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Bank of Japan is expected to end its negative interest rates this week
Marking 1st rate hike since February 2007 in a turning point for hashtag#BoJ's long-running monetary easing pol. A lot' has changed globally since last ³BoJ hike 17 years ago. SRP has a great overview... (through HolgerZ)
Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI models.
The new AI graphics processors are named Blackwell and are expected to ship later this year. $NVDA CEO: "Over the course of the last eight years, we've increased computation by one thousand times. In the good old days of Moore's Law, it was two times, then five times every five years. Now, it's ten times every five years, a hundred times every ten years. In the middle, the heydays of the PC revolution, it was a hundred times every ten years. And in the last eight years, we've gone one thousand times. We have two more years to go" Source: The Transcript
Deepfakes of videos, photos and audio recordings have become widespread on various internet platform.
Aided by the technological advances of large language models like Midjourney, Google's Gemini or OpenAI's ChatGPT. With the right prompt fine-tuning, everyone can create seemingly real images or make the voices of prominent political or economic figures and entertainers say anything they want. While creating a deepfake is not a criminal offense on its own, many governments are nevertheless moving towards stronger regulation when using artificial intelligence to prevent harm to the parties involved. Source: Statista
Nvidia $NVDA in talks to acquire Israeli startup Run:ai in a deal that could be worth up to a billion dollars
Source: Markets & Mayhem
SNB reveals carbon footprint of its portfolio for first time
The Swiss National Bank disclosed the carbon footprint of its investment portfolio for the first time, responding to critics who have demanded it take a more active stance on climate change.
The SNB said it’s “not authorized to pursue structural policies” and pursuing such actions could make it more difficult for its to fulfill its primary mandate of inflation control.
The SNB’s environmental rules only ban coal miners. That means its holdings include firms involved in fracking, and the oil and gas industries.
Source: Bloomberg
LinkedIn plans to add gaming to its platform
LinkedIn is breaking into a totally new area: gaming. TechCrunch has learned and confirmed that LinkedIn is working on a new games experience. It will be doing so by tapping into the same wave of puzzle-mania. App researchers have started to find code that points to the work LinkedIn is doing. One of them, Nima Owji, said that one idea LinkedIn appears to be experimenting with involves player scores being organised by places of work, with companies getting “ranked” by those scores. A spokesperson for LinkedIn has confirmed that it is working on gaming, but said there is as yet no launch date. “We’re playing with adding puzzle-based games within the LinkedIn experience to unlock a bit of fun, deepen relationships, and hopefully spark the opportunity for conversations,” the spokesperson said in a message to TechCrunch. “Stay tuned for more!” source : techcrunch
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