Month: July 2024

TLDR: AI-driven vending machines selling ammunition in grocery stores in Alabama use facial recognition for age verification and ID scanning. Machines created by American Rounds, approved by ATF, but one location in Tuscaloosa removed after legality questioned. Full Article: A pair of grocery stores in Alabama have introduced artificial intelligence-powered vending machines that sell firearm … Read more Alabama grocers offer ammo via AI vending machines.

TLDR: Key points: AI training involves adjusting mathematical formulas to reduce error. Testing AI models on data not used for training is essential to assess accuracy. AI training involves creating mathematical formulas to model relationships, such as sales revenue prediction based on product price and advertising costs. Initially, random values are assigned to model parameters, … Read more Simplify AI training with essential mathematics explained in plain terms.

TLDR: Laramie County Clerk Debra Lee has allowed an AI candidate named VIC to run for mayor of Cheyenne, but it won’t be on the ballot. VIC will be listed as Victor Miller, the human behind the campaign. An artificial intelligent political candidate running for mayor of Cheyenne can continue its campaign, but can’t be … Read more AI candidate runs for Cheyenne mayor, excluded from ballot.

New AI Training Technique Is Drastically Faster, Says Google TLDR: Google researchers have developed a new AI training method called JEST that is up to 13 times faster and 10 times more efficient, reducing computational resources and potentially lowering energy demands in AI development. New AI Training Technique Is Drastically Faster, Says Google Google’s DeepMind … Read more Google reveals lightning-fast AI training method.

Amazon Stock: Cloud Computing Leader Called AI Winner TLDR: – Amazon is benefiting from the AI trend while enterprise software firms struggle. – Cloud service providers like Amazon are expected to have a brighter future compared to software companies. Key Elements: While enterprise software firms struggle to generate revenue from generative artificial intelligence, cloud computing … Read more AI is a deceptive revenue source for software companies, analyst warns.

TLDR: AI technology is significantly increasing the energy consumption of data centers around the world. Companies like Google and Microsoft are attributing their rise in climate emissions to the growth of artificial intelligence. When Google reported a 48 percent increase in its climate emissions since 2019, it attributed this rise to the expansion of artificial … Read more AI: the energy guzzler of the modern world.

TLDR: – Simple online actions can have a significant impact on the environment. – Data centers and data-transmission networks account for a significant percentage of global electricity consumption. Every time a video is posted, an email is sent, or a photo is shared, it adds to the digital footprint, contributing to environmental harm. Data storage, … Read more Light up Instagram every time you hit post!

TLDR: China has filed over 38,000 generative AI patents from 2014 to 2023, surpassing the U.S. by 6-to-1. The World Intellectual Property Organization (WIPO) announced that China-based organizations are leading in generative AI patents, showcasing China’s push to become a technological leader. Despite facing sanctions, Chinese universities and research institutions are driving generative AI development. … Read more China dominated U.S. in generative AI patents by 6-to-1. Over 10,000 Chinese patents filed last year.

TLDR: Key Points: Shelby McFaddin of Motley Fool Asset Management believes that big tech stocks like Apple, Nvidia, and Microsoft will continue to see gains due to AI. McFaddin suggests that unless there is a major external force, such as a macro situation affecting Nvidia or a devastating impact on Apple’s top line, the current … Read more AI drives big tech stocks; nothing can stop it, strategist says.