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Nvidia shares close down on report it delays China AI chip designed to comply with U.S. export rules

November 24, 2023 by admin

Reuters, citing two sources familiar with the matter, reported that Nvidia told Chinese customers that it is delaying the launch of an AI chip that is designed to comply with …

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Gazaโ€™s economy is in ruins as Israel-Hamas war sets development back decades

November 24, 2023 by admin

Gaza’s war-battered economy is about to sink further. Unemployment rate now stands close to 100%, and its economy is “ceasing activity” indefinitely.

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Why the UK government’s tax cuts still leave workers worse off

November 23, 2023 by admin

U.K. Finance Minister Jeremy Hunt on Wednesday announced a substantial cut to National Insurance.

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OpenAI brings Sam Altman back as CEO less than a week after he was fired by board

November 22, 2023 by admin

Less than a week after he was fired as CEO by the OpenAI board, Sam Altman is back running the artificial intelligence startup.

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China’s property sector needs more government support as crisis deepens

November 21, 2023 by admin

China’s property market, which makes up a substantial chunk of the country’s economy, needs more government support to prevent further deterioration, analysts said.

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Ousted OpenAI head Sam Altman to lead Microsoft’s new AI team

November 20, 2023 by admin

Former OpenAI CEO Sam Altman will be joining Microsoft to lead a new advanced AI research team, according to Microsoft CEOย Satya Nadella.

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OpenAI investors push to bring Altman back as CEO one day after he was ousted by board

November 19, 2023 by admin

Some OpenAI investors are joining together to try to get Sam Altman to return as CEO after the board fired him on Friday

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OpenAI’s Sam Altman exits as CEO because ‘board no longer has confidence’ in his ability to lead

November 18, 2023 by admin

OpenAI’s board of directors said Friday that Sam Altman will step down as CEO and that technology chief Mira Murati will become interim CEO.

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ECB’s Lagarde: Increasing signs that the global economy is fragmenting into competing blocs

November 17, 2023 by admin

European Central Bank President Christine Lagarde said that Europe is now at a critical juncture.

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Xi says U.S. and China can only be adversaries or partners, with no middle ground

November 16, 2023 by admin

Chinese President Xi Jinping told U.S. business executives Thursday the two countries have to choose between being adversaries or partners.

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