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Open AI gives Japan banks access to latest model, Japan's finance minister says
1+ day, 41+ min ago (292+ words) TOKYO, May 29 (Reuters) " Open AI has given some Japanese financial institutions access to its GPT-5. 5 model to help prevent cyberattacks, Japanese Finance Minister "Satsuki Katayama said on Friday after a meeting "with the U. S. company's chief strategy officer. The release of…...
Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand
1+ day, 2+ min ago (292+ words) By Faith Hung and Jeanny Kao TAIPEI, May 29 (Reuters) " Taiwan's tech-driven economy is expected to grow at its fastest pace in 16 years in 2026, the government statistics agency "said on Friday, thanks to booming demand for artificial "intelligence-related technologies. Gross domestic…...
Meta commits $13 million in additional funding for oversight board until 2028
1+ day, 11+ hour ago (228+ words) May 28 (Reuters) " Meta's Oversight Board said on Thursday it has secured $13 million in additional funding from the social "media company to secure the independent "watchdog's operations through 2028. Social media platforms have been facing intense pressure to balance allowing free speech…...
Insurance platform Corgi valued at $2. 6 billion in latest funding round
1+ day, 14+ hour ago (126+ words) May 28 (Reuters) " AI insurance platform Corgi said on Thursday it raised $106 million "in a funding round "led by investment firm TCV that valued it at $2. 6 billion. " The Series B1 round also included participation "from Prime Capital, Kindred Ventures and other investors....
Capgemini sets new targets building on AI consulting, but shares fall
2+ day, 15+ hour ago (326+ words) May 27 (Reuters) " Capgemini unveiled new medium-term targets on Wednesday, sending its shares lower, as the French IT group positions itself as a consultant to help companies implement "AI across industries. The shares fell around 4% by "0730 GMT, the worst performers on…...
USTR Greer sees no immediate chip tariffs but says protection important for sector | 1330 & 101. 5 WHBL
1+ week, 6+ hour ago (356+ words) By David Shepardson and David Lawder MANASSAS, Virginia, May 22 (Reuters) " U. S. Trade Representative Jamieson Greer said on Friday there were no imminent new U. S. tariffs expected to be imposed on "semiconductors, but that it was important to protect the "sector with duties…...
Exclusive-Starbucks scraps AI inventory tool across North America
1+ week, 1+ day ago (588+ words) NEW YORK, May 21 " Starbucks terminated an AI program workers used for automating certain inventory counts this week, nine months after deploying it across its North American stores, according to an internal newsletter reviewed by Reuters and two people with direct…...
Novo Nordisk uses AI to fast-track drug launches, expand India role
1+ week, 19+ hour ago (403+ words) By Rishika Sadam and Mrinalika Roy BENGALURU, May 22 (Reuters) " Novo Nordisk is aiming to slash the time it takes to bring new drugs to market by up to two-thirds using AI, a top executive "said, as the Danish drugmaker looks…...
Regulators question Stan Chart following CEO Winters" AI comments amid job cuts, Bloomberg News reports
1+ week, 1+ day ago (263+ words) May 21 (Reuters) " Hong Kong and Singapore regulators have sought clarity from Standard Chartered after CEO Bill Winters said the global lender plans "to replace "lower-value human capital" with technology, Bloomberg "News reported on Thursday. Winters" comment came up in discussions…...
Europe's AI stocks shine through gloom of Iran war
1+ week, 1+ day ago (520+ words) LONDON, May 22 (Reuters) " A strong rally in tech stocks has largely gone under the radar against a darkening backdrop for European equity markets as the energy shock triggered by the Iran war dampens economic growth. The war has paused "Make…...
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