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Tag: investor concerns

  • The Register: Crook breaks into AI biz, points $250K wire payment at their own account

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    Source URL: https://www.theregister.com/2024/11/19/ilearningengines_bec_scam/ Source: The Register Title: Crook breaks into AI biz, points $250K wire payment at their own account Feedly Summary: Fastidious attacker then tidied up email trail behind them A Maryland AI company has confirmed to the Securities and Exchange Commission (SEC) that it lost $250,000 to a misdirected wire payment.… AI Summary…

  • Hacker News: Artificial intelligence is losing hype

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    Source URL: https://www.economist.com/finance-and-economics/2024/08/19/artificial-intelligence-is-losing-hype Source: Hacker News Title: Artificial intelligence is losing hype Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses the current challenges faced by tech companies in Silicon Valley regarding their investments in artificial intelligence (AI), particularly the skepticism around the profitability of large language models (LLMs). The decline in…