Author: Daniel snow

Walmart’s new AI chatbot, named Sparky, is a bold bet on the future of digital shopping. Source link

Apple is trailing its major rivals in rolling out artificial intelligence-related technologies — but its researchers say the technology may be overhyped anyway. Source link

Dollar retreats ahead of U.S./China talks; euro gains Source link

Sam Altman’s identity verification venture World is launching its eye-scanning Orb product in the U.K.WorldLONDON — World, the biometric identity verification project co-founded by OpenAI CEO Sam Altman, is set to launch in the U.K. this week.The venture, which uses a spherical eye-scanning device called the Orb to scan people’s eyes, will become available in London from Thursday and is planning to roll out to several other major U.K. cities — including Manchester, Birmingham, Cardiff, Belfast, and Glasgow — in the coming months.The project aims to authenticate the identity of humans with its Orb device and prevent the fraudulent abuse…

TangMan Photography | Getty ImagesU.S. President Donald Trump’s top trade officials are meeting their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world’s two largest economies.U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are representing the U.S.China’s foreign ministry said on Saturday that Vice Premier He Lifeng, Beijing’s lead trade negotiator, will be in the U.K. between June 8-13, and that a meeting of the “China-U.S. economic and trade consultation mechanism” would take place.The talks come after Trump last week said that he had held…

Jakub Porzycki | Nurphoto | Getty ImagesLONDON — Britain’s financial services watchdog on Monday announced a new tie-up with U.S. chipmaker Nvidia to let banks safely experiment with artificial intelligence.The Financial Conduct Authority said it will launch a so-called Supercharged Sandbox that will “give firms access to better data, technical expertise and regulatory support to speed up innovation.”Starting from October, financial services institutions in the U.K. will be allowed to experiment with AI using Nvidia’s accelerated computing and AI Enterprise Software products, the watchdog said in a press release.The initiative is designed for firms in the “discovery and experiment phase”…

Qualcomm on Monday sealed a deal to acquire Britain’s Alphawave IP Group in what the company said was an effort to pair high-speed wired connectivity and compute technologies with its own processors for artificial intelligence. Source link

To help Americans name their new reality, we wrote a phrase book of authoritarianism. Source link

Asia FX gains as dollar dips ahead of US-China trade talks Source link

What exactly were we thinking starting a trade war without having this rare earth elements issue all buttoned up and ready to go? How did we get so far along in this contest of wills when we hadn’t invested the money to explore rare earth material refining and production in this country? The group of 17 minerals known as rare earths are used to make smartphones, tablets, speakers, touch screens, wind turbines, solar panels, robotics, advanced manufacturing, semiconductors, lasers, electric vehicles, and, yes, the F-35 fighter jet, which uses a huge amount of rare earth minerals. Given all that, shouldn’t…