Actors union backs Scarlett Johansson after claim of voice misuse by OpenAI
(Reuters) - SAG-AFTRA, an influential body representing television and radio artists, on Tuesday backed Scarlett Johansson after the American actress raised concerns over the voice feature of a new OpenAI system that she said sounded "eerily simila...
9h ago
Comcast prices Peacock, Netflix, Apple TV+ streaming bundle at $15 a month
(Reuters) - Comcast's new streaming bundle, packaging its Peacock service with Netflix and Apple TV+, will cost $15 per month for all Xfinity internet and TV customers, the media and broadband company said on Tuesday. The new bundle, StreamSaver, i...
9h ago
Billionaire urges Russian firms to build alternative to SAP software
By Anastasia Lyrchikova and Alexander Marrow MOSCOW (Reuters) - Billionaire Alexey Mordashov has proposed creating a Russian consortium to invest billions in developing an alternative to the widely-used business software made by Germany's SAP, whic...
9h ago
Micron lifts 2024 capex forecast on rising investment in AI-related chips
(Reuters) - Micron Technology on Tuesday slightly raised its capital expenditure forecast for 2024, as the U.S. chipmaker invests heavily to make high bandwidth memory (HBM) semiconductors to meet surging demand from the AI industry. WHY IT'S IMPOR...
9h ago
Pixar Animation to lay off about 14% of workforce
(Reuters) - Pixar Animation Studios on Tuesday began laying off about 14% of its workforce as it scales back development of original streaming series, according to a source familiar with the development. Approximately 175 people will be impacted by...
9h ago
Kretinsky weighs changes to Atos bid to win over creditors, source says
By Mathieu Rosemain PARIS (Reuters) - Czech billionaire Daniel Kretinsky is looking at options to try to persuade creditors to side with him in the battle for Atos, a source close to the matter said, as the distressed IT firm seeks a debt restructu...
9h ago
Amazon's cloud unit pauses orders of Nvidia's most powerful chip, FT reports
(Reuters) - Amazon.com's cloud services unit has paused orders of Nvidia's most advanced "superchip" to wait for a more powerful new model, the Financial Times reported on Tuesday. The new model called Blackwell, the chip sector heavyweight's new f...
10h ago
US SEC asks exchanges to fine-tune ether ETF filings in positive sign for approval, say sources
By Suzanne McGee and Hannah Lang (Reuters) - The U.S. securities regulator on Monday asked Nasdaq and CBOE to fine-tune their applications to list spot ether exchange-traded-funds (ETFs), signaling the agency may be poised to approve the filings, t...
11h ago
Cryptocurrencies gain as investors turn optimistic on ether ETFs
LONDON (Reuters) - Ether was set for its largest two-day gain in nearly two years and bitcoin approached a record high on Tuesday on speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world's second-big...
12h ago
European chip industry must expand supplier, R&D strengths, says imec CEO
By Toby Sterling ANTWERP, Belgium (Reuters) - The European chip industry should focus on bolstering its strengths as a research centre and crucial chipmaking equipment producer rather than trying to create a cutting edge chip manufacturer, the CEO ...
13h ago
China's Xpeng forecasts rise in quarterly deliveries as promotions boost EV demand
(Reuters) -Chinese electric-vehicle maker Xpeng forecast a rise in second-quarter vehicle deliveries on Tuesday, saying it expects a boost to demand from lower prices and subsidies, sending its U.S.-listed shares up 8% in premarket trading. The company...
14h ago
Scale AI raises $1 billion in Accel-led late-stage fundraise
(Reuters) -Scale AI said on Tuesday it had raised $1 billion in a late-stage funding round led by venture capital firm Accel with participation from tech giants Nvidia, Amazon, and Meta, valuing the AI data startup at nearly $14 billion. Top tech compa...
14h ago
New approaches may be needed to regulate AI, says Bank of England policymaker
By Huw Jones LONDON (Reuters) -Artificial intelligence could be fundamentally disruptive but help boost productivity in Britain's economy, posing a challenge to regulators who should be open to new rule-making approaches, a Bank of England (BoE) policy...
15h ago
Exclusive-UAE, US to see more AI partnerships, minister tells Reuters
DUBAI (Reuters) - The United Arab Emirates and the United States are strategic partners and there will be more joint investments in artificial intelligence between them, the UAE's state minister for AI Omar Sultan Al Olama told Reuters on Tuesday. ...
16h ago
Europe sets benchmark for rest of the world with landmark AI laws
By Foo Yun Chee and Tassilo Hummel BRUSSELS (Reuters) -Europe's landmark rules on artificial intelligence will enter into force next month after EU countries endorsed on Tuesday a political deal reached in December, setting a potential global benchmark...
16h ago
Global AI summit in Seoul aims to forge new regulatory agreements
SEOUL (Reuters) - Global leaders and officials taking part in an AI summit being hosted by South Korea and Britain are expected to strike new agreements focused on how to practically regulate the rapidly evolving technology, government and industry...
16h ago
Sanofi partners with OpenAI, Formation Bio on AI-driven drug development
(Reuters) - French drugmaker Sanofi on Tuesday announced it is collaborating with artificial intelligence company OpenAI and Formation Bio to boost its drug development projects through the use of Artificial Intelligence. Sanofi said in a statement...
18h ago
Exclusive-Apple supplier Foxconn among firms asked to cut power use in Vietnam, sources say
By Francesco Guarascio and Ben Blanchard HANOI/TAIPEI (Reuters) - Vietnamese officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30% at its assembly plants in the north of the country where there were electricity outa...
19h ago
Scarlett Johansson says OpenAI chatbot voice 'eerily similar' to hers
By Dawn Chmielewski and Anna Tong Scarlett Johansson on Monday accused OpenAI of creating a voice for the ChatGPT system that sounded "eerily similar" to the actress after she declined to voice the chatbot herself. Johansson made the comments in a stat...
23h ago
Samsung Elec appoints new chief for its chip business
SEOUL (Reuters) - Samsung Electronics said it has appointed YoungHyun Jun as the company's new chief for its semiconductor unit. "This is a preemptive measure to strengthen the future competitiveness," Samsung Electronics said in a statement. (Rep...
May 21, 2024
AI-intensive sectors are showing a productivity surge, PwC says
LONDON (Reuters) - EMBARGOED 0001 LOCAL TUESDAY The types of business which are most likely to use artificial intelligence are seeing growth in workers' productivity that is almost five times faster than elsewhere, raising hopes for a boost to the ...
May 20, 2024
Keysight forecast third-quarter profit below estimates on slow demand
(Reuters) - Electronic equipment maker Keysight Technologies forecast third-quarter profit below estimates on Monday, anticipating slow demand in electronics industrial markets amid high borrowing costs. Shares of Keysight, which provides electroni...
May 20, 2024
Trump's social media company discloses inquiry from FINRA
(Reuters) -The owner of Donald Trump's social media company Truth Social said on Monday it had cooperated with an inquiry from the Financial Industry Regulatory Authority (FINRA) tied to its blank-check merger. The inquiry from FINRA, Wall Street's sel...
May 20, 2024
Bitcoin rises to $70,206
(Reuters) - Bitcoin rose to $70,206 at 20:03 GMT on Monday, adding $3,931 to its previous close. The world's biggest and best-known cryptocurrency is up 82.3% from the year's low of $38,505 on Jan. 23. Ether, the coin linked to the ethereum blockch...
May 20, 2024
Zoom Video raises full-year revenue forecast
(Reuters) -Zoom Video Communications raised its full-year revenue forecast on Monday, helped by robust demand for its product portfolio as companies continue to adopt hybrid work models. The upbeat outlook suggests that Zoom's efforts to incorporate ar...
May 20, 2024