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Category: Business

Kyiv hit by deadly Russian missile and drone attack – mayor
Business, News

Kyiv hit by deadly Russian missile and drone attack – mayor

April 24, 2025

At least nine people are killed and dozens injured in overnight Russian strikes on Ukraine’s capital, officials say.

SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom
Business

SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom

April 24, 2025

The company warned that macroeconomic uncertainties including tariff policy have created demand volatility that will impact the second half of…

South Korea GDP contracts 0.1% in the first quarter amid political uncertainty
Business

South Korea GDP contracts 0.1% in the first quarter amid political uncertainty

April 23, 2025

Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the…

AWS Introduces SWE-PolyBench: A New Open-Source Multilingual Benchmark for Evaluating AI Coding Agents
Business

AWS Introduces SWE-PolyBench: A New Open-Source Multilingual Benchmark for Evaluating AI Coding Agents

April 23, 2025

Recent advancements in large language models (LLMs) have enabled the development of AI-based coding agents that can generate, modify, and…

Meet Xata Agent: An Open Source Agent for Proactive PostgreSQL Monitoring, Automated Troubleshooting, and Seamless DevOps Integration
Business

Meet Xata Agent: An Open Source Agent for Proactive PostgreSQL Monitoring, Automated Troubleshooting, and Seamless DevOps Integration

April 23, 2025

Xata Agent is an open-source AI assistant built to serve as a site reliability engineer for PostgreSQL databases. It constantly…

India closes main border crossing with Pakistan after Kashmir attack
Business, News

India closes main border crossing with Pakistan after Kashmir attack

April 23, 2025

Visas held by some Pakistanis are also cancelled after gunmen killed tourists in Indian-administered Kashmir.

Treasury Sec. Bessent says China, U.S. have ‘opportunity for a big deal’ on trade
Business

Treasury Sec. Bessent says China, U.S. have ‘opportunity for a big deal’ on trade

April 23, 2025

Bessent named-checked Bridgewater founder Ray Dalio, who recently expressed fears of a sharp fallout from President Donald Trump’s tariff policies.

NVIDIA AI Releases Describe Anything 3B: A Multimodal LLM for Fine-Grained Image and Video Captioning
Business

NVIDIA AI Releases Describe Anything 3B: A Multimodal LLM for Fine-Grained Image and Video Captioning

April 23, 2025

Challenges in Localized Captioning for Vision-Language Models Describing specific regions within images or videos remains a persistent challenge in vision-language…

Istanbul residents flood streets after 6.2-magnitude quake
Business, News

Istanbul residents flood streets after 6.2-magnitude quake

April 23, 2025

Many people have prepared to spend the night outside to safeguard against another strong tremor.

Build an AI-powered document processing platform with open source NER model and LLM on Amazon SageMaker
Business

Build an AI-powered document processing platform with open source NER model and LLM on Amazon SageMaker

April 23, 2025

Archival data in research institutions and national laboratories represents a vast repository of historical knowledge, yet much of it remains…

European Central Bank should only cut interest rates once more this year, IMF Europe head says
Business

European Central Bank should only cut interest rates once more this year, IMF Europe head says

April 23, 2025

The ECB should hold its key rate at 2% from the summer barring major shocks, Alfred Kammer, director of the…

Pope Francis’s body moved to St Peter’s Basilica for lying in state
Business, News

Pope Francis’s body moved to St Peter’s Basilica for lying in state

April 23, 2025

The body of the pontiff, who died on Monday, has been moved into the church for a period of public…

Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules
Business

Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules

April 23, 2025

The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc’s digital…

Top US officials pull out of Russia-Ukraine ceasefire talks in London
Business, News

Top US officials pull out of Russia-Ukraine ceasefire talks in London

April 23, 2025

US Secretary of State Marco Rubio and special envoy Steve Witkoff are no longer attending the talks.

Software giant SAP’s shares surge 9.3% after first-quarter profit beat
Business

Software giant SAP’s shares surge 9.3% after first-quarter profit beat

April 23, 2025

SAP announced Wednesday that its first-quarter operating profit had risen by 58% year-on-year to hit 2.5 billion euros ($2.9 billion).

Muon Optimizer Significantly Accelerates Grokking in Transformers: Microsoft Researchers Explore Optimizer Influence on Delayed Generalization
Business

Muon Optimizer Significantly Accelerates Grokking in Transformers: Microsoft Researchers Explore Optimizer Influence on Delayed Generalization

April 23, 2025

Revisiting the Grokking Challenge In recent years, the phenomenon of grokking—where deep learning models exhibit a delayed yet sudden transition…

Musk to reduce Doge role after Tesla profits plunge
Business, News

Musk to reduce Doge role after Tesla profits plunge

April 23, 2025

The tech boss says he intends to spend only one to two days a week on Trump administration matters.

CNBC’s The China Connection newsletter: U.S. regulatory scrutiny fans Chinese stock delisting fears
Business

CNBC’s The China Connection newsletter: U.S. regulatory scrutiny fans Chinese stock delisting fears

April 23, 2025

A comment from U.S. Treasury Secretary Scott Bessent has reignited fears on Wall Street about a forced delisting of Chinese…

Open-Source TTS Reaches New Heights: Nari Labs Releases Dia, a 1.6B Parameter Model for Real-Time Voice Cloning and Expressive Speech Synthesis on Consumer Device
Business

Open-Source TTS Reaches New Heights: Nari Labs Releases Dia, a 1.6B Parameter Model for Real-Time Voice Cloning and Expressive Speech Synthesis on Consumer Device

April 23, 2025

The development of text-to-speech (TTS) systems has seen significant advancements in recent years, particularly with the rise of large-scale neural…

Meet VoltAgent: A TypeScript AI Framework for Building and Orchestrating Scalable AI Agents
Business

Meet VoltAgent: A TypeScript AI Framework for Building and Orchestrating Scalable AI Agents

April 22, 2025

VoltAgent is an open-source TypeScript framework designed to streamline the creation of AI‑driven applications by offering modular building blocks and…

Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates
Business

Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

April 22, 2025

Tesla’s first-quarter earnings report lands as investors reckon with a steep slide in the company’s stock price.

Global growth forecast slashed by IMF over tariff impact
Business, News

Global growth forecast slashed by IMF over tariff impact

April 22, 2025

The US suffers the biggest downgrade to growth among advanced economies, in the influential International Monetary Fund’s latest forecast.

A Coding Guide to Build an Agentic AI‑Powered Asynchronous Ticketing Assistant Using PydanticAI Agents, Pydantic v2, and SQLite Database
Business

A Coding Guide to Build an Agentic AI‑Powered Asynchronous Ticketing Assistant Using PydanticAI Agents, Pydantic v2, and SQLite Database

April 22, 2025

In this tutorial, we’ll build an end‑to‑end ticketing assistant powered by Agentic AI using the PydanticAI library. We’ll define our…

Bessent says he expects ‘de-escalation’ in U.S.-China tariff fight in the ‘very near future’
Business

Bessent says he expects ‘de-escalation’ in U.S.-China tariff fight in the ‘very near future’

April 22, 2025

Stocks, already recovering from the prior day’s sell off, soared higher on news of the remarks from Trump Treasury Secretary…

We’re orphans now, say Gaza Catholics the Pope called daily
Business, News

We’re orphans now, say Gaza Catholics the Pope called daily

April 22, 2025

Pope Francis had a close relationship with Gaza’s tiny Christian community and used his last address to call for a…

Supercharge your LLM performance with Amazon SageMaker Large Model Inference container v15
Business

Supercharge your LLM performance with Amazon SageMaker Large Model Inference container v15

April 22, 2025

Today, we’re excited to announce the launch of Amazon SageMaker Large Model Inference (LMI) container v15, powered by vLLM 0.8.4…

European Central Bank’s Lagarde says she hopes Trump doesn’t fire Fed’s Powell
Business

European Central Bank’s Lagarde says she hopes Trump doesn’t fire Fed’s Powell

April 22, 2025

The ECB last week cut interest rates by a further 25 basis points and warned of a ‘deteriorated’ growth outlook…

Atla AI Introduces the Atla MCP Server: A Local Interface of Purpose-Built LLM Judges via Model Context Protocol (MCP)
Business

Atla AI Introduces the Atla MCP Server: A Local Interface of Purpose-Built LLM Judges via Model Context Protocol (MCP)

April 22, 2025

Reliable evaluation of large language model (LLM) outputs is a critical yet often complex aspect of AI system development. Integrating…

At least five killed after gunmen open fire on tourists in Indian-administered Kashmir
Business, News

At least five killed after gunmen open fire on tourists in Indian-administered Kashmir

April 22, 2025

The region’s chief minister said the attack was “much larger than anything we’ve seen directed at civilians in recent years”.

IMF slashes UK’s growth forecast, points to U.S. tariffs and borrowing costs
Business

IMF slashes UK’s growth forecast, points to U.S. tariffs and borrowing costs

April 22, 2025

The International Monetary Fund downgraded the U.K.’s 2025 growth forecast in its latest economic outlook released on Tuesday.

Pope’s funeral to take place on Saturday, says Vatican
Business, News

Pope’s funeral to take place on Saturday, says Vatican

April 22, 2025

Ahead of the funeral, the pontiff’s body will lie in St Peter’s basilica from Wednesday.

India’s Modi and U.S. Vice President Vance optimistic on New Delhi-Washington trade deal
Business

India’s Modi and U.S. Vice President Vance optimistic on New Delhi-Washington trade deal

April 22, 2025

Modi’s office said the two leaders “welcomed the significant progress in the negotiations for a mutually beneficial India-U.S. Bilateral Trade…

LLMs Can Now Retain High Accuracy at 2-Bit Precision: Researchers from UNC Chapel Hill Introduce TACQ, a Task-Aware Quantization Approach that Preserves Critical Weight Circuits for Compression Without Performance Loss
Business

LLMs Can Now Retain High Accuracy at 2-Bit Precision: Researchers from UNC Chapel Hill Introduce TACQ, a Task-Aware Quantization Approach that Preserves Critical Weight Circuits for Compression Without Performance Loss

April 22, 2025

LLMs show impressive capabilities across numerous applications, yet they face challenges due to computational demands and memory requirements. This challenge…

As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not
Business

As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not

April 22, 2025

The King Dollar is losing its crown, and the rippling effect on other currencies is bringing a mix of relief…

A Code Implementation of a Real‑Time In‑Memory Sensor Alert Pipeline in Google Colab with FastStream, RabbitMQ, TestRabbitBroker, Pydantic
Business

A Code Implementation of a Real‑Time In‑Memory Sensor Alert Pipeline in Google Colab with FastStream, RabbitMQ, TestRabbitBroker, Pydantic

April 22, 2025

In this notebook, we demonstrate how to build a fully in-memory “sensor alert” pipeline in Google Colab using FastStream, a…

Nomura to buy Macquarie’s U.S. and European public asset management business for $1.8 billion
Business

Nomura to buy Macquarie’s U.S. and European public asset management business for $1.8 billion

April 22, 2025

This would increase the assets under management of Nomura’s investment management division to $770 billion, up from the $590 billion…

Anthropic Releases a Comprehensive Guide to Building Coding Agents with Claude Code
Business

Anthropic Releases a Comprehensive Guide to Building Coding Agents with Claude Code

April 22, 2025

Anthropic has released a detailed best-practice guide for using Claude Code, a command-line interface designed for agentic software development workflows.…

Amazon Bedrock Prompt Optimization Drives LLM Applications Innovation for Yuewen Group
Business

Amazon Bedrock Prompt Optimization Drives LLM Applications Innovation for Yuewen Group

April 21, 2025

Yuewen Group is a global leader in online literature and IP operations. Through its overseas platform WebNovel, it has attracted…

Tesla shares tumble ahead of first-quarter earnings report
Business

Tesla shares tumble ahead of first-quarter earnings report

April 21, 2025

Tesla shares dropped almost 6% on Monday, a day before the company is scheduled to release first-quarter earnings.

LLMs Still Struggle to Cite Medical Sources Reliably: Stanford Researchers Introduce SourceCheckup to Audit Factual Support in AI-Generated Responses
Business

LLMs Still Struggle to Cite Medical Sources Reliably: Stanford Researchers Introduce SourceCheckup to Audit Factual Support in AI-Generated Responses

April 21, 2025

As LLMs become more prominent in healthcare settings, ensuring that credible sources back their outputs is increasingly important. Although no…

Final days of Pope who joined Vatican crowds at Easter despite doctors’ advice
Business, News

Final days of Pope who joined Vatican crowds at Easter despite doctors’ advice

April 21, 2025

Francis did what he had always done, receiving visitors and meeting people from every walk of life.

Build a location-aware agent using Amazon Bedrock Agents and Foursquare APIs
Business

Build a location-aware agent using Amazon Bedrock Agents and Foursquare APIs

April 21, 2025

This post is co-written with Vikram Gundeti and Nate Folkert from Foursquare. Personalization is key to creating memorable experiences. Whether…

Serverless MCP Brings AI-Assisted Debugging to AWS Workflows Within Modern IDEs
Business

Serverless MCP Brings AI-Assisted Debugging to AWS Workflows Within Modern IDEs

April 21, 2025

Serverless computing has significantly streamlined how developers build and deploy applications on cloud platforms like AWS. However, debugging and managing…

Build an automated generative AI solution evaluation pipeline with Amazon Nova
Business

Build an automated generative AI solution evaluation pipeline with Amazon Nova

April 21, 2025

Large language models (LLMs) have become integral to numerous applications across industries, ranging from enhanced customer interactions to automated business…

A Step-by-Step Coding Guide to Defining Custom Model Context Protocol (MCP) Server and Client Tools with FastMCP and Integrating Them into Google Gemini 2.0’s Function‑Calling Workflow
Business

A Step-by-Step Coding Guide to Defining Custom Model Context Protocol (MCP) Server and Client Tools with FastMCP and Integrating Them into Google Gemini 2.0’s Function‑Calling Workflow

April 21, 2025

In this Colab‑ready tutorial, we demonstrate how to integrate Google’s Gemini 2.0 generative AI with an in‑process Model Context Protocol…

Trump ramps up attacks on Powell, demands ‘loser’ Fed chair lower rates ‘NOW’
Business

Trump ramps up attacks on Powell, demands ‘loser’ Fed chair lower rates ‘NOW’

April 21, 2025

President Donald Trump ratcheted up his pressure campaign on Federal Reserve Chairman Jerome Powell.

Vatican announces death of Pope Francis aged 88
Business, News

Vatican announces death of Pope Francis aged 88

April 21, 2025

The Pope’s death comes just a day after he appeared in St Peter’s Square on Sunday to wish “Happy Easter”…

Hegseth shared Yemen attack details in second Signal chat, reports say
Business, News

Hegseth shared Yemen attack details in second Signal chat, reports say

April 21, 2025

The private messaging group included the US defence secretary’s wife, brother and personal lawyer, sources tell US media.

Pope Francis, the first pontiff from the Americas, dies at 88
Business

Pope Francis, the first pontiff from the Americas, dies at 88

April 21, 2025

“Dearest brothers and sisters, with deep sorrow I must announce the death of our Holy Father Francis,” Cardinal Kevin Farrell…

ByteDance Releases UI-TARS-1.5: An Open-Source Multimodal AI Agent Built upon a Powerful Vision-Language Model
Business

ByteDance Releases UI-TARS-1.5: An Open-Source Multimodal AI Agent Built upon a Powerful Vision-Language Model

April 21, 2025

ByteDance has released UI-TARS-1.5, an updated version of its multimodal agent framework focused on graphical user interface (GUI) interaction and…

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