Tag: companies
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Major Japanese beer companies raided over accusations of cartelisation
TOKYO, Oct 7 : Japan’s Fair Trade Commission raided the country’s four major beer makers on Wednesday on suspicion of cartelisation in sales of beer and other products to wholesalers, the companies said.• The companies are Kirin Holdings Co, Asahi Group Holdings, Sapporo Holdings and Suntory Holdings. All f
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Google enters massive 3.6-GW power deal with Constellation Energy
NEW YORK, Oct 6 : Google has contracted for 3,590 megawatts of power from Constellation Energy in the US’ largest power grid, with new nuclear energy accounting for about a quarter of that supply, the companies said on Tuesday.The deal will enable more than $4.3 billion of new investment by Constellation and
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OpenAI, Anthropic tell Australia they would welcome data breach rules
SYDNEY, Oct 6 : OpenAI and Anthropic told Australian parliament on Tuesday they would welcome laws requiring them to report data breaches carried out by their AI agents, acknowledging the decision to notify authorities was currently at their discretion.The comments follow an outcry after ChatGPT maker OpenAI
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Anthropic tells Australia it’s open to laws requiring reporting of AI agent hacks
SYDNEY, Oct 6 : Anthropic does not believe its products have breached Australian government systems but would be open to Australian laws requiring AI companies to disclose data breaches, company executives told an Australian parliamentary inquiry on Tuesday.Their statements come weeks after rival OpenAI discl
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Trump taps Jay Clayton as AI czar for new task force
US President Donald Trump has chosen members to lead a new AI task force to coordinate the administration’s response to the rapidly evolving technology.
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Why is Russia seizing control of European companies?
Russia is tightening its grip on European-owned companies but appears to be taking a different approach toward American firms. Is this part of a broader strategy to weaken the transatlantic alliance?
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Trump says AI companies agree to ‘self-police’
Donald Trump said the US won’t “stifle” the development of AI, which he sees as “bigger than the Industrial Revolution.” The agreement comes amid mounting concerns over AI safety after recent hacking incidents.
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Trump releases AI accord with tech executives
WASHINGTON, Sept 29 : President Donald Trump released a document on Tuesday that his administration cast as an accord on artificial intelligence and which he said earlier was signed by him and tech executives that he met in Washington.Trump released the one-page document on his Truth Social platform – which h
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Singapore semiconductor industry commits over S$500m to R&D as global chip race intensifies
This exceeds the more than S$400 million spent on such efforts between 2020 and 2025, according to the Agency for Science, Technology and Research (A*STAR).
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FTC chair suggests AI developers should be liable for conduct of agents
AUSTIN, Sept 25 : US Federal Trade Commission Chairman Andrew Ferguson said on Friday he would resist describing AI agents as autonomous actors that “break loose” with “wills and desires of their own,” suggesting the developers who instruct agents would be the ones liable for harm.”I’m going to continue as lo
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