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Artificial intelligence (AI) software engineer provider Cognition is acquiring AI code generation startup Windsurf, the companies said Monday (July 14) in separate blog posts.
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These announcements came after Friday’s (July 11) news that Google had successfully recruited several top executives and researchers from Windsurf.
Cognition said in its blog post that it signed a...
Community banks in Texas made, matched and facilitated donations to help victims during the ongoing flooding that began in the state on July 4.
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Fredericksburg, Texas-based Security State Bank...
Bitcoin is at an all-time high, sitting north of $120,000, while U.S. lawmakers have declared the next few days an ambitious legislative sprint they’ve dubbed “Crypto Week.”
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No, this isn’t the fever dream of a bitcoin maxi being shared hopefully in a niche crypto forum in 2016. It’s the current state of the digital asset landscape in 2025.
“Huge week ahead — it’s...
For banks doing business in the private credit market, and in working with nonbank firms, the leverage used by those intermediaries poses risks to stability on the international stage.
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The Financial Stability Board said in a new report that nonbank financial institutions (NBFIs), spanning hedge funds and private credit entities, among others, were tied to $218 trillion...
Amazon is planning to offer internet service to areas with poor coverage globally by the end of the year, a move that could bring in billions of dollars in new revenue just from the consumer market alone, according to analysts.
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Amazon’s Project Kuiper launched low Earth orbit (LEO) satellites into space for the first time in April and June, with the goal of serving...
Banks that hold crypto assets on behalf of their customers should consider potential risks, maintain control of cryptographic keys and related sensitive information, and identify the vulnerabilities associated with each type of crypto asset, three federal bank regulatory agencies said Monday (July 14).
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The Office of the Comptroller of the Currency (OCC), Board of...
Scammers are using fake news websites that mimic trusted media brands to spread and promote investment fraud, according to digital risk protection platform CTM360.
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The company identified more than 17,000 of these “baiting news sites” (BNS) across 50 countries, it said in a July 7 report.
These sites are promoted through fake news articles posted through ad platforms...
TikTok parent ByteDance is reportedly developing a mixed reality device resembling goggles.
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That’s according to a report Monday (July 14) from The Information, citing three sources with direct knowledge of the Chinese company’s efforts.
As the report notes, this shows ByteDance following the efforts of Meta, which is working on a similar device scheduled to come out in...
Every company’s marketing department has thousands of photos that teams must sort through to find matches for advertising campaigns. Doing so manually would typically take days or even weeks.
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Philips, a Dutch health technology company, faced the same issue. So it built a solution using Google Cloud’s Vertex AI platform to narrow down 200,000 images into the best 8,000...
Apple is reportedly facing pressure to make a major acquisition amid its AI troubles.
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As Bloomberg News reported Monday (July 14), investors are concerned by a slump in share prices that has wiped out more than $630 billion in Apple’s market value this year and frustrated with the company’s delays in introducing artificial intelligence (AI) features.
To that end, these...