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Musk announces new company xAI as he seeks to build ChatGPT alternative

Despite his work around AI, Musk was among a group of researchers and tech industry leaders who earlier this year called for developers to pause the training of powerful AI models

Meta Platforms Inc to fight EU charges over Facebook marketplace abuse

EU watchdogs alleged that Meta imposed unfair trading terms that enable it to use data on competing online classified ad services for its Marketplace platform

World is losing battle to wipe out hunger by end of decade: Report

Hunger was still rising in western Asia, the Caribbean and throughout Africa last year

US inflation decelerates to 3%, core CPI rises less than forecast

The consumer price index rose 3% last month from a year ago, according to data out Wednesday from the Bureau of Labor Statistics. From May, it advanced 0.2%

Google's AI chatbot trained by 'overworked, underpaid, frustrated' humans

Chatbots like Bard use computer intelligence to respond almost instantly to a range of queries spanning all of human knowledge and creativity

Walt Disney Co weighs options for struggling TV business in India

Disney's plan to consider at least a partial pullout from its India TV business came after CEO Bob Iger expressed his disappointment with the company's performance in India

Google veteran Urs Hölzle steps down as manager in cloud shakeup: Report

Urs Hölzle joined the company, now the key unit of parent Alphabet Inc., in 1999 as its eighth employee, and will now transition into a role as a Google Fellow, the company said

Ronaldo buys stake in Rolex reselling website Chrono24 for undisclosed sum

Ronaldo joins existing Chrono24 shareholders including private equity firms and the family investment vehicle of LVMH chairman Bernard Arnault

Bulgari faces backlash from China for not showing Taiwan as part of country

Bulgari said in a Chinese-language statement posted to its Weibo account Tuesday evening that it respected 'China's sovereignty and territorial integrity, as always, and firmly'

Here's how AI is making politics easier, cheaper, and more dangerous

Those visuals in the Republican National Committee's ad aren't real, and the scenarios are pretty obviously fictional. But thanks to the handiwork of artificial intelligence, the images look like real

Rupee's plunging volatility leaves foreign investors guessing RBI's moves

The RBI has added back $32 billion in reserves already this year as it absorbed foreign inflows to keep the currency steady, while its dollar forward book also climbed by around $10 billion

Amazon.com Inc's annual Prime Day isn't the catalyst it once used to be

In the past four years, the stock has fallen in the week of the two-day sale in which the retail giant discounts swathes of items

Amazon Prime Day invite-only deal targets buyer frustration: Report

Shoppers request an invite for discounted items they see on the site - 32% off an Acer Swift X laptop, for example, - and get an email if the deal is still available

Jack Ma's wealth drops $4.1 bn as Ant's valuation slashed: Report

The 58-year-old tycoon has a 9.9% stake that's now estimated to be worth $4.1 billion less than almost a year ago

Microsoft cleared to buy Activision in US as UK pauses fight: Report

Microsoft and Activision can't close their deal because of the UK veto, said Tom Smith, a competition lawyer at Geradin Partners

AI startup Anthropic releases new version of its ChatGPT rival, Claude

Anthropic said that Claude 2 is available to anyone in the US or UK online at claude.ai, and businesses can access it via an application programming interface

Bharatiya Janata Party retains top spot with more donations than rivals

Rights activists allege the electoral bond program, allowing anonymous donations, further reduces transparency

Gautam Adani mulls bidding for Anil Ambani's bankrupt coal plants

Ambani's Reliance Power Ltd. is also considering making an offer for the asset in an attempt to win back control of the firm, said sources

Temasek Holdings Pte posts worst return in 7 years as markets slump

Temasek's Chief Executive Officer Dilhan Pillay highlighted risks ranging from economic decoupling to protectionism and costs tied to energy security and transition

Govt orders inspection of Byju's account books following turmoil: Reports

The Ministry of Corporate Affairs has sought a report in six weeks, said the people, asking not to be named as the information isn't public