Billionaire Michael Platt whose hedge fund used algorithm to generate poorer returns fined $170m

A hedge fund tied to a British billionaire who was caught on camera last year bragging about his wealth has been fined $170 million for lying to investors.  Hedge-fund manager 52-year-old Michael Platt who co-founded BlueCrest Capital Management and who is estimated to be worth $8 billion, boasted to a New York taxi driver last … Read more

Giant solar power station in SPACE could generate energy for Britain

Giant solar power station in SPACE could generate energy for Britain: Scientists could build a multi-billion pound satellite to match output of a nuclear plant… and there’s no need to worry about cloudy weather The government has ordered research into a multi-billion pound solar satellite British prototype called CASSIOPeiA would be a mile long and … Read more

Website lets people use AI to generate fake words like ‘rebutis’ and their corresponding definitions

Website lets people uses powerful AI to generate made up up words like ‘rebutis’ or ‘gggrxxx’ and their corresponding definitions ThisWordDoesNotExist lets people generate made up words and definitions The site uses a powerful AI made by the Elon Musk-backed OpenAI It was trained on the 8 million most upvoted Reddit posts  By James Pero … Read more

Scientists generate electrical current from moisture in the air

How to create electricity out of thin air: Scientists generate electrical current from moisture in the air and say it could soon be used to power smart watches ‘Air Gen’ device consists of a thin film of conductive nanowires made of protein   Fine pores between the nanowires generate a current between two electrodes Air Gen … Read more