A professor who worked on the creation of Nadine, a social robot driven by artificial intelligence (AI) and equipped with human-like movements and expressions, believes that she may one day play a significant role in caring for the old and… Read More ›
Entrepreneurship
OpenAI, The Company Behind ChatGPT, Claims It Is Intensifying Efforts To Stop AI From “Going Rogue”
OpenAI, the company that developed ChatGPT, announced on Wednesday that it will devote major resources to the effort and establish a new research team to examine how to make artificial intelligence that eventually controls itself safe for people. “The vast… Read More ›
Japan’s Businesses Provide The Largest Pay Increases In 30 Years, And Wage Growth Broadens
According to the largest trade union in Japan, companies this year delivered the largest wage increases in three decades. Economists predict that this move would help boost sluggish consumer demand. A Rengo study revealed that wage increases that were first… Read More ›
TSMC’s Founder Says National Considerations Are Trumping Globalisation In Technology
According to the retiring founder of Taiwanese chipmaker TSMC, globalisation is taking a backseat to concerns like national security and technological leadership, and U.S.-China relations are more about rivalry than cooperation. Morris Chang, who founded Taiwan Semiconductor Manufacturing Co Ltd… Read More ›
Deeper Slump In US Manufacturing, Subdued Pressure On, Factory Gate Prices
Even though U.S. manufacturing fell even more in June, to levels last seen when the country was still recovering from the COVID-19 pandemic, pricing pressures at the factory gate kept falling, which was good news for the economy. According to… Read More ›
With The Rise In Tech Stocks, Apple Becomes The First $3 Trillion Company In History
Apple Inc. became the first corporation in the world to reach a market value of $3 trillion, helped along by forecasts that the Federal Reserve would raise interest rates more gradually and optimism for the company’s growth into new markets…. Read More ›
EU And Japan Are Looking To Collaborate On Artificial Intelligence And Chips
The European Union wants to work more closely with Japan on important technologies like artificial intelligence, according to the industry leader of the coalition, as it seeks to lessen its reliance on China in some areas. Artificial intelligence will be… Read More ›
Nvidia Expects China’s Export Restrictions To Result In A Permanent Loss Of Opportunity
Although the business anticipated no immediate substantial impact, Nvidia’s financial leader claimed that limits on artificial intelligence chip shipments to China “would result in a permanent loss of opportunities for the U.S. industry.” According to two people with knowledge of… Read More ›
Ford CEO Says Britain Should Adhere To EU Regulations To Keep Costs Down
According to the CEO of Ford, Britain should continue adhering to EU auto laws to prevent escalating consumer costs. Tim Slatter’s remarks come as automakers get ready for the first significant examination of Britain’s post-Brexit trade agreement with the EU…. Read More ›
After The Weekend Mutiny, Investors Are Once Again Focused On Russia
When markets opened later on Sunday, some investors were keeping an eye out for any fallout from a failed mutiny that occurred in Russia on Saturday. They anticipated a shift towards safe haven assets like U.S. government bonds and the… Read More ›