Reuters exclusively reported that France, Germany and Italy have reached an agreement on how artificial intelligence should be regulated. The post Germany, France and Italy reach agreement on future AI regulation appeared first on Reuters News Agency.
Reuters was first to report that Barclays (BARC.L) is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank’s back office. The post Barclays working on $1.25 bln cost plan, could cut up to 2,000 jobs appeared first on Reuters […]
Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a few companies and big players leveraging their dominance […]
Reuters was first to report that as EV makers in China wage an intense price war to prop up slowing demand, Chinese brands with strong hybrid lineups are emerging as winners, attracting consumers with vehicles with long range that can cost less than gasoline cars. The post Hybrid vehicle sales surge in China, posing fresh […]
Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer to liquidation. The deadline to submit takeover bids ends on […]
Reuters exclusively reported that a German court ruling that forced Berlin to freeze 60 billion euros ($65 billion) in planned green investment spending could have a negative impact on growth in Europe’s biggest economy. The post German court ruling could hit growth next year appeared first on Reuters News Agency.
Reuters was first to report that Nvidia (NVDA.O) has told customers in China it is delaying the launch of a new artificial intelligence chip it designed to comply with U.S. export rules until the first quarter of next year. The post Nvidia delays launch of new China-focused AI chip appeared first on Reuters News Agency.
Reuters exclusively reported a key development ahead of OpenAI CEO Sam Altman’s abrupt firing involving a key AI breakthrough. The news of researchers writing a letter the board of directors warning of the development that could be a step closer to Artificial General Intelligence that mimics the human brain amid fears of commercializing products before […]
Reuters was first to report that Venezuela is close to approving a license for Shell (SHEL.L) and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country. The post Venezuela close to approving offshore gas license with Trinidad, Shell appeared first […]