Inflation increased in January as expected, according to a key indicator the Federal Reserve uses when deciding whether to cut interest rates. The Dow Jones consensus estimate indicated that the personal consumption expenditures price index, which does not include food and energy costs, increased by 2.8% from a year ago and by 0.4% for the…
Google said on Thursday that it is suspending its Gemini artificial intelligence feature, which generates images because it provides “inaccuracies” in historical images. Social media users have been criticizing the AI tool for producing erroneous depictions of historical figures, such as the American Founding Fathers, as people of color. Google stated that the AI feature…
An often-overlooked but crucially important environmental issue—Big Tech’s growing water footprint—is coming under more public scrutiny as a result of a global rush to capitalize on the next wave of generative artificial intelligence. Researchers say the race to profit from the next wave of AI is one of the main causes of the significant increase…
Industry executives hailed the beginning of a new bull market, with an increasing number of voices predicting new all-time highs for Bitcoin above $100,000 in 2024. This year, Bitcoin has increased in value by over 120%, and many people are optimistic that this trend will continue until 2024. According to Ledger CEO Pascal Gauthier, “It…
