FDA joins global push for AI transparency

Summary of FDA joins international push for transparency in AI development TLDR: Key points: The FDA, along with regulators from Canada and the U.K., published best practices for applying AI in patient care. Transparency in AI development is crucial for healthcare professionals, patients, administrators, payors, and governing bodies. The FDA, along with Health Canada and … Read more FDA joins global push for AI transparency

Broadcom’s soaring stock fueled by AI win, stock split announces.

“`html Article Summary TLDR: Broadcom stock soared after beat-and-raise earnings report and announced stock split. At least 19 Wall Street firms raised price targets on Broadcom stock. Broadcom’s quarterly report fueled FOMO trading in AI hardware stocks, benefiting companies like Nvidia, Arista Networks, and Micron Technology. The company’s stock saw a 12.3% jump and hit … Read more Broadcom’s soaring stock fueled by AI win, stock split announces.

AI: A feature, not a product. Apple has proved it.

TLDR: Apple showcased the integration of AI as a feature rather than a standalone product at its Worldwide Developer Conference, demonstrating the value of incorporating generative AI across various apps and OS features. Rather than relying on separate AI devices, Apple’s approach focuses on enhancing existing tools to provide meaningful benefits to users. Key Elements … Read more AI: A feature, not a product. Apple has proved it.

Bitcoin mining strengthens power grid strained by AI data centers.

TLDR: Bitcoin mining helps stabilize power grids strained by AI data centers. Bitcoin miners can adjust energy usage in real-time, providing a flexible load for grid operators. Key Elements: Bitcoin mining is shown to be beneficial in stabilizing power grids that are strained by the increasing energy demand of AI data centers. By providing a … Read more Bitcoin mining strengthens power grid strained by AI data centers.

Light secures $13M to expand AI-driven General Ledger technology.

TLDR: Light has raised $13 million in a financing round to scale its AI-powered general ledger for multinational companies. The platform aims to help companies understand their finances more accurately and quickly by integrating a ledger with an application layer. Light has reimagined the enterprise resource planning (ERP) concept to deliver a financial suite designed … Read more Light secures $13M to expand AI-driven General Ledger technology.

AI companies licensing from production libraries- threatening their business?

TLDR: Some production libraries are licensing their music to AI companies for training AI models, which could potentially degrade the production music business. AI companies may not pay for the music they use for training, posing a threat to the existing music business. However, licensing to AI companies has created jobs for musicians in the … Read more AI companies licensing from production libraries- threatening their business?