HHS Secretary names first Chief Competition Officer

​Stacy Sanders will be tasked with supporting competition that can help lower healthcare and prescription drug costs and will coordinate with the FTC and DOJ to address anti-competitive healthcare technology data practices. 

JPMorgan Chase Upgrades Dell Technologies Rating, Eyes AI-Driven Growth

JPMorgan Chase & Co. upgrades Dell Technologies to Overweight, setting a new target price of $90, buoyed by its favorable position in the AI-driven compute investment cycle. Dell’s strong market performance and anticipated benefit from the growing AI and ML focus in IT sectors signal promising growth prospects. (Read More) ​ 

IMF Warns of AI’s Impact on Global Job Market: 40% Positions at Risk

The IMF warns that AI could impact 40% of global jobs, rising to 60% in advanced economies. This trend may exacerbate income inequality, with younger workers adapting more easily than older ones. The IMF urges comprehensive safety nets and retraining programs to mitigate the effects. (Read More) ​ 

Tencent PhotoMaker: Advancing AI in Personalized Photo Generation

encent’s PhotoMaker, an innovative AI tool, revolutionizes personalized photo generation with its ‘Stacked ID Embedding’ technology. Endorsed by AI expert Yann LeCun, it offers versatile applications, blending various ID features for customized images. Despite challenges and ongoing refinements, it signifies a major leap in AI-powered imagery. (Read More) ​ 

UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia

The UN Office on Drugs and Crime’s latest report reveals an alarming increase in cryptocurrency misuse and advanced technological crime in East and Southeast Asia. The study focuses on the challenges faced by law enforcement against the backdrop of evolving online casinos, cyberfraud, and tech-driven underground banking networks. (Read More) ​ 

Microsoft Copilot: SMEs with Affordable AI Integration

Microsoft’s introduction of Copilot AI for SMEs, with individual subscriptions at $20 and business plans at $30 per month, brings advanced AI capabilities, including GPT-4 Turbo, to small and medium-sized businesses, enhancing productivity and decision-making. (Read More) ​