Author: advancedainews

BANGKOK (AP) — Shares were mostly lower Wednesday in Asia after a rare quiet day on Wall Street and in other global financial markets. U.S. futures and oil prices also fell. Also, chip maker Nvidia’s shares fell 6.3% in after-hours trading after it said the U.S. had imposed stricter controls on its exports of one of its computer chips designed for use in artificial intelligence. Stocks in China led the regional declines after the Chinese government reported the world’s second largest economy grew at a strong 5.4% annual rate in the last quarter, helped by strong industrial production, retail sales…

Atkore, SoundHound AI, Unity, Carvana, and ThredUp Shares Are Soaring, What You Need To Know A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as “unsustainable,” and emphasized that a potential agreement between the two economic powers “was possible.” His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets. The stock market…

Meta is using AI technology to search for kids who are lying about their age on Instagram in order to bypass safeguards, the company announced on Monday. When Meta finds an account that it suspects belongs to a teen, the platform will enroll them into a restricted Teen Account, even if the account lists an adult birthday. Teen Accounts, which launched on Instagram last year, enroll young users into an app experience with built-in protections. The safeguards are applied to teens automatically, and limit who can contact a teen on the app and restrict the type of content the account…

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. In the face of increasing generative AI-based deepfake attacks, banks must fight fire with fire and invest more in artificial intelligence themselves, Federal Reserve Gov. Michael Barr said Thursday. Banks must evolve their use of AI to thwart deepfake attacks with the use of facial recognition, voice analysis and behavioral biometrics, he said during a New York Fed event, and technical solutions can be used to detect subtle inconsistencies that point to the use of AI in audio…

Though Ann Bordetsky’s life started in Chelyabinsk, located in Russia’s Ural Mountains, by 11, her family had moved to Columbia, S.C. “When you grow up in an immigrant family, your entire life is kind of a startup,” she said. So it perhaps was natural that after spending the first part of her career in policy in Washington, D.C., she gravitated to startups. Bordetsky held business development leadership roles at both Twitter and Uber during each company’s rise. She ultimately joined NEA as a partner in 2021, where she now focuses on consumer AI investments. “For me, the through line has…

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. (TSM) listed the challenges of ensuring export control compliance by its customers, months after the company’s artificial intelligence silicon was found to have flowed to US-sanctioned Huawei Technologies Co. via intermediaries. Most Read from Bloomberg “TSMC’s role in the semiconductor supply chain inherently limits its visibility and information available to it regarding the downstream use or user of final products that incorporate semiconductors manufactured by it,” the Hsinchu, Taiwan-based company said in its latest annual report released on Friday. The world’s largest contract chipmaker said the constraint impedes its ability to prevent unintended end-uses…

This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. Kia is rolling out its new generative AI-powered voice recognition system called “AI Assistant” on the electric EV3 in Europe, the automaker announced in an press release April 16. The new AI Assistant allows EV3 drivers to have natural, context-aware conversations with their vehicle, which includes the ability to ask open-ended questions and learn more about various vehicle functions. The feature is activated via a steering wheel button or by speaking the phrase “Hey Kia.” Kia’s AI Assistant…

Automation Software Q4 Earnings: SoundHound AI (NASDAQ:SOUN) is the Best in the Biz Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at SoundHound AI (NASDAQ:SOUN) and the best and worst performers in the automation software industry. The whole purpose of software is to automate tasks to increase productivity. Today, innovative new software techniques, often involving AI and machine learning, are finally allowing automation that has graduated from simple one- or two-step workflows to more complex processes integral to enterprises. The result…

Sooner or later, the AI industry will consolidate. Which companies among today’s AI unicorns will survive the shakeout, which will be subsumed into larger companies, and which will perish is, of course, impossible to know. But the wide-ranging views regarding the current crop of high-flying AI startups are instructive in their own right, providing a useful gauge of industry and investor expectations. A few weeks ago, we sent out a call for your predictions as to how the largest AI startups will fare over the next one to five years. And dozens of people got back to us, with some…

In light of the U.S. tariff announcements and rising economic uncertainty, I believe companies will instinctively turn to efficiency measures to weather potential disruption. And while efficiency is critical, it’s empathy—together with operational rigor—that will determine who thrives. In an era increasingly shaped by AI, the most memorable customer experiences harness the power of “and”—they are fast and human, automated and deeply personal. Being seen and understood isn’t at odds with scale. It’s what elevates it. Over the past decade, organizations have invested in technology to make customer service faster, more consistent, and less reliant on human intervention. While automated chatbots and…