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AI-linked Asian stocks slump after top lab CEOs call for slowing down technology’s development
3+ hour, 28+ min ago (446+ words) SINGAPORE, Sept 14 (Reuters) – AI-connected stocks fell sharply in early Asian trading on Monday after the CEOs of the companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Anthropic CEO Dario…...
China state newspaper blasts Anthropic’s calls to slow AI as ‘Cold War’ tactic
3+ hour, 20+ min ago (343+ words) BEIJING, Sept 14 (Reuters) – An essay by Anthropic’s CEO calling for a slowing down of AI development may look like a rational statement focused on safety risks, but it is really a “Cold War playbook” targeting China, the state-backed Global Times…...
Samsung, SK Hynix reject KEPCO’s $19 billion power prepayment proposal, document shows
4+ hour, 41+ min ago (186+ words) SEOUL, Sept 14 (Reuters) – Samsung Electronics and SK Hynix have rejected a proposal by Korea Electric Power Corp to make a 25 trillion won ($18.7 billion) upfront payment to support power supplies for planned semiconductor mega clusters, according to a document submitted to…...
Michael Dell’s DFO Management nears take-private deal for Baldwin Insurance Group, FT reports
8+ hour, 4+ min ago (156+ words) Sept 13 (Reuters) – Dell CEO Michael Dell’s DFO Management is nearing a take-private deal for insurance brokerage firm The Baldwin Insurance Group, the Financial Times reported on Sunday. DFO Management is in advanced talks with Baldwin over a deal which is…...
Anthropic tells investors it will be profitable for second straight quarter, FT reports
8+ hour, 34+ min ago (152+ words) Sept 13 (Reuters) - Anthropic has told shareholders that its adjusted operating income will be positive for a second straight quarter, the Financial Times reported on Sunday, citing multiple people with knowledge of the matter. Anthropic's gross... Sept 13 (Reuters) â Anthropic has…...
Anthropic selects Nasdaq for IPO, Business Insider reports
15+ hour, 5+ min ago (82+ words) Sept 13 (Reuters) - U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company's plans. (Reporting by Ananya Palyekar in B... Anthropic selects Nasdaq for IPO, Business Insider…...
Trump says ‘very negative forces’ raising exaggerated concerns over AI
16+ hour, 59+ min ago (307+ words) By Bo Erickson and Padraic Halpin DOONBEG, Ireland, Sept 13 (Reuters) – U.S. President Donald Trump said on Sunday a lot of “very negative forces” are bringing things up about AI that won’t happen and said that he wanted to make sure…...
Obama voices caution on AI, urges Democrats to tackle it, NYT says
1+ day, 2+ hour ago (297+ words) Sept 13 (Reuters) – Former U.S. President Barack Obama has warned that artificial intelligence could be “dangerous” if not properly managed, and urged Democrats to frame policy and governance agendas to tackle the issue, the New York Times said on Sunday. The…...
Australia vows to bolster resilience of telco networks after Optus outage
1+ day, 6+ hour ago (221+ words) SYDNEY, Sept 13 (Reuters) – Australia’s government pledged on Sunday to bolster resilience in the nation’s telecommunications networks after an outage at Optus, the country’s No. 2 carrier, impacted users in three states and disrupted some emergency services calls. The 76-minute technical glitch…...
Hyundai Motor to roll out in-house driver-assist system in 2029
1+ day, 7+ hour ago (380+ words) SEOUL, Sept 13 (Reuters) – Hyundai Motor Group will launch vehicles equipped with its proprietary driver-assistance software in late 2029, two years later than planned, turning to Nvidia in the interim to accelerate deployment. The South Korean automaker will partner with the U....