Meta Launches AI Coding Software to Compete With OpenAI
Meta Platforms Inc. launched a new artificial intelligence coding tool in the social media company’s latest bid to compete with Microsoft Corp.-backed OpenAI and Alphabet Inc.’s Google.
Bloomberg Business
Mexico Inflation Slows as Expected, Giving Some Relief to Banxico
Mexico’s annual inflation eased roughly in line with expectations in early August, a positive sign for the central bank as it continues holding its interest rate at a record high to slow price growth.
Why Jailed FTX Co-Founder Sam Bankman-Fried is Unlikely to Have Access to Adderall
Life at Brooklyn’s notorious Metropolitan Detention Center has proved challenging for disgraced former crypto CEO Sam Bankman-Fried.
Fossil Fuel Subsidies Hit $1.3Â Trillion Despite Government Pledges to End Them
Governments around the world are failing to deliver on promises to wind down fossil fuel subsidies, even as climate change impacts worsen.
Want Bacon With That? IHOP Taps Google’s AI to Boost Web Orders
For restaurants, one of the downsides of online ordering is that there isn’t a waiter pitching appetizers or a side of bacon. IHOP is betting that using Google’s AI-powered recommendations will help that.
Eurovision Organizers Consider Banning AI From Kitschy Pop Contest
Eurovision, the kitschy annual pop song contest, is debating a ban on artificial intelligence, the latest sign of the entertainment industry’s concerns over the emerging technology.
FIFA Opens Disciplinary Action Against Spanish Football Chief
FIFA has opened opened disciplinary proceedings against the head of Spain’s football association, following inappropriate behavior during the Women’s World Cup final.
H.I.G.-Backed Pillow Maker Goes Bust Two Years After Takeover
Pillow maker Pegasus Home Fashions Inc. filed for bankruptcy with plans to sell itself about two years after H.I.G. Capital took over the business.
US Jobless Claims Drop to 230,000, Lowest in Three Weeks
Applications for US unemployment benefits fell to the lowest level in three weeks, suggesting demand for workers is still healthy.
US Business Equipment Orders Remain Tepid on High Interest Rates
Orders placed with US factories for business equipment increased slightly in July after a downward revision to the prior month, suggesting companies are somewhat cautious about capital investment amid high borrowing costs and economic concerns.