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
(1/3) The logo of insurer Allianz SE is seen on the company’s building in Puteaux, in the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau /File Photo Lloyd’s of London is the latest of the six to leave NZIA UN group warns ‘political attacks’ hurt insurers … Read more
Global stocks head for weekly loss Japan’s Nikkei aim for seven consecutive winning weeks Treasuries rally on hopes of US debt ceiling deal PCE inflation data in the United States before the start of Wall Street LONDON, May 26 (Reuters) – Global stock markets were silent on Friday, with investors holding their breath as the … Read more
May 25 (Reuters) – Neuralink, Elon Musk’s brain implant company, said on Thursday that the U.S. Food and Drug Administration (FDA) had given the green light to its first human clinical trial, a critical step after earlier difficulties in obtaining approval. The FDA approval “represents an important first step that will one day allow our … Read more
(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
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
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
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
(1/2) A shopping cart is seen at a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. REUTERS/Brendan McDermid NEW YORK, May 23 (Reuters) – (This May 23 story has been edited to correct spelling of Carnell’s first name to Erik, from Eric, in paragraph 8) Target, which launched its Pride … Read more
(1/5) The 76th Cannes Film Festival – Screening of the film ‘Asteroid City’ in competition – Red Carpet Arrivals – Cannes, France, May 23, 2023. Director Wes Anderson and cast members Matt Dillon, Scarlett Johansson, Jason Schwartzman, Tom Hanks, Jeffrey Wright and Damien Bonnard pose. REUTERS/Sarah… Learn more CANNES, May 23 (Reuters) – A busload … Read more
