Inflation across the 20-country Eurozone rose from 2.0 percent in October to 2.3 percent in November, a change that economists had expected as winter weather and the holiday shopping season boosted demand and prices for related goods.
Author: admin (Kendrick Williams)
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GERMANS CUT SPENDING AS ECONOMY WEAKENS, SURVEY FINDS
Germans are continuing to lose confidence in their economic future, a new survey found.
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U.K. OPENS LAB TO FIND AND COUNTER AI SECURITY THREATS
Britain has established the Laboratory for AI Security Research (LASR) to safeguard the nation and its allies against AI-based cybersecurity threats in what officials called an “AI arms race.”
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BANKING ON AI: CAPITAL ONE, JPMORGAN ARE LEADING THE INDUSTRY
Banks are adopting and deploying AI at an accelerating pace, but the best are doing so twice as fast as their competitors.
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NVIDIA: HOW FAST, HOW HIGH, HOW FAR?
Nvidia, the California company that makes about 90 percent of the world’s cutting-edge AI chips, has become the world’s most valuable company, seeing its market value soar by $2.5 billion over the past 12 months.
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AMAZON DOUBLES ITS INVESTMENT IN ANTHROPIC
Amazon has put another $4 billion into AI start-up Anthropic after putting in $1.25 billion in September 2023 and raising its stake to $4 billion last March.
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COMPANIES, AI DEVELOPERS COLLABORATE ON INDUSTRY-SPECIFIC MODELS
Companies have found a new way that AI can add to their bottom lines. Corporations in specific industries are collaborating with AI developers to create industry-specific models that they can sell to other businesses in their niche.
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AI COACHES EXECUTIVES FOR EARNINGS CALLS
Earnings calls—phone sessions in which corporate executives detail the company’s financial performance and outlook and field questions from investors and analysts—can be grueling.
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TECHNOCRACY BRIEFS: PUSHING AI MANDATES AND “MIND-VASION”
If current trajectories don’t change, it will only be a matter a few years until AI will make individual human autonomy obsolete. Whether by choice or mandate, everyone will be pervasively connected to AI.
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BLOCKCHAIN BATTLES
BitWise has applied to the SEC to offer an exchange-traded fund (ETF) based on its 10 Crypto Index Fund. If approved, it would be the largest and most diverse crypto ETF on the U.S. market, as noted by beinincrypto.com and others (“BitWise Files for 10 Crypto Index ETF with SEC,” 27 Nov 2024.)