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Geoffrey Hinton and John Hopfield received the Nobel Prize in Physics for foundational work in AI, while Demis Hassabis and John Jumper from Google DeepMind won the Chemistry prize for breakthroughs in protein structure prediction. This recognition highlights AI's growing influence in science and raises ethical concerns about its commercialization.
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As of October 27, 2024, Reddit and Google are evolving their strategies in response to the growing influence of AI in internet search. Reddit's CEO emphasizes the platform's role in AI training, while Google's NotebookLM tool gains traction among users seeking enhanced document interaction features.
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Chancellor Rachel Reeves has announced significant increases in capital gains tax (CGT) rates in the UK, raising concerns among entrepreneurs and investors about potential negative impacts on economic growth and investment. The new rates will take effect in April 2025, with the lower rate rising from 10% to 18% and the higher rate from 20% to 24%.
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World, formerly Tools for Humanity, has introduced advanced iris-scanning technology aimed at verifying human identity in an AI-dominated landscape. The company aims to create a universal identity system while addressing privacy concerns raised by its biometric approach. Over 6.9 million people have signed up for its World ID since launch.
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Microsoft and OpenAI are in high-stakes negotiations over equity and governance rights as tensions grow between the two companies. Microsoft has invested $14 billion in OpenAI, which is restructuring as a for-profit entity amid concerns about its financial stability and computing needs. The partnership faces challenges as both sides seek to redefine their relationship.