Author: Perry

The large language models (LLMs) that power today’s chatbots have gotten so astoundingly capable, AI researchers are hard pressed to assess those capabilities—it seems that no sooner is there a new test than the AI systems ace it. But what does that performance really mean? Do these models genuinely understand our world? Or are they merely a triumph of data and calculations that simulates true understanding?To hash out these questions, IEEE Spectrum partnered with the Computer History Museum in Mountain View, Calif. to bring two opinionated experts to the stage. I was the moderator of the event, which took place…

WARREN BUFFETT must be feeling smug right now. Months before American stockmarkets started sliding from record levels in late February, as investors began to question President Donald Trump’s stewardship of the world’s largest economy, the nonagenarian billionaire was cashing out of equities. In 2024 his industrial conglomerate, Berkshire Hathaway, sold a net $134bn of stocks, including two-thirds of its $174bn stake in Apple. By the end of March the S&P 500 index of America’s biggest companies was 9% down from its peak. So was the iPhone-maker. Berkshire, meanwhile, was sitting pretty on a 10% gain—and a pile of cash to…

“I’m not panicking over the turmoil on Wall Street or Trump’s trade war.” Source link

A 76-storey tower standing at 246 metres is being constructed by property developer Salboy Group. The building will be known as Nobu Manchester, while it will contain a 160-bedroom hotel, restaurant and 452 branded residences Simon Ismail, managing director of Salboy, said: “Manchester is a fast-expanding city that is quickly and emphatically achieving its ambitions to become a global leader in business, sport, leisure and academia. “It’s a belief that we’ve long held that Manchester deserves to be home to architectural and engineering feats that before now have been the preserve of other global cities. “As the location of not…

7 April 2025 Emily Coltman FCA Chief Accountant In the wake of recent announcements about increased tariffs imposed by the USA, FreeAgent chief accountant Emily Coltman FCA explains what this might mean for UK-based small businesses. What are tariffs? Let’s first address what tariffs are.  They’re levies governments may impose on certain goods to protect the domestic market. For instance, if the British government wanted to encourage the British people to buy wool from sheep raised in the UK, they might impose a tariff on wool imported from New Zealand, in order to make it more expensive compared to British…

Nina Schick is a leading speaker and expert on generative AI, renowned for her groundbreaking work at the intersection of technology, society and geopolitics. As one of the first authors to publish a book on generative AI, she has emerged as a sought-after speaker helping global leaders, businesses, and institutions understand and adapt to this transformative moment. We spoke to Nina to explore the future of AI-driven innovation, its ethical and political dimensions, and how organisations can lead in this rapidly evolving landscape. In your view, how will generative AI redefine the foundational structures of business and economic productivity in…

The International Energy Agency (IEA) has explored the opportunities and challenges brought about by AI with regards to global energy.   Training and deploying sophisticated AI models occur within vast, power-hungry data centres. A “typical AI-focused data centre consumes as much electricity as 100 000 households,” the IEA notes, with the largest facilities under construction projected to demand 20x times that amount. Surging data centre investments Global investment in data centres has nearly doubled since 2022, reaching half a trillion dollars in 2024, sparking concerns about escalating electricity needs. While data centres accounted for approximately 1.5% of global electricity consumption in…

CNBC’s MacKenzie Sigalos reports on the impact of the Genesis bankruptcy on Barry Silbert’s crypto empire. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/ #CNBC #CNBCTV source

peepo/Getty ImagesTrust is fragile, and that’s one problem with artificial intelligence, which is only as good as the data behind it. Data integrity concerns — which have vexed even the savviest organizations for decades — is rearing its head again. And industry experts are sounding the alarm. Users of generative AI may be fed incomplete, duplicative, or erroneous information that comes back to bite them — thanks to the weak or siloed data underpinning these systems. “AI and gen AI are raising the bar for quality data,” according to a recent analysis published by Ashish Verma, chief data and analytics officer at Deloitte…

The world’s two biggest economies begin an almighty trade clash Source link