Headline inflation remains unchanged in September 2023, while the core inflation continues to cool. The Bureau of Labor Statistics provided the data in October 2023 for the increased consumer price index in one year.

Based on the data provided by the Bureau of Labor Statistics, the urban consumer price index has noted that all items index has increased 3.7 percent year-over-year before seasonal adjustments in 12 months. This consumer price index increase is higher than a 3.6 percent annual increase. The core consumer price index reading remains constant at 4.1 percent but differs from August readings of 4.3 percent, a slowdown in the consumer price index. There is an increase of 0.4 percent in headline prices, and core prices increased 0.3…

The economic state of a country can be measured by its annual Gross Domestic Product (GDP). GDP acts as a tool to measure the financial strength of nations. World Bank releases the data for the GDP growth in the developing countries of East Asia and the Pacific in 2023.

According to the World Bank, the progress in the emerging nations of East Asia and the Pacific is expected to remain stronger by 5 percent in 2023. The GDP is anticipated to ease in the second half of 2023. In 2024, the Gross Domestic Product (GDP) rate for the East Asia-Pacific region is expected to boost by 4.5 percent, as per the data given by the World Bank. It implies that the area would face the worst recessions and crises in the last five decades, with a 4.5 percent…

The United States labor market in August 2023 reported a declining number of job openings in July 2023. The United States economy witnessed the availability of new jobs drop in July 2023, and the US market is losing momentum.

In July 2023, the number of job openings in the United States was 8.8 million, whereas in June, it was 9.2 million. According to the data, the total number of job openings have reduced by 338,000 from June 2023 to 8.827 million in July 2023. The job openings in the United States saw a significant decline from the previous records of June 2023. According to the job openings and labor turnover survey, this record is the lowest since March 2021. The situation prevails as the number of people quitting jobs, a measure of…

Leading U.S. based chip firm NVIDIA and Reliance industries in India have joined hands together and announced collaboration of two industrial giants in developing India’s own foundation large language model (LLM) in September 2023. This initiative will develop LLM trained in various Indian languages and adapted to incorporate generative artificial intelligence in it.

According to recent announcement by both the companies, NVIDIA and Reliance will work jointly to develop artificial intelligence infused infrastructure powerful than the India’s fastest computer at current.  NVIDIA will allow access to its highly advanced NVIDIA GH200 Grace Hopper Superchip and and NVIDIA DGX™ Cloud. The former one is the fundamental shift in computing…

Google is developing its technologies day by day by adding new features and safety tools to its existing models in 2023. Recently, the company has developed ideas for integrating generative AI into its businesses and other sectors. It has also applied generative AI for language models in some countries, enhancing the technical features in others. Recently, in August 2023, Google Chrome is the leading internet browser in the world, and it has maintained its position for a long time, being at the top of the list.

Google Chrome is the leading web browser in the world in 2023. Google's Chrome was questioned in 2008 as to why it was a web browser upon its release. According to the company, building a web browser was on their long list. Google…

The United States faced a shortage in water supply in the summer of 2023 due to specific weather events. The Energy Information Administration (EIA) declared to reduce the United States hydropower generation by 6 percent in 2023.

In the United States, more than half of the country's hydropower is generated in the Northwest region. According to EIA, loss of water supply due to more than average temperature in May 2023 has resulted in the loss of water supply. The loss of water supply is due to snow melting rapidly in the Northwest region of the United States in summer 2023, as measured by Snow Water Equivalent. Based on EIA's data, hydropower production in the first half of 2023 was 24 percent less in the Northwest region of the United…

The technology sector is meeting the need in the new era of generative artificial intelligence (AI) by updating features in their tools and services. Micron has launched the highest-capacity High Bandwidth Memory (HBM) to enhance the generative AI innovation in 2023.

Micron is the first company in the industry to have launched 8-high 24 GB HBM3 (High bandwidth Memory) Gen 2 (second generation) memory with a bandwidth greater than 1.2 terabyte per second and pin speed more than 9.2 Gigabyte per second in 2023. It is more than 50 percent of the improvement in the current High Bandwidth Memory solutions and Micron's HBM3 second generation high bandwidth memory to improve the memory capacity, enhancing the performance and lessening the CPU…

Generative artificial intelligence (AI) is gaining popularity in 2023 with its implications in the different security and technical advancements fields. Google is utilizing artificial intelligence for various tasks and tools. The company currently focuses on implementing artificial intelligence-powered cybersecurity solutions for the cloud. Google announced the same, featuring Duet AI, Mandiant, and others at the conference in August 2023.

The company is implementing generative AI into two to three security products to enhance the tools for easy usage, according to the new announcement on the implementation of generative AI in its security tools in 2023. Google is applying the generative AI Duet AI to security solutions in the Google…

The presence of certain metals in the environment can cause chronic effects on the health of an individual. The studies published in 2023 have proved that exposure to lead can cause death due to cardiovascular diseases.

According to the study, exposure to lead causes 5.5 million deaths from cardiovascular diseases. It says that exposure to lead is like health diseases caused by small particulates and household air pollution. Thus, health issues arising from exposure to lead can be three times more dangerous than those from unsafe drinking water, poor sanitation, and others. 

The study also adds that lead exposure in children can damage the 765 million intelligence quotients (IQ) for children under five worldwide in 2019. People worldwide…

Google search engine has been the most popular pathway to the internet for a long time to help people browse the web for various online information. Google search engines use web crawlers, software that enables users to browse the internet to search for web pages and them to the user's index.

Google rolled out its second core update in August 2023, and this rollout is expected to take up to 2 weeks to complete the process. According to the company, this is Google's second core algorithm update of 2023, as the first one came in March 2023. The company recently announced its August core update of 2023 on Twitter. Earlier in 2023, Google's parent company has also been noticed to generate higher revenue with advertising in the second quarter…

The electrification in transportation will help the environment to build up more sustainable growth, which was difficult with the conventional mode of vehicles. The rise in electric vehicle demand also makes a difference in the oil demand for traditional vehicles in 2023.

Surveys have shown that 2023 is expected to see 102 million barrels of oil consumption a day globally. Almost 50 percent of the oil consumption belongs to transportation by vehicles. The rise in electric vehicle production will mold the picture by replacing a portion of conventional cars in the automotive industry. Based on the survey reports, electric vehicles will achieve the target of displacing 20 million barrels of oil per day by 2040. The results also predicted that…

Google steps into its 15th year of success in September 2023; meanwhile, the company has announced some important updates on its Chrome. Recently, surveys have shown Google Chrome to be the leading web browser in 2023. Google is renovating Chrome in new ways and adding more features to the existing ones.

Google aims to build Chrome as a fast, secure, easy-to-access, and reliable web browser. Also, Chrome has achieved the fastest web browsers to load searches in benchmark tests in 2023. Google also integrated machine learning into Chrome for a more accessible browsing experience. With generative artificial intelligence in language models and other technical features, Google is progressing in business sectors. Therefore, on completion of 15…

Artificial intelligence has positively transformed the lives of individuals. The new trend of integrating artificial intelligence into the business facilitates the industry's financial, technical, and other works. Speech artificial intelligence (AI) helps to converse with customers to provide them with services and insights into the industry in 2023. Several startups in 2023 have embarked into the sector with Speech AI; Contiinex is one of the well-known speech AI startups to have raised USD 2 million in a pre-series A round from two venture fund houses in 2023.

Speech AI provides efficient solutions with easier usage to customers, thus making technological advances more convenient for consumers. With growing technological advancements,…

With artificial intelligence (AI) shooting its branches in all sectors of the economy in 2023, along with big corporates, it has made its prominence better in the entertainment industry. In July 2023, Netflix recently created a job posting for a machine learning platform (MLP) product manager who can pay a salary of USD 300,000 to USD 900,000 per year.

The MLP position aims at designing the job role by enhancing the grasp of Netflix's specific program and utilizing artificial intelligence in all aspects, business, and user recommendations, among other things. The job description indicates that it will help create great content and develop new algorithms for movies and shows. Also, the company says that it will be using artificial…