Google has placed limits on Meta Platforms Inc.’s use of its Gemini artificial intelligence models because it could not provide as much computing capacity as the social media company wanted, according to the Financial Times. Source link
Austria has proposed that the European Union should consider hosting Anthropic within the bloc’s borders in order to counter efforts by the United States to block foreigners from using the AI company’s most advanced models. Source link
German carmaker Volkswagen plans to end its automated driving tie-up with auto supplier Bosch as part of a wider push to cut costs and boost competitiveness, Germany’s Bild newspaper reported on Sunday, citing multiple sources. Source link
Toyota Motor said on Monday that global vehicle sales slipped for a fourth consecutive month in May, as decreases in China and the Middle East weighed on overall results. Source link
Kardigan co-founder and CEO Tassos Gianakakos discusses the new leads his company has found in battling heart disease on ‘The Claman Countdown.’ Nearly one million bottles of heart and kidney medication have been recalled nationwide over the possibility of a “foreign substance,” according to the U.S. Food and Drug Administration. California-based Amgen, Inc. voluntarily recalled at…
Brent crude futures climbed to $72.49 a barrel. Source link
Google has put limits on Meta’s use of its Gemini AI models after the social media company sought more computing capacity than the rival tech group could provide, the Financial Times reported on Sunday. Source link
Kevin Warsh is already having a noticeable impact on the Federal Reserve. The FOMC held its first meeting since Warsh took the position of chairman earlier this month, and there were a few things worth noting. First, the statement released after the meeting was short and to the point. The final sentence read, “The Committee…
Just as investors grew jittery over lofty valuations, Micron (MU) delivered the blockbuster outlook needed to keep the AI rally alive. But while chipmakers celebrate soaring hardware prices, the rest of the tech sector is left holding a very expensive bill. The memory chipmaker’s blowout earnings and guidance last week reassured investors that AI spending…
SPRINGFIELD — Unemployment rates mostly declined or remained stable in northern Illinois in May, but they were up from a year ago, according to figures released Friday by the Illinois Department of Employment Security. Winnebago County had an unemployment rate of 5% in May, down from 5.2% in April, but up from 4.7% in May…
