Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK’s top financial regulator is facing a fierce backlash from the government and City executives over its plan to “name and shame” companies under investigation more frequently and at a much earlier stage.
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The dysfunction in the majority party in the US House of Representatives was as clear as Saturday’s final vote on $60bn in military aid for Ukraine: of the 218 Republicans in the House, most (112)
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US House of Representatives has begun voting on a $95bn package of foreign aid for Ukraine, Israel and Taiwan, in what could be a big breakthrough after months of inaction on Capitol Hill. The
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. A $95bn US aid package for Ukraine, Israel and Taiwan is set for a final vote on Saturday, after Democratic lawmakers backed the plan put forward by the House of Representatives’ Republican Speaker Mike
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mysterious wreckages photographed in Iraq have given the clearest indication yet of how Israel might have launched its counterstrike against Iran. The pictures, scoured by military analysts and open-source intelligence enthusiasts, suggest that Israel may
Sharing is caring — Password crackdown leads to more income for Netflix Netflix to stop reporting subscriber numbers, prioritizing viewer engagement instead. Christopher Grimes, Financial Times – Apr 19, 2024 1:28 pm UTC EnlargeBloomberg reader comments 12 Netflixs crackdown on password sharing helped the streaming service blow past Wall Streets earnings forecasts, but its shares
Loading… Loading… Banking regulators are investigating whether index-fund giantsBlackRock IncBLK ,Vanguard, andState Street CorporationSTT adhere strictly to their passive roles in U.S. bank investments. These firms manage over $23 trillion, much of it in funds mirroring indexes like the S&P 500. BlackRock and Vanguard possess over 10% of shares in numerous banks, a threshold usually
pics and it didn’t happen — Microsofts VASA-1 can deepfake a person with one photo and one audio track YouTube videos of 6K celebrities helped train AI model to animate photos in real time. Benj Edwards – Apr 19, 2024 1:07 pm UTC Enlarge / A sample image from Microsoft for “VASA-1: Lifelike Audio-Driven Talking
Oil prices fluctuated on Friday, briefly spiking as much as 3% after Israel hit back at Iran in a retaliatory strike, further heightening tensions in the Middle East. Brent crude prices briefly reached above $90 per barrel after a US official told ABC News that Israel launched missile strikes against Iran late Thursday. The attack
Tesla has voluntarily recalled all of the nearly 4,000 Cybertrucks it has sold over faulty accelerator pedals that risk causing fatal accidents, the National Highway Traffic and Safety Administration confirmed on Friday. According to a safety recall report by the NHTSA, the pad on the accelerator pedals of affected Cybertrucks “may dislodge, which may cause
Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users type prompts, as it races to catch up to generative AI market leader OpenAI. The models will be integrated into its virtual assistant Meta AI, which the company is pitching as the
By Vijay Kumar Malesu Apr 18 2024 Reviewed by Susha Cheriyedath, M.Sc. In a recent study published in the journal PLOS Digital Health, researchers assessed and compared the clinical knowledge and diagnostic reasoning capabilities of large language models (LLMs) with those of human experts in the field of ophthalmology. Study: Large language models approach expert-level
In a recent report, global wealth manager UBS identified the sectors likely to drive the next wave of technological innovation and the stocks that stand to benefit. What Happened: UBS has pinpointed artificial intelligence (AI), cybersecurity, health tech, Greentech, and fintech as the sectors that will produce the next big thing in tech. The bank
It’s all jokes until it isn’t — Elon Musks Grok keeps making up fake news based on X users jokes X likely hopes to avoid liability with disclaimer that Grok “can make mistakes.” Ashley Belanger – Apr 18, 2024 9:47 pm UTC EnlargeSOPA Images / Contributor | LightRocket reader comments 69 X’s chatbot Grok is
By Pooja Toshniwal Paharia Apr 19 2024 Reviewed by Lily Ramsey, LLM In a recent study published in Nature Medicine, researchers developed the medical concept retriever (MONET) foundation model, which connects medical pictures to text and evaluates images based on their idea existence, which aids in critical tasks in medical artificial intelligence (AI) development and
Loading… Loading… ARK Investment Management LLC predicts that five disruptive technologies could reach a total market value of $220 trillion by 2030. According to the latest white paper, Platforms Of Innovation How Converging Technologies Should Propel A Step Change In Economic Growth, the Cathie Wood-led investment company explores the ascendance of five critical technologies: Artificial
Loading… Loading… Needhamanalyst Kyle Peterson initiated coverage onAffirm Holdings IncAFRM witha Hold rating. Affirm is a leading provider of buy now, pay later (BNPL) services, with a broad range of product offerings and notable partnerships, most notably withAmazon.Com IncAMZN andShopify IncSHOP , the analyst noted. While Peterson flagged Affirms diverse product suite and expects the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran has activated air defence systems across several provinces, according to official news agency IRNA, after reports that an explosion was heard near the city of Isfahan. Tasnim news agency, which is close to Iran’s
The UK government has told the country’s port authorities that it will not “turn on” critical health and safety checks for EU imports when post-Brexit border controls begin this month because of the risk of “significant disruption”. In a presentation seen by the Financial Times, the Department for Environment, Food and Rural Affairs (Defra) outlined
adventures in latent space — OpenAI winds down AI image generator that blew minds and forged friendships in 2022 How a group of friends found themselves at the center of a fierce debate about the future of art. Benj Edwards – Apr 18, 2024 11:00 am UTC Enlarge / An AI-generated image from DALL-E 2