Ken Griffin from Citadel Doubtful of AI’s Influence on Investment
Ken Griffin, founder and CEO of Citadel, claimed he was skeptical about artificial intelligence’s rising power in the investment sector. Griffin claimed that while artificial intelligence boosts production, its models struggle to produce long-term forecasts needed for investment. He emphasized that although artificial intelligence performs well in static conditions and short-term trading, it is less effective over longer time periods. Griffin also stressed AI’s more widespread social effects including employment loss in roles including call centres and translation services.
Indiana Looks at Big Tech Energy Costs
Indiana is at the center of a national debate over who should bear the growing energy costs brought on by data centers for artificial intelligence. A proposed law would require significant energy consumers, such Big Tech companies, to pay 80% of the cost of new power generation if they select fast track regulatory clearances. Consumer organizations warn that while IT companies consider small modular nuclear reactors as a clean energy source, this could lead higher utility rates.
Anthropic Discusses Rights with AI Consciousness
AI company Anthropic has launched a program that focuses on “model welfare,” amid the rambles about AI’s potential consciousness. The project authoritatively grapples with postulated realities previously thought as science fiction. Some experts argue that current artificial intelligence lacks all the essential elements of human awareness. Nevertheless, the debate itself reflects a much deeper crack between inspiration and caution concerning artificial intelligence advancements.
Sun World Collaborates with Clarifresh for AI-Supported Quality Control
Sun World has been in close cooperation with Clarifresh, an artificial intelligence quality-management software company, to bolster quality control practices in fresh food production. Beginning operations for this partnership in Egypt and Italy, the intent of the cooperation is to improve quality control and enhance uniformity across the supply chain.
Google Enhances Search Using Artificial Intelligence Mode
The Search engine of Google now has a new “AI Mode” that offers users a more conversational, AI-driven search experience. Unlike traditional search results, this feature provides AI-generated responses based on Google’s search database. Visual cards featuring comprehensive business and product information including hours, reviews, and prices define the AI Mode. This is a significant development in adding advanced artificial intelligence into standard search capabilities.
EU Postpones Code of Conduct for Artificial Intelligence Under US Compulsion
Originally scheduled for May 2, the European Union has postponed distribution of its Code of Good Practices for General Purpose Artificial Intelligence. The postponement results from strong US government lobbying that the EU’s regulatory position may hinder creativity. Major tech companies like Meta and Google have also expressed concerns, thinking the code could add more load. The EU Commission maintains that more than a thousand people are developing the code inclusively and that it means to encourage compliance.
Microsoft CFO Highlights AI Agents in Q3 Earnings
In an internal memo following Microsoft’s strong third-quarter financial results, CFO Amy Hood stressed the promising future of artificial intelligence innovations. During her address, she emphasized the introduction of two AI agents, Researcher and Analyst, which have been based OpenAI frameworks within Microsoft 365 under Microsoft’s portage. Hood urged staff members to embrace new technologies while also rethinking traditional workflows and stressed Microsoft’s commitment toward applying artificial intelligence for productivity and efficiency.
Graphcore Enters SoftBank’s AI System
Following its acquisition in 2024, UK-based artificial intelligence chip maker Graphcore has joined SoftBank’s expanding AI ecosystem. Early successes notwithstanding, Graphcore found it difficult to compete with computer giant Nvidia. Now owned by SoftBank, Graphcore is forcefully hiring and developing next-generation tech. Co-founder Nigel Toon views this as a rebirth rather than an end and is thinking about moving into venture finance to promote artificial intelligence innovation.
AI Voice Generator Takes Advantage of Bank Security
Emphasizing flaws in bank security mechanisms, a tech journalist phone-called her bank and impersonated herself using a generative artificial intelligence voice tool. Training the AI on a brief audio sample let her acquire confidential bank data, therefore demonstrating how easily criminals may exploit such technology. Experts warn that AI-assisted fraud could increase and recommend financial institutions to adopt multi-layered fraud prevention systems.
CES 2025 Highlights Interplay of Smart Glass and Artificial Intelligence
At CES 2025, the interplay of smart glasses and artificial intelligence technologies was highlighted against the backdrop of Chinese manufacturers of AR glasses spearheading this domain. By incorporating artificial intelligence into augmented reality (AR) hardware, many opportunities and challenges arise concerning relevant application delivery. The paper thus focuses on the AR glasses market in China, indicating the status quo and what the future may hold for AR+AI smart glasses.
Next, DailyAIWire will have more in-depth news and updates on advances in artificial intelligence.
