9+ hour, 3+ min ago   (585+ words) NEW YORK, Aug 5 (Reuters) – JPMorgan Chase CEO Jamie Dimon is urging corporate leaders to join a U.S.-focused industry group to address risks posed by AI, as corporate America rapidly adopts the developing technology, two sources familiar with the matter said....

17+ hour, 2+ min ago   (362+ words) By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG Aug 5 (Reuters) – Shares of Chinese optical module makers such as Zhongji Innolight slumped on Wednesday after a Reuters report that the Trump administration was drafting a ban ​on U.S. imports…...

1+ day, 1+ hour ago   (328+ words) Aug 4 (Reuters) – Recently listed U.S. shares of SK Hynix rose 5% after six brokerages started coverage of the South Korean chipmaker with bullish ratings, citing its ​dominance in the booming AI memory market and access to ‌a broader global investor base....

1+ day, 1+ hour ago   (1317+ words) LONDON, Aug 4 (Reuters) – Cloud computing giant Oracle Corp is on the cusp of a junk-grade credit rating and its shares have tanked as the artificial intelligence hyperscaler becomes the fall guy of investors’ concerns over the sector’s debt-fuelled spending binge....

1+ day, 1+ hour ago   (276+ words) WASHINGTON, Aug 4 (Reuters) – The Trump administration told AI developers on Tuesday that it will not put open-weight AI models through voluntary ​safety tests, according to two sources familiar with ‌the discussions. Open models, including Nvidia’s Nemotron and Meta’s Llama, are…...

1+ day, 4+ hour ago   (255+ words) Aug 4 (Reuters) – Volta Infra, a seven-month-old AI infrastructure startup, said it raised funds at a $2.4 billion valuation and landed a $10 billion ​contract with an unnamed AI company to ‌provide cloud-computing services in Europe alongside Bitdeer Technologies. The startup has also…...

1+ day, 1+ hour ago   (193+ words) Aug 4 (Reuters) – Jefferies has been told that some of the invoices underpinning its financing to an ​iron ore trader called Sapphire ‌Minmetals Corp are not genuine, Bloomberg News reported on Tuesday. The discovery, which came after Jefferies checked the veracity…...

1+ day, 9+ hour ago   (1059+ words) WASHINGTON, Aug 4 (Reuters) – SpaceX is increasingly reserving space on its rockets to launch its own Starlink satellites, crowding out rival space companies that have long depended on Elon Musk’s company to get their payloads into orbit. Starlink’s share of SpaceX…...

2+ day, 1+ hour ago   (366+ words) LONDON, Aug 3 (Reuters) – Britain would consider regulating advanced AI models if its current voluntary system for testing them before deployment no longer proved sufficient to protect the public, ​AI Minister Kanishka Narayan told Reuters. Britain has favoured a light-touch approach…...

2+ day, 1+ hour ago   (392+ words) WASHINGTON, Aug 3 (Reuters) – Meta, Anthropic, OpenAI and Google have been invited to meet White House officials on Tuesday to discuss voluntary government safety testing for the most advanced U.S. AI models, according to three sources familiar with the matter and…...