AI

Summary of overall Gen AI status

Colin Henderson

This blog is working toward progress for siginificant productivity gains in business and the economy on a scale which exceeds the Industrial Revolution. A working assumption is the requirement to achieve AGI as a first stepping stone. This series is in 5 parts on the current state of Generative AI, including minimum stepping stones necessary to acheive AGI. AGI will not be achieved through money and investment in technology along; indeed thoughtful and broader investment and collaboration beyond technology and is required. The notion of AGI is often related to development of sentient humans. Sentient is hardly a commonplace word, … Continue reading Summary of overall Gen AI status

AI

Palantir Wins $100 Million US Contract for AI Targeting Tech

Colin Henderson

System helps identify battlefield targets, gather intelligence UN group urged countries to limit military use of AI tools By Katrina Manson September 19, 2024 at 3:34 PM EDT Save Listen 3:00 Palantir Technologies Inc. has won a $100 million contract that will extend access to artificial intelligence targeting tools to more US military personnel, giving them access to the company’s digital warfare platform. The platform, known as Maven Smart System, helps create a picture of the same battlefield on thousands of digital screens simultaneously. It draws on US intelligence data and uses computer-vision algorithms and AI-enabled software from other companies to help … Continue reading Palantir Wins $100 Million US Contract for AI Targeting Tech

AI

Nvidia AI Platform Aims at Telecom Market 

Colin Henderson

BY PYMNTSSEPTEMBER 19, 2024   Nvidia’s new AI Aerial platform could boost eCommerce and supply chains by transforming cellular networks into smart systems. The move signals a shift in how wireless networks operate, with far-reaching implications for retail and logistics industries. AI Aerial could accelerate the deployment of next-generation technologies, including 5G, robotics and autonomous vehicles. Ecommerce platforms stand to gain significantly from these enhanced network capabilities.  “More advanced AI systems will be developed which will feature recommendation engines and dynamic pricing models; there will be faster and more efficient communication between networks and users due to high data throughput,” Chris Dukich, founder of Display Now, … Continue reading Nvidia AI Platform Aims at Telecom Market 

AI

Economist: The Breakthrough AI needs

Colin Henderson

Two years after Chatgpt took the world by storm, generative artificial intelligence seems to have hit a roadblock. The energy costs of building and using bigger models are spiralling, and breakthroughs are getting harder. Fortunately, researchers and entrepreneurs are racing for ways around the constraints. Their ingenuity will not just transform ai. It will determine which firms prevail, whether investors win, and which country holds sway over the technology. Large language models have a keen appetite for electricity. The energy used to train Openai’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one … Continue reading Economist: The Breakthrough AI needs

Cybersecurity

Digital Operational Resilience Act (EU)

Colin Henderson

The Digital Operational Resilience Act (DORA) (Regulation 2023/2554) establishes a comprehensive framework on digital operational resilience for EU financial entities. While all financial sector entities will be subject to DORA, ICT third-party providers who provide ICT services to financial entities and are identified as critical (critical third-party providers – CTPPs), will be subject to an EU oversight framework. The DORA oversight framework assigns to the three European Supervisory Authorities – ESAs (i.e. European Banking Authority – EBA , European Securities and Markets Authority – ESMA, European Insurance and Occupational Pension Authority – EIOPA) the role of Lead Overseer, to ensure … Continue reading Digital Operational Resilience Act (EU)