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Jun 10, 2024

Neuralink and the Future of Work — Deep Interview With Yip Thy Diep Ta

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

This interview with Yip Thy Diep Ta, CEO of J3d.ai, delves into AI-driven collective intelligence for decision-making, ethical considerations in AI development (fairness, bias mitigation, diversity), the implications of human-machine integration technologies (e.g., Neuralink), and the evolving role of humans in an AI-driven workforce.

Systain3r Summit: https://www.systain3r.com/

Continue reading “Neuralink and the Future of Work — Deep Interview With Yip Thy Diep Ta” »

Jun 7, 2024

AI may soon predict financial crises before they take root

Posted by in categories: finance, governance, robotics/AI

AI is shaking up the finance sector. Soon, it may be predicting financial crises before they happen. Alongside that potential, robust governance is key.

Jun 7, 2024

The U.S. added 600,000 new millionaires last year as AI fueled markets

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

The big question is whether the wealth boom of the past decade, initially fueled by low interest rates and liquidity, and more recently by Covid-19 pandemic stimulus and artificial intelligence, can continue. Global conflicts, elections, interest rates and a potential economic slowdown could all slow the pace of wealth creation, said Elias Ghanem, global head of the Capgemini Research Institute for Financial Services.

“The last 10 years were exceptional,” Ghanem said. “We now have inflation, a potential recession and geopolitical problems and elections. The environment is completely different.”

Indeed, globally, the wealth picture looks more mixed than in the U.S. The number of millionaires worldwide grew 5.1% last year, to 22.8 million, according to the report. Their combined fortunes grew to a record $86.8 trillion.

Jun 7, 2024

The Biggest Fintech Trends In The Next 10 Years

Posted by in category: finance

Explore the transformative fintech trends projected to reshape the financial landscape by 2035.

Jun 4, 2024

Elon Musk’s xAI says it just raised $6 billion in funding, pulling in big bucks from Sequoia Capital and Saudi Arabia

Posted by in categories: Elon Musk, finance

The mercurial billionaire said in a subsequent X post that xAI’s pre-money valuation was $18 billion. The financial term refers to the value of a company before any equity investment is made.

Pre-money valuation was $18B— Elon Musk (@elonmusk) May 27, 2024

Sunday’s announcement marks the first time xAI has talked about its fundraising efforts. Musk had repeatedly denied earlier reports from Bloomberg and the Financial Times about xAI’s outreach to investors.

Jun 3, 2024

Hackers Targeting 1,500 Banks and Their Customers in Push To Drain Accounts Across 60 Countries: Report

Posted by in categories: cybercrime/malcode, finance, government

Black hat hackers have reportedly unleashed malicious software targeting over 1,500 banks and their customers worldwide.

Security researchers at IBM say a revamped version of the Grandoreiro banking trojan has just rolled out, enabling attackers to perform banking fraud in 60 countries.

The malware allows attackers to send email notices that appear to be urgent government requests for payments.

May 28, 2024

Space Force taking the long view of satellite servicing, with an industry in the balance

Posted by in categories: finance, military, space

And officials can come at those in slightly different ways — meaning that there isn’t necessarily a disconnect between SPACECOM and Space Force, she noted.

But, writ large, Christensen isn’t convinced most new commercial space companies currently being funded by venture capital — whether looking to provide satellite servicing or remote sensing or delivery via rocket — will be able to make it long term without Pentagon and IC dollars.

“I think the US national security community is going to shape commercial space for the foreseeable future,” she said.

May 27, 2024

Lifeboat Foundation: Safeguarding Humanity

Posted by in categories: finance, lifeboat

The Lifeboat Foundation is looking to hire an HQ Supervisor. This individual will be trained by our president in Austin, Texas USA and will be in charge of everything from financial paperwork to keeping our HQ (headquarters) clean.

The two main qualities that are being looked for are: 1) follow through 2) and a strong interest in “Safeguarding Humanity”

May 26, 2024

Hackers phish finance orgs using trojanized Minesweeper clone

Posted by in category: finance

Hackers are utilizing code from a Python clone of Microsoft’s venerable Minesweeper game to hide malicious scripts in attacks on European and US financial organizations.

Ukraine’s CSIRT-NBU and CERT-UA attribute the attacks to a threat actor tracked as ‘UAC-0188,’ who is using the legitimate code to hide Python scripts that download and install the SuperOps RMM.

Superops RMM is a legitimate remote management software that gives remote actors direct access to the compromised systems.

May 26, 2024

$1,800,000,000,000 Bank Says Customer and Employee Data Has Been Exposed and Accessed in Mysterious Breach

Posted by in categories: cybercrime/malcode, finance

One of the largest banks in the world says a data breach has exposed customer and employee information.

In a statement, Santander says it’s aware of “unauthorized access” to a third-party database containing information on an undisclosed number of customers and employees.

The bank, which has $1.8 trillion in total assets and operates in ten markets across Europe and the Americas, says customers of Santander Chile, Spain and Uruguay are affected.

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