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French lawmakers say country could generate $150M in annual revenue from Bitcoin mining
French legislators propose a pilot program enabling energy producers to utilize surplus electricity for cryptocurrency mining, potentially increasing the nation’s income by approxi...
Read Full Article →OpenAI hits $10b in annual revenue but posts $5b loss
Despite generating over $10 billion in yearly revenue through its AI products, the company incurred a substantial financial deficit of $5 billion during the same period.
Read Full Article →Monzo: The rockstar fintech setting the City abuzz
Monzo’s recent financial report highlights its achievement of surpassing £1 billion in yearly revenue, underscoring its growing influence within the financial technology sector and...
Read Full Article →Auto Trader: FTSE 100 giant faces double City broker downgrade
Two major financial analysts have lowered their revenue and earnings projections for a leading FTSE 100 company following its recent underwhelming financial performance.
Read Full Article →AI needs better human data, not bigger models
Inadequate data quality and lack of expert human oversight in AI development can lead to increased operational costs, reduced trust, and significant financial losses across industr...
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