Author: 5hspx
There was a lot of tech news this past week, with artificial intelligence (AI) in the spotlight. From former President Donald Trump's shock at AI's energy needs to anticipation for Nvidia's earnings report, the tech industry was buzzing with developments. Let's take a closer look at the top stories from this week. President Trump astonished by AI's energy consumption In a recent interview with Tesla CEO Elon Musk, former President Donald Trump expressed surprise at AI's energy needs. While Trump acknowledged Musk's enthusiasm for AI, he was surprised by the technology's massive electricity needs. “This is shocking to me, but…
The Italian parliament significantly increased fines for protests. The British parliament gave police more powers to crack down on protests if they are too noisy. Several German cities banned protesters from sitting in the streets. In the German state of Bavaria, activists were detained for weeks without charge in an attempt to stop protests. In France, an environmental group was briefly banned after the government accused it of inciting violence.Forst reports that anti-terrorism laws have been used to keep activists under surveillance. Activists' homes have been searched, their phones and computers confiscated, and some have been preemptively arrested for merely…
Of the five human senses, AI can already mimic sight and hearing, and one company wants to use the technology to digitize another one: smell.Alex Wiltschko is the CEO and co-founder of Osmo, a startup that uses artificial intelligence technology to enable computers to “generate smells in the same way that humans generate images and sounds,” according to the company's website.Wiltschko has long been “obsessed with smell,” he told CNBC's “Make It.” “My passion is trying to understand smell. Smell is a very powerful emotional sense, and yet we know so little about it.”So he went on to earn a…
Join now and get special access for just $99 per year. The problem isn't the yen carry trade, it's the Bank of Japan's portfolio David P. Goldman points out that the recent volatility in the Japanese market is a sign of underlying problems. The Bank of Japan's decision to back off tapering has halted the immediate sell-off, but the underlying risks to domestic and global markets remain significant. Germany's political paralysis perpetuates economic decline Diego Fasnacht writes that Germany is facing rapid economic decline, with state elections in East Germany on September 1 expected to be a referendum on the…
Reducing carbon dioxide emissions in the European Union. Getty Auto sales growth in Europe is gradually slowing, squeezing profits and forcing manufacturers to deal with growing excess capacity that they are threatening to close. If that weren't enough to worry about as executives return from vacation, the outlook for 2025 gets even worse because European Union regulations on carbon dioxide emissions will get tougher, forcing automakers to sell more electric cars, which they barely make any profit on, than the public actually wants to buy, and forcing sales of the higher-margin internal combustion cars that people actually want to buy…
A song about immigration, whose music, vocals and artwork were all generated using artificial intelligence, has made it into the top 50 most-listened-to songs in Germany, perhaps a first in a major music market.”Verknallt in einen Talahon” is a parody song that interweaves '60s schlager pop with contemporary lyrics based on racial stereotypes about immigrants.The song peaked at number 48 in Germany, the world's fourth-largest music market. Less than a month after its release, the song has garnered 3.5 million streams on Spotify, reaching number three on the streaming platform's global viral chart.The song's writer, Joshua Wagbinger, known as Butterbro,…
Brookstone Capital Management increased its holdings in the Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – FREE REPORT ) by 0.5% during the second quarter, according to its latest 13F filing with the U.S. Securities and Exchange Commission. The institutional investor acquired an additional 134 shares during the quarter, bringing its holdings to 29,495 shares of the company. Brookstone Capital Management's holdings in the Fidelity MSCI Information Technology Index ETF were worth $5,111,000 at the end of the most recent quarter. Other institutional investors are also adding or reducing shares of FTEC. Midwest Heritage Bank FSB increased its holdings in…
With favorable conditions and the growing popularity of lotus plants, now is the perfect time to start a lotus garden.lovelypeace / Getty ImagesWhile the lotus has long been a garden staple, the gardening community has declared it to be trending this year. In the wild, lotus flowers can be found in lakes and ponds. However, you don't need to have a water feature in your backyard to enjoy the beauty of lotus. You can grow lotus by simply filling a pot with water.This flower is known for its striking blooms that bloom well above the water surface, and their colors…
Community Support…NVV is committed to making a difference in the lives of Napa County youthIssued on August 18, 2024″Collective Napa Valley's many supporters allow us to invest deeply in the well-being of Napa County's youth. The power of this program lies in the multiplier effect; we are grateful to receive donations from individuals and be able to amplify the impact of their dollars within our community,” said Donna Walker, chair of Napa Valley Vintners' grant review committee and owner of Pulido Walker Estate Vineyard & Winery. (Courtesy photo)St. Helena, Calif. — Napa Valley Vintners (NVV) has announced an additional $2.5…
Questar Technology (CVE:QST) Q2 2024 EarningsKey Financial ResultsRevenue: CA$870.4k (down 61% from Q2'23).Net loss: CA$966.2k (loss widens 93% from 2Q23).Loss of C$0.03 per share (worsening from a loss of C$0.018 in Q2'23).Earnings and Revenue HistoryAll figures shown in the chart above are for the trailing twelve month (TTM) period.Quester Technology's sales and profits fall short of expectationsRevenues were 50% below analyst expectations, and earnings per share (EPS) were 200% below analyst expectations.Looking ahead, revenues are expected to grow by an average of 36% over the next three years, while the Canadian energy services industry is expected to experience a decline…