The Markets News Today: ECB Meeting Grapples with Falling Inflation, Rate Cut Speculation

The Markets News Today: ECB Meeting Grapples with Falling Inflation, Rate Cut Speculation

Meta is making substantial investments in artificial intelligence, aiming to revolutionize its video recommendation system across all platforms. Tom Alison, Facebook’s head, revealed Meta’s ambitious “technology roadmap” until 2026, which includes developing a unified AI model for Reels and longer-form videos. By leveraging Nvidia GPUs, Meta aims to enhance recommendation systems, yielding significant improvements in user engagement, with plans to extend AI integration across various products like Groups and the core Facebook Feed.

Granholm Warns of Chinese Onslaught in U.S. EV Market

Energy Secretary Jennifer Granholm cautioned against China’s potential dominance in the U.S. electric vehicle market, echoing concerns raised by President Biden. With China surpassing Japan in car exports and rapidly advancing EV technology, Granholm emphasized the…
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