China’s Alibaba launches AI model to power robots as tech giants talk up ‘physical AI’
Nvidia and Google are among a handful of major tech giants developing models for robotics and so-called “phyiscal AI.” Image: 晓逸 善 / Pexels Source: CNBC
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Realtors report a ‘new housing crisis’ as January homes sales tank more than 8%
Home sales in January fell more than expected as mortgage rates didn’t move much and consumer confidence dropped. Image: Stewart Munro / Unsplash Source: CNBC
Alphabet calls out new AI-related risks, as it taps debt market to fund build-out
In Alphabet’s annual report, the company said AI poses business risks, including its potential impact on advertising. Image: Axel Ruffini / Unsplash Source: CNBC
Japan Insurer Scandals Deepen as Dai-ichi Reveals Misconduct
Japan’s insurance industry is reeling from a raft of scandals that have exposed companies’ lax supervision of its employees, undermining trust in the sector at a time when the government is trying to drive more investment by individuals. Image: Nichika Sakurai / Unsplash Source: Bloomberg
Cuba says international airlines can no longer refuel there as Trump turns up the pressure
The update comes shortly after U.S. President Donald Trump threatened tariffs on any country that supplies Cuba with oil. Image: Patrik Felker / Pexels Source: CNBC
Reckoner Launches Novel CLO ETFs That Reinvest Loan Dividends
Reckoner Capital Management is launching a series of collateralized loan obligation ETFs that will automatically reinvest loan dividends, a novel feature that will allow investors to control when they collect distributions and pay taxes. Image: Frantzou Fleurine / Unsplash Source: Bloomberg
Former Trump campaign lawyer sparked FBI probe of Fulton County ballots: Affidavit
The FBI raid of a Fulton County, Georgia, election center generated controversy because of the presence of Trump national intelligence director Tulsi Gabbard. Image: Jon Tyson / Unsplash Source: CNBC
Japanese Prime Minister Takaichi’s ruling LDP seen winning outright majority in snap election: NHK
PM Takaichi’s Liberal Democratic Party is likely to win between 274-328 seats in the Lower House, higher than the 233 seats needed for a majority, NHK says. Image: Jamie Trinh / Unsplash Source: CNBC
Trump administration equity stakes pose risks to U.S. companies and markets
The Trump administration’s growing portfolio of direct investments is unprecedented outside an economic crisis or wartime. Image: Allen Beilschmidt sr. / Pexels Source: CNBC
FDA says Novo Nordisk’s TV ad for obesity pill includes ‘false or misleading’ claims
The FDA requested that Novo take immediate action to address the violations, which could include ceasing all ads containing misleading claims about the pill. Image: Ferdi Noberda / Pexels Source: CNBC