NYPD cop scams investors with false promise of AI recovery tool.

“`html TLDR: Ex-NYPD cop, Jason Rodriguez, defrauded investors out of $3.5 million by promising an AI tool for recouping currency trading losses. He quit the NYPD and started a firm called Technical Trading Team to run a Ponzi scheme. Key Elements: Jason Rodriguez, a former NYPD cop, defrauded investors of $3.5 million by falsely promising … Read more NYPD cop scams investors with false promise of AI recovery tool.

Salesforce disappoints with sales guidance despite AI investment efforts.

Summary of Salesforce Earnings TLDR: Key Points: Salesforce’s annual sales outlook fell short of analysts’ expectations The company’s increased investments in AI have not yet boosted revenue Salesforce recently announced its outlook for annual sales, which fell below analysts’ expectations. The company highlighted its investments in artificial intelligence (AI) but has not yet seen significant … Read more Salesforce disappoints with sales guidance despite AI investment efforts.

C3.ai shares soar on strong earnings and revenue outlook.

TLDR: C3.ai beat quarterly earnings estimates and narrowed its full-year revenue forecast, sending shares up more than 14%. New CFO appointed, revenue forecast increased to $306 million – $310 million for 2024. Article Summary: C3.ai, a software firm, announced better-than-expected quarterly results and updated its full-year revenue forecast, leading to a 14% increase in its … Read more C3.ai shares soar on strong earnings and revenue outlook.

Google’s ‘woke’ AI issue is no simple problem to solve.

Google’s AI Problem TLDR: Google’s AI tool Gemini faced backlash for generating inaccurate images and providing overly politically correct responses. The issue stems from biased data and the complexity of human history. Fixing the problem won’t be easy, as it requires addressing underlying biases in AI training. Key Points: Google’s AI tool Gemini sparked controversy … Read more Google’s ‘woke’ AI issue is no simple problem to solve.

Discover how AI is breathing new life into abandoned oilfields.

TLDR: Germany and Austria are looking to develop their own natural resources after being heavily dependent on Russian energy. MCF Energy is using AI and machine learning techniques to identify significant potential gas-bearing structures in Europe. Key Elements of the Article: A North American company, MCF Energy, led by CEO James Hill, is planning to … Read more Discover how AI is breathing new life into abandoned oilfields.

Amazon Studios sued for ‘Road House’ copyright infringement involving AI abuse.

Road House Lawsuit TLDR: – Screenwriter R. Lance Hill is suing Amazon Studios for copyright infringement for refusing to license his 1986 screenplay for the upcoming Road House remake. – Hill claims Amazon used generative artificial intelligence to replicate the actors’ voices in violation of collective bargaining agreements. Key Elements: A legal battle has erupted … Read more Amazon Studios sued for ‘Road House’ copyright infringement involving AI abuse.

NLX secures $12 million for conversational AI platform expansion.

TLDR: – NLX has raised $12 million in Series A funding to grow its conversational AI platform. – The funding will be used to fuel market expansion, make strategic hires, and add capabilities to the platform. NLX has raised $12 million in Series A funding to grow and develop its conversational AI platform for managing … Read more NLX secures $12 million for conversational AI platform expansion.