Microsoft drops its observer seat on OpenAI board amid regulatory scrutiny
Economy

Microsoft drops its observer seat on OpenAI board amid regulatory scrutiny

Jaap Arriens | Nurphoto | Getty Images Microsoft said it would give up its observer seat on the OpenAI board amid regulatory scrutiny into generative artificial intelligence in Europe and the U.S. Microsoft’s deputy general counsel, Keith Dolliver, wrote a letter to OpenAI late on Tuesday, saying that the position had provided insights into the […]

‘Blowout’ in French borrowing costs still to come amid economic deadlock, veteran investor says
Economy

‘Blowout’ in French borrowing costs still to come amid economic deadlock, veteran investor says

French borrowing costs still face a “blowout” over those of Germany, as political and economic reality sets in following the country’s parliamentary electionaccording to veteran investor David Roche. However, former European Central Bank chief Jean-Claude Trichet told CNBC he believes that, despite current uncertainty, a “coalition of ideas” will form to break any deadlock. The […]

Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante
Economy

Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante

STOCKHOLM — Executives at U.S. tech giants Google and Meta said that Europe’s artificial intelligence industry is being held back by excessive regulation, adding to rhetoric from Donald Trump’s administration that the region’s strict tech rules are choking innovation. Speaking at the Techarena tech conference in Stockholm, Sweden, public policy chiefs at both Google and […]