Tag: Arent
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First Residents Financial institution Says It’s Dedicated to Silicon Valley. Others Aren’t Satisfied
On Monday morning, shoppers of what was once Silicon Valley Financial institution (SVB) discovered themselves with a brand new and largely unfamiliar banker: First Residents Financial institution, a North Carolina-based firm that’s been a serious purchaser of distressed banks lately. In a shareholder name on Monday, First Residents CEO Frank Holding hailed its acquisition of…
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This Tweet Is Proof Lawmakers Aren’t Prepared for the AI Growth
On Sunday evening, Senator Chris Murphy (D-CT) tweeted a daring declare about ChatGPT, saying the chatbot had “taught itself to do superior chemistry” although chemistry data wasn’t “constructed into the mannequin” and no person “programmed it to study difficult chemistry.” “It determined to show itself, then made its data accessible to anybody who requested,” Murphy…