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Apollo Says AI Energy Gap 'Will Not Be Closed in Our Lifetime'
The amount of energy required to supply the data centers powering AI is so vast that meeting that need may be more than a lifetime away, according to a senior executive at Apollo Global. From a report: "The gap between what AI is demanding and what we have everywhere in the world on the grid in terms of generation and transmission is huge and will not be closed in our lifetime," Dave Stangis, who has led and developed Apollo's sustainability strategy over the past four years, said in an interview.
That means sustainable energy investors need to accept that renewables alone aren't enough to power the AI age, he said. The comments encapsulate a new approach across the finance industry, where the economics of the energy transition -- a concept intended to represent the shift to a low-carbon future -- are becoming merged with the economics of an unprecedented boost in supply. "So what is happening around the world, there's no doubt about it, is what you might call energy addition," Stangis said. "The world is scrambling to add every source of power."
Read more of this story at Slashdot.
Trump Pardons Binance Founder Changpeng Zhao
President Donald Trump has pardoned the Founder of Binance, Changpeng Zhao, who pleaded guilty to anti-money-laundering violations and served prison time. The Associated Press reports: Zhao has deep ties to World Liberty Financial, a crypto venture that the Republican president and his sons Eric and Donald Jr. launched in September. Trump's most recent financial disclosure report reveals he made more than $57 million last year from World Liberty Financial, which has launched USD1, a stablecoin pegged at a 1-to-1 ratio to the U.S. dollar. World Liberty Financial also recently announced that an investment fund in the United Arab Emirates would be using $2 billion worth of USD1 to purchase a stake in Binance. Zhao also has publicly said that he had asked Trump for a pardon that could nullify his conviction.
White House press secretary Karoline Leavitt said in a statement Thursday that the Biden administration prosecuted Zhao out of a "desire to punish the cryptocurrency industry." She said there were "no allegations of fraud or identifiable victims," though Zhao had pleaded guilty in November to one count of failing to maintain an anti-money-laundering program.
Read more of this story at Slashdot.
Windows 10 retiring is a great opportunity for Linux — and it’s being wasted - Medium
Categories: Linux
Windows 10 retiring is a great opportunity for Linux — and it’s being wasted - Medium
Categories: Linux
Windows 10 retiring is a great opportunity for Linux — and it’s being wasted - Medium
Categories: Linux
Windows 10 retiring is a great opportunity for Linux — and it’s being wasted - Medium
Categories: Linux
Windows 10 retiring is a great opportunity for Linux — and it’s being wasted - Medium
Categories: Linux
Windows 10 retiring is a great opportunity for Linux — and it’s being wasted - Medium
Categories: Linux
Windows 10 retiring is a great opportunity for Linux — and it’s being wasted - Medium
Categories: Linux
Three Decades After Clippy, Microsoft Launches Mico
Nearly three decades after Clippy appeared as Microsoft's Office assistant, the company is introducing Mico, a virtual character for Copilot's voice mode. The bouncing orb responds with real-time expressions during conversations and is being turned on by default, The Verge reports. Users can disable the feature, however.
The assistant draws on a new memory feature inside Copilot to recall facts about users and their work. Mico will be available in the United States, United Kingdom, and Canada at launch. Microsoft is also adding a Learn Live mode that transforms the character into a Socratic tutor using interactive whiteboards and visual cues. The initiative is part of an effort to give Copilot a permanent identity. Jacob Andreou, corporate vice president of product and growth at Microsoft AI, said: "Clippy walked so that we could run."
Read more of this story at Slashdot.
Red Hat introduces Developer Lightspeed, an AI-driven assistant to streamline workflows - BetaNews
Categories: Linux
McKinsey Says Bank Profits Face Possible $170 Billion AI Hit
Banks face a hit to their bottom lines of as much as $170 billion if they don't adapt their business models to respond to customers turning to AI to optimize their finances. From a report: The consultancy firm predicted that customer uptake of agentic AI -- effectively autonomous bots -- would hit the profits banks earn from customer money in low interest accounts, according to a report from McKinsey published Thursday. "Imagine you have an AI agent that says: 'Hey, you could save $2,000-a-year by moving your money,'" Pradip Patiath, a senior partner at McKinsey, said. "It automates a lot of the inertia that is in the system today."
Consumers hold $23 trillion out of a total of $70 trillion in accounts with close to zero interest rates, while the remainder is held in accounts that often pay relatively low rates, according to the research. Customer use of AI agents could lead to a 9% profit drop for banks, some $170 billion, if they do not change their business models. That could push average returns for banks below their cost of capital, the consultants said.
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Overshooting 1.5C Climate Target 'Inevitable': UN Chief
UN Secretary-General Antonio Guterres says it is now clear that efforts to cap global warming at 1.5C above pre-industrial levels will fail in the short term. AFP: Before next month's COP30 climate summit in Brazil, Guterres said going beyond 1.5C would result in "devastating" yet predictable impacts. "One thing is already clear: we will not be able to contain the global warming below 1.5C in the next few years," Guterres said at the UN's World Meteorological Organisation (WMO) weather and climate agency in Geneva.
"Overshooting is now inevitable. Which means that we're going to have a period, bigger or smaller, with higher or lower intensity, above 1.5C in the years to come." However, if leaders start taking the problem seriously by driving towards net zero greenhouse gas emissions, "the 1.5 still remains -- according to all the scientists I met -- possible before the end of the century."
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NAP, free visual and media framework, now dazzles anywhere - CDM Create Digital Music
NAP, free visual and media framework, now dazzles anywhere CDM Create Digital Music
Categories: Linux
Research@ 2025: Our latest breakthroughsResearch@ 2025: Our latest breakthroughs
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Linux's Proposed Cache Aware Scheduling Benchmarks Show Big Potential On AMD EPYC Turin Review - Phoronix
Linux's Proposed Cache Aware Scheduling Benchmarks Show Big Potential On AMD EPYC Turin Review Phoronix
Categories: Linux
Detection Firm Finds 82% of Herbal Remedy Books on Amazon 'Likely Written' By AI
An anonymous reader shares a report: With gingko "memory-boost tinctures," fennel "tummy-soothing syrups" and "citrus-immune gummies," AI "slop" has come for herbalism, a study published by a leading AI-detection company has found. Originality.ai, which offers its tools to universities and businesses, says it scanned 558 titles published in Amazon's herbal remedies subcategory between January and September this year, and found 82% of the books "were likely written" by AI.
"This is a damning revelation of the sheer scope of unlabelled, unverified, unchecked, likely AI content that has completely invaded [Amazon's] platform," wrote Michael Fraiman, author of the study. "There's a huge amount of herbal research out there right now that's absolutely rubbish," said Sue Sprung, a medical herbalist in Liverpool. "AI won't know how to sift through all the dross, all the rubbish, that's of absolutely no consequence. It would lead people astray."
Read more of this story at Slashdot.
VMScape: Cracking VM-Host Isolation in the Speculative Execution Age & How Linux Patches Respond - Linux Journal
VMScape: Cracking VM-Host Isolation in the Speculative Execution Age & How Linux Patches Respond Linux Journal
Categories: Linux