Australia says tougher laws needed on artificial intelligence

SYDNEY (Reuters) – Australia said on Thursday it planned to regulate artificial intelligence (AI) including a potential ban on deep fakes and realistic-looking but false content, amid concerns the technology could be misused. The move comes on the heels of a meeting of top AI executives earlier this week when they raised the “risk of…

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Digital doubles, fake trailers: AI worries Hollywood actors before labor talks

By Lisa Richwine LOS ANGELES (Reuters) – A search for Wes Anderson on YouTube turns up trailers that the famed director with a distinctive style appears to have made for adaptations of “Star Wars,” “Harry Potter” and “The Lord of the Rings” featuring Bill Murray, Scarlett Johansson and other stars. Artificial intelligence allowed people with…

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Boeing delays debut crewed Starliner spaceflight over new issues

By Joey Roulette WASHINGTON (Reuters) -Boeing Co will stand down from late preparations for its first crewed Starliner test flight to space that was planned for July after it discovered two safety-critical issues with the spacecraft, a company official said on Thursday. Boeing found flammable tape material and issues with the spacecraft’s parachute lines during…

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Broadcom forecasts third-quarter revenue above estimates on AI boost

By Tiyashi Datta (Reuters) – Broadcom Inc forecast third-quarter revenue above market estimates on Thursday, as it benefits from massive corporate investments in AI-related technologies. The viral success of ChatGPT has sparked a surge in orders for chips that underpin the technology at big data centers, driving a rally in shares of semiconductor companies that…

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Dell’s quarterly profit drops less than feared on cost cuts

By Tiyashi Datta and Pratyush Thakur (Reuters) -Better cost controls helped Dell Technologies Inc beat estimates for first-quarter profit on Thursday, a positive sign for personal computer makers after months of cratering demand. The results contrasted rivals HP Inc and Lenovo Group, but a full recovery remains some ways off as Dell forecast current-quarter revenue…

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LatAm property tech unicorn Tuhabi lands $50 million credit line from development bank

By Kylie Madry MEXICO CITY (Reuters) – Latin American property technology startup Tuhabi is set to receive a $50 million credit line from the Inter-American Development Bank’s (IDB) financing arm, which it will use to ramp up operations in Mexico, the company said Thursday. The funds for the so-called unicorn, a startup with a valuation…

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Microsoft inks computing infra deal with CoreWeave – CNBC

(Reuters) – Microsoft Corp may spend billions of dollars over multiple years on computing infrastructure from start-up CoreWeave, CNBC reported on Thursday, citing people familiar with the matter. The Windows maker had signed the CoreWeave deal earlier this year in order to ensure that OpenAI, which operates the viral ChatGPT chatbot, will have adequate computing…

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GQG adds more Nvidia as chipmaker has a ‘new leg’, says CIO

By Carolina Mandl NEW YORK (Reuters) -A big buyer of Nvidia Corp’s shares in the first quarter, Australia-listed investment firm GQG Partners, said it has continued to increase its exposure to the company since then as the chipmaker is likely to benefit from a cycle of investment in artificial intelligence. Fort Lauderdale, Florida-based GQG, which…

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