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CMA’s invitation for comment marks first step towards a probe into AI alliance that has become an industry template...
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Four crypto-focused companies including Riot Platforms Inc. and Coinbase Global Inc. have more than quadrupled so far this year amid the broader crypto market rally...
Continue ReadingApple shares are closing in on an all-time high, amid increasing Wall Street optimism that the company can return to growth in 2024 after a four-quarter run of revenue declines. Apple is up about 50% so far this year, rising 0.5% on Friday. At a recent $195.19, Apple is less than 1% below its all-time closing high of $196.45 on July 31...
Continue Reading(Bloomberg) -- Apps and websites that use artificial intelligence to undress women in photos are soaring in popularity, according to researchers.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesHunter Biden Indicted in Tax Case as White House Woes MountAmericans Rush to Portugal Ahead of Changes to Expat Tax BreaksIn September alone, 24 million p...
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Car manufacturers are facing more than 1.2m compensation claims following allegations that “defeat devices” were fitted to diesel vehicles to get around emissions tests, judges have been told...
Continue ReadingFile this under "Here we go again." The U.K.'s Competition and Markets Authority is seeking views from interested parties to address whether Microsoft's $10 billion investment in OpenAI has led to a "relevant merger situation," where two or more businesses have ceased or will cease to be distinct as a result of a transaction...
Continue ReadingGoogle's AI note-taking app is now available to all users in the United States who are at least 18 years old, the company announced on Friday. The experimental app is also getting a slew of new features and starting to use Gemini Pro, Google's new large language model, to "help with document understanding and reasoning." Once you upload documents to NotebookLM, the app can automatically generate summaries and suggest follow-up questions about the content in the documents. Unlike generic chatbots...
Continue ReadingThe stock market rally enjoyed modest weekly gains, with the major indexes all near 2023 highs. AMD and Google surged on AI news...
Continue ReadingAlphabet's (GOOGL) Google introduces its advanced large language model, Gemini, to boost its generative AI game...
Continue ReadingMetro Bank has not been far from the headlines this autumn after the struggling institution issued new debt, refinanced existing borrowings and completed a £150mn equity raise that has seen Colombian billionaire Jaime Gilinski Bacal take effective control of the bank — raising his stake from 9.2 per cent to a dominant 53 per cent. Shareholders approved the cash call last week, and chief executive David Frumkin and chief financial officer James Hopkinson backed the deeply discounted fundraising by buying substantial quantities of shares. To fulfil the placing, Metro Bank issued 500mn new shares at a discounted price of 30p apiece...
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