China's Alibaba launches over 100 new open-source AI models, releases text-to-video generation tool
Alibaba is hoping its latest AI offerings may tempt customers around the world to sign up to its cloud services.
-
European markets open higher following Fed cut; Bank of England rate decision in focus
European markets opened higher as investors digested the U.S. Federal Reserve’s first interest rate cut in four years.
-
Billionaire tech CEO says bosses shouldn't ‘BS' employees about the impact AI will have on jobs
Business leaders shouldn’t “BS” employees about the impact of AI on jobs, according to one tech billionaire, who says they should be transparent and honest.
-
China would love a domestic Nvidia rival — but that's proving quite the challenge
Chinese firms face a number of challenges in trying to rival Nvidia including contending with U.S. export restrictions and a lack of tech expertise.
-
What buying Commerzbank would mean for UniCredit — and the banking sector
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe’s banking sector.
