US lawmaker urges labelling, restrictions on AI content

WASHINGTON (Reuters) – U.S. Senator Michael Bennet, a Democrat who is active in artificial-intelligence issues, wrote to leading tech firms on Thursday to urge them to label AI-generated content and limit the spread of material aimed at misleading users. In the letter to the chief executives of OpenAI, which released ChatGPT, and its partner Microsoft…

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US bank stocks rise as lenders shrug off turmoil to ace Fed health checks

By Manya Saini and Chibuike Oguh (Reuters) – U.S. bank stocks rose on Thursday after the Federal Reserve’s annual health checks showed lenders could weather an economic slump, easing investor fears after Silicon Valley Bank and two other lenders failed this year. But analysts remained skeptical the strong performance would lead to bigger dividends and…

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Exclusive-US, Dutch set to hit China’s chipmakers with one-two punch

By Karen Freifeld (Reuters) -The United States and the Netherlands are set to deliver a one-two punch to China’s chipmakers this summer by further restricting sales of chipmaking equipment, part of the countries’ ongoing effort to prevent their technology from being used to strengthen China’s military. While the Dutch are planning to curb certain equipment…

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