(Reuters) - Britain's competition watchdog said on Friday the partnership between Microsoft and Mistral AI did not qualify for an investigation.
The announcement comes after the Competition and Markets Authority (CMA) said in April it was seeking comments on the AI partnerships between the firms, as well as between Amazon and Anthropic.
At the time, the regulator said it had not formed any conclusions on whether the deals fell within UK... (continue reading...)
Investing.com -- Tesla is moving forward with plans to use data from China to underpin the global development of its self-driving technology, Reuters reported on Friday, citing people with knowledge of the work.
The electric carmaking giant may also process this data within China, Reuters said. Recent efforts by Tesla (NASDAQ: TSLA) had reportedly focused on persuading regulators in Beijing to allow the company to transfer data generated for its "Full Self Driving"... (continue reading...)
Stock market bulls regained control in May after April's decline interrupted an impressive five-month run from November to March, during which the market rose each month, with the S&P 500 gaining 25.3%.
Last month saw the market witness a brief correction of 3-6%, albeit faster than many had anticipated.
The rebound in May comes as economic and hawkish Federal Reserve concerns were swiftly replaced by unexpectedly mild economic and inflation readings, rekindling... (continue reading...)
(Reuters) -Reddit has partnered with OpenAI to bring its content to popular chatbot ChatGPT, the companies said on Thursday, sending the social media platform's shares up 12% in extended trade.
The deal underscores Reddit's attempt to diversify beyond its advertising business, and follows its recent partnership with Alphabet to make its content available for training Google's AI models.
ChatGPT and other OpenAI products will use Reddit's... (continue reading...)
By Zaheer Kachwala
(Reuters) -Take-Two Interactive Software tempered expectations for fiscal 2025 bookings on Thursday, after setting the release of "Grand Theft Auto VI" in the fall of calendar 2025.
Shares of the New York-based company fell 2.5% in extended trading.
The forecast reflects the new launch timing for the hotly-anticipated title, the company said, which is expected to be an instant hit with billions of dollars in... (continue reading...)
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