(Reuters) - The Federal Reserve has “regular discussions” with the banks it supervises about managing the risks associated with artificial intelligence, as more financial institutions utilize AI for customer service applications, fraud monitoring and underwriting, a top official at the…
By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) -Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls "TruthGPT" to challenge the offerings from Microsoft and Google. He criticised Microsoft-backed OpenAI, the…
By Clark Mindock NEW YORK (Reuters) -Berkeley, California, cannot ban natural gas hookups in new buildings because a U.S. federal law preempts its rule, a federal appeals court said Monday, siding with a challenge the state's restaurant industry made. The…
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week, further evidence that labor market conditions were gradually easing as higher borrowing costs dampen demand in the economy.…
By Raphael Satter WASHINGTON (Reuters) - Instant messaging platform Discord said on Wednesday it was cooperating with U.S. law enforcement's investigation into a leak of secret U.S. documents that has grabbed attention around the world. The statement comes as questions…
By Joseph Ax (Reuters) - New York City's unending war on rats has a new commanding general. Mayor Eric Adams on Wednesday announced that Kathleen Corradi, an education department employee, has been appointed New York’s first-ever "rat czar," part of…
By Christopher Bing and Raphael Satter (Reuters) -An Israeli firm's hacking tools have been used against journalists, opposition figures and advocacy organizations across at least 10 countries - including people in North America and Europe - according to new research…
By Stephen Culp NEW YORK (Reuters) - U.S. stock indexes clawed back from steep losses to a mixed close on Monday as investors digested Friday's employment report and prepared for an eventful week of inflation data and bank earnings. Megacap…
(Reuters) - The U.S. Department of Commerce is weighing an enforcement action against Russian cybersecurity company Kaspersky Lab, the Wall Street Journal reported on Friday citing people familiar with the matter. President Joe Biden's administration is looking at an enforcement…
By Steve Stecklow, Waylon Cunningham and Hyunjoo Jin LONDON/SAN FRANCISCO (Reuters) - Tesla Inc assures its millions of electric car owners that their privacy “is and will always be enormously important to us.” The cameras it builds into vehicles to…