Lifeboat Foundation

Imagine Volkswagen goes the way of Nokia | Business.

Collaboration yields new solutions that tackle complex challenges in defense and aerospace sectors

Companies to showcase live demonstration of quantum-hybrid application at Space & Missile Defense Symposium

BURNABY, British Columbia, PALO ALTO, Calif. & HUNTSVILLE, Ala., August 7, 2023 —(BUSINESS WIRE)— D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services, and Davidson Technologies, Inc., a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers, today announced progress in their collaboration to create solutions that advance national defense efforts. In support of the companies’ joint presence at this week’s Space and Missile Defense Symposium, D-Wave and Davidson Technologies revealed that together they have built two applications, focused on interceptor assignment and optimized radar scheduling.

Will they replace human cosmetics workers?

A report by CBS News.

The article outlined several AI firms that have entered the industry and shared their point of view on its progress.

Continue reading “AI robots can now do manicures and other beauty treatments” »

It turns out robots have a ‘U-shaped’ effect on profits.

Researchers from the University of Cambridge have found that investment in robots can cause a firm’s profits to first decline before rising again, resulting in a so-called ‘U-shaped’ effect on profits.

This is according to a report by TechXplore published on Thursday.

Continue reading “Adopting robots will cause a business’s profits to decline at first” »

Automation is taking hold at more companies, and businesses building the robots are looking for workers.

The crushing demand for AI has also revealed the limits of the global supply chain for powerful chips used to develop and field AI models.

The continuing chip crunch has affected businesses large and small, including some of the AI industry’s leading platforms and may not meaningfully improve for at least a year or more, according to industry analysts.

The latest sign of a potentially extended shortage in AI chips came in Microsoft’s annual report recently. The report identifies, for the first time, the availability of graphics processing units (GPUs) as a possible risk factor for investors.

For a company the size of Amazon, it takes a lot to move the needle. It’s hard to enter new businesses that have enough upside to make a material difference. Advertising is one of them. With its recent change to break out results for its advertising business, Amazon is signaling it’s all in on staking its claim to as much of the market as it can.

That market is growing, but Amazon’s business is growing much faster. That means it’s taking share away from its competitors. Amazon is already the third-largest advertising platform. I wouldn’t bet against it someday soon becoming the biggest.

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Andy Jassy used Thursday’s earnings call to underscore just how much the company is investing in artificial intelligence.

“Every single one” of Amazon’s businesses has “multiple generative AI initiatives going right now,” Amazon CEO Andy Jassy said on the company’s Q2 2023 earnings call on Thursday. The company offers infrastructure and services via AWS that can help power many generative artificial intelligence applications, which Jassy did discuss on the call, but he also stressed just how important AI is across the company as a whole.

Here’s more from Jassy about those generative AI initiatives:

Continue reading “‘Every single’ Amazon team is working on generative AI, says CEO” »

Meta has released AudioCraft, a new open-source generative AI framework that can produce music from simple text prompts. AudioCraft is based on a dynamic framework that enables high-quality, realistic audio and music generation from text-based user inputs. It aims to revolutionize music generation by empowering professional musicians to explore new compositions, indie game developers to enhance their virtual worlds with sound effects, and small business owners to add soundtracks to their Instagram posts, all with ease.

AudioCraft is based on a dynamic framework that enables high-quality, realistic audio and music generation from text-based user inputs. It aims to revolutionize music generation by empowering professional musicians to explore new compositions, indie game developers to enhance their virtual worlds with sound effects, and small business owners to add soundtracks to their Instagram posts, all with ease.

AudioCraft is a collection of three robust models: MusicGen, AudioGen and EnCodec. While MusicGen uses text-based user inputs to generate music, AudioGen performs a similar role for ambient sounds. Both are trained with Meta-owned and specifically licensed music and public sound effects, respectively. A recent release from the company offers an improved version of EnCodec. This decoder allows for high-quality music generation with fewer artifacts, based on the pre-trained AudioGen and all AudioCraft model weights and code.