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  • 📈Nasdaq Wins SEC Approval for First AI-Driven Order Type

📈Nasdaq Wins SEC Approval for First AI-Driven Order Type

📷AI Gun Detection Technology: A Promising New Tool or a Privacy Threat?

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Max Stone & Spencer Schneider
September 09, 2023

💻Hello there, AI fans! 🤖 Let’s jump right into the latest 🗞 in the world of artificial intelligence! Find a comfortable seat 🪑 and prepare for a healthy dose of updates delivered with no shortage of creativity, art 🖼, and wit 😂!

📰WHAT’S NEW!

  • Nasdaq wins approval from SEC to launch first AI-driven order type. The approval of the M-ELO is a significant development in the use of AI in the stock market. It is the first time that an exchange has been granted approval to launch an order type that uses AI to determine how orders are matched.

  • The M-ELO is designed to improve the efficiency of the stock market by speeding up the matching of orders and minimizing market impact. The M-ELO is designed to reduce market impact by matching orders that are more likely to be executed without moving the price of the security too much.

  • The approval of the M-ELO is a positive development for the stock market. It is a sign that exchanges are embracing the use of AI to improve the efficiency of the market.

  • AI gun detection technology is used in some schools and public places in the US, including the Ocean City School District in New Jersey and the Philadelphia transportation system SEPTA to deter mass shootings and improve response times.

  • The AI gun detection technology is being developed by a company called ZeroEyes. The company says its technology has never sent a false alarm to a client.

  • Experts say it is important to be aware of the potential for false positives, which could lead to law enforcement being dispatched to a scene unnecessarily.

  • Greece, Israel, and Cyprus are collaborating on an AI-based initiative to detect wildfires. The AI-based initiative will use satellite imagery, fire sensors, weather forecasts, and crowdsourced data to detect wildfires early.

  • The collaboration is part of a broader effort to combat wildfires in the Mediterranean region. The region has been experiencing an increase in wildfires in recent years, due to climate change and other factors.

  • A German consortium of startups and defense academics is developing a virtual battlefield that uses artificial intelligence to simulate real-world combat scenarios.

  • The platform, called GhostPlay, can be used to test new weapons and tactics, and to identify shortcomings in existing systems.

  • Researchers have already used GhostPlay to train the fire control system of the German Gepard self-propelled anti-aircraft gun to better fight drone swarms.

🛠️AI Tools of the Week

 🛒 CopyMonkey - AI-powered Amazon Listing Optimization Expert

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🖥Flair AI - Design realistic product photos

  • Design platform that uses artificial intelligence to create high-quality product photos without the need for a physical photoshoot.

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👩‍💻 Scale AI - Leverage your enterprise data and build LLMs

  • Data labeling and training services for artificial intelligence models. Helps businesses create and manage high-quality datasets that can be used to train AI models.

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🎨AI Art Corner

Check out this AI generated music video from MidJourney’s generative AI, shared by AiArt on Youtube!

🤣AI Joke of the Day

Why did the Wi-Fi and the computer get married? Because they had a connection. 📶💻

🔝Your Request, Our Priority: Let’s get Started!

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Thanks for the Support,

Start AI Team 😁

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