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AI-linked Asian stocks slump after top lab CEOs call for slowing down technology’s development
8+ hour, 16+ 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
8+ hour, 21+ 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…...
Nepal tunnel survivor finds solace in village homecoming
22+ hour, 11+ min ago (447+ words) TILATHI KOILADI, Nepal, Sept 13 (Reuters) – After nine days trapped in a hydropower tunnel and a week of hospital care following his dramatic rescue, Sanjay Sah, a rare survivor of last month’s devastating glacier collapse in Nepal, finally returned to his…...
South Korea’s expanded espionage law takes effect amid push to protect chip technology | The Mighty 790 KFGO | KFGO
1+ day, 11+ hour ago (269+ words) SEOUL, Sept 13 (Reuters) – South Korea’s expanded espionage law takes effect on Sunday, broadening espionage offences beyond acts involving North Korea to include all foreign countries as Seoul seeks to protect key technologies amid intensifying competition in semiconductors and other strategic…...
Tencent-backed Enflame triples in Shanghai debut as China AI chip bets surge
3+ day, 10+ hour ago (444+ words) By Yantoultra Ngui and Samuel Shen HONG KONG/SHANGHAI, Sept 11 (Reuters) – Chinese artificial intelligence chipmaker Shanghai Enflame Technology surged about 200% in its Shanghai debut on Friday, after the Tencent-backed company raised 6.12 billion yuan ($912 million) in its initial public offering. The…...
Europe drives global EV sales growth in August, offsetting China, North America weakness
3+ day, 12+ hour ago (187+ words) Sept 11 (Reuters) – Global demand for electric vehicles rose for a sixth consecutive month in August, with Europe leading the growth, data from UK-based research firm Benchmark Mineral Intelligence showed on Friday. Sales of battery-electric and plug-in hybrid vehicles show growing…...
Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports
3+ day, 14+ hour ago (89+ words) The Mighty 790 KFGO Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports Sept 10 (Reuters) – The Pentagon is in talks to lend roughly $5 billion to AI cloud-computing startup Fluidstack to shore up the U.S. data-center supply…...
Exclusive-Major Novartis shareholder calls for board shake-up after drug trial setbacks
3+ day, 21+ hour ago (526+ words) By Oliver Hirt and Marleen Kaesebier ZURICH, Sept 10 (Reuters) – A major shareholder in Novartis has called for a shake-up of the Swiss drugmaker’s board to improve corporate governance after its shares suffered a record fall this week following back-to-back trial…...
ECB’s Lagarde rejects French far-left leader’s debt-cancellation plan as ‘financially dangerous’
3+ day, 21+ hour ago (232+ words) BERLIN, Sept 10 (Reuters) – European Central Bank President Christine Lagarde on Thursday rejected French far-left leader Jean-Luc Mélenchon’s plan to cancel a portion of France’s national debt, calling it “financially dangerous” and legally impossible under EU law. Mélenchon has proposed cancelling…...
JD.com’s Ceconomy concessions face criticism from rivals, sources say
3+ day, 21+ hour ago (210+ words) BRUSSELS, Sept 10 (Reuters) – JD.com’s concessions to ease EU subsidy concerns about the Chinese e-commerce giant’s $2.5 billion purchase of German electronics retailer Ceconomy have prompted criticism from competitors, people familiar with the matter told Reuters. They said the European Commission,…...