Reddit has filed a lawsuit against Perplexity AI and three data scraping firms. It’s accusing them of harvesting Reddit content without authorization. The complaint, filed in the U.S. District Court for the Southern District of New York, alleges that the companies collected and resold data from Reddit’s discussion forums through automated tools. It reflects growing tensions between online platforms and artificial intelligence developers.By completing this form, you agree to receive marketing communications ...

AI in Finance - The importance of writing effective prompts for generative AI models is increasingly recognized in the finance sector, with employers valuing this skill [1][2] - Salesforce is training employees not only to use AI agents but also to write precise prompts, emphasizing that this involves writing clear instructions rather than coding [3] - A study indicates that user adaptation of prompts accounts for half of the performance gains from advanced AI models, highlighting the significance of prompt engineering [4] Skills and Training - Critical thinking is essential in finance as professionals interact with both people and AI agents, with a focus on understanding AI frameworks to enhance prototyping and experimentation [5][6] - Organizations are encouraged to foster experimentation and seek candidates with strong prompting skills [7] Corporate Changes - Robert "Bob" R. Foley, CFO of TPG RE Finance Trust, Inc., will retire at the end of the year, transitioning his duties to Brandon Fox, the current chief accounting officer [7] - Jeff White has been appointed CFO and treasurer of Leslie's, Inc., effective October 5, succeeding Tony Iskander [8] Operating Expenses - Combined operating expenses for nonfinancial U.S. companies rated by S&P Global rose to $3.781 trillion in Q2, marking a cyclical increase [9] - Operating expenses typically peak in the fourth quarter, but companies are facing elevated producer prices due to ongoing inflation concerns [10]

Group 1 - CoreWeave signed a $9 billion all-stock deal to acquire Core Scientific, a data center infrastructure provider [1] - The acquisition will provide CoreWeave with over 1 gigawatt of data center capacity, sufficient to power more than 850,000 homes, for AI training and inference workloads [1] - Core Scientific, previously focused on Bitcoin mining, will now utilize its GPUs for running and training generative AI models [1] Group 2 - Cloud infrastructure providers are expanding their data center capacity to meet the growing computational demands of AI companies [2] - OpenAI has entered into a deal to rent an additional 4.5 gigawatts of data center capacity from Oracle, enhancing their existing Stargate infrastructure agreement [2]