May 27, 2023
Biden sounds hopeful on debt ceiling, Treasury warns of June 5 default

By Steve Holland, Moira Warburton and Rami Ayyub WASHINGTON (Reuters) -Democratic President Joe Biden and a Republican negotiator said on Friday they were working on a deal to raise the U.S. government's $31.4 trillion debt ceiling after the Treasury Department…

May 25, 2023
Microsoft chief says deep fakes are biggest AI concern

By Diane Bartz WASHINGTON (Reuters) -Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content. In a speech in Washington aimed at addressing the issue of how best to…

May 24, 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 legislation enters force, the EU's tech chief Margrethe Vestager said…

May 22, 2023
Regulators dust off rule books to tackle generative AI like ChatGPT

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) - As the race to develop more powerful artificial intelligence services like ChatGPT accelerates, some regulators are relying on old laws to control a technology that could upend the way societies and…

May 18, 2023
Debt default could trigger recession, Harris and Brainard warn

By Doina Chiacu and Steve Holland WASHINGTON (Reuters) -Vice President Kamala Harris and top White House economic adviser Lael Brainard said on Thursday that a default on the U.S. debt of $31.4 trillion would throw the American economy into a…