Tech News

Tech rivals chase ChatGPT as AI race ramps up

Chasing Microsoft, global tech giants have rolled out announcements on how they will implement ChatGPT-like artificial intelligence into their world leading platforms and applications, with YouTube the latest to present plans.. Here is a roundup of how the world's biggest tech companies plan to surf the AI wave: - Microsoft - Microsoft has gone the furthest in pushing out generative AI to consumers and has pledged to pump billions of dollars into OpenAI, the company behind ChatGPT. The Windows-maker is aggressively testing the latest version of OpenAI's GPT-3 technology in a beefed up Bing search engine, with plans to add the tool to the easily accessible Windows 11 taskbar.

SpaceX Dragon crew to blast off for ISS

A SpaceX Falcon 9 rocket is to make a second attempt on Thursday to blast off for the International Space Station carrying two NASA astronauts, a Russian cosmonaut and the second Emirati to voyage to space.. NASA astronauts fly regularly to the station on Russian Soyuz craft.

Europeans scramble in AI race

Generative AI chatbots unveiled by US tech firms have captivated the world with their spectacular successes and failures in engaging in conversations.. It has been a wake-up call for European firms," said Laurent Daudet at French startup LightOn. "But the battle for generative AI isn't over," he added.

US lawmakers advance bill on banning TikTok

A panel of US lawmakers voted Wednesday to advance a bill that would make it easier to ban Chinese-owned video sharing app TikTok, amid criticism that the proposal threatens free speech.. "My bill mandates the administration to ban TikTok or any software applications that threaten US national security," said the committee's chairman Michael McCaul.

Italian firm gears up to restart works on Total's Mozambique gas project

An Italian firm contracted by French energy giant TotalEnergies said on Wednesday it was gearing up to resume work on a Mozambique gas project that was halted for security reasons in 2021 as soon as in July.. But sporadic and low-level jihadists attacks continue in part of the province Presenting Saipem's 2022 results during an online call on Tuesday, CEO Alessandro Puliti said the Italian firm expected to "progressively" resume work for TotalEnergies. 

TikTok to add screen time limits for young users

TikTok on Wednesday said it would introduce automatic daily screen time limits of one hour for accounts belonging to under-18s, as the social media platform faces criticism over its addictiveness among young users.. The Chinese social media site has faced criticism over the soaring amount of time children aged between four and 18 spend scrolling through videos suggested to them based on their tastes and algorithms.

US drugmaker Eli Lilly says slashing insulin prices by 70%

US pharmaceutical giant Eli Lilly announced Wednesday it was cutting the cost of its most commonly prescribed insulins by 70 percent after years of soaring prices that hit millions of Americans living with diabetes.. It will also lower the price of Humalog, its most commonly prescribed insulin, and Humulin, by 70 percent starting in the fourth quarter of this year.

Chinese phone makers emerge from Huawei's shadow

Western governments are falling over each other to restrict social media platform TikTok, but Chinese firms are still huge in sectors from smartphones to network equipment and are only looking to grow.. They are seeking to fill the hole left by Huawei, which scaled back its smartphone business in 2020 to concentrate on other sectors like network equipment.

Glazers' demands set to delay Manchester United takeover: reports

Plans for a takeover of Manchester United could be delayed until May, with the current US-based owners the Glazer family said to be holding out for a better offer, according to British media reports.. In another report, the Guardian said there was indecision among the six Glazer siblings because each had their own view of any takeover but that the sale remained "under serious consideration by the family as a whole".

Carmaker Aston Martin's losses almost triple

British luxury carmaker Aston Martin Lagonda on Wednesday said annual losses almost tripled on soaring costs and supply strains, but shares surged on rebounding sales and a bright outlook.. "Aston Martin has been held back by logistics and supply issues, like many of its automotive peers," said Sophie Lund-Yates, equity analyst at stockbroker Hargreaves Lansdown.