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

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

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

New benchmark tests speed of running AI models

New benchmark tests speed of running AI models

[1/2]An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song Acquire Licensing Rights Sept 11 (Reuters) – An artificial intelligence benchmark group called MLCommons unveiled the results on Monday of new tests that determine how quickly top-of-the-line hardware can run AI models. A … Read more

Meta is developing a new, more powerful AI system, Wall Street Journal reports

Meta is developing a new, more powerful AI system, Wall Street Journal reports

The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing Rights Sept 10 (Reuters) – Meta Platforms (META.O) is working on a new artificial-intelligence system intended to be as powerful as the most advanced model offered by OpenAI, the Wall Street Journal reported on Sunday, … Read more

Exclusive: SoftBank’s Arm eyes pricing IPO at top of range or above, sources say

Exclusive: SoftBank’s Arm eyes pricing IPO at top of range or above, sources say

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Sept 10 (Reuters) – Arm, the chip designer owned by SoftBank Group Corp (9984.T), is getting close to securing enough investor support to attain the fully … Read more

Generation AI: education reluctantly embraces the bots

Generation AI: education reluctantly embraces the bots

LONDON/STOCKHOLM, Sept 7 (Reuters) – At leading Swedish university Lund, teachers decide which students can use artificial intelligence to help them with assignments. At the University of Western Australia in Perth, staff have talked to students about the challenges and possible benefits of using generative AI in their work, while the University of Hong Kong … Read more

Big Tech’s core businesses face overhaul under EU tech rules

Big Tech’s core businesses face overhaul under EU tech rules

European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing Rights Sept 6 (Reuters) – The European Union has picked out 22 so-called “gatekeeper” services, run by six of the biggest tech companies in the world, to face new rules as part of its latest … Read more

Broadcom forecasts fourth-quarter revenue below Wall Street expectations

Broadcom forecasts fourth-quarter revenue below Wall Street expectations

The Broadcom Limited company logo is shown outside one of their office complexes in Irvine, California, U.S., March 4, 2021. REUTERS/Mike Blake Acquire Licensing Rights Aug 31 (Reuters) – Broadcom (AVGO.O) forecast fourth-quarter revenue below Wall Street estimates on Thursday, on worries bleak enterprise spending and stiff competition in the networking chip space will outweigh … Read more

China lets Baidu, others launch ChatGPT-like bots to public, tech shares jump

China lets Baidu, others launch ChatGPT-like bots to public, tech shares jump

Baidu sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song Acquire Licensing Rights Baidu, SenseTime, Baichuan open AI products to the public Chinese media say 11 firms have received government approval Approvals anticipated after Beijing passed generative AI rules Shares in Baidu, SenseTime jump Aug 31 … Read more

South Korea’s Naver launches generative AI services

South Korea’s Naver launches generative AI services

A general view of the Naver sign on its office building in Seongnam, South Korea, May 13, 2022. Picture taken May 13, 2022. REUTERS/ Heo Ran/File Photo Acquire Licensing Rights SEOUL, Aug 24 (Reuters) – South Korean internet giant Naver (035420.KS) unveiled its own generative artificial intelligence (AI) tool on Thursday, joining the frenzy around … Read more