Microsoft Corp is in talks to invest $10 billion in ChatGPT-owner OpenAI as part of funding that will value the firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter. The news underscores rising interest in the artificial intelligence company, whose chatbot has dazzled amateurs and industry experts with its ability […]
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Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back online. The incident is the social media site’s first apparent widespread service disruption since billionaire Elon Musk took […]
Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on record. The stock gained 3.3 percent on the day. It is set to round off 2022 with a 68 percent drop – the most among […]
Private equity funds are rethinking how they pull off large deals after a 40.4 percent contraction in global buyout activity amid a shortage of debt financing caused by rising interest rates and banks’ reluctance to open their money taps. Blackstone’s acquisition of Emerson’s Climate Technologies business in the United States and KKR’s purchase of French […]
The National Highway Traffic Safety Administration (NHTSA) said on Thursday it has opened two new special investigations into crashes involving Tesla vehicles where advanced driver assistance systems are suspected to have been in use. The new crashes under investigation include an eight-vehicle crash on Nov. 24 on the Bay Bridge in San Francisco in which […]
A former Twitter Inc manager convicted of spying for Saudi Arabia by sharing user data several years ago and potentially exposing users to persecution was sentenced to 3-1/2 years in prison on Wednesday, U.S. prosecutors said. Ahmad Abouammo had been found guilty by a jury in August following a trial in federal court in San […]
A NASA-led international satellite mission was set for blastoff from Southern California early on Thursday on a major Earth science project to conduct a comprehensive survey of the world’s oceans, lakes and rivers for the first time. Dubbed SWOT, short for Surface Water and Ocean Topography, the advanced radar satellite is designed to give scientists […]
Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow the gap on price and performance with industry leaders Tesla and BYD, two people with knowledge of the work said. The leading Japanese automaker is expected to detail the EV […]
Google’s Jigsaw subsidiary is launching a new anti-misinformation project in India, aimed at preventing misleading information that has been blamed for inciting violence, a top executive said. The initiative will use “prebunking” videos – designed to counter false claims before they become widespread – circulated on the company’s YouTube platform and other social media sites. […]
Japanese electronics and entertainment conglomerate Sony Group Corp said on Tuesday it has the technology to make humanoid robots quickly once it has identified how they could be effectively used. “In terms of technology, several companies in the world including this one have enough technology accumulated to make them swiftly once it becomes clear which […]