JPMorgan’s Chairman and CEO Jamie Dimon has said that artificial intelligence (AI) has the ability to make dramatic improvements in workers’ lives. In a recent interview, Dimon expressed optimism that AI holds the potential to advance cancer treatment and could lead to a workweek as short as 3.5 days for the next generation. A staunch advocate of AI, Dimon believes it is indispensable to his company’s success. He previously highlighted its multifaceted utility, including its capacity to drive innovation, enhance customer engagement, boost productivity, and bolster risk management wit
A team led by Northwestern University researchers has developed an artificial intelligence (AI) that can intelligently design robots from scratch. To test the new AI, the researchers of the Illinois, US, based university asked the system to design a robot that can walk across a flat surface. The new algorithm accomplished the task at lightning speed by designing a successfully walking robot in mere seconds. The AI program is not only fast, but also runs on a lightweight personal computer and designs completely new structures from scratch. This makes the algorithm different from other AI
Optimus, the humanoid robot of US multinational automotive and clean energy company Tesla, can perform a variety of tasks such as yoga and sorting blocks by colour independently. In a video shared by the company, the robot demonstrated its ability to sort objects fast and with ease like a human. When intervened by a human in the task, Optimus rapidly adapted to the change and went on to complete the task. The robot can also perform yoga poses. The poses require standing on one leg and extending its limbs, to display its balance and flexibility. As per the video, Optimus is now capable o
The New York Police Department (NYPD) will deploy a robot to patrol the city’s subways. At 5 feet tall and 400 pounds, the Knightscope K5 Autonomous Security Robot is currently on pilot test at the Times Square subway station, working the overnight shift with a human partner. The robot, K5 is equipped with multiple cameras and two-way communication. It is intended to deter crime and capture crimes in progress. It is equipped with a panic button that riders can use to alert patrol officers. It also has facial recognition capabilities and listening devices. The robot began its pilot on
Elon Musk-owned SpaceX’s Falcon 9 rocket has set a new record for being reused for the 17th time. A SpaceX Falcon 9 rocket was launched for a record-tying 17th time on September 23, when it lifted off from Cape Canaveral Space Force Station in Florida at 11:38 p.m. EDT, carrying 22 Starlink internet satellites. The rocket’s first stage came back to Earth as planned, landing on a SpaceX drone ship at sea about 8.5 minutes after launch. With the 17th liftoff, the rocket tied the company’s reuse record, set four days earlier by a different Falcon 9 on another Starlink launch. The 22
E-commerce giant Amazon will invest up to $4 billion in artificial intelligence company Anthropic and take a minority ownership position in the company to fuel generative artificial intelligence (AI). Anthropic was founded about two years ago by former OpenAI research executives, and recently launched its new AI chatbot, Claude 2. The two companies on September 25 said that they are forming a strategic collaboration to advance generative AI, with the start-up selecting Amazon Web Services (AWS) as its primary cloud provider. Anthropic said it will provide AWS customers with early access
In the next four to five years, iPhone maker Apple plans to scale up production in India by over five-fold to around $40 billion (about Rs. 3.32 lakh crore), according to a news report citing government sources. The company crossed the $7 billion production mark in the last financial year, the report added. The US company also plans to start manufacturing Airpods from next year, but has no immediate plans to make iPads or laptops in India. The focus is to scale up existing production levels. It does not have any plans to participate in IT hardware PLI as of now, the official added. On S
Generative artificial intelligence (AI) is poised to significantly impact labour markets by enhancing creativity and automating routine tasks for future jobs, said a white paper released by the World Economic Forum (WEF) on September 18. Jobs most at risk of disruption are those that involve routine and repetitive language tasks, while jobs with a high degree of personal interaction or physical movement will be least affected, it added. The WEF has called on businesses and governments to take proactive steps to prepare for the effects of AI in the workforce, encouraging the creation of an
A trial of a preventive HIV vaccine candidate has begun enrollment in the United States and South Africa. The Phase 1 trial will evaluate a novel vaccine known as VIR-1388 for its safety and ability to induce an HIV-specific immune response in people. The National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health, has provided scientific and financial support throughout the lifecycle of this HIV vaccine concept and is contributing funding for this study. VIR-1388 is designed to instruct the immune system to produce T cells that can recognise
High-Energy electrons from planet Earth might be forming water on its satellite Moon, according to a study based on data collected by the successful Chandrayaan-3’s predecessor Chandrayaan-1 published in the journal Nature Astronomy. The team led by researchers from the University of Hawai'i (UH) at Manoa in the US discovered that these electrons in Earth’s plasma sheet are contributing to weathering processes -- breaking down or dissolving of rocks and minerals -- on the Moon’s surface. Knowing the concentrations and distributions of water on the Moon is critical to understanding