As the world grapples with the rapid advancements in artificial intelligence (AI), various industries are feeling its impact. From banking giants warning of AI-related cybercrime risks to AI companies racing to develop new models, the landscape is shifting at an unprecedented pace. In this news brief, we'll delve into the latest developments and trends in AI, exploring its potential to both supercharge creativity and bolster cybercrime, as well as its growing influence on the tech sector and beyond.
Banking Giants Warn of AI-Related Cybercrime Risks
Wall Street banking giants have begun warning investors about the risks associated with AI use, including AI "hallucinations," cybercriminals using the technology, and its effect on employee morale. As AI becomes more prevalent, banks are at risk of using outdated, biased, or inaccurate financial data sets, which could negatively impact their reputation and operations.
Google DeepMind Unveils New AI Models for Controlling Robots
Google DeepMind has unveiled new AI models for controlling robots, enabling them to interact with objects, navigate environments, and perform tasks in response to voice commands. The Gemini Robotics model was trained to generalize behavior across different robotics hardware and connect items robots can "see" with actions they might take.
Big AI Inference Has Become a Big Deal and a Bigger Business
The inference market is overtaking training in global revenue, with companies like Nvidia and Cerebras Systems releasing massive accelerators and infrastructure to support this trend. Cerebras Systems is targeting problems that are a good fit for its wafer-scale approach to AI, which is 30 times faster and 90% cheaper.
Can AI Supercharge Creativity Without Stealing from Artists?
The relationship between generative AI and artists has been predatory, with AI companies scraping the internet for original work without permission. However, some companies are taking steps to support creators and enrich the ecosystem, such as Adobe's Firefly generative model, which only uses Adobe Stock images and compensates creators.
Tech Stocks Could Rebound Sharply in 2025 as AI Investments Accelerate
Wedbush analysts predict a 25% surge in technology stocks in 2025, driven by accelerating investments in AI and favorable regulatory shifts. The firm expects AI-related capital expenditures to reach $2 trillion, fueling demand for companies like Nvidia and Microsoft.
Machine Learning-Based Estimation of Density of Binary Blends of Cyclohexanes in Normal Alkanes
Researchers have developed intelligent models based on machine learning methods to predict the density of binary blends of cyclohexanes in normal alkanes. The study aims to provide robust tools for accurate prediction, which is crucial for fuel transportation and combustion studies.
DLA Seeking AI-Powered Financial Management Service
The Defense Logistics Agency (DLA) is seeking feedback from the industry for innovative AI-driven services to enhance its financial reporting and auditing processes. The agency aims to boost efficiency and accuracy by utilizing AI technology.
AI Boom or Copyright Doom? Lessons from Asia
Japan and Singapore have approved AI-friendly copyright laws, allowing copyrighted works to be used for AI text and data mining. However, mounting opposition from copyright holders is nudging both Asian governments to encourage licensing deals and clarify conditions for consent for AI training on copyright works.
T.J. Miller Joins Indie Techno-Thriller Movie 'A.I. Heart U'
T.J. Miller has joined the ensemble cast of the indie techno-thriller movie 'A.I. Heart U,' which explores artificial intelligence and human relationships. The film is a cautionary tale about AI, framing it as a tool rather than an inherent evil.
Adobe Needs to Prove It's an 'AI Winner'
Adobe's first-quarter results exceeded expectations, but the company needs to prove its AI-driven growth metrics to restore investor confidence. The firm's unique combination of content creation tools sets it apart in the AI market, but it must communicate a message of how AI is helping drive growth.
Key Takeaways
- AI-related cybercrime risks are a growing concern for banking giants.
- Google DeepMind has unveiled new AI models for controlling robots, enabling them to interact with objects and navigate environments.
- The inference market is overtaking training in global revenue, with companies like Nvidia and Cerebras Systems leading the charge.
- Some AI companies are taking steps to support creators and enrich the ecosystem, while others are scraping the internet for original work without permission.
- Tech stocks could rebound sharply in 2025 as AI investments accelerate, driven by favorable regulatory shifts and AI-related capital expenditures.
- Researchers have developed intelligent models to predict the density of binary blends of cyclohexanes in normal alkanes, crucial for fuel transportation and combustion studies.
- The Defense Logistics Agency (DLA) is seeking feedback from the industry for innovative AI-driven services to enhance its financial reporting and auditing processes.
- Japan and Singapore have approved AI-friendly copyright laws, but mounting opposition from copyright holders is nudging both Asian governments to encourage licensing deals and clarify conditions for consent for AI training on copyright works.
- T.J. Miller has joined the ensemble cast of the indie techno-thriller movie 'A.I. Heart U,' which explores artificial intelligence and human relationships.
- Adobe needs to prove its AI-driven growth metrics to restore investor confidence, but its unique combination of content creation tools sets it apart in the AI market.
Sources
- Banking Giants Warn AI Can Bolster Cybercrime and Lower Morale
- Google DeepMind unveils new AI models for controlling robots
- Big AI Inference Has Become A Big Deal And A Bigger Business
- Can AI supercharge creativity without stealing from artists?
- Tech stocks could rebound sharply in 2025 as AI investments accelerate, Wedbush predicts
- Machine learning based estimation of density of binary blends of cyclohexanes in normal alkanes
- DLA Seeking AI-Powered Financial Management Service
- AI Boom or Copyright Doom? Lessons from Asia
- T.J. Miller Joins Indie Techno-Thriller Movie ‘A.I. Heart U’
- Adobe needs to prove it is an 'AI winner'