Search engine giant Baidu Inc beat first-quarter revenue and profit estimates on Tuesday as businesses spent more on advertising amid China’s post-COVID reopening, and said it was awaiting regulatory approval to launch its ChatGPT-like Ernie bot.
Nanosynth Group said on Tuesday it has proposed to enter into creditors’ voluntary liquidation, after an unsuccessful attempt to procure necessary funding.
Singaporean tech firm Sea Ltd missed first-quarter profit estimates on Tuesday, as its digital entertainment revenue halved and it took a one-time charge of more than $100 million.
Hippocratic AI, a startup building artificial intelligence models for the healthcare industry, has raised $50 million in a larger-than-usual seed funding round, signaling strong investor interest in betting on AI models for specific industries.
Tesla Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new models when he speaks at the electric-car maker’s annual shareholder meeting on Tuesday.
The U.S. Justice Department said it plans on Tuesday to announce the first enforcement actions from a “strike force” of federal prosecutors formed in February in part to keep sensitive technologies away from countries like Russia and China.
The Biden administration said Tuesday it has formed an interagency team to develop a national strategy relating to advanced air mobility efforts such as flying taxis.
Zoom Video Communications Inc said on Tuesday it has invested an undisclosed sum in Anthropic and will integrate the artificial intelligence start-up’s technology into its video-conferencing platform.
Global regulators will shortly propose the first set of international rules for cryptoassets, including how existing norms could apply to the sector, a top regulator said on Tuesday.
Senior Tesla Inc executives will meet Indian government officials on Wednesday and Thursday to discuss local procurement of parts and other issues, a source with direct knowledge of the matter told Reuters.
