Tariffs could increase tech prices by up to 70% and reduce GDP by  billion according to CTA report

Tariffs could increase tech prices by up to 70% and reduce GDP by $69 billion according to CTA report

The export tariffs enacted in April are expected to raise retail prices by 11% to 70% across different categories, cut consumer spending by $123 billion annually, and shrink U.S. economic output by $69 billion, according to a report by Trade Partnership Worldwide (TPW), published by the Consumer Technology Association (CTA) on Wednesday. There are a…

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Google DeepMind researchers introduce new benchmark to improve LLM factuality, reduce hallucinations

Google DeepMind researchers introduce new benchmark to improve LLM factuality, reduce hallucinations

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Hallucinations, or factually inaccurate responses, continue to plague large language models (LLMs). Models falter particularly when they are given more complex tasks and when users are looking for specific and highly detailed responses.  It’s a challenge…

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