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Smartphone giants like Samsung are going to talk up ‘AI phones’ this year — here’s what that means

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  Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Artificial intelligence phones: these are the buzzwords you’ll likely hear this year, as smartphone players look to jump on the AI hype to boost sales of their devices after a difficult stretch of time. OpenAI’s ChatGPT, released in late 2022, sparked huge interest in generative AI, specifically — models trained on huge amounts of data that are able to produce text, images and prompts from user videos. Since then, AI excitement has touched every industry and entered the popular imagination. Smartphone makers see a chance to cash in and are going to be touting the tech at the Mobile World Congress (MWC), the biggest mobile i...
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A change to this one clause could be the most important part of the Fed meeting

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  U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., on Dec. 13, 2023. Liu Jie | Xinhua News Agency | Getty Images Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small piece of wording that could unlock the future of monetary policy. In its post-meeting statement, the central bank is expected give an important hint about interest rate moves to come by removing a clause from previous statements that reads: “In determining the extent of any additional policy firming that may be appropriate to return inflation to 2 percent over time,” followed by an outlining of conditions it assesses. For the past year-plus, the wording has underlined the Fed’s willingness to keep raising interest rates until it reaches its inflation goal. Remove that clause and it opens the door to potential rate cuts ahead; keep it and policymakers will be sending a signal that they’re not sure what’s to come. The d...
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Trump will quit NATO, Hillary Clinton says, as anxiety mounts over U.S. commitment to the alliance

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  Former U.S. President and current GOP Presidential candidate Donald Trump addresses the press at Mar-a-Lago on February 16, 2024, in West Palm Beach, Florida. Joe Raedle | Getty Images News | Getty Images MUNICH, Germany — NATO members on Saturday weighed the U.S.′ possible withdrawal from the military alliance if Donald Trump returns to the White House, with Hillary Clinton saying he would waste no time in quitting if re-elected. Clinton urged delegates at the Munich Security Conference to take her one-time presidential rival’s tough talk “literally and seriously” as anxiety mounts over the future of the U.S.-led pact. “He will pull us out of NATO,” Clinton told attendees during a lunchtime session. Trump stoked fresh concerns over the U.S.′ commitment to NATO last weekend when he said he would  “encourage”  Russia to attack any member that doesn’t meet its spending targets. He has long criticized the alliance’s failure to ensure members make good on their obligation t...
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