ECB tipped to hike rates again, as Fed hits pause. The European Central Bank is expected to again hike interest rates on Thursday and signal that the fight against inflation is not over yet, analysts said, even as the eurozone falls into recession.With inflation slowing but still three times above the ECB’s two-percent target, there […]

Meta guru says ChatGPT-style AI is out-of-date. The chief scientist for Facebook-owner Meta on Tuesday said that generative AI, the technology behind ChatGPT, was already at a dead end, instead promising new artificial intelligence resembling human rationality.”Today AI and machine learning really sucks. Humans have common sense, machines don’t,” Yann LeCun told reporters at a […]

The human brain’s cerebellum might be more vulnerable to Covid infections than other brain regions, a new study employing an innovated MRI technique has found. The study from Rotman Research Institute and Sunnybrook Hospital in Toronto, Canada, reinforces the idea that Covid can lead to changes in the brain, it said. The new imaging technique, called […]

Musk and Macron headline France technology show. Billionaire Elon Musk and President Emmanuel Macron are headlining France’s biggest technology trade show, VivaTech, which begins its annual four-day run on Wednesday.Macron is expected to announce new funding for artificial intelligence (AI) projects targeting French speakers, as concern grows that the dominance of US firms could disadvantage […]

Asian markets struggle to match Wall St as inflation data looms. Markets were mixed in Asia on Tuesday, with investors awaiting the release of key US inflation data later in the day that could play a big role in the Federal Reserve’s keenly anticipated interest rate decision.Expectations are for the US central bank to hold […]

Thales to buy Australian cybersecurity firm Tesserent. Thales has signed an agreement to acquire Australian cybersecurity firm Tesserent, the French defence contractor announced Tuesday.”This acquisition would enable Thales to accelerate its cybersecurity development roadmap and expand its footprint in Australia and New Zealand,” Thales said in a statement. With 500 employees and turnover last year […]