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US banking system 'well-capitalized' despite risks: Yellen
US banking system 'well-capitalized' despite risks: Yellen
Economy
by  AFP

US Treasury Secretary Janet Yellen said Thursday that the country's banking system is "well-capitalized" even as some banks face stresses stemming from the commercial real estate sector. "There are some risks, and there are some institutions that will face stresses from commercial real estate," she said.

Google goes big on ChatGPT-style chatbot
Google goes big on ChatGPT-style chatbot
Technology
by  AFP

Google on Thursday rebranded its ChatGPT-style chatbot to Gemini, giving it unprecedented prominence on its products, as the tech titan's AI race with Microsoft heats up. Google also said it was releasing Gemini Ultra 1.0, its most powerful generative AI model yet, which will be available as an advanced chatbot for $20 a month in 150 countries -- but only in English.