Tag Archives: technology
Microsoft beefs up ChatGPT and Bing in wide-ranging AI product launch
By Yuvraj Malik and Jeffrey Dastin (Reuters) - Microsoft Corp on Tuesday started making available to users a host of AI upgrades, including to ChatGPT, its search engine Bing as well as to cloud servi...
May 23, 2023
Blackstone platform bets on Indian data binge, in talks with Microsoft, Amazon
By Aditi Shah NEW DELHI (Reuters) - Blackstone is in talks with companies including Microsoft and Amazon to build Indian data centres for them to meet growing storage and processing demand, the CEO of...
May 23, 2023
Citizens Bank to pay $9 million penalty over credit card practices–US regulator
(Reuters) - A unit of Citizens Financial Group Inc will pay a $9 million civil penalty to resolve accusations it violated laws that protect consumers who dispute credit card transactions, the U.S. Con...
May 23, 2023
Spruce Point shorts ad-tech firm Perion Network
(Reuters) -Spruce Point Capital Management said on Tuesday it was short on ad technology firm Perion Network, as it had concerns about the accuracy of the company's "financial reporting, efficacy of i...
May 23, 2023
Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips
(Reuters) - Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc to use chips made in the United States. Under the multi-year deal, Broadcom will develop 5G...
May 23, 2023
EU, U.S. to seek stopgap standards for AI – EU tech chief
By Philip Blenkinsop BRUSSELS (Reuters) - The European Union and the United States are set to step up cooperation on artificial intelligence with a view to establishing minimum standards before legisl...
May 23, 2023
France’s Macron to host meeting with OpenAI CEO Sam Altman in Paris on Tuesday
PARIS (Reuters) - French President Emmanuel Macron will meet Sam Altman, the CEO of OpenAI which runs ChatGPT, at the Elysee palace on Tuesday to discuss France's place in the global race for artifici...
May 23, 2023
Alphabet-backed AI startup Anthropic raises $450 million as funding freeze thaws
(Reuters) - Anthropic, an artificial intelligence startup backed by Google parent Alphabet Inc, said on Tuesday it had raised $450 million, in the latest sign of a recovery in the startup funding spac...
May 23, 2023
Lordstown Motors announces reverse stock split
(Reuters) - Electric vehicle startup Lordstown Motors Corp said on Tuesday that it will effect a 1:15 reverse stock split on May 24. (Reporting by Akash Sriram in Bengaluru; Editing by Arun Koyyur)
May 23, 2023
Stock photos repository Shutterstock to acquire Giphy in $53 million deal
(Reuters) -Stock photos repository Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million in cash. The transaction will be funded by e...
May 23, 2023
