Economy

Economy Latest News

Will OpenAI be the next tech giant or next Netscape?
Will OpenAI be the next tech giant or next Netscape?
by  AFP

Three years after ChatGPT made OpenAI the leader in artificial intelligence and a household name, rivals have closed the gap and some investors are wondering if the sensation has the wherewithal to stay dominant. Rivals Amazon, Meta and OpenAI-investor Microsoft have deep pockets the ChatGPT-maker cannot match.

French minister urges angry farmers to trust cow culls, vaccines
French minister urges angry farmers to trust cow culls, vaccines
by  AFP

France's agriculture minister Monday defended planned mass cattle culls and vaccines to control an infectious bovine disease, after farmers vowed no let-up in their protests against what they view as excessive slaughtering. Agriculture Minister Annie Genevard on Monday urged farmers to have faith in the plan.

EU faces key summit on using Russian assets for Ukraine
EU faces key summit on using Russian assets for Ukraine
by  AFP

EU leaders are under pressure to hammer out how to keep financing Ukraine at a summit starting Thursday -- with key player Belgium resisting a push to use frozen Russian assets. EU officials have promised leaders will not leave the summit until they agree how to keep funding Ukraine -- setting up potentially marathon talks in Brussels.

Small firms join charge to boost Europe's weapon supplies
Small firms join charge to boost Europe's weapon supplies
by  AFP

European nations have committed themselves to huge hikes in spending on weapons, with giant defence firms reaping the early rewards -- but the signs are that smaller companies and investors are now beginning to mobilise.