Chinese AI firm SenseTime refutes short-seller report allegations

Chinese AI firm SenseTime refutes short-seller report allegations

Nov 28 (Reuters) – Chinese artificial intelligence software developer SenseTime Group (0020.HK) said on Tuesday that a short-seller report by Grizzly Research LLC is ‘without merit’ and will review the allegations against the company. Earlier on Tuesday, the short-seller’s report alleged the AI firm was artificially inflating revenue through revenue fabrication schemes. Shares of the … Read more

Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

[1/2]Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. REUTERS/Julia Nikhinson/File Photo Acquire Licensing Rights Nov 22 (Reuters) – Ahead of OpenAI CEO Sam Altman’s four … Read more

Exclusive: Germany, France and Italy reach agreement on future AI regulation

Exclusive: Germany, France and Italy reach agreement on future AI regulation

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights No sanctions should be imposed, joint paper says Commitments would involve large and small providers European authority would monitor compliance BERLIN, Nov 18 (Reuters) – France, Germany and Italy have reached an agreement … Read more

Ousted OpenAI CEO Altman planning new AI venture, sources say

Ousted OpenAI CEO Altman planning new AI venture, sources say

Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing Rights Nov 18 (Reuters) – Sam Altman, the recently ousted CEO of OpenAI, has been working on a new artificial intelligence venture he is planning to … Read more

Tencent says has Nvidia AI chip stockpile but seeking to buy domestic

Tencent says has Nvidia AI chip stockpile but seeking to buy domestic

[1/2]Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File photo Acquire Licensing Rights HONG KONG, Nov 15 (Reuters) – Chinese technology giant Tencent Holdings (0700.HK) on Wednesday said it has a large stockpile of AI chips from U.S. maker Nvidia (NVDA.O), but that broadened U.S. … Read more

Goldman Sachs developing dozen generative AI projects -exec

Goldman Sachs developing dozen generative AI projects -exec

[1/4]George Lee, co-head of the office of applied innovation for Goldman Sachs, speaks during the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights NEW YORK, Nov 9 (Reuters) – Goldman Sachs (GS.N) is working on a dozen projects which will incorporate generative artificial intelligence into … Read more

EU AI Act to serve as blueprint for global rules, Benifei says

EU AI Act to serve as blueprint for global rules, Benifei says

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 8 (Reuters) – European Union lawmaker Brando Benifei, one of the architects of the bloc’s artificial intelligence rules, said on Wednesday that he expects the EU AI Act will serve as a … Read more

Musk’s xAI set to launch first AI model to select group

Musk’s xAI set to launch first AI model to select group

Tesla and SpaceX’s CEO Elon Musk pauses during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain, Thursday, Nov. 2, 2023. Kirsty Wigglesworth/Pool via REUTERS Acquire Licensing Rights Nov 3 (Reuters) – Elon Musk’s artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire … Read more

As Google pushes deeper into AI, publishers see fresh challenges

As Google pushes deeper into AI, publishers see fresh challenges

NEW YORK, Oct 19 (Reuters) – You may never have to read another news story in your life, if you have artificial intelligence that can digest all the web’s information and serve up a summary on demand. That’s the stuff of nightmares for media barons as Google (GOOGL.O) and others experiment with what’s called generative … Read more

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

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