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OpenAI CEO tells US senators regulation is 'critical'
OpenAI CEO tells US senators regulation is 'critical'
Business and Economy
by  AFP

Sam Altman, the chief executive of ChatGPT's OpenAI, told US lawmakers on Tuesday that regulating artificial intelligence was essential, after his chatbot stunned the world. "OpenAI was founded on the belief that artificial intelligence has the potential to improve nearly every aspect of our lives, but also that it creates serious risks," Altman told a Senate judiciary subcommittee hearing.

QatarEnergy awards $10 bn gas contract to Technip Energies, CCC
QatarEnergy awards $10 bn gas contract to Technip Energies, CCC
Business and Economy
by  AFP

QatarEnergy said Tuesday it awarded a contract worth about $10 billion to a joint venture of France's Technip Energies and Consolidated Contractors Company, in the Gulf emirate's latest major gas deal. "Technip holds a comfortable majority of the capital," a source close to the French company told AFP. Consolidated Contractors Company (CCC) is a global engineering and construction firm.

Republicans, Democrats trade blame before US debt talks
Republicans, Democrats trade blame before US debt talks
Business and Economy
by  AFP

President Joe Biden and Republican leaders are set to reconvene Tuesday for crunch talks on raising US borrowing limits, with a possible debt default now just weeks away. - Breaking the stalemate - Little progress was made in the first round of talks between Biden and congressional leaders last week, with both sides blaming each other for the stalemate.

Martha Stewart, 81, is oldest Sports Illustrated swimsuit cover model
Martha Stewart, 81, is oldest Sports Illustrated swimsuit cover model
Business and Economy
by  AFP

American lifestyle guru Martha Stewart has become the oldest cover model for Sports Illustrated's annual swimsuit edition, at the age of 81. "Usually I'm motivated by pay but this time I was motivated by showing people that a woman my age can still look good, feel good, be good," Stewart said in a video on Sports Illustrated's swimsuit edition website.

US retail sales, industrial production post April gains
US retail sales, industrial production post April gains
Business and Economy
by  AFP

Retail sales in the United States returned to growth in April fueled by a rebound in motor vehicle sales, data released Tuesday showed, but not by as much as many expected. - Strong vehicle production - A separate report released Tuesday by the Federal Reserve showed industrial production rose 0.5 percent month-on-month, beating median expectations of economists surveyed by MarketWatch.