The EU has warned major tech companies to control their most advanced AI models or face regulatory action after incidents…
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Samsung Hunts Mega Acquisitions After 85% Profit Plunge
Samsung endured a punishing 2023, with profits plunging 85% year over year as demand for smartphones and memory chips collapsed.…
Read More$114M Legal AI Startup Erodes Law Firm Revenue as 500 Enterprises Slash Outside Counsel
Law firms are watching a $114m piece of software replace the billable hours that once funded their corner offices. Some…
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India’s $1.28 Billion Greece Push: How Piyush Goyal Is Turning Athens Into India’s European Gateway
Commerce Minister Piyush Goyal is leading a high-level Indian business delegation to Greece, as bilateral trade between the two nations…
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Corporate Legal AI Startup Wordsmith Raises $70 Million as It Bets Big on Replacing In-House Legal Teams
Legal AI startup Wordsmith has raised $70 million from Index Ventures and Highland Europe, bringing its total funding to $100…
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Kenya’s Private Sector Cuts Jobs for First Time in 15 Months as Costs Surge to 2.5-Year High
Kenyan businesses cut jobs in May for the first time in 15 months as weakening demand and surging costs squeezed…
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UK Businesses Hit Hardest by Cyberattacks in Europe Yet Still Take Over 10 Days to Recover
A ManageEngine survey of 1,500 IT and business decision-makers across five European countries found that 43% of UK respondents consider…
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