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Picasso masterpiece begins pre-auction tour in Dubai
Picasso masterpiece begins pre-auction tour in Dubai
by  AFP

A Pablo Picasso masterpiece expected to fetch at least $120 million at auction went on show Monday in Dubai, kicking off a set of rare viewings outside the United States. Walter, whose daughter with Picasso passed away last year, was also featured in "Femme assise pres d'une fenetre (Marie-Therese)", which sold in 2021 for $103.4 million by Christie's auction house.

'Regulate them': hard-up Indonesia traders urge TikTok sales ban
'Regulate them': hard-up Indonesia traders urge TikTok sales ban
by  AFP

As clothing seller Hendri Tanjung struggles to hawk his tunics to Indonesian buyers outside his market shop, he says customers are turning to cheaper versions on TikTok, pummelling his income. Tanjung said a tunic he sells at 60,000 rupiah ($3.90), can be found for 40,000 rupiah on TikTok Shop, undercutting his business.

Amazon steps up AI race with $4 bn Anthropic investment
Amazon steps up AI race with $4 bn Anthropic investment
by  AFP

Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps into an AI race dominated by Microsoft, Google and OpenAI. The success of OpenAI's ChatGPT, a chatbot released last year that is able to generate poems, essays and other works with just a short prompt, has led to billions being invested in the field.

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