Finance Chiefs Are Grappling with the Complex Math of Balancing Investments in Generative Ai with Potential Profits That Are Hard to Gauge by Traditional Measures
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Generative AI is generating astronomical profits by trampling authors and publishers
Big tech wants a pass on the indiscriminate appropriations they have already undertaken and continue to press for their own gains. There isn’t a single, rational reason to accommodate them.The Hill - Politics -
Exclusive: Visa’s CIO shares insights on generative AI’s transformative potential in payments industry
Visa's CIO Don Hobson shares his vision for how generative AI will revolutionize the global payments landscape, from enhanced fraud detection to greater financial inclusion.VentureBeat - Tech -
The AI ecosystem is complex and dynamic: Its regulation should acknowledge that
We cannot presume that existing regulatory efforts looking backwards are either sufficient or a substitute for this bigger and more complex endeavor, which necessarily must be forward-looking, for a future that is inherently uncertain.The Hill - Politics -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Exclusive: AI startup Edia guarantees better math outcomes for school districts within one year
AI startup Edia is guaranteeing improved math outcomes for students in grades 6-12 within a year, offering a full refund if results aren't met.VentureBeat - Tech -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Cohere releases toolkit to accelerate generative AI app development in the enterprise
Cohere's new developer toolkit is an open-source repository to build retrieval-augmented generation AI apps, reducing time to market to days.VentureBeat - Tech -
Salesforce Einstein Copilot brings new reasoning and actions to enterprise generative AI
Salesforce Einstein Copilot generative AI is now generally available, bringing new actions and analytics to enterprise users.VentureBeat - Tech -
AI-Generated Child Sexual Abuse Material May Overwhelm Tip Line
A report by Stanford researchers cautions that the National Center for Missing and Exploited Children doesn’t have the resources to help fight the new epidemic.The New York Times - Tech -
Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil. Shares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed ...The Guardian - World -
Google Thinks It Can Cash In on Generative AI. Microsoft Already Has
While both Alphabet and Microsoft boasted strong quarterly earnings, only one tech giant showed that its generative AI bet is starting to pay off.Wired - Tech - Google -
Estée Lauder and Microsoft partner to help beauty brands use generative AI
Estée Lauder partners with Microsoft to form AI Innovation Lab to research and develop gen AI beauty solutions for its 20+ brands.VentureBeat - Tech - Microsoft -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
What's News: Business & Finance
What’s News: Business & FinanceThe Wall Street Journal - World -
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productiveABC News - Tech - Microsoft -
Tupac's estate threatens to sue Drake over diss track using what appears to be late rapper's AI-generated voice
Tupac Shakur’s estate is threatening to sue Drake over his recent Kendrick Lamar diss track, calling what appears to be the use of an artificial intelligence-generated version of the late rapper’s voice a “blatant abuse” of his legacy.NBC News - Top stories -
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.CNBC - Business -
Oracle doubles down on generative AI with new features to accelerate enterprise deal cycles
With the new features and the ones announced last month, Oracle now has more than 50 generative AI smarts handling different functions across Fusion Cloud applications.VentureBeat - Tech -
Stellar Blade - Xion Math Puzzle Solutions
Stellar Blade has a few mysteries that you have to uncover. One, in particular, has an individual who wants you to play a little game. Here's our guide on how to solve the Xion math puzzles in Stellar Blade.How to solve Xion math puzzles in ...GameSpot - Tech -
Microsoft's profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.
Microsoft’s profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.The Wall Street Journal - World -
Amazon said it would let companies use their own generative artificial-intelligence models inside its AI app development platform.
Amazon said it would let companies use their own generative artificial-intelligence models inside its AI app development platform.The Wall Street Journal - World -
Relative measures can be absolutely wrong
Comparing one data point with another can be misleading, nonsensical or even dangerous.Financial Times - Business -
United Methodist Church grapples with deep divides over LGBTQ issues
Leaders of the United Methodist Church meet to determine its future over LGBTQ issues and dwindling membership.NBC News - Top stories -
Supreme Court grapples with the gravity of their decision in Trump's immunity claim
NBC News' Laura Jarrett reports on what she observed as the Supreme Court heard arguments in former President Trump's claim of presidential immunity in the election interference case against him. The justices appeared aware of the gravity of the ...NBC News - Politics - Donald Trump -
Lessons for investors from the history of war finance
Governments rarely tell voters the true cost of military adventures, or how they intend to pay for themFinancial Times - Business -
How to Handle Your Finances as a Young Widow or Widower
People who suddenly lose a spouse while young can feel unprepared for what their future looks like.The New York Times - Business -
WATCH: Watch this dog that can solve math problems with her paw
Luna, a mini cockapoo, has a unique talent for solving math problems with help from her owner.ABC News - Top stories -
The complexities of racing an oval: it's more than just turning left
"Go fast, turn left." The cliche is well known among NASCAR crowds, and Alanis King speaks to the series' best to explain the nuances of stock car's oval racing.ESPN - Sports -
How UCF's Jasmine Williams balances softball, motherhood and social media stardom
UCF shortstop Jasmine Williams went from losing 40,000 Instagram followers and almost quitting softball to finding her passion again.ESPN - Sports -
Potential TikTok ban signed into law
President Biden signed into law a foreign aid bill that also includes a provision that could ban TikTok. ByteDance, the Chinese company that owns the popular social media platform, will have to sell it within a certain period of time in order to ...CBS News - Top stories - Tiktok -
TikTok creator on impact of potential ban
Lisa Guerrera is the founder of New York City-based skincare beauty startup Experiment. She joined CBS News to talk about how TikTok has impacted her business and what a nationwide ban would mean for her and other entrepreneurs and content ...CBS News - Top stories - Tiktok -
Sadiq Khan apologises to Chief Rabbi
Mr Khan says he is "sorry for any hurt" caused over remarks he made in a recent interview.BBC News - Top stories -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
NextEra Arm, Squeezed by Niche Financing, Considers Private Capital Raise
NextEra Energy Partners is mulling its options for how to pay bills coming due under an obscure type of financing that has weighed on the company since its stock price tumbled last year.The Wall Street Journal - World -
Barclays accused of greenwashing over financing for Italian oil company
Exclusive: Environmental groups say bank is misleading public over ‘sustainable’ financing for Eni as company vastly expands fossil fuel production. Barclays is being accused by environmental groups of greenwashing after helping to arrange €4bn ...The Guardian - World -
TikTok ban measure signed by Biden. Here's what could happen next.
President Biden signed a foreign aid package into law that includes a potential ban on TikTok in the U.S. Here's what experts say could happen next.CBS News - Politics - Tiktok -
California university cancels event over Gaza protests
Meanwhile, hundreds of students march in Washington DC, and congresswoman Ilhan Omar joins protesters at a New York campus.BBC News - Top stories - California