Apr 27, 2023
FBI searches home of top FTX executive – NYT

(Reuters) - The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive Ryan Salame, the New York Times reported, citing two people with knowledge of the matter said. The FBI, Salame and…

Apr 25, 2023
Cryptoverse: Investors pick their AI race horses

By Lisa Pauline Mattackal (Reuters) - What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get billions of dollars of…

Apr 24, 2023
YouTube case at US Supreme Court could shape protections for ChatGPT and AI

By Andrew Goudsward WASHINGTON (Reuters) - When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial intelligence chatbot ChatGPT.…

Apr 20, 2023
Fed in discussions with banks about managing risks of AI: Waller

(Reuters) - The Federal Reserve has “regular discussions” with the banks it supervises about managing the risks associated with artificial intelligence, as more financial institutions utilize AI for customer service applications, fraud monitoring and underwriting, a top official at the…

Apr 19, 2023
Profit for Tesla short sellers rises in April -S3 Partners

By Caroline Valetkevitch NEW YORK (Reuters) -Tesla Inc short sellers have $2.16 billion in mark-to-market profits for April so far, but shorts remain down $5.52 billion for the year so far in mark-to-market losses, S3 Partners wrote in a research…

Apr 19, 2023
Netflix shares slip; five charts that break down its earnings

By Nivedita Balu and Tiyashi Datta (Reuters) - Netflix Inc's shares fell nearly 3% on Wednesday after the streaming pioneer forecast current-quarter revenue and profit below Wall Street estimates, hit by a delay in the wider roll-out of its solution…

Apr 18, 2023
Elon Musk says he will launch rival to Microsoft-backed ChatGPT

By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) -Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls "TruthGPT" to challenge the offerings from Microsoft and Google. He criticised Microsoft-backed OpenAI, the…

Apr 14, 2023
Elon Musk plans AI startup to rival OpenAI – FT

(Reuters) -Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans. Twitter-owner Musk is assembling a team of AI researchers and engineers,…

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