Finance is about people.
Experience, ideas and independent perspectives. Read authors who look beneath the headlines.
Explore the stories ↗
UAE has opened the code of its Falcon 40B language model, which bypasses LLaMA and StableLM from Meta
Look beneath the headlines

UAE has opened the code of its Falcon 40B language model, which bypasses LLaMA and StableLM from Meta
If you are interested in artificial intelligence and large language models (LSMs), you have a unique opportunity to try out Falcon 40B, the UAE's first large-scale AI model, which is now open source for research and commercial use. Falcon 40B is a 40 billion parameter fundamental BLM trained on one trillion text passages. It outperforms

Artificial Intelligence Under Control
In 2023, the world was rocked by OpenAI's generative artificial intelligence, ChatGPT, which can create images, videos, texts, code and more. Experts call it a breakthrough and warn that further development of the technology could lead to a drastic change in the labor market and even get out of control. EU and Google to develop

How Jensen Huang created Nvidia and made billions
Every billionaire has his own path to success. For example, technology tycoon Jensen Huang, whose fortune has skyrocketed over the past year, has been systematically realizing his professional abilities. Huang's chip and graphics processor company Nvidia has been riding the wave of AI success and its stock was the top stock of the week, rising

What is the threat of recession in Germany?
Germany's economy has been a driving force for the entire European region for many decades, demonstrating its ability to cope with various challenges. But something has gone wrong - for the second quarter in a row, the country has recorded a decline in GDP, suggesting a technical recession and, as Bloomberg says, posing a risk

IMF: US recession, rising dollar and high Fed rates seriously threaten the world
WASHINGTON, May 26 - RIA Novosti. A possible downturn in US business activity that risks turning into recession, along with a strengthening US currency and high Federal Reserve (Fed) interest rates, could have serious consequences for the rest of the world, the International Monetary Fund (IMF) has said. "The combination of higher US interest rates,

The situation in Russia's industrial sector is favourable
The growth rate of Russia's manufacturing PMI declined for the second month in a row in April. Nevertheless, the indicator remains above the 50-point threshold (52.6 points), indicating improved operating conditions in the manufacturing sector on the back of increased production and new orders. Demand is boosted by the substitution of domestic products for fallen

Not just default. The US faces problems with any decision on the national debt
There are only a few days before a possible US default - it could happen on 1 June if the country's authorities do not reach an agreement on the debt ceiling. The White House is negotiating with Republican congressmen who, to approve an increase in the ceiling from the current $31.4 trillion, require a reduction

Alibaba's revenue growth rate remains low
Chinese e-commerce leader Alibaba today reported fiscal Q4 2023 (3 months ending March 2023). The company's revenue increased by 2.0% YoY to RMB208.2 billion and adjusted EBITDA increased by 37.4% to RMB59.2 billion. Adjusted net income per share rose 35.4% YoY to RMB1.3. Free cash flow, which amounted to ¥32.3 billion compared with a negative

Who will pay the bill? The US is close to default
For the first time in its history, the US has come close to defaulting. The count goes on for weeks. In as little as a month America could stop paying its bills. The White House has started active talks with the "financial hawks", but there are no signs of a way out of the impasse

Clouds are gathering over the US commercial property market
You and I, along with Janet Yellen, keep saying that if the enemies don't agree, default is inevitable. And here, you see, there is already a persistent feeling - the US economy is now more like a time bomb. And it's not just the threat of default and a banking crisis, but also the toxic