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IBM makes more AI models open source and lands Saudi Arabia deal May 21, 2024 03:04AM

By Stephen Nellis

(Reuters) - International Business Machines on Tuesday said that it will release a family of artificial intelligence models as open-source software, and that it will help Saudi Arabia train an AI system in Arabic.

The Armonk, New York-based company has taken a different approach to making money from AI than some of its rivals such as Microsoft and others that are tightly guarding their AI models and charging for access... (continue reading...)


Russia says U.S. subcritical experiment does not violate nuclear test ban treaty May 21, 2024 02:52AM

MOSCOW (Reuters) - Russia said that a U.S. subcritical experiment aimed at giving data on the behaviour of the materials used in nuclear warheads did not violate the Comprehensive Nuclear Test Ban Treaty.

The U.S. National Nuclear Security Administration (NNSA) said it had successfully executed a subcritical experiment on May 14 at the PULSE underground laboratory at the Nevada nuclear test site.

"NNSA relies on subcritical experiments... (continue reading...)


Cartier, LVMH look to stores outside Paris for Olympic retail boost May 21, 2024 02:50AM

By Mimosa Spencer and Elisa Anzolin

PARIS/MILAN (Reuters) - Luxury retailers in European cities outside France are jockeying for business from deep pocketed tourists this summer, betting on a surge in visitors avoiding crowds and street closures in Paris during the Olympic Games.

"Paris will probably be slow," with cities like London, Milan or Barcelona likely seeing a lift in traffic during the event, Cartier CEO Cyril Vigneron said on... (continue reading...)


Finland calls for EU-wide solutions to prevent migrant flow from Russia May 21, 2024 02:42AM

HELSINKI (Reuters) - Finland wants the European Union to find common measures to prevent what it calls instrumentalised migration, meaning a flow of migrants arriving from Russia without valid travel documents, Prime Minister Petteri Orpo said on Tuesday.

Finland shut its border with Russia last year to stop a growing number of arrivals from countries including Syria and Somalia, and accused Moscow of weaponising migration against it and the EU, an... (continue reading...)


BHP shares hit 3-month high as deadline for formal Anglo bid looms May 21, 2024 02:39AM

By Melanie Burton and Lewis Jackson

PERTH (Reuters) -Shares of BHP Group touched a three-month high on Tuesday about 36 hours ahead of a deadline to lodge a formal bid for rival miner Anglo American, which last week rejected a sweetened $43 billion takeover proposal.

The world's largest listed miner's shares are benefiting from good news including fresh stimulus for China's property sector, copper prices reaching record highs and a growing... (continue reading...)


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