By Greg Bensinger (Reuters) -OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10 equal grants from a fund of $1 million for experiments in democratic processes to determine how AI software should be governed to address bias and other factors. The $100,000 grants will go to recipients who…
By Karen Freifeld WASHINGTON (Reuters) – A top U.S. lawmaker on Thursday asked for more detail on the Biden administration’s proposed executive order on U.S. investments in China, questioning whether the planned restrictions would be effective. Republican U.S. Representative Patrick McHenry, chair of the House of Representatives Committee on Financial Services, sent a letter to…
(Reuters) -Nvidia Corp on Thursday was set to break Tesla Inc’s streak of being the most traded stock by retail traders in every session since Nov. 4, according to J.P. Morgan data. Shares of Nvidia jumped 27%, approaching a $1 trillion market value, after the U.S. chip designer projected quarterly revenue more than 50% above…
By Diane Bartz WASHINGTON (Reuters) -Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content. In a speech in Washington aimed at addressing the issue of how best to regulate AI, which went from wonky to widespread with the arrival of OpenAI’s ChatGPT, Smith…
SAO PAULO (Reuters) – Brazilian financial technology firm PagSeguro Digital on Thursday posted a better-than-expected 6% increase in its first-quarter profit, which the company said was boosted by payment processing revenue. The New York listed-firm posted net profits of 370 million reais ($73.95 million), while analysts surveyed by Refinitv expected profits of 344 million reais….
(Reuters) – AT&T Inc’s DirecTV on Thursday announced a multi-year deal to broadcast the Sunday Ticket package of National Football League (NFL) games for commercial locations including bars, restaurants and casinos in the United States. The satellite television provider, which had the rights to Sunday Ticket until the end of the 2022 season, said the…
SHANGHAI/BEIJING (Reuters) -Great Wall Motor has filed a report with China’s regulators against BYD, it said on Thursday, claiming its rival’s two top-selling hybrid models did not meet emissions standards and triggering a rare public spat. BYD rejected the claim, saying its vehicles met China’s emission standards and that it reserved the right to take…
By Josh Ye HONG KONG (Reuters) -Social media platform TikTok said on Thursday it is in the early stages of exploring a chatbot called “Tako” that can converse with users about short videos and help them discover content, and is conducting tests with select users in the Philippines. OpenAI, backed by Microsoft Corp, last year…
By Tim Hepher LISBON (Reuters) – Brazilian aircraft manufacturer Embraer voiced “full support” for Pratt & Whitney as it battles durability problems on recent jet engines, but blamed a separate tussle with engine makers for the suspension of a new turboprop plane project. Chief Executive Francisco Gomes Neto told reporters that Raytheon Technologies unit Pratt…
By Raphael Satter and James Pearson (Reuters) – Its name is redolent of an exotic electrical storm. But is the freshly christened hacking group “Volt Typhoon” an imminent danger to American infrastructure, or just a new crop of digital spies playing an old game? Here is what is known about the group and its potential…
