AI and ML

BRUSSELS, July 31 (Reuters) – The European Commission is in talks with OpenAI and Anthropic over recent hacking incidents involving their AI models, Commission officials said on Friday, ‌as they touted landmark EU rules requiring strict monitoring of high-risk systems. Europe’s AI Act, which kicks in on August 2, is the first legislation in the […]

July 31 (Reuters) – Alphabet’s (GOOGL.O), opens new tab Google said on Friday it was rolling back an AI image-generation feature it had introduced in Google Earth just a day ago, after users shared ‌images that appeared to violate the company’s policies. The feature, powered by Google’s Nano Banana 2 AI model, had allowed users

SAN FRANCISCO, July 24 (Reuters) – Anthropic on Friday launched Opus 5, its latest AI model that the startup says nears the capabilities of its more powerful cousin Fable 5 at half the price. The San Francisco-based lab said the new Claude AI model ⁠was well suited for daily office and computer programming tasks. In an interview

FARNBOROUGH, England, July 24 (Reuters) – For Hassan Butt, a 17-year-old British student volunteering at the Farnborough airshow this week, there was nothing cooler than watching the planes and thinking about the physics that kept them airborne.   “Everyone when they’re kids, they ‌look up, they see the planes flying and they think, damn…” he

June 12 (Reuters) – SpaceX (SPCX.O), opens new tab shares jumped 19% in their Nasdaq debut on Friday, sending the company’s value past $2 trillion to make it the sixth-biggest U.S. company by value and turning Elon Musk into the world’s first trillionaire. Investors jumped at the chance to get a piece of Musk’s sprawling empire spanning rockets, satellites and

June 12 (Reuters) – Meta (META.O), opens new tab CEO Mark Zuckerberg has told employees that the social media giant has made mistakes in its AI transformation of its workforce, according to an internal memo seen ‌by Reuters.   Zuckerberg is pumping hundreds of billions of dollars into AI as he seeks to reshape his company’s inner

BRUSSELS, June 3 (Reuters) – The European Commission proposed new laws on Wednesday to boost domestic cloud, ‌AI and semiconductor industries, aiming to cut reliance on U.S. Big Tech in a move that could ratchet up transatlantic tensions.   The Cloud and AI Development Act and Chips Act 2.0 form part of Europe’s push for

June 3 (Reuters) – Soaring memory chip prices driven by massive AI demand risk stoking “chipflation,” Morgan Stanley analysts cautioned, as makers of devices from smartphones to PCs are forced to choose between raising prices and settling for thinner margins. The brokerage said on Tuesday that ‌memory chip prices have spiked six-fold in the past year,

May 30 (Reuters) – AI chip firm Nvidia (NVDA.O), opens new tab and Microsoft (MSFT.O), opens new tab are expected next week to debut the first Windows PCs that use Nvidia’s chips ‌as the main processor, Axios reported on Saturday, citing sources. Nvidia-powered computers are expected both from Microsoft’s Surface brand as well as other computer makers including Dell (DELL.N), opens

PARIS, May 30 (Reuters) – Japan’s SoftBank Group (9984.T), opens new tab will invest €45 billion over the next five years in a push to build up artificial intelligence infrastructure ‌in France, the company announced on Saturday. SoftBank said the investment, described as the biggest of its kind so far in Europe, would be made in the northern