In a recent survey from the Certified Financial Planner Board, 31% of investors said they would be fine to follow AI financial advice without verifying the information. Around one in three United States investors would be open to following AI-generated financial advice without verifying it with another source, according to a recent survey. On Aug.…
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BRICS nations should address the risks related to artificial intelligence (AI), Chinese President Xi Jinping said during the group’s summit in South Africa. China’s leader is also convinced that the members of the economic bloc must work to standardize the technology. BRICS Should Strive for AI Standardization, Chinese President Suggests BRICS members should resist the…
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Financial markets are watching closely as Federal Reserve Chairman Jerome Powell prepares to speak at the annual Jackson Hole meeting this Friday. A vital calendar event for central bankers and market watchers, the meeting will offer a platform for discussing changes in monetary policies and economic directions, among other topics. In the lead-up to Powell’s…
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Shares of the major American chipmaker Nvidia (NVDA) rose in premarket trading on Thursday after the company revealed significantly stronger earnings than expected for the second quarter. According to the report, Nvidia’s earnings per share (EPS) for the quarter came in at $2.7, significantly higher than the $2.08 that analysts had expected…. Read More: Nvidia’s…
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South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text. South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X — its newest generative AI chatbot, which is aimed at Korean-language users. On Aug.…
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AI is bullish on Dogecoin. That’s according to a chat recently shared by crypto news website Finbold with Google’s generative AI chatbot Bard. According to Bard, Dogecoin could recover to $0.10 by the end of 2023, marking an increase of as much as 60% from its current price levels around $0.06…. Read More: Google Bard…
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Palo Alto Networks CEO Nikesh Arora warned that “bad actors are getting faster” and stressed that companies need to beef up cybersecurity defenses. Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before. Speaking to Jim…
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The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI. British Prime Minister Rishi Sunak is set to spend 100 million pounds ($130 million) to buy thousands of computer chips to power artificial intelligence amid a global shortage and…
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Quantum Blockchain Technologies (QBT), a research firm hailing from the U.K., purports to have spearheaded a revolutionary leap in bitcoin mining tech. They’ve unveiled certain methods that reportedly enhance the chances of pinpointing a winning hash. One such strategy, dubbed “Method B,” asserts it elevates the likelihood by a remarkable 260% compared to traditional mining…
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