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Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
cnbc.com/2024/03/27/amazon-spends-2point7b-on-startup-anthropic-in-largest-venture-investment.html
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture ...
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Amazon said it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion ... Show more

Amazon pours an additional $2.75 billion into AI startup Anthropic
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Amazon’s Major Leap into A.I. with Anthropic Investment: Amazon has taken a bold step in the artificial intelligence (AI) by investing up to $4 billion in ...
riotimesonline.com/amazons-major-leap-into-a-i-with-anthropic-investment/
Amazon’s Major Leap into A.I. with Anthropic Investment
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Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
cnbc.com/2024/03/27/amazon-spends-2point7b-on-startup-anthropic-in-largest-venture-investment.html
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture ...
Profile picture of The Rio Times
Amazon’s Major Leap into A.I. with Anthropic Investment: Amazon has taken a bold step in the artificial intelligence (AI) by investing up to $4 billion in ...
riotimesonline.com/amazons-major-leap-into-a-i-with-anthropic-investment/
Amazon’s Major Leap into A.I. with Anthropic Investment
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Amazon pours additional $2.75bn into AI startup Anthropic: Extra financing will bring technology giant’s total investment in OpenAI rival to $4bn
theguardian.com/technology/2024/mar/27/anthropic-amazon-ai-startup
Amazon pours additional $2.75bn into AI startup Anthropic
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Anthropic to use AWS cloud infrastructure as its primary resource for critical tasks, more
mspoweruser.com/anthropic-to-use-aws-cloud-infrastructure-as-its-primary-resource-for-critical-tasks-more/
Anthropic to use AWS cloud infrastructure as its primary resource for ...
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Amazon's $4 billion investment in AI startup Anthropic is its biggest ever: Amazon initially invested $1.25 billion in September, and said Wednesday it is ...
qz.com/amazon-anthropic-investment-ai-1851369950
Amazon's $4 billion investment in AI startup Anthropic is its biggest ever
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Amazon invests another $2.75B in Anthropic — reportedly ‘largest’ in company history
venturebeat.com/ai/amazon-invests-another-2-75b-in-anthropic-reportedly-largest-in-company-history/
Amazon invests another $2.75B in Anthropic — reportedly ‘largest’ in ...
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AI could kill off most call centres, says Tata Consultancy Services head: Chatbots will soon take over much of the work of human agents, forecasts chief of ...
ft.com/content/149681f0-ea71-42b0-b85b-86073354fb73
AI could kill off most call centres, says Tata Consultancy Services head
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
  • The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.

  • TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.

  • Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.

  • Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
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The Sports Bra announces plans to franchise with investment from Reddit co-founder Alexis Ohanian
oregonlive.com/sports/2024/04/the-sports-bra-announces-plans-to-franchise-with-investment-from-alexis-ohanian.html
The Sports Bra announces plans to franchise with investment from Reddit ...
Quick Glance: The Sports Bra Announces Franchising Plans with Investment from Reddit Co-Founder Alexis Ohanian
  • The Sports Bra, a now-iconic Portland destination that made history as the first women’s sports bar in the world, has announced plans to franchise and expand into other cities.

  • Investment from Reddit co-founder Alexis Ohanian - the husband of tennis legend Serena Williams - will fund the effort in partnership with Ohanian’s 776 Foundation. All returns from the investment will be invested back into girls’ and women’s sports via the foundation, the Sports Bra wrote in a post on Instagram.

  • Owner Jenny Nguyen opened The Sports Bra in Portland in 2022, and the business thrived in a city and state that has consistently showcased strong support for women’s sports.

  • But the growing hype around women’s sports is not unique to Portland. The popularity of women’s professional sports has seen a significant national uptick thanks, in part, to the emerging stardom of athletes like Sophia Smith, Caitlin Clark and others.
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Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Honda to set up $11 bln electric vehicle, battery plants in Canada
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
  • Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.

  • Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.

  • The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.

  • Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
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The telltale signs of AI-generated images, video and audio, according to experts: Experts say it’s still possible to detect AI-generated imagery ...
wivb.com/news/telltale-signs-ai-generated-images-video-and-audio-according-to-experts/
The telltale signs of AI-generated images, video and audio ...
Quick Glance: Uncovering the World of AI-Generated Media
  • The proliferation of AI-generated images and text is a growing concern on the internet, impacting users more than they realize.

  • Experts caution about the impact of synthetic media on decision-making processes and society.

  • Despite the potential for beneficial applications of generative AI, the lack of oversight necessitates consumers to verify content authenticity.

  • There are techniques to detect fake images and videos, such as identifying details like flawed hand positions, inconsistent eye reflections, and incoherent backgrounds.
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Google parent Alphabet announces first-ever dividend, shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck ...
reuters.com/technology/google-parent-alphabet-announces-first-ever-divided-20-cents-per-share-2024-04-25/
Google parent Alphabet announces first-ever dividend, shares soar
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Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
reuters.com/technology/apple-renews-talks-with-openai-iphone-generative-ai-features-bloomberg-news-2024-04-26/
Apple renews talks with OpenAI for iPhone generative AI features ...
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Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Meta shares plunge as prolonged AI spending plans unnerve investors
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Alexis Ohanian makes an unprecedented investment in women’s track: Seeing “tremendous upside” in the sport, the billionaire is funding a women-only event this ...
washingtonpost.com/sports/olympics/2024/04/23/alexis-ohanian-is-funding-women-only-track-event-this-fall/
Alexis Ohanian makes an unprecedented investment in women’s track
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Toyota Makes $1.4 Billion EV Investment in Indiana Facility: The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky ...
wsj.com/business/autos/toyota-makes-1-4-billion-ev-investment-in-indiana-facility-594607ac
Toyota Makes $1.4 Billion EV Investment in Indiana Facility
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Meta is putting AI front and center in its apps, and some users are annoyed: Meta’s artificial intelligence-powered assistant is suddenly everywhere in its ...
nbcnews.com/tech/tech-news/meta-putting-ai-front-center-apps-users-are-annoyed-rcna148857
Meta is putting AI front and center in its apps, and some users are ...
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Treasurer Jim Chalmers wants stronger foreign investment rules. What does that mean?
smh.com.au/national/treasurer-jim-chalmers-wants-stronger-foreign-investment-rules-what-does-that-mean-20240425-p5fmge.html
Treasurer Jim Chalmers wants stronger foreign investment rules ...
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Google plans $3 bln data center investment in Indiana, Virginia: Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in ...
reuters.com/technology/google-plans-3-bln-data-center-investment-indiana-virginia-2024-04-26/
Google plans $3 bln data center investment in Indiana, Virginia
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Toyota preps new large electric SUV, is this the Highlander EV we’ve been waiting for?
electrek.co/2024/04/25/toyota-preps-new-electric-suv-us-highlander-ev/
Toyota preps new large electric SUV, is this the Highlander EV we’ve been ...
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Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Meta’s stock plunges on ‘aggressive’ AI spending plans
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
UAE: Indians, Pakistanis among top investors in Sharjah property - News | ...
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Google invests $640 mln in new data centre in Netherlands: Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the ...
reuters.com/technology/google-invests-640-mln-new-data-centre-netherlands-2024-04-23/
Google invests $640 mln in new data centre in Netherlands
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3 key ways business leaders can adopt GenAI successfully : Successful implementation of GenAI hinges on three main factors: financial value to the organization ...
weforum.org/agenda/2024/04/ceos-cfos-take-note-3-key-ways-to-adopt-genai-successfully/
3 key ways business leaders can adopt GenAI successfully
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GDP growth slowed to a 1.6% rate in the first quarter, well below expectations: Real GDP was expected to increase 2.4% in the first quarter on a seasonally ...
cnbc.com/2024/04/25/gdp-q1-2024-increased-at-a-1point6percent-rate.html
GDP growth slowed to a 1.6% rate in the first quarter, well below ...
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
  • Investors cast doubt on a Fed rate cut before September.

  • Expectations are now fully priced in for a rate cut on November 6-7.

  • The shift in market expectations stemmed from inflation and growth data.

  • There is now an estimated 75 percent likelihood of a Fed rate cut by September.
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UAE: Some residents sell gold, jewellery as prices of yellow metal hit record - News | Khaleej Times
khaleejtimes.com/business/uae-some-residents-sell-gold-jewellery-as-prices-of-yellow-metal-hit-record
UAE: Some residents sell gold, jewellery as prices of yellow metal hit ...
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Meta’s ChatGPT killer is taking over your favorite apps: Step aside, ChatGPT. Meta's AI assistant is here, and it's coming to apps like Instagram ...
digitaltrends.com/mobile/meta-chatgpt-killer-taking-over-whatsapp-instagram-apps-news/
Meta’s ChatGPT killer is taking over your favorite apps
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Apple says it wants to spend more on suppliers in Vietnam: Apple Inc wants to boost its investment in Vietnam, state media quoted the U.S ...
reuters.com/technology/apple-wants-spend-more-suppliers-vietnam-2024-04-16/
Apple says it wants to spend more on suppliers in Vietnam