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Casper Labs and IBM Consulting Collaborate to Enhance Transparency and Auditability for AI Systems

Casper Labs, the enterprise blockchain software and services provider, has announced a partnership with IBM Consulting to develop a blockchain-powered solution that aims to improve transparency and auditability in AI systems. By leveraging Casper Labs' blockchain technology and IBM's watsonx.governance, the solution will establish an additional layer for governing AI training data, allowing organizations to track and audit changes made to generative AI models.The collaboration between Casper Labs and IBM Consulting comes in response to the challenges faced by...

Columbia CollegePhoto Contest Winners Share Study Abroad Experiences

A Paris opera house, a quaint forest town in Czechia, a Dublin beach that seemed to never end — these are some of the scenes that took first place in the Center for Undergraduate Global Engagement’s 2023 photo contest. The annual contest asks students to share images from their study abroad experiences in a range of categories. We recently caught up with some of the CC winners to get the story behind their images.One of the winners, Linnea Hopkins-Ekdahl CC’24, captured a stunning photo in Karlštejn, Czechia, on her Nikon 35mm film camera. She described the town as...

900+ Toys and 150+ Coats Donated to Local Orgs As Part of Columbia Community Service Winter Drives

Columbia Community Service (CCS) recently concluded its 25th Annual Toy Drive and Winter Coat Drive, and the results are impressive. The community came together during the busy holiday season to support these beloved traditions, and the generosity shown was overwhelming.A total of 988 toys were donated to CCS grantees organizing toy distribution. This represents a significant increase of 112% compared to the previous year. The toys will be distributed to organizations such as Advancing the Community of Tomorrow, Association to Benefit the Children, Cathedral Community...

Cash Accumulates at Euroclear Bank Due to Sanctions on Russia

Cash is piling up at Euroclear Bank as a result of sanctions imposed on Russia by various governments, including the United States, the European Union, and Japan. These sanctions have immobilized the Bank of Russia's reserve assets, meaning that the assets remain under the bank's ownership but cannot be moved. Euroclear, the Brussels-based international central securities depository, is holding the majority of these immobilized assets.The balance sheet of Euroclear Bank has grown more than fivefold since early 2022, indicating the significant accumulation of cash. While...

GE Vernova to Supply 2.4 GW of Wind Power for Pattern Energy's SunZia Project

GE Vernova's Onshore Wind business has announced a new equipment and long-term services deal with Pattern Energy to provide 2.4 gigawatts (GW) of power at the SunZia Wind project in New Mexico. The project is expected to be the largest wind project in the Western Hemisphere at over 3.5 GW total project size. This order is the largest single onshore wind turbine order ever received by GE Vernova.Scott Strazik, CEO of GE Vernova, expressed his pleasure in supporting Pattern Energy on this monumental project, highlighting the key role wind power plays in delivering renewable...

Halil Beqaj Balances Medical Training with Marathon Running

Halil Beqaj, a medical student at Columbia’s Vagelos College of Physicians & Surgeons, is set to graduate this spring with both a medical degree and a Master of Science in Biomedical Sciences. Beqaj's journey at Columbia has been marked by his passion for science and his desire to make a difference in the field of medicine.From a young age, Beqaj was inspired by his father, a pathologist, who introduced him to the world of science. "My father helped me discover my passion for science at the earliest birthday I can remember," Beqaj recalls. "He got me a microscope for my...

CUNY Chancellor Welcomes Gov. Hochul's Transformative Agenda for New York

CUNY Chancellor Félix V. Matos Rodríguez has issued a statement expressing his support for Governor Hochul's 2024 State of the State address. The Chancellor commended the Governor for outlining a transformative agenda that addresses persistent health and economic inequalities through critical investments in academic and research opportunities.In his statement, Chancellor Matos Rodríguez highlighted the alignment between Governor Hochul's agenda and the values shared by the City University of New York (CUNY). He specifically mentioned CUNY's pride in joining the newly...

SBA Marks One-Year Anniversary of Veteran Small Business Certification Program

The U.S. Small Business Administration (SBA) is celebrating the one-year anniversary of the Veteran Small Business Certification (VetCert) program. This program has been instrumental in expanding federal contracting opportunities for Veteran-Owned Small Businesses (VOSBs) and Service-Disabled Veteran-Owned Small Businesses (SDVOSBs). Under the Biden-Harris Administration's commitment to supporting veterans and underserved populations, the VetCert program has approved over 10,400 applications from VOSBs and SDVOSBs with an impressive average processing time of just 15 days....

Carlyle will review fourth quarter and full year financial results and hold investor conference call

Carlyle Group Inc. has announced that it will be releasing its financial results for the fourth quarter and full year 2023 on Thursday, February 8, 2024. The company will also be hosting an investor conference call at 10:00 a.m. EST on the same day.

IBM study reveals consumer discontent in retail experiences and interest in AI-driven shopping

A new global study conducted by the IBM Institute for Business Value highlights a growing gap between consumer expectations and the current retail offering. The study, titled "Revolutionize retail with AI everywhere: Customers won't wait," surveyed nearly 20,000 global consumers and found that only 9% of respondents are content with in-store shopping, while 14% are satisfied with online shopping.

Small businesses' confidence in the economy is faltering

The Small Business Index has experienced a decline due to the lack of confidence small businesses have in the economy. The third quarter witnessed an eight-point drop in business confidence.

State policymakers attend Early Childhood Policy Academy at Stanford

State legislators from across the country recently gathered at Stanford University to participate in The Hunt Institute's Early Childhood Policy Academy. The three-day event, co-hosted by the Stanford Center on Early Childhood, aimed to educate policymakers on the importance of investing in early childhood development.

The Office of Financial Research published its 2023 US Financial Stability Report

The Office of Financial Research (OFR) has reported elevated threats to U.S. financial stability, concluding that the risks have increased since the previous year.

Psychoactive drug ibogaine shows promise in treating traumatic brain injury in military veterans

A new study conducted by researchers at Stanford Medicine has found that the psychoactive drug ibogaine, when combined with magnesium, effectively reduces symptoms of post-traumatic stress disorder (PTSD), anxiety, and depression, and improves functioning in veterans with traumatic brain injuries (TBI). The study, published in Nature Medicine, includes data from 30 veterans of U.S. special forces who underwent ibogaine treatment at a clinic in Mexico.

The annual inflation rate cooled from 3.7% to 3.2%, shows promise for cost of living becoming cheaper

Inflation has been slowing down as consumers' purchasing power is growing stronger.

How the Consumer Financial Protection Bureau is attempting to end the collection of inaccurate medical bills

The Consumer Financial Protection Bureau (CFPB) released a report that highlighted medical debt collection protection issues that consumers face. Efforts by states and the bureau are being taken to end the collection of inaccurate medical bills that sometimes consumers do not actually owe.

Prehire will provide more than $30 million in relief for illegal student lending practices

Consumer Financial Protection Bureau and 11 states announced that they ordered Prehired to provide over $30 million in relief for illegal student lending practices. This order is a result of Prehired's alleged illegal practices including false job placement promises, abusive debt collection practices, and "income share" loans.

Mastercard is making efforts to better detect crypto fraud with AI tie-up

Mastercard is doubling down on an effort to detect and stop crypto fraud with the help of AI. This initiative aims at enhancing the safety of financial transactions, especially those involving cryptocurrencies.

For the first time since 2007, yields on a 10-year treasury reached 5%

The yields on a 10-year treasury has reached 5% for the first time since 2007. Yields have jumped since they were at .50% early in the pandemic, reflecting a significant shift in financial markets and impacting consumer and corporate borrowing costs.

Insight from Board of Governors on banking capital requirement reforms

A speech was given by Michelle Bowman, Board of Governors, at a conference highlighting the impact that the capital requirements reform will have on banking.