The Financial Times recently introduced a new generative AI chatbot called Ask FT, which is designed to provide answers to questions posed by its subscribers. This new tool is similar to other generalized AI bots in the market, such as ChatGPT or Copilot, but it stands out by leveraging the outlet’s extensive archives of information
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After a prolonged period of drought in the tech IPO market, Wall Street’s tech IPO bankers finally had a reason to celebrate this week with the market debuts of Reddit and Astera Labs. The last significant IPOs of notable venture-backed tech companies in the U.S. were Instacart and Klaviyo in September, marking a dry spell
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The recent resignation of Emad Mostaque, the founder and CEO of Stability AI, has sent shockwaves through the tech industry. Mostaque, in his statement, expressed pride in leading Stability AI to success but also emphasized the importance of ensuring that AI remains open and decentralized. The company cited Mostaque’s decision to pursue decentralized AI as
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Emad Mostaque, the CEO of Stability AI, recently announced his decision to step down from his role to pursue decentralized AI. This move comes as a surprise to many in the tech industry, as Stability AI has been at the forefront of developing generative AI products. Mostaque’s departure may have been influenced by the company’s
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Anthropic, the rising artificial intelligence startup, has garnered significant interest from high-net-worth investors, including sovereign wealth funds. However, the company has taken a firm stance against accepting investments from Saudi Arabia due to national security concerns. While exploring new backers to acquire the stake previously held by FTX, Anthropic’s executives have made it clear that
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