Sep 11, 2023
Nasdaq ends sharply higher as Tesla soars on AI optimism

By Noel Randewich and Shristi Achar A (Reuters) - The Nasdaq closed sharply higher on Monday as Tesla surged on optimism around artificial intelligence and investors awaited inflation data due later this week. Tesla rallied 10% after Morgan Stanley upgraded…

Sep 11, 2023
Factbox-Governments race to regulate AI tools

(Reuters) - Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate…

Sep 08, 2023
Explainer-Why the offshore wind power industry has hit turbulence

By Nina Chestney and Susanna Twidale LONDON (Reuters) - Britain's latest subsidy auction for new renewable energy projects failed to attract bidders from the offshore wind industry, raising fears among developers and environmental groups that the country may struggle to…

Sep 07, 2023
Microsoft to defend customers on AI copyright challenges

(Reuters) - Microsoft will pay legal damages on behalf of customers using its artificial intelligence (AI) products if they are sued for copyright infringement for the output generated by such systems, the company said on Thursday. Microsoft will assume responsibility…

Sep 05, 2023
UBS CEO insists bank not too big after Credit Suisse takeover

ZUG, Switzerland (Reuters) - The new expanded UBS is not too big for Switzerland following the bank's emergency takeover of fallen rival Credit Suisse, Chief Executive Officer Sergio Ermotti said on Tuesday. "UBS is not too big - size is…