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(Reuters) -Tesla CEO Elon Musk has told Nvidia to prioritize shipments of AI processors to his companies X and xAI over the electric-vehicle maker, CNBC reported on Tuesday. The news signals Musk is giving precedence to artificial intelligence-related development outside Tesla and fanned concerns some shareholders have raised over his commitment to the EV firm …

Musk asks Nvidia to ship AI chips booked for Tesla to X and xAI, CNBC reports Read More »

(Reuters) – A group of current and former employees at artificial intelligence (AI) companies, including Microsoft-backed OpenAI and Alphabet’s Google DeepMind on Tuesday raised concerns about risks posed by the emerging technology. An open letter by a group of 11 current and former employees of OpenAI and one current and another former employee with Google …

OpenAI, Google DeepMind’s current and former employees warn about AI risks Read More »

MILAN (Reuters) -The European Commission has approved an Italian state aid scheme potentially worth 35.3 billion euros ($38 billion) over the next 20 years to support the increase of electricity produced through renewable sources, the EU said on Tuesday. The aid will be financed through a levy included in electricity bills and paid by consumers, …

EU approves potential $38 billion of renewables subsidies in Italy Read More »

By Tim Hepher, Lisa Barrington and Aditi Shah DUBAI (Reuters) – Airlines and energy firms clashed over scarce availability of alternative fuels on Tuesday as carriers ended a three-day summit struggling to square near-record demand with supply chain problems and pressure to meet environmental goals. The aviation industry has committed to reducing net emissions to …

Airlines and energy firms clash over green fuel supplies Read More »

By Huw Jones LONDON (Reuters) -Market watchdogs across the European Union have punished few instances of “greenwashing” by financial firms, partly because regulators don’t have enough resources to use their powers, the EU’s securities regulator said on Tuesday. Billions of euros have flowed into investments and companies that tout their green credentials, raising concerns among …

Regulators lack resources to tackle greenwashing, says EU watchdog Read More »

(Reuters) – Airbus SE is negotiating a major sale of A330neo aircraft to China, with some of the largest Chinese airlines considering buying more than 100 of the upgraded A330 models, Bloomberg News reported on Tuesday. The terms are still being discussed and the timing is uncertain, the report said, citing people familiar with the …

Airbus in talks to sell over 100 widebody jets to Chinese airlines, Bloomberg reports Read More »

By Foo Yun Chee BRUSSELS (Reuters) – Microsoft on Tuesday found itself targeted in two complaints filed by privacy advocacy group NOYB to the Austrian privacy watchdog related to its online education software, the latest grievances levelled against the U.S. tech giant. Online educational programmes gained in popularity during the COVID-19 pandemic as schools switched …

Microsoft hit with Austrian privacy complaints over its education programme Read More »

ZURICH (Reuters) – Swiss financial regulator FINMA wants to be able to name and shame banks which breach its rules, Chief Executive Stefan Walter told newspaper NZZ in an interview published on Tuesday. The call is one of FINMA’s demands for increased powers after the authority came under fire over its handling of Credit Suisse’s …

Swiss financial regulator wants to be able to name and shame banks Read More »