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Category: Business

Oil giant Shell posts larger-than-expected drop in full-year profit on lower crude prices
Business

Oil giant Shell posts larger-than-expected drop in full-year profit on lower crude prices

January 30, 2025

British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.

Divers search for survivors after plane carrying 64 crashes into Washington DC river
Business, News

Divers search for survivors after plane carrying 64 crashes into Washington DC river

January 30, 2025

The plane, carrying 60 passengers and four crew, crashed into the Potomac River after colliding with a helicopter.

Quantization Space Utilization Rate (QSUR): A Novel Post-Training Quantization Method Designed to Enhance the Efficiency of Large Language Models (LLMs)
Business

Quantization Space Utilization Rate (QSUR): A Novel Post-Training Quantization Method Designed to Enhance the Efficiency of Large Language Models (LLMs)

January 30, 2025

Post-training quantization (PTQ) focuses on reducing the size and improving the speed of large language models (LLMs) to make them…

First responders at scene of plane crash in Washington DC
Business, News

First responders at scene of plane crash in Washington DC

January 30, 2025

An American Airlines jet carrying 60 passengers collided in mid-air with a military helicopter with three US Army soldiers aboard.

American Airlines regional jet carrying 64 collides midair with military helicopter near D.C. airport
Business

American Airlines regional jet carrying 64 collides midair with military helicopter near D.C. airport

January 30, 2025

An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.

NVIDIA AI Releases Eagle2 Series Vision-Language Model: Achieving SOTA Results Across Various Multimodal Benchmarks
Business

NVIDIA AI Releases Eagle2 Series Vision-Language Model: Achieving SOTA Results Across Various Multimodal Benchmarks

January 30, 2025

Vision-Language Models (VLMs) have significantly expanded AI’s ability to process multimodal information, yet they face persistent challenges. Proprietary models such…

Deploy DeepSeek-R1 Distilled Llama models in Amazon Bedrock
Business

Deploy DeepSeek-R1 Distilled Llama models in Amazon Bedrock

January 30, 2025

Open foundation models (FMs) have become a cornerstone of generative AI innovation, enabling organizations to build and customize AI applications…

India’s finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
Business

India’s finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?

January 30, 2025

This is the coalition government’s first full-year budget after its assuming power in June.

Five takeaways from RFK Jr’s first confirmation hearing
Business, News

Five takeaways from RFK Jr’s first confirmation hearing

January 29, 2025

Senators grilled Robert F Kennedy Jr, Trump’s pick for health secretary, on vaccine comments and his stance on abortion.

Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Business

Tesla fourth-quarter results miss estimates as automotive revenue drops 8%

January 29, 2025

Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.

Meta AI Introduces MR.Q: A Model-Free Reinforcement Learning Algorithm with Model-Based Representations for Enhanced Generalization
Business

Meta AI Introduces MR.Q: A Model-Free Reinforcement Learning Algorithm with Model-Based Representations for Enhanced Generalization

January 29, 2025

Reinforcement learning (RL) trains agents to make sequential decisions by maximizing cumulative rewards. It has diverse applications, including robotics, gaming,…

Generative AI operating models in enterprise organizations with Amazon Bedrock
Business

Generative AI operating models in enterprise organizations with Amazon Bedrock

January 29, 2025

Generative AI can revolutionize organizations by enabling the creation of innovative applications that offer enhanced customer and employee experiences. Intelligent…

Fed holds rates steady, takes less confident view on inflation
Business

Fed holds rates steady, takes less confident view on inflation

January 29, 2025

The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy.

Optimization Using FP4 Quantization For Ultra-Low Precision Language Model Training
Business

Optimization Using FP4 Quantization For Ultra-Low Precision Language Model Training

January 29, 2025

Large Language Models (LLMs) have emerged as transformative tools in research and industry, with their performance directly correlating to model…

‘You lie’ protester shouts as RFK Jr says he’s not anti-vaccine
Business, News

‘You lie’ protester shouts as RFK Jr says he’s not anti-vaccine

January 29, 2025

Trump’s pick for Health Secretary was interrupted by protesters as he said he was not anti-vaccine.

European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
Business

European Central Bank to cut rates again with Trump threat and U.S. divergence in focus

January 29, 2025

“The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of…

Germany slashes economic growth expectations to 0.3% ahead of February election
Business

Germany slashes economic growth expectations to 0.3% ahead of February election

January 29, 2025

The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.

‘It’s absolute chaos’: At the scene of Kumbh Mela crush
Business, News

‘It’s absolute chaos’: At the scene of Kumbh Mela crush

January 29, 2025

Vikas Pandey and Samira Hussain explain how the chaos unfolded in northern India.

World’s largest sovereign wealth fund reports $222 billion annual profit on tech rally
Business

World’s largest sovereign wealth fund reports $222 billion annual profit on tech rally

January 29, 2025

Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.

Qwen AI Introduces Qwen2.5-Max: A large MoE LLM Pretrained on Massive Data and Post-Trained with Curated SFT and RLHF Recipes
Business

Qwen AI Introduces Qwen2.5-Max: A large MoE LLM Pretrained on Massive Data and Post-Trained with Curated SFT and RLHF Recipes

January 29, 2025

The field of artificial intelligence is evolving rapidly, with increasing efforts to develop more capable and efficient language models. However,…

Sea of belongings strewn aside as worshippers flee India crush
Business, News

Sea of belongings strewn aside as worshippers flee India crush

January 29, 2025

The surge happened when people who were sleeping on the riverbank were trampled by other pilgrims.

Critical chip firm ASML posts quarterly bookings surge on heated AI demand
Business

Critical chip firm ASML posts quarterly bookings surge on heated AI demand

January 29, 2025

Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results for the fourth quarter.

Qwen AI Releases Qwen2.5-VL: A Powerful Vision-Language Model for Seamless Computer Interaction
Business

Qwen AI Releases Qwen2.5-VL: A Powerful Vision-Language Model for Seamless Computer Interaction

January 29, 2025

In the evolving landscape of artificial intelligence, integrating vision and language capabilities remains a complex challenge. Traditional models often struggle…

A Comprehensive Guide to Concepts in Fine-Tuning of Large Language Models (LLMs)
Business

A Comprehensive Guide to Concepts in Fine-Tuning of Large Language Models (LLMs)

January 29, 2025

With the current conversation about widespread LLMs in AI, it is crucial to understand some of the basics involved. Despite…

InternVideo2.5: Hierarchical Token Compression and Task Preference Optimization for Video MLLMs
Business

InternVideo2.5: Hierarchical Token Compression and Task Preference Optimization for Video MLLMs

January 29, 2025

Multimodal large language models (MLLMs) have emerged as a promising approach towards artificial general intelligence, integrating diverse sensing signals into…

US judge temporarily blocks Trump’s freeze on federal grants and loans
Business, News

US judge temporarily blocks Trump’s freeze on federal grants and loans

January 29, 2025

The order is in response to a lawsuit that says the freezing of billions of dollars in already approved funding…

Foreign investors are fleeing India’s stock market — but analysts see long-term potential
Business

Foreign investors are fleeing India’s stock market — but analysts see long-term potential

January 29, 2025

The Nifty 50 and Sensex, India’s benchmark stock indexes, are hovering at more than seven-month lows, firmly in correction territory…

The Fed meets for the first time since Trump’s term started. Here’s what to expect
Business

The Fed meets for the first time since Trump’s term started. Here’s what to expect

January 29, 2025

If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what…

Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
Business

Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter

January 28, 2025

Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.

FDA approves Novo Nordisk’s Ozempic to treat chronic kidney disease in those with diabetes, expanding its use
Business

FDA approves Novo Nordisk’s Ozempic to treat chronic kidney disease in those with diabetes, expanding its use

January 28, 2025

Expanded Ozempic approval in the U.S. could transform how doctors treat patients with chronic kidney disease, which involves a gradual…

ByteDance Introduces UI-TARS: A Native GUI Agent Model that Integrates Perception, Action, Reasoning, and Memory into a Scalable and Adaptive Framework
Business

ByteDance Introduces UI-TARS: A Native GUI Agent Model that Integrates Perception, Action, Reasoning, and Memory into a Scalable and Adaptive Framework

January 28, 2025

GUI agents seek to perform real tasks in digital environments by understanding and interacting with graphical interfaces such as buttons…

Develop a RAG-based application using Amazon Aurora with Amazon Kendra
Business

Develop a RAG-based application using Amazon Aurora with Amazon Kendra

January 28, 2025

Generative AI and large language models (LLMs) are revolutionizing organizations across diverse sectors to enhance customer experience, which traditionally would…

World’s largest luxury group LVMH posts better than feared full-year sales
Business

World’s largest luxury group LVMH posts better than feared full-year sales

January 28, 2025

The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential…

Track LLM model evaluation using Amazon SageMaker managed MLflow and FMEval
Business

Track LLM model evaluation using Amazon SageMaker managed MLflow and FMEval

January 28, 2025

Evaluating large language models (LLMs) is crucial as LLM-based systems become increasingly powerful and relevant in our society. Rigorous testing…

Nvidia rises 2% in tenuous bounce Tuesday following largest market value loss in history
Business

Nvidia rises 2% in tenuous bounce Tuesday following largest market value loss in history

January 28, 2025

The chipmaker plunged 17% on Monday.

DeepSeek: How China’s ‘AI heroes’ overcame US curbs to stun Silicon Valley
Business, News

DeepSeek: How China’s ‘AI heroes’ overcame US curbs to stun Silicon Valley

January 28, 2025

How did a little-known Chinese start-up build a powerful new AI model despite restrictions?

UK raises cloud competition concerns, names Microsoft and Amazon as dominant players
Business

UK raises cloud competition concerns, names Microsoft and Amazon as dominant players

January 28, 2025

Britain’s antitrust watchdog on Tuesday raised concerns over competition in the multi-billion-pound cloud computing market.

HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Business

HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.

January 28, 2025

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into…

U.S. lawmakers in ‘uncharted waters’ as DeepSeek tests limits of American trade restrictions
Business

U.S. lawmakers in ‘uncharted waters’ as DeepSeek tests limits of American trade restrictions

January 28, 2025

The U.S. lawmakers have called for actions to slow down the Chinese tech startup, with some calling DeepSeek “a serious…

Norway is set to become the first country to fully transition to electric vehicles
Business

Norway is set to become the first country to fully transition to electric vehicles

January 28, 2025

Norway’s electric vehicle sales have increased from less than 1% of total auto sales in 2010 to a whopping 88.9%…

Trump says DeepSeek a ‘wake-up call’ for US tech firms
Business, News

Trump says DeepSeek a ‘wake-up call’ for US tech firms

January 28, 2025

DeepSeek’s claim that its model was made at a fraction of the cost of its rivals has shaken up the…

Leveraging Hallucinations in Large Language Models to Enhance Drug Discovery
Business

Leveraging Hallucinations in Large Language Models to Enhance Drug Discovery

January 28, 2025

Researchers have highlighted concerns regarding hallucinations in LLMs due to their generation of plausible but inaccurate or unrelated content. However,…

DeepSeek-AI Releases Janus-Pro 7B: An Open-Source multimodal AI that Beats DALL-E 3 and Stable Diffusion
Business

DeepSeek-AI Releases Janus-Pro 7B: An Open-Source multimodal AI that Beats DALL-E 3 and Stable Diffusion

January 28, 2025

Multimodal AI integrates diverse data formats, such as text and images, to create systems capable of accurately understanding and generating…

Nvidia shares sink as Chinese AI app spooks markets
Business, News

Nvidia shares sink as Chinese AI app spooks markets

January 28, 2025

Share prices in US and European firms fall as the Chinese technology threatens to disrupt the AI industry.

Survivors of Auschwitz deliver warning from history as memories die out
Business, News

Survivors of Auschwitz deliver warning from history as memories die out

January 27, 2025

World leaders rubbed shoulders with 56 survivors of Hitler’s death camp as they marked 80 years since its liberation.

Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
Business

Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history

January 27, 2025

Nvidia shares plunged 17% on Monday, resulting in a market cap loss of close to $600 billion, the biggest drop…

Building a Retrieval-Augmented Generation (RAG) System with DeepSeek R1: A Step-by-Step Guide
Business

Building a Retrieval-Augmented Generation (RAG) System with DeepSeek R1: A Step-by-Step Guide

January 27, 2025

With the release of DeepSeek R1, there is a buzz in the AI community. The open-source model offers some best-in-class…

Create a SageMaker inference endpoint with custom model & extended container
Business

Create a SageMaker inference endpoint with custom model & extended container

January 27, 2025

Amazon SageMaker provides a seamless experience for building, training, and deploying machine learning (ML) models at scale. Although SageMaker offers…

This AI Paper Introduces IXC-2.5-Reward: A Multi-Modal Reward Model for Enhanced LVLM Alignment and Performance
Business

This AI Paper Introduces IXC-2.5-Reward: A Multi-Modal Reward Model for Enhanced LVLM Alignment and Performance

January 27, 2025

Artificial intelligence has grown significantly with the integration of vision and language, allowing systems to interpret and generate information across…

Image and video prompt engineering for Amazon Nova Canvas and Amazon Nova Reel
Business

Image and video prompt engineering for Amazon Nova Canvas and Amazon Nova Reel

January 27, 2025

Amazon has introduced two new creative content generation models on Amazon Bedrock: Amazon Nova Canvas for image generation and Amazon…

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