Fed’s Bowman supports current policy stance but still sees inflation risks
ATLANTA (AP) — It was Election Day last November, and one of Georgia’s top election officials saw that reports of a voting machine problem in an eastern Pennsylvania county were gaining traction online.So Gabriel Sterling, a Republican who had defended the 2020 election in Georgia amid an onslaught of threats, posted a message to his…
Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter that recaps the week that was in tech. This edition’s a tad bittersweet for me — it’ll be my last (for a while, anyway). Soon, I’ll be shifting my attention to a new AI-focused newsletter, which I’m super thrilled about. Stay tuned! Now, on with…
X, formerly Twitter, is now using Elon Musk’s AI chatbot Grok to power a feature that summarizes the personalized trending stories in the app’s Explore section. According to an announcement and screenshots posted by the X Engineering team on Friday, X’s Premium subscribers will be able to read a summary of posts on X associated…
Hallucinations — the lies generative AI models tell, basically — are a big problem for businesses looking to integrate the technology into their operations. Because models have no real intelligence and are simply predicting words, images, speech, music and other data according to a private schema, they sometimes get it wrong. Very wrong. In a…
Data shows that it’s likely only a matter of time before all 3 companies are forced to seek bankruptcy protection…
Fed’s Williams says 2% inflation target ‘critical’
Apple’s better-than-expected earnings and its record $100 billion buyback are pushing stocks higher ahead of today’s April jobs report…
Microsoft has reaffirmed its ban on U.S. police departments from using generative AI for facial recognition through Azure OpenAI Service, the company’s fully managed, enterprise-focused wrapper around OpenAI tech. Language added Wednesday to the terms of service for Azure OpenAI Service more clearly prohibits integrations with Azure OpenAI Service from being used “by or for”…
A small drugstore chain files Chapter 11 bankruptcy facing tough competition from major retail chains with pharmacies…
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