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OpenAI to announce ChatGPT product improvements Monday May 13, 2024 05:06AM

By Anna Tong

(Reuters) - ChatGPT-maker OpenAI plans to announce on Monday updates to its flagship chatbot as its most advanced AI model GPT-4, which "feels like magic," CEO Sam Altman said on X on Friday.

The company said on X that it will hold a livestream conference on Monday at 10am PT (1700 GMT) to "demo some updates to ChatGPT and GPT-4."  

Reuters last week reported that the Microsoft-backed startup was planning an... (continue reading...)


Tencent Music beats quarterly revenue estimates May 13, 2024 05:07AM

(Reuters) - China's Tencent Music Entertainment Group beat first-quarter revenue estimates on Monday, thanks to steady growth in paid subscriptions and advertising services on its Spotify-like music streaming platform.

The audio entertainment platform reported revenue of 6.77 billion yuan ($935.9 million) for the quarter ending March 31. Analysts were expecting revenue of 6.63 billion yuan, according to LSEG data.

The company has... (continue reading...)


EU countries approve law to slash trucks' CO2 emissions May 13, 2024 05:13AM

By Kate Abnett

BRUSSELS (Reuters) - European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free.

The law will enforce a 90% cut in CO2 emissions from new heavy-duty vehicles by 2040. That means manufacturers will have to sell a large share of fully CO2-free trucks - including electric... (continue reading...)


Polar Semiconductor set to gain US government grant of $120 million May 13, 2024 05:10AM

By David Shepardson

WASHINGTON (Reuters) - Polar Semiconductor is set to receive a $120 million U.S. government grant to expand its plant in Minnesota, which will allow the company to double its U.S. production capacity of sensor and power chips within two years.

The award, part of the Biden administration's $52.7 billion semiconductor manufacturing and research subsidy program, follows an agreement by Polar's current owners to sell down... (continue reading...)


US, China meet in Geneva to discuss AI risks May 13, 2024 05:03AM

By Michael Martina and Trevor Hunnicutt

WASHINGTON (Reuters) - The U.S. and China will meet in Geneva to discuss advanced artificial intelligence on Tuesday, U.S. officials said, stressing that Washington's policies would not be up for negotiation even as the talks explore mitigating risks from the emerging technology.

President Joe Biden's administration has sought to engage China on a range of issues to reduce miscommunication between... (continue reading...)


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