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The New York Times sues OpenAI and Microsoft over copyright infringement | Business News
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The New York Times has become the first major news organisation to sue the makers of the groundbreaking generative artificial intelligence (AI) chatbot, ChatGPT. In a lawsuit filed on Wednesday morning in Manhattan, lawyers for the New York Times alleged Open AI, and its biggest investor Microsoft, unlawfully used its articles to train and create…
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Amazon to launch AI business chatbot named Q | Science & Tech News
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Amazon says it will launch a business chatbot named Q powered by generative artificial intelligence (AI). The announcement, made in Las Vegas at an annual conference the company hosts for its AWS cloud computing service, represents Amazon’s response to rivals who have rolled out chatbots that have captured the public’s attention. San Francisco start-up OpenAI’s…
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Amazon Black Friday strike: Workers in Coventry to walk out as part of international action against retailer | Business News
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Amazon workers in the UK are to go on strike today to coincide with Black Friday – one of the company’s busiest shopping days of the year. More than 1,000 staff at the firm’s warehouse in Coventry are expected to take part in the walkout, the GMB union said, amid a long-running dispute over pay…
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HSBC online and mobile banking services return after Black Friday outage | Business News
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HSBC’s online and mobile banking services have been restored after customers faced major disruption on Black Friday. The bank said the issues began just after 8am on the busy shopping day due to an issue with its “internal systems”. Services were back and up and running on Saturday morning, having started to return late on…
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Majority of OpenAI employees threaten to quit and join Microsoft unless board resigns | Business News
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More than 500 employees of revolutionary artificial intelligence (AI) company OpenAI have said they will leave if the ousted CEO Sam Altman is not reinstated and the board does not resign. A letter from 505 of the approximately 700 OpenAI employees threatened to quit and jump ship to Microsoft, having received assurances that there are…
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No immediate return to OpenAI for Sam Altman as new interim CEO appointed | Business News
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A new interim chief executive has been appointed to the company behind major AI chatbot ChatGPT, as the OpenAI board said it stood by its decision to fire Sam Altman. Mr Altman, the founder of OpenAI and former CEO, was fired in a shock announcement on Friday, as the not-for-profit company board said Mr Altman…
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Apple iPhone sale revenue reaches new record | Business News
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Revenue from iPhone sales reached a new record due to high demand in China and emerging markets, the company announced on Thursday. However, the high Q3 revenue was not enough to reverse the downward trend in Apple’s overall performance. A total of $43.8bn (£35.9bn) was raised from iPhone sale alone after price rises and the…
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Sam Bankman-Fried: FTX boss testifies in fraud trial – after jury sent home | Business News
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Former crypto tycoon Sam Bankman-Fried has taken the stand in his fraud trial – after the jury in the case was sent home for the day. US District Judge Lewis Kaplan said he wanted to hear the 31-year-old’s evidence first, without jurors, on Thursday before deciding which portions would be admissible. The surprise move was…
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Amazon and Microsoft’s dominance in UK cloud sector faces investigation | Business News
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The competition regulator is to investigate the dominance of Amazon and Microsoft in the UK’s cloud market. It follows a study by the telecoms watchdog Ofcom which “identified features that make it more difficult for UK businesses to switch and use multiple cloud suppliers”. Ofcom added: “We are particularly concerned about the position of the…
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Elon Musk says X’s election interference team ‘are gone’ | Business News
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Elon Musk has announced his social media company X, formally known as Twitter, has removed the team monitoring election misinformation. The tool to report misinformation has been taken away – except for in the European Union – prompting concern from thinktank Reset Australia ahead of the country’s aboriginal rights referendum next month. In a post…