app's call to wage war on Congress over a potential ban
▼ + stars: | 2024-03-08 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

The proposed bill would force ByteDance to sell TikTok or face a nationwide ban. AdvertisementTikTokers have enthusiastically answered the app's call to bombard members of Congress with calls and messages in an effort to prevent the platform from being banned in the US. AdvertisementA TikTok spokesperson told Business Insider the legislation has a "predetermined outcome," which is a total ban of TikTok in the US. The state of Montana, for instance, banned TikTok entirely in 2023. An increasing number of states have also made the decision to ban TikTok on government-issued devices.

Persons: ByteDance, —, TikTokers, Mike Gallagher, Raja Krishnamoorthi, Trump, TikTok, Jamaal Bowman, Ben Stanley, Mary Miller, Shira, Meta Organizations: Service, Republican Rep, Democratic Rep, Energy, Commerce, New, YouTube, Centre for Digital Citizens, Northumbria University, Facebook, Universal Music Group Locations: Wisconsin, Illinois, Montana, Austin, China, Cambridge, Brexit

☆ Author Cory Doctorow has a theory about why all tech and social platforms eventually decline
▼ + stars: | 2024-03-03 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Cory Doctorow has a theory for why tech platforms are getting worse. After locking users in, Doctorow believes tech platforms deliberately worsen the user experience. AdvertisementCory Doctorow has a theory for why tech platforms seem to have been sapped of all their joy: he calls it the great "enshittification." The 52-year-old Canadian-British author coined the term as a means of describing the growing sense that platforms operated by Big Tech companies are decaying beyond recognition. AdvertisementApple App Store.

Persons: Cory Doctorow, Doctorow, —, beholden, Uber, Apple, Zuckerberg's, Zuckerberg, there's Organizations: Service, Big Tech, Facebook, Twitter, Netflix, NurPhoto, Getty, Companies, Apple, EU's, European Commission, Meta, Cambridge, Capitol Locations: British

☆ AI isn't energy efficient right now. This ex-Arm VP has joined a new startup to try change that.
▼ + stars: | 2024-02-16 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

"We're the first company to launch off the back of what is a Tsetlin machine," Hurley told Business Insider. "We are looking at processes which are 10,000 times more efficient than neural networks when we add hardware acceleration," he said. Literal Labs' technology is developed from Yakovlev and Shafik's patents. While this process requires less energy than neural networks, the wider market has yet to catch up with alternatives. And everyone is just so sucked into neural networks that nobody has been thinking about some of the other techniques."

Persons: Noel Hurley, Hurley, Mignon, it's, Alex Yakovlev, Rishad Organizations: Cambridge, Labs, Newcastle University, Business, Yakovlev, Literal Labs

☆ Charles Darwin’s complete library has been reassembled for the first time
▼ + stars: | 2024-02-11 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —For the first time since his death in 1882, Charles Darwin’s impressive library has been virtually reassembled to reveal the multitude of books, pamphlets and journals cited and read by the influential naturalist. The catalog includes 9,300 links to copies of the library contents that are available for free online, inviting the public to peruse what Darwin read. After receiving letters from researchers and the public asking about specific titles from Darwin’s library, van Wyhe and his colleagues began their project to recreate it virtually in 2007. “He was a very highly educated person who learned ancient Greek and Latin in school as well as French,” van Wyhe said. “Instead of basing one’s understanding on the authors Darwin read that are mentioned in biographies, etc., anyone can now scroll through his whole library.

Persons: Charles Darwin’s, Darwin, “, ”, Dr, John van Wyhe, of Charles Darwin ”, Darwin’s, van Wyhe, ” van Wyhe, Charles Darwin, Walter William Ouless, John James Audubon, Paul Du Chaillu, John Stuart Mill, Auguste Comte, Elizabeth Gaskell’s “ Organizations: CNN, Darwin, National University of Singapore, of, University of Cambridge, Down, “, Cambridge University Library, Christ’s College Cambridge, HMS Locations: Darwin, Piecing, Downe , England, Down, Rischgitz, South America, Equatorial Africa, Africa, Swedish, Spanish

☆ An academic analyzed everything Mark Zuckerberg said publicly for 20 years — but still doesn't feel like he knows him
▼ + stars: | 2024-01-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

The academic launched the project after the Meta boss discussed privacy issues in interviews. AdvertisementA lot has changed for Mark Zuckerberg since the drunken night at Harvard in 2003 when he decided to release Facemash. Mark Zuckerberg is CEO of Facebook owner Meta. "The Zuckerberg Files came out of a project where I was thinking about how Zuckerberg talks about privacy," Zimmer explained in the documentary. Zimmer thinks the exhaustive project has been "really insightful" in helping track the maturity of both Zuckerberg and his company.

Persons: Michael Zimmer, Mark Zuckerberg's, intentensly, Zimmer, —, Mark Zuckerberg, Zuckerberg, Meta, Kevin Dietsch, David Kirkpatrick, Sheera Frenkel, Kara Swisher, He's, he's, Elon Musk Organizations: Service, Harvard, Facebook, Zuckerberg, San Francisco Chronicle, Capitol, Cambridge, Meta Locations: Marquette, Hawaii

☆ Meta to expand encryption on Messenger making it similar to WhatsApp
▼ + stars: | 2023-12-07 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +4 min

Because of the encryption technology "nobody, including Meta, can see what's sent or said, unless you choose to report a message to us," Loredana Crisan, the head of Messenger, wrote in an accompanying blog post . Since 2016, Messenger users could choose, or opt-in, to safeguarding their chats via a process referred to as end-to-end encryption, which scrambles peoples' communications so that third-parties can't eavesdrop and access the data. Although Meta's other messaging app, WhatsApp, also utilizes end-to-end encryption, privacy advocates have generally considered Signal to be a more secure communication service because it collects less user data. "After years of work rebuilding Messenger, we've updated the app with default end-to-end encryption for all personal calls and messages," Meta CEO Mark Zuckerberg wrote in a Facebook post on Wednesday. In 2022, Meta conducted a test on Messenger that let users back up their end-to-end encrypted conversations in case they needed to access them on another device.

Persons: Crisan, what's, Meta, Mark Zuckerberg, Zuckerberg Organizations: Meta, Facebook, Cambridge, Federal Bureau of Investigation, Apple, IBM Locations: Nebraska, San Bernardino , California, WhatsApp, United Kingdom

☆ Maker of Wegovy, Ozempic showers money on U.S. obesity doctors
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +23 min

Novo spent at least $25.8 million over the past decade on U.S. medical professionals to promote its two obesity drugs, Wegovy and Saxenda, the analysis found. Jastreboff has also worked on clinical trials of obesity drugs for Eli Lilly, which markets a Wegovy competitor. Some doctors said Novo’s payments exemplify how the flood of industry money can dominate decision-making about care and coverage. Government pharmacy officer Solaru said her agency concluded that the new obesity drugs could be cost-effective by preventing other weight-related diseases and boosting workplace productivity. In January, the personnel office told its health plans they must cover at least one GLP-1 obesity drug for 8 million workers, retirees and family members.

Persons: Lee Kaplan, Kaplan, ”, gastroenterologist, He’s, Novo, Donna Ryan, Ryan, “, ” Kaplan, ” Novo, Robert Lustig, “ I’m, Lustig, They’re, Ania, ” Jastreboff, Jastreboff, Eli Lilly, Lilly’s Zepbound, Lilly, ” Lilly, Novo’s, Ayana, Sanders, Arthur Kellermann, ” Kellermann, mouthpieces, ’ ”, “ I'm, Jamy Ard, Ard, Dele, ” Solaru, ” Ryan, Scott Kahan, Kahan, Solaru, Christine Gallagher, Wegovy, Rebekah Carl, Carl, Jen Wexler, gaunt, Wexler Organizations: Novo Nordisk, Dartmouth, Nutrition Institute, Massachusetts General Hospital, Harvard Medical School, Reuters, Cambridge, Obesity Society, U.S ., Management, Reuters . Pharmaceutical, ”, U.S, United, National Health Service, University of California, U.S . Food, Drug Administration, Doctors, Wegovy’s, BMI, Yale University’s Center, Weight Management, Wall Street, American Medical Association, Rutgers University’s School of Public Health, Affordable, . Pharmaceutical, Companies, Uniformed Services University of Health Sciences, Wake Forest University, Wake Forest Baptist Health Weight Management, Obesity, Pennington Biomedical Research, U.S . National Institutes of Health, Personnel Management, Coalition, STOP, George Washington University, Novo Locations: CAMBRIDGE, Massachusetts, Boston, U.S, Novo, Danish, United States, Louisiana, San Francisco, Wegovy, Pennington, Baton Rouge , Louisiana, Government, New Columbia , Pennsylvania, Florida

☆ ‘Bone biographies’ reveal what life was like for medieval commoners
▼ + stars: | 2023-12-01 | by ( Ashley Strickland | Amy Woodyatt | ) edition.cnn.com time to read: +9 min

“An osteobiography uses all available evidence to reconstruct an ancient person’s life,” said lead study author John Robb, a professor at Cambridge University, in a statement. “Our team used techniques familiar from studies such as Richard III’s skeleton, but this time to reveal details of unknown lives — people we would never learn about in any other way.”An illustration shows a typical marketplace in medieval Cambridge. Mark Gridley/After the PlagueThe bone biographies are available on Cambridge University’s After the Plague project website. Together, the bones tell a collective story about a cross section of people living in medieval Cambridge and the hardships they faced. “Everyday diseases, such as measles, whooping cough and gastrointestinal infections, ultimately took a far greater toll on medieval populations,” Robb said.

Persons: —, ”, John Robb, “, Richard III’s, Mark Gridley, Sarah Inskip, osteoarchaeologist, John the, ” Robb, Anne, Eudes, Edmund, John, Wat, Robb, Christiana, Dickon, Maria, infirmity Organizations: CNN —, Cambridge, Cambridge University, University of Leicester, Cambridge’s Hospital of St, St, John’s, Stourbridge Fair, University of Cambridge, “, Cambridge Archaeological, Hospital of St Locations: Cambridge, Cambridge’s, Wat, Christiana, Norway, Stourbridge, England, ”, Europe

☆ Research unveils gruesome history of Tasmanian tiger skins in British museum’s collection
▼ + stars: | 2023-11-29 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

Warning: This article contains disturbing descriptions about the practices of colonial settlers in Tasmania and violence against Tasmanian Aboriginal peoples. “In all, Allport shipped five Tasmanian Aboriginal skeletons to Europe, proudly identifying himself as the most prolific trader in Tasmanian bodily remains,” according to the study. The colonial government allowed settlers to murder Tasmanian Aboriginal people without punishment and, in 1830, even established a bounty for the capture of Indigenous humans and Tasmanian tigers, or thylacines. Some Aboriginal Tasmanian people did survive colonial persecution, Ashby added, though at brutal costs. Their descendants make up today’s Tasmanian Aboriginal community, Ashby said.

Persons: Jack Ashby, Morton Allport, Allport, Ashby, It’s, ” Ashby, Mortan Allport, ”, incentivized Allport, William Lanne, William Crowther, Crowther, Truganini, thylacines, “ We’re, Rebecca Kilner, ” Kilner Organizations: Tasmanian Aboriginal, CNN, Cambridge University’s Museum of Zoology, Tasmanian, Allport Library, Museum of Fine Arts, State, of, Royal Society of Tasmania, Royal Society, British Museum, University Museum of Zoology, Cambridge, University of Cambridge Grappling Locations: Tasmania, United Kingdom, Europe, Belgium, of Tasmania, Great Britain, London, Bass, ”, Brussels, Tasmanian, Cambridge

☆ The Cambridge Dictionary named 'hallucinate' its word of the year — and it captures the AI industry's biggest challenge
▼ + stars: | 2023-11-22 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

The Cambridge Dictionary is updating the definition of the word "hallucinate" because of AI. Hallucination is the phenomenon where AI convincingly spits out factual errors as truth. It's a word that also captures one of the AI industry's key challenges: misinformation. AdvertisementThe Cambridge Dictionary's newly crowned word of the year is a familiar one, but it's taking on a new meaning because of AI. Business leaders and misinformation experts have also voiced their concerns over how AI might worsen the state of online misinformation.

Persons: —, Morgan Stanley, Wendalyn Nichols Organizations: Cambridge, Service, Gizmodo, CNET, Microsoft, AIs

☆ Britain to invest 300 million pounds in AI supercomputing
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

British Prime Minister Rishi Sunak delivers a speech on AI at Royal Society, Carlton House Terrace on October 26, 2023 in London, England. Funding for the "AI Research Resource" will be increased to 300 million pounds ($363.57 million) from a previously announced 100 million pounds, the government said at an AI safety summit aimed at charting a safe way forward for the rapidly evolving technology. "Frontier AI models are becoming exponentially more powerful," British Prime Minister Rishi Sunak said on social media platform X. "This investment will make sure Britain’s scientific talent have the tools they need to make the most advanced models of AI safe." The machines, which will be running from summer next year, will be used to analyse advanced AI models to test safety features, as well as to drive breakthroughs in drug discovery and clean energy, the government said.

Persons: Rishi Sunak, Peter Nicholls, Bristol's, Kylie MacLellan, Kirsten Donovan Organizations: British, Royal Society, Carlton, Terrace, REUTERS, Nvidia, Hewlett Packard Enterprise, Dell, SME, Thomson Locations: London, England, Britain, Cambridge, Bristol

☆ How options traders are setting up for the major tech earnings this week
▼ + stars: | 2023-10-23 | by ( Michael Khouw | ) www.cnbc.com time to read: +15 min

Big Tech earnings This week is less about reading between the lines/through results, and contextualizing management comments, but rather it's about the market itself. AI - AI - AI! The options market is implying an earnings related move of 4.7%. Our options market sentiment score for GOOG/GOOGL is 80th percentile - which one may think of like a score/grade, so a B- in terms of options sentiment. Call open interest is 15% higher than put open interest, our options market sentiment score is 83% so B/B- territory.

Persons: ChatGPT, Bing, it's, AMZN, Mark Zuckerberg's, Zuckerberg, one's Organizations: Cambridge, JPMorgan Chase, Citigroup, Bank of America, BlackRock, Goldman, Equity, Big Tech, Microsoft, Apple, Nvidia, Inc, Investors, YouTube, Amazon, Google, Gaming, Activision, Logistics, Federal Express, CNBC, ExxonMobil, Chevron, Visa, Mastercard, Merck, Co Locations: financials, Wells Fargo

The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing RightsCompanies Meta Platforms Inc FollowOct 18 (Reuters) - A shareholders' proposed class action accusing Meta Platforms Inc (META.O) of concealing sweeping misuse of Facebook users' data in 2017 and 2018 was revived by a U.S. appeals court on Wednesday. Circuit Court of Appeals in San Francisco restored shareholders' claim that the company, then known as Facebook, falsely said that user data "could" be compromised. At the time, the company was already aware that the UK-based consulting firm Cambridge Analytica had violated its privacy policies, shareholders allege. Circuit Judge Patrick Bumatay dissented, saying that Facebook's disclosures concerned the type of risks involved in its business, not whether or not a data breach had occurred.

Persons: Yves Herman, Cambridge Analytica, Margaret McKeown, Darren Robbins, Donald Trump's, Patrick Bumatay, Jody Godoy, Jonathan Oatis Organizations: REUTERS, Meta, Inc, Facebook, U.S, Circuit, Cambridge, Shareholders, Thomson Locations: Brussels, Belgium, San Francisco

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