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☆ Arizona is running out of water. Big Tech data centers are partly to blame.
▼ + stars: | 2023-06-30 | by ( Alistair Barr | ) www.businessinsider.com time to read: +4 min

The area has several data centers that use lots of water. In 2021, all the company's data centers consumed 4.34 billion gallons of water. But these data centers have a part to play in Arizona's water shortage. Why do big tech companies build data centers in the middle of a desert? Microsoft said in 2021 that its Arizona data centers would use "zero water" for cooling using adiabatic cooling, which uses outside air instead of water.

Persons: Katie Hobbs, hasn't, there's Organizations: Google, Bloomberg, Microsoft, Meta Locations: Arizona, Phoenix, Mesa

☆ 'Obama,' 'Trump gets impeached twice' and the other top political references in Fall Out Boy's new cover of the Billy Joel classic 'We Didn't Start the Fire'
▼ + stars: | 2023-06-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Fall Out Boy's new cover of the 1989 Billy Joel classic covers a lot of the bases the original touch. "Cambridge Analytica" (2018): The British consulting firm had been around for years, but bombshell reporting by The New York Times and The Guardian in 2018 sparked a scandal. Obama went on to defeat Republican presidential nominee John McCain en route to becoming the nation's first Black president. "Trump gets impeached twice" (2021): President Donald Trump became the first president to be impeached twice in the wake of the January 6, 2021 Capitol riot. Video later showed that Rice, who was 12 years old, was killed within two seconds of officers arriving, The New York Times reported.

Persons: Billy Joel, Obama, Trump, —, Billy Joel's, Gamal Abdel Nasser, Dwight D, Eisenhower, It's, Egypitan Hosni Mubarak, Muammar Gaddafi, Rodney King, King, Vladimir Putin, Putin, Viktor Yanukovych, Russia's, Donald Trump's, Alexander Nix, Cambridge Analytica, Osama bin Laden's, Illinois Sen, Barack Obama, New York Sen, Hillary Clinton, John McCain, Donald Trump, acquit Trump, Roberto Schmidt, Timothy McVeigh, Alfred P, Marjorie Taylor Greene, Sandra Bland, Tamir Rice, Bland, Rice, George Floyd, Derek Chauvin, Chauvin, Kerem Yucel, Gore, George W, Bush, Al Gore, Sandra Day O'Connor, Tom Delonge Organizations: Service, Cubs, Israel, NPR, National Guard, Russia, Cambridge, The New York Times, Guardian, London Thomson Reuters, US, New York, Democratic, Affordable, Republican, AFP, Getty, Murrah Federal Building, Georgia Republican, Minneapolis Police, Civil, Hennepin County Government Center, Texas Gov, Electoral College, Washington Post, CNN, Fox News, The Washington Post, New York Times Locations: Suez, Israel, Egypt, United Kingdom, France, British, Tunisia, North Africa, California's, Crimea, Ukraine, Azov, Kerch, Moscow, Russian, London, Afghanistan, Illinois, Iowa, Washington, Oklahoma, Georgia, The, Hennepin County, Minneapolis , Minnesota, AFP, Florida

☆ HPE to offer cloud computing service for artificial intelligence
▼ + stars: | 2023-06-20 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

June 20 (Reuters) - Hewlett Packard Enterprise Co (HPE) (HPE.N) on Tuesday said that it is rolling out a cloud computing service designed to power artificial intelligence systems similar to ChatGPT. That shift toward AI is shaking up the cloud computing market because data centers must be built very differently to handle such work. In a typical cloud computing data center, software is used to chop up a single physical server into many smaller "virtual" machines that can then be rented out to customers. But data centers for artificial intelligence take an opposite approach. Justin Hotard, executive vice president and general manager of HPE's high-performance computing and artificial intelligence unit, said the company will use its experience in supercomputers to offer a service specifically for what are called large language models, the technology behind services like ChatGPT.

Persons: HPE, Justin Hotard, Hotard, Stephen Nellis, Franklin Paul Organizations: Hewlett Packard Enterprise Co, Microsoft Corp, Google, Frontier, National Laboratory, Franklin Paul Our, Thomson Locations: North America, Europe, United States, San Francisco

☆ How the technology behind ChatGPT could make mind-reading a reality
▼ + stars: | 2023-05-23 | by ( Donie O'Sullivan | ) edition.cnn.com time to read: +6 min

Neuroscientists at the University of Texas in Austin have figured out a way to translate scans of brain activity into words using the very same artificial intelligence technology that powers the groundbreaking chatbot ChatGPT. Before entering the fMRI machine, CNN correspondent Donie O'Sullivan was given specialized earphones to listen to an audiobook during his brain scan. While the technology is still in its infancy and shows great promise, the limitations might be a source of relief to some. While the technology at the moment only works in very limited cases, that might not always be the case. “Technology can improve and that could change how well we can decode and change whether decoders require a person’s cooperation.”

Persons: ”, It’s, ” Alexander Huth, ” Huth, Huth, Dorothy, Donie O'Sullivan, CNN Huth, can’t, Jerry Tang, ” Tang, “, Sam Altman, Altman, Tang Organizations: CNN, University of Texas, UT Austin Locations: Austin , Texas, Austin, San Francisco, Texas

Global supply chains grew overwhelmed as they struggled to deliver. But Prange said most of his supply chain had stabilized - meaning he was able to get most of what he needed - by the end of 2021. "One of the headwinds is inflation," said Kevin Austin, the supply chain chief for Toyota Motor North America. Meanwhile, the global supply chain snarls of the pandemic have diminished. The New York Fed's Global Supply Chain Pressure Index ticked down to a reading of -1.32 in April, compared to a revised -1.15 in March.

☆ Take-Two stocks soars 13% after earnings come in mixed but guidance hints Grand Theft Auto 6 will be released in 2024
▼ + stars: | 2023-05-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Take-Two Interactive soared 13% on Thursday after the company offered strong guidance that suggests a 2024 release for Grand Theft Auto 6. While the company expects its fiscal 2024 net booking to be as much as $5.55 billion, it expects its fiscal 2025 net bookings to surge to more than $8 billion. Take-Two's fiscal 2024 year is in calendar-year 2023, while its fiscal 2025 year is in calendar-year 2024. Take-Two's Grand Theft Auto series has been wildly successful, with the 2013 release of Grand Theft Auto 5 driving lifetime unit sales of 180 million. Investors got a taste of what Grand Theft Auto 6 could look like after a massive data leak in September 2022 led to gameplay videos being posted online.

☆ Researchers found a surefire predictor of success — and what separates those who find it from those who keep failing
▼ + stars: | 2023-05-12 | by ( Susie Allen | Kellogg Insight | ) www.businessinsider.com time to read: +12 min

Using this insight, the researchers are able to successfully predict an individual's long-term success with just a small amount of information about that person's initial attempts. Indeed, in another recent study, Wang himself found that an early career setback often set up scientists for later success. In all three datasets, an individual's second-to-last attempt did tend have a higher probability of success than their very first effort. Rather, there's a singular learning threshold that separates eventual successes from the rest. "Thomas Edison said, 'people give up because they don't know how close they are to success,'" Wang explains.

☆ FTC chair Lina Khan says she's on alert for abusive A.I. use
▼ + stars: | 2023-05-03 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

"Although these tools are novel, they are not exempt from existing rules, and the F.T.C. In the op-ed, Khan detailed several ways AI might be used to harm consumers or the market that she believes federal enforcers should be looking for. One possible effect enforcers should look out for, according to Khan, is the impact of only a few firms controlling the raw materials needed to deploy AI tools. Khan also warned that AI tools used to set prices "can facilitate collusive behavior that unfairly inflates prices — as well as forms of precisely targeted price discrimination." Khan also warned that generative AI "risks turbocharging fraud" by creating authentic-sounding messages.

☆ Tech giants are pouring money into A.I. as they cut costs elsewhere
▼ + stars: | 2023-04-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +7 min

He said Google is using AI to improve the conversion rate of ads and reduce the amount of "toxic text" that goes into AI models. "There will be a small number of companies that want to invest that time and money and we will be one of them at Amazon," Jassy said. A concept he's particularly excited about is "AI agents," which often refer to AI programs that can carry out goals. "At this point we are no longer behind in building out our AI infrastructure," Zuckerberg said. Zuckerberg said the company would need to "continue investing," but would do so after it launches its generative AI products and gets a better grasp on the resources required.

☆ ChatGPT needs to 'drink' a water bottle's worth of fresh water for every 20 to 50 questions you ask, researchers say
▼ + stars: | 2023-04-14 | by ( Will Gendron | ) www.businessinsider.com time to read: +4 min

Training GPT-3 requires water to stave off the heat produced during the computational process. Every 20 to 50 questions, ChatGPT servers need to "drink" the equivalent of a 16.9 oz water bottle. While training GPT-3 in its data centers, Microsoft was estimated to have used 700,000 liters — or about 185,000 gallons — of fresh water. When asked about LaMDA's water usage, Google pointed to a November 2022 report that published 2021 data on the broad consumption of water across data centers. "While it is impossible to know the actual water footprint without detailed information from Google, our estimate shows that the total water footprint of training LaMDA is in the order of million liters," the researchers wrote.

☆ Companies like Uber and Amazon use AI to pay people different wages for the same work, a new study finds
▼ + stars: | 2023-04-13 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Some companies use AI to pay workers "different amount for the same amount of work," per new research. As companies adopt AI, she's concerned these practices could become prevalent in other industries. According to Dubal, companies like Amazon and Uber have "massive data sets" on the contract workers using their delivery or rideshare platforms, including when they work, for how long, and what kind of pay they've taken for past jobs. One Uber driver Dubal interviewed, Domingo, recalled being one ride of short of unlocking a $100 bonus one evening, but then said he experienced 45 minutes of "dead time" in a popular area before he was able to get another ride. Dubal described the alleged variable pay system as the "gamblification of work," a sentiment other gig workers shared.

☆ Shares of China's SenseTime jump after it unveils new AI products
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of SenseTime is seen at SenseTime office, in Shanghai, China December 13, 2021. REUTERS/Aly Song/File PhotoHONG KONG, April 11 (Reuters) - Shares of Chinese artificial intelligence (AI) company SenseTime (0020.HK) surged as much as 11% on Tuesday, a day after it unveiled a series of new AI-powered products as it joins a global race to dominate the sector. China's Alibaba Group Holdings (9988.HK) and Japan's Softbank Group Corp (9984.T) are both invested in the Chinese AI company. SenseTime's shares rose to as high HK$3.70, up 11.1% from its previous close but below its initial public offering price of HK$3.85 in December 2021. Alibaba's shares rose as much as 3.8%, while Softbank climbed 0.5%.

☆ China's SenseTime unveils new AI products and chatbot
▼ + stars: | 2023-04-10 | by ( Josh Ye | ) www.reuters.com time to read: +3 min

[1/2] The logo of SenseTime is seen at SenseTime office, in Shanghai, China December 13, 2021. REUTERS/Aly SongHONG KONG, April 10 (Reuters) - China's SenseTime (0020.HK) unveiled on Monday a slew of new artificial intelligence-powered products including a chatbot and image generator, joining a global race ignited by the popularity of OpenAI's ChatGPT. Big models are typically trained on massive datasets using powerful hardware. Global interest in AI technology has soared since the debut in late 2022 of ChatGPT, a popular chat bot developed by U.S. company OpenAI which uses generative AI technology that learns from past data to create new text, images or computer code. "We have been focusing on developing our big models.

☆ Clearview AI scraped 30 billion images from Facebook and gave them to cops: it puts everyone into a 'perpetual police line-up'
▼ + stars: | 2023-04-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +9 min

Clearview AI scraped 30 billion photos from Facebook to build its facial recognition database. Representatives for Clearview AI did not immediately respond to Insider's request for comment. Since then, the spokesperson told Insider, Meta has "made significant investments in technology" and devotes "substantial team resources to combating unauthorized scraping on Facebook products." CNN reported Clearview AI last year claimed the company's clients include "more than 3,100 US agencies, including the FBI and Department of Homeland Security." "You don't know what you have to hide," Guariglia told Insider.

☆ How Walmart is using A.I. to make shopping better for its millions of customers
▼ + stars: | 2023-03-27 | by ( Susan Caminiti | Kevin Travers | ) www.cnbc.com time to read: +1 min

Amid the recent flurry of excitement around the transformational potential of ChatGPT is the fact that companies have been using artificial intelligence across their businesses for years. But few companies have the ability to gather the massive data sets that power AI quite like Walmart . There are roughly 4,700 Walmart stores and 600 Sam's Clubs in the U.S. employing a combined 1.6 million workers — or associates as the company likes to call them. "[Customers] are generating all these breadcrumbs about what they like and want and that's allowing us to make the shopping experience better," she said. At Sam's, that means staying on top of roughly 6,000 items stacked on shelves in warehouse stores that average 136,000 sq.

☆ These 74 stocks across 5 categories of AI are the top picks from the sector's leading fund managers.
▼ + stars: | 2023-03-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ A think tank created by a Palantir co-founder is behind a slew of bills criminalizing homeless encampments
▼ + stars: | 2023-03-15 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

A think tank created by a Palantir co-founder is behind model legislation banning "public camping." So far, Texas and Missouri have passed laws making public camping a Class C misdemeanor. Many states and cities have taken a punitive approach to the problem, making homeless encampments illegal. In 2021, Texas became the first state to pass a Cicero-inspired state-wide law, making public camping a Class C misdemeanor punishable with up to a $500 fine. And, if they don't comply with the ban, it criminalizes their living condition," Eric Samuels, president and CEO of the Texas Homeless Network, said in a statement at the time.

☆ Venture Capital Investors Are Trying to Take Over Pandemic Response
▼ + stars: | 2023-03-12 | by ( Adam Rogers | ) www.businessinsider.com time to read: +19 min

Private capital has been eyeing public health for years. Several founders and investors told me that the failure of Kleiner's fund made Silicon Valley wary of investing in pandemic preparedness. Venture investors love that kind of thing. Public health and private industryWhen COVID hit, Charity Dean was the assistant director of the California Department of Public Health. In the end, almost every pandemic-related product created by Silicon Valley will ultimately require the government as a primary customer.

☆ Top analysts are bullish on these five stocks in uncertain times
▼ + stars: | 2023-03-12 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are five stocks to weather the storm, according to Wall Street's top professionals on TipRanks, a platform that ranks analysts based on their past performance. Despite the ongoing pressures, cloud-based data warehouse company Snowflake (SNOW) delivered upbeat quarterly results. The company's fiscal 2023 fourth-quarter results missed expectations due to macro pressures, higher costs, supply chain issues and increased promotional activity. TD Cowen analyst Shaul Eyal remains bullish about Zscaler and reiterated a buy rating with a price target of $195 following the results. (See Zscaler Hedge Fund Trading Activity on TipRanks) Eyal holds the 15th position among more than 8,000 analysts on TipRanks.

☆ The secret to faster delivery is clear: overhauling the street address as we know it
▼ + stars: | 2023-02-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +4 min

Confused delivery drivers add time, cost, and frustration to deliveries. Tech companies are looking to close the data gap between an address and a completed delivery. The English tech company throws out traditional addresses and instead divides the world into a grid of 10-foot by 10-foot squares. In a delivery scenario, the drive receives the code, which identifies the grid square containing the entrance as opposed to the traditional address. Pooling local knowledgeBeans.ai is another company that's looking to cut down on wasted time and emissions with more precise address data — but this time built with shoe leather.

☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

Robin Li (or Li Yanhong in Chinese), founder, chairman and CEO of Baidu, introduces the new AI-powered digital assistant "Duer" during the 2015 Baidu Technology Innovation Conference on September 8, 2015 in Beijing, China. Shares of Baidu surged by more than 13% in Hong Kong as the company said it will launch its own artificial intelligence chatbot. The stock rose to $159.80 Hong Kong dollars per share, or 13.48% higher in Asia's morning trade. Google recently announced a similar service, Bard A. I.Ernie stands for "Enhanced Representation through Knowledge Integration," Baidu said, describing it as a "large language model" that was introduced in 2019. "What distinguishes ERNIE from other language models is its integration of extensive knowledge with massive data, resulting in exceptional understanding and generation capabilities," Baidu said.

☆ ChatGPT is coming for Wall Street next
▼ + stars: | 2023-02-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Insider's Paige Hagy and Bianca Chan asked industry experts how they see a tool like ChatGPT impacting all areas of Wall Street, from investment banking to financial planning to consumer banking. So if your boss pitches you on using ChatGPT to help "streamline your workflow" understand that you could be training your replacement. Click here to read more about the types of jobs ChatGPT might upend across Wall Street. Wall Street trading firm GTS Securities is looking to make investing in music royalties accessible to the general public, Bloomberg reports. Stephanee Beggs made seven figures selling her study materials on TikTok and Etsy, which means she cleared more business than half the bankers on Wall Street.

☆ A mailman, a NASA scientist and a park ranger: Some government employees shrug off TikTok bans
▼ + stars: | 2023-01-28 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +8 min

Jean-Pierre, who’s from Morristown, New Jersey, has attracted 215,500 followers on the video app where most days he posts from his mail truck during his lunch break. As of last month, all federal workers are banned from having TikTok on their work phones. In some places, using a personal device isn’t enough to get around TikTok restrictions. There’s no telling precisely how many federal workers use TikTok, but certain hashtags show the breadth of its popularity. The public relations staff at some federal agencies said they had no plans to interfere with what federal workers did on their own.

At Salt Lake City International Airport (SLC), a set of tire chains and a taxidermy rat landed in lost-and-found. The aptly named Lost and Found Software serves many U.S. and international airports as well as public transportation systems. Despite their differences, each provider promises to help customer service workers not only connect more lost items with their owners but to speed up returns as well. Hartsfield-Jackson Atlanta International Airport (ATL), Southwest Airlines, JetBlue, Delta Air Lines and others use NetTracer, which has been operating since 2004. Boomerang recently landed two airport customers: Savannah/Hilton Head (SAV) and New York’s Syracuse Hancock International Airport (SYR).

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