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Category: Business

Watch live: Trump addresses Davos as tariffs, DEI draw attention
Business

Watch live: Trump addresses Davos as tariffs, DEI draw attention

January 23, 2025

Trump has signed executive orders to withdraw the U.S. from the World Health Organization and the Paris climate agreement since…

From Musk to Nadella: Trump’s $500 billion AI project stirs drama among the biggest names in tech
Business

From Musk to Nadella: Trump’s $500 billion AI project stirs drama among the biggest names in tech

January 23, 2025

Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment…

‘Woke’ global left is starting to crumble, Argentina’s Milei says
Business

‘Woke’ global left is starting to crumble, Argentina’s Milei says

January 23, 2025

A “global hegemony” of leftwing politics and ideology is “starting to crumble,” Argentina’s firebrand President Javier Milei told the World…

‘Let sense prevail’: European CEOs still hope to avoid a U.S. trade war
Business

‘Let sense prevail’: European CEOs still hope to avoid a U.S. trade war

January 23, 2025

European business leaders have broadly sought to downplay concerns about the prospect of a transatlantic trade war.

Thousands evacuated as new fast-growing fire ignites near Los Angeles
Business, News

Thousands evacuated as new fast-growing fire ignites near Los Angeles

January 23, 2025

The out-of-control wildfire spans more than 10,000 acres after just a few hours, fuelled by winds.

UK opens investigations into Apple and Google’s mobile ecosystems
Business

UK opens investigations into Apple and Google’s mobile ecosystems

January 23, 2025

Britain’s competition regulator launched an investigation into Apple and Google’s mobile ecosystems to assess whether they’re in breach of strict…

NATO chief ‘very happy’ with Trump’s sanctions threat to Russia
Business

NATO chief ‘very happy’ with Trump’s sanctions threat to Russia

January 23, 2025

“I was very, very happy with the position of Trump to put more sanctions on Russia,” Mark Rutte told CNBC.

Structural weaknesses in the German economy must ‘absolutely’ be addressed, finance minister says
Business

Structural weaknesses in the German economy must ‘absolutely’ be addressed, finance minister says

January 23, 2025

German finance minister Jörg Kukies also addressed the debate over Germany’s so-called debt brake rule, saying some “targeted reforms” were necessary.

Introducing GS-LoRA++: A Novel Approach to Machine Unlearning for Vision Tasks
Business

Introducing GS-LoRA++: A Novel Approach to Machine Unlearning for Vision Tasks

January 23, 2025

Pre-trained vision models have been foundational to modern-day computer vision advances across various domains, such as image classification, object detection,…

China urges state-backed funds to buy more stocks amid market slump, falling bond yields
Business

China urges state-backed funds to buy more stocks amid market slump, falling bond yields

January 23, 2025

China’s financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers to purchase…

Kimi k1.5: A Next Generation Multi-Modal LLM Trained with Reinforcement Learning on Advancing AI with Scalable Multimodal Reasoning and Benchmark Excellence
Business

Kimi k1.5: A Next Generation Multi-Modal LLM Trained with Reinforcement Learning on Advancing AI with Scalable Multimodal Reasoning and Benchmark Excellence

January 23, 2025

Reinforcement learning (RL) has fundamentally transformed AI by allowing models to improve performance iteratively through interaction and feedback. When applied…

SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
Business

SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty

January 23, 2025

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective…

About 1,000 North Koreans killed fighting Ukraine in Kursk, officials say
Business, News

About 1,000 North Koreans killed fighting Ukraine in Kursk, officials say

January 23, 2025

Western officials tell the BBC the troop losses appear unsustainable.

South Korea fourth-quarter GDP grows at its slowest pace in six quarters, missing expectations
Business

South Korea fourth-quarter GDP grows at its slowest pace in six quarters, missing expectations

January 22, 2025

The country’s GDP grew 1.2% year-on-year, missing expectations of 1.4% from economists

Introducing multi-turn conversation with an agent node for Amazon Bedrock Flows (preview)
Business

Introducing multi-turn conversation with an agent node for Amazon Bedrock Flows (preview)

January 22, 2025

Amazon Bedrock Flows offers an intuitive visual builder and a set of APIs to seamlessly link foundation models (FMs), Amazon…

Video security analysis for privileged access management using generative AI and Amazon Bedrock
Business

Video security analysis for privileged access management using generative AI and Amazon Bedrock

January 22, 2025

Security teams in highly regulated industries like financial services often employ Privileged Access Management (PAM) systems to secure, manage, and…

Beyond Open Source AI: How Bagel’s Cryptographic Architecture, Bakery Platform, and ZKLoRA Drive Sustainable AI Monetization
Business

Beyond Open Source AI: How Bagel’s Cryptographic Architecture, Bakery Platform, and ZKLoRA Drive Sustainable AI Monetization

January 22, 2025

Bagel is a novel AI model architecture that transforms open-source AI development by enabling permissionless contributions and ensuring revenue attribution…

This AI Paper Introduces MathReader: An Advanced TTS System for Accurate and Accessible Mathematical Document Vocalization
Business

This AI Paper Introduces MathReader: An Advanced TTS System for Accurate and Accessible Mathematical Document Vocalization

January 22, 2025

The development of TTS systems has been pivotal in converting written content into spoken language, enabling users to interact with…

How Cato Networks uses Amazon Bedrock to transform free text search into structured GraphQL queries
Business

How Cato Networks uses Amazon Bedrock to transform free text search into structured GraphQL queries

January 22, 2025

This is a guest post authored by Asaf Fried, Daniel Pienica, Sergey Volkovich from Cato Networks. Cato Networks is a…

Meet EvaByte: An Open-Source 6.5B State-of-the-Art Tokenizer-Free Language Model Powered by EVA
Business

Meet EvaByte: An Open-Source 6.5B State-of-the-Art Tokenizer-Free Language Model Powered by EVA

January 22, 2025

Tokenization, the process of breaking text into smaller units, has long been a fundamental step in natural language processing (NLP).…

Toddler and man fatally stabbed in German park
Business, News

Toddler and man fatally stabbed in German park

January 22, 2025

Police say a 28-year-old man from Afghanistan has been arrested suspected of carrying out the attack.

Trump threatens Russia with sanctions, tariffs if Putin doesn’t end Ukraine war
Business

Trump threatens Russia with sanctions, tariffs if Putin doesn’t end Ukraine war

January 22, 2025

The war in Ukraine began with an invasion by Russia in February 2022. There have been more than 240,000 soldiers…

UK ‘not part of the problem’ when it comes to U.S. trade, Britain’s finance minister says
Business

UK ‘not part of the problem’ when it comes to U.S. trade, Britain’s finance minister says

January 22, 2025

The U.K. is “not part of the problem” when it comes to “persistent” trade deficits that President Donald Trump wants…

Renewable giants shrug off Trump’s anti-wind policies: ‘Electrification is absolutely unstoppable’
Business

Renewable giants shrug off Trump’s anti-wind policies: ‘Electrification is absolutely unstoppable’

January 22, 2025

Renewable energy giants appear relatively sanguine about U.S. President Donald Trump’s anti-wind policies.

Europe must be prepared for Trump tariffs, European Central Bank chief warns
Business

Europe must be prepared for Trump tariffs, European Central Bank chief warns

January 22, 2025

European Central Bank President Christine Lagarde spoke to CNBC at the World Economic Forum in Davos.

Trump pardons Silk Road dark web market creator Ross Ulbricht
Business, News

Trump pardons Silk Road dark web market creator Ross Ulbricht

January 22, 2025

Trump said he had called Ulbricht’s mother to let her know he had granted her son a full pardon.

Europe ready to respond ‘in a proportionate way’ as Trump touts tariffs, top EU official says
Business

Europe ready to respond ‘in a proportionate way’ as Trump touts tariffs, top EU official says

January 22, 2025

Europe will respond to any tariffs imposed by President Donald Trump in a proportionate way, the European Union’s commissioner for…

Kevin O’Leary says he would ‘love to do a TikTok deal,’ but the law prevents it
Business

Kevin O’Leary says he would ‘love to do a TikTok deal,’ but the law prevents it

January 22, 2025

Kevin O’Leary says that he’s still interested in a deal for TikTok, but that it’s no longer legally viable, even…

Google AI Releases Gemini 2.0 Flash Thinking model (gemini-2.0-flash-thinking-exp-01-21): Scoring 73.3% on AIME (Math) and 74.2% on GPQA Diamond (Science) Benchmarks
Business

Google AI Releases Gemini 2.0 Flash Thinking model (gemini-2.0-flash-thinking-exp-01-21): Scoring 73.3% on AIME (Math) and 74.2% on GPQA Diamond (Science) Benchmarks

January 22, 2025

Artificial Intelligence has made significant strides, yet some challenges persist in advancing multimodal reasoning and planning capabilities. Tasks that demand…

What are Haystack Agents? A Comprehensive Guide to Tool-Driven NLP with Code Implementation
Business

What are Haystack Agents? A Comprehensive Guide to Tool-Driven NLP with Code Implementation

January 22, 2025

Modern NLP applications often demand multi-step reasoning, interaction with external tools, and the ability to adapt dynamically to user queries.…

Trump pardons give Jan 6 defendants nearly everything they wanted
Business, News

Trump pardons give Jan 6 defendants nearly everything they wanted

January 22, 2025

Some of the president’s own team had signalled not all of those arrested over the Capitol riot would be released…

Trump says he’s considering a 10% tariff on China beginning as soon as Feb. 1
Business

Trump says he’s considering a 10% tariff on China beginning as soon as Feb. 1

January 22, 2025

On Tuesday, President Donald Trump floated a 10% duty on China, with an expected start date of Feb. 1.

Bank of Japan is expected to hike rates this week, CNBC survey shows
Business

Bank of Japan is expected to hike rates this week, CNBC survey shows

January 21, 2025

Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in…

Bishop asks Trump to show mercy to LGBT people and migrants
Business, News

Bishop asks Trump to show mercy to LGBT people and migrants

January 21, 2025

Right Rev. Mariann Edgar Budde made a plea to the president in a sermon that Trump later criticised.

Snowflake AI Research Open-Sources SwiftKV: A Novel AI Approach that Reduces Inference Costs of Meta Llama LLMs up to 75% on Cortex AI
Business

Snowflake AI Research Open-Sources SwiftKV: A Novel AI Approach that Reduces Inference Costs of Meta Llama LLMs up to 75% on Cortex AI

January 21, 2025

Large Language Models (LLMs) have become pivotal in artificial intelligence, powering a variety of applications from chatbots to content generation…

Solve forecasting challenges for the retail and CPG industry using Amazon SageMaker Canvas
Business

Solve forecasting challenges for the retail and CPG industry using Amazon SageMaker Canvas

January 21, 2025

Businesses today deal with a reality that is increasingly complex and volatile. Companies across retail, manufacturing, healthcare, and other sectors…

Create Portrait Mode Effect with Segment Anything Model 2 (SAM2)
Business

Create Portrait Mode Effect with Segment Anything Model 2 (SAM2)

January 21, 2025

Have you ever admired how smartphone cameras isolate the main subject from the background, adding a subtle blur to the…

Enhancing Lexicon-Based Text Embeddings with Large Language Models
Business

Enhancing Lexicon-Based Text Embeddings with Large Language Models

January 21, 2025

Lexicon-based embeddings are one of the good alternatives to dense embeddings, yet they face numerous challenges that restrain their wider…

Trump laid out a sweeping energy agenda. Here are all the key actions he took on day one
Business

Trump laid out a sweeping energy agenda. Here are all the key actions he took on day one

January 21, 2025

President Donald Trump has declared a national energy emergency as he aims to boost oil and gas production.

Bank of Israel governor expects higher short-term inflation but rate cuts ‘feasible’ this year
Business

Bank of Israel governor expects higher short-term inflation but rate cuts ‘feasible’ this year

January 21, 2025

A durable ceasefire should pave the way for economic growth in Israel and the region, the central bank governor told…

Musk responds to backlash over gesture at Trump rally
Business, News

Musk responds to backlash over gesture at Trump rally

January 21, 2025

The billionaire says his critics “need better dirty tricks” after a gesture likened to a Nazi salute.

Ukraine’s Zelenskyy questions the U.S.’ commitment to Europe’s future
Business

Ukraine’s Zelenskyy questions the U.S.’ commitment to Europe’s future

January 21, 2025

Ukraine’s President Volodymyr Zelenskyy called into question the U.S.’ commitment to its allies in Europe.

Trump’s climate retreat stirs a sense of déjà vu — and prompts a warning from the UN
Business

Trump’s climate retreat stirs a sense of déjà vu — and prompts a warning from the UN

January 21, 2025

U.S. President Donald Trump on Monday signed an executive order to pull the U.S. out of the world’s biggest coordinated…

Interest rates won’t fall as fast as expected if tariffs stoke inflation, UBS CEO says
Business

Interest rates won’t fall as fast as expected if tariffs stoke inflation, UBS CEO says

January 21, 2025

“Inflation is much more sticky than we have been saying,” UBS CEO Sergio Ermotti said Tuesday.

Trade war has no winners, China’s vice premier warns, as Trump threatens tariffs
Business

Trade war has no winners, China’s vice premier warns, as Trump threatens tariffs

January 21, 2025

Chinese Vice Premier Ding Xuexiang warned of “no winners” in a trade war during a speech Tuesday during the World…

Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools
Business

Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools

January 21, 2025

Bitcoin and other cryptocurrencies sank Tuesday as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration.

Europe must ‘wake up’ and boost competitiveness — or risk falling behind in the Trump era, CEOs warn
Business

Europe must ‘wake up’ and boost competitiveness — or risk falling behind in the Trump era, CEOs warn

January 21, 2025

European business chiefs warned Tuesday that the region risks falling behind its counterparts in the U.S. and Asia.

What executive orders did Trump sign on day one?
Business, News

What executive orders did Trump sign on day one?

January 21, 2025

The Republican quickly set about using his new powers to approve executive actions on a host of policy priorities.

European stocks head for slightly higher open as markets assess the impact of Trump 2.0
Business

European stocks head for slightly higher open as markets assess the impact of Trump 2.0

January 21, 2025

European stocks are expected to open slightly higher Tuesday as traders digested the first executive orders signed by newly inaugurated…

DeepSeek-AI Releases DeepSeek-R1-Zero and DeepSeek-R1: First-Generation Reasoning Models that Incentivize Reasoning Capability in LLMs via Reinforcement Learning
Business

DeepSeek-AI Releases DeepSeek-R1-Zero and DeepSeek-R1: First-Generation Reasoning Models that Incentivize Reasoning Capability in LLMs via Reinforcement Learning

January 21, 2025

Large Language Models (LLMs) have made significant progress in natural language processing, excelling in tasks like understanding, generation, and reasoning.…

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