News

U.S. Seeks to Prevent China from Benefiting from $52 Billion Chips Funding

The U.S. Commerce Department on Tuesday released proposed rules to prevent $52 billion in semiconductor manufacturing and research funding from being used by China and other countries deemed U.S. adversaries. The proposal limits recipients of U.S. funding from investing in the expansion of semiconductor manufacturing in foreign countries of concern like China and Russia and […]

Biotech AI Startup Unlearn Adds $15 Million and OpenAI CTO to Board

Unlearn.AI, which has built a machine learning platform that creates “digital twin” profiles of patients in clinical trials, has raised $15 million to expand partnerships and accelerate regulatory approval, the company told Reuters on Tuesday. The investment from Radical Ventures and Wittington Ventures valued the startup at $265 million, the company said. Mira Murati, chief […]

Google Begins Opening Access to Its ChatGPT Competitor Bard

Alphabet Inc’s Google on Tuesday began the public release of its chatbot Bard, seeking users and feedback to gain ground on Microsoft Corp in a fast-moving race on artificial intelligence technology. Starting in the U.S. and the U.K., consumers can join a waitlist for English-language access to Bard, a program previously open to approved testers […]

Nvidia Set to Reveal New AI Technologies at Annual Conference

Nvidia Corp Chief Executive Jensen Huang is expected on Tuesday to disclose new artificial intelligence chips and technologies at the company’s annual conference for software developers. Analysts will be watching for the Santa Clara, California-based company to give more details about how it plans to widen accessibility to processing power like to that used to […]

China Gives Chipmakers Easier Subsidy Access to Help Guide Industry Recovery - FT

China is facilitating easier access to subsidies and more control over state-backed research for a handful of its chip companies, the Financial Times reported on Tuesday. Chipmakers such as Semiconductor Manufacturing International (SMIC), Hua Hong Semiconductor and Huawei, as well as equipment suppliers like Naura and Advanced Micro-Fabrication Equipment Inc China might benefit from the […]

Rising Airline Emissions Could Trigger Global Caps as Early as 2024 - Trade Group

Rising airline traffic is expected to trigger global emissions-related requirements for some carriers as early as next year, according to a top airline trade group, even as debate broadens on the effectiveness of that approach. A United Nations-led scheme seeks to cap emissions from international flights at 85% of 2019 levels under the first phase […]

Content Moderators Sue Meta Over Alleged 'union-busting' in Kenya

Facebook content moderators in Kenya are suing the social media site’s parent company Meta and two outsourcing companies for unlawful redundancy, a rights group said on Monday. The 43 applicants say they lost their jobs with Sama, a Kenya-based firm contracted to moderate Facebook content, for organising a union. They also say they were blacklisted […]

Amazon Deepens Tech-sector Cuts by Slashing Another 9,000 Jobs

Amazon.com Inc on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector’s woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, […]

'Dear friends' Xi and Putin Meet in Moscow as Ukraine War Rages

Chinese President Xi Jinping met his “dear friend” Vladimir Putin in Moscow on Monday, seeking both to deepen economic ties with an ally he sees as a useful counterweight to the West and to promote Beijing’s role as a potential peacemaker in Ukraine. Xi was the first leader to meet the Russian president since the […]