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...The third co-founder, Niklas Adalberth, offloaded most of his shares years ago to start a foundation. Both Klarna and Jacobsson declined to comment....
...Venture capitalists are under increasing pressure to return capital to their own backers — institutional investors, foundations and pension funds, known as limited partners [LPs] — as it has become more...
...and other institutional investors known as limited partners....
...An early rush to bet on so-called foundation models — which underpin popular chatbots such as ChatGPT — has pushed the valuations of start-ups building them, including OpenAI and Anthropic, to levels which...
...Sunak’s spokesman on Tuesday morning refused to describe the alleged comments by Tory megadonor Frank Hester as “racist” but Downing Street finally called them “racist and wrong” just before 7pm, more than...
...German President Frank-Walter Steinmeier hosts visiting Estonian President Alar Karis in Berlin. Central banks: Bank of England governor Andrew Bailey addresses an IMF online event....
...Globally, venture firms raised $30.4bn from university endowments, foundations and other institutional investors in the first three months of this year, a marked slowdown from 2023 — which itself was the...
...However, former Tory home secretaries Dame Priti Patel, Amber Rudd and Sir Sajid Javid recently warned against politicising extremism while Sunak was criticised for not returning £10mn to a Tory donor, Frank...
...“The top-level decision many companies are making is: should we use an LLM and which should we use?” said Rishi Bommasani, who leads a team at the Stanford Center for Research on Foundation Models....
..., justice and local government by 2028-29, according to the foundation....
...Amanda Lacaze, chief executive, said 2024 was a “transitional” year that “has established an excellent foundation for our future success”....
...George Condo has made three new prints, each in editions of 150 and offered for €6,000 apiece, to benefit the Dia Art Foundation, which marks its 50th anniversary this year....
...She will also promise to rebuild growth on “strong and secure foundations”. Reeves will contrast her approach to that of Truss, who wanted to dramatically reshape Britain’s economic institutions....
...Affable and generous with his time, McClory unwinds by serving on the board of directors of the USA Track & Field Foundation, along more than 40 other athletes, executives and notables, including Blackstone...
...Fresh from a degree in maths and computer science at the Massachusetts Institute of Technology, the politically active, punk-loving son of an Iranian father and Cuban mother set up a foundation from money...
...OpenAI announced three more new board members on Friday: Sue Desmond-Hellmann, former head of the Bill & Melinda Gates Foundation; Nicole Seligman, former president of Sony Entertainment; and Fidji Simo,...
...The developments came after Labour leader Sir Keir Starmer accused Sunak of “failing” the country by “clinging on” to donations from Frank Hester following reports the Tories had received £5mn more than...
...“Rachel Reeves and Jeremy Hunt are in the same situation now as Gordon Brown and Ken Clarke in 1997,” he said, adding that in both cases, Labour wanted to build on foundations laid by Tory chancellors....
...Prime Minister Rishi Sunak has said that reported remarks by Tory megadonor Frank Hester were “racist and wrong” but that the businessman’s “remorse should be accepted”....
...And finally With a new show of his Frank Auerbach: The Charcoal Heads at the Courtauld Gallery in London, the painter tells our chief art critic Jackie Wullschläger why, at 92, he is more than ever acutely...
...Mordaunt’s allies deny any plot and say the story was planted to “damage her and the government”....
...George Galloway’s campaign was essentially the only serious, organised political machine in town and he duly triumphed handsomely and emphatically despite a very impressive performance by David Tully, a...
...“Labour’s plans are based on independent research published by the Resolution Foundation and — unlike the Conservatives — our manifesto will be fully funded and fully costed,” a Labour spokesperson said....
...On Wednesday Badenoch, who is also equalities minister, was challenged over whether she had been entirely frank when she claimed in December to have “engaged extensively with LGBT groups”....
...“Over the past year, we’ve seen the market quickly consolidate around a handful of foundation models, with large tech players coming in and pouring billions of dollars into companies like OpenAI, Cohere,...
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