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Minority-Led Small Businesses Are Using Generative AI in High Numbers, Citing an Increased Ability to Level the Playing Field
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AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.CNBC - Business -
Business locked in expensive AI 'arms race'
Business leaders feel pressure to invest in AI but the costs are formidable.BBC News - Top stories -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
Lawmakers Fear a Wave of Election Threats Tied to the Rise of Generative AI
Some small businesses are stepping up to help protect ballot boxes and preserve faith in the electoral process.Inc. - Business -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
Kyndryl and Nvidia team to enable and accelerate enterprise generative AI adoption
Kyndryl and Nvidia join forces to empower businesses with the tools and expertise to develop and deploy successful generative AI projects.VentureBeat - Tech -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
High levels of weedkiller found in more than half of sperm samples, study finds
Glyphosate found in samples from French infertility clinic raising questions about controversial chemical’s impact on fertility. More than 55% of sperm samples from a French infertility clinic contained high levels of glyphosate, the world’s most ...The Guardian - World
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Startup CEO Sees Friends Flame Out: 'What Is It All For?'
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Why Wall Street's Record Rally Stands on Shaky Ground
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Red Lobster Files for Bankruptcy Protection
Chapter 11 heads chain's menu as it secures $100 million in financing from its current lenders.Inc. - Business