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Exclusive: Biden eyes adding AI chip curbs to Chinese companies abroad

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Exclusive: Biden eyes adding AI chip curbs to Chinese companies abroad

Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights Oct 12 (Reuters) – The Biden administration is considering closing a loophole that gives Chinese companies access to American artificial intelligence (AI) chips through units located overseas, according to four people familiar … Read more

Wall St gains as investors digest economic data, Treasury yields steady

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Wall St gains as investors digest economic data, Treasury yields steady

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Investors eye Washington as shutdown looms Weekly jobless claims edge higher Micron slides after dour forecast Indexes up: Dow 0.21%, S&P 0.51%, Nasdaq 0.77% Sept 28 (Reuters) – Wall … Read more

IT services firm Kyndryl plans to separate China business – FT

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IT services firm Kyndryl plans to separate China business – FT

Sept 27 (Reuters) – U.S.-based IT services provider Kyndryl Holdings (KD.N) is planning to separate its China business and has told some employees about the decision, the Financial Times reported on Wednesday, citing three people with knowledge of the matter. The firm has, however, not laid out details of when the split would take effect … Read more

India-Canada relations: how could trade be affected as tensions rise? 

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India-Canada relations: how could trade be affected as tensions rise? 

A mural features the image of late Sikh leader Hardeep Singh Nijjar, who was slain on the grounds of the Guru Nanak Sikh Gurdwara temple in June 2023, in Surrey, British Columbia, Canada September 18, 2023. REUTERS/Chris Helgren Acquire Licensing Rights NEW DELHI, Sept 19 (Reuters) – Trade talks between India and Canada have taken … Read more

Musk says AI ‘referee’ needed after meeting with US lawmakers

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Musk says AI ‘referee’ needed after meeting with US lawmakers

WASHINGTON, Sept 13 (Reuters) – American technology leaders including Tesla (TSLA.O) CEO Elon Musk, Meta Platforms (META.O) CEO Mark Zuckerberg and Alphabet (GOOGL.O) CEO Sundar Pichai met with lawmakers at Capitol Hill on Wednesday for a closed-door forum that focused on regulating artificial intelligence. Lawmakers are grappling with how to mitigate the dangers of the … Read more

For retail investors, jumping on Arm’s blockbuster IPO is a risky business

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For retail investors, jumping on Arm’s blockbuster IPO is a risky business

Sept 11 (Reuters) – Retail traders getting their first bite at Arm Holdings’ highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings. Arm’s goal of raising around $5 billion in New York in what might be the biggest … Read more

SoftBank’s Arm IPO six times oversubscribed -sources

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SoftBank’s Arm IPO six times oversubscribed -sources

The Arm Ltd logo and a rising stock graph are seen in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights NEW YORK, Sept 8 (Reuters) – Arm Holdings Plc, the chip designer owned by SoftBank Group Corp (9984.T) that is seeking roughly $5 billion in its stock market debut, has seen investor … Read more

From Mad Men to machines? Big advertisers shift to AI

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From Mad Men to machines? Big advertisers shift to AI

LONDON, Aug 18 (Reuters) – Some of the world’s biggest advertisers, from food giant Nestle (NESN.S) to consumer goods multinational Unilever (ULVR.L), are experimenting with using generative AI software like ChatGPT and DALL-E to cut costs and increase productivity, executives say. But many companies remain wary of security and copyright risks as well as the … Read more

ChatGPT fever spreads to US workplace, sounding alarm for some

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ChatGPT fever spreads to US workplace, sounding alarm for some

LONDON/WASHINGTON, Aug 11 (Reuters) – Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fears that have led employers such as Microsoft and Google to curb its use. Companies worldwide are considering how to best make use of ChatGPT, a chatbot programme that uses generative … Read more