Monthly Archives: November 2022

Stability AI backs effort to bring machine learning to biomed

Stability AI, the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. Called OpenBioML, the endeavor’s first projects will focus on machine learning based approaches to DNA sequencing, protein folding, and computational biochemistry. The company’s founders describe OpenBioML as an “open research…

A soft landing is a ‘very probable scenario,’ and Fed rate hikes to 5.25% would be a big overshoot, portfolio manager says

Federal Reserve Board Chairman Jerome Powell Alex Wong/Getty Images A soft landing is a “very probable scenario,” according to PGIM Fixed Income Senior Portfolio Manager Michael Collins.  He told Bloomberg TV on Friday that GDP growth slowing to 0%-2% would be a good outcome and would leave rates closer to 4%. Meanwhile, investors are now…

Discrimination against Black homeowners in the appraisal process: How to recognize it and what to do about it

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Creating an appraisal report isn’t an exact science, which leaves room for…