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Microsoft expands AI access to public
Microsoft expands AI access to public
Business and Economy
by  AFP

Microsoft on Thursday expanded public access to its generative artificial intelligence programs, despite fears that tech firms are rushing ahead too quickly with potentially dangerous technology. A prominent computer scientist often dubbed "the godfather of artificial intelligence" recently quit his job at Google to speak out about the dangers of the technology.

Asian markets mixed after US fed hikes rates again
Asian markets mixed after US fed hikes rates again
Business and Economy
by  AFP

Asian markets were mixed in early trade on Thursday, after the Federal Reserve soured the mood on Wall Street by not only raising rates but also indicating that it would not cut them any time soon. Hong Kong, however, bucked the slide on Wall Street to post solid morning gains of around one percent, driven by commerce and industry stocks.

ECB expected to slow pace of rate hikes
ECB expected to slow pace of rate hikes
Business and Economy
by  AFP

The European Central Bank is expected to hike interest rates again Thursday to fight inflation but at a slower pace, as higher borrowing costs take their toll and banking sector fears resurface. Concerns about the banking sector -- and the impact on lenders of monetary tightening -- also resurfaced this week after the collapse of another US lender.

US regulator targets AI ahead of White House confab
US regulator targets AI ahead of White House confab
Business and Economy
by  AFP

A US regulator put artificial intelligence in the crosshairs ahead of a White House meeting Thursday with tech firms to strategize about its dangers. The White House will meet with chief executives from Google, Microsoft, OpenAI and Anthropic on Thursday to discuss the promise and risks of artificial intelligence.