Technology

As recently as Tuesday in U.S. District Court in Manhattan, Caroline Ellison, a former key advisor to cryptocurrency tycoon Sam Bankman-Fried, was sentenced to two years in prison. His conviction is linked to his involvement in the infamous $8 billion fraud scandal that brought down the once-thriving cryptocurrency exchange FTX. Chief Judge Lewis A. Kaplan acknowledged Ellison's evident remorse and noted his significant cooperation with federal authorities. However, he said the severity of the fraud does not allow for a lighter sentence. Ellison will begin his sentence at a minimum security facility near Boston by November 7, marking nearly two…

Sam Altman, CEO of OpenAI, has recently been in the spotlight for his ambitious proposal to significantly increase the company's investment in advanced computing infrastructure. Originally predicted that trillions would be needed, the figure was revised to the still staggering figure of hundreds of billions of dollars. This financing is aimed at expanding silicon chip manufacturing capabilities and improving data center operations around the world. While initial estimates were corrected to a figure that represented a substantial portion of U.S. GDP, the revised funding goals remain monumental. The plan highlights the immense resource demands expected for future AI developments envisioned…

In a significant shift in strategy, Meta, the conglomerate behind major social networks like Facebook, Instagram and Threads, is redefining its role in the political sphere. This shift represents a profound transformation in the company's approach to political interactions and discourse. Historically, Meta has been a key platform for political communication and campaigning, influencing public opinion and voter behavior. However, recent changes indicate a deliberate move away from this influential role. This strategic pivot is not only a response to external pressures and criticism regarding the spread of misinformation and the handling of user data, but also a proactive measure…

Significant leadership changes are underway at OpenAI, the leading artificial intelligence company, as several key executives announce their departures. CTO Mira Murati, Chief Research Officer Bob McGrew and Vice President of Research Barret Zoph have all revealed their intentions to leave the company. These departures come as OpenAI, currently overseen by a nonprofit board, is reportedly going through a transition to a traditional for-profit structure. Ms. Murati, a leading figure at OpenAI for more than six years, stated her desire for personal exploration as the reason for her departure. Mr. McGrew and Mr. Zoph cited similar desires for new opportunities…

In the rapidly evolving landscape of digital journalism, media organizations are increasingly turning to innovative platforms to connect with their readers as traditional social media avenues falter. With declining visibility on major platforms like Google and Facebook due to algorithm changes that devalue news content, news publishers are looking for alternative strategies to maintain audience engagement and advertising revenue. One promising avenue that has emerged is WhatsApp, the dominant messaging application globally. Recently, WhatsApp introduced a feature called WhatsApp Channels. This feature works as a broadcast tool, allowing publishers to send links to news and headlines directly to their subscribers.…

A specialist recently revealed that the submarine used to explore the wreck of the Titanic had serious defects in its construction materials. The revelation comes after a detailed examination of the vehicle, which showed that the defects were rooted in the manufacturing process of the carbon fiber body. The submarine, designed for deep-sea exploration, suffered a catastrophic failure during one of its dives to the Titanic site. The carbon fiber material used to build the submersible's exterior was found not to be up to specified standards, leading to structural weaknesses that were not apparent until it was under extreme underwater…

In the latest development from Silicon Valley, the startup Harmonic, led by co-founders Tudor Achim and Vlad Tenev, is pioneering the creation of artificial intelligence (AI) systems that don’t rely on guesswork. These advanced AIs, exemplified by a bot called Aristotle, are designed to verify their own mathematical calculations, setting a new standard for reliability in automated responses. In a demonstration, Achim presented Aristotle with a complex problem involving a grid of numbers, which the bot not only solved correctly but also confirmed with a self-generated verification program. This self-verification ability contrasts sharply with typical AI behaviors, where bots like…

In the latest development from Silicon Valley, the startup Harmonic, led by co-founders Tudor Achim and Vlad Tenev, is pioneering the creation of artificial intelligence (AI) systems that don’t rely on guesswork. These advanced AIs, exemplified by a bot called Aristotle, are designed to verify their own mathematical calculations, setting a new standard for reliability in automated responses. In a demonstration, Achim presented Aristotle with a complex problem involving a grid of numbers, which the bot not only solved correctly but also confirmed with a self-generated verification program. This self-verification ability contrasts sharply with typical AI behaviors, where bots like…

As Jim Covello, head of equity research at Goldman Sachs, drove down Highway 101 this month, billboards screaming about artificial intelligence only reinforced his suspicions. From “Writer Enterprise AI” to “Speech AI,” these signs looked eerily similar to the pre-crisis cryptocurrency craze. Covello has become a leading voice of caution on Wall Street about AI. His research paper, which questions the return on investment for the projected $1 trillion in AI spending, has sent shockwaves through the market. He argues that current generative AI, which can summarize text and write code, is prone to errors, raising questions about its ability…