EV startups from Lucid to Rivian see demand fade, supply chain issues linger
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) – U.S. electric vehicle (EV) startups are seeing an unsettling trend, with demand evaporating as potential customers look for deals or…
China’s Weibo ups stake in Inmyshow Digital with $315 million acquisition
By Archishma Iyer (Reuters) – China’s Weibo Corp said on Wednesday it was raising its stake in Shanghai-listed media marketing firm Inmyshow Digital Technology Group Co Ltd through the acquisition…
China eases data security deadline pressure for multinational companies
By Josh Ye HONG KONG (Reuters) – Chinese regulators have eased some deadline pressure on multinational companies struggling to comply with new rules requiring them to seek approval to export…
Zoom jumps on AI bandwagon, forecasts upbeat 2024 profit targets
By Tiyashi Datta (Reuters) – Zoom Video Communications Inc said on Monday it will integrate more artificial intelligence into its products and forecast annual profit above Wall Street estimates, sending…
Korean Telecommunication Companies to Build Smarter AI Assistants
Open AI’s Chat GPT is making headlines thanks to its impressive human-like conversation and research skills. It’s easy to find people writing reports or making videos online using the tool. What if…
Alibaba beats quarterly revenue estimates as COVID curbs ease
By Eva Mathews (Reuters) – Alibaba Group Holding Ltd reported better-than-expected quarterly revenue on Thursday, helped by its efforts to cut costs and China’s easing of COVID-19 curbs. The e-commerce…
World’s first robot lawyer to advise a defendant in US court
World’s first robot lawyer, powered by artificial intelligence, is about to advise a defendant in a traffic infringement matter in a US court. The robot manufactured by the company DoNotPay utilizes AI…
For tech giants, AI like Bing and Bard poses billion-dollar search problem
By Jeffrey Dastin and Stephen Nellis MOUNTAIN VIEW, Calif. (Reuters) – As Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge…
MusicLM, Google’s AI that turns text into music
Google announced that it has developed MusicLM, an artificial intelligence capable of creating music from a textual request. Following the success of ChatGPT, which brought textual generative AI to the fore, huge…
U.S., China, other nations urge ‘responsible’ use of military AI
By Toby Sterling THE HAGUE (Reuters) – More than 60 countries including the U.S. and China signed a modest “call to action” on Thursday endorsing the responsible use of artificial…