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Chip, chip … boom? South Korea tech makers join the trillion-dollar club but some fear a short-circuit looms

South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakers South Korea has leapfrogged India to become the world’s sixth largest share market, leaving equity markets in the UK, Germany and France trailing in its dust. But despite the …

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Sydney academic used AI to write SMH opinion piece urging students to avoid using tech to ‘cut corners’

Sydney Morning Herald removes piece by Cath Ellis, despite Western Sydney University saying her use of AI was ‘appropriate’ Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast A top Sydney academic used AI to write an opinion piece that urged students to “do …

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You hunch over a screen all day. Here are six small ways to relax your tight neck and achy back

Find relief from back pain and muscle tension with picks our contributors love, like slip-on shoes and thick cushions Seven essential gadgets to live with when you have back pain, from grabbers to lap desks Sign up for the Filter US newsletter, your weekly guide to buying fewer, better things In another world, pressing play …

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Trump signs executive order seeking early access to new AI releases

Under new rules, tech companies will be asked to share AI models with government for review before public release Donald Trump signed an executive order to create a voluntary framework for the federal government to vet powerful new AI models before they are released. Tuesday’s highly anticipated order represents an attempt by the president to …

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Google owner Alphabet to sell $80bn in stock to fund AI spending spree

One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway Business live – latest updates Google’s parent company Alphabet has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom. …

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Florida lawsuit accuses OpenAI of ignoring safety warnings and putting children at risk

State sues maker of ChatGPT and CEO Sam Altman, alleging company ‘allowed a dangerous product to reach millions’ Florida filed a lawsuit against OpenAI, the maker of ChatGPT, and its CEO, Sam Altman, on Monday alleging that the company concealed serious safety risks with its chatbot. Florida is the first state in the US to …

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Alphabet to raise $80bn from share sales to fund AI spending splurge – business live

Rolling coverage of the latest economic and financial news Anthropic confidentially files for initial public offering on US stock market Youth unemployment in the UK is set to hit almost 18% next year, as the rollout of AI systems destroys some entry level jobs. The British Chambers of Commerce has predicted that the UK’s youth …

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Tuesday briefing: Palantir’s rise – and why so many oppose its role in the British state

In today’s newsletter: Its software is used from health services to militaries. But controversies and criticism of the $375bn company are leading some to ask if Palantir is too powerful Good morning. The Peter Mandelson story keeps unfolding. Peter Walker explains here what is in the latest release of documents, and Henry Dyer takes a …

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Hackers trick Meta AI support bot to infiltrate Obama White House Instagram account

Breach confirmed by Meta raises concerns about how safe it is to rely on AI for key security measures such as passwords Hackers used Meta’s AI-powered support chatbot to infiltrate high-profile Instagram accounts, the company confirmed on Monday, saying it had resolved the problem after researchers exposed it. The targets ranged from Barack Obama’s White …

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Anthropic confidentially files for initial public offering on US stock market

Financial stakes of AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this year Anthropic has filed confidentially for an initial public offering on the US stock market, the company announced Monday. The AI firm makes the Claude chatbot, popular with software engineers and other business clients, and has …

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