Keywords: Competition
Demis Hassabis has warned that the most important challenge in artificial intelligence is not the race to build better chatbots but the safe development of artificial general intelligence. His remarks come amid renewed attention driven by a recent biography and a series of public appearances that have......
Nvidia chief executive Jensen Huang said he made a mistake by not investing earlier in Anthropic, as he pushed back against claims that custom AI chips from major tech rivals threaten Nvidia’s leadership. Speaking in a recent podcast, Huang argued that building a platform superior to Nvidia’s......
France’s competition authority has imposed fines totaling €12.7 million on the trade association Synadis Bio and subsidiaries of major retailers Carrefour and Intermarché over an illegal agreement involving the sale of organic products. The regulator found that the parties engaged......
Volkswagen is bracing for a potential downturn in the world’s largest auto market, with its China chief warning that passenger car sales could decline for the first time since 2018. Ralf Brandstätter said even flat sales would represent the best-case scenario for 2026, following about 24 million......
Chinese electric vehicle manufacturer BYD is deliberately avoiding a price war in South Africa as competition intensifies in Africa’s second-largest automotive market. The South African automotive sector is experiencing a rapid influx of electric vehicles, plug-in hybrids, range-extender models,......
The European Commission has raised concerns over new policies introduced by Meta Platforms regarding access to artificial intelligence services on its messaging platform WhatsApp. According to EU regulators, the introduction of fees for third-party AI assistants could violate competition rules and limit......
Burberry has reaffirmed its confidence in the long-term growth potential of the Asian market, even as competition in the region continues to intensify. Speaking at a major investment conference in Hong Kong, the company’s chief financial officer, Kate Ferry, highlighted Asia as a key driver of......
Amazon and Globalstar have reached a definitive merger agreement that will reshape the satellite communications market. Under the terms, Globalstar shareholders will receive either 90 dollars per share in cash or 0.3210 Amazon shares, with cash elections capped at 40 percent of total shares. The deal......
Amazon is preparing to acquire satellite operator Globalstar in a deal that could be announced within days, signaling a major escalation in its effort to compete in the low Earth orbit internet market dominated by SpaceX’s Starlink. Discussions between the two companies have advanced in recent......
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