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Dario Amodei, CEO of AI firm Anthropic, has warned that the race to develop AI is moving faster than efforts to fully understand it. Speaking at an event in Paris, he stressed the need for deeper research into AI models, describin...
The rise of DeepSeek's AI models is offering Chinese chipmakers like Huawei a better chance to compete in the domestic market against the powerful processors from US companies like Nvidia. For years, Huawei and other Chinese manuf...
Adobe has launched the first public version of its AI-powered video generation tool, Firefly Video Model, introducing competition to OpenAI's Sora and Runway's video-generation services. The tool is designed to integrate with Adob...
Two European startups have reached key milestones in electric vehicle (EV) battery recycling as they prepare to meet upcoming EU regulations and reduce reliance on China's battery supply chain. From August 2030, European automaker...
Mastercard has tokenised 30% of its transactions in 2024, marking a significant step in its efforts to innovate the payments ecosystem. The company highlighted its commitment to supporting blockchain and digital currencies, workin...
The European Commission has abandoned proposed regulations on technology patents, AI liability, and privacy rules for messaging apps, citing a lack of foreseeable agreement among EU lawmakers and member states. The draft rules fac...
Alibaba has announced a new partnership with Apple to support the development of AI services for iPhones in China, a move that aims to help Apple counter declining smartphone sales in its crucial market. The collaboration is seen ...
Italian police have recovered nearly one million euros that was fraudulently wired to a foreign bank account after scammers used AI to mimic the voice of Defence Minister Guido Crosetto. The criminals targeted prominent business l...
Federal Reserve Governor Christopher Waller has called for a regulatory framework allowing both banks and non-banks to issue stablecoins. Speaking at a conference in San Francisco, he stressed that a well-defined approach is essen...
China's spending on chipmaking equipment is expected to fall by 6% in 2025, marking its first decline since 2021, according to Canadian research firm TechInsights. The drop follows years of aggressive stockpiling as Chinese firms ...
Elon Musk's platform X, formerly Twitter, has agreed to pay about$10 million to settle a lawsuit filed by Donald Trump. The case arose after Trump's account was suspended following the storming of the US Capitol in January 2021. T...
AI is set to revolutionise wealth management by lowering the barriers to entry for new players, according to a Microsoft executive. Martin Moeller, head of AI for financial services at Microsoft, highlighted that AI's ability to p...
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