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Yellen: AI Could Become a Threat to Financial Stability
Artificial intelligence (AI) could become a threat to financial stability, according to US Treasury Secretary Janet Yellen. U.S. regulators must make that topic their top priority next year.
Yellen said this during a US Financial…
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Chip Company Nvidia Wants to Set Up a Base in Vietnam
The major American chip group Nvidia wants to set up a base in Vietnam to help develop the semiconductor industry in the Asian country. Nvidia CEO Jensen Huang said this during a visit to Vietnam and a meeting with Prime Minister Pham Minh…
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Google Launches New Model for Artificial Intelligence
Google is introducing a new artificial intelligence (AI) technology. The model has been given the name Gemini. Google itself calls the launch "a major milestone in the development of AI and the beginning of a new era for us".
…
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Cost Structure Forces Spotify to Make Major Layoffs
Spotify wants to lay off 17 percent of its employees. CEO Daniek Ek points to more expensive capital, despite the company having more listeners and better figures.
Music streamer Spotify had 9,241 employees in September. This would…
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Airline EasyJet Makes High Profits Thanks to Strong Demand
The British budget airline easyJet has made a significant profit in the past financial year. The company took full advantage of the high demand for air travel in Europe thanks to the strong recovery of aviation from the coronavirus…
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Russia Bombs Hospital and Mine in Eastern Ukraine
According to Kyiv, eastern Ukraine again became the target of Russian aerial bombardments in the night from Monday to Tuesday. The hospital in the town of Selydove, on the frontline in the Donbas, was hit.
The Ukrainian General…
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Sam Altman Not Returning as Director of OpenAI
The dismissed CEO Sam Altman of ChatGPT parent company OpenAI will not return to the company as director, reports The Information. Attempts by executives within the company to bring him back have been unsuccessful.
According to the…
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Study: Companies are Doing Less to Reduce Their Carbon Emissions
Companies' efforts to combat CO2 emissions are weakening, reports financial analysis agency MSCI. The American organization concludes that, at the current state of affairs, large listed companies will emit too much in 2026 to limit global…
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