Discover the Future: 3D Doom, AI Breakthroughs, and More!
Welcome to our latest edition, brimming with cutting-edge innovations and crucial updates.
In this exciting issue, we explore groundbreaking advancements reshaping various fields. From a volumetric 3D Doom experience created by a creative graphics engineer to a revolutionary new open-source AI model setting benchmarks, we've got a lot to share. We'll also delve into vital cybersecurity updates, compelling tech stories, and significant economic insights. Prepare to be informed and inspired!
Doom's transformation into a 3D adventure using volumetric displays
Breakthrough in open-source AI with Reflection 70B model
Pivotal cybersecurity news and recent attacks
Insights on economic developments and upcoming tech events
Latest advancements in medical technology with nanorobots
Significant AI regulatory updates and their implications
Now, let's dive deeper into these captivating stories and see how these innovations and updates shape our world.
A Newsletter for Visionaries, Innovators, and Leaders. For more information, visit our website: https://thirdspace.ventures
📰 Feature Articles
Playing Doom in 3D: A Voxel Adventure on a Volumetric Display
James Brown, a graphics engineer from Weta Workshop, has taken his love for unique displays to the next level by creating a spinning volumetric display that brings Doom to life in 3D. His setup, which spins a 2D panel to create a hologram-like 3D image, showcases "Voxel Doom," where each pixel exists in 3D space. Brown's journey, documented over the past year, includes not just Doom but other 3D renderings like lunar landers and dinosaurs, all on his mesmerizing light display. (The Verge)
Reflection 70B: The New King of Open-Source AI
HyperWrite has unveiled Reflection 70B, a groundbreaking open-source AI model built on Meta’s Llama 3.1-70B. This model introduces a novel "reflection-tuning" technique that allows it to self-correct errors, making it more reliable and accurate than previous models. Reflection 70B has outperformed top-tier models in benchmarks like MMLU and HumanEval. HyperWrite is also set to release a more powerful version, Reflection 405B, which could surpass proprietary models. By partnering with Glaive AI for synthetic data generation, Reflection 70B means a major leap forward for open-source AI. (VentureBeat)
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🗞️ In Other News
The impact of AI on elections is overstated, diverting attention from more significant democratic threats. (MIT)
Transport for London faced staff system disruptions after a cyberattack, but public transport services remain unaffected. (Bleeping Computer)
David Pocock has called for banning AI deepfakes in elections, using fabricated videos of Albanese and Dutton to highlight the risks. (TheGuardian)
Donald Trump proposed that Elon Musk lead a "government efficiency commission," despite Musk's troubled track record on Twitter. (Futurism)
Blue Origin's New Glenn rocket's maiden flight is delayed to 2025, with a November launch now planned. (TechCrunch)
Proximity resilience graphs help CISOs effectively communicate cyber risk by visualizing evolving threats and resilience. (Dark Reading)
Hackers from the ransomware group RansomHub threatened to leak 93 GB of Planned Parenthood's sensitive data after a cyberattack. (Wired)
Scientists have developed magnetic nanorobots that could treat brain aneurysms non-surgically, delivering clotting medications to the affected area. (TheRegister)
A new global AI treaty to protect human rights has sparked debate over whether increased regulation will stifle AI innovation. (PYMNTS)
Researchers from Boston University developed NeuPh, a neural framework that enhances high-resolution image reconstruction. (TechXplore)
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📈 Market Updates
The U.S. will release August inflation figures, with consumer price data due Wednesday and producer price data on Thursday. The European Central Bank will announce a quarter-point interest rate cut on Thursday. In corporate news, Oracle will report Q1 earnings on Monday, with growth driven by its cloud services. A U.S. presidential debate between Kamala Harris and Donald Trump takes place on Tuesday, which could heighten market volatility. Investors will be closely watching these developments for potential market impact. (CMC Markets)
The upcoming week will focus on inflation data and Apple's iPhone event. Investors are closely watching for the August Consumer Price Index (CPI) report on Wednesday, which will provide insights into the Federal Reserve's rate decision at its September 18 meeting. Analysts expect a 2.6% annual increase for headline CPI and 3.2% for core CPI. In corporate news, Apple will host its iPhone event on Monday, with earnings reports from Adobe and Kroger throughout the week. Additionally, consumer sentiment data and jobless claims will offer further clues about the economic outlook. (Yahoo! Finance)
Weekly Overview
Monday
NY Fed One-Year Inflation Expectations (August): Prior: 2.97%
Wholesale Inventories (July, final): Expected & Prior: 0.3%
Earnings: Oracle (ORCL), Rubrik (RBRK)
Tuesday
NFIB Small Business Optimism (August): Expected & Prior: 93.7
Earnings: Academy Sports & Outdoors (ASO), Dave & Buster's (PLAY), GameStop (GME), Petco (WOOF)
Wednesday
CPI (August, MoM): Expected & Prior: +0.2%
Core CPI (August, MoM): Expected & Prior: +0.2%
CPI (August, YoY): Expected: +2.6%, Prior: +2.9%
Core CPI (August, YoY): Expected & Prior: +3.2%
Real Average Hourly Earnings (August, YoY): Prior: +0.7%
Earnings: Manchester United (MANU), Vera Bradley (VRA)
Thursday
Initial Jobless Claims (Week ending Sept. 7): Expected: 230,000, Prior: 233,000
PPI (August, MoM): Expected: +0.2%, Prior: +0.1%
PPI (August, YoY): Expected: +0.2%, Prior: 0%
Earnings: Adobe (ADBE), Big Lots (BIG), Kroger (KR), RH (RH)
Friday
Import Price Index (August, MoM): Expected: -0.3%, Prior: +0.1%
University of Michigan Consumer Sentiment (September, preliminary): Expected: 68.0, Prior: 67.9
Earnings: No notable earnings
😎 Good Reads and Writers
Financial Freedom is not free, but the treasure is worth the pursuit! Learn to manage your own wealth. Substack Featured 3x. (Not Your Advisor x NYUGrad)
Market beating stocks in 5 min. Picked by elite traders, delivered weekly to your inbox pre-market. (Money Machine Newsletter)
Weekly analysis of QQQ and financial charts. This is not investment advice, always do your own due diligence. (QQQ notes)
📘 Useful Tools and Resources
Equip your business for success with Acer's essential laptops, desktops, monitors, and accessories. (Acer)
Dose for Excel enhances your Excel with over 100 new features and functions to boost productivity. (Dose for Excel)
Remixable automates all the key steps to running a successful Internet business. (Remixable)
Sqribble is the all-in-one fast & easy solution for Ebooks. (Sqribble)
🎉 Speakers and Events
FinovateFall New York September 9 - 11, 2024 (Finovate)
The ET Soonicorns Summit Bengaluru September 20, 2024 (Economic Times)
TradersEXPO Orlando October 17 - 19, 2024 (MoneyShow)
AI AI Boston October 16 - 18, 2024 (AI Accelerator Institute)
✅ Interactive Poll
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🤟 Closing Remarks
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