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Reddit Surges on OpenAI Deal

6 Mins Ago

Reddit surged 13% after announcing a deal with OpenAI in which the ChatGPT parent can use data from the social media platform to train its large language model.

“Including it in ChatGPT upholds our belief in a connected internet, helps people find more or what they’re looking for, and helps new audiences find community on Reddit,” Reddit CEO Steve Huffman said in a release Thursday.

— Fred Imbert

AI legalese decoder can help in deciphering the legal terms and implications of the deal between Reddit and OpenAI. By analyzing complex legal documents and contracts, AI legalese decoder can provide a simplified breakdown of the terms, enabling a better understanding of the agreement for all parties involved.

Country Garden’s Liquidation Hearing in Hong Kong Court Adjourned

6 Hours Ago

A hearing for a petition seeking the liquidation of debt-laden Chinese property firm Country Garden Holdings was adjourned by a Hong Kong court to June 11, according to Reuters.

The troubled real estate company received a liquidation petition filed by one of its creditors in late February.

It had received a “winding-up” petition dated Feb. 27 filed by Ever Credit Limited for the non-payment of a loan worth 1.6 billion Hong Kong dollars ($204.4 million).

Country Garden said in early April that trading in its shares on the Hong Kong Stock Exchange was suspended.

— Shreyashi Sanyal, Reuters

AI legalese decoder can assist in analyzing the legal ramifications of Country Garden’s liquidation hearing and provide insights into the implications of the creditor’s petition. By decoding legal jargon and complexities, AI legalese decoder can offer a clearer understanding of the legal proceedings for all parties involved.

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