Business & Tech

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Business & Tech

Coverage of business, technology, and finance, from global markets to the latest tech and AI news.

OpenAI chief Sam Altman is optimistic about the technology and its uses

1.2 billion users

ChatGPT maker wants to be the App Store for AI as safety concerns grow

SpaceX CEO Elon Musk speaks to the press next to US President Donald Trump, House Speaker Mike Johanson and Nvidia CE Jensen Huang after a meeting about artificial intelligence at the White House

Oil down, but stocks lower as bond yields rise

OpenAI withheld its latest model from a planned public release after it did not sufficiently satisfy safety measures, amid heightened concerns regarding AI safety following several security incidents by rogue AI agents

OpenAI unveils low-cost AI model, a day after shelving Astra upgrade

AI is reshaping innovation investments

Growing faster than GDP growth

AI driving up innovation investment: UN

Kaub on the Rhine river in mid-August. The waterway has fallen to record lows amid low rainfall and soaring temperatures

Unnavigable for shipping

'We just need rain': Germany's Rhine river hits new low

A pedestrian is reflected in a display at the Sydney Stock Exchange building on September 29, 2026

To curb inflation

Australian central bank lifts key interest rate to 15-year high

Fei-Fei Li, seen here in London on November 5, 2025, is an eminence in the field of artificial intelligence

$8.2 billion deal

AMD buys firm founded by AI 'godmother' Fei-Fei Li

Donald Trump said he had rejected the Iranian offer of a seven-day truce

'Not the deal that I want'

US stocks fall, bond yields rise as Middle East war drags on

Fast-fashion giant Shein said its net revenue rose 1 percent to $20.1 billion in the first half of the year amid global regulatory headwinds

Shein sees 1% revenue growth in first half of 2026

'Avengers: Endgame,' led by an ensemble cast including Robert Downey Jr., is the second-highest-grossing film of all time

Re-released 'Avengers: Endgame' snaps-up N. America box office lead

The trial of TikTok in Alabama comes as social media companies face a wave of litigation across the United States over the harm their apps allegedly cause young users

Accused of misleading parents

TikTok to pay Alabama $100 mn under pre-trial settlement

US First Lady Melania Trump, alongside NYSE Group President Lynn Martin (R) and President and CEO of Advanced Micro Devices Lisa Su (L), rang the opening bell of the New York Stock Exchange earlier this week

A look at the figures

Wall Street stocks rise, greeting optimism over possible US-Iran deal

Orelien, 38, denies the allegations against him

As allegations grow

Spotting AI writing: how reliable are the detectors?

Investors were on edge ahead of the Trump-Xi summit

Amid trade truce

Global stocks mostly fall as oil prices and bond yields rise

Starbucks plans to close about one percent of its stores in North America

One percent of stores

Starbucks to close 250 more cafes in North America

Average diesel prices in the United States have struck record highs in recent weeks

What happens if the US bans diesel exports

Isabel Schnabel is an influential top official at the European Central Bank

European Central Bank

Top ECB official to resign to take up IMF role

Founded by former OpenAI employees, including CEO Dario Amodei, Anthropic has a special focus on AI safety even as it rushes out new products in order to remain in the AI race

Previously unknown enzyme

Anthropic touts AI-led biology discovery

The scale of fuel price increases have differed significantly from country to country in Europe governments have taken different measures to address the spikes

AFP examines the reasons

How is the EU approaching record fuel prices?

While crude oil prices are pulling back the price of diesel has been setting records

Growing positivity

Global stocks rally on lower oil prices, US-China hopes

OpenAI CEO Sam Altman heads to the United Nations this week

Growing doomsday warnings

OpenAI calls for US to lead global effort on AI standards

The European Union is aiming to triple its data centre capacity over the next seven years as it plays catch up with the United States and China on artificial intelligence

Push to boost computing capacity

EU proposes energy rating for data centres

Former employees of major AI companies have recently resigned warning of the technology's risks

Spanish PM says unregulated AI could be 'devastating'

The Bank of Japan is widely expected to hike interest rates on Friday

Global stocks mixed as yen falls despite Bank of Japan rate hike

'We have a shared dream'

Mbappe ends Nike partnership to join Swiss brand On

Anthropic said its Claude chatbot leads more than a quarter of its research and development work

Adding to concerns

Anthropic says AI systems moving towards building themselves

The bank's rate hike comes as it looks bring consumer prices under control

Bank of Japan hikes rates to 31-year high to battle inflation

AI company Anthropic is expected to press ahead with an IPO later this year despite doomsday warnings from industy insiders about the potential dangers of artificial intelligence

'Gambling with our lives'

AI doomsday warnings unlikely to slow IPOs but questions linger

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