Author: Max Smith
On May 8, ground broke on one of the largest philanthropic investments ever made for Los Angeles youth just north of Los Angeles International Airport, a $150 million athletic and education complex to be called “Lulu's Place” in memory of Carol Richardson Kimmelman, whose passion was tennis, education and Southern California.Lulu's Place, located at the intersection of 92nd Street and Falmouth Avenue, next to St. Bernard High School, will be built on 31 acres of long vacant land and will feature public sports and recreation facilities including tennis, basketball and sandy volleyball courts, a full-size soccer field, playgrounds, walking trails…
Trend Micro is pleased to demonstrate the integration of NVIDIA NIM inference microservices, part of the NVIDIA AI Enterprise software platform for the development and deployment of generative AI, at COMPUTEX in Taipei. The company will unveil a series of cutting-edge security solutions leveraging NVIDIA's full-stack accelerated computing platform, including securing AI data centers, enabling AI to improve employee productivity, and implementing robust cybersecurity measures for both public and private cloud environments. Trend Vision One Sovereign Private Cloud (SPC): The industry's first customized, next-generation data center solution powered by NVIDIA NIMs to protect sensitive data and ensure compliance with industry…
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The next generation of robo-advisors may move into the world of short-term trading and stock selection.A recent study by researchers at the University of Chicago shows that AI, especially large-scale language models trained on vast amounts of text and capable of generating natural responses, can analyze financial statements as well as or better than human analysts. But before you ask ChatGPT to suggest your next deal, let's go a little further.The researchers provided GPT-4 with financial statements, with company names and personally identifiable details removed, and asked it to predict the direction of future revenue. They found that GPT-4 predicted…
Aaron Jones will play for the United States team, co-hosts of the upcoming Cricket World Cup. (Alex Davidson-ICC/ICC via Getty Images)The ninth edition of the ICC Men's T20 World Cup is fast approaching, the first Cricket World Cup to be co-hosted by the United States. From June 1 to June 29, a record 20 teams will play 55 matches for the 2024 T20 World Cup trophy. Tonight will also see the Namibia vs Oman match at 8:30 PM ET, followed by the West Indies vs Papua New Guinea match at 10:30 PM ET. Are you ready to watch the Cricket…
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Djokovic won the French Open in 2016, 2021 and 2023. [Getty Images]Novak Djokovic said he needed to turn on his “young genes” to recover for Monday's French Open fourth-round match against Francisco Cerundolo.The world number one won a five-set epic against Italy's Lorenzo Musetti, which finished at 3:07pm local time on Sunday.It was the slowest finish in clay-court Grand Slam history.The match did not get underway until 10:37 p.m. Saturday after organizers rescheduled the match at Court Philippe Chatrier to deal with rain delays.Djokovic won in four hours, 29 minutes and will now try to defend his title against 23rd-seeded…
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Artificial intelligence is playing an increasingly important role in supporting the investment decisions of major asset managers, including the largest banks by market capitalization. JPMorgan plans to expand its use of a generative AI tool called “Moneyball” later this year to help portfolio managers avoid bad decisions such as selling popular stocks prematurely, the company said. Financial Times. The tool is designed to show users “how you and the market would have performed in similar situations and help you correct your biases and improve your process,” said Christian West, head of investment platforms at JPMorgan Asset Management. FT. According to…
An offshore oil platform in Cook Inlet. (Lauren Holmes/ADN Archive) John Hendricks was stressed out Thursday. He temporarily shut down a well that produces 50 percent of his company's gas from Cook Inlet for state-mandated testing. The well was producing a lot of water, and Hendricks wasn't sure if gas would come back.”We were nervous about it,” he said.Brett Huber, chairman of the Alaska Oil and Gas Conservation Commission, said tests of the safety valve went off without a hitch. Pressure was restored to the well by Friday, allowing Hendrix to continue producing gas. Another safety test is scheduled for…