Tag: financial

Source URL: https://www.theregister.com/2025/02/08/uae_france_dc_ai/ Source: The Register Title: France, UAE to drop €50B on AI mega-datacenter. Still nowhere near America’s $500B bet Feedly Summary: Oh look, a mini Stargate, how quaint The United Arab Emirates (UAE) and France this week announced plans for a one-gigawatt AI datacenter campus dedicated to advancing development of artificial intelligence.… AI…

Hacker News: Telnyx Knows Nothing

Feb 8, 2025

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Source URL: https://www.fredposner.com/telnyx-knows-nothing/ Source: Hacker News Title: Telnyx Knows Nothing Feedly Summary: Comments AI Summary and Description: Yes **Summary**: The text discusses a proposed $4.5 million fine against Telnyx by the FCC for failing to implement effective measures to prevent illegal robocalls from their network. It highlights the importance of proper Know Your Customer (KYC)…

Slashdot: Creators Demand Tech Giants Fess Up, Pay For All That AI Training Data

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Source URL: https://slashdot.org/story/25/02/07/2114226/creators-demand-tech-giants-fess-up-pay-for-all-that-ai-training-data?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Creators Demand Tech Giants Fess Up, Pay For All That AI Training Data Feedly Summary: AI Summary and Description: Yes Summary: The text discusses significant concerns raised by UK parliamentary committees regarding the unauthorized use of copyrighted content by AI companies. Composers and industry experts express fears of diminishing…

Hacker News: Why LLMs still suck at OCR

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Source URL: https://www.runpulse.com/blog/why-llms-suck-at-ocr Source: Hacker News Title: Why LLMs still suck at OCR Feedly Summary: Comments AI Summary and Description: Yes Summary: The text explores the challenges faced when using Large Language Models (LLMs) for tasks like Optical Character Recognition (OCR) and complex data extraction, emphasizing their limitations in processing intricate document layouts and the…

Hacker News: Amazon Will Spend Nearly a Year of AWS Revenue on AI Investments

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Source URL: https://www.nextplatform.com/2025/02/07/amazon-will-spend-nearly-a-year-of-aws-revenue-on-ai-investments/ Source: Hacker News Title: Amazon Will Spend Nearly a Year of AWS Revenue on AI Investments Feedly Summary: Comments AI Summary and Description: Yes **Summary**: The text discusses Amazon’s substantial capital investments in AI infrastructure through AWS, projecting over $100 billion in capital expenditures for 2025, mainly focusing on AI systems and…

Slashdot: India To Launch New Domain Name For Banks To Fight Digital Fraud

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Source URL: https://tech.slashdot.org/story/25/02/07/1335247/india-to-launch-new-domain-name-for-banks-to-fight-digital-fraud?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: India To Launch New Domain Name For Banks To Fight Digital Fraud Feedly Summary: AI Summary and Description: Yes Summary: India’s central bank is launching a new “.bank.in” domain for banks to mitigate the rise of digital payment fraud and enhance trust in online banking. This initiative is part…

The Register: SoftBank woos OpenAI with $40B, making Microsoft’s $13B look quaint

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Source URL: https://www.theregister.com/2025/02/07/softbank_invests_40b_openai/ Source: The Register Title: SoftBank woos OpenAI with $40B, making Microsoft’s $13B look quaint Feedly Summary: Some of that cash is reportedly headed for $500B Stargate dream The AI investment landscape is shifting once again, with SoftBank reportedly finalizing a $40 billion stake in OpenAI – pushing its valuation to around $300…

The Register: Datacenter energy use to more than double by 2030 thanks to AI’s insatiable thirst

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Source URL: https://www.theregister.com/2025/02/07/datacenter_energy_goldman_sachs/ Source: The Register Title: Datacenter energy use to more than double by 2030 thanks to AI’s insatiable thirst Feedly Summary: Shocking research warns electricity shortages could create construction bottleneck AI’s thirst for electricity will see datacenter energy use more than double by the end of the decade – just five years from…

Hacker News: The Government’s Computing Experts Say They Are Terrified

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