Elon Musk is suing OpenAI and CEO Sam Altman for allegedly betraying the ChatGPT maker’s original goals of advancing humanity over business interests. Billionaire Musk
Category: WORLD NEWS
Nvidia CEO says AI could outreason humans in five years, as the company achieves a $2tr valuation.
Artificial general intelligence may arrive in as little as five years, according to Chief Executive Jensen Huang’s comments on Friday. At an economic forum held
JPMorgan outsources a $500b custody business to StanChart and HSBC in Taiwan and Hong Kong.
With assets worth more than $500 billion, JPMorgan Chase has chosen HSBC and Standard Chartered to run its custody businesses in Hong Kong and Taiwan,
Chinese-made “smart cars” can be used to gather sensitive information about Americans at scale.
The Biden administration says it will look into Chinese-made “smart cars” that potentially collect private data on Americans who use them, citing possible threats to
Gottesman’s widow donates $1b to a New York medical school, the highest on record.
Samuel Woo, a first-year student, was thinking about going into cardiology so he could pay off his medical school debt, but last week he learned
Swisscom to build synergy by acquiring Vodafone Italia in an $8.65b merger deal.
Swisscom, a telecom company, announced on Wednesday that it is in discussions with Vodafone Group to acquire its Italian business for a potential 8 billion
Barclays leverages credit risk transfer with the sale of $1.1b US credit card debt to Blackstone.
Barclays has agreed to sell Blackstone around $1.1 billion in credit card debt in the US. The British bank claimed that this transaction would free
SK Telecom partners with Perplexity AI search firm to oust Google in Korea.
The largest telecom company in South Korea, SK Telecom, has partnered with the American artificial intelligence startup Perplexity to provide its consumers with an AI-powered
Broadcom is set to announce the sale of an end-user computing unit to KKR for $3.8b this week.
Chipmaker Broadcom is closing on a $3.8 billion deal to sell its business, which enables customers to access desktops and applications from any device to
US judge rules that Barclays must answer to the shareholders’ lawsuit on the $17.7b debt sale blunder.
On Friday, an American judge said that Barclays would have to deal with a proposed class action from investors who claimed the British bank had
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