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News
Ken Griffin’s Citadel sheds over $4 billion of Situational Awareness’ bets
3+ week, 2+ day ago (316+ words) By Anirban Sen and Arasu Kannagi Basil Aug 21 (Reuters) – Billionaire investor Ken Griffin’s Citadel has shed more than 80%, or $4 billion of bets, from the original portfolio of Leopold Aschenbrenner’s Situational Awareness that it recently purchased, according to a letter to…...
Morning Bid: Who will police the bond vigilantes?
1+ week, 5+ day ago (404+ words) A look at the day ahead in European and global markets from Gregor Stuart Hunter Bond yields are hitting new milestones as fighting resumes between the U.S. and Iran and oil prices surge, sending Brent crude above $95 and the yield on…...
Nvidia CEO urges G20 to avoid AI rules on ‘theoretical’ harms
1+ week, 4+ day ago (216+ words) By Courtney Rozen and JC Whittington CHAPEL HILL, North Carolina, Sept 2 (Reuters) – Nvidia CEO Jensen Huang pressed G20 countries on Wednesday to avoid writing regulations for AI that focus on “theoretical harms,” and instead develop rules governing real-world problems connected to…...
At Jackson Hole, global central bankers glimpse dystopian AI future
1+ week, 6+ day ago (742+ words) JACKSON HOLE, Wyoming, Aug 31 (Reuters) – Imagine a world where AI-powered trading is so prevalent, fast and effective that the Federal Reserve must give two news conferences, one for humans and another for machines, to avoid humans being completely shut out…...
Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks shares
3+ week, 5+ day ago (329+ words) Aug 18 (Reuters) – Baidu CEO Robin Li vowed on Tuesday to bring the company’s Ernie large language model back to the frontier of AI, after the Chinese tech company posted quarterly revenue that missed Wall Street estimates. “In a market like…...
Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filings
4+ week, 2+ day ago (866+ words) By Suzanne McGee, Akash Sriram and Anirban Sen PROVIDENCE, Rhode Island, Aug 14 (Reuters) – Institutional investors pulled back slightly from key stock market segments such as semiconductors, AI infrastructure and megacap technology companies during the second quarter, with few big bets…...
EU antitrust regulators quiz publishers on Google???s AI search opt-out
1+ week, 5+ day ago (254+ words) BRUSSELS, Sept 1 (Reuters) – EU antitrust regulators are seeking feedback from publishers on Google’s proposal to let them opt out of AI search without affecting their rankings in search results, a questionnaire seen by Reuters showed. The publishers’ feedback could determine…...
Berkshire CEO Abel says AI to help power growth
1+ week, 4+ day ago (600+ words) NEW YORK, Sept 2 (Reuters) – Berkshire Hathaway CEO Greg Abel said on Wednesday he sees significant opportunities for the conglomerate from the buildout of AI data centers, after Berkshire made Alphabet its third-largest common stock holding. Abel separately said American consumers…...
Anthropic disrupts Russian, Chinese AI campaigns targeting its Claude models
3+ day, 12+ hour ago (368+ words) Sept 10 (Reuters) – Anthropic on Thursday said it had disrupted several alleged malicious uses of its Claude models over the past eight months, including a suspected Russia-linked cyber espionage campaign and efforts by Chinese AI firms it accused of trying to…...
Trump says ‘very negative forces’ raising exaggerated concerns over AI
18+ hour, 9+ min ago (307+ words) By Bo Erickson and Padraic Halpin DOONBEG, Ireland, Sept 13 (Reuters) – U.S. President Donald Trump said on Sunday a lot of “very negative forces” are bringing things up about AI that won’t happen and said that he wanted to make sure…...