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Foxconn beats estimates with record third-quarter revenue on AI demand

TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand...

Canada ponders ‘top secret’ data cloud as allies push ahead with intelligence-sharing plans

Australia is joining the United States and the United Kingdom in developing top-secret cloud networks to exchange highly classified defence, national security and intelligence data...

SoftBank’s Son Sees AI Running Households in a Few Years

(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son sketched out one of the most aggressive timelines for the adoption of artificial intelligence yet, envisioning...

Judge blocks new California law cracking down on election deepfakes

SACRAMENTO, Calif. (AP) — A new California law allowing any person to sue for damages over election deepfakes has been put on pause after...

Dockworkers join other unions in trying to fend off automation, or minimize the impact

NEW YORK (AP) — The massive port workers' strike that has shut down all the major dockyards on the Eastern seaboard of the U.S....

Dockworkers join other unions in trying to fend off automation, or minimize the impact

NEW YORK (AP) — The massive port workers' strike that has crippled all the major dockyards on the Eastern seaboard of the U.S. is...

Canada’s BMO appoints chief artificial intelligence and data officer

(Reuters) - Bank of Montreal said on Wednesday it has named Kristin Milchanowski as its chief artificial intelligence and data officer, as the financial...

Dalio, Abu Dhabi Royal’s G42 Said to Shelve Investment Venture

(Bloomberg) -- Ray Dalio’s family office and Sheikh Tahnoon bin Zayed Al Nahyan’s artificial intelligence firm G42 have abandoned plans to set up an...

Gavin Newsom Vetoes California’s Contentious AI Safety Bill

(Bloomberg) -- California Governor Gavin Newsom has vetoed a contentious artificial intelligence safety bill that would have required companies to make sure their AI...

Newsom vetoes US’s first bill aimed at regulating large-scale artificial intelligence

California Governor Gavin Newsom vetoed a first-of-its-kind state bill that would potentially enact the most impactful artificial intelligence regulation in the country.The measure, known...

Mark Cuban warns the U.S. must win the AI race ‘or we lose everything’

Billionaire investor Mark Cuban warned the stakes couldn't be higher for the U.S. in the global competition for leadership in artificial intelligence.In an interview...

OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says

Artificial intelligence startup OpenAI expects massive losses this year, but revenue over the next five years will continue to be explosive as the company...

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