Bank of America to Pay $540.3 Million After Ruling in FDIC Lawsuit
Bank of America will reportedly pay $540.3 million following a judge’s ruling in a lawsuit in which the Federal Deposit Insurance Corp. (FDIC) accused the bank of paying less than it owed for deposi...
OpenAI Developing AI Agent to Replace Software Engineers, CFO Says
OpenAI CFO Sarah Friar said the startup is building an artificial intelligence (AI) agent that can do all the work of software engineers, not just augment their skills, during a wide-ranging interview...
AI App Startups Making Rapid Gains in Sales and Funding
Startups that build artificial intelligence (AI) applications on top of large language models (LLMs) are reportedly making rapid gains in both sales and funding.
These startups are reaching as much as...
Apple to Tap User Data for LLM Training
Apple is planning to analyze user data to improve its large language model (LLM) software while upholding user privacy.
The company has been using synthetic data to train its artificial intelligence ...
Meta’s Landmark Antitrust Trial Opens With Focus on 2020 Election
The Federal Trade Commission began laying out its landmark antitrust case against Meta Platforms in federal district court in Washington Monday (April 14), with FTC attorney Daniel Matheson telling th...