OpenAI CEO Urges Global Cooperation for AI Regulation
During his visit to South Korea, Sam Altman, the CEO of OpenAI, advocated for global collaboration in regulating generative artificial intelligence.
UBS and Swiss Government Reach Credit Suisse Loss-Sharing Agreement
UBS and the Swiss government have agreed on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the way for the takeover to close within days.
