China’s most valuable internet company Tencent and artificial intelligence (AI) firm iFlytek on Wednesday slashed prices of large-language models(LLM) used to power ChatGPT-like chatbots, entering a brewing price war between some of the country’s biggest tech companies.
Intercontinental Exchange Inc (ICE) will pay a $10 million penalty to settle charges its subsidiaries failed to immediately alert the Securities and Exchange Commission of a cyber intrusion incident, the SEC said on Wednesday.
WisdomTree and 21Shares are to launch exchange-traded products (ETPs) backed by cryptocurrencies on the London Stock Exchange, the firms said on Wednesday after getting the green light from Britain’s financial regulator.
Amazon.com is working on an artificial intelligence-driven overhaul of its Alexa voice assistant and plans to charge a monthly subscription fee to offset technology costs, CNBC reported on Wednesday.
German artificial intelligence (AI)-driven translation startup DeepL was valued at $2 billion in a round led by investor Index Ventures, the company said on Wednesday.
The Bank of Italy warned on Wednesday against fraudulent video messages circulating online, in which artificial intelligence (AI) technology is used to reproduce fake messages from financial authorities and other institutions.
A Nigerian court has adjourned a tax evasion case against Binance to next month for possible arraignment of the cryptocurrency exchange and two of its executives after a trial stalled on Wednesday, the judge said.
Europe’s landmark rules on artificial intelligence will enter into force next month after EU countries endorsed on Tuesday a political deal reached in December, setting a potential global benchmark for a technology used in business and everyday life.
The European Chips Act is on track to help attract more than 100 billion euros ($108.41 billion) worth of private investment to the European semiconductor industry by 2030, a European Commission official said on Wednesday.
Analog Devices forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its automotive and industrial chips after a prolonged slump, sending its shares up nearly 6% in premarket trading.
