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Vatican Advocates for Binding Global AI Regulations as Pope Warns Against Technology Arms Race - Professional coverage
AIPolicy

Vatican Advocates for Binding Global AI Regulations as Pope Warns Against Technology Arms Race

Vatican Calls for International AI Governance Framework The Catholic Church has positioned itself as a leading voice in the global…

OpenAI Forges Hollywood Alliance to Strengthen Ethical AI Protections in Sora Platform - Professional coverage
AIPolicy

OpenAI Forges Hollywood Alliance to Strengthen Ethical AI Protections in Sora Platform

Industry-Wide Collaboration Addresses Deepfake Concerns OpenAI has announced significant policy enhancements to its Sora video generation platform following coordinated pressure…

US-China Cyber Tensions Escalate as Beijing Alleges NSA Targeted Critical Time Infrastructure - Professional coverage
CybersecurityPolicy

US-China Cyber Tensions Escalate as Beijing Alleges NSA Targeted Critical Time Infrastructure

China Accuses US of Sophisticated Cyber Campaign Against National Timing Systems China's Ministry of State Security has leveled serious allegations…

MediaSports

Apple Secures Exclusive U.S. Formula 1 Streaming Rights in Major Sports Media Deal

Apple has reportedly secured exclusive U.S. broadcasting rights for Formula 1 in a landmark five-year partnership beginning in 2026. The deal represents Apple’s most ambitious move into live sports streaming to date and will end ESPN’s tenure as the series’ American broadcaster.

Exclusive Streaming Partnership Announced

Technology giant Apple Inc. has reached a five-year exclusive broadcast agreement with Formula 1 to stream races in the United States starting in 2026, according to reports. The partnership comes at a time when Formula One continues to experience significant growth in popularity worldwide, particularly in the American market.

EconomyFinance

Banking Sector Sees Volatility Spike as Credit Concerns Surface Despite Market Recovery

Regional bank stocks experienced sharp declines before recovering, driven by loan loss disclosures and fraud allegations. While broader markets stabilized, JPMorgan’s CEO warned of potential credit market upheaval as private lending faces increased scrutiny over transparency and risk.

Market Swings Highlight Underlying Credit Worries

Financial markets experienced significant volatility this week as regional banking stocks plunged before partially recovering, with analysts suggesting the movements underscore persistent concerns about credit risk in less transparent lending sectors. According to reports, Zion Bancorp and Western Alliance Bancorp saw their shares drop 13% and 11% respectively on Thursday after disclosing lending issues, though both reportedly recovered some losses by Friday morning.

AITechnology

OpenAI Faces Revenue Challenges as ChatGPT Subscription Growth Stagnates in European Markets

New analysis reveals ChatGPT subscription revenue has flatlined in key European markets after early 2023 growth. The development comes as OpenAI plans trillion-dollar infrastructure expansion despite relying heavily on subscription income from its flagship chatbot.

ChatGPT Subscription Growth Stalls in European Markets

OpenAI’s flagship ChatGPT service appears to be struggling with subscriber growth in European markets, according to recent analysis from Deutsche Bank Research Institute. The report indicates that European spending on ChatGPT subscriptions has stagnated since May 2023, suggesting the AI boom‘s most prominent product may be facing challenges converting users to paying customers.