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
‘Queen of rock ‘n’ roll’ Tina Turner dies at 83

By Mike Davidson (Reuters) -Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83. She died peacefully…

May 24, 2023
Amazon beats all 18 shareholder-led proposals at annual meeting

By Arriana McLymore NEW YORK, NY (Reuters) - Amazon.com Inc investors voted against all 18 shareholder-led proposals during the e-commerce giant's annual meeting on Wednesday, a preliminary tally by the company showed. The total exceeded Amazon's 2022 record of 15…

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 23, 2023
U.S. mid-cap retailers slip after latest batch of results

By Caroline Valetkevitch NEW YORK (Reuters) -Shares of U.S. mid-cap retailers mostly eased on Tuesday as the latest batch of quarterly results included reports from BJ's Wholesale Club Holdings and other companies that provided more disappointments for the industry. Shares…

May 23, 2023
Google-backed Anthropic raises $450 million in latest AI funding

By Krystal Hu and Jaiveer Shekhawat (Reuters) -Anthropic, an artificial intelligence startup competing with OpenAI in building AI foundation models, said on Tuesday it had raised $450 million from investors including Alphabet Inc's Google and Spark Capital. The latest round…

May 22, 2023
First Citizens sues HSBC for hiring away Silicon Valley Bank staff

By Daniel Wiessner (Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank's employees in order to launch its own…

May 22, 2023
Bill Gates says top AI agent will replace search, shopping sites

SAN FRANCISCO (Reuters) -Bill Gates, Microsoft Corp's co-founder, on Monday said the technology race to win is the development of the top artificially intelligent agent, poised to disrupt search-engine, productivity and online shopping sites. "You’ll never go to a search…