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Category: Business

‘Pick a number’: Strategist says the U.S. dollar will drift much lower against the Japanese yen
Business, General, News

‘Pick a number’: Strategist says the U.S. dollar will drift much lower against the Japanese yen

August 21, 2024

The U.S. dollar is likely to continue to drift lower against the Japanese yen over the coming months, according to…

Business, General

Geometry-Guided Self-Assessment of Generative AI Models: Enhancing Diversity, Fidelity, and Control

August 21, 2024

Deep generative models learn continuous data representations from a limited set of training samples, with global metrics like Fréchet Inception…

China calls EU tariffs on EVs unfair, says it will take necessary measures to defend industry
Business, General, News

China calls EU tariffs on EVs unfair, says it will take necessary measures to defend industry

August 21, 2024

Beijing said it continues to believe the EU’s probe into China’s subsidies for EVs are promoting unfair competition in the…

Search for Sicily yacht passengers enters third day with tech tycoon Mike Lynch and 5 others missing
Business, General, News

Search for Sicily yacht passengers enters third day with tech tycoon Mike Lynch and 5 others missing

August 21, 2024

The ship was violently rocked by a storm around 4 a.m. local time Monday while it was anchored near the…

China’s new rules are worrying insiders about how far Beijing will go on controlling critical metals
Business, General, News

China’s new rules are worrying insiders about how far Beijing will go on controlling critical metals

August 21, 2024

New export controls have shaken the critical minerals industry. Insiders are worried that Beijing will leverage its global supply chain…

Barack and Michelle Obama electrify Democrats but warn of tight race
Business, General, News

Barack and Michelle Obama electrify Democrats but warn of tight race

August 21, 2024

The couple lauded Kamala Harris but urged their party members to “get to work” if they wanted to defeat Donald…

Recent volatility spike was a ‘huge overreaction,’ but expect more ahead, UBS strategist says
Business, General, News

Recent volatility spike was a ‘huge overreaction,’ but expect more ahead, UBS strategist says

August 21, 2024

The recent spike in volatility was an “overreaction,” UBS’ Gerry Fowler says, but more choppiness could be ahead.

‘Who’s telling Trump he might be seeking one of those black jobs?’
Business, General, News

‘Who’s telling Trump he might be seeking one of those black jobs?’

August 21, 2024

Michelle Obama mocked Trump, accusing the former president of doubling down on lies to “make people fear us”.

The world’s largest steel industry is going through a ‘winter’ amid a supply glut and weak demand
Business, General, News

The world’s largest steel industry is going through a ‘winter’ amid a supply glut and weak demand

August 21, 2024

The Chinese steel industry is caught “between a rock and a hard place” as steel makers’ margins are getting increasingly…

Business, General

DataVisT5: A Powerful Pre-Trained Language Model for Seamless Data Visualization Tasks

August 21, 2024

Data visualizations (DVs) have become a common practice in the big data era, utilized by various applications and institutions to…

Key moments when Harris and Obama’s political paths crossed
Business, General, News

Key moments when Harris and Obama’s political paths crossed

August 21, 2024

Two decades after they first met, he will use his convention speech to try to propel her to the White…

Asia-Pacific markets slip as Wall Street rally falters, Japan trade data in focus
Business, General, News

Asia-Pacific markets slip as Wall Street rally falters, Japan trade data in focus

August 21, 2024

Japan’s July exports are expected to come in 11.4% higher year on year, while imports are forecast to rise 14.9%

Business, General

Automated Design of Agentic Systems(ADAS): A New Research Problem that Aims to Invent Novel Building Blocks and Design Powerful Agentic Systems Automatically

August 21, 2024

Automated design in artificial intelligence (AI) is an emerging field focusing on developing systems capable of independently generating and optimizing…

Recovered body believed to be luxury yacht’s chef
Business, General, News

Recovered body believed to be luxury yacht’s chef

August 20, 2024

Recaldo Thomas, an experienced and respected sailing chef, was saving money to restore his late parents’ house.

Business, General

Formatron: A High-Performance Constrained Decoding Python Library that Allows Users to Control the Output Format of Language Models with Minimal Overhead

August 20, 2024

Language models (LMs), while powerful in generating human-like text, often produce unstructured and inconsistent outputs. The lack of structure in…

Mpox is ‘not the new Covid’ and the disease can be stopped, WHO director says
Business, General, News

Mpox is ‘not the new Covid’ and the disease can be stopped, WHO director says

August 20, 2024

Mpox is “not the new Covid” and the risk to the general population is low, according to the WHO’s regional…

Doctor: Bayesian ‘capsized within a few minutes’
Business, General, News

Doctor: Bayesian ‘capsized within a few minutes’

August 20, 2024

Survivors of the Bayesian say the ship “capsized within a few minutes”, according to a doctor treating them.

Eli Lilly’s weight loss drug slashes the risk of developing diabetes in long-term trial
Business, General, News

Eli Lilly’s weight loss drug slashes the risk of developing diabetes in long-term trial

August 20, 2024

The late-stage trial on tirzepatide also found that patients experienced sustained weight loss over the roughly three-year treatment period.

Brits snap up lower mortgage deals as Bank of England rate cut boosts property market
Business, General, News

Brits snap up lower mortgage deals as Bank of England rate cut boosts property market

August 20, 2024

Britain’s biggest high street lenders are continuing to slash borrowing costs after the Bank of England’s first interest rate cut in four…

Watch: Rescue operations resume in Sicily for second day
Business, General, News

Watch: Rescue operations resume in Sicily for second day

August 20, 2024

A helicopter and divers were deployed at the scene where a yacht sank, as rescue operations continue.

European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms
Business, General, News

European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms

August 20, 2024

The European Union on Tuesday said a planned tariff on Tesla vehicles being imported from China would be cut to…

Business, General

Text2BIM: An LLM-based Multi-Agent Framework Facilitating the Expression of Design Intentions more Intuitively

August 20, 2024

Building Information Modeling (BIM) is an all-encompassing method of representing built assets using geometric and semantic data. This data can…

Business, General

Fabric: An Open-Source Framework for Augmenting Humans Using AI

August 20, 2024

The year 2023 witnessed a rapid rise in generative AI, which has led to the development of numerous AI applications…

European stocks open cautiously higher as market uncertainty lingers
Business, General, News

European stocks open cautiously higher as market uncertainty lingers

August 20, 2024

European stocks opened cautiously higher Tuesday as market uncertainty over the outlook for interest rate cuts lingers.

‘America, I gave my best to you’: Biden eyes legacy in emotional farewell
Business, General, News

‘America, I gave my best to you’: Biden eyes legacy in emotional farewell

August 20, 2024

The president lauded Kamala Harris and gave a forceful defence of his own achievements in a speech that he never…

Global commodities’ biggest winners and losers this year — and where they’re headed
Business, General, News

Global commodities’ biggest winners and losers this year — and where they’re headed

August 20, 2024

The global commodities market has had a volatile year thus far, with prices remaining largely elevated.

Business, General

Mamba Retriever: An Information Retriever Model for Utilizing Mamba for Effective and Efficient Dense Retrieval

August 20, 2024

Dense Retrieval (DR) models are an advanced method in information retrieval (IR) that uses deep learning techniques to map passages…

Hillary Clinton says it’s time Kamala Harris broke ‘glass ceiling’
Business, General, News

Hillary Clinton says it’s time Kamala Harris broke ‘glass ceiling’

August 20, 2024

Women in politics say much has changed since Ms Clinton ran for office in 2016 – but is it enough?

Business, General

Microsoft Released SuperBench: A Groundbreaking Proactive Validation System to Enhance Cloud AI Infrastructure Reliability and Mitigate Hidden Performance Degradations

August 20, 2024

Cloud AI infrastructure is vital to modern technology, providing the backbone for various AI workloads and services. Ensuring the reliability…

Business, General

Improving Robustness Against Bias in Social Science Machine Learning: The Promise of Instruction-Based Models

August 20, 2024

Language models (LMs) have gained significant prominence in computational text analysis, offering enhanced accuracy and versatility. However, a critical challenge…

Asia-Pacific markets climb; China loan prime rates and RBA minutes in focus
Business, General, News

Asia-Pacific markets climb; China loan prime rates and RBA minutes in focus

August 20, 2024

China’s loan prime rates are expected to be held at 3.35% for the one-year LPR and 3.85% for the five…

UK tech tycoon among six missing after yacht sinks
Business, General, News

UK tech tycoon among six missing after yacht sinks

August 19, 2024

A total 22 people were on board the superyacht when it went down off the coast of Sicily.

Business, General

Salesforce AI Research Introduce xGen-MM (BLIP-3): A Scalable AI Framework for Advancing Large Multimodal Models with Enhanced Training and Performance Capabilities

August 19, 2024

Large Multimodal Models (LMMs) are rapidly advancing, driven by the need to develop artificial intelligence systems capable of processing and…

What to expect from the 2024 Democratic National Convention
Business, General, News

What to expect from the 2024 Democratic National Convention

August 19, 2024

Prominent party leaders, celebrities and nearly 50,000 people will gather in Chicago for the DNC.

GM lays off more than 1,000 salaried software and services employees
Business, General, News

GM lays off more than 1,000 salaried software and services employees

August 19, 2024

GM is laying off more than 1,000 salaried employees in its software and services unit following a review to streamline…

Business, General

Can LLMs Visualize Graphics? Assessing Symbolic Program Understanding in AI

August 19, 2024

Large language models (LLMs) have demonstrated the ability to generate generic computer programs, providing an understanding of program structure. However,…

British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily
Business, General, News

British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily

August 19, 2024

British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar…

Business, General

AtomAgents: A Multi-Agent AI System to Autonomously Design Metallic Alloys

August 19, 2024

The multi-scale difficulty of designing new alloys calls for a comprehensive strategy, as this procedure includes gathering pertinent information, using…

Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Business, General, News

Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data

August 19, 2024

“Continued expansion would make the US look more similar to other G10 economies, where the Sahm rule has held less…

European markets start the new trading week in mixed territory
Business, General, News

European markets start the new trading week in mixed territory

August 19, 2024

European stocks started the new trading week in mixed territory, after global markets rallied last week.

Business, General

Google DeepMind Researchers Propose a Dynamic Visual Memory for Flexible Image Classification

August 19, 2024

Deep learning models typically represent knowledge statically, making adapting to evolving data needs and concepts challenging. This rigidity necessitates frequent…

Business, General

The Challenges of Implementing Retrieval Augmented Generation (RAG) in Production

August 19, 2024

In the field of Natural Language Processing (NLP), Retrieval Augmented Generation, or RAG, has attracted much attention lately. Breaking down…

Business, General

Meet Decisional AI: An AI Agent for Financial Analysts

August 19, 2024

Tasks like extracting data, creating market maps, and sorting through transcripts and board packs prevent analysts from using the first…

US pushes for Gaza truce as Israel and Hamas trade blame
Business, General, News

US pushes for Gaza truce as Israel and Hamas trade blame

August 19, 2024

Secretary of State Antony Blinken hopes to persuade the Israeli PM to take a deal when they meet on Monday.

Asia markets take a breather after last week’s rally; inflation data and central bank decisions on deck
Business, General, News

Asia markets take a breather after last week’s rally; inflation data and central bank decisions on deck

August 19, 2024

Traders will watch out for central bank releases, including the Bank of Korea’s rate decision and minutes of the Reserve…

Ukraine says it has destroyed second Russian bridge
Business, General, News

Ukraine says it has destroyed second Russian bridge

August 18, 2024

Ukrainian forces continue their incursion into Russia’s Kursk region, claiming destruction of a second bridge.

Business, General

USC Researchers Present Safer-Instruct: A Novel Pipeline for Automatically Constructing Large-Scale Preference Data

August 18, 2024

Language model alignment is quite important, particularly in a subset of methods from RLHF that have been applied to strengthen…

Business, General

Meta AI and NYU Researchers Propose E-RLHF to Combat LLM Jailbreaking

August 18, 2024

Large Language Models (LLMs) have gained prominence in deep learning, demonstrating exceptional capabilities across various domains such as assistance, code…

To fix Starbucks, incoming CEO Brian Niccol will have to tackle its mobile app problem
Business, General, News

To fix Starbucks, incoming CEO Brian Niccol will have to tackle its mobile app problem

August 18, 2024

When Brian Niccol steps in as CEO of Starbucks, he’ll be tasked with fixing the chain’s operational issues.

Business, General

EmBARDiment: An Implicit Attention Framework that Enhances AI Interaction Efficiency in Extended Reality Through Eye-Tracking and Contextual Memory Integration

August 18, 2024

Extended Reality (XR) technology transforms how users interact with digital environments, blending the physical and virtual worlds to create immersive…

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