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Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while the ROCm 6 open software stack introduces new features supporting Large Language Models (LLMs). Additionally, the Ryzen 8040 Series processors come equipped with Ryzen AI capabilities.
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Alternative Investments/ESG: Element Launches ETF Focused On Future Energy Metals
RBB Fund Complex, a turnkey ETF and mutual fund solution that permits an investment adviser to focus on its core competency of asset management, has launched the Element EV, Solar & Battery Materials (Lithium, Nickel, Copper, Cobalt) Futures Strategy ETF (NYSE: CHRG). Element ETFs, LLC is a newly launched investment adviser to CHRG, which seeks to provide actively-managed exposure to the core commodities essential to the production of electric vehicles, battery energy storage systems, and other renewable infrastructure.
Artificial Intelligence: Apple Makes A Foray Into Audiobooks In Swipe At Amazon Kindle
Apple (NASDAQ: AAPL) is seeking to reduce the cost and complexity of creating audiobooks by using AI-powered narration instead of a human voice. These digitally read audiobooks are now available on Apple Books and the facility could be a boon for smaller publishers and lesser-known authors that previously had to use a human narrator. Plus, the manual process was expensive and time consuming.
Artificial Intelligence: DeepMind Uses Reinforcement Learning (AI) To Boost HVAC Efficiency
Another fact: Space cooling itself accounts for around 10% of global electricity demand. HVAC efficiency gains can therefore make a dent in the efforts needed to control climate change and global warming. These gains can be boosted by employing AI technology and data analysis that can make fine tuning adjustments to the HVAC equipment in real time.
Artificial Intelligence: ChatGPT Causes A Furore In The Academic World
“It’s a new world. Goodbye homework!” That was Elon Musk’s tweeted response to news that some New York-based colleges are planning to ban the use of ChatGPT to complete homework and are concerned about “negative impacts on student learning and concerns regarding the safety and accuracy of content.” As a part of the measure, systems linked to university servers will not open the ChatGPT website.
Alternative Investments/ESG: Subversive Launches Decarbonization ETF
Subversive Capital Advisor launched the Subversive Decarbonization ETF (BATS: DKRB), an actively managed thematic focused exchange traded fund offering access to stocks that are involved in decarbonizing the energy sector. That includes investments in nuclear, wind, solar, and more efficient uses of oil and gas. Additionally, it also includes supporting the underlying decarbonization infrastructure, the technology, and tools necessary to decarbonize the global energy supply chain.
Alternative Investments/ESG: Global X ETFs Australia Launches Low Cost Carbon ETF
Australia’s lowest cost carbon ETF made its debut last month courtesy of Global X ETFs Australia, the Australia-based ETF provider that is a member of Mirae Asset Financial Group. The Global X Global Carbon ETF (GCO2) provides exposure to the price of carbon as driven by the world’s biggest and most developed emission trading schemes. (ESG CLARITY)
Alternative Investments/ESG: Franklin Templeton Launches Sustainable Infra ETF
The ClearBridge Sustainable Infrastructure Exchange-Traded Fund launched by Franklin Templeton seeks to invest in income-generating infrastructure assets with strong environmental, social and governance attributes and stable cash flows. The fund may invest in the physical assets necessary for communities and economies to function and grow, including transportation, electricity, energy infrastructure, water, sewage, communications and renewables.
Artificial Intelligence: New AI Method Predicts “Black Swan” Disasters Without Extensive Data For Training
According to a new study, “Black Swan” disasters including earthquakes, pandemics, and hurricanes may be predicted more easily by using conventional artificial intelligence along with a statistical method known as Bayesian reasoning. This approach does not require extensive historical data to train AI algorithms particularly when such events are very rare.
Artificial Intelligence: Microsoft To Integrate ChatGPT’s Tech Into Bing For “Conversational” Search
Microsoft (NASDAQ: MSFT) is considering the integration of OpenAI’s ChatGPT3 technology into its Bing search engine, a nod to the latter’s rising popularity and potential use for answers to queries in conversational language. That would be a huge change from the Google search engine’s link-based responses to search questions.
Artificial Intelligence: The Lensa AI “Magic Avatars” Are Viral. But Did You Check The Fine Print?
Lensa AI is an image editing app that is four years old but has shot to the top of the download charts after Prisma Labs (the owner of the app) introduced a “magic avatar” feature in November. It is claimed that more than 17 million people have downloaded the app since, and images generated using this feature have repeatedly gone viral. Yet, concerns are already rife about the appropriateness of the images, as well as the terms and conditions that users must agree to.
Alternative Investments/ESG: TrueMark And Eagle Global Launch ETF Focused On Renewable Energy Infrastructure
TrueMark Investments and Eagle Global Advisors have launched the TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA: RNWZ), an actively managed ETF designed to offer investors core renewables exposure and stable income by investing in renewables infrastructure companies.
FinTech: Walmart Readies For BNPL Fray Through Fintech Arm
One, a fintech majority-owned by Walmart (NYSE: WMT) is likely to enter the highly competitive Buy-Now-Pay-Later (BNPL) market amidst rising price pressures on shoppers and a challenging economic environment. One’s BNPL product is one that shoppers could use at both Walmart and other retailers.
Alternative Investments/ESG: BlackRock Debuts iShares Global Equity SRI ETF
BlackRock has launched the iShares MSCI ACWI SRI UCITS ETF (SAWI) listed on Euronext and the Deutsche Boerse. It provides exposure to broadly diversified companies, combining developed and emerging markets exposure for added diversification.
Alternative Investments/Digital: BlackRock Launches Metaverse ETF
BlackRock has issued the iShares Metaverse UCITS ETF, which offers investors an ESG-screened exposure to small, mid, and large capitalization developed and emerging market companies which invest in the development of certain metaverse related technologies such as virtual reality, 3D image modelling, avatar, graphics processing unit, blockchain and non-fungible tokens.
Artificial Intelligence: Deutsche Bank And NVIDIA Partner On AI-Powered Financial Services
Deutsche Bank (ETR: DBK) and NVIDIA (NASDAQ: NVDA) have entered a partnership to embed AI into financial services but primarily focusing on the use cases of risk model development, high-performance computing, and the creation of a branded virtual avatar.
Digital Assets: Don’t Paint Bitcoin And Ether In The Colors Of Scam-Tainted FTX, Says The Wolf Of Wall Street
And in more good news for crypto aficionados, Belfort also said he expected the price of bitcoin and ether to be “a lot higher.” The Wolf also dismissed the FTX imbroglio as a fraud: “FTX was a scam and there is no way to protect against a scam like that.”
Venture Capital: Security And Compliance Platform Drata Raises $200M Series C
ICONIQ Growth and GGV Capital led a $200 million Series C round in Drata, a continuous security and compliance automation platform, at a valuation of $2 billion. Other investors included Alkeon Capital, Salesforce Ventures, Cowboy Ventures, S Ventures (SentinelOne), Silicon Valley CISO Investments (SVCI), and FOG Ventures (Operators Guild). Strategic individuals participating in the round included Jeff Weiner (LinkedIn), Frank Slootman (Snowflake), Jennifer Tejada (PagerDuty), Amit Agarwal (Datadog), Olivier Pomel (Datadog), and Jonathan Rubinstein (Amazon), joining Satya Nadella (Microsoft).
Artificial Intelligence: AI Helps Solve Many Solar Energy Problems
The ramifications from climate change are becoming clearer everyday as mankind confronts extreme weather instances across the globe. Renewable energy, particularly solar, has become of paramount importance in the race to achieve 2050 climate targets and replace fossil sources as early as possible. AI is being increasingly deployed to accelerate and optimize the use of solar power by solving a range of problems.
Artificial Intelligence: Gabriel, An Israeli AI Startup, Helps Fight Gun Violence In The USA
Gabriel, an Israeli AI startup that specializes in security against gun violence and mass shootings, has upgraded its the software package for customers that uses existing surveillance cameras to identify early signs of a threat and sends responders live video from the scene.
Venture Capital: Getir Buys Gorillas For $1.2B
In a sign of the consolidation sweeping across the rapid delivery sector, Istanbul-based online grocery start-up Getir has acquired German competitor Gorillas in a deal valuing the latter at $1.2 billion. Both participants in the deal managed to weather the tech meltdown that decimated valuations at many smaller grocery apps and led to their closure. Combined, the group is valued at $10 billion.
Venture Capital: Swedish Electric Self-Driving Truck Start-up Einride Lands $500M
Einride, the Swedish electric self-driving truck start-up, announced a raise of $500 million comprising an equity-based $200 million Series C portion from investors including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure and Norrsken VC. A debt funding of $300 million was led by Barclays Europe.
FinTech: Brazil’s MercadoLibre To Process Business Payments On WhatsApp
Pedro Arnt, CFO at Latin American e-commerce retailer and fintech firm MercadoLibre (NASDAQ: MELI) is in discussions with Meta (NASDAQ: META) to process payments in Brazil on the latter’s WhatsApp messaging service.
Alternative Investments/Real Estate: Dimensional Launches Global Real Estate ETF
Dimensional Fund Advisors has added a real estate ETF to its ETF line-up. The Dimensional Global Real Estate ETF offers investors the opportunity to invest in a variety of US and international real estate equities. The fund is a systematic active transparent ETFs built on Dimensional’s foundational investment approach that the firm has continuously refined over its 41-year history.
Artificial Intelligence: Soon, A New York Festival For AI-Created Films
Runway ML, the company behind text-to-image AI system Stable Diffusion, is hosting a festival of short films made using AI. Films with a runtime of between one and 10 minutes that either include AI-generated content or were pieced together with AI-powered editing techniques will qualify for the competition, which carries a $10K prize.