Podcast: Banks push for cost-effective, multimodal AI tools
Financial institutions are moving beyond pilot projects to implement production-grade, explainable and cost-effective AI solutions…
Wow, seven days down. When I started the #14DaysOfLearning challenge with HackQuest’s Co-Learning Camp 5, I was excited, but I don’t think I was prepared for the speed. The First Few Days: The Info-DumpThe first few days were a blur. We went from basic Web3 concepts straight into Townhall 2, which was a full-speed overview…
Three years ago, I read the Steve Jobs biography. The part about the iPhone obsessed me. Not the design. The philosophy: “People don’t know what they want until you show it to them.” \ He was right about phones. But somewhere along the way, the AI industry got it backwards. \ Last week, Anthropic published…
Stablecoin issuer Tether is expanding its presence in commodity lending, with billions of dollars already deployed in the sector, according to CEO Paolo Ardoino. In an interview with Bloomberg, Ardoino said Tether has extended about $1.5 billion in credit to commodities traders so far, providing financing in both cash and its USDt (USDT) stablecoin. The…
Digital commodities, collectibles, and practical tokens will fall outside the oversight of the SEC under Project Crypto. The U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins has detailed the next phase of “Project Crypto,” guiding how digital assets will be regulated under federal securities laws. The effort builds on work led by Commissioner…
Quick Read The Trump administration announced new HUD policies prioritizing transitional housing with employment and addiction treatment requirements over permanent housing for the homeless. The shift is a move away from Biden-era “Housing First” approach, aiming to address homelessness causes like mental illness and addiction, per Housing Secretary Scott Turner. Faith-based groups are now eligible…
It’s taking upwards of six months to sell homes in some of Victoria’s best loved areas — and that’s great news for homebuyers. Stubborn homesellers have pushed Victoria’s list of areas where it takes half a year or longer to sell a home to its highest level since the depths of the state’s 2020 lockdowns….
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Home secretary Shabana Mahmood is to end asylum seekers’ automatic right to accommodation and financial support in the government’s latest attempt to curtail clandestine migration. She will also quadruple to 20 years from the current…
The longest U.S. government shutdown in history is officially over, but the fallout will continue to hit two groups particularly hard for months to come: federally funded defense lawyers and the people they represent. Thousands of court-appointed lawyers, known as Criminal Justice Act panel attorneys, along with paralegals, investigators, expert witnesses and interpreters, haven’t been paid since…
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Warren Buffett shares kernels of wisdom with less than two months remaining until his partial retirement. At Berkshire Hathaway‘s (BRK.A 0.82%) (BRK.B 0.81%) annual meeting of shareholders in May, Warren Buffett announced that he would remain chairman but would be passing the role of chief executive officer to Greg Abel, who runs Berkshire’s non-insurance operations….