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AI Power Moves: Billionaire Quant Boosts Trading with ChatGPT, UAE to Build Largest AI Campus

This Billionaire Quant Is Turbocharging His Trading Models With ChatGPT-Style AI

Image Source: Forbes

• A billionaire quant is incorporating ChatGPT-style AI to enhance his trading models.
• The individual aims to leverage generative AI to further boost his financial success.

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Lords examine new amendment to data bill to require AI firms declare use of copyrighted content

Image Source: Guardian

• A new amendment to the data bill is being proposed that would require AI companies to disclose their use of copyright-protected content.
• The amendment aims to challenge plans that would allow AI firms to use copyrighted work without permission.

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Trump agrees deal for UAE to build largest AI campus outside US

Image Source: Guardian

• The United Arab Emirates and the United States have agreed for the UAE to construct the largest AI campus outside the US, indicating significant international collaboration in AI development.
• Concerns have been raised over the agreement due to potential Chinese influence and previous US restrictions aimed at preventing China from accessing advanced AI technology.

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Meta Shares Slip on Report That It's Delaying Flagship AI Model

Image Source: Bloomberg

• Meta Platforms Inc. is facing a decline in shares due to the reported delay of a flagship artificial intelligence model.
• Concerns have arisen regarding Meta's AI strategy following news of the delay in the development of the AI model.

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Trump's Rush to Cut AI Deals in Saudi Arabia and UAE Opens Rift With China Hawks

Image Source: Bloomberg

• President Trump's AI deals in Saudi Arabia and UAE are causing concern among China hawks in his administration.
• The China hawks worry that these AI projects could jeopardize US national security and economic interests.

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