The artificial intelligence behind ChatGPT, the homework-drafting chatbot that some schools have banned, is coming to more students via the company Chegg Inc. The U.S. educational software maker has combined its corpus of quiz answers with the chatbot’s AI model known as GPT-4 to create CheggMate, a study aide tailored to students, CEO Dan Rosensweig […]
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Nine states, including Michigan and Nebraska, have joined a U.S. Department of Justice lawsuit against Alphabet’s Google which alleges the search and advertising company broke antitrust law in running its digital advertising business, the department said on Monday. The states joining the lawsuit were Arizona, Illinois, Michigan, Minnesota, Nebraska, New Hampshire, North Carolina, Washington and […]
Quantum computers promise to be millions of times faster than today’s fastest supercomputers, potentially revolutionizing everything from medical research to the way people solve problems of climate change. The wait for these machines, though, has been long, despite the billions poured into them. But the uncertainty and the dismal stock performance of publicly-listed quantum computer […]
Asset manager BlackRock Inc is launching a months-long process on Tuesday to help the Federal Deposit Insurance Corp offload $114 billion of assets it picked up recently from failed banks, Bloomberg News reported on Monday, citing emails. Earlier this month, the Federal Deposit Insurance Corp (FDIC) retained BlackRock’s unit to sell the securities portfolios it […]
Apple Inc is seeking to attract U.S. savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group Inc amid increased competition among financial institutions for consumer dollars. Apple said users of its Apple Card can earn 4.15% on savings accounts, or 10 times higher than the national average, citing […]
A look at the day ahead in Asian markets from Jamie McGeever. Investors’ focus on Tuesday rests squarely on China: From an economic and market perspective, eyes are on a raft of data including first-quarter GDP; while the latest twist in souring U.S.-Sino relations will do little to ease geopolitical concerns. U.S. law enforcement officials […]
Technology has revolutionized the world and is playing a significant role in the economic development of Africa. With advancements in mobile technology, African countries are embracing technology as a key driver of growth. The accessibility to financial services, e-commerce, and information through mobile technology has brought about positive changes in the lives of millions of […]
Saturday April 15, 2023, Côte d’Ivoire – Early this morning, Tiemoko Antoine Assale, director of the satirical weekly “L’Eléphant déchaîné,” went live on Facebook calling for the boycott of Orange and MTN, two prominent telecom operators in the region, from the 15th to the 18th of April. Deputy Assale is the only one out of 255 committed to […]
Italy’s recent move to ban ChatGPT, a popular chatbot powered by artificial intelligence (AI) developed by Open AI, has sparked a heated debate among European regulators. While some argue that Italy’s ban is driven by concerns over data privacy and compliance with the General Data Protection Regulation (GDPR), others suspect geopolitical factors are at play. […]
The recent announcement of UBS Group’s acquisition of Credit Suisse Group has sent shockwaves through the Swiss banking industry. The combination of the country’s two largest banks is expected to create a dominant player in the domestic market, with a pro forma market share of about 30% of domestic deposits and 25% of domestic loans, […]