US lawmakers unveil bill to make it easier to restrict exports of AI models
WASHINGTON (Reuters) - A bipartisan group of lawmakers unveiled a bill late Wednesday that would make it easier for the Biden administration to impose export controls on AI models, in a bid to safeguard the prized U.S. technology against foreign ba...
May 10, 2024
US set to impose tariffs on China EVs and other strategic sectors, Bloomberg reports
(Reuters) -The Biden administration is set to announce new China tariffs next week that target strategic sectors including electric vehicles, batteries and solar equipment, Bloomberg News reported on Thursday. The full announcement, scheduled for Tues...
May 10, 2024
Australia targets social media with parliamentary probe
By Renju Jose SYDNEY (Reuters) - Australia announced on Friday that it would hold a parliamentary inquiry to look into the negative impacts of social media platforms, saying they have significant reach and control over what Australians see online, ...
May 10, 2024
OpenAI plans to announce Google search competitor on Monday, sources say
By Anna Tong (Reuters) - OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date,...
May 09, 2024
Gen Digital beats quarterly revenue estimates
(Reuters) - Cybersecurity firm Gen Digital beat Wall Street's fourth-quarter revenue estimate on Thursday, as customers spend more on cybersecurity networking solutions to combat sophisticated online threats. Demand for Gen Digital's cybersecurity ...
May 09, 2024
Exclusive-Chinese EV maker Zeekr prices US IPO at top of range to raise $441 million, source says
By Echo Wang NEW YORK (Reuters) - Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range on Thursday, raising $441 million, a person familiar with the matter said....
May 09, 2024
Explainer-What risks do advanced AI models pose in the wrong hands?
WASHINGTON (Reuters) - The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China and Russia with preliminary plans to place guardrails around the most advanced AI models, Reuters reported on Wednesday. ...
May 09, 2024
TikTok to label AI-generated images, video from OpenAI and elsewhere
By Stephen Nellis (Reuters) - TikTok said on Thursday it would start using a technology aimed at helping it label images and video generated by artificial intelligence and uploaded to the video sharing service. TikTok said it would adopt "Content C...
May 09, 2024
Arm shares fall as tepid forecast takes shine off AI optimism
(Reuters) - Shares of Arm Holdings fell 8% in premarket trading on Thursday as the chip designer's downbeat annual revenue forecast cooled some of the enthusiasm around the stock following its AI-powered jump in recent months. Bets that Arm will be...
May 09, 2024
Canada fines Binance $4.38 million for money laundering violations
(Reuters) - Canada's anti-money laundering agency on Thursday said it had imposed a nearly C$6 million ($4.38 million) fine on cryptocurrency exchange Binance for violating the money laundering and terrorist financing laws. The Financial Transactio...
May 09, 2024