From Mad Men to machines? Big advertisers shift to AI

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

PayPal to halt UK crypto sales until 2024

PayPal to halt UK crypto sales until 2024

The PayPal logo is seen at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights LONDON, Aug 16 (Reuters) – Payments giant PayPal (PYPL.O) will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions. Britain’s … Read more

ChatGPT fever spreads to US workplace, sounding alarm for some

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

News firms seek transparency, collective negotiation over content use by AI makers – letter

News firms seek transparency, collective negotiation over content use by AI makers – letter

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration Aug 9 (Reuters) – A group of the world’s biggest news media organizations called for revised regulations on the use of copyrighted material by makers of artificial intelligence technology, according to an open letter published on Wednesday. … Read more

US Fed clarifies process for banks to transact in stablecoins

US Fed clarifies process for banks to transact in stablecoins

The U.S. Federal Reserve building in Washington, D.C./File Photo Aug 8 (Reuters) – State banks that are a member of the U.S. Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used to facilitate payments, such as stablecoins, the central bank said in a … Read more

Meta prepares AI-powered chatbots in attempt to retain users – FT

Meta prepares AI-powered chatbots in attempt to retain users – FT

Aug 1 (Reuters) – Meta Platforms (META.O) is preparing to launch a range of artificial intelligence (AI) powered chatbots that exhibit different personalities as soon as September, the Financial Times reported on Tuesday. Meta has been designing prototypes for chatbots that can have humanlike discussions with its users, as the company attempts to boost its … Read more

Terraform Labs must face US SEC fraud allegations, judge rules

Terraform Labs must face US SEC fraud allegations, judge rules

NEW YORK, July 31 (Reuters) – Terraform Labs and its founder Do Kwon must face fraud allegations brought by the U.S. Securities and Exchange Commission, a federal judge in Manhattan ruled on Monday. Kwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year. U.S. District Judge Jed … Read more

Mediobanca s’associe à UK Founders Factory dans une poussée fintech

Mediobanca s’associe à UK Founders Factory dans une poussée fintech

MILAN, 24 juillet (Reuters) – Mediobanca (MDBI.MI) s’associera à Founders Factory, basé à Londres, un investisseur en démarrage dans de nouvelles entreprises, pour promouvoir les startups fintech, ont déclaré les deux sociétés, alors que la banque italienne s’efforce d’accroître sa présence internationale et technologique. Mediobanca investira 12 millions d’euros (13 millions de dollars) dans une … Read more