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Financial Stability Board Warns on Nonbank Leverage Risks
For banks doing business in the private credit market, and in working with nonbank firms, the leverage used by those intermediaries poses risks to stability on the international stage. [contact-fo...
Amazon Plans to Offer Satellite Internet Service in Late 2025
Amazon is planning to offer internet service to areas with poor coverage globally by the end of the year, a move that could bring in billions of dollars in new revenue just from the consumer market al...
Regulators Suggest Practices for Banks That Offer Crypto-Asset Safekeeping
Banks that hold crypto assets on behalf of their customers should consider potential risks, maintain control of cryptographic keys and related sensitive information, and identify the vulnerabilities a...
Tackling The AI Bots That Threaten To Overwhelm The Open Web
It is a measure of how fast the field of AI has developed in the three years since Walled Culture the book (free digital versions available) was published that the issue of using copyright material f...
Philips Taps AI to Manage Unwieldy, Outdated Image Library
Every company’s marketing department has thousands of photos that teams must sort through to find matches for advertising campaigns. Doing so manually would typically take days or even weeks. [c...
Cognition AI Buys Windsurf as A.I. Frenzy Escalates
The deal follows Google’s $2.4 billion investment in Windsurf, an A.I. start-up, as companies race to gain technological talent and provide A.I. tools....
Clover and Homebase Team to Offer Small Business Workforce Management
Point-of-sale system Clover launched a new integration with small business management platform Homebase. [contact-form-7] The integration embeds Homebase’s scheduling, time tracking and em...
Meta Investing ‘Hundreds of Billions of Dollars’ in AI Infrastructure
Meta CEO Mark Zuckerberg said Monday (July 14) that the company will invest “hundreds of billions of dollars” into AI infrastructure for its superintelligence effort. [contact-form-7] ...
Meta’s New Superintelligence Lab Is Discussing Major A.I. Strategy Changes
Members of the lab, including the new chief A.I. officer, Alexandr Wang, have talked about abandoning Meta’s most powerful open source A.I. model in favor of developing a closed one....
Meta Built a Data Center Next Door. The Neighbors’ Water Taps Went Dry.
In the race to develop artificial intelligence, tech giants are building data centers that guzzle up water. That has led to problems for people who live nearby....
Newswire > Tag: technology
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