After weeks of uncertainty, the White House’s plan to review frontier models before release appears dead.
Category: Business
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Quantum computing CEOs hope “validating” government backing proves their technology is no longer speculative
The government funding is a push to boost the foundational elements of quantum computing to get the industry ready for prime time. The CEOs of Infleqtion and D-Wave give us their thoughts.
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Meta released a Reddit dupe. Reddit investors don’t like it.
The Facebook app is a “dedicated space built for deeper discussions, real answers and the communities you care about.”
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Ross Stores surges as Q1 results beat expectations, full-year guidance raised
Ross Stores raised its annual profit forecast after crushing Q1 earnings estimates on the back of record same-store sales growth.
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Imax surges on report it’s approached entertainment companies for a sale
Imax shares climbed more than 15% in premarket trading on Friday.
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Kraft Heinz is bringing back the glass ketchup bottle as it leans on sauces for growth
The Pittsburgh-born sauce giant is turning 157 this year.
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AMD rises as CEO forecasts massive five-year CPU demand growth
AMD’s (AMD) shares are rising in pre-market trading after CEO Lisa Su delivered an optimistic demand forecast, predicting that the global market for CPUs will grow by more than 35% annually over the next…
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Chinese stocks drop as Beijing regulators launch crackdown on illegal cross-border securities activities
The announced penalties are latest of the commission’s crackdown on citizens finding ways to trade in overseas markets that started three years ago.
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Zoom surges after beating estimates and raising forecasts
Its Anthropic stake is looking pretty good, too.
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Airbnb is expanding its hotel offerings and adding car rentals to its app
As cities crack down on listings, the homestay platform is attempting to become an “everything app” for travel.
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Workday jumps on positive Q1 earnings under returning CEO
The software company reported its first-quarter financial results after the bell Thursday.
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Workday jumps on positive Q1 earnings under returning CEO
The software company reported its first-quarter financial results after the bell Thursday.