Bank Of England Spends £85k Researching How Best To Erase Churchill

Google's Chief AI Scientist Jeff Dean Exits After 27 Years, Alphabet Shares Slide Alphabet shares slid after The Wall Street Journal reported that Jeff Dean, one of Google's earliest employees and a key figure in its AI strategy (co-founder of Google Brain), is departing after nearly three decades to launch his own AI company. The exit raises fresh concerns about Google's ability to retain top researchers as competition for AI experts intensifies.  Dean was Google's 30th employee in 1999 and will serve as CEO of Discovery Loop, a public-benefit corporation initially...

When Uncle Sam Turns Venture Capitalist, What Could Go Wrong? Authored by James Varney via RealClearInvestigations, The battery recycler Ascend Elements was riding high in 2023, flush with hundreds of millions of dollars in federal funding. The seed money provided to the Massachusetts company, which launched in 2017, was one of several large bets the Biden administration placed on the green future as it essentially created a venture capital arm at the Department of Energy and other agencies. In the movies, VCs almost always score big through their early investments in future...

China Stocks Sink To One-Year Low As Proposed US Curbs Hammer Optical Suppliers The CSI 300 Index, a leading benchmark tracking 300 of the largest stocks listed in Shanghai and Shenzhen, fell to a one-year low Monday. The index, roughly comparable to the S&P 500, came under pressure as co-packaged optics (CPO) shares sold off following a Reuters report of proposed US restrictions on Chinese optical transceivers used in sensitive government systems and data centers. UBS's Lucy Zhang offered clients a first take on the Reuters report and the resulting selloff in...