The Federal Trade Commission said on Wednesday it is seeking information from the public on cloud computing companies’ business practices including details on their market power, competition and potential security issues. The U.S. cloud computing business is dominated by four providers that include Amazon.com Inc , Microsoft Corp, Alphabet Inc’s Google and Oracle Corp. None […]
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Chinese-owned short video app TikTok faces a “pivotal moment” as a growing number of U.S. lawmakers seek to ban the popular app over national security concerns, CEO Shou Zi Chew said. Chew said in a video posted on TikTok early on Tuesday that the app now has more than 150 million active monthly U.S. users, […]
Chinese search engine giant Baidu on Thursday unveiled its much-anticipated artificial intelligence-powered chatbot known as Ernie Bot, giving the world a glimpse of what could be China’s strongest rival to U.S. research lab OpenAI’s ChatGPT. The popularity of ChatGPT, backed by Microsoft, has triggered a frenzied rush among Chinese tech giants and startups alike to […]
The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for human-like technology to proliferate and more competition between its backer Microsoft Corp and Alphabet Inc’s Google. OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology […]
Silicon Valley Bank’s new Chief Executive Tim Mayopoulos on Tuesday urged the failed bank’s top venture capital clients to move their deposits to its newly created bridge entity, people who attended a virtual meeting with him said. The Federal Deposit Insurance Corporation (FDIC) appointed the former Fannie Mae CEO to head Silicon Valley Bridge Bank […]
Technology executives, prominent venture capitalists and founders including OpenAI CEO Sam Altman raced this weekend to keep alive companies caught up in the collapse of Silicon Valley Bank. Friday’s dramatic failure of the bank, which focuses on tech startups, was the biggest since the 2008 financial crisis. It roiled global markets, walloped banking stocks and […]
India’s state minister for technology said on Sunday he will meet start-ups this week to asses the impact on them of Silicon Valley Bank’s collapse, as concerns rise about the fallout for the Indian start-up sector. California banking regulators shut down Silicon Valley Bankon Friday after the a run on the lender, which had $209 […]
Technology executives, prominent venture capitalists and founders including OpenAI CEO Sam Altman raced this weekend to keep alive companies caught up in the collapse of Silicon Valley Bank. Friday’s dramatic failure of the bank, which focuses on tech startups, was the biggest since the 2008 financial crisis. It roiled global markets, walloped banking stocks and […]
On Tuesday, March 7, the Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, held a live video call on NASA TV with the Emirati astronaut Sultan Al Neyadi, commending him on the safe trip at the International Space Station (ISS). Al Neyadi, currently based in the ISS for the upcoming six months, […]
A new pact to facilitate the safe transfer of EU citizens’ personal data to the United States might not come into force in time to avoid a suspension of Facebook’s transatlantic data flows, the U.S. firm’s lead European regulator said on Tuesday. Facebook owner Meta, which has warned a stoppage could force it to suspend […]