Nvidia’s CEO thinks artificial intelligence (AI) that thinks like humans could arrive within five years. Jensen Huang made this claim Friday (March 1) during an economic forum at Stanford University when asked how long it would take to reach the goal of creating an artificial general intelligence (AGI), Reuters reported. The answer, he said, depends on how we think […]
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Financial guidance platform NerdWallet says it was the victim of a fraudulent bankruptcy filing. As Reuters reported Saturday (March 2), the company said that it did not file for bankruptcy and that the filing that showed up on an electronic public access service for U.S. federal court documents was fraudulent. “NerdWallet did not file for bankruptcy. This is […]
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Fabric/craft supplies retailer Joann is reportedly considering a bankruptcy filing. That filing could come as soon as this week, with the company striking a deal that would give control to lenders and free it of costly debt, Bloomberg News reported Saturday (March 2), citing sources with knowledge of the matter. According to the report, Joann — which has […]
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Did Elon Musk sue OpenAI because he regrets leaving the artificial intelligence company? A memo circulated within the firm argues as much, according to a report Friday (March 1) evening by Bloomberg News. Musk is one of OpenAI’s co-founders, but no longer a part of the company. He sued the artificial intelligence (AI) giant last week, claiming the […]
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When it comes to professional sports, it’s not just about the plays and the scores. It’s also about how fans experience and interact with their favorite teams off the field. Against this backdrop, sports franchises are harnessing digital tools and technologies, ranging from immersive virtual experiences to interactive mobile apps, to connect with their fan […]
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Cryptocurrencies are contributing millions to digital asset-friendly candidates in the 2024 election. That includes donations to candidates in Super Tuesday primary contests in Texas, California and Alabama, Reuters reported Sunday (March 3). According to that report, a group of new super PACs (political action committees) known as Fairshake, Protect Progress and Defend American Jobs have a […]
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Among consumers who pay in installments, PYMNTS Intelligence finds, young shoppers are disproportionately ready to use these options to pay for their groceries. By the Numbers The September 2023 report “Installment Plans Becoming a Key Part of Shopper’s Toolkit,” a PYMNTS Intelligence study done in collaboration with Splitit, draws from a survey of more than 2,500 […]
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New York Community Bancorp (NYCB) stock plummeted Friday (March 1) amid a leadership shakeup. The almost 26% drop came as the bank also reported a loss greater than what it had stated in the past, and said it had uncovered “material weaknesses” in its internal loan review controls. “NYCB looks like a bank that is out […]
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X, ByteDance and Booking.com could be added to the European Union’s “gatekeeper” list. The European Commission (EC) made that announcement Friday (March 1) after receiving notifications from the three companies, Reuters reported. The gatekeeper list is part of Europe’s Digital Markets Act (DMA) and applies to companies that have more than 45 million monthly active users and $81 billion […]
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