Several receipts shown to the FT by expense management platforms demonstrated the realistic nature of the images, which included wrinkles in paper, detailed itemization that matched real-life menus, and signatures. “This isn’t a future threat; it’s already happening. While currently only a small percentage of non-compliant receipts are AI-generated, this is only going to grow,” said Sebastien Marchon, chief executive …
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Even AI’s biggest champions worry we’re in a bubble. What does it mean for S.F.? – San Francisco Chronicle
Even AI’s biggest champions worry we’re in a bubble. What does it mean for S.F.? San Francisco Chronicle This Is How the AI Bubble Bursts Yale Insights How fund managers are investing for the fourth quarter as AI bubble talk swirls CNBC Is the AI stock bubble about to explode? Yahoo Finance SP500: It’s A Dip, Not A Bubble Burst (Yet) Seeking Alpha Source link
Read More »Apple Looks To Bolster Its AI Expertise With Prompt AI’s Acquisition
Apple is not generally known for splurging on fancy acquisitions. Yet, the Cupertino giant appears poised to make an exception in the case of Prompt AI, whose talent and intellectual property might just be the adrenaline shot that Apple needs to regain its footing in the AI sphere. Here Is What We Know So Far As per the reporting by …
Read More »Apple may acquire Prompt AI’s team and technology
According to CNBC, Apple is nearing a deal to acquire “talent and technology” of computer vision startup Prompt AI. Here are the details. The report says that Apple’s deal with Prompt seems all but confirmed, as the startup’s leadership held an all-hands meeting on Thursday to discuss the agreement and inform their next steps: “Leadership at Prompt told employees of …
Read More »Nvidia, Microsoft, and OpenAI: This Chart Captures AI’s ‘Circular Financing.’ – Barron's
Nvidia, Microsoft, and OpenAI: This Chart Captures AI’s ‘Circular Financing.’ Barron’s The Guardian view on an AI bubble: capitalism still hasn’t evolved to protect itself | Editorial The Guardian Nvidia, Microsoft, and OpenAI Have Investors Going in Circles. This Chart Shows How. Barron’s This central bank says what the Federal Reserve won’t Axios This Is How the AI Bubble Bursts Yale Insights Source link
Read More »Big AI’s reliance on circular deals is raising fears of a bubble
Nvidia CEO Jensen Huang has characterized his company’s $100 billion OpenAI investment as an opportunity to invest in the next “multitrillion-dollar” company. Nvidia itself is part of that club, with a market valuation of $4.5 trillion. Investments like Nvidia’s in OpenAI are predicated on “the confidence in the revenues” a company can sustain, Huang said on the “BG2” technology podcast. …
Read More »UFS 5.0 announced with twice as fast speeds for AI’s sake
Just a couple of months after Google Pixel finally adopted faster UFS 4.1 storage in select Pixel 10 devices, the UFS 5.0 standard has been announced with storage that’s twice as fast, and the reason for that speed boost will hopefully catch Google’s attention a little sooner. UFS 4.0 was announced back in 2022 with a big speed boost to …
Read More »Gaming Worlds Could Be The Answer To AI’s Data Problem
Welcome back to The Prompt. Stanford PhDs Fan-Yun Sun and Sharon Lee cofounded AI research company Moonlake AI to help people “vibe code virtual worlds.” Moonlake AI Artificial intelligence is facing an existential crisis. Powerful AI models are gated by the quality of data they’re trained on. But even after scraping the internet for all its public data, paying some …
Read More »CBS News poll finds negativity on economy, job market and concerns about AI’s impact
Pessimism about the U.S. economy and its direction continues this month — negative ratings have persisted for years — along with net-negative ratings for the U.S. job market, specifically. And in a year that has seen plenty of announcements about AI innovations and implications, there is also plenty of public suspicion that the job market may be hurt by AI. Today, …
Read More »AI’s energy demand draws investment firms to local utilities
HARRISBURG, Pa. (AP) — Private investment firms that are helping finance America’s artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local utilities that deliver electricity to regular customers — and the servers that power AI. Billions of dollars from such firms are now flowing toward electric utilities in places including New Mexico, …
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