Artificial Intelligence: Revolutionizing Every Aspect of Life
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Artificial Intelligence (AI) is rapidly redefining the way we live, work, and interact. No longer confined to the realm of science fiction, AI is now a driving force behind innovations across all sectors— from healthcare and finance to entertainment and manufacturing. Its impact is far-reaching, transforming industries, reshaping economies, and influencing the way we navigate daily life.
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Artificial Intelligence: Revolutionizing Every Aspect of Life
- Inflation Eases, AI Demand Boosts Wall Street Gains
India | Devdiscourse News Desk
Updated: 15-09-2024 00:37 ISTCreated: 03-09-2024 05:18 IST
03:02 AM
Wall Street indexes rose as inflation reports suggested interest rate cuts by the Federal Reserve may be on the horizon. Strong AI demand indicated by Micron's forecast also contributed to gains. Consumer discretionary and tech stocks led the rise, while labor market reports showed stability.
02:32 AM
Wall Street's main indices closed higher Thursday due to easing inflation signals and strong AI demand insights from Micron, suggesting potential Federal Reserve rate cuts. The CPI report showed slower-than-expected price increases, while job growth stabilized, shaping optimistic market forecasts.
00:56 AM
Wall Street's major indexes rose after a soft inflation report fueled expectations for Federal Reserve rate cuts, and strong AI demand boosted stocks like Micron. A favorable Consumer Price Index suggested less pressure on policymakers, while stable labor conditions and bullish tech stocks contributed to market gains.
11:33 PM
Global shares rise as U.S. inflation softens, raising hopes for more Federal Reserve rate cuts. Micron’s positive results help stabilize AI stock sentiments. Traders speculate on future Fed rate cuts, and major indices climb. Meanwhile, oil prices gain amid geopolitical tensions, and gold sees slight fluctuations.
9:20 PM
IIT-Kharagpur, in collaboration with the Intuitive Foundation, unveils a research initiative, MANAS, to harness AI for enhancing surgical safety and automation. Using the da Vinci Research Kit, this effort aims to map surgical workflows and improve robotic-assisted procedures by identifying key decision points.
8:45 PM
British film and television performers overwhelmingly reject digital body scans without stronger AI protections. Union Equity warns of potential strike impacting UK productions. This highlights global concerns about AI's impact on the entertainment industry, reflecting similar U.S. issues resolved after SAG-AFTRA's 2023 strike.
7:54 PM
In a move against AI use in film and TV, British performers voted to reject digital body scans without stronger protections. The union Equity could initiate a strike, highlighting global concerns over AI's potential to exploit performers' likenesses without proper consent or compensation.
6:34 PM
Micron Technology shares surged 14% following a bullish profit forecast, driven by a global memory chip shortage and increasing demand from AI data centers. Analysts anticipate sustained supply constraints, boosting Micron's market value significantly. The cyclical memory industry expects a protracted upturn, with supply tightness extending beyond 2026.
6:17 PM
Zara is embracing AI technology to transform fashion photography, joining other industry leaders like H&M and Zalando in using AI to digitally alter model images. The aim is to speed up production while maintaining collaboration with human models, though concerns arise over the potential impact on traditional photography roles.
5:55 PM
Accenture reported a 6% revenue rise to USD 18.7 billion in its latest quarter. Advanced AI bookings surged 76%, reaching USD 2.2 billion. New bookings totaled USD 20.9 billion, reflecting a 12% increase. The firm aims for 80,000 AI professionals, while boosting shareholder returns and strengthening market position.
Wall Street indexes rose as inflation reports suggested interest rate cuts by the Federal Reserve may be on the horizon. Strong AI demand indicated by Micron's forecast also contributed to gains. Consumer discretionary and tech stocks led the rise, while labor market reports showed stability.
Wall Street's main indices closed higher Thursday due to easing inflation signals and strong AI demand insights from Micron, suggesting potential Federal Reserve rate cuts. The CPI report showed slower-than-expected price increases, while job growth stabilized, shaping optimistic market forecasts.
Wall Street's major indexes rose after a soft inflation report fueled expectations for Federal Reserve rate cuts, and strong AI demand boosted stocks like Micron. A favorable Consumer Price Index suggested less pressure on policymakers, while stable labor conditions and bullish tech stocks contributed to market gains.
Global shares rise as U.S. inflation softens, raising hopes for more Federal Reserve rate cuts. Micron’s positive results help stabilize AI stock sentiments. Traders speculate on future Fed rate cuts, and major indices climb. Meanwhile, oil prices gain amid geopolitical tensions, and gold sees slight fluctuations.
IIT-Kharagpur, in collaboration with the Intuitive Foundation, unveils a research initiative, MANAS, to harness AI for enhancing surgical safety and automation. Using the da Vinci Research Kit, this effort aims to map surgical workflows and improve robotic-assisted procedures by identifying key decision points.
British film and television performers overwhelmingly reject digital body scans without stronger AI protections. Union Equity warns of potential strike impacting UK productions. This highlights global concerns about AI's impact on the entertainment industry, reflecting similar U.S. issues resolved after SAG-AFTRA's 2023 strike.
In a move against AI use in film and TV, British performers voted to reject digital body scans without stronger protections. The union Equity could initiate a strike, highlighting global concerns over AI's potential to exploit performers' likenesses without proper consent or compensation.
Micron Technology shares surged 14% following a bullish profit forecast, driven by a global memory chip shortage and increasing demand from AI data centers. Analysts anticipate sustained supply constraints, boosting Micron's market value significantly. The cyclical memory industry expects a protracted upturn, with supply tightness extending beyond 2026.
Zara is embracing AI technology to transform fashion photography, joining other industry leaders like H&M and Zalando in using AI to digitally alter model images. The aim is to speed up production while maintaining collaboration with human models, though concerns arise over the potential impact on traditional photography roles.
Accenture reported a 6% revenue rise to USD 18.7 billion in its latest quarter. Advanced AI bookings surged 76%, reaching USD 2.2 billion. New bookings totaled USD 20.9 billion, reflecting a 12% increase. The firm aims for 80,000 AI professionals, while boosting shareholder returns and strengthening market position.
