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Category: Business

Gisèle Pelicot takes stand in French mass rape trial
Business, General, News

Gisèle Pelicot takes stand in French mass rape trial

October 23, 2024

She tells a court she wants women who have been raped to know that “it’s not for us to have…

‘Time to be a little bit cautious’: Norway’s $1.8 trillion wealth fund issues stock market warning
Business, General

‘Time to be a little bit cautious’: Norway’s $1.8 trillion wealth fund issues stock market warning

October 23, 2024

Norges Bank Investment Management (NBIM), one of the world’s largest investors, says risks are tilted to the downside for global…

Russians accused of crimes offered choice – go to war instead of court
Business, General, News

Russians accused of crimes offered choice – go to war instead of court

October 23, 2024

A former Olympic athlete has been told if he fights in Ukraine a criminal case against him will be frozen.

Lilium was once a promising ‘air taxi’ startup worth billions. Now it’s on the brink of insolvency
Business, General

Lilium was once a promising ‘air taxi’ startup worth billions. Now it’s on the brink of insolvency

October 23, 2024

German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the southeastern state…

Business, General

Anthropic AI Introduces a New Claude 3.5 Sonnet with Computer Use Feature, and Claude 3.5 Haiku

October 23, 2024

The advancement of artificial intelligence often reveals new ways for machines to augment human capabilities. Anthropic AI’s latest innovation introduces…

Business, General

Cohere Releases Multimodal Embed 3: A State-of-the-Art Multimodal AI Search Model Unlocking Real Business Value for Image Data

October 23, 2024

In an increasingly interconnected world, understanding and making sense of different types of information simultaneously is crucial for the next…

Qualcomm shares fall 4.5% after report of Arm threat to scrap key license in escalating dispute
Business, General

Qualcomm shares fall 4.5% after report of Arm threat to scrap key license in escalating dispute

October 23, 2024

Qualcomm shares fell as much as 5% in pre-market trade after Bloomberg reported that British chip designer Arm is looking…

Business, General

Moonshine: A Fast, Accurate, and Lightweight Speech-to-Text Models for Transcription and Voice Command Processing on Edge Devices

October 23, 2024

Speech recognition technology has become crucial in various modern applications, particularly real-time transcription and voice-activated command systems. It is essential…

Labour volunteers helping Harris ‘in spare time’ – Starmer
Business, General, News

Labour volunteers helping Harris ‘in spare time’ – Starmer

October 23, 2024

Sir Keir Starmer says his party sends volunteers to the US for ‘pretty much every’ presidential election.

Deutsche Bank swings back to profit in the third quarter, beating expectations
Business, General

Deutsche Bank swings back to profit in the third quarter, beating expectations

October 23, 2024

The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.

Business, General

Generative Reward Models (GenRM): A Hybrid Approach to Reinforcement Learning from Human and AI Feedback, Solving Task Generalization and Feedback Collection Challenges

October 23, 2024

Reinforcement learning (RL) has been pivotal in advancing artificial intelligence by enabling models to learn from their interactions with the…

Tokyo Metro shares gain over 40% on debut after Japan’s largest IPO in six years
Business, General

Tokyo Metro shares gain over 40% on debut after Japan’s largest IPO in six years

October 23, 2024

The IPO offered 2.32 billion shares for a price of 1,200 yen apiece, valuing the offering at 348.6 billion yen…

Trump accuses UK’s Labour Party of ‘foreign interference’
Business, General, News

Trump accuses UK’s Labour Party of ‘foreign interference’

October 22, 2024

Labour activists volunteering in the US presidential election amounts to illegal “contributions”, the complaint alleges.

Business, General

Discrete Diffusion with Planned Denoising (DDPD): A Novel Machine Learning Framework that Decomposes the Discrete Generation Process into Planning and Denoising

October 22, 2024

Generative AI models have become highly prominent in recent years for their ability to generate new content based on existing…

Business, General

Microsoft AI Introduces Activation Steering: A Novel AI Approach to Improving Instruction-Following in Large Language Models

October 22, 2024

In recent years, large language models (LLMs) have demonstrated significant progress in various applications, from text generation to question answering.…

Starbucks shares slide after preliminary results show sales fell again
Business, General

Starbucks shares slide after preliminary results show sales fell again

October 22, 2024

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Generative AI foundation model training on Amazon SageMaker
Business, General

Generative AI foundation model training on Amazon SageMaker

October 22, 2024

To stay competitive, businesses across industries use foundation models (FMs) to transform their applications. Although FMs offer impressive out-of-the-box capabilities,…

‘Everyone flew through the air’: Survivors describe Israeli strike on Beirut that killed 18
Business, General, News

‘Everyone flew through the air’: Survivors describe Israeli strike on Beirut that killed 18

October 22, 2024

Lebanese tell BBC their residential building was brought down on top of them, killing 18 including children.

Business, General

Stability AI Releases Stable Diffusion 3.5: Stable Diffusion 3.5 Large and Stable Diffusion 3.5 Large Turbo

October 22, 2024

The generative AI market has expanded exponentially, yet many existing models still face limitations in adaptability, quality, and computational demands.…

IMF says global fight against inflation is ‘almost won’ but warns of rising risks
Business, General

IMF says global fight against inflation is ‘almost won’ but warns of rising risks

October 22, 2024

The IMF projects global headline inflation to fall to 3.5% by the end of 2025.

Business, General

FunnelRAG: A Novel AI Approach to Improving Retrieval Efficiency for Retrieval-Augmented Generation

October 22, 2024

Retrieval-Augmented Generation (RAG) is a growing area of research focused on improving the capabilities of large language models (LLMs) by…

Ex-Abercrombie CEO arrested on sex trafficking charges
Business, General, News

Ex-Abercrombie CEO arrested on sex trafficking charges

October 22, 2024

Mike Jeffries and his partner were arrested on Tuesday morning, the BBC understands.

IMF hikes UK growth outlook amid lower inflation and interest rates
Business, General

IMF hikes UK growth outlook amid lower inflation and interest rates

October 22, 2024

The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and…

King’s Australia visit ends on positive note
Business, General, News

King’s Australia visit ends on positive note

October 22, 2024

King Charles and Queen Camilla drew a warm reception from the crowds in Sydney’s sunshine.

World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Business, General

World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

October 22, 2024

Norway’s gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).

Russia pushes ‘new world order’ agenda as it hosts beefed-up BRICS summit
Business, General

Russia pushes ‘new world order’ agenda as it hosts beefed-up BRICS summit

October 22, 2024

Russia is rolling out the red carpet to its allies on Tuesday as it hosts the latest BRICS summit in…

HSBC names Pam Kaur as first female CFO amid major restructuring
Business, General

HSBC names Pam Kaur as first female CFO amid major restructuring

October 22, 2024

HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank…

Business, General

UC Berkeley Researchers Propose DocETL: A Declarative System that Optimizes Complex Document Processing Tasks using LLMs

October 22, 2024

Large Language Models (LLMs) have gained significant attention in data management, with applications spanning data integration, database tuning, query optimization,…

Business, General

Controllable Safety Alignment (CoSA): An AI Framework Designed to Adapt Models to Diverse Safety Requirements without Re-Training

October 22, 2024

As large language models (LLMs) become increasingly capable and better day by day, their safety has become a critical topic…

Business, General

Meta AI Releases LayerSkip: A Novel AI Approach to Accelerate Inference in Large Language Models (LLMs)

October 22, 2024

Accelerating inference in large language models (LLMs) is challenging due to their high computational and memory requirements, leading to significant…

Hyundai Motor India’s shares set to start trading after the country’s largest IPO
Business, General

Hyundai Motor India’s shares set to start trading after the country’s largest IPO

October 22, 2024

It is the country’s largest-ever IPO by the amount raised.

Business, General

MIND (Math Informed syNthetic Dialogue): How Structured Synthetic Data Improves the Mathematical and Logical Capabilities of AI-Powered Language Models

October 22, 2024

Large language models (LLMs) can understand and generate human-like text across various applications. However, despite their success, LLMs often need…

China tightens export controls for tech and goods with military use, ahead of Xi’s trip to Russia
Business, General

China tightens export controls for tech and goods with military use, ahead of Xi’s trip to Russia

October 22, 2024

China unveiled a set of regulations on export control of goods and technologies that could be used for military purposes. 

Business, General

DIFFUSEARCH: Revolutionizing Chess AI with Implicit Search and Discrete Diffusion Modeling

October 22, 2024

Large Language Models (LLMs) have gained significant attention in AI research due to their impressive capabilities. However,  their limitation lies…

Lebanon says four dead in Israeli strike near southern Beirut hospital
Business, General, News

Lebanon says four dead in Israeli strike near southern Beirut hospital

October 21, 2024

Thirteen air strikes hit locations in southern Beirut on Monday evening, authorities said.

Israel still preventing humanitarian missions to north Gaza, Unrwa says
Business, General, News

Israel still preventing humanitarian missions to north Gaza, Unrwa says

October 21, 2024

Israeli forces are besieging hospitals and shelters, medics say. The Israeli military says Hamas has regrouped in the area.

Business, General

JAMUN: A Walk-Jump Sampling Model for Generating Ensembles of Molecular Conformations

October 21, 2024

The dynamics of protein structures are crucial for understanding their functions and developing targeted drug treatments, particularly for cryptic binding…

Amazon Bedrock Custom Model Import now generally available
Business, General

Amazon Bedrock Custom Model Import now generally available

October 21, 2024

Today, we’re pleased to announce the general availability (GA) of Amazon Bedrock Custom Model Import. This feature empowers customers to…

Deploy a serverless web application to edit images using Amazon Bedrock
Business, General

Deploy a serverless web application to edit images using Amazon Bedrock

October 21, 2024

Generative AI adoption among various industries is revolutionizing different types of applications, including image editing. Image editing is used in…

Business, General

IBM Releases Granite 3.0 2B and 8B AI Models for AI Enterprises

October 21, 2024

Artificial intelligence is advancing rapidly, but enterprises face many obstacles when trying to leverage AI effectively. Organizations require models that…

Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
Business, General

Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce

October 21, 2024

Microsoft will allow organizations to create their own autonomous AI agents within Copilot starting next month.

Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
Business, General

Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget

October 21, 2024

Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax…

Russia and Europe tussle for Moldova, as just over 50% vote ‘yes’ on future EU membership
Business, General

Russia and Europe tussle for Moldova, as just over 50% vote ‘yes’ on future EU membership

October 21, 2024

Moldova’s political destiny is hanging in the balance Monday after key votes on whether to embrace a future with Europe,…

Robinhood rolls out high-risk margin trading in the UK after getting regulator nod
Business, General

Robinhood rolls out high-risk margin trading in the UK after getting regulator nod

October 21, 2024

Robinhood said Monday that it’s rolling out margin investing — or the ability for investors to borrow cash to augment their…

Business, General

aiXcoder-7B: A Lightweight and Efficient Large Language Model Offering High Accuracy in Code Completion Across Multiple Languages and Benchmarks

October 21, 2024

Large language models (LLMs) have revolutionized various domains, including code completion, where artificial intelligence predicts and suggests code based on…

Business, General

This AI Research from Cohere for AI Compares Merging vs Data Mixing as a Recipe for Building High-Performant Aligned LLMs

October 21, 2024

Large language models (LLMs) have revolutionized the field of artificial intelligence by performing a wide range of tasks across different…

Business, General

Latent Action Pretraining for General Action models (LAPA): An Unsupervised Method for Pretraining Vision-Language-Action (VLA) Models without Ground-Truth Robot Action Labels

October 21, 2024

Vision-Language-Action Models (VLA) for robotics are trained by combining large language models with vision encoders and then fine-tuning them on…

China cuts benchmark lending rates by 25 basis points
Business, General

China cuts benchmark lending rates by 25 basis points

October 21, 2024

The move was not unexpected. China’s central bank governor indicated last week that the loan market benchmark rate would be…

Moldovans voting ‘no’ against pro-EU constitution change – early results
Business, General, News

Moldovans voting ‘no’ against pro-EU constitution change – early results

October 20, 2024

Sunday’s vote sees Moldovans facing a choice between pushing on with EU membership or keeping close ties to Russia.

Business, General

Meta AI Releases Meta’s Open Materials 2024 (OMat24) Inorganic Materials Dataset and Models

October 20, 2024

The discovery of new materials is crucial to addressing pressing global challenges such as climate change and advancements in next-generation…

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