Browsed by
Author: dzadmin

Anthropic, OpenAI rivalry spills into new Super Bowl ads as both fight to win over AI users

Anthropic, OpenAI rivalry spills into new Super Bowl ads as both fight to win over AI users

Comments 0 Comment

By MATT O’BRIEN, AP Technology Writer

The two artificial intelligence startups behind rival chatbots ChatGPT and Claude are bracing for an existential showdown this year as both need to prove they can grow a business that will make more money than they’re losing.

Related Articles

The fiercest competition between the two AI developers, along with bigger companies like Google, is a race to win over corporate leaders looking to adopt AI tools to boost workplace productivity. The rivalry is also spilling into other realms, including the Super Bowl.

Anthropic is airing a pair of TV commercials during Sunday’s game that ridicule OpenAI for the digital advertising it’s beginning to place on free and cheaper versions of ChatGPT. While Anthropic has centered its revenue model on selling Claude to other businesses, OpenAI has opened the doors to ads as a way of making money from the hundreds of millions of consumers who get ChatGPT for free. read more

Boar’s Head reopens Virginia deli meat plant tied to deadly listeria outbreak

Boar’s Head reopens Virginia deli meat plant tied to deadly listeria outbreak

Comments 0 Comment

By JONEL ALECCIA

The Boar’s Head deli meat plant tied to a deadly food-poisoning outbreak in 2024 is back in business, company officials said.

Related Articles

The Jarratt, Virginia, site resumed limited operations on Monday, nearly 17 months after it was shut down following the listeria outbreak that killed 10 people and sickened dozens.

Boar’s Head, a 120-year-old company based in Sarasota, Florida, permanently stopped making liverwurst and recalled 7 million pounds (more than 3 million kilograms) of deli products in the wake of the illnesses.

But Natalie Dyenson, the company’s chief food safety officer, told The Associated Press that the facility has been completely revamped and tested to ensure no contamination remains. read more

Bitcoin’s monthslong slide continues, hitting fresh 15-month low of $67,000

Bitcoin’s monthslong slide continues, hitting fresh 15-month low of $67,000

Comments 0 Comment

Associated Press

The price of bitcoin continued its monthslong slide Thursday, falling another 11% to $67,000, its lowest level in 15 months.

Related Articles

The original cryptocurrency, pitched as “digital gold,” has lost 46% of its value since Oct. 6, when it hit a record high of $126,210.50, according to crypto trading platform Coinbase. As of 10:30 a.m. EST Thursday, its price had dipped to $67,245.

After the election of President Donald Trump in November of 2024, Bitcoin prices chugged higher for the better part of a year, in part due to investors’ expectations of a more crypto-friendly administration in Washington. read more

Average US long-term mortgage rate barely budges, holding near 6%

Average US long-term mortgage rate barely budges, holding near 6%

Comments 0 Comment

By ALEX VEIGA, AP Business Writer

The average long-term U.S. mortgage rate barely budged this week, staying close to 6% as the spring home-buying season nears.

Related Articles

The benchmark 30-year fixed rate mortgage rate edged up to 6.11%, essentially flat compared to last week when it was 6.1%, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.89%.

This is the latest increase since the average rate eased three weeks ago to 6.06%, its lowest level in more than three years.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also ticked up this week. That average rate inched up to 5.5% from 5.49% last week. A year ago, it was at 6.05%, Freddie Mac said. read more

Big Tech and dour data on the US job market hit Wall Street as bitcoin tumbles

Big Tech and dour data on the US job market hit Wall Street as bitcoin tumbles

Comments 0 Comment

By STAN CHOE, AP Business Writer

NEW YORK (AP) — Sharp drops for big technology companies are yanking the U.S. stock market lower on Thursday, while prices for bitcoin, silver and gold weaken. Yields are also sinking in the bond market following discouraging news on the U.S. job market.

Related Articles

The S&P 500 fell 0.7% and is heading toward its sixth loss in the seven days since it set an all-time high. The Dow Jones Industrial Average was down 338 points, or 0.7%, as of 1:04 p.m. Eastern time, and the Nasdaq composite was 0.8% lower.

Alphabet was one of the heaviest weights on the market and dropped 2.7%, even though the parent company of Google, YouTube and other businesses reported a stronger profit for the latest quarter than analysts expected. Investors focused instead on how much Alphabet is spending on artificial-intelligence technology and questioned whether it will all prove worth it. read more