Business

DeepSeek is coming for Sam Altman's other company too

If OpenAI LLC were a listed company, Monday would have been a very bad day for the stock. But Chief Executive Sam Altman also happens to be chairman of another, less well-known company that is listed, a developer of nuclear ...

Machine learning & AI

OpenAI says Chinese firms try to copy US AI tech

ChatGPT creator OpenAI on Wednesday said that Chinese companies are actively attempting to replicate its advanced AI models, prompting increased security measures and closer cooperation with US authorities.

Business

Meta posts big profit, aims to take AI lead

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead.

Business

SoftBank eyes $15-25 bn investment in OpenAI: FT

Japan's SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker's biggest financial backer, the Financial Times reported on Thursday.

Automotive

EU vows 'action plan' for beleaguered auto sector

The EU promised Thursday an "action plan" to help the bloc's beleaguered auto sector as it faces mounting pressure to ease green targets for an industry beset by Chinese competition.

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