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...This year it has been a key player in several high-profile matters including the sale of Credit Suisse to UBS and the restructuring of Silicon Valley Bank....
...The Silicon Valley giant added another option it was considering was how to give publishers more “choice and control” over whether their content became part of a training data set for AI, similar to how...
...The shift makes Citadel Securities the latest financial services company to increase its reliance on Big Tech cloud services and is a win for Google as Silicon Valley companies host more business traditionally...
...The delayed release of Gemini and its mixed reception by users have been symptomatic of the Silicon Valley giant’s fumbled efforts over the past year to seize the lead in the use of generative AI — a technology...
...Rising interest rates have hit the valuations of private start-ups, forcing Silicon Valley venture capital firms to shift their focus from raising ever-larger funds to instead ensuring the survival of companies...
...How far should regulators go in dictating the basic designs of some of the most widely used tech products and services?...
...It was one of several lenders that came under pressure following the collapse of Silicon Valley Bank in March last year....
...The writer is founder of Sifted, an FT-backed site about European start-ups A brassy new venture capital investor, going by the ugly acronym Mang, has been making a lot of noise in Silicon Valley....
...Generative AI — systems that spew out text, code, and video in seconds — has opened up a new front in the battle for big tech dominance across Silicon Valley....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...Mention start-up centres, and most people think Silicon Valley....
...In more recent years he took Silicon Valley by storm by overseeing Tiger’s investments in more than 100 private technology start-ups, including FTX and OpenAI, as it earned a reputation for quickly making...
...Driverless cars are being tested in a handful of other US cities and Alphabet’s Waymo has a commercial service in part of Phoenix and surrounding suburbs....
...Cruise and its rival Alphabet-owned Waymo were granted permission by the California Public Utilities Commission in August to run driverless taxi services throughout the city....
...On one hand there is the Silicon Valley culture of rapid deployment of new technologies, and on the other the kind of safety cultures and processes that take years to evolve in more mature markets....
...Once-high flying institutions such as Credit Suisse, First Republic and Silicon Valley Bank crumbled and a drought of deals has caused mass investment banking lay-offs....
...Some of Silicon Valley’s top engineers have spent the last decade writing code for driverless cars to expertly manoeuvre around the most complex streets in San Francisco....
...Tech companies are quick to warn that messing with their current way of doing business could threaten free internet services and low-price digital goods that have been popular with millions of consumers....
...Cruise can charge but only at night in certain parts of the city. A vote to consider Waymo’s request to collect fares and Cruise’s application to run a daytime service has been postponed to mid-July....
...Gomez is interested in applying large language models to business problems from banking and retail to customer service. “For us, it’s about lowering the barrier to access,” he says....
...The deal was finalised as markets unravelled during the failure of Silicon Valley Bank and as other potential bidders bowed out....
...SVB Financial Group, the parent holding company of Silicon Valley Bank, filed for bankruptcy in March after SVB had been taken over by the FDIC amid a $42bn run on deposits by customers....
...It added that “only the mandatory divestment by Google of part of its services would address” such concerns....
...One way that has come is in the form of great deals on loan portfolios, as lenders look to boost their liquidity after the turmoil at First Republic and Silicon Valley Bank....
...Apple has lost an attempt to prevent three of its top executives from being called to testify, including Eddy Cue, head of its services business....
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