(Reuters) – Microsoft Corp on Tuesday unveiled a juiced-up version of its Bing search engine and Edge Web browser, powered by an upgraded version of ChatGPT’s underlying technology. The launch is limited to a “desktop limited preview” available on Tuesday. Users will need to go to this link and sign in to a Microsoft account…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Fed Chair Jerome Powell has spoken and luckily for bulls and bears, there was something for everyone, so where Asian markets go on Wednesday is something a coin flip. With an expected interest rate rise in India taking…
By Ankit Kumar (Reuters) -DuPont de Nemours Inc on Tuesday projected results to improve in the second half of the year from steadying consumer electronics demand, normalized inventory levels at customers and China’s reopening. Shares jumped 7% to $77.36 after the company also said it was in talks to settle a lawsuit over toxic “forever…
(Reuters) – Wells Fargo & Co agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it had pushed unnecessary insurance on auto loan customers, according to documents filed in U.S. court on Tuesday. The Construction Laborers Pension Trust for Southern California, which led the class action brought on behalf…
By Jeffrey Dastin REDMOND, Wash. (Reuters) – Microsoft Corp is revamping its Bing search engine and Edge web browser with artificial intelligence, the company said on Tuesday, in one of its biggest efforts yet to lead a new wave of technology and reshape how people gather information. Microsoft is staking its future on AI through…
(Reuters) -Zoom Video Communications will lay off 15% of its workforce, or about 1,300 jobs, Chief Executive Officer Eric Yuan said in blog post on Tuesday, sending the company’s shares up 7%. Yuan also said that he will take a salary cut of 98% for the coming fiscal year, foregoing his fiscal 2023 corporate bonus….
By Medha Singh (Reuters) -Retail investors are piling into small-cap firms that are into building artificial intelligence tools amid intensifying competition between Google-parent Alphabet and Microsoft to secure leadership in the next big driver of growth. The viral success of ChatGPT has turned the spotlight on AI on Wall Street, reminiscent of the blockchain hype…
By Christian Kraemer and David Lawder WASHINGTON (Reuters) -France and Germany’s economy ministers said they would push for the U.S. Inflation Reduction Act to embrace European companies as fully as possible as they headed into talks with their Washington counterparts on Tuesday. The pair are in the United States to convey growing discontent in Europe’s…
BEIJING (Reuters) -China’s Baidu Inc said on Tuesday it would complete internal testing of a ChatGPT-style project called “Ernie Bot” in March, as interest in generative artificial intelligence (AI) gathers steam. The search engine giant’s Hong Kong-listed shares closed up 15.3% on Tuesday, while its U.S shares climbed 11.2% in morning trade. A flurry of…
(Corrects time in paragraph 2 to 1740 GMT, not 0540 GMT) (Reuters) -U.S. stock index futures edged higher on Tuesday, ahead of a speech by Federal Reserve Chair Jerome Powell later in the day that will be parsed for further clues on how long the central bank will keep interest rates higher. Powell’s speech, due…
