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News
Nvidia CEO urges G20 to avoid AI rules on ‘theoretical’ harms
1+ week, 3+ 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…...
Ken Griffin’s Citadel sheds over $4 billion of Situational Awareness’ bets
3+ week, 1+ 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…...
Clooney tells Venice festival that AI threatens film and journalism
1+ week, 3+ day ago (426+ words) VENICE, Sept 2 (Reuters) – U.S. actor George Clooney warned on Wednesday that advances in artificial intelligence were making it increasingly difficult to distinguish truth from fiction, posing a challenge for journalists, governments and the public. Speaking at the Venice Film Festival,…...
EU antitrust regulators quiz publishers on Google???s AI search opt-out
1+ week, 4+ 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…...
Morning Bid: Who will police the bond vigilantes?
1+ week, 4+ 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…...
China urges respect for digital sovereignty in AI race
3+ week, 4+ day ago (112+ words) 933thedrive.com - Win Lunch for Your Workplace from Hickory River Smokehouse! China urges respect for digital sovereignty in AI race BEIJING, Aug 19 (Reuters) – China on Wednesday urged respect for each country’s digital sovereignty, after a report the U.S. would ask…...
US government backs OpenAI in New York Times copyright case
1+ week, 3+ day ago (365+ words) Sept 2 (Reuters) – The Trump administration has filed a brief supporting OpenAI in its dispute with the New York Times and other newspapers over the company’s use of their work to train the large language models behind ChatGPT, saying AI training…...
Analysis-No shortage of culprits in panic over long US Treasury yields
1+ week, 4+ day ago (752+ words) PROVIDENCE, Rhode Island, Sept 2 (Reuters) – Higher long-end Treasury yields are unlikely to retreat anytime soon, and a host of intertwined supply and demand factors will likely hamstring U.S. policymakers seeking to cap borrowing costs. That is because the renewed surge…...
Explainer-What???s behind the selloff in world bond markets?
1+ week, 4+ day ago (716+ words) By Dhara Ranasinghe and Harry Robertson LONDON, Sept 1 (Reuters) – Government borrowing costs from the United States to Germany and Japan are at or near multi-decade peaks on heightened worries about inflation and rising interest rates, along with nagging anxiety about…...
At Jackson Hole, global central bankers glimpse dystopian AI future
1+ week, 5+ 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…...