Technology/Science
Move Over ChatGPT: Elon Musk Plans Generative AI Startup to Rival OpenAI
Billionaire Elon Musk is working on launching an artificial intelligence startup that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans. ...
Amazon Cranks Up AI Competition With New Cloud Tools
Amazon.com Inc.'s cloud computing division on Thursday released a suite of technologies aimed at helping other companies develop their own chatbots and image-generation services backed by artificial ...
AI ‘Trustworthiness’ Is Focal Point of New Government Inquiry
A U.S. Commerce Department agency is opening an inquiry into how companies and regulators can ensure that artificial intelligence systems are trustworthy, legal and ethical. The probe by the National ...
Insurer Scores Court Victory Over Green Energy Tax Credits
An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, striking down a $24 million tax ...
TikTok’s Chinese Ownership, Security Concerns Spark Bans Across Nations
The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters this week. The move follows the ...
Reinsurance Tech Firm Tremor Launches Cat Bond Issuance Platform
Tremor Technologies Inc., the Boston-based reinsurance pricing and placing platform, has launched a catastrophe bond issuance platform called Tremor Issuer™. Tremor Issuer is part of the suite of ...
To the Moon and Back: Space Tourism and Insurance
Space tourism, or human space travel for recreational purposes, is in its early days. For insurers, this means it's an emerging business that most aren't ready to tackle yet. Neil Stevens, senior ...
FTX’s Crash Exposes Insurance Black Hole That Risks Impeding Crypto Sector Recovery
A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of giving investors a way of insuring against such events. Stock ...