Feb 9 (Reuters) - Pent-up demand for new listings and a strong pipeline of high-profile private companies such as Elon Musk's SpaceX is setting the stage for what could be a breakout year for the U.S. initial public offering market.
Goldman Sachs predicted last week that proceeds from U.S. IPOs could vault to a record $160 billion in 2026, should the marquee names go public this year.
Market participants are also optimistic on a bigger... (continue reading...)
By Jonathan Stempel
Feb 9 (Reuters) - Google has been sued by Autodesk for allegedly infringing its "Flow" trademark to market competing AI-enabled software used to make movies, TV shows and video games.
In a complaint filed on Friday in San Francisco federal court, Autodesk said it began using Flow in September 2022 for visual effects, production management and other products, and was surprised when Google launched Flow software in May... (continue reading...)
LONDON, Feb 9 (Reuters) - Asking AI about medical symptoms does not help patients make better decisions about their health than other methods, such as a standard internet search, according to a new study published in Nature Medicine.
The authors said the study was important as people were increasingly turning to AI and chatbots for advice on their health, but without evidence that this was necessarily the best and safest approach.
... (continue reading...)By Francesco Canepa and Balazs Koranyi
FRANKFURT, Feb 9 (Reuters) - The surprise resignation of Francois Villeroy de Galhau as French central bank governor is unlikely to change the European Central Bank's steady policy course at a time of rare unity among the euro zone's top rate setters.
Villeroy's announcement on Monday that he will step down in June, over a year before his term ends, also means that French President Emmanuel Macron... (continue reading...)
Feb 9 (Reuters) - Americans grew less worried about the near-term path of inflation and hiring in January, a report from the Federal Reserve Bank of New York said on Monday.
As part of its latest Survey of Consumer Expectations, the bank said that inflation expectations one year from now stood at 3.1% in January compared with 3.4% in December, while at the three- and five-year-ahead horizons, expectations held steady at 3%.
On the hiring... (continue reading...)
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