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Meta execs obsessed over beating OpenAI’s GPT-4 internally 🤖
Executives and researchers leading Meta’s AI efforts focused intensely on surpassing OpenAI’s GPT-4 model while developing Llama 3, according to internal messages revealed during a court case on AI copyright issues, Kadrey v. Meta.

Mercedes-Benz Implements Cost-Cutting Strategy
German luxury carmaker Mercedes-Benz has announced a sweeping cost-cutting plan in response to dwindling sales and profit margins, forecasting a significant drop in earnings for 2025. The company aims to navigate an increasingly competitive market landscape, particularly in China and Europe, where demand has softened.

European Markets Rise as Oil Falls on Renewed Hopes for US-Iran Talks
Markets move higher as geopolitical tensions ease slightly, with oil prices dropping on renewed hopes of US–Iran negotiations.

Trump Pushes Tech Firms to Prioritize American Workers
Trump calls on tech giants to stop hiring foreign workers, including Indians, urging a focus on U.S. jobs in AI.

China Bans OnlyFans in Latest Online Crackdown
China intensifies its digital regulation by banning access to OnlyFans, targeting foreign platforms.

Everyone in Dubai to Receive Free ChatGPT Plus Access
All residents of Dubai will soon be granted free access to ChatGPT Plus, the premium version of OpenAI’s AI chatbot.

Report: Apple avoid Trump's tariffs by shipping 5 planes full of iphones
Apple transported five planes full of iPhones and other products to meet the soaring demand during the festive season, ensuring that consumers around the world could get their hands on the latest devices. The company's logistical efforts have been aimed at addressing the challenge of maintaining a smooth supply chain during a period when demand for its products is at its peak.

Wall Street up on Trump trade comments
U.S. markets ended higher as investors evaluated Trump’s trade comments and positive bank earnings eased credit concerns.

The Memecoin That Earned Trump $12 Billion in Two Days
Although Trump and his entities cannot immediately sell all the tokens of the "Official Trump" memecoin (subject to a three-year unlocking schedule), the nominal value of the assets has already reached $12 billion.

Gold reaches all-time high of $2,985 per ounce
Gold prices soared on Thursday, breaking past the previous record of $2,954 per ounce and reaching an all-time high of $2,971, despite elevated US Treasury bond yields and a robust US Dollar.
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