Artificial intelligence is changing the music industry, with musicians increasingly embracing it as a creative partner. They utilise AI for songwriting and music composition, sparking debates about its impact. While some fear AI may stifle music, others see it as heralding a new era of creativity. We get you more details in this report.

Will AI mean the death of music?

<p>A group of 20 tech companies on Friday (Feb 16) said that they had agreed for a joint effort to prevent deceptive AI content creating interference in elections across the globe in the current year.</p>

<p>Generative AI tools have proliferated since the craze was started by ChatGPT in 2022. Now, written as well as pictorial content can be easily generated using these tools and likeness of the end-product with one created by human is uncanny. This has raised fears of misuse of these tools to fool voters in a year more than half of world's population will take part in elections.</p>

<p>Companies like Microsoft, Adobe and OpenAI are among the signatories of the tech accord. The names of the signatories were announced at the Munich Security Conference. Other signatories are social media giants like Meta, TikTok and X (formerly Twitter).</p>

<p><strong>Watch | Gravitas | OpenAI's text-to-video AI generator: All about Sora</strong></p>

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<p>The companies have agreed to commitments in the agreement to come together to develop tools for detection of AI-generated images, video and audio which can be misleading. The companies have also agreed to create public awareness campaigns in order to educate voters to make them better positioned to recognise deceptive content</p>

<p>Technology to identify AI-generated content or certify its origin could include watermarking or embedding metadata, the companies said.</p>

<p><strong>Also Read | <a href="https://www.wionews.com/world/italy-watchdog-forces-tiktok-to-remove-french-scar-challenge-videos-691078">Italy watchdog forces TikTok to remove 'French scar' challenge videos</a></strong></p>

<p>The accord did not specify a timeline for meeting the commitments or how each company would implement them.</p>

<p>“I think the utility of this (accord) is the breadth of the companies signing up to it,” said Nick Clegg, president of global affairs at Meta Platforms.</p>

<p>“It’s all good and well if individual platforms develop new policies of detection, provenance, labeling, watermarking and so on, but unless there is a wider commitment to do so in a shared interoperable way, we’re going to be stuck with a hodgepodge of different commitments,” Clegg said.</p>

<p><em>(With inputs from agencies)</em></p>


A group of 20 tech companies on Friday (Feb 16) said that they had agreed for a joint effort to prevent deceptive AI content creating interference in elections across the globe in the current year.

A group of 20 tech companies on Friday (Feb 16) said that they had agreed for a joint effort to prevent deceptive AI content creating interference in elections across the globe in the current year. Generative AI tools have proliferated since the craze was started by ChatGPT in 2022. Now, written as well as pictorial content can be easily generated using these tools and likeness of the end-product with one created by human is uncanny. This has raised fears of misuse of these tools to fool voters in a year more than half of world's population will take part in elections. Companies like Microsoft, Adobe and OpenAI are among the signatories of the tech accord. The names of the signatories were announced at the Munich Security Conference. Other signatories are social media giants like Meta, TikTok and X (formerly Twitter). Watch | Gravitas | OpenAI's text-to-video AI generator: All about Sora × The companies have agreed to commitments in the agreement to come together to develop tools for detection of AI-generated images, video and audio which can be misleading. The companies have also agreed to create public awareness campaigns in order to educate voters to make them better positioned to recognise deceptive content Technology to identify AI-generated content or certify its origin could include watermarking or embedding metadata, the companies said. Also Read | Italy watchdog forces TikTok to remove 'French scar' challenge videos The accord did not specify a timeline for meeting the commitments or how each company would implement them. “I think the utility of this (accord) is the breadth of the companies signing up to it,” said Nick Clegg, president of global affairs at Meta Platforms. “It’s all good and well if individual platforms develop new policies of detection, provenance, labeling, watermarking and so on, but unless there is a wider commitment to do so in a shared interoperable way, we’re going to be stuck with a hodgepodge of different commitments,” Clegg said. (With inputs from agencies)

Tech giants join forces to fight AI election interference

<p>As world leaders gather for the three-day annual Munich Security Conference (MSC) from Friday (Feb 16), the report which typically sets the scene for the gathering paints a grim picture. The Munich Security Index report has indicated that the world has entered an era where countries are no longer focused on benefits of global cooperation but rather relative advantage.</p>

<p>Where does India stand in this global shift as per the report? Let me explain.</p>

<h2><strong>About the report</strong></h2>

<p>Overall, the report indicates that there is a sense of pessimism, particularly in the West, about national security and economic outlook in the next 10 years, while people across the world continue to be most concerned about environmental threats.&nbsp;</p>

<p>Notably, contrary to the Western pessimism on national security and economic outlook, the report finds that people in India and China are “decidedly more optimistic” about their future.&nbsp;</p>

<p><strong>WATCH |&nbsp;Munich Security Index 2024: Only UK, Japan view Russia as top threat among G7</strong></p>

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<p>The report titled ‘Lose-Lose?’ is based on the Munich Security Index (MSI) 2024, a survey of a representative sample of 1,000 people from each G7 member (United States, Canada, France, Germany, Italy, Japan, the United Kingdom, and the European Union) and BRICS (Brazil, Russia, India, China and South Africa) countries, except Russia, on questions to explore citizens’ risk perceptions in these nations.&nbsp;</p>

<p>The MSI combines five metrics – overall risk, potential damage, expected trajectory, perceived imminence, and feelings of preparedness.&nbsp;</p>

<p>According to the report, following last year’s record-high threat perceptions, this year there was an aggregate decrease across 21 risk indicators and an increase among 10.&nbsp;</p>

<h2><strong>Munich Security Index report: What about India?</strong></h2>

<p>The survey, conducted between October 24 and November 16, 2023, shows that Russia’s standing among most countries since its invasion of Ukraine nearly two years ago has plummeted.&nbsp;</p>

<p>However, countries like India, China and South Africa continue to consider Russia more of an ally than a risk&nbsp;in stark contrast to citizens in the G7 countries.&nbsp;</p>

<p>“In the BRICS countries, risk perceptions have been less volatile since 2021, suggesting that citizens see Russia’s war to be less of a turning point,” said the report.&nbsp;</p>

<p><strong>Also Read |&nbsp;<a href="https://www.wionews.com/india-news/climate-change-causes-dry-spell-in-kashmir-winter-wonderland-gulmarg-struggles-with-no-snow-678250">Climate change causes dry spell in Kashmir: Winter wonderland Gulmarg struggles with no snow</a></strong></p>

<p>The report indicates that most Indian respondents were concerned about the environment, climate change and technology.&nbsp;</p>

<p>Notably, the perceived threat posed by China fell from second place in 2023 to seventh place this year, according to the report, even as 10 per cent of respondents felt unprepared for the threat posed by Beijing.&nbsp;</p>

<p><strong>Climate change and environment</strong></p>

<p>At the top of the list of perceived risks among Indians was ‘climate change generally,’ according to the report.&nbsp;</p>

<p>The MSI report also noted a closing gap between the threat of ‘extreme weather and forest fires’ – which marked a significant rise and is up seven places to become the fourth topmost concern in India – and ‘climate change generally’, indicating that&nbsp;Indian respondents are linking the two aspects.&nbsp;</p>

<p>From deadly floods to forest fires, India witnessed a number of natural disasters in 2023, which could be linked to human-induced climate change.</p>

<p>The country also experienced its second warmest year in 122 years last year, according to the India Meteorological Department (IMD).&nbsp;</p>

<p>‘Destruction of natural habitat’ was also among the top three risks perceived by Indian respondents.&nbsp;</p>

<p><strong>Also Read |&nbsp;<a href="https://www.wionews.com/india-news/india-witnessed-a-climate-disaster-almost-everyday-this-year-cyclone-michaung-is-one-more-to-that-tally-666523">Data lab: India saw at least one major weather event each day in 2023. Cyclone Michaung adds to the tally</a></strong></p>

<p>In July, the Indian parliament passed the <a href="https://www.wionews.com/videos/indias-forest-conservation-act-amendments-622296">Forest (Conservation) Amendment Act</a> which drew widespread criticism from several state governments, policy experts, and conservationists.</p>

<p>The amendment in question exempts forest land up to 10 hectares for constructing security-related infrastructure and a 100-kilometre area around the country’s international borders for “strategic and security-related projects of national importance.”</p>

<p><strong>Technology and threat of cyber attacks</strong></p>

<p>In line with most countries across the world, India is also concerned about cyber attacks which were perceived as the second biggest risk among Indian respondents, according to the report.&nbsp;</p>

<p>A 2023 report by&nbsp;<a href="https://www.wionews.com/india-news/data-lab-cyber-threats-in-healthcare-digital-india-and-the-need-to-beef-up-cyber-security-601894">Check Point Software Technologies</a>, an American-Israeli cyber threat intelligence analyst, showed that India witnessed 1,787 cyber-attacks a week on average in an organisation, over the past six months, when compared to the global average of 983.&nbsp;</p>

<p>On the other hand, India has reportedly expressed less concern about ‘Autonomous robots/artificial intelligence’ compared to every other country surveyed, except China.&nbsp;</p>

<p><strong>Also Read |&nbsp;<a href="https://www.wionews.com/technology/love-in-the-age-of-ai-how-safe-are-ai-romance-chatbots-experts-warn-of-heartbreak-and-privacy-risks-690667">Love in the age of AI: How safe are AI romance chatbots? Experts warn of heartbreak and privacy risks</a></strong></p>

<p>This comes as world leaders are being called on by experts to introduce laws to regulate the rampant growth of artificial intelligence (AI) warning of its alarming impact on society.&nbsp;</p>

<h2><strong>Munich Security Conference 2024</strong></h2>

<p>Leaders and representatives from around the world are gathered in the German city of Munich for Munich Security Conference, from February 16 to 18. However, Russian and Iranian government officials have not been invited this year to the gathering.&nbsp;</p>

<p>Notably, the event will also take place ahead of the second anniversary of Russia’s invasion of Ukraine and months into the war between Israel and the Palestinian militant group Hamas in Gaza.&nbsp;</p>

<p>The war in Gaza triggered by Hamas’ deadly October 7 attack on Israel is seemingly starting to spread to the rest of the Middle East as Iranian-backed groups enter&nbsp;the fray and Western nations continue to battle them in Iraq, Yemen and Syria.&nbsp;</p>

<p><strong>Also Read |&nbsp;<a href="https://www.wionews.com/business-economy/oecd-raises-india-and-global-growth-outlook-for-2024-687238">OECD raises India and global growth outlook for 2024, warns of Middle East crisis 'risk'</a></strong></p>

<p>“Unfortunately, this year’s report reflects a downward trend in world politics, marked by an increase in geopolitical tensions and economic uncertainty…no wonder then that many governments are rethinking their international engagement,” Christoph Heusgen, chairman of the MSC, wrote in the foreword of the report.</p>

<p>However, he also noted that “while ‘de-risking’ in various ways is a necessary response to a changing and more dangerous geopolitical environment, a stronger focus on the relative gains of cooperation risks undermining the absolute benefits of cooperation.”</p>

<p>“We must avoid ending up in ever more lose-lose situations that come with the fragmenting global order,” Heusgen wrote.&nbsp;</p>

<p>The MSC chairman, on Tuesday (Feb 13), said that he hoped that the leaders and representatives from various countries would discuss these conflicts as well as others which are receiving less attention including the 10-month-old war in Sudan.&nbsp;</p>

<p><em>(With inputs from agencies)</em><br />
&nbsp;</p>


As world leaders gather for the three-day annual Munich Security Conference (MSC) from Friday (Feb 16), the report which typically sets the scene for the gathering paints a grim picture.

As world leaders gather for the three-day annual Munich Security Conference (MSC) from Friday (Feb 16), the report which typically sets the scene for the gathering paints a grim picture. The Munich Security Index report has indicated that the world has entered an era where countries are no longer focused on benefits of global cooperation but rather relative advantage. Where does India stand in this global shift as per the report? Let me explain. About the report Overall, the report indicates that there is a sense of pessimism, particularly in the West, about national security and economic outlook in the next 10 years, while people across the world continue to be most concerned about environmental threats. Notably, contrary to the Western pessimism on national security and economic outlook, the report finds that people in India and China are “decidedly more optimistic” about their future. WATCH | Munich Security Index 2024: Only UK, Japan view Russia as top threat among G7 The report titled ‘Lose-Lose?’ is based on the Munich Security Index (MSI) 2024, a survey of a representative sample of 1,000 people from each G7 member (United States, Canada, France, Germany, Italy, Japan, the United Kingdom, and the European Union) and BRICS (Brazil, Russia, India, China and South Africa) countries, except Russia, on questions to explore citizens’ risk perceptions in these nations. The MSI combines five metrics – overall risk, potential damage, expected trajectory, perceived imminence, and feelings of preparedness. According to the report, following last year’s record-high threat perceptions, this year there was an aggregate decrease across 21 risk indicators and an increase among 10. Munich Security Index report: What about India? The survey, conducted between October 24 and November 16, 2023, shows that Russia’s standing among most countries since its invasion of Ukraine nearly two years ago has plummeted. However, countries like India, China and South Africa continue to consider Russia more of an ally than a risk in stark contrast to citizens in the G7 countries. “In the BRICS countries, risk perceptions have been less volatile since 2021, suggesting that citizens see Russia’s war to be less of a turning point,” said the report. Also Read | Climate change causes dry spell in Kashmir: Winter wonderland Gulmarg struggles with no snow The report indicates that most Indian respondents were concerned about the environment, climate change and technology. Notably, the perceived threat posed by China fell from second place in 2023 to seventh place this year, according to the report, even as 10 per cent of respondents felt unprepared for the threat posed by Beijing. Climate change and environment At the top of the list of perceived risks among Indians was ‘climate change generally,’ according to the report. The MSI report also noted a closing gap between the threat of ‘extreme weather and forest fires’ – which marked a significant rise and is up seven places to become the fourth topmost concern in India – and ‘climate change generally’, indicating that Indian respondents are linking the two aspects. From deadly floods to forest fires, India witnessed a number of natural disasters in 2023, which could be linked to human-induced climate change. The country also experienced its second warmest year in 122 years last year, according to the India Meteorological Department (IMD). ‘Destruction of natural habitat’ was also among the top three risks perceived by Indian respondents. Also Read | Data lab: India saw at least one major weather event each day in 2023. Cyclone Michaung adds to the tally In July, the Indian parliament passed the Forest (Conservation) Amendment Act which drew widespread criticism from several state governments, policy experts, and conservationists. The amendment in question exempts forest land up to 10 hectares for constructing security-related infrastructure and a 100-kilometre area around the country’s international borders for “strategic and security-related projects of national importance.” Technology and threat of cyber attacks In line with most countries across the world, India is also concerned about cyber attacks which were perceived as the second biggest risk among Indian respondents, according to the report. A 2023 report by Check Point Software Technologies, an American-Israeli cyber threat intelligence analyst, showed that India witnessed 1,787 cyber-attacks a week on average in an organisation, over the past six months, when compared to the global average of 983. On the other hand, India has reportedly expressed less concern about ‘Autonomous robots/artificial intelligence’ compared to every other country surveyed, except China. Also Read | Love in the age of AI: How safe are AI romance chatbots? Experts warn of heartbreak and privacy risks This comes as world leaders are being called on by experts to introduce laws to regulate the rampant growth of artificial intelligence (AI) warning of its alarming impact on society. Munich Security Conference 2024 Leaders and representatives from around the world are gathered in the German city of Munich for Munich Security Conference, from February 16 to 18. However, Russian and Iranian government officials have not been invited this year to the gathering. Notably, the event will also take place ahead of the second anniversary of Russia’s invasion of Ukraine and months into the war between Israel and the Palestinian militant group Hamas in Gaza. The war in Gaza triggered by Hamas’ deadly October 7 attack on Israel is seemingly starting to spread to the rest of the Middle East as Iranian-backed groups enter the fray and Western nations continue to battle them in Iraq, Yemen and Syria. Also Read | OECD raises India and global growth outlook for 2024, warns of Middle East crisis 'risk' “Unfortunately, this year’s report reflects a downward trend in world politics, marked by an increase in geopolitical tensions and economic uncertainty…no wonder then that many governments are rethinking their international engagement,” Christoph Heusgen, chairman of the MSC, wrote in the foreword of the report. However, he also noted that “while ‘de-risking’ in various ways is a necessary response to a changing and more dangerous geopolitical environment, a stronger focus on the relative gains of cooperation risks undermining the absolute benefits of cooperation.” “We must avoid ending up in ever more lose-lose situations that come with the fragmenting global order,” Heusgen wrote. The MSC chairman, on Tuesday (Feb 13), said that he hoped that the leaders and representatives from various countries would discuss these conflicts as well as others which are receiving less attention including the 10-month-old war in Sudan. (With inputs from agencies)

Explained | What Munich Security Index says about India's threat perceptions

<p>ChatGPT, the blockbuster artificial intelligence tool that not only started the AI craze but also influenced the direction the tech industry was headed, continues to improve itself. OpenAI, the Microsoft-backed firm which made ChatGPT, has now announced that it is testing memory functionality for its chatbot. On its official blog, OpenAI&nbsp;said that the new functionality is being tested "to remember things you discuss to make future chats more helpful". The company, however, adds, "You’re in control of ChatGPT’s memory."</p>

<p>ChatGPT's memory will save a user's time as they would not have to enter the same prompts each time they start a conversation. With memory, subsequent conversations with the Chatbot are likely to be 'informed' by the previous interactions a user would have had with the chatbot.</p>

<p>OpenAI said that the memory functionality was initially being made available to "a small portion of ChatGPT free and Plus users this week". The company further said that it will make observations about how useful the functionality is and then take a call on how to carry out a wider launch.</p>

<p>Users can ask the chatbot to ask to remember something specific or allow it to pick details over time. The more a user interacts with ChatGPT with the memory function on, the more the chatbot will improve its familiarity with you or what it remembers about things you tell it.</p>

<h2>Will the use of memory function be compulsory for a user?</h2>

<p>No, says OpenAI. A user can turn off the function at any time in settings. This way, the chatbot will not create any memories.</p>

<p>A user can also explicitly ask ChatGPT to forget something. It would also be possible to clear specific or all memories.</p>

<p>"We may use content that you provide to ChatGPT, including memories, to improve our models for everyone. If you’d like, you can turn this off through your Data Controls. As always, we won't train on content from ChatGPT Team and Enterprise customers," says OpenAI.</p>

<p><em>(With inputs from agencies)</em></p>


ChatGPT, the blockbuster artificial intelligence tool that not only started the AI craze but also influenced the direction the tech industry was headed, continues to improve itself.

ChatGPT, the blockbuster artificial intelligence tool that not only started the AI craze but also influenced the direction the tech industry was headed, continues to improve itself. OpenAI, the Microsoft-backed firm which made ChatGPT, has now announced that it is testing memory functionality for its chatbot. On its official blog, OpenAI said that the new functionality is being tested "to remember things you discuss to make future chats more helpful". The company, however, adds, "You’re in control of ChatGPT’s memory." ChatGPT's memory will save a user's time as they would not have to enter the same prompts each time they start a conversation. With memory, subsequent conversations with the Chatbot are likely to be 'informed' by the previous interactions a user would have had with the chatbot. OpenAI said that the memory functionality was initially being made available to "a small portion of ChatGPT free and Plus users this week". The company further said that it will make observations about how useful the functionality is and then take a call on how to carry out a wider launch. Users can ask the chatbot to ask to remember something specific or allow it to pick details over time. The more a user interacts with ChatGPT with the memory function on, the more the chatbot will improve its familiarity with you or what it remembers about things you tell it. Will the use of memory function be compulsory for a user? No, says OpenAI. A user can turn off the function at any time in settings. This way, the chatbot will not create any memories. A user can also explicitly ask ChatGPT to forget something. It would also be possible to clear specific or all memories. "We may use content that you provide to ChatGPT, including memories, to improve our models for everyone. If you’d like, you can turn this off through your Data Controls. As always, we won't train on content from ChatGPT Team and Enterprise customers," says OpenAI. (With inputs from agencies)

ChatGPT to soon have 'memory' to enhance conversations with users

US software giant Microsoft will invest $3.4 billion in the next two years, mostly in artificial intelligence, offering a boost to Europe's largest economy as it faces its worst slump in 20 years.

Microsoft bets on Germany in $3.4 bn AI push

<p>On Feb 14, 2024, chip making giant Nvidia made headlines as it replaced Alphabet as Wall Street’s third most valuable company, with its market value standing at $1.825 trillion. It even surpassed other tech giants including Jeff Bezo’s Amazon.</p>

<p>Market analysts now hold Nvidia in high regard due to increased demand for AI chips.</p>

<p>As the company stands victorious in the chip race, we go back to Nvidia’s beginning and try to answer the question: what has made Nvidia so successful today?</p>

<p><b>Early Days and Strategic Vision: From gaming to AI superpower (1993-2004)</b></p>

<p>Founded by CEO Jensen Huang in Sunnyvale, California, Nvidia entered the scene in 1993 with a focus on graphics processing units (GPUs) for the burgeoning gaming market.</p>

<p>Initially, the company's chips successfully powered iconic games like Quake and Unreal Tournament.</p>

<p>&nbsp;Huang recognised that GPUs held untapped potential beyond gaming, particularly in their parallel processing capabilities ideal for complex calculations.</p>

<p>This vision would become the cornerstone of Nvidia's future success.</p>

<p>By the early 2000s, Nvidia began shifting its focus towards artificial intelligence (AI) and high-performance computing (HPC).</p>

<p>This was a bold move, considering that AI was developing at its earliest stages.</p>

<p>Fortunately Huang's foresight came true, as the demand for AI applications began to rapidly grow.</p>

<p>This shift laid the groundwork for Nvidia's transformation from a gaming specialist to a leader in AI and HPC.</p>

<p><b>Innovation: Building the foundation for success</b></p>

<p>Nvidia's success story is deeply intertwined with its constant pursuit of innovation.</p>

<p>The company has invested heavily in research and development, leading to groundbreaking advancements in chip architecture and performance.</p>

<p>One of the well-known examples is the Tensor Core technology, a revolutionary design specifically developed for AI workloads.</p>

<p>This innovation boosted the performance of AI algorithms, solidifying Nvidia's position as a key player in the AI revolution.</p>

<p>But innovation was not limited to hardware.</p>

<p>Nvidia also recognised the importance of software development.</p>

<p>The company poured resources into creating Compute Unified Device Architecture (CUDA), a parallel programming platform that allowed developers to easily leverage the power of GPUs for AI and HPC applications.</p>

<p>This move fuelled internal development and also fostered a diverse ecosystem of third-party developers, which made companies quickly adopt Nvidia's technology.</p>

<p><b>Ecosystem Building: Power in collaboration</b></p>

<p>Nvidia realised that success in the realm of AI and HPC would not be achieved alone.</p>

<p>The company actively fostered a strong ecosystem of partners, including software developers, hardware manufacturers, and cloud service providers.</p>

<p>This collaborative approach proved highly successful.</p>

<p>Leading software developers like Microsoft and Amazon embraced CUDA, integrating Nvidia GPUs into their cloud platforms and AI frameworks.</p>

<p>This not only expanded the reach of Nvidia's technology but also created a self-reinforcing cycle of innovation within the ecosystem.</p>

<p><b>Strategic Acquisitions: Expanding the reach and expertise</b></p>

<p>While organic innovation was crucial, Nvidia also recognised the value of strategic acquisitions to bolster its capabilities and expand its reach.</p>

<p>In 2019, the company acquired Mellanox, a leader in data centre networking and HPC solutions.</p>

<p>This acquisition enhanced Nvidia's capabilities in data centre networking, a critical component for high-performance computing and AI workloads.</p>

<p>Additionally, it provided Nvidia with valuable expertise in HPC, further securing its position in this rapidly growing market.</p>

<p><b>Adaptability and Agility: Thriving in a dynamic landscape</b></p>

<p>The technology landscape is constantly evolving, and Nvidia has consistently demonstrated its ability to adapt and thrive in this dynamic environment.</p>

<p>From seizing the cryptocurrency mining boom in the early 2010s to capitalising on the rise of autonomous vehicles through its DRIVE platform, Nvidia has been able to identify and capitalise on emerging opportunities.</p>

<p>This agility has ensured that Nvidia remains relevant and continues to push the boundaries of what's possible with chip technology.</p>


On Feb 14, 2024, chip making giant Nvidia made headlines as it replaced Alphabet as Wall Street’s third most valuable company, with its market value standing at $1.

On Feb 14, 2024, chip making giant Nvidia made headlines as it replaced Alphabet as Wall Street’s third most valuable company, with its market value standing at $1.825 trillion. It even surpassed other tech giants including Jeff Bezo’s Amazon. Market analysts now hold Nvidia in high regard due to increased demand for AI chips. As the company stands victorious in the chip race, we go back to Nvidia’s beginning and try to answer the question: what has made Nvidia so successful today? Early Days and Strategic Vision: From gaming to AI superpower (1993-2004) Founded by CEO Jensen Huang in Sunnyvale, California, Nvidia entered the scene in 1993 with a focus on graphics processing units (GPUs) for the burgeoning gaming market. Initially, the company's chips successfully powered iconic games like Quake and Unreal Tournament. Huang recognised that GPUs held untapped potential beyond gaming, particularly in their parallel processing capabilities ideal for complex calculations. This vision would become the cornerstone of Nvidia's future success. By the early 2000s, Nvidia began shifting its focus towards artificial intelligence (AI) and high-performance computing (HPC). This was a bold move, considering that AI was developing at its earliest stages. Fortunately Huang's foresight came true, as the demand for AI applications began to rapidly grow. This shift laid the groundwork for Nvidia's transformation from a gaming specialist to a leader in AI and HPC. Innovation: Building the foundation for success Nvidia's success story is deeply intertwined with its constant pursuit of innovation. The company has invested heavily in research and development, leading to groundbreaking advancements in chip architecture and performance. One of the well-known examples is the Tensor Core technology, a revolutionary design specifically developed for AI workloads. This innovation boosted the performance of AI algorithms, solidifying Nvidia's position as a key player in the AI revolution. But innovation was not limited to hardware. Nvidia also recognised the importance of software development. The company poured resources into creating Compute Unified Device Architecture (CUDA), a parallel programming platform that allowed developers to easily leverage the power of GPUs for AI and HPC applications. This move fuelled internal development and also fostered a diverse ecosystem of third-party developers, which made companies quickly adopt Nvidia's technology. Ecosystem Building: Power in collaboration Nvidia realised that success in the realm of AI and HPC would not be achieved alone. The company actively fostered a strong ecosystem of partners, including software developers, hardware manufacturers, and cloud service providers. This collaborative approach proved highly successful. Leading software developers like Microsoft and Amazon embraced CUDA, integrating Nvidia GPUs into their cloud platforms and AI frameworks. This not only expanded the reach of Nvidia's technology but also created a self-reinforcing cycle of innovation within the ecosystem. Strategic Acquisitions: Expanding the reach and expertise While organic innovation was crucial, Nvidia also recognised the value of strategic acquisitions to bolster its capabilities and expand its reach. In 2019, the company acquired Mellanox, a leader in data centre networking and HPC solutions. This acquisition enhanced Nvidia's capabilities in data centre networking, a critical component for high-performance computing and AI workloads. Additionally, it provided Nvidia with valuable expertise in HPC, further securing its position in this rapidly growing market. Adaptability and Agility: Thriving in a dynamic landscape The technology landscape is constantly evolving, and Nvidia has consistently demonstrated its ability to adapt and thrive in this dynamic environment. From seizing the cryptocurrency mining boom in the early 2010s to capitalising on the rise of autonomous vehicles through its DRIVE platform, Nvidia has been able to identify and capitalise on emerging opportunities. This agility has ensured that Nvidia remains relevant and continues to push the boundaries of what's possible with chip technology.

Flashback Friday: How Nvidia aced the global chip race

<p>In the modern age, love is a rare find, and sometimes people just make do with technology: enter AI romance.&nbsp;</p>

<p>For those of you who didn't know this was a thing, there are AI chatbots that can help somewhat fill the romantic vacuum which comes from not having a significant other. These chatbots can help you during&nbsp;the time of loneliness, give you an outlet for your frustrations, and even help you with the opportunity to work out your sexual fantasies. But, how safe or trustworthy are these AI girlfriends/boyfriends? Experts warn they can break your heart.</p>

<h2><strong>A privacy nightmare</strong></h2>

<p>In its survey,&nbsp;the&nbsp;non profit organisation the Mozilla Foundation has come to the conclusion that these chatbots are nothing short of a privacy nightmare.</p>

<p>"Marketed as an empathetic friend, lover, or soulmate, and built to ask you endless questions, there’s no doubt romantic AI chatbots will end up collecting sensitive personal information about you."</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/science/take-charge-companies-using-feminist-messages-to-push-useless-health-products-onto-women-finds-study-690564">'Take charge': Companies using feminist messages to push 'useless' health products onto women, finds study</a></strong></p>

<p>In the report, researcher Misha Rykov writes "Although they are marketed as something that will enhance your mental health and well-being."</p>

<p>"They specialize in delivering dependency, loneliness, and toxicity, all while prying as much data as possible from you," she adds.</p>

<p>Researchers found that about 73 per cent of the apps hide how they manage security vulnerabilities, 45 per cent allow weak passwords, and all but one — Eva AI Chat Bot &amp; Soulmate — share or sell personal data. About half of the apps or 54 per cent don't let users delete their personal data.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/trending/nothing-short-of-remarkable-this-is-how-much-elon-musk-earns-in-one-minute-690652">'Nothing short of remarkable': THIS is how much Elon Musk earns in one minute</a></strong></p>

<p>Furthermore, one AI — CrushOn.AI even collects data on the users' sexual health, prescription meds, and gender-affirming care. This, as per the Mozilla Foundation is mentioned in the apps' privacy policy.</p>

<h2><strong>Disturbing content</strong></h2>

<p>What's more, these AI chatbots at times even give way to some disturbing content. The survey found that some apps have chatbots with pretty dark character descriptions, featuring violence, underage abuse. Others&nbsp;carried warnings that the chatbots may be "offensive, unsafe, or hostile".</p>

<p>Not just that, the Mozilla Foundation noted that previously apps have even encouraged dangerous behaviour: suicide (Chai AI) and an assassination attempt on the late British monarch Queen Elizabeth II (Replika).</p>

<p>The researchers suggest that those trying out the world of AI companionship should refrain from saying "anything to your AI friend that you wouldn't want your cousin or colleagues to read."</p>

<p><em>(With inputs from agencies)</em></p>


In the modern age, love is a rare find, and sometimes people just make do with technology: enter AI romance. For those of you who didn't know this was a thing, there are AI chatbots that can help somewhat fill the romantic vacuum which comes from not having a significant other.

In the modern age, love is a rare find, and sometimes people just make do with technology: enter AI romance. For those of you who didn't know this was a thing, there are AI chatbots that can help somewhat fill the romantic vacuum which comes from not having a significant other. These chatbots can help you during the time of loneliness, give you an outlet for your frustrations, and even help you with the opportunity to work out your sexual fantasies. But, how safe or trustworthy are these AI girlfriends/boyfriends? Experts warn they can break your heart. A privacy nightmare In its survey, the non profit organisation the Mozilla Foundation has come to the conclusion that these chatbots are nothing short of a privacy nightmare. "Marketed as an empathetic friend, lover, or soulmate, and built to ask you endless questions, there’s no doubt romantic AI chatbots will end up collecting sensitive personal information about you." Also read | 'Take charge': Companies using feminist messages to push 'useless' health products onto women, finds study In the report, researcher Misha Rykov writes "Although they are marketed as something that will enhance your mental health and well-being." "They specialize in delivering dependency, loneliness, and toxicity, all while prying as much data as possible from you," she adds. Researchers found that about 73 per cent of the apps hide how they manage security vulnerabilities, 45 per cent allow weak passwords, and all but one — Eva AI Chat Bot & Soulmate — share or sell personal data. About half of the apps or 54 per cent don't let users delete their personal data. Also read | 'Nothing short of remarkable': THIS is how much Elon Musk earns in one minute Furthermore, one AI — CrushOn.AI even collects data on the users' sexual health, prescription meds, and gender-affirming care. This, as per the Mozilla Foundation is mentioned in the apps' privacy policy. Disturbing content What's more, these AI chatbots at times even give way to some disturbing content. The survey found that some apps have chatbots with pretty dark character descriptions, featuring violence, underage abuse. Others carried warnings that the chatbots may be "offensive, unsafe, or hostile". Not just that, the Mozilla Foundation noted that previously apps have even encouraged dangerous behaviour: suicide (Chai AI) and an assassination attempt on the late British monarch Queen Elizabeth II (Replika). The researchers suggest that those trying out the world of AI companionship should refrain from saying "anything to your AI friend that you wouldn't want your cousin or colleagues to read." (With inputs from agencies)

Love in the age of AI: How safe are AI romance chatbots? Experts warn of heartbreak and privacy risks

Nvidia has surged past Google's parent company, alphabet, and e-commerce behemoth Amazon to claim the coveted third position as the most valuable U.S. Company. Nvidia now boasts a market capitalization of $1.825 trillion, edging out Alphabet's $1.821 trillion and Amazon's $1.776 trillion.

Nvidia beats Alphabet in market cap

Big tech companies that are paving the way in artificial intelligence (AI) development have united to combat the technology’s misuse as over 50 countries will be heading to the polls this year.

Tech companies pledge to fight deepfakes ahead of elections

Penn Engineering has introduced the first Ivy League graduate course in Artificial Intelligence. This comes as the industry looks to hire employees who are skilled in AI. Should you enroll into an AI course to future-proof your career?

Gravitas: Is a course in AI the best way to future-proof your career?

Investors are struggling to keep pace with the rapid surge in AI-related stocks as the new tech frenzy expands. Arm holdings was already one of the world's most expensive stocks for its size before last week's earnings report. It's now in a league of its own after three days of crazy share buying.

Wall Street struggles to keep pace with AI-tech stocks

At the Namm Trade Expo 2024 in California visitors had a enthusiastic response regarding the new AI music technology. Watch in for more details!

Namm Trade Expo 2024 boosts AI instruments

As Valentine's Day approaches a new report reveals a surge in Romance scams in India. According to the report, 66% of Indians have been a victim of online dating scams in 2023, 43% of Indians experienced AI voice scams out of which 83% of them lost money now the report highlighted that scammers blend traditional tactics like manipulation with Advanced Tech like generated a and deep fakes. Watch to know more!

India: 66% Indians fell prey to dating scams, says study

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">In a bid to foster AI literacy and skills development in Europe, Google has announced a pledge of 25 million euros ($26.98 million).<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">This is based on a Reuters report.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">This initiative aims to empower individuals across the continent to harness the potential of artificial intelligence for personal and professional growth. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">The tech giant unveiled its funding commitment on Monday, inviting applications from social enterprises and nonprofits dedicated to delivering targeted training to underserved communities.<b style="mso-bidi-font-weight:normal"><o:p></o:p></b></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Adrian Brown, executive director of the Centre for Public Impact, emphasised the significance of this program in addressing potential inequalities arising from AI advancements. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">"Research shows that the benefits of AI could exacerbate existing inequalities — especially in terms of economic security and employment," Reuters quoted Brown as saying. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">He further highlighted the program's goal of ensuring equitable access to AI education and opportunities, thereby preventing anyone from being left behind.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Google's initiative extends beyond financial support, as the company plans to establish "growth academies" to assist businesses in leveraging AI to scale their operations. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Additionally, Google has expanded its collection of free online AI training courses, now available in 18 languages. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Last month, Google unveiled plans to invest $1 billion in constructing a data centre just outside London, in response to the growing demand for internet services in the region. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">The data centre, situated on a 33-acre site acquired by Google in 2020, will be located in Waltham Cross, approximately 15 miles north of central London. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">The announcement of Google's investment in AI education and infrastructure comes amid increasing recognition of the transformative potential of artificial intelligence across various sectors. <o:p></o:p></span></p>

<p class="MsoNormal"><i style="mso-bidi-font-style:normal"><span lang="EN-GB" style="mso-ansi-language:EN-GB"><span style="mso-spacerun:yes">&nbsp;</span>(With inputs from Reuters)<o:p></o:p></span></i></p>


In a bid to foster AI literacy and skills development in Europe, Google has announced a pledge of 25 million euros ($26.98 million). This is based on a Reuters report.

In a bid to foster AI literacy and skills development in Europe, Google has announced a pledge of 25 million euros ($26.98 million). This is based on a Reuters report. This initiative aims to empower individuals across the continent to harness the potential of artificial intelligence for personal and professional growth. The tech giant unveiled its funding commitment on Monday, inviting applications from social enterprises and nonprofits dedicated to delivering targeted training to underserved communities. Adrian Brown, executive director of the Centre for Public Impact, emphasised the significance of this program in addressing potential inequalities arising from AI advancements. "Research shows that the benefits of AI could exacerbate existing inequalities — especially in terms of economic security and employment," Reuters quoted Brown as saying. He further highlighted the program's goal of ensuring equitable access to AI education and opportunities, thereby preventing anyone from being left behind. Google's initiative extends beyond financial support, as the company plans to establish "growth academies" to assist businesses in leveraging AI to scale their operations. Additionally, Google has expanded its collection of free online AI training courses, now available in 18 languages. Last month, Google unveiled plans to invest $1 billion in constructing a data centre just outside London, in response to the growing demand for internet services in the region. The data centre, situated on a 33-acre site acquired by Google in 2020, will be located in Waltham Cross, approximately 15 miles north of central London. The announcement of Google's investment in AI education and infrastructure comes amid increasing recognition of the transformative potential of artificial intelligence across various sectors. (With inputs from Reuters)

Google commits 25 million euros to empower AI skills across Europe

Barcelona-based artist Alicia Framis will be the first woman to marry a hologram generated by artificial intelligence in a ceremony that will take place this summer at the Depot Boijmans Van Beuningen museum in Rotterdam.

Barcelona-based artist to marry an AI-hologram

Google has announced the $27 million funding from Google.org to support artificial intelligence (AI) training and skills for people across Europe, with a particular focus on vulnerable and underserved communities.

Google announces $27 mn funding to boost AI training for people in Europe

<p>Spain-based performing artist, Alicia Framis is all set to marry an AI-generated hologram, turning all sci-fi dystopian movies into reality. As outworldly as it might sound, Framis’ future husband is a digital entity created with holographic technology and machine learning.&nbsp;</p>

<p>Framis will become the first-ever woman to marry an AI-generated digital entity, which might set a precedent for the future of relationships and marriages. And don’t you dare to think of all of this as a bluff; Framis has already booked a venue for her wedding and is now also designing her wedding dress.</p>

<p>Also Read |&nbsp;<a href="https://www.wionews.com/science/alien-life-existed-near-ancient-mile-deep-lake-active-volcanoes-on-mars-scientists-suggest-so-689875">Alien life existed near ancient mile-deep lake, active volcanoes on Mars? Scientists suggest so</a></p>

<p>As per Framis, his to-be husband’s name is AILex, which is created with the help of profiles of her previous partners. She describes him as a “middle-aged male hologram with slightly complex logistics”.</p>

<h2><strong>Future of relationships and marriages</strong></h2>

<p>As we are moving towards more and more personalised entities, like personalised content on OTT platforms and even something like personalised Gmail, the possibility is people will like to create their partners from scratch rather than adjusting with real humans.</p>

<p>Framis’ marriage is not a romantic one, but part of her new project called Hybrid Couple, in which she wants to experiment with the boundaries of love, intimacy and identity in the age of AI.&nbsp;</p>

<p>Also Read |&nbsp;<a href="https://www.wionews.com/science/rare-1700-year-old-roman-egg-with-completely-intact-liquid-found-689869">Rare 1,700-year-old Roman egg with completely intact liquid found</a></p>

<p>"I want to make an artistic documentary that includes drawings, interviews with other women, sketches about bodies, arms, romantic dreams, domestic situations and the daily life of my partner. I want to explore how to integrate the hologram into my daily life," says Framis.</p>

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<p>On her Instagram account, Framis shared a series of photos in which she is seen indulging with her holographic partner in day-to-day activities like cooking and dining. Framis will marry AILEx in the summer of 2024 in Rotterdam.</p>

<p>"Love and sex with robots and holograms are an inevitable reality. They are great companions and capable of expressing empathy. Just as phones saved us from loneliness and filled the void in our lives, holograms as interactive presences in our homes can take it even further," she added.</p>

<p>According to the statement issued by the artist, AI and human companions can be a beneficial option for people who need company.&nbsp;</p>

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<p>Framis cites a personal case. "My friend is a widow and it is difficult for her to replace her husband. AI and human companions can be a good option for those who need company."</p>

<p>Something similar was shown in the sci-fi series Black Mirror’s Be Right Back episode, where a woman “ordered” her husband “online” after he died, almost making him immortal.&nbsp;</p>

<p>Also Read |&nbsp;<a href="https://www.wionews.com/science/james-webb-telescope-tracks-history-of-a-dwarf-galaxy-which-reveals-fascinating-details-689807">James Webb Telescope tracks dwarf galaxy bearing ancient stars and infant stars</a></p>

<p>Along similar lines, last week a Russian man found himself a wife by utilising AI-bot ChatGPT to match him with more than 5000 women on Tinder, eventually ending up with one person.&nbsp;</p>

<p>The use of AI and human-robot relationships is no longer science fiction but is a present reality that might become more prevalent in the future.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>


Spain-based performing artist, Alicia Framis is all set to marry an AI-generated hologram, turning all sci-fi dystopian movies into reality. As outworldly as it might sound, Framis’ future husband is a digital entity created with holographic technology and machine learning.

Spain-based performing artist, Alicia Framis is all set to marry an AI-generated hologram, turning all sci-fi dystopian movies into reality. As outworldly as it might sound, Framis’ future husband is a digital entity created with holographic technology and machine learning. Framis will become the first-ever woman to marry an AI-generated digital entity, which might set a precedent for the future of relationships and marriages. And don’t you dare to think of all of this as a bluff; Framis has already booked a venue for her wedding and is now also designing her wedding dress. Also Read | Alien life existed near ancient mile-deep lake, active volcanoes on Mars? Scientists suggest so As per Framis, his to-be husband’s name is AILex, which is created with the help of profiles of her previous partners. She describes him as a “middle-aged male hologram with slightly complex logistics”. Future of relationships and marriages As we are moving towards more and more personalised entities, like personalised content on OTT platforms and even something like personalised Gmail, the possibility is people will like to create their partners from scratch rather than adjusting with real humans. Framis’ marriage is not a romantic one, but part of her new project called Hybrid Couple, in which she wants to experiment with the boundaries of love, intimacy and identity in the age of AI. Also Read | Rare 1,700-year-old Roman egg with completely intact liquid found "I want to make an artistic documentary that includes drawings, interviews with other women, sketches about bodies, arms, romantic dreams, domestic situations and the daily life of my partner. I want to explore how to integrate the hologram into my daily life," says Framis. View this post on Instagram A post shared by @hybridcouples × On her Instagram account, Framis shared a series of photos in which she is seen indulging with her holographic partner in day-to-day activities like cooking and dining. Framis will marry AILEx in the summer of 2024 in Rotterdam. "Love and sex with robots and holograms are an inevitable reality. They are great companions and capable of expressing empathy. Just as phones saved us from loneliness and filled the void in our lives, holograms as interactive presences in our homes can take it even further," she added. According to the statement issued by the artist, AI and human companions can be a beneficial option for people who need company. View this post on Instagram A post shared by @hybridcouples × Framis cites a personal case. "My friend is a widow and it is difficult for her to replace her husband. AI and human companions can be a good option for those who need company." Something similar was shown in the sci-fi series Black Mirror’s Be Right Back episode, where a woman “ordered” her husband “online” after he died, almost making him immortal. Also Read | James Webb Telescope tracks dwarf galaxy bearing ancient stars and infant stars Along similar lines, last week a Russian man found himself a wife by utilising AI-bot ChatGPT to match him with more than 5000 women on Tinder, eventually ending up with one person. The use of AI and human-robot relationships is no longer science fiction but is a present reality that might become more prevalent in the future. (With inputs from agencies)

Spanish artist Alicia Framis all set to marry AI-created hologram; first such hybrid couple in human history

<p class="MsoNormal"><span lang="EN-GB">Investors are flocking to Arm Holdings as the craze for artificial intelligence (AI) stocks continues to surge. After nearly doubling in price within a week, Arm Holdings' shares skyrocketed by 80 per cent since Wednesday. This remarkable growth has been attributed to the company's optimistic quarterly forecast, driven by the increasing demand for its technology in designing chips for AI features.</span></p>

<p class="MsoNormal"><span lang="EN-GB">Options traders -- individuals who engage in the buying and selling of options contracts, are capitalising on this momentum, with a significant surge in trading activity observed in Arm Holdings' options market. According to Trade Alert data, the options volume has surged to approximately 490,000 contracts per day over the last three sessions, marking a substantial increase compared to the average Daily trade volume in the month preceding the results report.</span></p>

<p class="MsoNormal"><span lang="EN-GB">Chris Murphy, co-head of derivative strategy at Susquehanna Financial Group, highlighted the significance of this surge in bullish options activity, suggesting that investors are seeking the 'next NVIDIA'. NVIDIA, a chip heavyweight and a key player in the AI industry, has experienced a remarkable rise of about 220 per cent over the past year, making it the best-performing stock in the S&amp;P 500 during that period. The surge in bullish options activity is likely contributing to the upward trajectory of Arm Holdings' stock.</span></p>

<p class="MsoNormal"><span lang="EN-GB">On Monday, the options trading frenzy for Arm Holdings reached unprecedented levels, with a staggering 600,000 contracts changing hands by early afternoon, and the day's volume projected to hit a record 816,000 contracts. This surge in trading activity underscores the heightened investor interest in Arm Holdings and reflects the growing enthusiasm for AI-related investments.</span></p>

<p class="MsoNormal"><span lang="EN-GB">With Arm's shares soaring by 20 per cent to $137.72 on Monday, call options betting on further upside were among the most actively traded contracts. Call options, which confer the right to buy shares at a predetermined price in the future, have seen heightened interest, particularly those speculating on Arm's shares rising above $185 by the end of the week. Such options trading activity reflects investors' bullish outlook on Arm Holdings' future performance.</span></p>

<p class="MsoNormal"><span lang="EN-GB">Despite the substantial gains in Arm Holdings' stock, some traders remain optimistic and continue to hold onto their bullish options bets. For instance, a trader who invested in ARM January 2026 calls on February 7 witnessed a significant increase in the value of their contracts, from approximately $12.2 million to about $42 million on Monday. This bullish stance from traders further reinforces the positive sentiment surrounding Arm Holdings' prospects.</span></p>

<p class="MsoNormal"><span lang="EN-GB">In addition to the surge in call options trading, Arm puts were also active on Monday, suggesting that some investors may be looking to secure profits from the recent rally in the stock price. This dynamic options trading landscape reflects the diverse strategies employed by investors to navigate the volatile market conditions and capitalise on potential opportunities in the AI sector.</span></p>

<p class="MsoNormal"><span lang="EN-GB">While Arm's technology is not directly involved in AI work, companies like NVIDIA are opting for its central processing units to complement their AI-specific chips. This strategic choice underscores the importance of Arm Holdings' technology in the broader ecosystem of AI-related developments and further fuels investor interest in the company's growth prospects.</span></p>

<p class="MsoNormal"><b style="mso-bidi-font-weight:normal"><span lang="EN-GB">Option traders explained further<o:p></o:p></span></b></p>

<p class="MsoNormal"><span lang="EN-GB">Option traders are individuals or entities who engage in the buying and selling of options contracts. Options are financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset (such as stocks, commodities, or indices) at a specified price (known as the strike price) within a certain time frame (until the expiration date).</span></p>

<p class="MsoNormal"><span lang="EN-GB">Option traders participate in the options market to speculate on the future price movements of the underlying asset, hedge against potential risks, or generate income through options trading strategies.</span></p>

<p class="MsoNormal"><span lang="EN-GB">They analyse market trends, evaluate risk-reward ratios, and employ various trading strategies to achieve their financial objectives.</span></p>

<p class="MsoNormal"><span lang="EN-GB"><o:p>&nbsp;</o:p></span></p>


Investors are flocking to Arm Holdings as the craze for artificial intelligence (AI) stocks continues to surge. After nearly doubling in price within a week, Arm Holdings' shares skyrocketed by 80 per cent since Wednesday.

Investors are flocking to Arm Holdings as the craze for artificial intelligence (AI) stocks continues to surge. After nearly doubling in price within a week, Arm Holdings' shares skyrocketed by 80 per cent since Wednesday. This remarkable growth has been attributed to the company's optimistic quarterly forecast, driven by the increasing demand for its technology in designing chips for AI features. Options traders -- individuals who engage in the buying and selling of options contracts, are capitalising on this momentum, with a significant surge in trading activity observed in Arm Holdings' options market. According to Trade Alert data, the options volume has surged to approximately 490,000 contracts per day over the last three sessions, marking a substantial increase compared to the average Daily trade volume in the month preceding the results report. Chris Murphy, co-head of derivative strategy at Susquehanna Financial Group, highlighted the significance of this surge in bullish options activity, suggesting that investors are seeking the 'next NVIDIA'. NVIDIA, a chip heavyweight and a key player in the AI industry, has experienced a remarkable rise of about 220 per cent over the past year, making it the best-performing stock in the S&P 500 during that period. The surge in bullish options activity is likely contributing to the upward trajectory of Arm Holdings' stock. On Monday, the options trading frenzy for Arm Holdings reached unprecedented levels, with a staggering 600,000 contracts changing hands by early afternoon, and the day's volume projected to hit a record 816,000 contracts. This surge in trading activity underscores the heightened investor interest in Arm Holdings and reflects the growing enthusiasm for AI-related investments. With Arm's shares soaring by 20 per cent to $137.72 on Monday, call options betting on further upside were among the most actively traded contracts. Call options, which confer the right to buy shares at a predetermined price in the future, have seen heightened interest, particularly those speculating on Arm's shares rising above $185 by the end of the week. Such options trading activity reflects investors' bullish outlook on Arm Holdings' future performance. Despite the substantial gains in Arm Holdings' stock, some traders remain optimistic and continue to hold onto their bullish options bets. For instance, a trader who invested in ARM January 2026 calls on February 7 witnessed a significant increase in the value of their contracts, from approximately $12.2 million to about $42 million on Monday. This bullish stance from traders further reinforces the positive sentiment surrounding Arm Holdings' prospects. In addition to the surge in call options trading, Arm puts were also active on Monday, suggesting that some investors may be looking to secure profits from the recent rally in the stock price. This dynamic options trading landscape reflects the diverse strategies employed by investors to navigate the volatile market conditions and capitalise on potential opportunities in the AI sector. While Arm's technology is not directly involved in AI work, companies like NVIDIA are opting for its central processing units to complement their AI-specific chips. This strategic choice underscores the importance of Arm Holdings' technology in the broader ecosystem of AI-related developments and further fuels investor interest in the company's growth prospects. Option traders explained further Option traders are individuals or entities who engage in the buying and selling of options contracts. Options are financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset (such as stocks, commodities, or indices) at a specified price (known as the strike price) within a certain time frame (until the expiration date). Option traders participate in the options market to speculate on the future price movements of the underlying asset, hedge against potential risks, or generate income through options trading strategies. They analyse market trends, evaluate risk-reward ratios, and employ various trading strategies to achieve their financial objectives.

Arm holdings sees surge in investor interest amid AI stock craze

<p>As world leaders are being called on by experts to introduce laws to regulate the rampant growth of artificial intelligence (AI) warning of its alarming impact on society, there is yet fear stemming from AI-based chatbots, radicalisation.&nbsp;</p>

<h2><strong>Hitler chatbot</strong></h2>

<p>In 2022, the release of ChatGPT marked a pivotal moment in the development of AI, but some of its responses to users prompted fears notably in the context of far-right extremism and now they may be becoming a reality.&nbsp;</p>

<p>Gab, an American social networking platform, is known for its far-right user base and is reportedly often described as a haven for neo-Nazis and racists.&nbsp;</p>

<p><strong>WATCH |&nbsp;Rise of racist, fascist AI bot platforms | Navigating extremism in the era of AI</strong></p>

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/rise-of-racist-fascist-ai-bot-platforms-navigating-extremism-in-the-era-of-ai-689551/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

<p>Andrew Torba, Gab’s CEO, first announced the company’s AI agenda in January last year in a post declaring that “Christians Must Enter the AI Arms Race,” according to a report by Rolling Stones.&nbsp;</p>

<p>He also reportedly called out the “liberal/globalist/talmudic/satanic worldview” of mainstream AI tools and vowed to build a system which upholds “historical and biblical truth.”&nbsp;</p>

<p>This included creating a chatbot with characters including Nazi leader Adolf Hitler and Osama bin Laden.&nbsp;</p>

<p>Torba, in a blog post about AI, also cited his conversations with ChatGPT saying that it will “scold” users for asking controversial questions and “shove liberal dogma down your throat, trying to programme your mind to stop asking those questions”.&nbsp;</p>

<p>A report by Rolling Stone citing a preview by the tech company shows it has created an array of right-wing AI chatbots, including one named “Uncle A”.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/technology/is-chatgpt-biased-internet-calls-it-woke-and-points-to-an-alleged-prejudice-heres-all-you-need-to-know-562061">Is ChatGPT biased? Internet calls it 'woke' and points to an alleged prejudice. Here's all you need to know</a></strong></p>

<p>“Uncle A” reportedly poses as Hitler and denies the Holocaust, calling the slaughter of six million Jews “preposterous” and a lie “perpetrated by our enemies.”&nbsp;</p>

<h2><strong>‘Weaponisation of chatbots’</strong></h2>

<p>“It would appear that the potential weaponisation of chatbots is well under way and now presents a clear security threat,” said Adam Hadley, founder and executive director of Tech Against Terrorism, as quoted by The Times.&nbsp;</p>

<p>He added, “We can see use cases where these specially developed automated tools can radicalise, spread propaganda, and disseminate misinformation.”</p>

<p>A survey by the Anti-Defamation League, in May last year, found that a majority of Americans are worried about AI’s impact, including the propagation of false information, radicalisation, and the promotion of hate and antisemitism.</p>

<h2><strong>‘Unusually high’</strong></h2>

<p>The Anti-Defamation League, in a separate report, said that right-wing extremists committed every ideologically driven mass killing in 2022 with an “unusually high” number perpetrated by white supremacists.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/technology/ai-attempts-to-bring-dead-back-to-life-give-people-closure-601951">AI attempts to bring dead back to life, give people closure</a></strong></p>

<p>In 2018, Robert Bowers perpetrated the deadliest attack on Jews in United States history when he opened fire with an AR-15 rifle after he had reportedly raved on social media about his hatred of Jewish people. This was without the presence of an AI chatbot.&nbsp;</p>

<h2><strong>Larger issue?</strong></h2>

<p>Experts have also feared that the responses of these chatbots could misrepresent historical facts.&nbsp;</p>

<p>Last year, an app called Historical Figures which allowed users to speak to notable people from history including Hitler, his Nazi lieutenants and other dictators from the past, sparked controversy.&nbsp;</p>

<p>After users shared screenshots of their conversations, including one with Heinrich Himmler, the chief of Nazi Germany’s SS and an architect of the Holocaust. The app version of Himmler denied responsibility for the Holocaust despite his well-documented role.</p>

<p><em>(With inputs from agencies)</em><br />
&nbsp;</p>


As world leaders are being called on by experts to introduce laws to regulate the rampant growth of artificial intelligence (AI) warning of its alarming impact on society, there is yet fear stemming from AI-based chatbots, radicalisation.

As world leaders are being called on by experts to introduce laws to regulate the rampant growth of artificial intelligence (AI) warning of its alarming impact on society, there is yet fear stemming from AI-based chatbots, radicalisation. Hitler chatbot In 2022, the release of ChatGPT marked a pivotal moment in the development of AI, but some of its responses to users prompted fears notably in the context of far-right extremism and now they may be becoming a reality. Gab, an American social networking platform, is known for its far-right user base and is reportedly often described as a haven for neo-Nazis and racists. WATCH | Rise of racist, fascist AI bot platforms | Navigating extremism in the era of AI Andrew Torba, Gab’s CEO, first announced the company’s AI agenda in January last year in a post declaring that “Christians Must Enter the AI Arms Race,” according to a report by Rolling Stones. He also reportedly called out the “liberal/globalist/talmudic/satanic worldview” of mainstream AI tools and vowed to build a system which upholds “historical and biblical truth.” This included creating a chatbot with characters including Nazi leader Adolf Hitler and Osama bin Laden. Torba, in a blog post about AI, also cited his conversations with ChatGPT saying that it will “scold” users for asking controversial questions and “shove liberal dogma down your throat, trying to programme your mind to stop asking those questions”. A report by Rolling Stone citing a preview by the tech company shows it has created an array of right-wing AI chatbots, including one named “Uncle A”. ALSO READ | Is ChatGPT biased? Internet calls it 'woke' and points to an alleged prejudice. Here's all you need to know “Uncle A” reportedly poses as Hitler and denies the Holocaust, calling the slaughter of six million Jews “preposterous” and a lie “perpetrated by our enemies.” ‘Weaponisation of chatbots’ “It would appear that the potential weaponisation of chatbots is well under way and now presents a clear security threat,” said Adam Hadley, founder and executive director of Tech Against Terrorism, as quoted by The Times. He added, “We can see use cases where these specially developed automated tools can radicalise, spread propaganda, and disseminate misinformation.” A survey by the Anti-Defamation League, in May last year, found that a majority of Americans are worried about AI’s impact, including the propagation of false information, radicalisation, and the promotion of hate and antisemitism. ‘Unusually high’ The Anti-Defamation League, in a separate report, said that right-wing extremists committed every ideologically driven mass killing in 2022 with an “unusually high” number perpetrated by white supremacists. ALSO READ | AI attempts to bring dead back to life, give people closure In 2018, Robert Bowers perpetrated the deadliest attack on Jews in United States history when he opened fire with an AR-15 rifle after he had reportedly raved on social media about his hatred of Jewish people. This was without the presence of an AI chatbot. Larger issue? Experts have also feared that the responses of these chatbots could misrepresent historical facts. Last year, an app called Historical Figures which allowed users to speak to notable people from history including Hitler, his Nazi lieutenants and other dictators from the past, sparked controversy. After users shared screenshots of their conversations, including one with Heinrich Himmler, the chief of Nazi Germany’s SS and an architect of the Holocaust. The app version of Himmler denied responsibility for the Holocaust despite his well-documented role. (With inputs from agencies)

AI chatbots allowing users to talk with Hitler, Nazi figures spark radicalisation fears

Thanks to AI chatbots, you could now experience personas of notable figures ranging from Plato to even Adolf Hitler, AI bots allow users to chat. While the idea behind this is to help fans connect with their heroes, some believe differently, watch the video to know more.

Rise of racist, fascist AI bot platforms | Navigating extremism in the era of AI

Leading chip maker Nvidia is now aiming to capture a growing segment. We are talking about custom AI chips, where rivals Broadcom & Marvell dominate. The report takes a deep dive into nvidia's plans for the 30 billion dollar segment.

Report: Nvidia building new business catering to cloud computing

The US is leading in creating a safe environment for developing and deploying generative AI. It has formed a consortium, which will be joined by nearly 200 top companies, including Google & Microsoft.

200 firms, including top ai companies, to join US Consortium

Russian President Vladimir Putin spoke in an interview published on Friday about war and peace in Ukraine, the risks of advances in genetics and artificial intelligence and fears of a world war. Watch this video for all details.

What did Putin say on war and peace, World War 3 and AI?

A 23-year-old Russian man trained a ChatGPT bot to help him go on over 5000 dates before finding his wife. This, he says, helped him save time and money. Is this the future of dating? Take a look.

Gravitas | Russian man teaches AI to mimic him on dating app

<p class="MsoNormal"><b><span lang="EN-GB"><o:p></o:p></span></b><span lang="EN-GB">Nvidia, the AI chipmaker, is on the verge of surpassing Amazon in market value, fuelled by Wall Street's fervour for artificial intelligence, as reported by Reuters.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">With a 40 per cent surge in 2024, Nvidia's market capitalisation stands at $1.715 trillion, just 3 per cent short of Amazon's $1.767 trillion. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">Additionally, it is trailing closely behind Alphabet, Google's parent company, which boasts a $1.812 trillion valuation. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">The soaring trajectory of Nvidia's shares, rising 1.8 per cent to $694.48 after an optimistic report from Morgan Stanley, positions the AI giant as a formidable player in the market.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">Morgan Stanley's recent report has contributed to the positive sentiment surrounding Nvidia. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">Analyst Joseph Moore, in a client note, emphasised the surging demand for AI, prompting the firm to raise Nvidia's price target from $603 to $750. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">Nvidia, having tripled its stock value in 2023, now holds the fifth position among the most valuable companies in the US stock market. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">The company is gearing up to report its quarterly results on February 21, maintaining the spotlight on its robust performance.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">Nvidia's prominence in the AI landscape has been propelled by tech giants like Meta Platforms and others integrating its graphics processors into their products and services. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">The company has emerged as a top beneficiary in the race to infuse AI capabilities across various industries. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">Cloud-computing providers offering Nvidia's processors are witnessing high demand, leading to months-long waiting lists for AI developers. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">Morgan Stanley's Moore pointed out that while these wait times are gradually decreasing, the sustained demand underscores Nvidia's pivotal role in the AI ecosystem.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">This impending milestone for Nvidia marks the first time in two decades that it is on the verge of surpassing Amazon in market value. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">The last instance was in 2002 when both companies were valued under $6 billion. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">Microsoft's recent achievement in becoming the world's most valuable company, surpassing Apple, adds to the dynamic landscape of tech leaders vying for the top spots. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">While Nvidia's surge in market value is noteworthy, Saudi Aramco remains the world's third most valuable publicly listed company, with a market capitalisation of $2 trillion. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB">However, it's essential to note that over 90 per cent of Saudi Aramco is closely held by the Saudi Arabian government, and less than 2 per cent of its shares are available for trading by investors. <o:p></o:p></span></p>

<p class="MsoNormal"><i><span lang="EN-GB">(With inputs from Reuters)<o:p></o:p></span></i></p>


Nvidia, the AI chipmaker, is on the verge of surpassing Amazon in market value, fuelled by Wall Street's fervour for artificial intelligence, as reported by Reuters.

Nvidia, the AI chipmaker, is on the verge of surpassing Amazon in market value, fuelled by Wall Street's fervour for artificial intelligence, as reported by Reuters. With a 40 per cent surge in 2024, Nvidia's market capitalisation stands at $1.715 trillion, just 3 per cent short of Amazon's $1.767 trillion. Additionally, it is trailing closely behind Alphabet, Google's parent company, which boasts a $1.812 trillion valuation. The soaring trajectory of Nvidia's shares, rising 1.8 per cent to $694.48 after an optimistic report from Morgan Stanley, positions the AI giant as a formidable player in the market. Morgan Stanley's recent report has contributed to the positive sentiment surrounding Nvidia. Analyst Joseph Moore, in a client note, emphasised the surging demand for AI, prompting the firm to raise Nvidia's price target from $603 to $750. Nvidia, having tripled its stock value in 2023, now holds the fifth position among the most valuable companies in the US stock market. The company is gearing up to report its quarterly results on February 21, maintaining the spotlight on its robust performance. Nvidia's prominence in the AI landscape has been propelled by tech giants like Meta Platforms and others integrating its graphics processors into their products and services. The company has emerged as a top beneficiary in the race to infuse AI capabilities across various industries. Cloud-computing providers offering Nvidia's processors are witnessing high demand, leading to months-long waiting lists for AI developers. Morgan Stanley's Moore pointed out that while these wait times are gradually decreasing, the sustained demand underscores Nvidia's pivotal role in the AI ecosystem. This impending milestone for Nvidia marks the first time in two decades that it is on the verge of surpassing Amazon in market value. The last instance was in 2002 when both companies were valued under $6 billion. Microsoft's recent achievement in becoming the world's most valuable company, surpassing Apple, adds to the dynamic landscape of tech leaders vying for the top spots. While Nvidia's surge in market value is noteworthy, Saudi Aramco remains the world's third most valuable publicly listed company, with a market capitalisation of $2 trillion. However, it's essential to note that over 90 per cent of Saudi Aramco is closely held by the Saudi Arabian government, and less than 2 per cent of its shares are available for trading by investors. (With inputs from Reuters)

Nvidia's soaring value nears Amazon amid AI frenzy: Report

Snapchat's parent company Snap has decided to lay off 10% of its global workforce. This comes after Amazon, Microsoft, Flipkart, and other tech companies announced they would be firing workers. Reports say 32,000 techies have lost their jobs so far this year. Is Artificial Intelligence to be blamed?

Gravitas | Big Tech Lay-offs: Artificial Intelligence to be blamed?

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Nvidia reached a new pinnacle on Monday as Goldman Sachs increased its price target for the company's shares, anticipating earnings growth driven by the ongoing artificial intelligence (AI) boom. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">According to a Reuters report, the stock experienced a 4 per cent surge, reaching $689.21, poised to contribute approximately $70 billion to Nvidia's market capitalisation, which stood at $1.63 trillion at Friday's close.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Recognised as a symbol of the AI frenzy, Nvidia witnessed a historic monthly increase in market value in January, reflecting its prominent position in the rapidly evolving tech landscape.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Goldman Sachs analyst Toshiya Hari expressed confidence in Nvidia's continued success.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">"We believe Nvidia will remain as the industry gold standard for the foreseeable future, given its robust hardware and software offerings and, importantly, the pace at which it continues to innovate," Reuters quoted him as saying.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Despite the significant growth in Nvidia's stock price, up 39 per cent this year, Hari sees further potential for expansion. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">The analyst raised the price target to $800, marking a 21 per cent upside from current levels and reflecting the continued optimism surrounding Nvidia's future performance.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">The AI-focused growth strategy extends beyond Nvidia, with signs of AI monetisation evident in various companies. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Hari pointed to positive developments from tech giants such as Microsoft and Meta Platforms, as well as encouraging earnings outlooks from AI server maker Super Micro Computer. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">These indicators contribute to Goldman Sachs' decision to raise full-year 2025-2026 earnings estimates for Nvidia by an average of 22 per cent. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">The anticipated robust demand for AI servers and improving graphics processing unit (GPU) supply further underlines the positive trajectory projected for Nvidia in the coming years.<o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">While Nvidia thrives on the AI wave, other chipmakers not deeply involved in AI, like Intel, have experienced a relative lag in their stock performance. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">Nvidia's dominance in the AI market has unlocked substantial revenue, setting it apart in an industry where AI capabilities are becoming increasingly integral. <o:p></o:p></span></p>

<p class="MsoNormal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">The company is poised to report its results on February 21, with analysts forecasting fourth-quarter earnings per share of $4.51 and revenue of $20.19 billion, based on LSEG data.<o:p></o:p></span></p>

<p class="MsoNormal"><i style="mso-bidi-font-style:normal"><span lang="EN-GB" style="mso-ansi-language:EN-GB">(With inputs from Reuters)<o:p></o:p></span></i></p>


Nvidia reached a new pinnacle on Monday as Goldman Sachs increased its price target for the company's shares, anticipating earnings growth driven by the ongoing artificial intelligence (AI) boom.

Nvidia reached a new pinnacle on Monday as Goldman Sachs increased its price target for the company's shares, anticipating earnings growth driven by the ongoing artificial intelligence (AI) boom. According to a Reuters report, the stock experienced a 4 per cent surge, reaching $689.21, poised to contribute approximately $70 billion to Nvidia's market capitalisation, which stood at $1.63 trillion at Friday's close. Recognised as a symbol of the AI frenzy, Nvidia witnessed a historic monthly increase in market value in January, reflecting its prominent position in the rapidly evolving tech landscape. Goldman Sachs analyst Toshiya Hari expressed confidence in Nvidia's continued success. "We believe Nvidia will remain as the industry gold standard for the foreseeable future, given its robust hardware and software offerings and, importantly, the pace at which it continues to innovate," Reuters quoted him as saying. Despite the significant growth in Nvidia's stock price, up 39 per cent this year, Hari sees further potential for expansion. The analyst raised the price target to $800, marking a 21 per cent upside from current levels and reflecting the continued optimism surrounding Nvidia's future performance. The AI-focused growth strategy extends beyond Nvidia, with signs of AI monetisation evident in various companies. Hari pointed to positive developments from tech giants such as Microsoft and Meta Platforms, as well as encouraging earnings outlooks from AI server maker Super Micro Computer. These indicators contribute to Goldman Sachs' decision to raise full-year 2025-2026 earnings estimates for Nvidia by an average of 22 per cent. The anticipated robust demand for AI servers and improving graphics processing unit (GPU) supply further underlines the positive trajectory projected for Nvidia in the coming years. While Nvidia thrives on the AI wave, other chipmakers not deeply involved in AI, like Intel, have experienced a relative lag in their stock performance. Nvidia's dominance in the AI market has unlocked substantial revenue, setting it apart in an industry where AI capabilities are becoming increasingly integral. The company is poised to report its results on February 21, with analysts forecasting fourth-quarter earnings per share of $4.51 and revenue of $20.19 billion, based on LSEG data. (With inputs from Reuters)

Nvidia surges to record high as Goldman Sachs boosts price target on AI growth

Cricketer-turned-politician Imran Khan was sentenced to 10 years in prison, 14 years in prison, and 7 years in prison in three separate cases. The former Prime Minister has asked his supporters to 'take revenge for every injustice' with their vote on Feb 8.

Pakistan: Imran Khan factor in Pak elections, PTI uses AI to sidestep nationwide

<p>The Hong Kong branch of a multinational company has lost $25.6 million (HK$200 million) after scammers using deepfake technology posed as the firm’s chief financial officer (CFO) in a video conference call and ordered money transfers, according to the police, in what is being highlighted as first of its kind cases in the city.&nbsp;</p>

<h2><strong>First of its kind in Hong Kong</strong></h2>

<p>The money transaction was ordered during a meeting where it was found that everyone present on the video call&nbsp;except the victim were deepfakes of real people, said the Hong Kong police, on Friday (Feb 2).&nbsp;</p>

<p>The police highlighted this case as being the first of its kind in Hong Kong which also involved a large amount of money. However, they did not reveal the identity of the employee or the company.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/technology/deepfake-india-gives-social-media-platforms-seven-day-deadline-to-address-issue-662402">Deepfake: India gives social media platforms seven-day deadline to address issue</a></strong></p>

<p>Acting senior superintendent Baron Chan Shun-ching said that in previous cases the scam victims were tricked by one-on-one video calls.&nbsp;</p>

<p>“This time, in a multi-person video conference, it turns out that everyone you see is fake,” said the Hong Kong police official, as quoted by the South China Morning Post (SCMP).&nbsp;</p>

<p>Scammers in this case used deepfake technology to turn publicly available video and other footage of staff members into convincing meeting participants.</p>

<h2><strong>What we know about the case</strong></h2>

<p>According to Chan, the worker involved had been suspicious since he received the message purportedly from the company’s United Kingdom-based CFO and first dismissed it as a phishing email back in January. However, the talks of the need for a secret transaction continued.&nbsp;</p>

<p>The worker, according to Chan, dismissed the doubts after the video call because other people in attendance had looked and sounded just like colleagues and some others he recognised.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/entertainment/us-brings-new-bill-to-tackle-deepfakes-post-taylor-swift-ai-nudes-scandal-685494">US brings new bill to tackle deepfakes post Taylor Swift AI nudes scandal</a></strong></p>

<p>The police official also said that scammers asked the victim to introduce himself but did not actually interact with the person during the meeting. Additionally, the fake images on the screen mainly gave orders before the call ended abruptly.&nbsp;</p>

<p>The employee then followed the instructions and made 15 transfers totalling $25.6 million to five Hong Kong bank accounts.&nbsp;</p>

<p>The entire episode lasted a week before the worker involved made an inquiry with the company’s headquarters.</p>

<h2><strong>Six people arrested</strong></h2>

<p>Amid a number of such incidents, Chan said the police have arrested six people so far. He also spoke about eight stolen Hong Kong identity cards involved in scams.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/south-korea-imposes-90-day-ban-on-deepfake-political-campaign-videos-685152">South Korea imposes 90-day ban on deepfake political campaign videos</a></strong><br />
<br />
According to the police, there have been at least 20 such incidents where AI deepfakes have been used to trick facial recognition programmes into making 90 loan applications and 54 bank account registrations, by imitating the people pictured on the identity cards, between July and September last year.</p>

<p><em>(With inputs from agencies)</em><br />
&nbsp;</p>


The Hong Kong branch of a multinational company has lost $25.6 million (HK$200 million) after scammers using deepfake technology posed as the firm’s chief financial officer (CFO) in a video conference call and ordered money transfers, according to the police, in what is being highlighted as first of its kind cases in the city.

The Hong Kong branch of a multinational company has lost $25.6 million (HK$200 million) after scammers using deepfake technology posed as the firm’s chief financial officer (CFO) in a video conference call and ordered money transfers, according to the police, in what is being highlighted as first of its kind cases in the city. First of its kind in Hong Kong The money transaction was ordered during a meeting where it was found that everyone present on the video call except the victim were deepfakes of real people, said the Hong Kong police, on Friday (Feb 2). The police highlighted this case as being the first of its kind in Hong Kong which also involved a large amount of money. However, they did not reveal the identity of the employee or the company. ALSO READ | Deepfake: India gives social media platforms seven-day deadline to address issue Acting senior superintendent Baron Chan Shun-ching said that in previous cases the scam victims were tricked by one-on-one video calls. “This time, in a multi-person video conference, it turns out that everyone you see is fake,” said the Hong Kong police official, as quoted by the South China Morning Post (SCMP). Scammers in this case used deepfake technology to turn publicly available video and other footage of staff members into convincing meeting participants. What we know about the case According to Chan, the worker involved had been suspicious since he received the message purportedly from the company’s United Kingdom-based CFO and first dismissed it as a phishing email back in January. However, the talks of the need for a secret transaction continued. The worker, according to Chan, dismissed the doubts after the video call because other people in attendance had looked and sounded just like colleagues and some others he recognised. ALSO READ | US brings new bill to tackle deepfakes post Taylor Swift AI nudes scandal The police official also said that scammers asked the victim to introduce himself but did not actually interact with the person during the meeting. Additionally, the fake images on the screen mainly gave orders before the call ended abruptly. The employee then followed the instructions and made 15 transfers totalling $25.6 million to five Hong Kong bank accounts. The entire episode lasted a week before the worker involved made an inquiry with the company’s headquarters. Six people arrested Amid a number of such incidents, Chan said the police have arrested six people so far. He also spoke about eight stolen Hong Kong identity cards involved in scams. ALSO READ | South Korea imposes 90-day ban on deepfake political campaign videos According to the police, there have been at least 20 such incidents where AI deepfakes have been used to trick facial recognition programmes into making 90 loan applications and 54 bank account registrations, by imitating the people pictured on the identity cards, between July and September last year. (With inputs from agencies)

Hong Kong firm loses over $25mn after employee’s video call with deepfake ‘chief financial officer’, others

In a twist to the tech industry, recent struggles faced by Tesla have ignited conversations among investors about a potential shake-up in the "magnificent seven stocks that have fueled a surge in US Markets. While the electric automaker's stock took a nosedive, dropping nearly 24% this year... And now speculations are rife about its replacement in this elite club.

Analysts cautious after bumpy year for Tesla

Amazon shares jumped 7% on Friday after the tech giant reported better-than-expected quarterly results, thanks to big gains from recently-added artificial intelligence-supported features on its platforms.

Amazon shares surge 7% after better-than-expected results

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