Canada’s anti-money laundering agency on Thursday said it had imposed a nearly C$6 million ($4.38 million) fine on cryptocurrency exchange Binance for violating the money laundering and terrorist financing laws.
Shares of Arm Holdings , fell 6% on Thursday as the chip designer’s downbeat annual revenue forecast cooled some of the enthusiasm around the stock following its AI-powered jump in recent months.
Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation.
Meta’s oversight board upheld a decision to remove two Facebook posts calling for Australians to vote multiple times in an indigenous rights referendum, but noted the social media giant had not adequately explained its ban on encouraging voter fraud.
TikTok plans to start labelling images and video uploaded to its video-sharing service that have been generated using artificial intelligence, it said on Thursday, using a digital watermark known as Content Credentials.
Israeli contract chipmaker Tower Semiconductor beat quarterly profit and revenue estimates on Thursday and said it expects improvement throughout 2024 despite weak demand for industrial and automotive chips due to an economic downturn.
The Biden administration plans to put guardrails on U.S.-developed artificial intelligence (AI) models that power popular chatbots like ChatGPT to safeguard the technology from countries such as China and Russia, Reuters has reported.
Robinhood Markets rose in morning trade on Thursday after reporting record first-quarter revenue and profit thanks to mom-and-pop investors returning to its commission-free platform to trade cryptocurrencies.
Google Deepmind has unveiled the third major version of its “AlphaFold” artificial intelligence model, designed to help scientists design drugs and target disease more effectively.
