At the artificial intelligence summit held last week in Seoul, companies operating in the AI industry reached an agreement on the application of the so-called kill switch policy, which provides for stopping the process of developing configurations of the advanced technology if certain risk thresholds are exceeded.
Mistral AI, a French startup launched last year that positions itself as a competitor to OpenAI, specializes in developing artificial intelligence tools adapted for use by European consumers, but already has plans to wide operations in the United States market.
Rows reported that it managed to raise 8 million euros (about $8.7 million).
OpenAI on Tuesday, May 28, announced the creation of a safety and security committee in the structure of this company.
Leading Chinese researchers advise Beijing to step up its efforts to raise large amounts of foreign investment by focusing on its role in the Asian supply chain and using Hong Kong’s offshore position for appropriate purposes.
In China, a significant increase in sales of Apple’s iPhone smartphones was recorded in April.
BIS report revealed that most of its central bank members are adopting generative AI to enhance their internal cybersecurity measures. Moreover, they see immediate results of such implementation.
Governor of the Bank of Japan Kazuo Ueda and his deputy said that after this Asian country shifted away from the 0% inflation norm, opportunities for a gradual increase in interest rates were formed.
The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.
According to the results of a study conducted by employees of the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, Chinese families who belong to the middle-class category continue to take a cautious approach in the context of their spending issues.
China has set up the largest investment fund in the history of this Asian country dedicated to the development of homegrown chips, which is especially important for Beijing at the current historical moment characterized by a high level of geopolitical tension.
Startup xAI, which operates in the artificial intelligence industry, raised $6 billion in investment funds.
Mastercard and the African Development Bank Group have formed an alliance to provide access to critical services to 100 million people and businesses in Africa.
The price of Ethereum has hardly shown any changes even though the United States Securities and Exchange Commission (SEC) has approved the accelerated launch of Ether exchange-traded funds (ETFs).
Walmart and Amazon are long-time competitors that strive to gain young customers, from time to time offering solutions designed to improve their positions in this market struggle.
The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.
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