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    1. Robots in finance bring new risks to stability, regulators warn

      Robots in finance bring new risks to stability, regulators warn

      Banks and hedge funds that rely on artificial intelligence threaten to inject risks into the financial system that could exacerbate a future crisis, according to global regulators. The financial industry's rush to adopt AI raises the potential that firms will become overly dependent on technologies that herd them toward the same view of risks and could “amplify financial shocks,” according to a study published on Wednesday by the Financial Stability Board, a panel of regulators that includes the Federal Reserve and European Central Bank. “AI and machine learning applications show substantial promise if their specific risks are properly managed ...

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      Mentions: Federal Reserve
    2. Peduto working on bid for Amazon’s second headquarters

      Pittsburgh mayor Bill Peduto working on bid for Amazon's 2nd headquarters | Thursday , Sept. 7, 2017, 11:42 a.m. REUTERS Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Andrew Russell | Tribune-Review Tin Franovic, software engineer at Amazon works at Amazon's South Side Works office when the tech giant officially opened its first corporate office in Pittsburgh, Tuesday, Jan. 17, 2016.

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    3. CMU to harness power of collaboration to advance artificial intelligence

      CMU to harness power of collaboration to advance artificial intelligence | Tuesday , June 27, 2017, 8:18 a.m. Sign up for one of our email newsletters. Updated 5 minutes ago Carnegie Mellon University announced Tuesday an initiative to bring together its research and education related to artificial intelligence. CMU AI will coordinate faculty, students and staff working on AI in robotics, engineering, language, human-computer interaction, machine learning and more.

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    4. In Pittsburgh, Amazon relies on machines to translate a global market

      In Pittsburgh, Amazon relies on machines to translate a global market 27 p.m. Andrew Russell | Tribune-Review Brooke Sumner, receptionist for Amazon’s South Side Works office, greets visitors Tuesday, Jan. 17, 2016, as the tech giant officially opened its first corporate office in Pittsburgh. 4 minutes ago Translation can be a tricky business. Just ask John Frazier, Nicole Xu and Lujing Gao, a trio of University of Pittsburgh graduates who last year started uTranslated.

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    5. Amazon opens ‘machine translation’ office in Pittsburgh

      Amazon opens 'machine translation' office in Pittsburgh | Tuesday , Jan. 17, 2017, 4:39 p.m. Andrew Russell | Tribune-Review Brooke Sumner, receptionist for Amazon's South Side Works office, greets visitors when the tech giant officially opened its first corporate office in Pittsburgh, Tuesday, Jan. 17, 2016.

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