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☆ Live updates: Spain vs Netherlands, Women's World Cup 2023 quarter final
▼ + stars: | 2023-08-11 | by ( Tara Subramaniam | Adam Renton | ) edition.cnn.com time to read: +1 min

A beaten finalist in 2019, the Netherlands will likely be feeling very confident of going one better this year after an impressive World Cup campaign so far. The Oranje is unbeaten in Australia and New Zealand and has conceded just one goal during the tournament, coming in the 1-1 group stage draw against the United States — also the only game it has failed to win. Spain has both dazzled and disappointed its fans this tournament, racking up high-scoring wins over Zambia, Costa Rica and then Switzerland in the last-16. However, the team’s low point came in a 4-0 demolition against Japan in the final group stage match, a game that laid bare La Roja's weaknesses. Spain will likely chalk it up to a off day, while others will point to the sobering defeat as proof the team isn’t yet up to level of the true title contenders Down Under.

Persons: United States —, Jill Roord, Lieke Martens, Daniëlle van Organizations: Oranje, United, South, Zambia Locations: Netherlands, Australia, New Zealand, United States, South Africa, Spain, Costa Rica, Switzerland, Japan

☆ San Francisco drives tech; will it drive away robot taxis?
▼ + stars: | 2023-08-07 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +7 min

[1/3] A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company?s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. Futuristic test vehicles from Cruise and Waymo are a common sight in some parts of San Francisco. The vote comes at a critical time for San Francisco, which is grappling with thousands of tech job losses, firms leaving the city, and COVID-era work-from-home policies that have contributed to a hollowed out downtown. loadingRamón Iglesias, another San Francisco resident, said that though he’d seen the videos and some erratic behavior from the cars, he supports the expansion and worries any further obstacles could drive tech companies away. “We have a very strong Luddite segment here in San Francisco and you see places like Las Vegas and Miami go out of their way to embrace tech,” said Iglesias, a data scientist.

Persons: Heather Somerville, Waymo, ”, Kyle Vogt, X, ” Cruise, San Francisco, Cruise, Julia Ilina, Mike Smith, Ramón Iglesias, he’d, Iglesias, “, London Breed, Greg Bensinger, Peter Henderson, Diane Craft Organizations: General Motors Corp, REUTERS, FRANCISCO, Motors, San, San Francisco County Transportation Authority, Cruise, California Public Utilities Commission, Las, Ford, Tesla, Francisco, FIRST, ”, London, Thomson Locations: San Francisco, California, U.S, Francisco, San, San Francisco County, State, dazzled, Dallas, Miami, Las Vegas, Los Angeles

The "twisties," which cut short Biles' Tokyo run, were nowhere in sight on Saturday as the U.S. gymnast appeared back to her previous, top-notch form after taking more than a year off from the sport. During that break she prioritized her mental health, which became a major focus following her abrupt withdrawal from the team finals in Tokyo. "I’m still continuing to work on myself and go to therapy," Biles said, stressing the importance of a mental break. "I think I’m in better shape than I was in 2021," she said. "Who knows, I'm not going to think too far ahead," Biles said when asked about her plans.

Persons: HOFFMAN, Simone Biles, dazzled, Biles, I’m, I'm, Karen Braun, William Mallard Organizations: Tokyo Olympics, Thomson Locations: , Illinois, Chicago, Tokyo, U.S

☆ Simone Biles stepped away from ‘corrosive’ gymnastics for mental health. Now she’s back
▼ + stars: | 2023-08-04 | by ( Savanna Stewart | ) edition.cnn.com time to read: +10 min

“We’ve never seen an athlete like Simone Biles,” Ryan said. And yet that sport was corrosive enough and abusive enough that she really had to step away for her own mental health,” added Ryan. “I have to focus on my mental health and not jeopardize my health and well-being.”Biles was replaced in the all-around final by Jade Carey, who had finished ninth in the qualifying round. More than 150 athletes, including Biles, said that the former USA Gymnastics team doctor sexually abused them under the guise of providing medical treatment. “I think this just really shows the lack of leadership of USA Gymnastics and the United States Olympic Committee.”However, there is hope that a brighter future is in store for USA Gymnastics.

Persons: –, “, Joan Ryan, ” Ryan, Ryan, ” Simone Biles, Biles, “ We’ve, Simone Biles, ”, ” Biles, Jade Carey, Carey, Jamie Squire, Simone, ” Carey, Ryan’s, Dmitri Lovetsky, ’ ” Ryan, Larry Nassar, Nassar, …, McKayla Maroney, Aly Raisman, Maggie Nichols, General's, Saul Loeb, Jake Tapper, ” Raisman, Jill Geer, Gabby Douglas, Suni Lee, ” Geer, Geer, Douglas — Ryan, “ It’s, you’ve, what’s Organizations: CNN, CNN Sport, Olympics, USA Gymnastics, Oregon State University, US Gymnastics Federation –, Tokyo, USA, United States Olympic, Paralympic, New York, United, Capitol, United States Olympic Committee, National Team, “, ”, US women’s Locations: Hoffman Estates , Illinois, Tokyo, United States, Washington, Biles, “, Paris

☆ Encarnacao shines as Portugal beat Vietnam 2-0 for first World Cup win
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +3 min

Portugal coach Francisco Neto made seven changes to the team that lost 1-0 to the Netherlands in their Group E opener and the decision paid off as first-half goals from Encarnacao and Francisca Nazareth earned them a first ever World Cup win. In stark contrast to their struggling display against the Netherlands, Portugal dazzled under the floodlights in Hamilton and Neto was delighted with the victory even though the scoreline did not reflect their dominance. "This is very important and it means a lot for all the players," said the Portugal coach, who has been in charge since 2014. "In the first half, I was not satisfied with the team," Vietnam coach Mai Duc Chung said. "They are 11 ranks higher than us and they come from Europe so, yes, they are much better than us ...

Persons: Jessica Silva, David Rowland HAMILTON, Telma Encarnacao, Francisco Neto, Francisca Nazareth, Neto, Encarnacao, Lucia Alves, Tran Thi Kim Thanh, Kim Thanh, Kim Thanh's, Nguyen Thi, Thuy, Patricia Morais, Mai Duc Chung, Hritika Sharma, Ken Ferris Organizations: Soccer Football, FIFA, REUTERS, Vietnam, Waikato, Encarnacao, Thomson Locations: New Zealand, Portugal, Vietnam, Waikato, Hamilton , New Zealand, David Rowland HAMILTON , New Zealand, Netherlands, U.S, Auckland, Dunedin, Hamilton, United States, Nazareth, Europe, Hyderabad

☆ How can you tell if an image is AI-generated? Soon, there'll likely be a watermark.
▼ + stars: | 2023-07-21 | by ( Gabriel Rivera | ) www.businessinsider.com time to read: +4 min

But seven Big Tech and AI companies just partnered with the White House to step up efforts to flag such content. The companies may soon roll out systems that watermark or identify the origins of AI-generated materials. A coalition of tech giants and startups pledged Friday to watermark content produced by AI. The pledge included commitments for the companies to make "robust systems" that identify or watermark content produced by their AI tools. A political ad released Tuesday in support of Florida Governor Ron DeSantis reportedly used AI to replicate Donald Trump's voice and create a soundbite that never actually occurred.

Persons: Biden, ChatGPT, Ron DeSantis, Donald Trump's, Trump, Anthony Fauci Organizations: Big Tech, White, Google, Microsoft, Meta, AFP Locations: Florida

☆ Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed
▼ + stars: | 2023-07-07 | by ( Yuvraj Malik | ) www.reuters.com time to read: +2 min

July 7 (Reuters) - AI4Bharat, a start-up backed by Microsoft (MSFT.O), is raising $12 million from venture capital firms Peak XV and Lightspeed Venture to develop artificial intelligence-powered chatbots for Indian languages, according to three people familiar with the matter. Most seed rounds are usually up to $1 million to $2 million. AI4Bharat, Peak XV and Lightspeed did not immediately respond to Reuters' requests for comment. The investment is among the first from Peak XV Partners after rebranding from Sequoia Capital India and SEA following a split with its U.S.-based parent fund last month. Indian AI start-ups have raised $583 million this year, as of June, according to data from Venture Intelligence.

Persons: OpenAI's ChatGPT, Nandan Nilekani, Rudder, Yuvraj Malik Organizations: Microsoft, Lightspeed Venture, Indian Institute of Technology, Infosys, National Payments Corp, XV Partners, Sequoia Capital, SEA, Venture Intelligence, Thomson Locations: Madras, India, Sequoia Capital India, Bengaluru

☆ China's Yin Ruoning collects maiden major title at Women's PGA Championship
▼ + stars: | 2023-06-25 | by ( ) www.reuters.com time to read: +3 min

[1/2] Jun 25, 2023; Springfield, New Jersey, USA; Ruoning Yin tees off on the 4th hole during the final round of the KPMG Women's PGA Championship golf tournament. Mandatory Credit: John Jones-USA TODAY SportsNEW YORK, June 25 (Reuters) - China's Yin Ruoning produced a flawless final round with four birdies to win the Women's PGA Championship at Baltusrol Golf Club on Sunday and claim her first major title. The 20-year-old Yin, who collected her maiden LPGA Tour title at the DIO Implant LA Open earlier this year, is only the second Chinese woman to win a golf major after Shanshan Feng. "I would say she's definitely the goal that I'm chasing," said Yin, who was nine years old when Feng won the Women's PGA Championship in 2012. "I was on the 18th tee and I saw the leaderboard, and I know I have a one-shot lead," said Yin.

Persons: John Jones, Yin Ruoning, Yin, Japan's Yuka Saso, Shanshan Feng, Feng, Yuka, I'm, Carlota Ciganda, Sweden's Anna Nordqvist, Megan Khang, China's Lin Xiyu, Stephanie Meadow, Rose Zhang, It's, Amy Tennery, Toby Davis, Hugh Lawson, Chris Reese Organizations: KPMG Women's, USA, YORK, Baltusrol, LPGA, Thomson Locations: Springfield , New Jersey, USA, Northern Ireland, New York

☆ Pink Floyd, ‘The Wizard of Oz’ and Me
▼ + stars: | 2023-06-21 | by ( Charlie Savage | ) www.nytimes.com time to read: +19 min

Muted tk tkLike other band members have done consistently over the years, Waters denied that Pink Floyd intentionally structured its 1973 album to align with the 1939 film. Before my article, “The Dark Side of the Rainbow” was just a word-of-mouth thing on an early internet message board. I mostly listened to alternative rock in those days, but Pink Floyd’s Usenet group had a hold on me. I shared that page on the Usenet group and added it to a Pink Floyd “Web ring” — a system in which people with related pages linked to one another. The article page was logging hundreds, then thousands, and eventually tens of thousands of visitors.

Persons: Floyd, ‘, Oz ’, ”, Roger Waters, Joe Rogan, Waters, Noam Chomsky, Rogan, Pink Floyd —, Oz, Dorothy, Clare Torry’s, “, Pink Floyd, Alan Parsons, Willie Nelson, ” Waters, ” Rogan, “ I’ve, it’s, I’m, floyd, Kurt Cobain, Toto, Marvel, grooving, Dave Gilmour, Pink, Kurt Loder, Oz ”, “ Akira ” —, Dorothy tiptoeing, perversely Organizations: The, Gazette, New York Times, Hoosier, MGM, Miss, Journal Gazette, Columbia Records, Dave Gilmour & Co, MTV, New York Daily News, The Washington Post, The Baltimore Sun, YouTube Locations: Austin , Texas, Louisiana, Fort Wayne, Ind, Indianapolis, Los Angeles, Indiana, Boston, York

☆ Ross Douthat on ‘The Great Gatsby’ - The New York Times
▼ + stars: | 2023-06-20 | by ( Ross Douthat | ) www.nytimes.com time to read: +3 min

Unless, that is, you recognize this opening as a summary of “The Great Gatsby,” F. Scott Fitzgerald’s novel about the innocence of the mountebank and his martyrdom at the hands of the wealthy married couple he tries to come between. This reversal is part of what makes “Gatsby” such an essential American text. In “Gatsby,” money is clearly corrupting once you have it, because the having imbues you with the “vast carelessness” of Tom and Daisy Buchanan or the cold-eyed manipulative spirit of the men who use Gatsby as their front. “If he’d of lived he’d of been a great man,” Gatsby’s father says before the funeral. But in dying young, Gatsby achieved the secret goal of all Americans: to get rich while remaining citizens of Eden, innocents till the last.

Persons: topick, charlatan, ”, Scott Fitzgerald’s, —, Ross Douthat, Gatsby, Tom, Daisy Buchanan, It’s, Gatsbys, who’s, Sam Bankman, Elizabeth Holmes, Holmes, Bernie Madoff Locations: America, Eden

So what's hot in fintech right now? One area fintech companies are getting excited by is an improvement to online checkout tools. Callan Carvey, global head of operations at Cleo, said the firm's AI connects to a customer's bank account to get a better understanding of their financial behavior. "A job that typically would take around one or two weeks can now be completed in 30 minutes, right. Several fintech executives CNBC interviewed spoke of how they're not interested in launching products tailored to crypto as the demand from their customers isn't there.

Persons: MacKenzie Sigalos, hasn't, they've, Starling, Richard Davies, Davies, Niklas Guske, —, B2C fintechs, David Singleton, Guske, dazzled, Cleo, Callan Carvey, Carvey, Teo Blidarus, Taktile's, Hiroki Takeuchi, Takeuchi, Changpeng Zhao, they're, Jack Zhang, Zhang, Prajit Nanu, cryptocurrencies, Banks, Nanu Organizations: Bank, fintechs, CNBC, Business, Allica Bank, B2B, Tiger, Schroders Capital, Atom Bank, Schroders, U.S . Securities, Exchange Commission, SEC, U.S, cryptocurrencies Locations: Amsterdam, MacKenzie Sigalos AMSTERDAM, Netherlands, British, Atomico, U.S

☆ Friday's kind of broad rally has eluded Wall Street for quite some time. We hope it has legs
▼ + stars: | 2023-06-03 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

Club name and Dow stock Caterpillar (CAT) was one of the leaders, soaring more than 8% and accounting for over 100 points of the 30-stock average's 700-point surge. Meanwhile, the tech darlings that have recently propelled the market higher — including top-performing Club stocks Nvidia (NVDA) and Meta Platforms (META) — took a relative backseat Friday. For that reason, it's a hopeful sign to see other sectors walk the runway in the Wall Street fashion show Friday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, —, industrials, Jim, haven't, Meta, OpenAI, it's, Dow, Jim Cramer's, Luke Sharrett Organizations: Dow, Caterpillar, Nvidia, Nasdaq, Dow Jones, fellow Club, Halliburton, HAL, Apple, Facebook, Microsoft, Big Tech, FactSet, industrials Honeywell, Emerson Electric, Natural Resources, Linde, LIN, CNBC, Whayne, Bloomberg, Getty Locations: U.S, Louisville , Kentucky

☆ Matt Onofrio made $35 million helping everyday people invest in real estate. Then he was indicted. Was it all a scam?
▼ + stars: | 2023-06-01 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +21 min

The MMA fighter Michael Chandler, pictured with his wife, Brie Willett, bought a $16 million property from Matt Onofrio in 2021. Then, in November 2022, federal prosecutors indicted Onofrio on charges involving three deals he'd arranged in Minnesota the year before. The federal complaint doesn't involve the property Onofrio sold to Chandler. Unbeknownst to Hermann, Onofrio had already tied up the warehouse in contract for $4.75 million. "Matt was finding a deal for $4 million and selling it for $5 million," Stageberg said.

Persons: Matt Onofrio, anesthetist, who'd, Onofrio, Michael Chandler, Chandler, Brie Willett, Rick Diamond, Michael didn't, Matt, Brendan Johnson, he'd, fraudster, who's, Matthew Hermann, Hermann, he's, —, Anthony Vicino, unburden, Hermann countersued, Let's, Nick Stageberg, Stageberg, Vicino, couldn't, wasn't, Zacari Pennington, Brandon Turner, David Greene, Pennington, Brad Lea's, Ryan Pineda's, Alec McElhinny, Onofrio's, Greene, Ed Mylett, Mylett, Lily Ro Onofrio, Lea, Brittany Arnason, BiggerPockets, Cameron Cropsey, Scott Trench, Nicholas Perrone, Wild Organizations: Onofrio, CMT, Chandler, Wild Moose Ventures, Finance & Commerce, Mayo Clinic, Moose Ventures, Wild, Ventures Locations: Wisconsin, California, Sauk Rapids , Minnesota, Minnesota, Onofrio, Minneapolis, Mexico City, Mayo, Denver, Nashville, Church, Golden Valley , Minnesota, Macon , Georgia, Pennington

☆ Rodrygo double fires Real Madrid to Spanish Cup final win over Osasuna
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +2 min

SEVILLA, Spain, May 6 (Reuters) - Rodrygo struck twice and Vinicius Jr dazzled as Real Madrid beat Osasuna 2-1 on Saturday to win their 20th Copa del Rey title and first since 2014. Brazilian Rodrygo scored the opener after two minutes but Carlo Ancelotti's side were pegged back when Lucas Torro equalised 13 minutes after the break. Real have lost two of the last three games and are virtually out of contention in LaLiga, sitting 14 points behind leaders Barcelona. "I'm very happy because I have just won the only title I didn't have with Real Madrid at only 22 years old. "We were talking this week about how long it has been since Real Madrid have not won this competition and I, personally, was missing it too.

☆ Napoli’s Serie A title win: From Maradona and financial bankruptcy to Scudetto
▼ + stars: | 2023-05-05 | by ( Ben Morse | ) edition.cnn.com time to read: +14 min

Diego Maradona battles dribbles against Ruud Gullit of AC Milan in the Serie A in 1988. With Maradona’s arrival came a level of success Napoli had previously never seen, culminating in a 1987 title victory; the club’s first ever Scudetto. When Napoli won its first Serie A title in 1987, the Gentleman Ultra website notes: “In the city, mock funerals were held for Juventus. The dark yearsA year after the 1990 title success, the Napoli team began to unwind with players departing, leading to a drop in performances. Napoli fans celebrate the team's Serie A title victory on the streets of Naples.

☆ Facebook-parent Meta soars as AI powers return to growth
▼ + stars: | 2023-04-27 | by ( Aditya Soni | ) www.reuters.com time to read: +2 min

The company is set to add nearly $60 billion to its market valuation, if premarket gains hold. The rally also lifted other tech companies from Snap Inc (SNAP.N) and Pinterest Inc (PINS.N) to Amazon.com Inc (AMZN.O) by as much as 3.3%. "If you want to be treated and valued like a growth stock, you need growth! And this is precisely what Meta delivered returning to growth... just as questions around a potential recession get louder," Bernstein analyst Mark Shmulik said in a note. "Year of efficiency (now) paves the way to AI offense," Roth MKM's Rohit Kulkarni said.

☆ Mahrez hat-trick sends Man City into FA Cup final
▼ + stars: | 2023-04-22 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

[1/5] Soccer Football - FA Cup - Semi Final - Manchester City v Sheffield United - Wembley Stadium, London, Britain - April 22, 2023 Sheffield United's Wes Foderingham looks dejected after Manchester City's Riyad Mahrez scores their second goal Action Images via Reuters/Jason CairnduffLONDON, April 22 (Reuters) - Riyad Mahrez scored a hat-trick as Manchester City snapped their losing streak in FA Cup semi-finals with a 3-0 stroll over second-tier Sheffield United at Wembley on Saturday. Championship promotion hopefuls United began brightly and frustrated City for most of the first half but Mahrez fired City ahead from the penalty spot in the 43rd minute. It was the first FA Cup semi-final hat-trick since Alex Dawson for Manchester United against Fulham in 1958. City have not conceded a goal and scored 17 in reaching their 12th FA Cup final in which they could face Manchester United in what would be the showpiece's first Manchester clash. "It is an honour to be in the FA Cup final on 3 June.

☆ Off-the-radar destinations every China visitor should consider
▼ + stars: | 2023-03-29 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +8 min

JingdezhenLarge chimneys, used for firing porcelain, dot the skyline of Jingdezhen city. gui yong nian/Adobe StockDubbed the porcelain capital of the world, Jingdezhen has been firing quality pieces of “white gold” for more than 1,700 years. For a crash course in the city’s porcelain history, visit the newly built and photogenic Jingdezhen Imperial Kiln Museum of China. LinhaiLinhai's historic city wall stretches more than 6,000 meters in length. Food aside, travelers should leave time to admire this historic city that dates back more than 2,000 years.

☆ Kane on target again as England ease past Ukraine
▼ + stars: | 2023-03-26 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

Ukraine had their moments and enjoyed some pressure after the interval but never really looked capable of claiming only a second victory over England in 10 attempts. It took them a while to get going, however, as Ukraine comfortably kept the hosts at bay for most of the first half. Kane, who was presented with a golden boot beforehand, missed two routine chances, fluffing a close-range volley and then prodding an inviting Maddison delivery over. The 21-year-old has now had a hand in 10 goals in his last 16 games for England in all competitions. Their next game will be against North Macedonia in June while England are away in Malta next.

☆ Morgan Stanley is testing an OpenAI-powered chatbot for its 16,000 financial advisors
▼ + stars: | 2023-03-14 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

OpenAI logo seen on screen with ChatGPT website displayed on mobile seen in this illustration in Brussels, Belgium, on December 12, 2022. Morgan Stanley is rolling out an advanced chatbot powered by OpenAI's latest technology to help the bank's army of financial advisors, CNBC has learned. "This is like having our chief strategy officer sitting next to you when you're on the phone with a client." While generative AI has dazzled users and sparked a race among technology giants to develop products, it has also led some users down strange paths. Last month, Morgan Stanley analysts wrote that ChatGPT occasionally "hallucinates and can generate answers that are seemingly convincing, but are actually wrong."

☆ Tuxedos and jumpsuits: menswear dazzles on awards season red carpets
▼ + stars: | 2023-03-06 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +3 min

LONDON, March 6 (Reuters) - From classic tuxedos to shiny jumpsuits, menswear has dazzled on the red carpets this awards season, sometimes even attracting the most attention with eye-catching looks. Singer Harry Styles arrived at the Grammy Awards in a chest-baring sparkling harlequin jumpsuit, while Oscar nominee Barry Keoghan has chosen ensembles in pale blue and red as his style choices for the Golden Globes and British Academy of Film (BAFTA) Awards. While classic suits and tuxedos are still a red carpet staple, menswear now features plenty of variety and bolder choices - vibrant colours, sparkling embroidery or detailing, as fashion favourite, actor Timothee Chalamet has often demonstrated with his non-traditional outfits. Oscar winner Eddie Redmayne has won style accolades for his red carpet choices this awards season, which culminates with Sunday's Oscars. Asked what she thought of men's fashion this award season, Oscar nominee Michelle Yeoh told Reuters last month: "I love it."

☆ Milan Fashion: Gucci revisits past to pave new way, sober looks at Tod's
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +3 min

[1/2] A model presents a creation from the Gucci Fall/Winter 2023/2024 collection during Fashion Week in Milan, Italy, February 24, 2023. One model wore a crumpled shirt tucked into a miniskirt, others were dressed in coats with voluminous shoulders. At Tod's (TOD.MI), creative director Walter Chiapponi offered a sober collection in earthy tones that played with tailoring. Models wore pea coats as well as long oversized coats, and also appeared in parkas and cropped aviator and elongated bomber jackets. Reporting by Marie-Louise Gumuchian in London and Elisa Anzolin in Milan Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Microsoft-backed OpenAI to let users customize ChatGPT
▼ + stars: | 2023-02-17 | by ( Anna Tong | ) www.reuters.com time to read: +2 min

SAN FRANCISCO, Feb 16 (Reuters) - OpenAI, the startup behind ChatGPT, on Thursday said it is developing an upgrade to its viral chatbot that users can customize, as it works to address concerns about bias in artificial intelligence. How technology companies set guardrails for this nascent technology is a key focus area for companies in the generative AI space with which they’re still wrestling. OpenAI said in the blog post that ChatGPT’s answers are first trained on large text datasets available on the Internet. As a second step, humans review a smaller dataset, and are given guidelines for what to do in different situations. Reporting by Anna Tong in San Francisco; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ ChatGPT, other AI models to disrupt Indian IT firms - JPM
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +1 min

Feb 10 (Reuters) - Generative AI models such as ChatGPT will slow down market share gains and deflate pricing for Indian IT companies in the short term, analysts at J.P.Morgan said on Friday. As generative AI is implemented more broadly, consulting firms like Accenture and Deloitte and will gain market share over Indian IT firms like Infosys Ltd (INFY.NS) and Wipro Ltd (WIPR.NS) in the near term, analysts at the brokerage said in a note to clients. Generative AI can be a "deflation driver" in the near term on legacy services as they compete on pricing, necessitate staff retraining and drive loss of competitiveness, they added. Since then, other large tech companies like Alphabet Inc (GOOGL.O) and China's Baidu Inc (9888.HK) have rushed to announce their own in-house developments of generative AI. JPM said that among Indian IT companies, Infosys and Tata Consultancy Services (TCS.NS) might retrain staff faster than smaller peers due to their better graduate hiring and training infrastructure.

[1/3] The signage at the main gate of The Walt Disney Co. is pictured in Burbank, California, May 7, 2012. This is a win for all shareholders," a spokesperson for Peltz's Trian Fund Management said on Thursday. The decision, first reported by CNBC, came only hours after Disney reported earnings that topped Wall Street expectations and Iger outlined a corporate restructuring that addresses many of Peltz' criticisms. Disney's stock price climbed 3.6% in Thursday trading. "Bob Iger has a long, strong track record which provides confidence he will manage this transition for Disney."

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