If Starbucks were a bank, it would be bigger than 90% of institutions covered by the US Federal Deposit Insurance Corporation by deposit size, with a new model of banks. It is not a place for customers to reserve money for cash withdrawals. Its reserve can be applied to coffee and small snack orders only.
Wearable technology, such as smartwatches and fitness trackers, has become increasingly popular in recent years. However, the future of wearable technology lies in the development of smart clothing, smart implants and smart patches. Smart clothing incorporates sensors and electronics into fabric to create garments that can track biometric data and environmental factors. Smart implants can provide continuous monitoring of various biometric data, such as blood glucose levels. Smart patches can provide continuous monitoring of biometric data, such as heart rate.
Auto giant Toyota Motor Corp. has confirmed a decade-long data breach, spanning from November 2013 to April 2023, via its Toyota Connected service, affecting 2.15 million customers. Due to the lack of an active detection mechanism, anyone had access to vehicle information without a password.
With ChatGPT being currently used for a widespread range of tasks — creating content, researching and producing emails, etc. — OpenAI has improved its offering with features that make it an even greater threat to major tech firms like Google. The new Open AI ChatGPT plugins represent a significant advancement in the field of conversational technology. Since releasing GPT-4 in March, many companies have already integrated Open AI’s model with the hope of leveraging its power into existing services or building new ones on top of it.
Nvidia, a US firm specializing in semiconductors crucial for the growth of artificial intelligence, almost made it to a trillion-dollar market valuation after the company exceeded past quarterly earnings expectations.
Tech billionaire Elon Musk's decision to change Twitter's familiar blue bird logo to a Shibu Inu dog — an icon associated with the digital token — caused the price of Dogecoin to shoot up by more than 20%. Despite being previously sued for $258 billion by an investor for manipulating the value of the coin, Musk has said he is committed to the crypto. The Twitter chief has 133 million followers on the platform.
WSIS Forum 2023: Under the category of E-Science, the artificial intelligence (AI) laboratory at the University of Technology and Applied Sciences in Sohar was chosen among the 72 winning projects out of 900 submitted worldwide.
Long charging times can influence a customer's decision on whether or not to buy an electric vehicle. However, this may no longer be a prohibitive issue thanks to the development of battery-swapping solutions. This innovation could transform the EV industry, particularly its two- and three-wheelers, by making long-distance travel simpler and more convenient for drivers. Generating excitement across Asia and other regions around the world, thousands of battery-swapping stations will soon be functional. For long-term success and sustainability, however, it will be necessary to implement a set of standards and communication protocols for the swapping of EV battery packs in order to best ensure both efficiency and safety.
Work is underway to create anxiety and depression prediction models using AI and Twitter that could help detect signs of these illnesses before clinical diagnosis. Researchers from Brazil have suggested the possibility of detecting the likelihood of a person developing depression based on their social media interactions and following patterns. The machine-learning algorithm analyzed sequences of words and complete sentences and observed that people with depression tended to write in first-person POV about subjects connected to themselves as well as topics such as death, crisis and psychology. More studies will likely be undertaken to unlock this potentially predictive connection.
