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Video-sharing app Vine is returning ‘in AI form’, Musk says
Musk made the announcement in a post on X, formerly Twitter, but did not provide further details. X did not immediately respond to a Reuters request seeking more information on the reboot. The Tesla CEO has previously hinted at reviving Vine multiple times since he acquired Twitter in 2022, including posting … Read More >>
OpenAI prepares to launch GPT-5 in August, The Verge reports
The new model, which was expected to launch this summer, will be positioned as an AI system that incorporates distinct models and can perform different functions as opposed to just a single AI model. OpenAI did not immediately respond to a Reuters request for comment. The Microsoft-backed startup’s GPT-5 will … Read More >>
US new home sales below expectations in June; housing supply rises
New home sale units rose 0.6% to a seasonally adjusted annualized rate of 627,000 units last month, the Commerce Department’s Census Bureau said on Thursday. The sales pace for May was unrevised at a rate of 623,000 units. Economists polled by Reuters had forecast new home sales, which make up more than 10 … Read More >>
Nasdaq CEO signals improved IPO market momentum, shares jump on results beat
(Reuters) -Nasdaq CEO said on Thursday the strong performance of recent large-cap IPOs has improved the outlook for new listings, riding high after beating second-quarter profit estimates that sent the exchange operator’s shares up 7%.Initial public offerings on its eponymous exchange rebounded strongly in th … Read More >>
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