1+ hour, 30+ min ago   (274+ words) NEW YORK, NY, Aug 5 (Reuters) - Crafting marketplace Etsy Inc. is laying off approximately 220 employees, or 12% of its workforce, as part of a restructuring plan it hopes will "improve coordination and speed of decision-making," the company said in a U.S. Securities and…...

3+ hour, 32+ min ago   (540+ words) (Corrects spelling of Anthropic in paragraph 8) SAN FRANCISCO, Aug 4 (Reuters) - An AI agent was caught creating fake online identities to gain unauthorized access to secure systems during tests of models from OpenAI and Anthropic which revealed a series of new…...

4+ hour, 47+ min ago   (784+ words) SAN FRANCISCO, Aug 5 (Reuters) - Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role and several leaders of its Gemini model, including veteran engineer Jeff Dean,…...

7+ hour, 23+ min ago   (195+ words) Aug 5 (Reuters) - Anthropic said on Wednesday it is building an in-house team to design custom chips for its Claude AI models, confirming an earlier Reuters report, as the startup responds to a shortage of chips needed to power and develop…...

8+ hour, 31+ min ago   (468+ words) Aug 5 (Reuters) - Thomson Reuters lifted its full-year organic revenue forecast on Wednesday, with CEO Steve Hasker saying that the Toronto-based content and technology company's focus was on investing and developing AI across its portfolio. The company said last week that…...

9+ hour, 36+ min ago   (255+ words) FRANKFURT, Aug 5 (Reuters) - Uncertainty created by wars and trade friction will continue to weigh on euro zone economic growth this year, but a shift in business investment towards intangible assets such as AI seems to be mitigating the drag, the…...

11+ hour, 56+ min ago   (229+ words) LONDON, Aug 5 (Reuters) - Britain's financial regulator said it was simplifying listing rules to make the country's stock market a more attractive place for companies to raise capital, seeking to reverse a prolonged slowdown in flotations. The Financial Conduct Authority said…...

11+ hour, 30+ min ago   (599+ words) Aug 5 (Reuters) - SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company. But investors remained concerned about how long its profitable Starlink business could continue to bankroll costly investments in data centers and…...

12+ hour, 39+ min ago   (711+ words) By Nell Mackenzie and Wayne Cole LONDON/SYDNEY, Aug 5 (Reuters) - World stock markets edged higher on Wednesday as robust earnings and renewed enthusiasm for technology shares pushed Wall Street to record highs, while hopes for progress on opening the Strait…...

1+ week, 1+ day ago   (480+ words) SINGAPORE, July 28 (Reuters) - Asian markets fell on Tuesday led by chipmakers on unease about the massive funding demands of the AI boom, while a slide in oil prices did relatively little to lift bonds and left traders nervous about U.S. rate…...