Market Insights: A Peek Into the Semiconductor Industry


The “Super 7” – Apple, Microsoft, Google, Amazon, Tesla, Meta, and Nvidia – have partly helped lift the tech-focused Nasdaq index up over 30% this year. All of them have outperformed the broader market, with the top performer Nvidia more than doubling its share price. These tech giants are all part of the latest artificial intelligence (AI) revolution, largely driven by the rise of ChatGPT and other generative AI apps earlier this year. Apple’s smart headset, Vision Pro, is an example of how this technology is being applied. Microsoft has invested in OpenAI, which is a prominent player in this … Continue reading Market Insights: A Peek Into the Semiconductor Industry

Writing , cataloguing and effective archival


Every once in a while I go through an existential crisis in this area. it usually comes about due to the mammoth collection of folders and files which generally work for saving but are horrible for access and retrieval. Over the last few months I have installed the PARA method (projects, areas, resources, archival) in my Mac Notes and hard drive. this is a great first step but now my crisis has moved deeper to standards for input and methods of retrieval. And so enter Roam Research. I have tried them all except Roam, and in parallel the methods of … Continue reading Writing , cataloguing and effective archival

Nature stress test: Assessing exposure of five African banking systems


July 16, 2024 | Report By Charlie Dixon and Jason EisShare PrintDownload Nature-related risks are impacting Africa’s natural ecosystems and economy. An enabling environment could accelerate action from Africa’s private financial sector to manage risks and opportunities. DOWNLOADS Full Report (50 pages) Africa is both heavily dependent on nature and experiencing rapid nature loss. Some 62 percent of African GDP is moderately or highly dependent on the services that nature provides and 70 percent of communities in sub-Saharan Africa depend on forests and woodlands for their livelihoods.1 In parallel, momentum is building in the African financial sector in response. This new joint report by McKinsey Sustainability … Continue reading Nature stress test: Assessing exposure of five African banking systems

Microsoft Profit Jumps 10%, but Cloud Computing Grows Less Than Expected


The tech giant’s revenue also grew 15 percent, but Wall Street is watching whether its investment in A.I. is paying off for its cloud computing business. July 30, 2024 By Karen Weise Karen Weise has covered Microsoft since 2018. Microsoft closed its first full fiscal year of aggressive artificial intelligence investment with a mixed bag of results for people worried about how much big tech companies are spending on A.I. Sales from April through June hit $64.7 billion, up 15 percent from the same period last year, the company reported on Tuesday. Profit rose 10 percent, to $22 billion. The results … Continue reading Microsoft Profit Jumps 10%, but Cloud Computing Grows Less Than Expected

Apple says its AI models were trained on Google’s custom chips


Kif Leswing Apple said on Monday that the artificial intelligence models underpinning Apple Intelligence, its AI system, were pretrained on processors designed by Google, a sign that Big Tech companies are looking for alternatives to Nvidia when it comes to the training of cutting-edge AI. Apple’s choice of Google’s homegrown Tensor Processing Unit (TPU) for training was detailed in a technical paper just published by the company. Separately, Apple released a preview version of Apple Intelligence for some devices on Monday. Nvidia’s pricey graphics processing units (GPUs) dominate the market for high-end AI training chips, and have been in such high demand over the past couple years that they’ve been difficult … Continue reading Apple says its AI models were trained on Google’s custom chips

Apple releases iOS 18.1 developer beta with the first ‘Apple Intelligence’ iPhone features


 / New AI features from Apple are available to test on the iPhone, iPad, and Mac in early developer previews. By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.  Jul 29, 2024 at 1:32 PM EDT Some of the Apple Intelligence features previewed during WWDC 2024.Image: Apple Apple has just released the developer betas for iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, giving users access to the company’s first set of AI features.  Some of the Apple Intelligence features arriving with the beta include Siri … Continue reading Apple releases iOS 18.1 developer beta with the first ‘Apple Intelligence’ iPhone features

Executives see an opportunity to free their staff from manual and repetitive tasks and make better forecasts and predictions


OK Computer Blooomberg https://www.bloomberg.com/news/newsletters/2024-07-28/ai-s-promise-is-being-put-into-practice-by-cfos?cmpid=cfo-briefing&utm_medium=email&utm_source=newsletter&utm_term=240728&utm_campaign=cfo-briefing Artificial intelligence has been a driving force of technology and markets, especially since the emergence of ChatGPT more than a year ago. Lately, though, investors have questioned whether AI’s promise will actually pay off anytime soon, causing a pullback of the rally that drove tech shares to records this year.  Ask any CFO about working with AI, and the common refrain is that it’s early days. But most also acknowledge that the fast-growing technology will shape the future. And so many are already testing or using it – in their finance teams, or across the business more broadly. … Continue reading Executives see an opportunity to free their staff from manual and repetitive tasks and make better forecasts and predictions

UK experienced a £6mn spike in cash withdrawals from ATMs on Friday last week


on.ft.com/4fjGKbI The UK experienced a £6mn spike in cash withdrawals from ATMs on Friday last week when the global cyber outage disrupted digital payments, exposing the vulnerabilities of the transition to becoming a cashless society. The inconvenience of being unable to use card or contactless payments may well have caused you to gnash your teeth. However, this problem is experienced daily by millions of UK adults who use cash. Last year there was an unexpected 66 per cent increase in the number of people mainly using cash for everyday spending; the first rise in four years. These figures were revealed by banking … Continue reading UK experienced a £6mn spike in cash withdrawals from ATMs on Friday last week

Open banking is coming, heralding big changes in how Canadians bank


My take on Open Banking Citation FP —————————————– The Canadian Press – Ian Bickis – Published – Mar 11, 2024  Framework to give Canadians more control over their financial data and boost competition TORONTO — A long-promised revolution in banking is headed to Canada, but you might not notice when it arrives. Change is in the works that will give Canadian consumers and businesses significantly more control over their financial data, including who they share it with, in what’s known as open banking. The federal government has promised framework legislation in next month’s budget to bring the system to Canada after years of … Continue reading Open banking is coming, heralding big changes in how Canadians bank