Business

OpenAI on Tuesday said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 billion.... Read more

A scrawny hippie and a nerdy engineer who became prank-playing friends vowed to change the world when they founded a Silicon Valley startup on April Fools' Day 50 years ago and then—no joke—pulled it off.... Read more

Britain's competition watchdog announced plans on Tuesday to launch an investigation into Microsoft's business software systems, under new measures targeting the dominance of technology giants.... Read more

In the early 1970s, the idea of an ordinary person owning a computer sounded absurd. Computers back then were more like aircraft carriers or nuclear power plants than household appliances—vast machines housed in data centers operated by teams of specialists, serving governments, universities and large corporations.... Read more

Juries in federal and state courts said this week in a pair of bellwether cases that tech companies are liable for public health harms to young users on their platforms. The decisions represent a blow to the broad protections long enjoyed by firms against legal liability for user content posted... Read more

Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can deliver yet another culture-changing innovation.... Read more

Last week leading chipmaker Nvidia announced DLSS-5 (Deep Learning Super Sampling), a new artificial intelligence (AI) rendering tool it describes as a "breakthrough in visual fidelity for games." The software takes low-resolution images and uses AI to upscale them, adding what Nvidia calls "photoreal lighting and materials."... Read more

A landmark California verdict that found the social media company Meta and video-sharing service YouTube liable for the depression and mental health challenges of a young woman could be "the beginning of a tidal wave," a social media expert said.... Read more

For years, Washington has been debating who gets to regulate cryptocurrency. The Securities and Exchange Commission (SEC) says many tokens are securities, like stocks, and should fall under its authority. The Commodity Futures Trading Commission (CFTC) says many are commodities, like gold, and belong in its jurisdiction. The crypto industry,... Read more

Soft, dark-gray graphite is not just useful in pencils: The highly conductive and heat-resistant mineral is uniquely suited for advanced manufacturing. Yet the United States imports nearly half of the graphite it needs to forge steel, batteries, and manufacturing equipment from China, which currently supplies the majority of global graphite.... Read more

Amid the rapid expansion of artificial intelligence and the debate on how it should be regulated, research by the Universitat Oberta de Catalunya (UOC) examines a key question: who sets the rules and through what infrastructure. The article, published in the journal AI & SOCIETY, is authored by UOC doctoral... Read more

Irrespective of the ethics and the apocalyptic predictions, artificial intelligence (AI) has already become a central component of economic and institutional decision-making. Research in the International Journal of Intelligent Systems Design and Computing has gone beyond an industry-specific analysis of the state-of-the-AI-art and offers a detailed framework of how the... Read more

In the high-stakes world of product innovation, companies often face a paradox: adopting cutting-edge technology—such as biosensors that monitor heart rate and stress or energy-efficient chips that enable continuous health tracking in wearable devices—can make or break a product, but the methods used to evaluate these decisions are often outdated,... Read more

The way we watch TV, listen to music, order groceries and take photos has changed in the past decade or so. For many of us, all of these activities involve a monthly payment.... Read more

In a span of two days following news that the Tumbler Ridge perpetrator's ChatGPT account had been flagged prior to the shooting, OpenAI CEO Sam Altman met with Federal AI Minister Evan Solomon and British Columbia Premier David Eby.... Read more