Exowatt, a startup developing energy-efficient modules for AI data centers, has secured $20 million in funding. The modules store solar energy as heat and produce electricity for up to 24 hours, benefiting from cost reductions and avoiding the need for fossil fuels.
Chase customers have reported losing thousands of dollars due to online fraud, but the bank has refused to reimburse them, claiming no fraud was detected. One customer lost $4,500 to Zelle transactions while the bank was closed, while another lost $30,000 to a phone scam involving spoofed Chase numbers. Experts warn that scams are becoming more sophisticated with the use of artificial intelligence, and customers should be vigilant in protecting their accounts.
Google has unveiled a groundbreaking artificial intelligence (AI) model called SEEDS (Scalable Ensemble Envelope Diffusion Sampler) designed to revolutionize weather forecasting. This AI model, inspired by popular language models like ChatGPT and Midjourney, leverages AI’s power to generate numerous weather forecasts swiftly, enabling researchers to analyze a wider spectrum of potential outcomes.
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US stock futures rose on Monday, pointing to a potential market recovery after a recent selloff. Investors anticipate a series of earnings reports from tech giants, including members of the “Magnificent Seven” (Apple, Amazon, Tesla, Nvidia, Microsoft, Alphabet, and Meta). Tesla’s earnings will be closely watched after a challenging start to the year, while Google’s parent company, Alphabet, has outperformed due to its strong advertising business and artificial intelligence focus. Amazon, Microsoft, and Meta are also reporting earnings this week, with Apple and Nvidia expected to follow in May. Economic data releases include new-homes sales and weekly jobless claims.
