India, China drive AI focus for global MBA aspirants: Study

Homebuyers Take Advantage of Easing Mortgage Rates

Homebuyers , Take Advantage of , Easing Mortgage Rates. 'Newsweek' reports that the number of mortgage applications increased for the week ending June 21 as the cost of home loans has begun to ease. . According to the Mortgage Bankers Association (MBA) Market Composite Index, there was a nearly 1% increase in mortgage applications from the week before. MBA data shows that it is the third consecutive week of an increase in application numbers. . At the same time, refinancing activity was up 28% compared to the same time in 2023. In recent weeks, mortgage rates have trended below 7%, helping to slightly reduce the cost of monthly payments for potential homebuyers. Mortgage rates were mostly lower last week, with the 30-year fixed rate declining slightly to 6.93 percent, the lowest level in more than three months, Joel Kan, MBA's deputy chief economist, via 'Newsweek'. According to Joel Kan, MBA's deputy chief economist, the drop in rates has failed to convince more homeowners to change the terms of their existing loans. According to Redfin data, almost 90% of U.S. homeowners have mortgages below 6%, cheaper than the current market. Purchase applications did see a small increase after adjusting for the Juneteenth holiday, Joel Kan, MBA's deputy chief economist, via 'Newsweek'. Government purchase loans, primarily FHA and VA, saw gains of more than 2 percent over the previous week, as homebuyers in those segments sought to take advantage of the recent rate relief, Joel Kan, MBA's deputy chief economist, via 'Newsweek'

Google Uses AI to Add Over 100 New Languages to Translate

Google Uses AI to Add , Over 100 New Languages to Translate. Google Translate continues to get better, as the company has used AI to add 110 new languages to the feature, Engadget reports. . According to Google, the new languages represent over 600 million speakers, or 8% of the worldwide population. . Google referenced its LLM, PaLM 2, as "a key piece to the puzzle, helping Translate more efficiently learn languages that are closely related to each other," . ... "including languages close to Hindi, like Awadhi and Marwadi, and French creoles like Seychellois Creole and Mauritian Creole.". Isaac Caswell, senior software engineer for Google Translate, issued a statement about the development. As technology advances, and as we continue to partner with expert linguists and native speakers, we'll support even more language varieties and spelling conventions over time, Isaac Caswell, senior software engineer for Google Translate, via Engadget. The last time Translate had a sizeable number of languages added to it was in May of 2022. At the time, the company utilized the help of Zero-Shot Machine Translation, which "allows a model to learn a new language" without viewing examples, Engadget reports. . Later in 2022, Google announced its 1,000 Languages Initiative. The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world. . The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world.

Amazon Reaches $2 Trillion in Stock Market Value

Amazon Reaches $2 Trillion , in Stock Market Value. On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. . Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. . Within the past year, Amazon's stock has gained 52%. Part of that gain can be attributed to investors' enthusiasm about the company's AI endeavors, NPR reports. . A big part of the valuation boost has been cloud and AI. Amazon is going to be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR. Amazon currently has a chatbot called Q, which businesses that use AWS have access to. . Amazon currently has a chatbot called Q, which businesses that use AWS have access to. . Amazon CEO Andy Jassy recently said that AI has rejuvenated the growth of AWS. The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue. Amazon recently invested in Anthropic, a California AI company, "to develop so-called foundation models that underpin generative AI systems," NPR reports. . Amazon also makes its own AI chips. The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia.

AI Video Explosion: Unauthorised Use of Personal Images Raises Privacy Concerns

Many people are falling victim to the explosion of AI videos, where their images are used - without consent - to create content sometimes with dubious motives. #AIVideo #PrivacyConcerns #AIAbuse #Deepfakes #ImageConsent #AIethics #DigitalRights #CyberSecurity #TechRegulation #AIPrivacy #AIManipulation #IdentityTheft #DeepfakeThreat #OnlineSafety #DataProtection ~HT.178~PR.152~ED.194~

AI-Driven Vertical Shrimp Farm in Singapore Achieves Cost Parity with Coastal Ponds

High tech farms are no longer unusual in Singapore. In fact they have been sprouting up like mushrooms over the past five years. While many of the innovative farms in the city state still have to become profitable, a vertical shrimp farm has achieved price parity with coastal aquaculture ponds in Indonesia or Vietnam. This is thanks to an AI operated system which controls day to day operations. #HighTechFarming #SingaporeAgriculture #VerticalFarming #ShrimpFarming #AIFarming #InnovativeAgriculture #UrbanFarming #SustainableFarming #AgriTech #AIinAgriculture #Aquaculture #FoodTech #SmartFarming #AIControlled #TechInnovation ~PR.152~ED.194~GR.125~

Researchers Use Machine Learning to Understand How Elephants Communicate

Researchers Use Machine Learning , to Understand How , Elephants Communicate. 'BGR' reports that communication among elephants may be more complex than scientists previously believed. New evidence suggests that elephants possess unique names which are used to address specific elephants. The study, made possible with the help of machine learning, was published in the journal 'Nature Ecology and Evolution.'. Machine learning was used to help researchers analyze hundreds of wild elephant calls, searching for three specific "rumbles.". These rumbles, which include a greeting, a caregiving gesture and a contact calling sound, are the primary form of communication used among elephants. Other animals are known to refer to their peers by name. Both dolphins and parrots address each other by mimicking the receiver's voice. Other animals are known to refer to their peers by name. Both dolphins and parrots address each other by mimicking the receiver's voice. Elephants, on the other hand, use a more abstract approach which is more closely related to the way humans communicate. Researchers believe the findings could suggest that elephants are capable of abstract thought, which would make them much more intelligent than previously believed. It remains unclear whether each individual elephant has its own unique name, or if they somehow share names or titles. 'BGR' reports that AI has proven very helpful in working to decode nature's mysteries. Another study used AI to begin unraveling the secret language of dogs. . 'BGR' reports that AI has proven very helpful in working to decode nature's mysteries. Another study used AI to begin unraveling the secret language of dogs.