WASHINGTON: The explosion of generative AI has taken the world by storm, but one question all too rarely comes up: Who can afford it? OpenAI bled around $540 million last year as it developed ChatGPT and says it needs $100 billion to meet its ambitions, according to industry media The Information.

BEIJING: China’s cybersecurity watchdog said Sunday US chipmaker Micron had failed a national security probe and told “operators of critical information infrastructure” to stop purchasing its products.

WASHINGTON: President Joe Biden on Sunday slammed Republican demands in negotiations to resolve the US debt ceiling standoff as “unacceptable” but said a solution can still be found before a disastrous default.

Hiroshima: Italy’s Prime Minister Giorgia Meloni on Saturday said the International Monetary Fund should take a “pragmatic” approach to a bailout for Tunisia, in comments to other G7 leaders in Japan.

KUWAIT: Google Cloud is entering the Kuwaiti market after the Kuwait Direct Investment Promotion Authority approved the establishment of the ‘Google Cloud Computing Services Company’ as an independent firm. The company, which will serve as Google Cloud’s office in Kuwait, will operate under the ‘One Person Company’ business model.

KUWAIT: Official consumer, monetary and banking data in the first quarter of 2023 continued to signal a normalization in Kuwait’s non-oil economy post-pandemic.

HIROSHIMA: The sight of a tired-looking top White House domestic policy adviser in a Hiroshima hotel said it all: President Joe Biden may be on the other side of the world but his political fight back home over the debt ceiling has followed him.

HIROSHIMA: The world must urgently assess the impact of generative artificial intelligence, G7 leaders said Saturday, announcing they will launch discussions this year on “responsible” use of the technology.

HIROSHIMA: G7 leaders vowed Saturday that attempts to “weaponize” trade and supply chains would “fail and face consequences,” in a thinly veiled warning to China over its economic practices.