U.S. President Joe Biden met with China’s President Xi Jinping at the APEC Summit in Lima, Peru, on November 16. According to the White House, the two reached an agreement affirming that human beings, not artificial intelligence, should make decisions about the use of nuclear weapons.
“The two leaders affirmed the need to maintain human control over the decision to use nuclear weapons. The two leaders also stressed the need to consider carefully the potential risks and develop AI technology in the military field in a prudent and responsible manner”.
-The White House said in a statement.
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This agreement marks a groundbreaking step in addressing two complex and challenging topics: nuclear weapons and artificial intelligence. However, it remains unclear whether the two nations will conduct additional discussions or actions on the matter.
At the same time, Xi vowed on Saturday to work with the incoming U.S. administration of Donald Trump as he held his final talks with outgoing President Joe Biden on various topics. Xi acknowledged the “ups and downs” between the countries after Trump’s election.
“China’s goal of a stable, healthy and sustainable China-U.S. relationship remains unchanged. China is ready to work with the new U.S. administration to maintain communication, expand cooperation and manage differences.”
In other trailblazing news, there is a new artificial intelligence program developed by Washington State University. Reportedly, it can spot signs of serious diseases more accurately, and faster, than trained human researchers.
According to scientists, patients can receive the results of their mammogram or MRI within an hour. Washington State Professor Michael Skinner further reveals that the process can be done in minutes, and patients don’t have to wait hours or days for their image analysis on the MRI by their physician.
“You can take that image, run it through this type of program, and it can tell you exactly where the abnormalities are. But it (the A.I. model) would still need to be trained each time.”
– Dr. Skinner.
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15. Oklo Inc. (NYSE:OKLO)
Market Capitalization: $2.2 billion
Oklo Inc. (NYSE:OKLO) is an advanced nuclear technology company that designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. Oklo is a major beneficiary of the AI boom considering the increasing interest in reliable, clean energy sources like nuclear power to fuel data centers.
On November 13, Oklo Inc. (NYSE:OKLO) announced that it has received Letters of Intent (LOIs) and will be partnering with two major data center operators. The partnership will require Oklo to deliver up to 750 megawatts (MW) of low-carbon power for data centers across the US. The new commitments will expand Oklo’s portfolio to approximately 2,100 MW, emphasizing the demand for the company’s clean energy solutions.
“The strong customer response reflects confidence in Oklo’s clean, reliable, and affordable power solutions. Our approach helps enable customers to scale sustainably with reliable power aligned to their long-term goals.”
-Jacob DeWitte, Co-Founder and CEO of Oklo.
14. SoundHound AI (NASDAQ:SOUN)
Market Capitalization: $2.28 billion
SoundHound AI (NASDAQ:SOUN) is a voice artificial intelligence company offering voice AI solutions to businesses.
On November 14, H.C. Wainwright analyst Scott Buck reiterated a “Buy” rating on SoundHound AI (NASDAQ:SOUN) and raised the price target to $8.00 from $7.00. The firm has given a buy rating to the company based on its impressive revenue performance, balance sheet management, and strong future outlook. Additionally, the company is expected to continue pursuing efforts to expand revenues and profit margins. The strong demand for artificial intelligence companies should also keep investors interested, the analyst notes
