Category Technology/Electronics

Generative AI brings us Closer to Automating Investment Expertise

Credit: CC0 Public Domain

Large language models (LLMs) such as ChatGPT and Google Gemini excel at being trained on large data-sets to generate informative responses to prompts. Yi Cao, an assistant professor of accounting at the Donald G. Costello College of Business at George Mason University, and Long Chen, associate professor and area chair of accounting at Costello, are actively exploring how individual investors can use LLMs to glean market insights from the dizzying array of available data about companies.

Their new working paper, appearing in SSRN Electronic Journal and co-authored with Jennifer Wu Tucker of the University of Florida and Chi Wan of University of Massachusetts Boston, examines AI’s ability to identify “peer firms,” or product market competitors in an industry.

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Researchers Propose a Smaller, more Noise-Tolerant Quantum Circuit for Cryptography

algorithm
Credit: Pixabay/CC0 Public Domain

The most recent email you sent was likely encrypted using a tried-and-true method that relies on the idea that even the fastest computer would be unable to efficiently break a gigantic number into factors.

Quantum computers, on the other hand, promise to rapidly crack complex cryptographic systems that a classical computer might never be able to unravel. This promise is based on a quantum factoring algorithm proposed in 1994 by Peter Shor, who is now a professor at MIT.

But while researchers have taken great strides in the last 30 years, scientists have yet to build a quantum computer powerful enough to run Shor’s algorithm.

As some researchers work to build larger quantum computers, others have been trying to improve Shor’s algorithm so it co...

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Scientists Invent a Hot-Emitter Transistor for Future High Performance, Low-Power, Multifunctional Devices

Chinese scientists invent a hot-emitter transistor
A hot-emitter transistor based on stimulated emission of heated carriers. Credit: IMR

Transistors, the building blocks of integrated circuits, face growing challenges as their size decreases. Developing transistors that use novel operating principles has become crucial to enhancing circuit performance.

Hot carrier transistors, which utilize the excess kinetic energy of carriers, have the potential to improve the speed and functionality of transistors. However, their performance has been limited by how hot carriers have traditionally been generated.

A team of researchers led by Prof. Liu Chi, Prof. Sun Dongming, and Prof...

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Eco-friendly Cooling Device with Record-Breaking Efficiency

Researchers at the School of Engineering of the Hong Kong University of Science and Technology (HKUST) have developed an eco-friendly refrigeration device with record-breaking cooling performance in the world, setting to transform industries reliant on cooling and reduce global energy use. With a boost in efficiency of over 48%, the new elastocaloric cooling technology opens a promising avenue for accelerating the commercialization of this disruptive technology and addressing the environmental challenges associated with traditional cooling systems.

Traditional vapor compression refrigeration technology relies on refrigerants of high global warming potential...

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