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Mistral CEO has blunt take on AI safety fight, cites 'negligence'

Mistral CEO has blunt take on AI safety fight, cites 'negligence'

Arthur Mensch says the industry may be focusing on the wrong AI risk.

OpenAI's Altman says AI benefits warrant accepting some risks

OpenAI's Altman says AI benefits warrant accepting some risks

Oct 4 (Reuters) - OpenAI Chief Executive Sam Altman said the benefits of artificial intelligence justify accepting some risks and argued the technology should remain broadly accessible to the public "We believe that the world should accept some bad things happening for the benefits of this

Nasdaq notches record high close as investors focus on earnings

Nasdaq notches record high close as investors focus on earnings

By Noel Randewich and Tharuniyaa Lakshmi Oct 5 (Reuters) - The Nasdaq notched a record high close on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports.

Nasdaq hits record high as investors focus on earnings

Nasdaq hits record high as investors focus on earnings

By Noel Randewich and Tharuniyaa Lakshmi Oct 5 (Reuters) - The Nasdaq hit an all-time high on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports.

As public fears of AI grow, Trump digs in on voluntary safeguards

As public fears of AI grow, Trump digs in on voluntary safeguards

By Courtney Rozen and Alexandra Alper WASHINGTON, Oct 3 (Reuters) - US President Donald Trump spent Tuesday showcasing his administration’s approach to AI — touting the US government’s new AI chatbot, dining with tech titans at the White House, and announcing a voluntary agreement with those

Wall St futures dip as tech stocks take a breather

Wall St futures dip as tech stocks take a breather

Oct 5 (Reuters) - US stock index futures dipped on Monday, as technology stocks eased from record highs, while investors looked for fresh clues on the monetary policy path with Treasury yields and oil prices still elevated.

Nvidia, Broadcom shielded as AI power crunch hits chip supply chain, says Morgan Stanley

Nvidia, Broadcom shielded as AI power crunch hits chip supply chain, says Morgan Stanley

Oct 5 (Reuters) - Nvidia and Broadcom are relatively insulated from a worsening US data-center power crunch, but any resultant delay in AI deployments can affect makers of memory, optical and other secondary chip components, Morgan Stanley said on Monday.

S&P 500 up, Nasdaq at record high as megacap tech stocks rise

S&P 500 up, Nasdaq at record high as megacap tech stocks rise

By Tharuniyaa Lakshmi and Shashwat Chauhan Oct 5 (Reuters) - The benchmark S&P 500 rose and the Nasdaq reached all-time highs on Monday as most megacap and growth stocks advanced, though risk sentiment remained in check as Treasury yields held near multi-year highs.

AI leaders say they can't quantify the tech's risks during heated hearing

AI leaders say they can't quantify the tech's risks during heated hearing

NYC City Council Speaker Julie Menin called OpenAI's Morgan Dwyer's answer to one question on safety "flippant, at best."

Nasdaq hits record high after softer jobs data tempers rate-hike bets

Nasdaq hits record high after softer jobs data tempers rate-hike bets

By Johann M Cherian and Tharuniyaa Lakshmi Oct 2 (Reuters) - US stocks rose on Friday, pushing the Nasdaq Composite to a record high, after weaker-than-expected jobs data further reduced odds of a near-term rate hike, while lower oil prices added to the risk-on mood.

Analysis-AI's race to transform the world before the money runs out

Analysis-AI's race to transform the world before the money runs out

By Stephen Eisenhammer LONDON, Oct 3 (Reuters) - Never has so much cash flowed into a new technology as is pouring into AI, eclipsing the sums splurged on railways or the internet when those technological revolutions sucked in capital.

U.S. Authorities Uncover Black Market Network Smuggling Restricted Nvidia Chips to China

U.S. Authorities Uncover Black Market Network Smuggling Restricted Nvidia Chips to China

A global crackdown has exposed a black-market network actively smuggling restricted Nvidia chips into China. This illicit operation utilizes Southeast Asian hubs and third-party supply chains to bypass stringent U.S. export controls. The methods employed include the use of fake records, altered serial numbers, and the establishment of shell companies. These smuggled chips are reportedly reaching Chinese firms, including DeepSeek. While Nvidia maintains full legal compliance and downplays the volume of diverted products, U.S. officials and critics are highlighting significant weaknesses in enforcement and existing regulatory loopholes. This ongoing issue underscores the challenges in controlling the flow of advanced technology amidst geopolitical tensions and the high demand for AI-capable hardware.