Page 172 - Data Science For News Today

The letter, issued a week before the international AI Safety Summit in London, lists measures that governments and companies should take to address AI risks.

To be sure, Infosys, HCLTech and Wipro have slashed their revenue guidance for the upcoming quarter and full fiscal amid a freeze on tech spends and delay in decision making.

Bitcoin rose 6% on Tuesday to to $35,198, its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded bitcoin fund is imminent.

"From last quarter to now were probably feeling a little more optimistic, but that happens when the pace of change in the negative starts to slow," Boynton said after Logitech posted its second quarter earnings.

The U.S. tech giant said it would raise its computing capacity in Australia by 250%, enabling the worlds No. 13 economy to meet demand for cloud computing - the practice of storing data on a separate network - which was expected to double from 2022 to 2026 as AI became more prevalent.

The development closes one of many bankruptcies the crypto industry saw since last year, in what has been one of the most challenging periods for the sector.

A few countries have introduced central bank digital currencies (CBDCs), China is trialling a prototype yuan with 200 million users, India is gearing up for a pilot and some 130 countries representing 98% of the global economy are exploring digital cash.

From low-quality computer-written books flooding the market to potential copyright violations, publishing is the latest industry to feel the threat from rapid developments in artificial intelligence. Still, critics say the works are of low quality and sense little threat from AI for now.

The Japan Fair Trade Commission (JFTC) said it would investigate whether Google violated Japans Antimonopoly Act, including by returning part of its revenues to Android smartphone makers on the condition that they not install rival search engines.

The European Commission, the European Unions executive arm, along with EU member states, must still give final approval for the deal, the report added, citing officials.