Eight States Sue OpenAI Over How ChatGPT Treats Minors
Attorneys general in eight states filed separate lawsuits against OpenAI on October 14, each in its own state court, arguing that the company’s chatbot is harming children. Iowa, Kansas, Nebraska,…
TSMC Looks Beyond Arizona and Talks About a Texas Plant It Would Run
TSMC is evaluating sites beyond Arizona for its next American expansion, and the chief executive’s condition for a Texas plant was stated plainly: the company would have to operate it.…
TSMC Posts a Sixth Straight Record Quarter and Raises Its Outlook
Taiwan Semiconductor Manufacturing reported another set of record numbers on October 15, the sixth consecutive quarter in which it has set a high for revenue and profit, and raised its…
A Consultation on Indonesia’s Market Status Erases 11 Percent in a Morning
MSCI opened a consultation on October 15 about reclassifying Indonesia away from emerging market status, and by the next morning the Jakarta Composite Index had fallen 11 percent at its…
A Model Name Appears in Microsoft’s Cloud Catalog Before Anyone Announces It
A model identifier showed up in a Microsoft Azure catalog and in a public record left by a routing tool, and the appearance was enough to generate a release announcement…
Anthropic Opens a Faster Setting for Its Top Model and Prices It Higher
Anthropic has removed the waiting list from the fast mode of its most capable model, making a setting that trades cost for speed available to developers and subscribers who had…
RBC Names a Private Banking Head in Singapore and Adds Seven Bankers
Royal Bank of Canada’s wealth management division has appointed Daniel Soo as managing director and head of private banking in Singapore, a role that puts him in charge of the…
Another Synchronized Hit for Hedge Funds, the Third This Year
Quantitative hedge funds took their worst single day since August on Thursday, in a decline that Goldman Sachs data described as a simultaneous drop across strategies that has been rare…
Anthropic Investors Weigh a Lower Valuation for Its Coming Listing
The revenue number Anthropic showed prospective investors this week was large and the growth rate attached to it was smaller than the one before, and that combination has some of…
Musk Says SpaceX May Follow Anthropic and Open Itself to Outside Review
Elon Musk said on October 16 that SpaceX may adopt the same kind of independent evaluation that Anthropic has begun to accept, a remark that extends a practice built for…
