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OpenAI Plans Major Shift, Removing AGI Limits on Microsoft to Drive Future Investment Growth

Dec 06, 2024 23:56 pm UTC| Economy Technology

OpenAI is evaluating the removal of a key AGI-related clause that limits Microsofts access to its most advanced technologies. The potential shift aims to attract future investments and strengthen ties with its primary...

AI Revolution Series

Social media platforms are throttling access to news – with far-reaching implications for democracy

Dec 06, 2024 01:56 am UTC| Insights & Views Technology

Just days out from the United States presidential election last month, X (formerly Twitter) suddenly crippled the ability of many major media and political organisations to reach audiences on the social media...

Chatbots won’t help anyone make weapons of mass destruction. But other AI systems just might

Dec 06, 2024 01:55 am UTC| Insights & Views Technology

Over the past two years, we have seen much written about the promise and peril of artificial intelligence (AI). Some have suggested AI systems might aid in the construction of chemical or biological weapons. How...

TSMC, Nvidia AI Move Into Arizona Sparks Bold US Chipmaking Shift

Dec 06, 2024 01:39 am UTC| Technology Business

Taiwan Semiconductor Manufacturing Co and Nvidia are set to collaborate on producing advanced AI chips in Arizona, sources say. The partnership, if finalized, would strengthen U.S. chip capacity. TSMCs new facility, slated...

Breaking Down OpenAI’s $200 ChatGPT Pro: O1 Pro Mode and AI Features You Need to Know

Dec 06, 2024 01:13 am UTC| Technology Business

OpenAIs $200 ChatGPT Pro subscription unlocks the exclusive O1 Pro Mode, offering unparalleled AI reasoning and efficiency. This premium tier targets researchers and developers, delivering advanced tools for tackling the...

Elon Musk’s xAI Snags $6 Billion Windfall, Powering Ambitious Memphis AI Center

Dec 06, 2024 00:01 am UTC| Economy Technology

Elon Musks xAI has obtained $6 billion from 97 backers, boosting its valuation and spurring the development of a high-profile Memphis supercomputer. The filing, released Thursday, discloses no investor names but sets the...

Citigroup AI Tools Transform Workflows for 140,000 Employees Across Eight Countries

Dec 04, 2024 22:17 pm UTC| Economy Technology

Citigroup has launched AI tools for 140,000 employees in eight countries, aiming to streamline operations and foster efficiency. The rollout includes Citi Assist and Citi Stylus, which are designed to simplify complex...

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Economy

US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes

Announced on February 2, 2026, the US-India commerce deal offers Indian exports significant tariff relief. From 25% to 18%, US reciprocal tariffs on Indian goods have been cut; the extra 25% punitive tariff connected with...

India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth

Indias dominant services sector showed a strong rebound in January after slipping to an 11-month low in December, supported by a rise in new business activity, according to the latest HSBC India Services Purchasing...

Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election

Most Asian currencies traded within a narrow range on Wednesday as the U.S. dollar steadied following a strong rebound over the past week, while the Japanese yen underperformed amid growing political uncertainty ahead of a...

Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows

Australias corporate regulator has warned the countrys rapidly expanding pension fund industry that it must significantly increase investment in systems, technology, and governance to safeguard its future and avoid...

Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding

New York and New Jersey have filed an emergency lawsuit against the Trump administration, seeking to restore federal funding for the $16 billion Hudson River tunnel project, a critical piece of U.S. transportation...

Politics

UN Warns of Growing Nuclear Risks as New START Treaty Expires

United Nations Secretary-General Antonio Guterres has issued a stark warning following the expiration of the New START Treaty, calling it a grave moment for international peace and global security. The landmark nuclear...

U.S.–Iran Nuclear Talks Scheduled in Oman as Diplomatic Efforts Resume

The United States and Iran are set to resume diplomatic engagement this Friday as officials from both countries prepare for nuclear talks in Muscat, the capital of Oman. A U.S. official confirmed on Wednesday that the...

Illinois Joins WHO Global Outbreak Network After U.S. Exit, Following California’s Lead

Illinois will join the World Health Organizations Global Outbreak Alert and Response Network (GOARN), marking a significant public health move following the United States official withdrawal from the WHO last month....

U.S.-Iran Nuclear Talks Expected in Oman Following Venue Change Request

Nuclear negotiations between the United States and Iran are expected to take place in Oman on Friday, according to a report by Axios journalist Barak Ravid, who cited an Arab source familiar with the matter. The upcoming...

Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade

President Donald Trump has signed legislation extending the African Growth and Opportunity Act (AGOA), a key U.S.-Africa trade program, through December 31, 2026. The extension is retroactive from September 30, 2025,...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links

Shares of Tencent Holdings (HK:0700) fell sharply on Wednesday after its popular messaging platform WeChat blocked certain promotional links related to YuanBao, the companys artificial intelligence chatbot. The move...

Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies

Nvidia is reportedly nearing a major investment deal with OpenAI, signaling a significant development in the global artificial intelligence landscape. According to sources cited by Reuters, the chipmaking giant is in...

Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate

Artificial intelligence startup Anthropic is reportedly preparing a major secondary share sale that would allow some employees to sell shares at a valuation of at least $350 billion, according to a recent Bloomberg report....

AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock

Advanced Micro Devices (AMD) delivered a solid quarterly earnings beat, topping Wall Street expectations on both revenue and profit, yet its stock slipped in extended trading after the company projected a sequential...

Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns

Nintendo shares fell sharply on Wednesday after the Japanese gaming giant reported weaker-than-expected fiscal third-quarter results, intensifying investor concerns over profitability and margins tied to its highly...