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Rubio Said to Weigh Future in Trump Administration

6 days 1 hour ago
Secretary of State Marco Rubio is weighing whether to leave the Trump administration, people familiar with the matter said, as he considers his next moves following Republicans’ midterm elections wipeout this week. Rubio dismissed the report, telling the New York Times in an interview Thursday that he didn’t know where the information was coming from. Bloomberg's Jon Herskovitz has more details. (Source: Bloomberg)

NYC-based Kalepa, whose AI service supports insurance underwriting, pricing, and portfolio management, raised a $75M Series B led by Updata at a $470M valuation (Manya Saini/Reuters)

6 days 1 hour ago

Manya Saini / Reuters:
NYC-based Kalepa, whose AI service supports insurance underwriting, pricing, and portfolio management, raised a $75M Series B led by Updata at a $470M valuation  —  Insurance startup Kalepa said on Thursday it had raised $75 million at a $470 million valuation, as investors bet that AI solutions …

AI Selloff Deepens as Japan, South Korea Tumble

6 days 1 hour ago
The global stock selloff worsened in Asia, with Japan’s benchmark dropping the most in more than a year, on concern the US will tighten regulations on the artificial intelligence industry after Democrats’ decisive election win. Bloomberg's Anthony Stephens has the latest. (Source: Bloomberg)