Russia’s ruble has plunged amid fresh sanctions as wartime economy strains – National

Russia’s ruble has fallen to its lowest level against the U.S. dollar since the beginning of its full-scale invasion of Ukraine, a potential result of new U.S. sanctions and the latest sign of a struggling wartime economy. Russia’s central bank said on Wednesday it would stop foreign currency purchases for the rest of the year … Read more

Alibaba releases an ‘open’ challenger to OpenAI’s o1 reasoning model

A new “reasoning” AI model, QwQ-32B-Preview, has arrived on the scene. It’s one of the few to rival OpenAI’s o1, and it’s the first available to download under a permissive license. Developed by Alibaba’s Qwen team, QwQ-32B-Preview, which contains 32.5 billion parameters and can consider prompts up ~32,000 words in length, performs better on certain … Read more

Two historic London food markets to shutter

Check out what’s clicking on FoxBusiness.com. A pair of historic wholesale meat and fish markets in London will permanently close in the coming years. The Smithfield Market and Billingsgate Market will remain open for meat and fish sales, respectively, until “at least 2028” but will ultimately close their doors, the City of London Corporation said. … Read more