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OpenAI chief goes before US Congress to propose licenses for building AI
By Diane Bartz and Jeffrey Dastin WASHINGTON (Reuters) - OpenAI, the startup behind ChatGPT, wants the U.S. to consider mandating licenses for companies to develop powerful artificial intelligence lik...
Syndicated Content May 16, 2023
EU states approve world’s first comprehensive crypto rules
By Huw Jones (Reuters) - European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as B...
Syndicated Content May 16, 2023
Regulators ask Futu and UP Fintech to remove apps in China – sources
SHANGHAI (Reuters) -Online brokerages Futu Holdings Ltd and UP Fintech Holding Ltd will remove their apps in mainland China this week under the guidance of Chinese regulators, three sources told Reute...
Syndicated Content May 16, 2023
Japan approves energy firms’ household power price hike
TOKYO (Reuters) - Japan's government on Tuesday has approved an increase in household electricity rates of made by seven major utilities after delays in examining their requests as the government soug...
Syndicated Content May 16, 2023
WHO warns against bias, misinformation in using AI in healthcare
(Reuters) - The World Health Organization called for caution on Tuesday in using artificial intelligence for public healthcare, saying data used by AI to reach decisions could be biased or misused. Th...
Syndicated Content May 16, 2023
German investor morale plunges as recession fears rise
(Reuters) - German investor sentiment fell more than expected in May, pointing to a worsening of the already unfavourable economic situation in the next six months. "As a result, the German economy co...
Syndicated Content May 16, 2023
India’s newest infra lender to loan 1 trillion rupees this fiscal -official
By Ira Dugal MUMBAI (Reuters) - The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction close to 1 trillion rupees ($12.23 billion) in loan...
Syndicated Content May 16, 2023
Emissions scandal: Ex-Audi boss admits role in fraud by negligence in German court
MUNICH (Reuters) - Former Audi boss Rupert Stadler accepted his role in committing fraud by negligence in the diesel emissions scandal, according to a statement made in German court on Tuesday, having...
Syndicated Content May 16, 2023
China’s Tencent Music revenue beats estimates on strong user growth
(Reuters) - China's Tencent Music Entertainment Group on Tuesday reported higher revenue after five straight quarterly declines, driven by growth in paying users on its Spotify-like music streaming pl...
Syndicated Content May 16, 2023
EU Council adopts first legal framework to regulate crypto sector
BRUSSELS (Reuters) - The European Council on Tuesday said it had adopted the world's first comprehensive set of rules for cryptoassets regulation (MiCa). MiCA, which was already approved by EU member ...
Syndicated Content May 16, 2023
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