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Category: Business

How Travelers Insurance classified emails with Amazon Bedrock and prompt engineering
Business

How Travelers Insurance classified emails with Amazon Bedrock and prompt engineering

January 31, 2025

This is a guest blog post co-written with Jordan Knight, Sara Reynolds, George Lee from Travelers. Foundation models (FMs) are…

Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Business

Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

January 31, 2025

Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share buyback scheme.

Germany’s inflation steady at 2.8% in January ahead of February election
Business

Germany’s inflation steady at 2.8% in January ahead of February election

January 31, 2025

The reading was also in line with a forecast from economists polled by Reuters.

How DeepSeek and next-generation AI agents could erode value of language models
Business

How DeepSeek and next-generation AI agents could erode value of language models

January 31, 2025

Executives at leading AI labs say that large language models like those from OpenAI and Big Tech firms risk becoming…

Meta AI Proposes EvalPlanner: A Preference Optimization Algorithm for Thinking-LLM-as-a-Judge
Business

Meta AI Proposes EvalPlanner: A Preference Optimization Algorithm for Thinking-LLM-as-a-Judge

January 31, 2025

The rapid advancement of Large Language Models (LLMs) has significantly improved their ability to generate long-form responses. However, evaluating these…

Agentic AI: The Foundations Based on Perception Layer, Knowledge Representation and Memory Systems
Business

Agentic AI: The Foundations Based on Perception Layer, Knowledge Representation and Memory Systems

January 31, 2025

Agentic AI stands at the intersection of autonomy, intelligence, and adaptability, offering solutions that can sense, reason, and act in…

Black boxes found as officials examine staffing shortage in DC plane crash
Business, News

Black boxes found as officials examine staffing shortage in DC plane crash

January 31, 2025

The collision between a passenger plane and a military helicopter is suspected to have killed all 67 onboard.

CNBC’s Inside India newsletter: How China’s DeepSeek could benefit India
Business

CNBC’s Inside India newsletter: How China’s DeepSeek could benefit India

January 31, 2025

DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a boon to…

DeepSeek-R1 model now available in Amazon Bedrock Marketplace and Amazon SageMaker JumpStart
Business

DeepSeek-R1 model now available in Amazon Bedrock Marketplace and Amazon SageMaker JumpStart

January 31, 2025

Today, we are announcing that DeepSeek AI’s first-generation frontier model, DeepSeek-R1, is available through Amazon SageMaker JumpStart and Amazon Bedrock…

Apple misses on iPhone revenue, sees 11% drop in China sales
Business

Apple misses on iPhone revenue, sees 11% drop in China sales

January 30, 2025

Although Apple’s overall sales rose during the quarter, the company’s closely watched iPhone sales actually declined slightly on a year-over-year…

OpenAI in talks to raise funding that would value AI startup at up to $340 billion
Business

OpenAI in talks to raise funding that would value AI startup at up to $340 billion

January 30, 2025

SoftBank would contribute as much as $25 billion to OpenAI’s funding round and become the largest investor.

Open Thoughts: An Open Source Initiative Advancing AI Reasoning with High-Quality Datasets and Models Like OpenThoughts-114k and OpenThinker-7B
Business

Open Thoughts: An Open Source Initiative Advancing AI Reasoning with High-Quality Datasets and Models Like OpenThoughts-114k and OpenThinker-7B

January 30, 2025

The critical issue of restricted access to high-quality reasoning datasets has limited open-source AI-driven logical and mathematical reasoning advancements. While…

Streamline grant proposal reviews using Amazon Bedrock
Business

Streamline grant proposal reviews using Amazon Bedrock

January 30, 2025

Government and non-profit organizations evaluating grant proposals face a significant challenge: sifting through hundreds of detailed submissions, each with unique…

Decoupling Tokenization: How Over-Tokenized Transformers Redefine Vocabulary Scaling in Language Models
Business

Decoupling Tokenization: How Over-Tokenized Transformers Redefine Vocabulary Scaling in Language Models

January 30, 2025

Tokenization plays a fundamental role in the performance and scalability of Large Language Models (LLMs). Despite being a critical component,…

Yandex Develops and Open-Sources Perforator: An Open-Source Tool that can Save Businesses Billions of Dollars a Year on Server Infrastructure
Business

Yandex Develops and Open-Sources Perforator: An Open-Source Tool that can Save Businesses Billions of Dollars a Year on Server Infrastructure

January 30, 2025

Yandex, a global tech company, develops and open-sources Perforator, an innovative tool for continuous real-time monitoring and analysis of servers…

GDP grew at a 2.3% pace in the fourth quarter, less than expected
Business

GDP grew at a 2.3% pace in the fourth quarter, less than expected

January 30, 2025

GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.

DeepSeek’s AI claims have shaken the world — but not everyone’s convinced
Business

DeepSeek’s AI claims have shaken the world — but not everyone’s convinced

January 30, 2025

DeepSeek claims its R1 outperforms OpenAI’s latest o1 model despite costing a fraction of the price the U.S. AI lab…

Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion
Business

Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion

January 30, 2025

Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third…

German economy shrinks by 0.2% in fourth quarter, more than expected
Business

German economy shrinks by 0.2% in fourth quarter, more than expected

January 30, 2025

The German economy shrank by 0.2% quarter-on-quarter in fourth quarter of 2024, according to preliminary data released by Germany’s statistics…

What we know so far about Washington DC plane crash
Business, News

What we know so far about Washington DC plane crash

January 30, 2025

The aircraft collided with a military helicopter that was on a training flight as it approached the runway.

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,…

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.

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.

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…

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