AI
Eight state attorneys general filed separate lawsuits against OpenAI on 14 October, alleging ChatGPT harmed children and that the company misled parents about the assistant's safety.
By News Desk · Edited by Editorial Desk
Sources Fortune · NBC News
AI
The US Federal Trade Commission has sent civil investigative demands to OpenAI and Anthropic, Axios reported, seeking documents about security incidents, safeguards, marketing claims and privacy policies.
By News Desk · Edited by Editorial Desk
Sources Axios · The Hill
Technology
TSMC reported a record third-quarter net profit of NT$763.1 billion, about $24 billion and 69 percent higher than a year earlier, on revenue of NT$1.49 trillion, up 51 percent, and guided for fourth-quarter revenue some 58 percent above the prior year.
By News Desk · Edited by Editorial Desk
Sources CNBC · TrendForce · Fortune
AI
Anthropic told prospective investors at a pre-IPO meeting in San Francisco that third-quarter revenue rose 45 percent from the prior quarter to $16.8 billion, up from $11.6 billion in the second quarter and $4.7 billion in the first, attendees said.
By News Desk · Edited by Editorial Desk
Sources Reuters · New York Post
AI
Shares of Nvidia-backed cloud provider CoreWeave steadied on Thursday after a sharp slump, leaving investors focused on the borrowing that increasingly funds AI data centres.
By News Desk · Edited by Editorial Desk
Sources Reuters · Yahoo Finance
Economy / Markets
US producer prices rose 1.3 percent in September from August and 6.3 percent over the year, the fastest monthly gain since March 2022 and the highest annual rate since December 2022, the Bureau of Labor Statistics reported.
By News Desk · Edited by Editorial Desk
Sources US Bureau of Labor Statistics · CNBC
Technology
Japan will provide about $21 billion for two GlobalFoundries semiconductor plants in Malta, New York. The first 300mm fab is due to break ground this year at a cost of roughly $10 billion and to start operating in 2029, with a second plant funded by a similar amount; each would add 900,000 wafers of annual capacity, which GlobalFoundries chief executive Tim Breen said lifts US wafer capacity by about 10 percent.
By News Desk · Edited by Editorial Desk
Sources Sedaily · The Japan Times
Technology
US semiconductor shares were on track to lose $2 trillion of market value in the selloff running since last week, Reuters reported, as investors raised bets on a Federal Reserve rate increase and questioned the cost of the AI build-out.
By News Desk · Edited by Editorial Desk
Sources Reuters · Kitco News
Economy / Markets
US stocks closed higher on Thursday after a weak start, with the Dow Jones Industrial Average up 1.08 percent to 52,177.69, the S&P 500 up 0.33 percent to 7,744.06 and the Nasdaq Composite ahead just 0.08 percent at 26,713.03 after falling as much as 1.4 percent intraday.
By News Desk · Edited by Editorial Desk
Sources CNBC · AFP
Football
Inter Milan confirmed that captain Lautaro Martinez underwent clinical and diagnostic tests that revealed a strain in his left hamstring, and Italian media reported the Argentina forward will be sidelined for about a month.
By News Desk · Edited by Editorial Desk
Sources Inter · AFP
Economy / Markets
Spot gold rose about 1.3 percent to $4,158.63 an ounce on Thursday, recovering from a one-week low, while spot silver jumped roughly 3.2 percent to near $57.31 as the dollar softened.
By News Desk · Edited by Editorial Desk
Sources CNBC · Moneycontrol
Football
FIFA and the Saudi Esports Federation postponed the FIFAe Finals 2026, which had been scheduled in Jeddah from 16 to 25 October, citing recent attacks on Saudi Arabia, with no new date announced.
By News Desk · Edited by Editorial Desk
Sources Reuters · Nine
AI
OpenAI said on 15 October that its ChatGPT extension for Google Chrome can now read across a user's open tabs, take control of them to send messages, fill in forms and download files, and group or organise tabs.
By News Desk · Edited by Editorial Desk
Sources The Verge · Unite.AI
Technology
Ericsson reported third-quarter net sales of SEK 59.5 billion, up six percent year on year and 13 percent on the prior quarter, with organic growth of seven percent driven mainly by its Networks business.
By News Desk · Edited by Editorial Desk
Sources Ericsson · AP via WTOP
Football
Liverpool head coach Andoni Iraola said it is still too early to rule Alexander Isak, Cody Gakpo and Dominik Szoboszlai out of Saturday's Premier League trip to Brentford after all three missed the defeats by Manchester City and the midweek Champions League win at LASK.
By News Desk · Edited by Editorial Desk
Sources This Is Anfield · Yahoo Sports