Quick Look Musk sues OpenAI and CEO Altman, alleging profit prioritization over humanity. The lawsuit claims that Altman’s deal with Microsoft led to AGI development for profit, not benefitting humanity. OpenAI was founded as a not-for-profit to develop AGI for humanity’s benefit. Concerns include AGI’s potential to evade control and endanger the planet. OpenAI’s deal …
On Tuesday, Amazon Web Services (AWS) unveiled Q, its new business chatbot and an enhancement for Bedrock’s Guardrails. AWS CEO Adam Selipsky led the reveal during Amazon’s annual cloud computing conference in Las Vegas. Like OpenAI’s Chat Generative Pre-trained Transformer (ChatGPT), the Q artificial intelligence (AI) assistant also utilizes generative AI (GenAI) technology. Q was …
Amazon Introduces Q Chatbot and Guardrails Upgrade Read More »
Oil prices edged higher on Thursday to recoup earlier losses, as a potential decision to skip a rate increase by the Federal Reserve and the passage of the US debt ceiling resulted in a better outlook for fuel demand in the world’s top oil consumer. Brent crude futures gained 0.25% to $72.80 per barrel, while …
Oil Gains on Potential US Rate Hike Skip, Debt Bill Progress Read More »
On Monday, live cattle prices went up, hitting their highest level in more than two weeks since livestock markets rebounded. Live cattle futures for June delivery increased by 1.37% to $158.75 per pound on March 27’s Asian afternoon session. Chicago Mercantile Exchange (CME) cattle contracts rose to their highest prices last seen on March 10. …
Live Cattle Prices Rose Exceeding a Two-Week High Read More »
Investors were alarmed by the downfall of multiple banks, consequently turning to more secure investments during turbulent times for solace. The dollar index shows the movement of the US dollar against the other six most important world currencies. It slipped in the last seven days by 0.8 percent to 103.86 points. The euro price rose …
The rouble dropped to 64.95 against the U.S. dollar in morning trade in Moscow for its most inferior reading after July 6 before recouping. By 0945 GMT, the rouble was trading under 0.2% for the session at 64.10. Versus the euro, the rouble crashed to an 11-week low before rebounding to stand up 0.1% at …
Zenfinex, an FX and CFDs broker headquartered in London, has gained licenses from regulators in Dubai to expand its services throughout the Middle East & North Africa (MENA). The company is looking forward to becoming one of the leading providers of financial markets across this region with its recent acquisition of Stochastic Africa, which later …
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