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The company uses machine learning to provide micro-financing and mobile phone credit to people who often don't have traditional bank accounts.

A new report titled “Data Crunch: How the AI Boom Threatens to Entrench Fossil Fuels and Compromise Climate Goals” from the Center for Biological Diversity warns the booming artificial intelligence industry’s high resource consumption threatens the world’s climate goals, despite rosy prognoses of AI’s projected benefits. Co-author Jean Su says that the increasing use of AI for military applications offsets any positives it offers for climate change mitigation. “What we need to do is empower communities and countries, especially in the Global South, to ask what is the public benefit that they are supposed to get from AI, and weigh it very carefully against the severe cost to their climate, to their electricity prices and to their water.”

Doing the mental work of connecting the dots across multiple web queries appears to help people understand the material better compared to an AI summary.

A survey looking at 500 Floridians finds that Gen Zers are far more anxious than older generations.

Digital Minister Solly Malatsi said that foreign firms should not be allowed to leapfrog local requirements.

Markets have suffered sharp losses in recent days on growing fears of an AI bubble.

A US judge ruled that Meta does not have an illegal monopoly, a decision that could pave the way for a new era of tech mergers and acquisitions.