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Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off

The Euro sculpture near the Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Commerzbank is taking the precautionary move ahead of its engagement with UniCredit SpA, according to people familiar with the matter. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images European banking leaders are hoping for further deal-making activity …

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Donald Trump rescinds Biden-era executive order on AI safety

In his executive actions on day one of his presidency, Donald Trump rescinded an executive order Joe Biden signed in 2023 to establish safety guidelines for generative AI. The Biden-era order required developers of large AI models like OpenAI‘s GPT lineup to share the results of safety tests with the US government. It also directed the National Institute of Standards and …

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