OpenAI Hustles to Beat Google to Launch ‘Multimodal’ LLM Read more

Briefing

HSBC to Buy Silicon Valley Bank’s U.K. Subsidiary

By
Shai Oster
· · Source: The Information

HSBC will acquire the British unit of Silicon Valley Bank for 1 pound, the Bank of England said in a statement Monday . “This action has been taken to stabilize SVBUK, ensuring the continuity of banking services, minimizing disruption to the UK technology sector and supporting confidence in the financial system,” the central bank said in a statement. The move to acquire the assets in the...

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