Google has announced its agreement to invest up to $2 billion in Anthropic, an artificial intelligence startup founded by former executives of OpenAI. This investment includes an upfront cash infusion of $500 million and an additional $1.5 billion to be invested over time. Anthropic, the developer of Claude 2, a chatbot rivaling OpenAI’s ChatGPT, has
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The tranquil city of Lewiston, Maine, has been shattered by a devastating mass shooting that has left at least 22 people dead and 50-60 injured. This horrifying event unfolded on a seemingly ordinary evening, sending shockwaves through the entire community. The residents of Lewiston now face the daunting task of grappling with the aftermath, as
Eisai, a pharmaceutical company, announced promising initial results in a clinical trial for an injectable version of the Alzheimer’s drug Leqembi. This development brings hope for a more convenient option for administering this antibody treatment. Currently, the approved method for administering Leqembi is through intravenous infusion. However, Eisai and its partner Biogen seek approval for
The global banking industry faced numerous challenges in the past year, including rising interest rates and regional banking crises. However, amidst this turmoil, Japanese banks stood out as a beacon of success. With a remarkable 36% climb in bank stocks compared to the 22% increase in the benchmark Topix stock index, Japan has proven to
The Federal Trade Commission (FTC) has expressed its intention to hire at least one child psychologist to aid in its work on internet regulation, according to Democratic Commissioner Alvaro Bedoya in an interview with The Record. The plan, which has the support of FTC Chair Lina Khan, aims to assess the mental health impacts of
Taylor Swift has once again made headlines with her Eras Tour concert film, breaking records at the box office. This unique release has garnered attention and surpassed expectations, showcasing the power and influence of the pop star. A Strong Second Weekend Despite a 66% drop in ticket sales during its second weekend, the Eras Tour
The housing market we face today is a far cry from what it used to be. It has become a toxic mix of high mortgage rates, soaring prices, limited supply, and unusually strong pent-up demand. This daunting combination has created significant challenges for both buyers and sellers, leading to a sense of fear and uncertainty.
Ark Innovation ETF, managed by Cathie Wood’s Ark Invest, presents a promising opportunity for investors in the wake of the artificial intelligence (AI) boom. Cathie Wood herself expressed her optimism about the potential for profit during an interview on CNBC’s “ETF Edge.” According to Wood, the dream of AI is no longer just a dream;
The debate around net neutrality, the principle that all internet traffic should be treated equally without blocking or throttling, has resurfaced with renewed vigor. The Federal Communications Commission (FCC) recently voted in favor of initiating the process to reinstate the open internet rules, signaling a potential shift back to the safeguards established by the Obama
Sending money back to Mexico has become a growing challenge this year due to the strengthening of the Mexican currency, known as the “super peso.” The peso has reached its strongest levels against the U.S. dollar in almost eight years, resulting in a significant impact on households in Mexico who rely on remittances from abroad.