Hard Fork Ai Extinction Risk and Nvidia S Trillion Dollar Valuation
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CIOs share how they are harnessing gen AI’s potential at Nvidia GTC
From detecting anomalies in security logs to improving developer productivity through automation of code migrations, CIOs and IT leaders shared how they're harnessing gen AI's potential across a broad base of use cases to achieve productivity gains.VentureBeat - Tech -
Nvidia's AI ambitions in medicine and health care are becoming clear
Applying Nvidia AI chips to health care, whether it's biotechnology, chemicals, or drug discovery is going to be a big business.CNBC - Business -
Pure Storage, Nvidia partner to democratize AI with new infrastructure solutions
Pure Storage and Nvidia collaborate to deliver validated AI infrastructure solutions, empowering enterprises with high-performance data storage and compute capabilities for successful AI deployments at scale.VentureBeat - Tech -
Competitors Plot to Break Nvidia's Grip on AI by Targeting Software
Qualcomm, Google and Intel join a group trying to provide alternative AI software that won't require Nvidia chips.Inc. - Business -
JPMorgan chief Dimon had White House lunch with Kamala Harris
Meeting comes after Wall Street titan praised Donald Trump in Davos interviewFinancial Times - Business -
Beware Nvidia and the S&P 500 ‘index waltz,’ says this market-beating fund manager
The current stock-market mania could come for your retirement accounts.MarketWatch - Business -
The Fight for AI Talent: Pay Million-Dollar Packages and Buy Whole Teams
The search for AI expertise is heating up amid a shortage of candidates and as layoffs hit other areas of tech.The Wall Street Journal - Tech -
‘Attention is All You Need’ creators look beyond Transformers for AI at Nvidia GTC: ‘The world needs something better’
Seven of the eight authors of the Transformers paper, which led to the gen AI boom, gathered to chat at GTC with Nvidia CEO Jensen Huang.VentureBeat - Tech -
Nvidia triples and Intel doubles generative AI inference performance on new MLPerf benchmark
There are more than 8,500 performance results in the MLCommons' latest benchmark, testing all manner of combinations and permutations of hardware, software and AI inference use cases.VentureBeat - Tech -
White House releases first government-wide policy to mitigate AI risks
The White House on Thursday morning released its first government-wide policy aimed at mitigating the risks of artificial intelligence (AI), requiring agencies to take further action to report the use of AI and address risks the technology may ...The Hill - Politics -
RBC bumps up its S&P 500 target again, but sees gains increasingly hard to come by
RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, has increased her year-end forecast from 5,150 to 5,300 for the index.MarketWatch - Business -
Zscaler finds enterprise AI adoption soars 600% in less than a year, putting data at risk
According to Zscaler's report, manufacturing generates the most AI traffic, accounting for 20.9% of all AI/ML transactions, followed by finance and insurance (19.9%) and services (16.8%).VentureBeat - Tech -
AI risk management startup ValidMind raises $8.1M to help banks comply with regulations
ValidMind, a regulatory compliance platform for AI risk management at banks, raises $8.1 million in seed funding to automate model validation and documentation.VentureBeat - Tech - Artificial Intelligence -
Microsoft launches new Azure AI tools to cut out LLM safety and reliability risks
Beyond working to block out safety and security-threatening prompt injection attacks, Microsoft has also introduced tooling to focus on the reliability of gen AI apps.VentureBeat - Tech - Microsoft -
Finance chiefs are grappling with the complex math of balancing investments in generative AI with potential profits that are hard to gauge by traditional measures.
Finance chiefs are grappling with the complex math of balancing investments in generative AI with potential profits that are hard to gauge by traditional measures.The Wall Street Journal - World -
Indonesia seeks more proof that Javan tiger may no longer be extinct
Indonesian conservationists hope to find more evidence that the Javan tiger, a species declared extinct, actually still exists in the wild, an official said.NBC News - Top stories - Indonesia -
BYD's Rise Challenges Tesla---and Its Valuation
BYD and Tesla have a lot in common these days—except in terms of market value, where the U.S. company is roughly seven times as big.The Wall Street Journal - World -
Palantir’s ‘egregiously rich valuation’ draws downgrade to sell
Monness Crespi Hardt analyst cuts AI technology company’s rating to bring it ‘back to reality’MarketWatch - Business -
IMF head says China at ‘fork in the road’ on reforms to boost demand
Kristalina Georgieva’s remarks at Beijing conference come as China export glut tensions riseFinancial Times - Business - China -
An America at Risk
Biden and Trump know the details of the nation’s security threat. Does either have a plan to meet it?The Wall Street Journal - World -
The $27 Trillion Treasury Market Is Only Getting Bigger
More debt, different buyers and increased regulation pose challenges.The Wall Street Journal - World -
Biden signs the $1.2 trillion government funding bill
The U.S. entered a partial government shutdown after Congress failed to pass funding legislation in time.NBC News - Politics - Joe Biden -
The wealth of the 1% just hit a record $44 trillion
Economists say the rising stock market is giving an added boost to consumer spending through what is known as the "wealth effect."CNBC - Business -
Nvidia Partner Plans $4 Billion Investment in Indiana
The South Korean memory chip maker is expected to build an advanced-packaging facility in West Lafayette, creating up to 1,000 jobs.The Wall Street Journal - Tech -
Lofty Valuation Carries Trump’s Social Media Company Into First Trading Day
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, is set to trade Tuesday on the Nasdaq, adding billions of dollars to the former president’s wealth.The New York Times - Top stories -
Small investors power Trump Media’s market valuation above $13bn
Heavy trading in company behind Truth Social fuels talk of a new cycle of ‘meme stock mania’Financial Times - Business - Donald Trump -
The WSJ Dollar Index is Flat at 98.93
The WSJ Dollar Index was flat at 98.93.The Wall Street Journal - World -
China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms
China’s economy can grow far faster if it adopts a comprehensive package of pro-market reforms, according to IMF Managing Director Kristalina Georgieva.CNBC - Business - China -
Are Travel Loyalty Programs at Risk?
A new agreement by Visa and Mastercard to reduce fees charged to merchants may drain the lucrative rewards that grant free travel to many credit card users.The New York Times - Business -
The Morning Risk Report
The U.S. Commerce Department is dialing up warnings about violating the rules against the export of sensitive technologies, and FTX founder Sam Bankman-Fried was sentenced to 25 years in prison. Plus, Swiss commodities trader Trafigura will pay ...The Wall Street Journal - World -
Biden signs $1.2 trillion spending package for government funding until October
The Senate passed the budget in a 74-24 vote at roughly 2 a.m. Saturday morning.CNBC - Business - Joe Biden -
Biden signs $1.2 trillion government funding package, averting partial shutdown
The Senate passed the $1.2 trillion government funding bills early Saturday in a 74-24 vote.ABC News - Top stories - Joe Biden -
Biden signs $1.2 trillion spending package to keep government open
President Biden on Saturday signed a $1.2 trillion government funding bill to stave off a government shutdown, capping a frenetic sprint by lawmakers to pass the final batch of appropriations measures. Biden praised the measure as a compromise, ...The Hill - Politics - Joe Biden -
Biden signs $1.2 trillion spending package, averting shutdown
The package fully funds the government through September 2024.CBS News - Politics - Joe Biden -
Biden Signs $1.2 Trillion Spending Package, Ending Government Shutdown Fears
The president signed a $1.2 trillion spending package that passed early on Saturday morning, narrowly avoiding a shutdown.The New York Times - Top stories - Joe Biden -
Lawmakers unveil $1.2 trillion funding package in sprint to avoid shutdown
The package would conclude the long-delayed process of funding the government with a shutdown deadline quickly approaching.CBS News - Politics -
The $6 Trillion Chasm Dividing Biden's and Trump's Tax Plans
President Biden and Donald Trump have big plans for tax policy, but they’re headed in opposite directions. WSJ’s Richard Rubin explains what makes up the $6 trillion rift between them.The Wall Street Journal - World - Joe Biden -
With deadline looming, Senate races to approve $1.2 trillion government spending package
Amid a divided Congress, the House Friday approved a $1.2 trillion government spending package, sending it to the Senate ahead of a midnight deadline in an effort to avoid a partial government shutdown. Scott MacFarlane has the latest.CBS News - Politics