Business News

BEIJING, Aug 13 (Reuters) – Chinese artificial intelligence startup DeepSeek formally released its V4 Pro model on Thursday, pricing it several times higher than its V4 Flash model as it seeks to turn stronger benchmark performance into a premium flagship offering. DeepSeek’s V4-Pro-0813 is ‌priced at $1.32 per million input tokens and $3.96 per million […]

Aug 14 (Reuters) – Nvidia (NVDA.O), opens new tab has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially guarantee less ‌than $120 billion, down from the $250 billion previously discussed, the Wall Street Journal reported on Friday, citing people familiar with the matter. The ​Journal said Nvidia and

Aug 7 (Reuters) – OpenAI said on Friday it cannot rule out that its upcoming AI model, Astra, has “critical” cybersecurity capabilities, prompting the startup to pause some internal development and trigger safety protocols. Under OpenAI’s ‌safety guidelines, a model reaches the “critical” threshold if it can autonomously identify and exploit severe, real-world software vulnerabilities, known

SAO PAULO, Aug 7 (Reuters) – Brazil’s central bank said on Friday that some cryptocurrency transfers will ‌have to be delayed by up to 24 hours under new anti-fraud rules.  The central bank said the ​move reflects the growing use ⁠of virtual assets, including ​stablecoins, to quickly move money obtained ​through financial scams. The rule, which takes

BRUSSELS, July 31 (Reuters) – The European Commission is in talks with OpenAI and Anthropic over recent hacking incidents involving their AI models, Commission officials said on Friday, ‌as they touted landmark EU rules requiring strict monitoring of high-risk systems. Europe’s AI Act, which kicks in on August 2, is the first legislation in the world to

July 31 (Reuters) – Alphabet’s (GOOGL.O), opens new tab Google said on Friday it was rolling back an AI image-generation feature it had introduced in Google Earth just a day ago, after users shared ‌images that appeared to violate the company’s policies. The feature, powered by Google’s Nano Banana 2 AI model, had allowed users to generate photorealistic

SAN FRANCISCO, July 24 (Reuters) – Anthropic on Friday launched Opus 5, its latest AI model that the startup says nears the capabilities of its more powerful cousin Fable 5 at half the price. The San Francisco-based lab said the new Claude AI model ⁠was well suited for daily office and computer programming tasks. In an interview

FARNBOROUGH, England, July 24 (Reuters) – For Hassan Butt, a 17-year-old British student volunteering at the Farnborough airshow this week, there was nothing cooler than watching the planes and thinking about the physics that kept them airborne.   “Everyone when they’re kids, they ‌look up, they see the planes flying and they think, damn…” he