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EU proposes new copyright rules for generative AI
Companies using generative AI tools, such as ChatGPT, would be required to declare any copyrighted content used in the development of their systems, according...
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OpenAI closes $300 million funding round at $27 billion-$29 billion valuation
OpenAI, the company behind the ChatGPT chatbot, has closed a more than $300 million share sale at a valuation between $27 billion and $29...
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Amazon’s cloud warning frightens investors
Amazon.com Inc's (AMZN.O) profitable cloud business is stalling, and investors are concerned. Amazon's cloud business dipped in April, resulting in the company's worst quarterly growth...
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US judge has denied Google’s motion to dismiss the advertising antitrust case
A federal court in the United States dismissed Google's move to dismiss a Department of Justice antitrust case involving advertising technology on Friday, saying...
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Pinterest and Snap are down 18% as forecasts disappoint investors
Pinterest Inc (PINS.N) and Snap Inc (SNAP.N) both saw their shares fall roughly 18% on Friday after the two social media companies' quarterly reports...
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Five dead in Texas shooting, armed suspect on the loose
A gunman shot dead five neighbors including an 8-year old child after some of them had asked the man to stop shooting a semiautomatic...
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Concerns over TikTok prompt Commerce to disclose efforts to secure US data
The Biden administration outlined efforts this week to address growing U.S. national security concerns on foreign companies' handling of Americans' data. Commerce Secretary Gina Raimondo...
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