25 superph TORONTO — When Geoffrey Hinton strode across the Stockholm Concert Hall stage Tuesday to receive his Nobel Prize for physics from King Carl XVI Gustaf of Sweden, he was beaming. It has taken decades for many beyond the science community to realize the British Canadian computer scientist's life's work was so significant it eventually formed the foundation of artificial intelligence. But on Tuesday, as he accepted the Nobel diploma and its accompanying gold medal with co-laureate John Hopfield, there was no question about the importance of Hinton's discoveries nor how he has shaped history. Instead, there was only pride for the affable 77-year-old, often called the godfather of AI — and that pride stretched from Stockholm to Toronto. A crowd of about 100 students and colleagues at the University of Toronto, where Hinton is a professor emeritus, gathered at the school's downtown campus to watch the Nobel ceremony. Two other watch parties took over the school's Mississauga and Scarborough campuses. Any mention of physics or a sighting of Hinton, clad in a dark suit and white bow tie, generated rousing applause at the Toronto gathering. When the man of the hour headed to retrieve his accolade from the King, a few former students and colleagues wiped tears from their eyes. "There is, at least for me, this sense that Prof. Hinton created the whole ecosystem here, where there are thousands of people who are working on his ideas," Michael Guerzhoy, one of Hinton's former students who went on to teach a course Hinton had once led at the university, said before the ceremony began. The idea that earned Hinton the Nobel dates back to the 1980s, when he was working at Carnegie Mellon University in Pittsburgh and AI was far from the buzzy technology it is today. It was then that Hinton developed the Boltzmann machine, which learns from examples, rather than instructions, and when trained, can recognize familiar characteristics in information, even if it has not seen that data before. "It was a lot of fun doing the research but it was slightly annoying that many people — in fact, most people in the field of AI — said that neural networks would never work," Hinton recalled during a press conference on the October day he was named as a Nobel laureate. "They were very confident that these things were just a waste of time and we would never be able to learn complicated things like, for example, understanding natural language using neural networks — and they were wrong." Neural networks are computational models that resemble the human brain's structure and functions. When Nobel physics committee chair Ellen Moons presented Hinton to receive his award, she said these networks are good at sorting and interpreting large amounts of data and self-improve based on the accuracy of the results they generate. "Today, artificial neural networks are powerful tools in research fields spanning physics, chemistry and medicine, as well as in daily life," she said. John DiMarco wasn't surprised that Hinton's work paved the way for such possibilities, but the IT director for U of T's computer science department was taken aback that Hinton's Nobel came in the unlikely physics category. DiMarco met Hinton roughly 35 years ago in a job interview and quickly took note of his proclivity for humour and the quirks in how his mind works. "He is quite insightful and he goes straight to the core of things," DiMarco said. "He would sometimes come out of his office and share some new idea. We didn't always understand what he was sharing, but he was very excited about it." Many of those ideas required lots of computing power the school's systems didn't have, so DiMarco's team patched together a solution with graphics processing units from video game consoles. DiMarco brought one of Hinton's GPUs to the watch party, which was also attended by Joseph Jay Williams, the director of U of T's Intelligent Adaptive Interventions Lab. Williams took one of Hinton's classes and said the Nobel winner "changed the course of my life" by encouraging him to go to grad school, which then led him to win the XPRIZE Digital Learning Challenge, a global competition aimed at rewarding people who modernize learning tools and processes. Other notable mentees and alumni of Hinton's classes include OpenAI co-founder Ilya Sutskever and Cohere co-founders Nick Frosst and Aidan Gomez. With his Nobel win and so many esteemed protege, Williams said Hinton has become a "reluctant celebrity" who is hounded for photos every time he's on campus. Hinton, however, has taken a much more humble approach to his recent win, which he learned of on a trip to California. He initially thought the call from the academy that gives out the Nobel was "a spoof," but later realized it had to be real because it was placed from Sweden and the speaker had a "strong Swedish accent." The award the academy gave him comes with 11 million Swedish kronor (about $1.4 million) from a bequest arranged by Swedish inventor Alfred Nobel. Hinton and Hopfield will split the money, with some of Hinton's share going to Water First, an Ontario organization working to boost Indigenous access to water, and another unnamed charity supporting neurodiverse young adults. Hinton has said he doesn't plan to do much more "frontier research." "I believe I'm going to spend my time advocating for people to work on safety," he said in October. Last year, Hinton left a role he held at Google to more freely speak about the dangers of AI, which he has said include bias and discrimination, fake news, joblessness, lethal autonomous weapons and even the end of humanity. At a Stockholm press conference over the weekend, he said he doesn’t regret the work he did to lay the foundations of artificial intelligence, but wishes he thought of safety sooner. “In the same circumstances, I would do the same again,” he said. This report by The Canadian Press was first published Dec. 10, 2024. Tara Deschamps, The Canadian PressCubs Open to Trading Seiya Suzuki Amidst Roster Revamp?

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December 2024 Monthly Dividend of $0.12 Per Share of Common Stock RMBS Portfolio Characteristics as of November 30, 2024 Next Dividend Announcement Expected January 8, 2025 VERO BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of December 2024. The dividend of $0.12 per share will be paid January 30, 2025 to holders of record of the Company’s common stock on December 31, 2024, with an ex-dividend date of December 31, 2024. The Company plans on announcing its next common stock dividend on January 8, 2025. The Company intends to make regular monthly cash distributions to its holders of common stock. In order to qualify as a real estate investment trust (“REIT”), the Company must distribute annually to its stockholders an amount at least equal to 90% of its REIT taxable income, determined without regard to the deduction for dividends paid and excluding any net capital gain. The Company will be subject to income tax on taxable income that is not distributed and to an excise tax to the extent that a certain percentage of its taxable income is not distributed by specified dates. The Company has not established a minimum distribution payment level and is not assured of its ability to make distributions to stockholders in the future. As of December 10, 2024 and November 30, 2024, the Company had 79,849,645 shares of common stock outstanding. As of September 30, 2024, the Company had 78,082,645 shares of common stock outstanding. RMBS Portfolio Characteristics Details of the RMBS portfolio as of November 30, 2024 are presented below. These figures are preliminary and subject to change. The information contained herein is an intra-quarter update created by the Company based upon information that the Company believes is accurate: RMBS Valuation Characteristics RMBS Assets by Agency Investment Company Act of 1940 (Whole Pool) Test Results Repurchase Agreement Exposure by Counterparty RMBS Risk Measures About Orchid Island Capital, Inc. Orchid Island Capital, Inc. is a specialty finance company that invests on a leveraged basis in Agency RMBS. Our investment strategy focuses on, and our portfolio consists of, two categories of Agency RMBS: (i) traditional pass-through Agency RMBS, such as mortgage pass-through certificates and collateralized mortgage obligations issued by Fannie Mae, Freddie Mac or Ginnie Mae, and (ii) structured Agency RMBS. The Company is managed by Bimini Advisors, LLC, a registered investment adviser with the Securities and Exchange Commission. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements include, but are not limited to, statements about the Company’s distributions. These forward-looking statements are based upon Orchid Island Capital, Inc.’s present expectations, but these statements are not guaranteed to occur. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023. Contact: Orchid Island Capital, Inc. Robert E. Cauley 3305 Flamingo Drive, Vero Beach, Florida 32963 Telephone: (772) 231-1400

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