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Archive for the ‘finance’ category: Page 7

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.

Follow our live blog or download the ABC News app and subscribe to our range of news alerts for the latest updates.

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 15, 2024

Tesla’s Megapack Technology Selected for Australia’s Largest Four-Hour Battery Storage System

Posted by in categories: energy, finance, sustainability

Tesla Energy secured a $375 million Megapack contract in Australia. The new Tesla Megapack contract will help build a 415 MW/1660 MWh battery Down Under, one of the largest four-hour batteries in the world.

Tesla Energy will supply Megapacks to Akaysha Energy’s Orana Battery Energy Storage System (BESS). The Orana project is located in New South Wales within Central West Orana’s Renewable Energy Zone (REZ).

We are very pleased to announce the successful closing of the debt financing of the Orana project as we move into construction on Akaysha’s first four-hour BESS to date. As the largest standalone BESS financing globally, this achievement not only secures the capital for Orana’s construction but also highlights the strong support we have received from both local and international banks, as well as from BlackRock. Their commitment to advancing the energy transition in Australia and internationally has been pivotal to reaching this milestone.

Jul 10, 2024

Skild AI raises $300M to build a general-purpose, AI-powered brain for any robot

Posted by in categories: finance, robotics/AI

Skild AI, a startup that’s developing artificial intelligence-powered brains for robots, said today it has closed on a bumper $300 million early-stage funding round, bringing its valuation to a cool $1.5 billion.

The Series A round was led by a host of top-tier venture capital firms, including Lightspeed Venture Partners, Coatue, Softbank Group Corp. and Jeff Bezos’s Bezos Expeditions. It also saw participation from the likes of Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel and Carnegie Mellon University.

Skild AI is building what it says is a “shared, general-purpose brain” that will be able to equip a diverse group of robots that can perform multiple kinds of tasks in a wide range of scenarios, such as manipulating objects, locomotion and navigation. It says its AI intelligence can be integrated with any kind of robot, including humanoid bots with advanced computer vision skills designed to perform dexterous manipulation of objects in the home and in industrial settings, and more resilient quadruped robots that can navigate any physical environment.

Jul 9, 2024

Sustaining wakefulness: Brainstem connectivity in human consciousness

Posted by in categories: biotech/medical, chemistry, finance, neuroscience

Consciousness is comprised of arousal (i.e., wakefulness) and awareness. Substantial progress has been made in mapping the cortical networks that modulate awareness in the human brain, but knowledge about the subcortical networks that sustain arousal is lacking. We integrated data from ex vivo diffusion MRI, immunohistochemistry, and in vivo 7 Tesla functional MRI to map the connectivity of a subcortical arousal network that we postulate sustains wakefulness in the resting, conscious human brain, analogous to the cortical default mode network (DMN) that is believed to sustain self-awareness. We identified nodes of the proposed default ascending arousal network (dAAN) in the brainstem, hypothalamus, thalamus, and basal forebrain by correlating ex vivo diffusion MRI with immunohistochemistry in three human brain specimens from neurologically normal individuals scanned at 600–750 µm resolution. We performed deterministic and probabilistic tractography analyses of the diffusion MRI data to map dAAN intra-network connections and dAAN-DMN internetwork connections. Using a newly developed network-based autopsy of the human brain that integrates ex vivo MRI and histopathology, we identified projection, association, and commissural pathways linking dAAN nodes with one another and with cortical DMN nodes, providing a structural architecture for the integration of arousal and awareness in human consciousness. We release the ex vivo diffusion MRI data, corresponding immunohistochemistry data, network-based autopsy methods, and a new brainstem dAAN atlas to support efforts to map the connectivity of human consciousness.

One sentence summary We performed ex vivo diffusion MRI, immunohistochemistry, and in vivo 7 Tesla functional MRI to map brainstem connections that sustain wakefulness in human consciousness.

BF has a financial interest in CorticoMetrics, a company whose medical pursuits focus on brain imaging and measurement technologies. BF’s interests were reviewed and are managed by Massachusetts General Hospital and Mass General Brigham HealthCare in accordance with their conflict-of-interest policies.

Jul 8, 2024

Beyond Borders: Applying Modern Conflict Laws as Framework for Outer Space Governance

Posted by in categories: energy, finance, governance, law, military, satellites, surveillance

Moreover, the concept of limitation, which dictates that the means and methods of warfare are not unlimited, can help prevent the escalation of conflicts in space by imposing restrictions on the use of certain weapons or tactics that could cause indiscriminate harm or result in long-term consequences for space exploration and utilization. Given a growing number of distinct weapons systems in orbit – from missile defense systems with kinetic anti-satellite capabilities, electronic warfare counter-space capabilities, and directed energy weapons to GPS jammers, space situational awareness, surveillance, and intelligence gathering capabilities – legal clarity rather than strategic ambiguity are crucial for ensuring the responsible and peaceful use of outer space.

Additionally, the principle of humanity underscores the importance of treating all individuals with dignity and respect, including astronauts, cosmonauts, and civilians who may be affected by conflicts in space. By upholding this principle, outer space law can ensure that human rights are protected and preserved, particularly in the profoundly challenging environment of outer space. Moreover, with civilians on the ground increasingly tethered to space technologies for communication, navigation, banking, leisure, and other essential services, the protection of their rights becomes a fundamental imperative.

The modern laws of armed conflict (LOAC) offer a valuable blueprint for developing a robust legal framework for governing activities in outer space. By integrating complementary principles of LOAC or international humanitarian law with the UN Charter into outer space law, policymakers can promote the peaceful and responsible use of outer space while mitigating the risks associated with potential conflicts in this increasingly contested domain.

Jul 8, 2024

Nine ventures join first SoCal-UK Space Accelerator

Posted by in categories: finance, space

TAMPA, Fla. — Mandala Space Ventures, a Californian venture studio and incubator, announced July 8 the nine United Kingdom-based startups participating in its UK Space Agency-funded accelerator program this fall.

The eight-week virtual course starts Sept. 3 and culminates with an in-person investor pitch day at the California Institute of Technology (Caltech) in Pasadena, California.

The SoCal-UK Space Accelerator creates a “transatlantic portal for great ideas from the U.K.,” said Mandala founder and CEO Leon Alkalai, helping prepare them for venture capital and access to the U.S. market.

Jul 6, 2024

AGI-23 | Test and Evaluation First Principles for General Learning Systems

Posted by in categories: biotech/medical, finance, robotics/AI, singularity

This is a recording of the AGI23 Conference, Day 1, June 16th 2023, Stockholm. This video shows the following tutorial: Test and Evaluation First Principles for General Learning Systems, led by Tyler Cody.

SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive, and beneficial Artificial General Intelligence (AGI). An AGI is not dependent on any central entity, is open to anyone, and is not restricted to the narrow goals of a single corporation or even a single country.

Continue reading “AGI-23 | Test and Evaluation First Principles for General Learning Systems” »

Jul 5, 2024

Army asks industry for navigation warfare waveforms in counter-PNT technology to disrupt enemy operations

Posted by in categories: finance, military, space, surveillance

ABERDEEN PROVING GROUND, Md. – U.S. Army electronic warfare (EW) experts are reaching out to industry for new ways to design electronic payloads that counter enemy positioning, navigation, and timing (PNT).

Officials of the Army Contracting Command at Aberdeen Proving Ground, Md., issued a request for information (W56KGURTI-24-R-1001) on Friday for the Counter-PNT Navigation Warfare Defeat project.

Counter-PNT seeks to defeat enemy satellite navigation and timing systems, such as the U.S. Global Positioning System (GPS), which are essential for navigation, communications, weapons guidance, surveillance, transportation, and financial transactions.

Jul 5, 2024

Exploring AI, Cognitive Science, and Ethics | Deep Interview with Jay Friedenberg

Posted by in categories: biotech/medical, ethics, finance, robotics/AI, science, singularity

In this thought-provoking lecture, Prof. Jay Friedenberg from Manhattan College delves into the intricate interplay between cognitive science, artificial intelligence, and ethics. With nearly 30 years of teaching experience, Prof. Friedenberg discusses how visual perception research informs AI design, the implications of brain-machine interfaces, the role of creativity in both humans and AI, and the necessity for ethical considerations as technology evolves. He emphasizes the importance of human agency in shaping our technological future and explores the concept of universal values that could guide the development of AGI for the betterment of society.

00:00 Introduction to Jay Friedenberg.
01:02 Connecting Cognitive Science and AI
02:36 Human Augmentation and Technology.
03:50 Brain-Machine Interfaces.
05:43 Balancing Optimism and Caution in AI
07:52 Free Will vs Determinism.
12:34 Creativity in Humans and Machines.
16:45 Ethics and Value Alignment in AI
20:09 Conclusion and Future Work.

Continue reading “Exploring AI, Cognitive Science, and Ethics | Deep Interview with Jay Friedenberg” »

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