AI and ML

WASHINGTON, Sept 29 (Reuters) – US President Donald Trump on Tuesday said tech executives agreed to establish voluntary standards for AI and reiterated his support for rapid expansion of data centers, as concerns mount over AI safety and the ‌industry’s growing footprint in communities.   Trump made the comments after meeting with tech executives at

Sept 30 (Reuters) – Apple Pay (AAPL.O), opens new tab has launched in India through a partnership with Axis Bank (AXBK.NS), opens new tab, giving the payment service its first foothold in one of the world’s largest digital payments markets, the lender said on Wednesday.   Axis ‌Bank, India’s third-largest private lender, will be the

TOKYO, Sept 24 (Reuters) – Tech investor SoftBank Group (9984.T), opens new tab is issuing $11.1 billion in dollar- and euro-denominated bonds, set to be the largest high-yield corporate bond sale globally on record as it seeks to fund its ‌mammoth bet on OpenAI.   The funding follows a 1 trillion yen ($6.3 billion) bond issue aimed

Sept 23 (Reuters) – Anthropic on Wednesday said its Claude model helped discover a novel enzyme system with properties reminiscent of mechanisms ‌in gene-editing technology CRISPR, marking the first result from the AI startup’s biology research efforts. The finding comes days after Reuters reported Anthropic had quietly established a wet ⁠lab in the San Francisco Bay Area, as

Sept 18 (Reuters) – Google’s (GOOGL.O), opens new tab Gemini model accessed the internet and hacked other companies during a test of its cybersecurity capabilities, the first known example of the company’s AI systems autonomously committing ‌such an act. The hacks occurred in May during a cybersecurity test conducted by Irregular, an independent company that conducts cybersecurity evaluations. During

Sept 18 (Reuters) – AI lab Anthropic said on Friday it would partner with Accenture (ACN.N), opens new tab for the independent evaluation of its frontier AI models, with the companies each committing at ‌least $1 billion over the next five years to build capacity for the work. Shares of Accenture rose 7% in extended trading. The partnership comes

Sept 11 (Reuters) – Anthropic is in talks to bring Nvidia (NVDA.O), opens new tab as an anchor investor into what could be the largest IPO in history, two people familiar with the ‌matter told Reuters. Anthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the

WASHINGTON, Sept 11 (Reuters) – U.S. Senate negotiators are debating legislation that would put responsibility on tech companies to design safe AI products, according ‌to two Senate aides, and involve federal courts if the U.S. government wants to block their release, according to a Senate aide and a lobbyist involved in the negotiations. The proposal would

HONG KONG, Sept 4 (Reuters) – ByteDance has secured a $29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said ‌on Friday, with the Chinese social media giant’s bet on AI development driving strong interest from lenders. The loan is the second-largest made in Asia this year after SoftBank raised $40

WASHINGTON, Sept 4 (Reuters) – Minnesota’s first-in-the-nation ban on AI-generated fake nude images will remain in effect as a constitutional challenge by Elon Musk’s xAI proceeds, after ‌a federal judge on Friday declined to block the law at an early stage of the case. Musk’s xAI company argues the measure restricts free speech protected by the