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Wednesday, 4 October 2023

The FTC's lawsuit against Amazon details a company algorithm that raised product prices and held them there if rivals followed, allegedly showing consumer harm (Dana Mattioli/Wall Street Journal)

Dana Mattioli / Wall Street Journal:
The FTC's lawsuit against Amazon details a company algorithm that raised product prices and held them there if rivals followed, allegedly showing consumer harm  —  The strategy, as described in redacted parts of FTC lawsuit, is part of agency's case that Amazon has outsize influence on consumer prices



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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...