A single founder just raised $10 million to tackle the mortgage-like paperwork choking private credit dealmakers. The industry has ballooned…
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Meta Slashes 8,000 Jobs While Shifting 7,000 Staff to Build AI
Meta is cutting 8,000 employees and reallocating another 7,000 into artificial intelligence roles in a brutal efficiency play that reshapes…
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EU Mandates Watermarks on All Convincing AI Fakes as Democracy Safeguards Kick In
The European Union will now require every convincing piece of synthetic media to carry a detectable watermark, making it legally…
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Europe Bets Legal Stability Can Lure AI Labs Away From American Compute
Europe is wagering that clear regulatory frameworks will prove more attractive to AI developers than the sheer scale of American…
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TMX Profit Surges 92% as $3.2 Billion US Options Deal Reshapes Expansion
TMX Group just posted a 92 percent jump in profit on the back of a single acquisition strategy. The $3.2…
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Mac Sales Surge 29% as Apple’s India Revenue Shatters June Quarter Record
Apple’s June quarter revenue in India just hit an all-time high, fueled by a 29 percent leap in Mac sales.…
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3.47 Billion Euro Lifeline Lands in Kyiv as EU Demands Rule-of-Law Reforms
A massive financial rescue package just arrived in Ukraine, but the money comes with strict strings attached. Brussels is now…
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European AI Megafactories Get $5.3 Billion Push to Rival US and China
A single European AI venture just landed more funding than the entire continent’s AI sector raised in all of 2020.…
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From $12 Billion to $159 Million: Chegg Slashes 319 Jobs as AI Decimates Its Business
Chegg just laid off nearly a quarter of its workforce after losing 99% of its market value in four years.…
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Mistral Locks In $22 Billion Valuation And Microsoft Deal To Escape U.S. A.I. Control
Mistral just secured a valuation that puts it in the same orbit as OpenAI while simultaneously striking a deal with…
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