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Hyundai Motor to roll out in-house driver-assist system in 2029
12+ hour, 22+ min ago (380+ words) SEOUL, Sept 13 (Reuters) – Hyundai Motor Group will launch vehicles equipped with its proprietary driver-assistance software in late 2029, two years later than planned, turning to Nvidia in the interim to accelerate deployment. The South Korean automaker will partner with the U....
OpenAI IPO will not happen in 2026 amid AI safety fears, Altman says
15+ hour, 46+ min ago (387+ words) “I actually think that, given everything happening with safety, right now would be an ill-advised moment to go public, and we don’t feel pressure on that,” Altman told Fortune. Growing numbers of U.S. lawmakers are calling for new rules…...
Tesla signals Oct 1 launch for long-delayed Roadster
16+ hour, 6+ min ago (186+ words) Sept 12 (Reuters) – Tesla on Saturday posted a countdown on its website pointing to an October 1 launch of the Roadster, nearly a decade after the electric-vehicle maker first revealed a next-generation version of its original sports car. • Tesla posted “Go for…...
Larry Ellison cancels plan to sell Oracle stock
17+ hour, 46+ min ago (284+ words) Sept 12 (Reuters) – Oracle Executive Chairman Larry Ellison has canceled his plan to sell 50 million shares of Oracle stock, the company said on Saturday. “No Oracle stock was sold under that plan, and he has no other plans to sell any…...
Anthropic CEO urges AI companies to slow model development
22+ hour, 1+ min ago (144+ words) Sept 12 (Reuters) - Anthropic CEO Dario Amodei called on AI companies to deliberately moderate the rate at which they advance model capabilities, outlining a three-step framework intended to pace development and create more time to manage its ... Sept 12 (Reuters) â Anthropic…...
AI startup Discovery Loop seeks around $50 billion valuation, Business Insider reports
1+ day, 12+ hour ago (147+ words) Sept 11 (Reuters) – AI startup Discovery Loop is seeking to raise funds again at a valuation of $50 billion, the Business Insider reported on Friday, citing people familiar with the matter. • Terms of the deal could change, and there is no guarantee…...
Exclusive-Nvidia in talks to invest in Anthropic’s mega IPO, sources say
1+ day, 13+ hour ago (315+ words) By Krystal Hu and Milana Vinn Sept 11 (Reuters) – Anthropic is in talks to bring Nvidia as an anchor investor into what could be the largest IPO in history, two people familiar with the matter told Reuters. Anthropic is seeking to…...
Altman tells staff OpenAI is open to slowing AI development, Bloomberg News reports
2+ day, 9+ hour ago (253+ words) Sept 10 (Reuters) – OpenAI Chief Executive Sam Altman told employees at a company meeting this week that the firm was open to slowing development of its AI systems, Bloomberg News reported on Thursday, citing sources, amid growing concern about the safety…...
California enacts new curbs on social media for children
2+ day, 10+ hour ago (522+ words) LOS ANGELES, Sept 10 (Reuters) – California Governor Gavin Newsom signed into law on Thursday new tech company restrictions barring children under 16 from exposure to behaviorally addictive features on social media platforms and banning toys containing AI companion chatbots. The two measures…...
Tencent-backed Enflame surges 188% in Shanghai debut after $912 million IPO
2+ day, 10+ hour ago (135+ words) HONG KONG/SHANGHAI, Sept 11 (Reuters) – Chinese artificial intelligence chipmaker Shanghai Enflame Technology opened 188% higher in its Shanghai debut on Friday, after the Tencent-backed company raised 6.12 billion yuan ($912 million) in its initial public offering. The stock opened at 410 yuan versus its…...