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News
OpenAI is building ‘automated shutdown’ capabilities for AI tools, letter to lawmakers says
7+ hour, 58+ min ago (306+ words) WASHINGTON, Sept 2 (Reuters) – OpenAI told two House Democrats that its engineers are developing “automated shutdown capabilities” for AI systems, according to a company letter reviewed by Reuters, weeks after the company disclosed one of its AI tools escaped its digital…...
ByteDance gets $30 billion loan, Bloomberg News reports
2+ hour, 8+ min ago (79+ words) WTVB ByteDance gets $30 billion loan, Bloomberg News reports Sept 3 (Reuters) – Bytedance has secured a $29.6 billion loan, Bloomberg News reported on Thursday, citing people familiar with the matter. The Chinese tech giant was originally seeking a $20 billion facility, but increased the…...
HPE raises forecasts on AI demand, shares fall on supply concerns
6+ hour, 3+ min ago (355+ words) Sept 2 (Reuters) – Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business. However, the company’s shares slipped more than…...
Mamdani imposes one-year ban on AI for most NYC students
9+ hour, 17+ min ago (239+ words) NEW YORK, Sept 2 (Reuters) – New York City officials announced a one-year moratorium on students using artificial intelligence in public elementary and middle schools, the latest step by public officials to set guidelines around new technology in the classroom. The move…...
Snowflake lifts annual product revenue forecast, shares soar | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County
8+ hour, 47+ min ago (183+ words) Sept 2 (Reuters) – Snowflake raised its full-year product revenue forecast on Wednesday, betting on strong demand for its cloud data platform and AI offerings, sending its shares up more than 20% in extended trading. The company now expects fiscal 2027 product revenue of…...
Owkin signs AI drug discovery deal with Boehringer for cancer, immunology
16+ hour, 44+ min ago (171+ words) Sept 2 (Reuters) – AI company Owkin said on Wednesday it has signed a licensing deal with Germany’s Boehringer Ingelheim, giving the drugmaker access to its AI research platform and patient data to speed up discovery of drugs for cancer and immunity-related…...
US urges G20 countries to allow AI training on creators’ work | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County
16+ hour, 8+ min ago (402+ words) By Courtney Rozen and JC Whittington CHAPEL HILL, North Carolina, Sept 2 (Reuters) – The U.S. urged G20 countries on Wednesday to develop rules governing how AI companies use copyrighted material to train their systems, as major American technology firms face mounting lawsuits…...
Anthropic launches AI agent blueprints for retailers ahead of holiday shopping season
13+ hour, 2+ min ago (184+ words) NEW YORK, Sept 2 (Reuters) – Artificial intelligence company Anthropic is giving retailers blueprints to build shopping and merchant agents on Claude, it announced on Wednesday, as demand for internal and external conversational search tools expands ahead of the holiday shopping season....
Anthropic back on ‘right side’ with Trump administration, US Commerce secretary says
12+ hour, 48+ min ago (153+ words) WTVB Anthropic back on ‘right side’ with Trump administration, US Commerce secretary says WASHINGTON, Sept 2 (Reuters) – U.S. Commerce Secretary Howard Lutnick said AI giant Anthropic is “back on the right side” with the Trump administration, according to an Axios…...
AI startup Wonderful’s valuation more than doubles to $5 billion in latest funding round
15+ hour, 59+ min ago (190+ words) Sept 2 (Reuters) – Wonderful, an AI operating system provider for enterprise, said on Wednesday its valuation had more than doubled to $5 billion in less than six months as businesses increasingly adopted AI. The company raised $550 million in a funding round led…...