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Cryptocurrency scam: Police says accused met victims on trading sites
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New frontiers beckon for Amazon as Bezos heads up and away
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Plus: Enormo AI chip gets an upgrade, and more
Katyanna Quach Sat 24 Apr 2021 // 02:26 UTC Share
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In brief Banks in America are reportedly rolling out cameras with machine-learning software to surveil people, claiming it’ll help reduce fraud, provide a better service to reduce wait times, and monitor homeless people sleeping near ATMs.
Top names like JP Morgan to Wells Fargo are deploying facial-recognition technology to observe staff and customers on a wide scale, according to Reuters this week.
Some banks, such as City National Bank of Florida, are testing software to identify customers and employees at its branches for security purposes. Others, such as Southern Bank, use cameras backed up by AI tech to detect any suspicious activity around ATMs and can transmit audio messages telling people hanging around the machines to move away. Chase said the software it installed is not designed to recognize people’s identity, race, or gender.
Oliver Dowden says it is appropriate to properly consider the national security implications of a takeover
19 April 2021 • 4:13pm
Nvidia faces an in-depth probe into its $40bn takeover of Cambridge semiconductor company Arm amid rising concerns that the deal could affect national security.
Oliver Dowden, the Culture Secretary, has ordered the Competition and Markets Authority (CMA) to open an investigation into the takeover to ensure that any national security implications for the United Kingdom are explored .
The concerns centre on the use of Arm s technology in critical infrastructure in the UK as well as being used by aerospace and defence suppliers operating in Britain.
Chips are down as Nvidia s $40bn Arm takeover faces gauntlet of investigations
Regulators around the world are lining up to scrutinise one of the tech industry s biggest ever deals
1 March 2021 • 8:07am
Few companies have as many things going simultaneously in their favour today as the Silicon Valley processor maker Nvidia.
The company’s graphics chips are in furious demand as locked down households turn to video games in record numbers. The cryptocurrency boom has revived demand for high-powered mining rigs that use Nvidia’s technology. Skyrocketing internet use has led to huge investments in data centres, where its AI chips are increasingly becoming a fixture. And forthcoming technologies like driverless cars and delivery robots are also set to rely on its processors.
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