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Neuralink shows quadriplegic playing chess with brain implant
Neuralink on Wednesday streamed a video of its first human patient playing computer chess with his mind and talking about the brain implant making that possible. Musk is hardly alone in trying to make advances in the field, which is officially known as brain-machine or brain-computer interface research. gc/bfm
Bank of England to hold rate despite slowing inflation
The Bank of England is widely expected to keep its main interest rate at a 16-year high Thursday, rejecting a cut as inflation remains well above target despite recent slowing. Britain entered recession in the second half of last year but with inflation remaining well above the BoE's two-percent target, the central bank is widely expected to freeze interest rates for a few months longer.
UN General Assembly to address AI's potential risks, rewards
The UN General Assembly will turn its attention to artificial intelligence on Thursday, weighing a resolution that lays out the potentially transformational technology's pros and cons while calling for the establishment of international standards.
Asian stocks track Wall St record after Fed keeps rate projection
Asian markets rallied Thursday after Wall Street's record-breaking day as traders welcomed news that the Federal Reserve still saw three interest rate cuts this year even after recent data pointed to a bounce in inflation.
How long you got? Danish AI algorithm aims to predict life, and death
Researchers in Denmark are harnessing artificial intelligence and data from millions of people to help anticipate the stages of an individual's life all the way to the end, hoping to raise awareness of the technology's power, and its perils.
Social media company Reddit rides high in IPO
The Reddit social network said Wednesday it had priced at the top of its expected range ahead of going public on the New York Stock Exchange, in a sign of enthusiasm by investors. With easy financing scarce, Silicon Valley is seeing a dearth of companies ready to make the big leap to go public, with Pinterest being the last social media company to do so in 2019.
Hermes faces US lawsuit over 'refusal' to sell Birkin bag
Fashionistas desperate to get their hands on an exclusive Birkin handbag are suing Hermes in California on grounds the company won't sell them one unless they buy other luxury products first. One of the plaintiffs, Tina Cavalleri, says she inquired about buying one of the coveted handbags from the French company in 2022.
Biden unveils almost $20 bn for Intel to boost US chip production
US President Joe Biden unveiled almost $20 billion in grants and loans Wednesday for Intel's domestic chip-making plants -- his administration's biggest investment yet in the sector as he takes on China's chip dominance and sells his economic achievements over election rival Donald Trump.
US Fed holds key rate, pencils in 3 cuts this year
The US Federal Reserve voted Wednesday to hold interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year. - Balance sheet discussions - Fed chair Jerome Powell is set to take questions from reporters later Wednesday, with much of the attention likely to focus on the path of interest rate cuts.
AFP
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