Gadgets
NVIDIA is still planning to make a ‘huge’ investment in OpenAI, CEO says
[ad_1] NVIDIA CEO Jensen Huang told reporters that the company will “invest a great deal of money” in OpenAI’s latest funding round, according to…
Tag: bloomberg
Gadgets
Amazon discovered a ‘high volume’ of CSAM in its AI training data but isn’t saying where it came from
[ad_1] The National Center for Missing and Exploited Children said it received more than 1 million reports of AI-related child sexual abuse material (CSAM)…
Gadgets
Meta has closed three VR studios as part of its metaverse cuts
[ad_1] Several of Meta’s VR studios have been affected by the company’s metaverse-focused layoffs. The company has shuttered three of its VR studios, including…
Banking
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
[ad_1] Kelvin Chiang knew the five agentic AI models built by his team could in ten minutes do what used to take a private…
Banking
Dutch fintech Bunq reapplies to become a bank in the US
[ad_1] The Dutch fintech Bunq BV applied to become a US bank two years after rescinding a previous application made under former President Joe…
Breaking News
What Zohran Mamdani and Michael Bloomberg Have in Common
[ad_1] Such visions play a role in any administration, but there’s also the work of actual city governance. When Mamdani and Bloomberg met in…
Banking
Nvidia reaches technology licensing deal with startup Groq
[ad_1] Nvidia Corp. agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and…
Banking
BBVA rolls out ChatGPT to almost all employees in OpenAI deal
[ad_1] BBVA is giving almost all of its staff access to OpenAI’s artificial intelligence tools after expanding its partnership with the technology firm. The…
Banking
OpenAI finds AI saves workers nearly an hour a day on average
[ad_1] OpenAI’s artificial intelligence products are saving workers an average of about 40 to 60 minutes a day on professional tasks, according to a…
Banking
Revolut notches $75 billion valuation in latest share sale
[ad_1] Revolut Ltd. garnered a $75 billion valuation in its latest share sale after months of courting investors, a steep increase from the $45…
Business
GoTo taps new CEO in step toward game-changing Grab takeover | Fortune
[ad_1] GoTo Group appointed a new chief executive officer to replace Patrick Walujo, a move that’s expected to speed the takeover of Indonesia’s largest…
Banking
Block expects profit growth to accelerate over next three years
[ad_1] Block Inc. expects profit growth to accelerate over the next three years as Jack Dorsey’s payments firm anticipates launching products at a faster…
Banking
Nubank says AI helped boost clients’ credit-card limits
[ad_1] Nu Holdings Ltd. said artificial intelligence features it started to deploy in Brazil helped the fintech increase credit-card limits for some clients, boosting…
Banking
MUFG ties up with OpenAI to accelerate AI use in bank services
[ad_1] Japan’s largest bank announced a tie up with OpenAI to accelerate its use of artificial intelligence, including in a new digital lender that’s…
Banking
Fed’s Barr calls for guardrails as financial sector adopts AI
[ad_1] Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial sector looks to adopt artificial…
Banking
Lloyds tasks 7,000 staffers with testing out AI assistant
[ad_1] Lloyds Banking Group Plc is using thousands of its staff as guinea pigs for an AI financial assistant it’s designed to help customers…
Business
Starbucks sells 60% of China unit to Boyu at $4 billion value | Fortune
[ad_1] Starbucks Corp. agreed to sell a majority stake in its China business to private equity firm Boyu Capital at a $4 billion enterprise…
Banking
Amazon inks $38B deal with OpenAI for Nvidia chips
[ad_1] Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares…
Cryptocurrency
Coinbase Stock Touches $350 After Positive Q3 Earnings, New Acquisition — Details
[ad_1] After what started as a disappointing week, the Coinbase stock (Ticker: COIN) seems to be back on a recovery path. COIN briefly touched…
Banking
Cloudflare shares rise to record after beating sales outlook
[ad_1] Cloudflare Inc. shares surged to a record after posting better-than-expected sales figures that topped quarterly and annual estimates, following a reorganization and the…