The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba on Wednesday said that it has made its video generation artificial intelligence models free to use, further ramping up competition with rivals like OpenAI.The Chinese giant said it is open sourcing four models that are part of its Wan2.1 series, the latest version of the company’s foundational AI model that can generate images and video from text and image inputs.These models will be available via Alibaba Cloud’s Model Scope and Hugging Face, a huge repository of AI models. They…
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Artificial intelligence is a turning point forcing us to rethink not just what work is, but what it means to be human at work, according to a LinkedIn specialist.Drazen_ | E+ | Getty ImagesArtificial intelligence is disrupting global industries and workforces, but it may also set in motion an entirely new economy.Although the idea of AI dates to the mid-1900s, the technology catapulted into common discourse after the launch of OpenAI’s generative AI chatbot, ChatGPT, in November 2022.”But [generative AI] isn’t just another invention,” said Aneesh Raman, chief economic opportunity officer at LinkedIn. “It’s a turning point, forcing us to…
If the old saying is true, that you are known by who your friends are, then President Trump may be telling the world something about who he plans to be in this second term.In a move that redrew the international order, Mr. Trump this week had the United States vote against a U.N. General Assembly resolution condemning Russia’s invasion of Ukraine on the third anniversary of the war.Among the countries that Mr. Trump joined in siding with Russia? North Korea, Belarus and Sudan.Those he stood against? Britain, France, Germany, Canada, Italy, Japan and most of the rest of the world.It…
Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy.Stefano Guidi | Getty Images News | Getty ImagesAuto giant Stellantis on Wednesday reported a sharp drop in full-year earnings as the company scrambles to take measures to improve its performance and profitability.The mutlinational conglomerate, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, posted full-year 2024 net profit of 5.5 billion euros ($5.77 billion), down 70% from 18.6 billion euros across full-year 2023.Analysts had expected full-year 2024 net profit to come in at 6.4…
Budweiser beer in an IGA grocery store in Montreal, Quebec, Canada, on Tuesday, Feb. 4, 2025. Bloomberg | Getty ImagesThe world’s largest brewer AB InBev on Wednesday posted better-than-expected fourth-quarter sales despite an annual decline in volumes.The drinks maker, whose brands include Budweiser, Corona and Stella Artois, reported an 3.4% increase in fourth-quarter revenue to $14.84 billion, versus the 2.9% decline to $14.05 billion forecast by LSEG analysts.Full-year sales rose by 2.7% to $59.77 billion, compared to the $59.3 billion performance expected by analysts.Total volumes declined 1.9% in the quarter and 1.4% over the full-year stretch, which the company largely attributed…
European markets are expected to open higher as investors await more earnings releases Wednesday.The U.K.’s FTSE 100 index is expected to open 36 points higher at 8,681, Germany’s DAX up 127 points at 22,513, France’s CAC 30 points higher at 8,076 and Italy’s FTSE MIB 126 points higher at 38,911, according to data from IG.Earnings are in the spotlight Wednesday, with releases set to come from Adecco Group, AB InBev, E.On, Danone, Munich Re, Uniper, Stellantis, Wolters Kluwer, Aston Martin Lagonda Global Holdings, Covestro and Deutsche Telekom. Data releases include the latest German and French consumer confidence figures. Source link
One recent evening, Sandra Demontigny tried to write down when she would die.“I sat down in a corner with a candle next to me, just to create my own bubble, to think and to cry a little,” she said.She had reflected on this moment for years, desperately hoped for it, fought tirelessly for it. But the words refused to come out. The form before her remained blank. How, exactly, does one decide when to end one’s life?Canada’s French-speaking province of Quebec last fall became one of the few places in the world to allow a person with a serious and…
Migrants from Venezuela make their way through the razor wire after crossing the Rio Grande into the United States in Eagle Pass, Texas, September 26, 2023.Brian Snyder | ReutersTrump administration immigration officials are planning a nationwide operation to locate and potentially deport children who came into the United States without a parent or legal guardian, according to two sources familiar with the plan. If a judge determines they have no legal basis to stay in the United States, they could then be placed on a path for deportation. The two sources familiar with the plan told NBC News that the exact…
U.S. President Donald Trump holds up a hat stating “Trump Was Right About Everything” after signing executive orders in the Oval Office at the White House on Feb. 25, 2025 in Washington, DC.Alex Wong | Getty Images The “Trump Bump” — in which stocks and other assets, such as cryptocurrency, jumped after Donald Trump’s election and inauguration — appears to have leveled off. Nowhere is this clearer than in Tesla shares, which plunged on Tuesday, erasing most of a postelection pop driven by CEO Elon Musk’s association with Trump.Consumers are also growing worried about the impact of Trump’s tariffs on…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCNBC’s Kristina Partsinevelos joins ‘Fast Money’ with the latest on Super Micro Computer’s 10-K filing.01:36Tue, Feb 25 20255:25 PM EST Source link
