Google executives are aware that Bard, the company’s artificial intelligence search engine, doesn’t always provide accurate results. Employees are responsible for fixing at least some of the incorrect responses. In a Wednesday email to staff members, Google’s vice president for… Read More ›
Strategy
Savings In Argentina “Drown” Under Skyrocketing Costs As Inflation Reaches 99%
The government announced on Tuesday that Argentina’s inflation rate has reached just under 100%, with savers suffering from some of the world’s fastest rising prices and workers’ budgets being squeezed as costs continue to outpace wages. The South American nation,… Read More ›
Employment Statistics In The Euro Zone Make Life Difficult For The ECB
As a surprisingly resilient economy avoided a recession, employment in the euro zone increased more than anticipated to a new record high last quarter, signaling stronger underlying inflation pressures that could keep interest rates high for longer. Although it was… Read More ›
Beijing Is Keeping A Close Eye On The Launch Of ChatGPT Clones By China’s Tech Giants
Over the past week, major Chinese technology companies have revealed their plans to release ChatGPT-style products, joining the artificial intelligence arms race that the well-known chatbot has sparked. However, the biggest companies in China have not publicly stated that they… Read More ›
Buy-Now-Pay-Later Credit Is To Be Regulated By Law In Britain
Britain will introduce draft legislation on Tuesday to control “buy now, pay later” credit, claiming that the industry could harm consumers if accurate affordability checks were not made. The majority of BNPL businesses are unregulated, and they frequently provide on-the-spot,… Read More ›
Toyota’s New CEO Says The Company Will Increase Its Battery Production And Keep All Of Its Options Open
According to the company’s new CEO, Toyota Motor Corp. will increase its battery-electric offerings by concentrating on its luxury Lexus brand, but it will stick to its long-standing strategy of investigating other technologies. Koji Sato, who will take over as… Read More ›
Companies In The UK Intent To Impose The Highest Pay Rises Since 2012 To Plug Gaps In Staffing
According to a survey released on Monday, British employers expect to raise wages for their employees by the most in at least 11 years, but the 5% pay increases would still fall well short of expected inflation. The Chartered Institute… Read More ›
Chinese Companies Returning To The US With IPOs
After a dry spell in the formerly brisk market, Chinese startups are once again raising millions of dollars through listings on the American stock market. Hesai Group, a supplier of “lidar” technology for autonomous vehicles, listed on the Nasdaq on… Read More ›
Air India Places A Record Order With Airbus And Boeing For About 500 Aircraft
In an effort to reinvent itself under its new owners, Air India has signed a jumbo deal for about 500 new planes worth more than $100 billion at list prices. According to industry sources, this could be the airline’s single… Read More ›
Plans For Beginning Production In US For Vietnamese EV Maker VinFast Not To Be Affected By Job Cuts
Even though VinFast, a Vietnamese manufacturer of electric vehicles, is reducing its workforce in North America, the company has stated that it is still on track to begin production in the United States by 2024. The nation’s first domestic automaker… Read More ›