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Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation Thursday, when they decide whether to raise borrowing costs again or...

Stocks in Asia broadly climbed on cautious optimism the Federal Reserve may pause rate hikes following the US

By Brenda Goh SHANGHAI The European Commission began investigating on Wednesday whether to set punitive tariffs to protect

BEIJING (Reuters) -China's Huawei Technologies said on Thursday it will hold a media event to discuss new products on Sept.

By Casey Hall SHANGHAI Chinese luxury liquor-maker Kweichow Moutai is again looking to diversify from its fiery baijiu

(Corrects to "partners" from "employees" in first paragraph of Sept 12 story) (Reuters) -Amazon.com on Tuesday said it is investing

By opening an impeachment investigation into President Joe Biden, House Speaker Kevin McCarthy unleashed an unpredictable and treacherous new political force into what is already the most abnormal election of modern times.

Extreme heat and flooding are set to deal a massive blow to the global fashion industry, with four of the world's top garment producing countries at risk of missing out on $65 billion in earnings by 2030, according to a study from Cornell University and investment manager Schroders.

Fans were excited to witness Sam Champion starting his new role as the co-host of Eyewitness News at 10 every weekday morning

SHANGHAI China's central bank has asked some of the country's biggest lenders to refrain from immediately squaring their

Tesla titan and multi-billionaire Elon Musk has reportedly warned US senators at a private meeting that unregulated artificial intelligence technology poses a “civilisational risk” to society. Senate majority leader Chuch Schumer convened a meeting of the most prominent tech executives in the US to help pass a bipartisan legislation encouraging both the rapid development of AI technology and also mitigating its biggest risks. The closed-door meeting was attended by some of the tech industry’s biggest names, including Tesla and SpaceX boss Mr Musk, Meta’s Mark Zuckerberg, former Microsoft chief Bill Gates, Alphabet’s Sundar Pichai, as well as OpenAI founder Sam Altman. As Mr Musk left the Capitol building following several hours of the meeting, he told reporters that “we have to be proactive rather than reactive” in regulating AI as its consequences of going wrong are “severe”. “The question is really one of civilizational risk. It’s not like … one group of humans versus another. It’s like, hey, this is something that’s potentially risky for all humans everywhere,” he said, according to NBC News. Mr Musk also reportedly called for a government AI agency, similar to the Securities and Exchange Commission or the Federal Aviation Administration to oversee developments in the sector and ensure safety. Leaders in the tech industry also called for a balanced approach towards regulating AI. In his prepared remarks, Mr Zuckerberg said the two defining issues for AI are “safety and access”, adding that the US Congress should “engage with AI to support innovation and safeguards”. “New technology often brings new challenges, and it’s on companies to make sure we build and deploy products responsibly,” the Meta chief said. “This is an emerging technology, there are important equities to balance here, and the government is ultimately responsible for that,” he added. The Facebook founder called for policymakers, academics, civil society and industry to work together to minimise the potential risks of AI, but also to maximise its potential benefits. Some of the measures he suggested for building safeguards into AI systems included “selecting the data to train with, extensively red-teaming internally and externally to identify and fix issues, fine-tuning the models for alignment, and partnering with safety-minded cloud providers to add additional filters to the systems we release”. As lawmakers at the US Capitol Hill interacted with tech giant chiefs about potential AI regulations, companies including Microsoft, OpenAI, Meta, Alphabet, and Amazon were also being probed on the conditions of the workers behind tools like ChatGPT, Bing, and Bard. Lawmakers are reportedly probing the working conditions of data labelers who are tasked by companies, often at outsourced firms, to label data used to train AI and for rating chatbot responses. “Despite the essential nature of this work, millions of data workers around the world perform these stressful tasks under constant surveillance, with low wages and no benefits,” lawmakers, including Elizabeth Warren and Edward Markey, said in a letter to tech executives. “These conditions not only harm the workers, they also risk the quality of the AI systems –potentially undermining accuracy, introducing bias, and jeopardizing data protection,” they said. Read More Elon Musk was on brink of death after catching malaria on South African safari, book claims Fatherhood, rows with Amber Heard and ‘the woke mind virus’: 6 big revelations from Elon Musk’s biography Putin praises Musk as ‘outstanding person’ days after report Tesla boss stopped Ukrainian attack Long-form video content is here to stay, says YouTube UK boss Cybertruck sparked Tesla revolt that saw secret design plan, Musk biography reveals Everything Apple killed off at iPhone 15 event

Hurricane Lee continues to creep toward New England, where hurricane and tropical storm watches have been issued for much of its coastal residents in anticipation of the colossal storm's possible impact on Friday and through the weekend.