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Us Stocks-wall Street Slides From Recent Highs As Megacaps Weigh
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) Dec 4 (Reuters) - U.S. stocks dipped from recent highs on Monday, with investors turning cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut interest rates early next year. All three major indexes receded, with megacaps Microsoft , Apple, Nvidia and Amazon dropping between 1% and 3%, pressured by higher U.S. … Full investment news article
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Ai's Future Could Be 'open-source' Or Closed. Tech Giants Are Divided As They Lobby Regulators
Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they’re also lobbying hard to make sure the new rules work in their favor. Facebook parent Meta and IBM on Tuesday launched a new group called the AI Alliance that’s advocating for an “open science” approach to AI development that puts them at odds with rivals Google, Microsoft and ChatGPT-maker OpenAI. These two diverging camps — the open and the closed — disagree about whether to … Full investment news article
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