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Alibaba Unveils Major AI Model Upgrade Ahead of DeepSeek Release - Bloomberg.com
Alibaba Group Holding Ltd. unveiled a major upgrade of its flagship AI model, accelerating a race with a panoply of startups and sectoral leaders aiming to get in ahead of Chinese sensation DeepSeek’s next big platform.
Fund Beating 99% of Peers Sees Few Software Firms Surviving AI - Bloomberg.com
Selling software stocks before the crowd paid off for Nick Evans, a Polar Capital fund manager. His warning to potential bargain hunters: most shares are still toxic and few firms will survive.
Lawyers increasingly have to convince clients that AI chatbots give bad advice - NL Times
Dutch lawyers increasingly have to convince clients that they can’t rely on AI-generated legal advice because chatbots are often inaccurate, the Financieele Dagblad (FD) found when speaking to several lawfirms.
Donald Trump Says He’ll Make TVA CEO’s Life ‘Miserable’ - mandatory.com
Donald Trump criticized the TVA CEO at a White House pro coal event, vowing to “make his life miserable," for a specific reason.
Crypto market drowns in red as bitcoin falls to $68,000, XRP, ETH slide over 5% - CoinDesk
Traders are bracing for a heavy week of macroeconomic events, including Fed minutes and the core PCE inflation report.
Japan’s Narrow Growth Tests Fiscal, Monetary Policy Paths - The Wall Street Journal
Real gross domestic product expanded 0.1% in the October-December period, compared with 0.7% contraction in the prior quarter