Author: Editor-In-Chief
Large language models have the problem of large size. Spanish startup Multiverse Computing is tackling this problem with a compressed model that aims to bridge the gap between what frontier models can do and what companies can actually deploy. The secret sauce is CompactifAI, a compression technology inspired by quantum computing that Basque’s company applied to models released by OpenAI. Developers can now access a new version of Multiverse’s HyperNova 60B model for free through Hugging Face. The company plans to open source more compressed models in 2026 to support a broader range of use cases. Multiverse says its model…
Tuesday, April 18, 2023, at the People’s Bank of China (PBOC) building in Beijing, China.Bloomberg | Getty ImagesThe People’s Bank of China on Tuesday kept its benchmark lending rate unchanged as authorities strike a balance between supporting the slowing economy while maintaining currency stability. Despite stagnant economic growth, the People’s Bank of China kept interest rates unchanged for 10 consecutive months, keeping the prime rates for one-year and five-year loans at 3% and 3.5%, respectively. The one-year rate serves as the benchmark for most new and outstanding loans, while the five-year rate affects mortgages. The world’s second-largest economy showed signs…
President Donald Trump is hours away from delivering his State of the Union address on Capitol Hill on Tuesday at 9pm ET, and the president is eager to show the results of his economic promises.The speech comes at a perilous time for Trump, with polls showing him faltering on issues such as the economy with midterm elections less than nine months away. These elections threaten to change Republican control of Washington.President Trump is scheduled to speak as he awaits a new ruling from the high court on how much power he has over the Federal Reserve, days after the Supreme…
England’s dramatic defeat in the Guinness Six Nations seemed to end their title hopes with two rounds remaining, but how did things go wrong so quickly? Was Borthwick overconfident?Before the tournament, England manager Steve Borthwick set his sights on advancing to the championship match in Round 5 against France. “We want to go into Paris on March 14th in a position to achieve what we are all trying to achieve,” he said in January. “We want England fans flocking across the Channel to Paris to watch our big final round clash as an opportunity to achieve what we want.”But successive…
JPMorgan Chase CEO Jamie Dimon during the 2025 IIF Annual Membership Meeting in Washington, DC, October 16, 2025.Samuel Corum | Bloomberg | Getty ImagesJP Morgan Chase Chief Executive Jamie Dimon said Monday he was worried about the U.S. economy, citing soaring asset prices and a competitive environment in the banking industry reminiscent of before the 2008 financial crisis.As economists tout that the Trump administration’s tax and deregulatory policies will boost economic growth this year, Dimon said in his annual investor update that he tends to think about what happens when expectations rise. “My own view is that people are getting…
A Waymo vehicle leaves a charging station in Austin, Texas, on January 15, 2026.Brandon Bell | Getty ImagesalphabetWaymo, a subsidiary of Waymo, has launched robo-taxi service to select civilian passengers in Dallas, Houston, San Antonio and Orlando, the company announced Tuesday. With its multi-city expansion, Waymo now operates in 10 U.S. cities, extending its lead in the North American driverless ride-hailing market. Google’s sister company aims to corral loyal passengers and win over skeptics, including a 2025 survey by the American Automobile Association that found six in 10 U.S. drivers fear driverless cars. Rivals appear in the expanded version tesla,…
President Donald Trump speaks at an event honoring “angel families” who have lost family members to illegal acts committed by people within their own country at the White House in Washington, February 23, 2026.Evelyn HochsteinReuterPresident Donald Trump plans to call for new tax cuts in his State of the Union address Tuesday night, he said in a pre-speech meeting with news anchors at the White House.CNBC’s Joe Kernen attended the rally and reported on CNBC’s “Power Lunch” that the president plans to advocate for new personal and corporate tax cuts, and that President Trump wants to use a second partisan…
Real Madrid goalkeeper Thibaut Courtois defended teammate Vinicius Junior and congratulated him ahead of the second leg of the Champions League knockout stage against Benfica, saying he “did nothing wrong”.Vinicius claimed he was racially abused by Gianluca Prestiani shortly after scoring the only goal in last week’s first leg in Lisbon.Argentine winger Prestianni has denied the allegations but has been handed a provisional one-match ban by UEFA and will miss Wednesday’s second leg in Madrid.However, he was seen training with the team on the Tuesday following the trip to Spain, with manager Jose Mourinho also taking part in the session,…
Anthropic announced its new Enterprise Agent program on Tuesday. This is our most aggressive effort to date to integrate agent AI into the everyday workplace. Kate Jensen, head of Anthropic’s Americas division, told reporters at a press conference that the new system will ultimately deliver on the promise of agent-based AI. “2025 was supposed to be the year agents transformed their companies, but it turns out the hype was largely premature,” Jensen said. “It’s not the effort that failed; it’s the approach that failed.” The new program allows companies to use a plug-in system to deploy pre-built agents to assist…
Bitcoin fell more than 5% on Tuesday to below $63,000 as investors continued to grapple with escalating tariff tensions and broader geopolitical risks.The world’s largest cryptocurrency fell to $62,964.64 following pressure from investors to move away from risky assets. Bitcoin pared some of its losses and was trading 1.5% lower at $63,290 at 5:58 a.m. ET.“Bitcoin’s decline appears to be more of a classic risk sentiment reset than a crypto-specific shock,” said Christopher Hamilton, head of client investment solutions for Asia Pacific ex-Japan at Invesco.Hamilton added that the sharp decline likely reflected “tactical risk aversion” rather than a structural exit.Stock…