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AI-linked stocks slump after top lab CEOs call for slowing technology's development

AI-linked stocks slump after top lab CEOs call for slowing technology's development

By Gregor Stuart Hunter SINGAPORE, Sept 14 (Reuters) - AI-connected stocks fell sharply on Monday after the CEOs of the U.S. companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Nasdaq e-mini futures fell 1.3% during Asian trade.
ReutersReuters
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's development

AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's development

By Gregor Stuart Hunter SINGAPORE, Sept 14 (Reuters) - AI-connected stocks fell sharply in early Asian trading on Monday after the CEOs of the companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity.
ReutersReuters
Hyundai Motor to roll out in-house driver-assist system in 2029

Hyundai Motor to roll out in-house driver-assist system in 2029

By Hyunjoo Jin SEOUL, Sept 13 (Reuters) - Hyundai Motor Group will launch vehicles equipped with its proprietary driver-assistance software in late 2029, two years later than planned, turning to Nvidia in the interim to accelerate deployment.
ReutersReuters
OpenAI IPO will not happen in 2026 amid AI safety fears, Altman says

OpenAI IPO will not happen in 2026 amid AI safety fears, Altman says

By Lisa Baertlein LOS ANGELES, Sept 12 (Reuters) - OpenAI will not go public in 2026, CEO Sam Altman said in a Fortune interview published Saturday, citing safety concerns over artificial intelligence.
TrendlineTrendline
Hyundai Motor Group Accelerates Autonomous Driving Development, Aims to Surpass Tesla Data by 2033

Hyundai Motor Group Accelerates Autonomous Driving Development, Aims to Surpass Tesla Data by 2033

Hyundai Motor Group Accelerates Autonomous Driving Development, Aims to Surpass Tesla Data by 2033
TheStreetTheStreet
Uber stock took a hit it didn't earn over Tesla Cybercab

Uber stock took a hit it didn't earn over Tesla Cybercab

Wall Street sold Uber over a fleet that fits in one parking lot
Sportsbook WireSportsbook Wire
Arkansas Razorbacks at Utah Utes odds, picks and predictions

Arkansas Razorbacks at Utah Utes odds, picks and predictions

The Arkansas Razorbacks and the Utah Utes meet Saturday at Rice-Eccles Stadium in Salt Lake City, Utah. Kickoff is scheduled for 10:15 p.m. ET.
TheStreetTheStreet
Musk sent governments a message about the robot economy

Musk sent governments a message about the robot economy

The world's richest man put a deadline on the robot economy. The arithmetic is complicated.
USA TodayUSA Today
High school football scores: USA TODAY Sports Super 15 regional teams, Week 4

High school football scores: USA TODAY Sports Super 15 regional teams, Week 4

From upsets to blowouts, here is the USA TODAY Sports Super 15 regional high school football score recap in Week 4.
ReutersReuters
Oracle to spend $700 million more on restructuring costs as it ramps up AI spending

Oracle to spend $700 million more on restructuring costs as it ramps up AI spending

By Deborah Mary Sophia Sept 11 (Reuters) - Oracle said restructuring costs, part of a plan that includes job cuts, will rise about $700 million as the cloud company seeks to rein in costs while spending billions to capitalize on booming demand for artificial intelligence services.
ReutersReuters
Oracle climbs as AI-fueled backlog growth deflects spending worries

Oracle climbs as AI-fueled backlog growth deflects spending worries

By Deborah Mary Sophia Sept 11 (Reuters) - Oracle shares rose 6% before the bell on Friday after it reported a $26 billion jump in first-quarter revenue backlog, proving its massive debt-driven spending spree on data centers was powering strong growth in its cloud business.
ReutersReuters
US listing could put Japan's Kioxia in global AI spotlight, Voya's Thomas says

US listing could put Japan's Kioxia in global AI spotlight, Voya's Thomas says

By Rocky Swift and Miho Uranaka TOKYO, Sept 11 (Reuters) - A plan by Kioxia to list shares in the United States could put the Japanese chipmaker back into the global investment spotlight, said the lead manager of a $14 billion AI-focused fund.