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Banks moving into the cloud prompt forecasts of security risk – Financial Times

Migrating banks old technology to cloud computing systems is creating a cyber security nightmare for their IT and risk teams, experts have warned. Cloud infrastructure which enables software and data to be held off-site and accessed by any part of an organisation, in any location is helping the worlds banks develop digital services with greater ease and speed.

Microsoft Invests $2.2B to Bring AI, Cloud Technologies to Malaysia – AI Business

Microsofts ongoing AI spending spree continues as the company announced plans to invest $2.2 billion in Malaysia over the next four years to bring AI and cloud infrastructure to the Southeast Asian country. Microsoft says its expansion will enable the company to meet the increasing demand for local cloud computing and AI services. Citing figures from Kearney, the company highlighted that Malaysia is expected to contribute $115 billion to Southeast Asia's total projected GDP growth of $1 trillion by 2030, a growth driven by advancements in AI.

Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024 – The New York Times

Amazon reported its highest first-quarter profit on Tuesday as it continued to wring efficiencies out of its retail business and recharge growth in its cloud computing operations.

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia – Bozeman Daily Chronicle

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HHS shares its Plan for Promoting Responsible Use of Artificial Intelligence in Automated and Algorithmic Systems by … – HHS.gov

Today, the U.S.

Artificial Intelligence in GI and Hepatology | GI and Hepatology News – MDedge

Dear colleagues, Since our prior Perspectives piece on artificial intelligence (AI) in GI and Hepatology in 2022, the field has seen almost exponential growth. Expectations are high that AI will revolutionize our field and significantly improve patient care. But as the global discussion on AI has shown, there are real challenges with adoption, including issues with accuracy, reliability, and privacy

How Clemson University Students Are Using Artificial Intelligence – EdTech Magazine: Focus on K-12

While new technology often brings great benefits and boosts efficiency, there are also downsides. Last year, Microsoft co-founder Bill Gates mentioned that one negative aspect of a tool like ChatGPT is that future generations of students may not learn certain skills. However, he believes using AI as a tool in the classroom willhelp students more than hurt them

HUD Issues Fair Housing Act Guidance on Applications of Artificial Intelligence – HUD

HUD Issues Fair Housing Act Guidance on Applications of Artificial Intelligence Department recommends best practices to prevent discriminatory uses of artificial intelligence in tenant screening and advertising of housing and housing-related services WASHINGTON - Today, the U.S. Department of Housing and Urban Development (HUD) released two guidance documents addressing the application of the Fair Housing Act to two areas in which the use of artificial intelligence poses particular concerns: the tenant screening process and its application to the advertising of housing opportunities through online platforms that use targeted ads. Todays announcement is in accordance with President Joe Bidens Executive Order, which called on HUD to provide guidance to combat discrimination enabled by automated or algorithmic tools used to make decisions about access to housing and in other real estate-related transactions

OPINION: Artificial intelligence, the usefulness and dangers of AI – Coast Report

The entrance to Paramount Pictures in Hollywood. As my mind wanders to AI, robots, and machines replacing humans, realizations enter and I see it not as AI troubles, but as humans abuse the systems we create

Introducing Nexis Network: A layer-1 blockchain advancing accelerated computing and Artificial Intelligence (AI) – AccessWire

Nexis Network is a revolutionary platform that combines the power of AI and blockchain technology to enable the development and deployment of AI and data-driven applications in a decentralized manner. With its scalable, secure, and privacy-preserving infrastructure, Nexis Network empowers developers, researchers, and organizations to build innovative solutions and drive collaboration across industries. SAINT VINCENT, GRENADA / ACCESSWIRE / May 3, 2024 / Nexis Network, a groundbreaking platform that combines the power of artificial intelligence (AI) and blockchain technology, is proud to announce its launch.