A few weeks ago, while cursing NJ Transit under my breath, I decided to screw it and call an Uber. I’m the sort of anxious where, once hailed, I stare at the Uber app on my phone until my driver arrives. Except this time, I didn’t have to. I pinchy pinched, and I could see a live Uber widget in the Smart Stack on my Apple Watch. It was a small moment — the kind where you quirk your head and go, “Well, would you look at that?”
Technology
watchOS 11 puts a Dynamic Island on your wrist
I’ve had a few of those moments while testing watchOS 11 these past few months, both in the beta and while reviewing the new Series 10. This year’s software update adds Live Activities to the wrist as well as suggested widgets to the Smart Stack. The latter pop up based on time, date, location — context clues, essentially. When it’s about to rain and you happen to look at your wrist, you might notice the weather widget pops up first. On a plane, I look down and can see how much time is left until landing from the United app. Other times, usually in bustling cafes, I see the Shazam widget. It’s never when I actually don’t know the song, but I see it enough times to take note. If you travel abroad, the new Translate app will automatically pop up in the stack.
In practice, you might never notice it. For one, you have to be looking at your wrist. Live Activities — think directions from Citymapper or Google Maps, Uber, etc. — are a bit more eye-catching simply because they’re live. But everything else? It just sort of happens. Outside of fitness, most people tell me they use their smartwatches to triage notifications. This feels like an evolved version of that. When it works, it sort of fades into the background. I dig Live Activities on my phone, but I love it on the wrist.
watchOS 11 is full of neat little things you stumble upon. For instance, double tap has been improved so that you can actually use it to scroll through apps. Last year, it was mostly limited to selecting actions. It feels less gimmicky this way, and I find myself using it much more often. You can also now hold down the Ultra’s Action Button to change what it does. It’s infinitely easier to switch things up compared to rifling through the settings menu. You can now use the digital crown to adjust volume on the Apple TV.
Apple Intelligence may not be coming to the Apple Watch, but these are the sort of updates that actually feel smart. The most AI-like update is in the revamped Photos watchface. There’s now “intelligent photo discovery” where a machine learning algorithm identifies the best photos, composition, and facial expressions for a watchface. It’s impressive in both good and bad ways.
The bad: when I initially added the watchface a few months ago, I didn’t think much about including people, pets, nature, or city images. I just let it do its thing. An artfully composed watchface of my mother’s funeral popped up. I laughed about it. After all, I’m the sentimental biddy who had to document everything and can’t bring myself to delete painful photos. Hard to blame a non-sentient algorithm. If not a dead mom, it could’ve easily been an ex-lover or friend. The moral is algorithms are smart and photos are emotional, but AI is not emotionally smart.
The good: when you’re intentional about which photos are allowed, this watchface is a delight. I turned off the people, nature, and city images and zeroed in on my pets. Now, every time I look down at my wrist, I’m filled with instant serotonin. In black and white, my goober cats are stunning panthers. Sometimes, I just sit there tapping away staring at their beautiful, derpy faces.
It’s funny. Back when watchOS 11 was first announced in June, I thought the fitness updates would be my favorite. Things like Training Load, Vitals, and the ability to pause your Activity Rings were long overdue. (I’ve already written about them, and my opinion remains that they are stellar additions.) But on the whole, I’ve more or less been more enamored with all the little tidbits that add up to a smarter, more personalized experience. Now, if you’ll excuse me, I’m about to order food on Grubhub and see if I can track my dinner from the wrist.
Technology
James McAvoy and Tom Brady fall for ‘Goodbye Meta AI’ hoax
More than 600,000 people, including many celebrities, have fallen for a hoax claiming to deny Facebook and Instagram owner Meta the right to use their images for training artificial intelligence (AI).
Film stars James McAvoy and Ashley Tisdale, as well as former NFL player Tom Brady, are among those who re-shared the fake “Goodbye Meta AI” message on Instagram stories.
The hoax claims that by sharing the message, Meta would no longer be able to use their information.
In reality, Facebook and Instagram users who want to opt out of AI training can do so in their account settings – and posting about it does nothing.
Many of these messages have now been labelled “false information” by Lead Stories, one of Meta’s third-party fact-checking sites.
The post appears to have been created in opposition to Meta’s announcement in June that it will use public posts to train its AI model – but the company has confirmed to the BBC that posting the message has no impact on any user’s privacy settings.
“Sharing this story does not count as a valid form of objection,” a Meta spokesperson said.
Lead Stories pinpointed the origin of the trend to a post on Facebook on 1 September, which used slightly different wording to the version that eventually went viral.
But it was not until this week – when large celebrity accounts began to share the post – that the craze took hold, with Google Trends displaying a steep spike in searches for the phrase “Goodbye Meta AI” after 24 September.
It is far from the first time that social media has been dominated by such “copypasta” – a term meaning a block of text that is “copied and pasted” frequently online.
The fact-checking website Snopes has covered several instances from the past decade of users declaring their privacy rights in public messages to no avail.
But it is rare to see quite so many high-profile accounts fall for the hoax.
Plans for other social media companies to train AI models on public posts have also been met with criticism, with LinkedIn this week reversing its decision to do so in the UK.
Science & Environment
10 things to watch in the stock market Wednesday, including automaker downgrades
Top 10 things to watch Wednesday, Sept. 25
— Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks.
1. The S&P 500 is on track for a muted open Wednesday following another record close Tuesday. Club holding Nvidia helped lift the market Tuesday but earnings loom from fellow chipmaker Micron. Our trusted momentum indicator, the S&P Short Range Oscillator, remains very overbought.
2. Morgan Stanley’s well-known auto analyst Adam Jonas downgraded his view on the U.S. auto industry to “in line” from attractive while also lowering his ratings on Ford, General Motors and Rivian. Jonas cited a range of factors for his sector downgrade, including Chinese competitors and vehicle affordability in the U.S. We sold out of Ford earlier this year.
3. Tyson Food was downgraded to a sell-equivalent underweight at Piper Sander on worsening beef margins and rising chicken supply. Shares, down more than 4% over the past month, were lower Wednesday.
4. KeyBanc upgraded DoorDash to an overweight buy and lifted its price target on the food delivery platform to $177 a share. Analysts said they’ve become more confident in DoorDash’s ability to sustain gross order volume growth and demonstrate operating leverage. The firm also raised its price target on Uber to $90 on a belief that cost discipline can further boost earnings.
5. Wells Fargo upgraded oilfield services provider Baker Hughes to overweight from a hold-equivalent, citing its diversified business model. It lowered its price targets on peers Halliburton and SLB to reflect a more muted macro outlook. Despite a lift Tuesday on China stimulus news, oil prices have been trending lower since the spring.
6. Baird analysts added Foot Locker to their “Bearish Fresh Pick Trading Call” list through November, which means they are negative on the stock over that stretch. They cited what they see as signs of softer spending trends and lower near-term sales visibility. CNBC’s Gabrielle Fonrouge had a nice look at Foot Locker’s turnaround efforts earlier this week.
7. Hewlett Packard Enterprise was upgraded to a buy-equivalent overweight at Barclays on growing AI server revenues, improvement in storage, and accretion from the Juniper Networks deal. The server makers like HPE, Super Micro Computer and Dell Technologies have been a closely followed group this year.
8. Evercore ISI downgraded Union Pacific to a hold-equivalent in line rating from outperform. Analysts think the railroad stock looks fully valued at around $249 a share based on its medium-term earnings outlook.
9. Expedia was downgraded to hold at Cowen on a slower turnaround in its business-to-consumer operations, which include vacation rental platform Vrbo and Hotels.com. Those brands have been losing share, according to analysts.
10. Oppenheimer cut its price target on Club holding Alphabet to $185 a share due to uncertainty on the Department of Justice’s antitrust pursuits. The company lost a case last month over its Google Search business and is in currently in court to defend its advertising business against monopoly allegations.
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Servers computers
42U Adjustable 4 Post Frame Server Rack Cabinet – 4POSTRACK42 | StarTech.com
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Technology
AI can predict tipping points for systems from forests to power grids
AI can predict when complex systems like forests, animal populations or the power grid will suddenly start behaving very differently. Identifying such tipping points may help avert disastrous collapses in biology or human infrastructure.
“History is full of harmful critical transitions, such as financial market crashes, disease outbreaks and blackouts,” says Gang Yan at Tongji University in China.
To make predicting such transitions more precise, he and his colleagues combined two different types of…
Science & Environment
Sam Altman-backed nuclear startup Oklo to start site work for Idaho microreactor
An artist rendering of the Oklo powerhouse, called the Aurora. Image credit: Gensler
Image courtesy Oklo
Nuclear startup Oklo is moving closer to initial construction of its first commercial microreactor, CEO Jacob DeWitte told CNBC in an interview.
Oklo has received the greenlight from the Department of Energy to conduct site investigations for the planned reactor at Idaho National Laboratory in Idaho Falls, the company announced on Wednesday.
“This sets the stage for doing all the initial site … prep work, and what I would call initial construction activities,” DeWitte said. He expects Oklo to break ground at the Idaho site in 2026, with plans to have the reactor up and running by the following year.
Oklo, however, still needs approval from the Nuclear Regulatory Commission to build and operate the plant after its first application was rejected in 2022. The CEO acknowledged there’s a risk the 2027 start date gets pushed out depending on how long the NRC review takes.
Oklo, which aims to build, operate and directly sell power to customers under long-term contracts, went public in May through a merger with OpenAI CEO Sam Altman’s SPAC, AltC Acquisition Corp. Altman serves as Oklo’s chairman.
Electric demand is projected to surge. The tech sector has been feverishly building data centers to handle the power-intensive computations needed for artificial intelligence, while domestic manufacturing is expanding and the economy becomes increasingly electrified.
The company’s microreactors, called Aurora, promise smaller and simpler designs that will range in size from 15 megawatts to as much as 100 megawatts or more. The average nuclear reactor in the current U.S. fleet is around 1,000 megawatts, according to the Department of Energy.
‘Industry has radically fallen short’
Oko’s stock has gained nearly 26% since Constellation Energy unveiled plans Friday to restart Three Mile Island nuclear plant to help power Microsoft’s data centers. Its shares are down 54% since its NYSE debut.
DeWitte said the Three Mile Island restart is a “testament” to how much the tech sector sees “energy going up and how important it is to lock-in secure supplies of it.”
“What we’re seeing is hyperscalers taking the approach of trying to secure large capacity from existing plants to the greatest extent that they can, which makes sense, because some of that can be the nearest-term power delivery,” DeWitte said.
But the nuclear “industry has radically fallen short of its ability to keep up with the market interest,” DeWitte said. “The challenge has just been the industry’s offerings in terms of product, the business model and ability to execute, have just been horrible,” he said.
“All of that is elements around which disruption has needed to take place to sort of change the paradigm,” he said. “And that’s where we really taken a different angle.”
NRC review crucial
Oklo, however, has faced its own challenges. The NRC rejected Oklo’s first license application due to missing safety information. It plans to file its application again in 2025, DeWitte said. It is currently in a pre-application review process, he said.
DeWitte attributed the denial of Oklo’s first application to disruptions caused by the Covid-19 pandemic that prevented in-person audits. Oklo submitted its application on March 11, 2020, the day the World Health Organization declared a pandemic.
“Everything changed,” DeWitte said of the pandemic’s impact on the review process. “This missing information was largely missing through communication challenges,” he said.
The CEO acknowledged the NRC review could delay the 2027 start date for the Idaho microreactor: “There’s definitely risk. At the end of the day, we can’t control the NRC review timeline,” he said.
Oklo could get a tailwind from the recently enacted ADVANCE Act, which directs the NRC to speed up decisions on license applications to build and operate reactors.
Future business
DeWitte said Oklo’s business is not contingent upon when the Idaho plant goes online. The company has 1,350 megawatts of interest through letters of intent with potential customers, a 93% increase from 700 megawatts in July 2023, according to the company’s recent earnings presentation.
The CEO said Oklo aims to bring plants online “in multiples per year” starting in 2028 to 2029. “From there, it’s really a game about scaling up the supply chain accordingly,” he said.
Oklo’s microreactors are a good fit for data centers, which are built out in individual halls with energy needs of less than 50 megawatts, about the size of the company’s plants, he said.
“They kind of build them out in modules that are pretty similar to what we power, that’s very much on purpose, and so we can build up with them,” DeWitte said.
Nuclear fuel has been a big constraint on Oklo, DeWitte said. In May, the U.S. banned uranium imports from Russia, which made up about 35% of the U.S. nuclear fuel imports. The Biden administration is investing $2.7 billion to stand up domestic production.
Oklo has a partnership with Centrus Energy, a U.S.-based nuclear fuel supplier. Centrus began enrichment operations in Piketon, Ohio, last October, but the domestic supply chain isn’t producing at the scale needed today, DeWitte said. However, Oklo has secured the fuel it needs for the Idaho plant.
The company’s rectors will have the ability to recycle fuel, which will help to diversity its supply chain, DeWitte said. But recycled fuel likely won’t be available in meaningful quantities until 2029 or beyond, he said.
Oklo posted a net loss of $53 million for the six months ended June 30. The company has not generated any revenue yet. That will come when it generates power at its first plant.
“Once we turn on that revenue operation, you’re usually locked into a 20-year — and in some cases, potentially longer — power purchase agreements,” CEO said. “You’re going to be getting the revenues for the next 20 years and then growing from there.”
Technology
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