Watch an AI Learn to Write by Reading Nothing but Jane Austen – The New York Times
The core of an artificial intelligence program like ChatGPT is something called a large language model: an algorithm that mimics the form of written language....
Author : Nelli Avetisyan
US companies in distress turn to debt exchanges to dodge bankruptcy – The Financial Times
Distressed US companies are increasingly resorting to debt restructurings to avoid expensive bankruptcy proceedings, but many borrowers ultimately end up in court anyway — with...
Meta stock jumps after company reports first revenue growth in nearly a year – CNN
Facebook-parent Meta on Wednesday reported that it grew sales by 3% during the first three months of the year, reversing a trend of three consecutive...
Can we wait 140 years for gender parity?
The striking figure that sums up the Official Monetary and Financial Institutions Forum’s 2023 Gender Balance Index (GBI) is 140. It will take 140 years...
Welcome to a new, humbler private-equity industry – The Economist
During the past decade it sometimes seemed as if anyone could be a private-equity investor. Rising valuations for portfolio companies, and cheap financing with which...
Tencent accelerates investment in overseas gaming studios – The Financial Times
Tencent is ramping up overseas investment in gaming assets, seeking to diversify away from China even as Beijing lifts punishing restrictions on the industry. China’s...
ChatGPT users can now turn off their chat history, OpenAI announces – CNBC
OpenAI began rolling out new controls Tuesday that will allow ChatGPT users to turn off their chat history. Any conversations that take place while chat...
First Republic Discloses it’s a Zombie – Wolf Street
First Republic, the San Francisco bank that started teetering in March when Silicon Valley Bank was felled by its well-connected big depositors, reported earnings this...
Sliding Diesel Prices Signal Warning for U.S. Economy – WSJ
A nationwide freight slowdown has helped cut U.S. diesel prices by half from last year’s record, raising concerns that parts of the world’s largest economy...
The Key to Responsible AI Development
Generative AI will change the world, whether we like it or not. At this pivotal moment in the technology’s development, public and private stakeholders must...