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China ignored US chip offer, says Lutnick
WORLD

China ignored US chip offer, says Lutnick

Chapel Hill (North Carolina), Sep 3 — US Commerce Secretary Howard Lutnick has said China has not accepted President Donald Trump’s offer to sell it advanced American artificial intelligence chips, arguing that further relaxation of technology export controls is therefore unnecessary. Lutnick made…

Being left behind in AI poses biggest risk to countries: Karp
WORLD

Being left behind in AI poses biggest risk to countries: Karp

Chapel Hill (North Carolina), Sep 3 — Palantir chief executive Alex Karp has warned that being left behind in the artificial intelligence race may pose a greater danger to countries than the technology’s possible adverse consequences, as governments scramble to secure computing capacity,…

UN chief voices concern over latest US-Iran exchanges of fire
WORLD

UN chief voices concern over latest US-Iran exchanges of fire

United Nations, Sep 3 — UN Secretary-General Antonio Guterres is gravely concerned by the renewed exchanges of fire overnight between the United States and Iran, his spokesperson said. "The Secretary-General is deeply alarmed by reports of civilian casualties, including in a strike that reportedly…

US sees India as 'extraordinary' AI partner, says Howard Lutnick
WORLD

US sees India as 'extraordinary' AI partner, says Howard Lutnick

Chapel Hill (North Carolina), Sep 3 — The United States sees India as an “extraordinary opportunity” for artificial intelligence cooperation and is working with New Delhi to build an integrated AI technology stack, Commerce Secretary Howard Lutnick has said.“India is an extraordinary opportunity,…

Iran says 18 killed, 108 wounded in latest US strikes
WORLD

Iran says 18 killed, 108 wounded in latest US strikes

Tehran, Sep 3 — Iran's Health Minister Mohammad-Reza Zafarghandi has said that 18 people were killed and 108 others wounded in overnight strikes by the United States against the country, according to a statement published on the website of the Iranian president's office.In a separate statement,…

G20 seals pact on new emerging technologies principles
WORLD

G20 seals pact on new emerging technologies principles

Chapel Hill (North Carolina), Sep 3 — The Group of 20 nations has reached consensus on a new set of principles governing emerging technologies, overcoming political differences to endorse policies aimed at accelerating innovation, investment and economic growth. US Commerce Secretary Howard…

Bring your AI titans home: Alex Karp tells nations
WORLD

Bring your AI titans home: Alex Karp tells nations

Chapel Hill (North Carolina), Sep 3 — Palantir chief executive Alex Karp has urged governments to bring their leading technology experts home from the United States to help shape national artificial intelligence policies, warning that countries cannot afford to treat the AI race as a political or…

Why Nvidia chief Jensen Huang is not ready to retire?
WORLD

Why Nvidia chief Jensen Huang is not ready to retire?

Chapel Hill (North Carolina), Sep 3 — Nvidia Chief Executive Jensen Huang says he does not need to keep working. He simply cannot bear the thought of missing what artificial intelligence (AI) could deliver over the next decade."I've been working a long time and Surely I don't have to work, but I…

RBI Governor meets US Fed, IMF leaders
WORLD

RBI Governor meets US Fed, IMF leaders

Asheville (North Carolina), Sep 3 — Reserve Bank of India Governor Sanjay Malhotra held separate meetings with US Federal Reserve Chairman Kevin Warsh and a senior International Monetary Fund official on the sidelines of a G20 gathering in North Carolina, the central bank said. Malhotra…

India doing 'very, very well' in AI: Karp
WORLD

India doing 'very, very well' in AI: Karp

Chapel Hill (North Carolina), Sep 3 — Palantir Chief Executive Alex Karp said that India could emerge as a major artificial intelligence (AI) power, citing its technical talent, energy initiatives and capacity to develop advanced AI models. "I could see it doing very, very well," Karp told IANS…

AI cuts three months of work to 17 minutes: Altman
WORLD

AI cuts three months of work to 17 minutes: Altman

Chapel Hill (North Carolina), Sep 2 — Artificial intelligence (AI) can now complete in minutes the work that start-ups were once expected to perform over three months, OpenAI Chief Executive Sam Altman has said, predicting an unprecedented surge in entrepreneurship and small-business creation. "The…

In North Carolina, India pushes global investment partnerships
WORLD

In North Carolina, India pushes global investment partnerships

Asheville (North Carolina), Sep 2 — India has moved to deepen economic partnerships with the European Union, the World Bank, the International Monetary Fund and several major economies, with Finance Minister Nirmala Sitharaman using the G20 meeting in Asheville to seek greater investment, stronger…

US Commerce Secy Lutnick urges AI-IP balance at G20
WORLD

US Commerce Secy Lutnick urges AI-IP balance at G20

Chapel Hill (North Carolina), Sep 2 — US Commerce Secretary Howard Lutnick has urged G20 nations to protect intellectual property (IP) while allowing artificial intelligence (AI) to flourish, warning that countries which fail to safeguard the rights of both domestic and foreign innovators could…

Rejecting AI like rejecting electricity: Altman
WORLD

Rejecting AI like rejecting electricity: Altman

Chapel Hill (North Carolina), Sep 2 — OpenAI Chief Executive Sam Altman has warned governments against shutting artificial intelligence (AI) out of their countries, comparing such a move to rejecting electricity and saying that AI adoption is essential for economic growth and improved public…

Countries must build their own AI capacity: Jensen Huang
WORLD

Countries must build their own AI capacity: Jensen Huang

Chapel Hill (North Carolina), Sep 2 — Every country must develop domestic artificial intelligence capacity and decide which parts of the rapidly expanding technology chain it wants to build, Nvidia chief executive Jensen Huang has said, warning governments against outsourcing all their intelligence…