ChatGPT maker OpenAI says it has no plans to leave Europe

ChatGPT maker OpenAI says it has no plans to leave Europe

OpenAI CEO rescinds earlier threat to leave Europe Dit had a productive week of AI regulation conversations European lawmakers criticized OpenAI’s threat zone May 26 (Reuters) – OpenAI has no plans to leave Europe, CEO Sam Altman said on Friday, reversing a threat made earlier this week to leave the region if it became too … Read more

OpenAI CEO’s threat to leave the EU draws backlash from lawmakers

OpenAI CEO’s threat to leave the EU draws backlash from lawmakers

(1/4) Sam Altman, CEO of OpenAI, meets with French President Emmanuel Macron (not pictured) at the Elysee Palace in Paris, France, May 23, 2023. President Macron meets Altman, creator of ChatGP, to discuss artificial intelligence issues . YOAN VALAT /Pool via REUTERS/File Photo OpenAI’s Altman warns EU not to over-regulate EU lawmakers dispute Altman’s claim … Read more

Wall Street ends higher as Nvidia triggers AI stock rush

Wall Street ends higher as Nvidia triggers AI stock rush

Nvidia Hits All-Time High on Optimistic Forecast AI heavy gamers, Microsoft, rising alphabet Two rating agencies place US credit on negative watch Closing indices: S&P 500 +0.88%, Nasdaq +1.71%, Dow -0.11% May 25 (Reuters) – Wall Street ended sharply higher on Thursday after an explosive forecast from Nvidia sent shares of the chipmaker soaring and … Read more

AAArrgg! Stocks in debt ceiling danger zone after US rating warning

AAArrgg!  Stocks in debt ceiling danger zone after US rating warning

(1/2) The US Capitol is reflected in a falling puddle amid ongoing negotiations seeking a deal to raise the US debt ceiling and avert a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE, May 25 (Reuters) – Markets were stuck in U.S. debt ceiling limbo on Thursday as Europe largely shrugged … Read more

Nvidia shares soar almost 30% as sales forecasts rise and AI explodes

Nvidia shares soar almost 30% as sales forecasts rise and AI explodes

May 24 (Reuters) – Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street estimates, and said it was increasing supply to meet demand. growing demand for its artificial intelligence chips, which are used for power ChatGPT and many similar services. Shares of Nvidia, the world’s most valuable listed semiconductor company, soared … Read more

Facebook owner Meta begins latest round of layoffs

Facebook owner Meta begins latest round of layoffs

NEW YORK, May 24 (Reuters) – Meta Platforms Inc (META.O) carried out the latest batch of three-part layoffs on Wednesday, according to a person familiar with the matter, as part of a plan announced in March . eliminate 10,000 roles. Meta earlier this year became the first Big Tech company to announce a second round … Read more

US lawmaker seeks action against Chinese chip company CXMT after Micron

US lawmaker seeks action against Chinese chip company CXMT after Micron

(1/2) Committee Chairman U.S. Representative Mike Gallagher (R-WI) listens during a meeting of the House Select Committee on Strategic Competition between the United States and the Chinese Communist Party on “Taiwan Tabletop Exercise (TTX)” , a simulation of war games, on Capitol Hill in Washington, United States, on April 19… Learn more WASHINGTON, May 23 … Read more

Regulators are dusting off rulebooks to tackle generative AI like ChatGPT

Regulators are dusting off rulebooks to tackle generative AI like ChatGPT

Watchdogs race to keep up with massive AI rollout While waiting for new laws, regulators adapt existing ones Generative tools face privacy, copyright and other challenges LONDON/STOCKHOLM, May 22 (Reuters) – As the race to develop more powerful artificial intelligence services such as ChatGPT heats up, some regulators are relying on old laws to control … Read more

China fails Micron’s products in safety review, bans some purchases

China fails Micron’s products in safety review, bans some purchases

(1/2) Memory chip parts from U.S. memory chip maker MicronTechnology are pictured at their stand during an industry fair in Frankfurt, Germany July 14, 2015. REUTERS/Kai Pfaffenbach BEIJING, May 21 (Reuters) – China’s cyberspace regulator said on Sunday that products made by U.S. memory chipmaker Micron Technology Inc (MU.O) had failed its network security review … Read more

How to manage emails on vacation? Find out what these CEOs are up to

How to manage emails on vacation?  Find out what these CEOs are up to

The holidays are a break from the office, but emails follow us everywhere – if we let them. Solar22 | Istock | Getty Images Should you check your emails on vacation or face a tsunami of messages back at work? For workers at war with their inboxes, neither is a great option. This is why … Read more