Artificial intelligence labs have been urged by Elon Musk and numerous other tech industry figures to stop training AI systems more powerful than GPT-4.Story Published at: March 29, 2023 at 01:23PM
Elon Musk and other tech leaders call for pause on ‘dangerous race’ to make A.I. as advanced as humans
Saudi Arabia takes step to join China-led security bloc, as ties with Beijing strengthen
The Saudi decision to join the China-led SCO comes within weeks of Beijing brokering talks for arch-rivals Tehran and Ryiadh to resume diplomatic relations.Story Published at: March 29, 2023 at 12:25PM
‘Call of duty’: With Sergio Ermotti, Switzerland gets a cost-cutting local to restore its reputation
New UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the Swiss veteran takes on the task of restoring order to the country’s bruised financial system.Story Published at: March 29, 2023 at 11:48AM
Bitcoin climbs 5% above $28,000 as investors shrug off regulatory crackdowns
Bitcoin surged 5% in the past 24 hours to as high as $28,474, retaking the $28,000 level after dipping below it on Monday.Story Published at: March 29, 2023 at 11:36AM
Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes for years
The bank notoriously pleaded guilty in 2014 to criminal charges for “knowingly and willfully” helping U.S. clients hide offshore assets and income from the IRS.Story Published at: March 29, 2023 at 11:30AM
Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO
The latest overhaul in Alibaba’s business announced overnight could be seen as calls for renewed interest for the $34.5 billion listing of Ant Group.Story Published at: March 29, 2023 at 09:09AM
CNBC Daily Open: UBS gets a new (old) Group CEO
UBS gets a new Group CEO, and U.S. regulators said they favor more stringent rules on banks. Big changes are coming to banks.Story Published at: March 29, 2023 at 07:46AM
UBS names Sergio Ermotti as its new CEO, following acquisition of Credit Suisse
Story Published at: March 29, 2023 at 06:04AM
With ChatGPT hype swirling, UK government urges regulators to come up with rules for A.I.
The U.K. published a white paper for artificial intelligence. The plans come as generative AI has driven hype around the technology to frenzied levels.Story Published at: March 29, 2023 at 05:18AM
U.S.-China tech rivalry will continue to put Chinese firms under intense scrutiny
Chinese companies will continue to face scrutiny from the U.S. as geopolitical tensions and competition will not ease soon, said a political analyst.Story Published at: March 29, 2023 at 04:28AM