Todayās MenuĀ š„
- TD BankāsĀ $3 Billion Fine
- Metaās LeCun Calls BS OnĀ Doomsday AI Theories
- REMspace ConfirmsĀ Dream Conversations Over WiFi
- Everything Else YouĀ Need To Know
Fast Snacks š„”
Anthropic CEO Predicts AI Will Fix the World
Anthropic CEO Dario Amodei predicts that AI will cure diseases, solve hunger, and double human lifespans by 2026. Heās optimistic about AIās potential for global prosperity, however, his vision may seem a bit optimistic given AIās current limitations.
Walmart Unveils AI and AR-Powered Platforms to Improve Retail Experience
Walmart has introduced cutting-edge AI, Generative AI, and Augmented Reality platforms to create highly personalized and immersive shopping experiences. These technologies will power tools like a customized homepage, a smarter customer care chatbot, and virtual shopping environments, setting a new standard for Adaptive Retail. This feels a bit spooky right? Not just because itās Octoberā¦š
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TD Bank Pleads Guilty to Money Laundering, Fined $3 Billion š°
TD Bank profited over $10b from their money laundering operations and were fined $3b from the DOJ.
Net profit: $7B for running cartel money.
Total US bank fines by govt agencies since 2000: $390,617,479,816
Zero crypto interest involved whatsoever.
ā VonDoom āļø (@CryptoVonDoom) October 13, 2024
As one of the largest banks in the U.S., TD Bank will also face limits on its growth and a three-year independent monitor to oversee its compliance practices.
With federal regulators cracking down, this case serves as a stark reminder that cutting corners on compliance can cost billionsāand tarnish a bankās reputation.
Meta AIās LeCun says AI Doomsday Theories are BS š©
In a refreshingly blunt interview, AI pioneer Yann LeCun says weāre a long way from needing to worry about artificial intelligence taking over the world.
As a senior researcher at Meta AI, LeCun knows a thing or two about AI. Heās won a Turing Award, after all. He argues that current AI systems arenāt even close to outsmarting your average house cat.
His message? Letās pump the brakes on the doomsday scenarios and focus on real progressālike teaching AI to handle a little thing called ācommon sense.ā
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Talking in Your Sleep Just Got a Whole New Meaningā¦
In a recent, revolutionary experiment conducted by REMspace – a California-based startup – participants successfully communicated with each other while lucid dreaming, exchanging a simple message.
This breakthrough could soon turn dream-based communication into an everyday reality, opening up exciting new possibilities for how we connect.Ā However, this could also cause significant disruption in sleep rythms depending on how its implemented.
Everything Else You Need To Know
Starship rocket booster caught by tower pic.twitter.com/aOQmSkt6YE
ā Elon Musk (@elonmusk) October 13, 2024
SpaceX Successfully Catches Super Heavy Booster in Historic Starship Test:Ā SpaceX launched its Starship and made history byĀ catching the Super Heavy booster with giant “chopstick” arms.Ā This marks a key step toward reusing Starship for future missions, including NASA’s Artemis program.
AI Startups Dominate Venture Funding with $18.9 Billion Raised in Q3:Ā AI companies raised $18.9 billion in Q3, making up 28% of all venture funding.Ā The quarterās highlight was OpenAIās record-breaking $6.6 billion round,Ā along with several other large investments in U.S.-based AI startups.
AI is Shaping the Future of Precision Nutrition:Ā AI is revolutionizing precision nutrition by analyzing complex data to tailor diets based on individual needs. Given the ability to handle many factors,Ā AI can offer more personalized dietary recommendations than ever before.
BioNTech Acquires AI Startup InstaDeep for $550M Fueling Biotech Innovation:Ā BioNTechās acquisition of AI startup InstaDeep has propelledĀ advancements in biotech, including cancer research,Ā while allowing InstaDeep to continue innovating in other industries.
TSMC Plans More AI Chip Plants in Europe Amid Global Expansion:Ā Taiwan SemiconductorĀ (TSMC) is planning additional plants in Europe,Ā focusing on AI chip production, following its new ā¬10 billion facility in Dresden.
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