Author: Wesley Wonders

Yuichiro Chino | Moment | Getty Images Bitcoin rose on Thursday, recovering some of its losses from the previous day, when the cryptocurrency sold off on concerns about the potential of a bitcoin exchange-traded fund approval that many expect as soon as next week. The flagship cryptocurrency was last higher by about 3% at $43,870.01,…

Apple was slapped with its second major stock downgrade of the week on Thursday as fears mount on Wall Street about lukewarm demand for its flagship iPhone. Piper Sandler & Co. lowered its ratings for Apple’s stock to “neutral” from “overweight” on Thursday. The firm’s analysts, who had been bullish on Apple since March 2020,…

OpenAI is offering paltry payouts of as little as $1 million to media outlets in exchange for using their news articles to train the models that power ChatGPT — and the negotiations are playing out even as the company faces a major copyright infringement lawsuit from the New York Times. The proposed licensing fees of…

Jeff Bezos has backed a startup valued at $520 million working to rival Google’s web search dominance by using artificial intelligence to change the way people look for information online. Dubbed Perplexity, its prized product is a forum to “ask anything,” which its San Francisco-based team of less than 40 calls an “answer engine,” according…