Browsing: vows

Oil prices rose Monday as Yemen’s Iran-backed Houthi movement launched additional strikes on Saudi Arabia, adding to worries about tight global supplies heading into the northern hemisphere winter.

The new president of electric parts maker Nidec has vowed to rebuild the company after a series of accounting and product quality scandals. The pledge came as the firm’s auditor declined to give an opinion on Nidec’s latest financial report.

Fast-food chain McDonald’s (MCD) announced the launch of its new “NEXT” initiative at its investor day, promising to provide better food and improve customer experiences at their locations.

President Trump on Saturday announced he is forming an “AI Force,” rejecting the negative sentiment around AI data centers and tech leaders’ warnings about the rapid development of artificial intelligence. 

OpenAI has disclosed six reports of “unexpected or concerning” behavior in artificial intelligence models as the debate on AI safety becomes increasingly heated.

Drones Ukrainian drones struck a logistics centre belonging to Ozon in the Russian region of Samara overnight, where a massive fire broke out. This is the ‘first attack’ against the Russian e-commerce giant, second only to Wildberries, whose hubs have already been targeted on several occasions. The company, according to Tass, which confirmed the incident,…