Slashdot

News for nerds, stuff that matters

The Bloomberg Terminal Is Getting an AI Makeover

An anonymous reader quotes a report from Wired: For its famous intractability, the Bloomberg Terminal has long inspired devotion, bordering on obsession. Among traders, the ability to chart a path through the software's dizzying scrolls of numbers and text to isolate far-flung information is the mark of a seasoned professional. But as a greater mass of data is fed into the Terminal -- not only earnings and asset prices, but weather forecasts, shipping logs, factory locations, consumer spending patterns, private loans, and so on -- valuable information is being lost. "It has become more and more untenable," says Shawn Edwards, chief technology officer at Bloomberg. "You miss things, or it takes too long."

To try to remedy the problem, Bloomberg is testing a chatbot-style interface for the Terminal, ASKB (pronounced ask-bee), built atop a basket of different language models. The broad idea is to help finance professionals to condense labor-intensive tasks, and make it possible to test abstract investment theses against the data through natural language prompts. As of publication, the ASKB beta is open to roughly a third of the software's 375,000 users; Bloomberg has not specified a date for a full release. Wired spoke with Edwards at Bloomberg's palatial London headquarters in early April, where he shared several examples of what ASKB can do. "With ASKB, I can create workflow templates. I can write a long query, and say, 'Hey, here's all the data I'm going to need. Give me a synopsis of the bull and bear cases, what the Street is saying, what the guidance is.' Now, I want to schedule [the workflows] or trigger them when I see this or that condition in the world."

As for what separates mediocre traders from the best, assuming both have access to the same data, Edwards said: "These tools are not magical. They don't make an average [employee] all of a sudden great. The difference will be your ideas. In the hands of experts, it allows them to do better analysis, deeper research -- to sift through 10 great ideas when they might have only had time for one. If you're a mediocre analyst, they'll be 10 mediocre ideas."

Read more of this story at Slashdot.

Google and Pentagon Reportedly Agree On Deal For 'Any Lawful' Use of AI

Google has reportedly signed a classified agreement allowing the Pentagon to use its AI models for "any lawful government purpose." While the deal is said to discourage domestic mass surveillance and autonomous weapons without human oversight, it apparently does not give Google the power to block how the government actually uses its models. The Verge reports: The agreement was reported less than a day after Google employees demanded CEO Sundar Pichai block the Pentagon from using its AI amid concerns that it would be used in "inhumane or extremely harmful ways." If the agreement is confirmed, it would place Google alongside OpenAI and xAI, which have also made classified AI deals with the US government. Anthropic was also among that list until it was blacklisted by the Pentagon for refusing the Department of Defense's demands to remove weapon and surveillance-related guardrails from its AI models.

Citing a single anonymous source "with knowledge of the situation," The Information reports that the deal states that both parties have agreed that the search giant's AI systems shouldn't be used for domestic mass surveillance or autonomous weapons "without appropriate human oversight and control." But the contract also says it doesn't give Google "any right to control or veto lawful government operational decision-making," which would suggest the agreed restrictions are more of a pinky promise than legally binding obligations.

Read more of this story at Slashdot.

UAE To Leave OPEC Amid Hormuz Oil Crisis

fjo3 writes: The United Arab Emirates announced Tuesday that it would exit the Organization of the Petroleum Exporting Countries (source paywalled; alternative source), or OPEC, along with the wider group of partners known as OPEC+, effective May 1, in what could be a blow to control over prices by the group, long led in practice by Saudi Arabia. The move "reflects the UAE's long-term strategic and economic vision and evolving energy profile" read an official statement carried by a UAE state news agency, as disruptions "in the Strait of Hormuz continues to affect supply dynamics."

[...] The UAE is the second Persian Gulf country to leave the group after Qatar terminated its membership in 2019. The UAE has been a member of OPEC since 1971. The latest departure leaves in place 11 core members: Algeria, Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia and Venezuela.

Read more of this story at Slashdot.

Bay Area Homeowner Offers Property In Exchange For Anthropic Stock

Bay Area homeowner and investment banker Storm Duncan is trying to swap a 13-acre Mill Valley property for Anthropic equity instead of cash. He created a LinkedIn page for the home, describing the move as a "diversification play" because he is "under-concentrated in AI investments relative to the importance of AI in the future, and over-concentrated in real estate." A young Anthropic employee, Duncan says, might be "in the exact opposite scenario." TechCrunch reports: Duncan is asking potential buyers to email him to discuss deal specifics, but he said it would be a private transaction that doesn't require the buyer to sell their stock outright. On LinkedIn, he also said the homebuyer would "continue to retain 20% of the upside value of the shares exchanged for the duration of the lockup period."

Duncan, who described himself as a longtime Bay Area resident who moved to Miami during the pandemic, bought the property in 2019 for $4.75 million. It's currently occupied by "a high-profile VC," he said, but he declined to identify the VC.

Read more of this story at Slashdot.

TIK TOK. Kabinet heeft nog tot 6 mei om te voorkomen dat DigiD in Amerikaanse handen valt

6 mei, zegt die datum u iets? Nou, ons wel, want het is de dag dat de Nederlandse regering gaat tekenen bij het kruisje van het uit handen geven van onze digitale soevereiniteit inzake DigiD. Dan wordt namelijk het contract met de in de etalage staande beheerder van deze best wel cruciale dienst verlengd (ondanks het feit dat vrijwel de hele Kamer TEUGEN is), en de afgelopen dagen is de regering vooral druk geweest met het rechtzetten van deze weeffout in onze digitale rechtsorde verdachtmaken en op non-actief zetten van klokkenluider Pieter van Oordt, die overigens gewoon doorvecht en hierrr nog even wijst op een interessant haakje in het internationaal Europees recht wat betreft de overname. Maar er is hoop! Een coalitie onder leiding van Pieter Omtzigt, met in de gelederen onder meer Brenno (Brenno!) de Winter, Marleen Stikker en Ferd 'de G. blijft toch de G.' Grapperhaus waarschuwt de regering in de Volkskrant VOOR DE LAATSTE KEER. "Tot 6 mei kan Nederland nog zonder veel extra kosten een andere keuze maken en ervoor zorgen dat DigiD en de Berichtenbox niet onder Amerikaanse controle komen. We roepen de regering op dat te doen. De tijdlijn is kort, nu de beslissing om over te stappen consequent is uitgesteld, maar onder druk wordt alles vloeibaar." Zei er niet iemand ooit: het kan wél?

Chipsoft: alle door hackers buitgemaakte data zijn vernietigd

Bij de cyberaanval stalen de hackers medische gegevens van zorginstellingen. Volgens de getroffen softwareontwikkelaar zijn de data niet gepubliceerd.

The Register

Biting the hand that feeds IT — Enterprise Technology News and Analysis

Don't pay Vect a ransom - your data's likely already wiped out

'Full recovery is impossible for anyone, including the attacker'

Organizations hit by the wave of Trivy and LiteLLM supply-chain compromises that paid Vect in hopes of recovering their data likely did not get much back, according to Check Point Research. That's because the ransomware Vect uses isn't actually ransomware at all, but a wiper that destroys any file larger than 128KB.…

Trump admin pays wind developers to quit, back fossil fuel projects

DoI offers up to $885M if they abandon offshore wind projects

As the Iran war pushes up energy prices, the Trump administration is paying offshore wind developers to walk away from projects and invest instead in fossil fuel infrastructure.…

Two of a Kind

Thomas Hawk posted a photo:

Two of a Kind

Grand Cayman

Thomas Hawk posted a photo:

Grand Cayman