(Reuters) - Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet's Google and OpenAI, the Information reported on Monday.
The new model, internally referred to as MAI-1, is being overseen by recently hired Mustafa Suleyman, the Google DeepMind co-founder and former CEO of AI startup Inflection, the report said, citing two Microsoft employees with knowledge of the effort.
Microsoft did... (continue reading...)
ANKARA (Reuters) - Turkey hit northern Iraq with air strikes on Monday and claimed to have killed 16 members of the outlawed Kurdistan Workers Party (PKK) sheltering there.
The Turkish defence ministry said the PKK militants had been "neutralised" in the Hakurk, Metina and Gara regions of northern Iraq.
The PKK, which has been waging an insurgency against the Turkish state since 1984, is designated a terrorist organisation by Turkey, the... (continue reading...)
By Hannah Lang
(Reuters) - Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate candidates who are friendly to digital assets, according to a report from Public Citizen.
WHY IT'S IMPORTANT
Only two other political groups, or super PACs, have raised more money than the crypto sector this election cycle, Public... (continue reading...)
(Reuters) - Fewer low-income Americans took out mortgage loans last year than 2020, real estate broker Redfin said in a report on Monday, as steep interest rates make homebuying less affordable.
As aggressive rate hikes by the U.S. Federal Reserve have pushed up the cost of standard 30-year mortgages to more than 7%, existing homeowners have held on to rock-bottom rates from the pandemic. That has limited the supply of homes for sale and resulted in... (continue reading...)
By Dietrich Knauth
NEW YORK (Reuters) - Steward Health, which operates 30 hospitals in nine U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust.
The privately-owned hospital chain said it would continue serving patients as normal during its bankruptcy.
Steward has sought short-term financing and to sell its physician group Stewardship... (continue reading...)
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