Business and Economy

Business and Economy Latest News

News Corp makes deal to let OpenAI use its content
News Corp makes deal to let OpenAI use its content
by  AFP

News Corp on Wednesday announced a deal to let ChatGPT-maker OpenAI use content from its publications in artificial intelligence products. Authors, artists, and news groups have been accusing OpenAI and its rivals in the generative artificial intelligence market of using copyrighted content for training models without asking permission or paying.

US lawmakers seek to clean up crypto regulation 'food fight'
US lawmakers seek to clean up crypto regulation 'food fight'
by  AFP

The US House of Representatives on Wednesday adopted a bill that would create a new legal framework for digital currencies, in a move cheered by crypto supporters but opposed by consumer groups who say it fails to protect investors.

Nvidia profits soar on demand for AI power
Nvidia profits soar on demand for AI power
by  AFP

Nvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial intelligence in data centers. The California-based company reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took in during the same fiscal quarter last year.

Energy

Money

Industry

Technology

Economy