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Archive for the ‘business’ category

Jul 19, 2024

Live: Cyber security company CrowdStrike linked to global IT outage

Posted by in categories: business, cybercrime/malcode, finance, transportation

Computer security company CrowdStrike is linked to a major IT outage affecting banks, airports, supermarkets and businesses across Australia and the world.

Airport check-in systems across the globe have been disrupted and businesses have reported the “blue screen of death” and IT outages.

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Jul 19, 2024

Live Updates: Global Tech Outage Grounds Flights and Hits Businesses

Posted by in categories: business, finance

Airlines, banks and broadcasters were among the companies around the world reporting disruptions, citing technical issues.

Jul 13, 2024

US Army Selects RCADE to Solve Highly Complex Problems Across Domains

Posted by in categories: business, energy

Raytheon, an RTX (NYSE: RTX) business, has been awarded a contract from the U.S. Army Futures Command (AFC) Futures and Concepts Center (FCC) to conduct theater level concept experimentation and mission analysis to support agile learning of the future battlefield. Under the contract, a Raytheon team will use its Rapid Campaign Analysis and Demonstration Environment, known as RCADE, to develop large-scale theater scenarios to help FCC leaders assess concepts of operations in a multi-domain conflict. Quantitative data and findings from the scenarios will help identify capabilities needed to succeed in future conflicts.

RCADE is part of Raytheon’s integrated ecosystem of modeling and simulation capabilities that are fed by real-world analytics, models, and data. It creates an experimentation environment where customers can explore battlefield scenarios, assess how different variables impact mission outcomes and quickly iterate their options with greater speed. In tandem with RCADE, the technical expertise provided by Raytheon engineers will complement the U.S. Army’s analysis enterprise. They will work together to meet the challenge of the future and solve complex evolving threats.

“RCADE helps our customers look at some of the most difficult missions and evaluate how to change the outcome for the positive. Our team of highly trained experts power this groundbreaking capability, enabling it to deliver credible, unbiased solutions,” said Colin Whelan, president of Advanced Technology at Raytheon.

Jul 13, 2024

Microsoft Issues Update Warning For All Outlook Users As ‘Dangerous’ New Threat Confirmed

Posted by in categories: business, security

The range of threats, they say, include “attackers exploit[ing] this vulnerability to gain unauthorized access, execute arbitrary code, and cause substantial damage without any user interaction. The absence of authentication requirements makes it particularly dangerous, as it opens the door to widespread exploitation.”

The repeated reference to “trusted senders” in this warning is important. This vulnerability only carries a zero click threat when an email is received from a trusted source. If the sender is unknown, then the user would need to click to execute. That said, if the problem for an attacker is now spoofing emails from trusted sources that’s a very low bar in today’s world of industrial scale business email compromise.

Jul 10, 2024

The Last 6 Decades of AI — and What Comes Next | Ray Kurzweil | TED

Posted by in categories: business, Ray Kurzweil, robotics/AI, singularity

How will AI improve our lives in the years to come? From its inception six decades ago to its recent exponential growth, futurist Ray Kurzweil highlights AI’s transformative impact on various fields and explains his prediction for the singularity: the point at which human intelligence merges with machine intelligence.

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Continue reading “The Last 6 Decades of AI — and What Comes Next | Ray Kurzweil | TED” »

Jul 8, 2024

How Companies Can Mitigate AI’s Growing Environmental Footprint

Posted by in categories: business, governance, robotics/AI, sustainability

As artificial intelligence (AI) becomes increasingly ubiquitous in business and governance, its substantial environmental impact — from significant increases in energy and water usage to heightened carbon emissions — cannot be ignored. By 2030, AI’s power demand is expected to rise by 160%. However, adopting more sustainable practices, such as utilizing foundation models, optimizing data processing locations, investing in energy-efficient processors, and leveraging open-source collaborations, can help mitigate these effects. These strategies not only reduce AI’s environmental footprint but also enhance operational efficiency and cost-effectiveness, balancing innovation with sustainability.

Page-utils class= article-utils—vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.386782 data-title= How Companies Can Mitigate AI’s Growing Environmental Footprint data-url=/2024/07/how-companies-can-mitigate-ais-growing-environmental-footprint data-topic= Environmental sustainability data-authors= Christina Shim data-content-type= Digital Article data-content-image=/resources/images/article_assets/2024/06/Jul24_04_1298348302-383x215.jpg data-summary=

Practical steps for reducing AI’s surging demand for water and energy.

Jul 7, 2024

Systemic Therapy Approaches for Advanced Prostate Cancer

Posted by in categories: augmented reality, biotech/medical, business, education, food, health, media & arts

As part of the 2024 Prostate Cancer Patient Conference, Dr. Eric Small discusses systemic therapy treatment in advanced prostate cancer, including AR-targeted therapy. The presentation includes definitions of disease states, categories of treatment types, and standards in treatment selection.
Recorded on 03/09/2024. [Show ID: 39768]

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Jul 7, 2024

Inside The Secret Deals Between Tech Companies And Nuclear Power Plants

Posted by in categories: business, climatology, economics, nuclear energy, robotics/AI

Tech companies, including Amazon Web Services, are striking deals with U.S. nuclear power plants to secure electricity for their data centers, driven by the skyrocketing demands of artificial intelligence. This move promises 24/7 carbon-free power but stirs controversy, as it could divert existing energy supplies, raise prices, and increase reliance on natural gas. These nuclear-powered data centers might accelerate the AI race, but they also spark debates over economic development, grid reliability, and climate goals. Could this be the future of tech or a risky gamble with unforeseen consequences?

As reported by WSJ, tech businesses searching the country for electrical supplies have focused on one important target: America’s nuclear power facilities.

The owners of about one-third of the United States’ nuclear power reactors are in negotiations with technology companies about providing electricity to new data centers needed to satisfy the needs of an artificial intelligence boom.

Jul 5, 2024

Kratos’ Erinyes hypersonic test vehicle reaches Mach 5 in 1st flight

Posted by in categories: business, military, space

Kratos Defense & Security Solutions (Kratos) has announced the successful test flight of its Erinyes hypersonic test vehicle.

Developed by the company’s Space & Missile Defense Systems Business Unit, the test was completed on June 12, 2024, according to the announcement.

Continue reading “Kratos’ Erinyes hypersonic test vehicle reaches Mach 5 in 1st flight” »

Jul 2, 2024

From chatbots to superintelligence: Mapping AI’s ambitious journey

Posted by in categories: business, mapping, robotics/AI

With the pending arrival of AI agents, we will even more effectively join the always-on interconnected world, both for personal use and for work. In this way, we will increasingly dialog and interact with digital intelligence everywhere.

The path to AGI and superintelligence remains shrouded in uncertainty, with experts divided on its feasibility and timeline. However, the rapid evolution of AI technologies is undeniable, promising transformative advancements. As businesses and individuals navigate this rapidly changing landscape, the potential for AI-driven innovation and improvement remains vast. The journey ahead is as exciting as it is unpredictable, with the boundaries between human and artificial intelligence continuing to blur.

By mapping out proactive steps now to invest and engage in AI, upskill our workforce and attend to ethical considerations, businesses and individuals can position themselves to thrive in the AI-driven future.

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