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Artificial IntelligenceThe rapid rise of large language models like ChatGPT has significantly contributed to the growing energy demand. Each ChatGPT request consumes about 2.9 watt-hours, requiring roughly 10 times more electricity than a typical Google query, according to the Electric Power Research Institute. As AI expands into areas like audio and video generation, the AI energy use is expected to more than double electricity demand by 2026
Artificial IntelligenceAI News reports that Palantir and Microsoft’s tech alliance marks a key shift in AI’s role in national security. By integrating advanced AI solutions for classified US Defence Networks, addressing its ethical implications will be crucial for maintaining national security and public trust. This partnership is set to drive significant changes in these critical sectors.
Green TechDiscover how retrofitting heat pumps into commercial properties boosts energy efficiency while reducing carbon footprints. Explore benefits and installation tips for sustainable heating solutions.
Science & TechIntel’s second-quarter earnings led to a sharp decline in its stock price, wiping out over a quarter of its value in its worst trading day since 1974. For the first time in three decades, the tech giant’s market value has dropped below $100 billion. Once a dominant force in the industry, known for its iconic “Intel Inside” slogan symbolizing top-tier quality, the company continues to grapple with bringing a breakthrough AI chip to market.
Artificial IntelligenceStarting with Microsoft’s $13 Billion initial investment, OpenAI is now valued at over $80 billion. In a volatile market this massive potential of AI investment carries a huge risk
Science & TechThe findings of a new study revealed that AI-assisted triaging significantly reduced both door-to-balloon time and ECG-to-balloon time when compared with the control group, where physicians conducted assessments without AI support.
Social ImpactSocial media platforms under scrutiny for their smock and mirror tactics spreading misinformation and their potential role in the recent UK riots.
BusinessPegasus Tech Ventures is forging a new partnership with Calbee, the Japanese snacking giant. Designed to enhance innovation within the snack industry and position both companies at the forefront of healthy food development, the new venture is on a promising path
MarketsWho are the Tech key players facing challenges after disappointing Q2 earnings? Super Micro Computer, Airbnb and Coinbase exhibit troubling financial results and analysts recommend caution for investors.
MarketsAfter a week of volatile tech stocks, bitcoin above $60,000, Federal Reserve Chairman Jerome Powell’s actions are under scrutiny.
MarketsThe Federal Reserve’s next moves on monetary policy depends on the Financial market performance. Labour market and corporate earnings are under the microscope as investors’ confidence is more than often between a rock and a hard place.
FinanceBy January 2025, banks and their technology suppliers across the European Union will face compliance requirements under the Digital Operational Resilience Act. DORA is a regulatory framework set to safeguard the financial industry’s ability to handle significant IT disruptions.
MarketsKakao tech tycoon Kim Beom-su has been charged with stock price manipulation. Kakao has exhibited robust financial health. The company reported an operating profit of 134 billion won in the second quarter, an 18.5% increase compared to the previous year.
Science & TechWhat makes Bulgaria the ideal location for emerging technologies? We curated the top 10 Innovation hubs based on their highly skilled workforce and competitive edge
MarketsRecent headlines reveal a growing unease among investors. Is the Bubble going tom burst? Wall Street analysts are pressing tech executives for clearer timelines on when their substantial AI investments will pay off.
BusinessA well-conducted feasibility study can help a self-storage business thrive. We curated the benefits of investing in a feasibility study that will ease informed decision-making and strategic planning.
Social ImpactSeveral local business in Bristol, will temporarily close due to anticipated far-right riots on Wednesday, August 7. This decision has been made with the safety of staff and customers. Want the truth about the UK riots? Read Bristol Post instead of Elon Musk ‘civil war’ post
Social ImpactBiden-Harris Administration Opens SBA Loan Programs to attract a new generation of Green Lenders in SBA’s loan programs. The initiative will employ SBA loan guarantees to help small businesses meet climate goals.
Social ImpactCurrent UK regulations under the Public Order Act 1986 and the Online Safety Act 2023 require social media companies to manage illegal content and misinformation. No 10 states that there is ‘no justification’ for Elon Musk’s “civil war is inevitable” post
Real EstateDespite the Florida’s high insurance rates due to weather-related risks, homeowners can secure comprehensive, cost-effective coverage that caters to their needs. If you are looking for affordable insurance, we curated a few tips for homeowners.
Science & TechGoogle has lost what is being described as a monumental antitrust lawsuit over its search dominance, with a federal judge ruling that the tech giant has violated US antitrust law with its search business. This outcome could fundamentally reshape the way in which millions of Americans gather information online, as well as disrupt Google’s dominant status.
MarketsThe U.S. Federal Reserve convened an emergency meeting following the sudden crash in the Japanese markets. The unforeseen decline stirred a global panic selloff, leading to a predicted 50bps rate drop post-meeting.
Artificial IntelligenceOpenAI plans to introduce a subscription model for ChatGPT and AI services, seeking to monetize their advanced AI technology. We look into technology’s ethical challenges and limitations
Social ImpactKretinsky’s Royal Mail purchase under scrutiny due to alleged Russian connections. Potential regulatory impacts raise questions about investor transparency and geopolitical ramifications.