Family of Florida mass shooting victim sues OpenAI in US court
May 11 (Reuters) - The family of a man killed in a 2025 mass shooting at Florida State University has filed a lawsuit against OpenAI in a U.S. court, claiming the shooter was aided by ChatGPT in planning the attack.
Netflix sued by Texas for allegedly spying on consumers
May 11 (Reuters) - Netflix was sued on Monday by Texas Attorney General Ken Paxton, who accused the streaming company of spying on consumers by collecting their data without consent, and designing its platform to be addictive.
California county sues Meta over scam ads
May 11 (Reuters) - California's Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California's false advertising and unfair business practices laws.
SoftBank's Son considers up to $100 billion investment in France, Bloomberg News reports
May 11 (Reuters) - SoftBank Group Corp founder Masayoshi Son is considering an investment of up to $100 billion in France, including a multibillion-dollar project to build AI infrastructure in the European nation, Bloomberg News reported on Monday.
OpenAI creates new unit with $4 billion investment to aid corporate AI push
May 11 (Reuters) - OpenAI said on Monday it is setting up a new company with more than $4 billion in initial investment to help organizations build and deploy artificial intelligence systems, and will acquire an AI consulting firm, Tomoro, to quickly scale up the unit.
Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle
LONDON, May 11 (Reuters) - Online fast-fashion platform Shein accused Temu of copyright infringement "on an industrial scale", while Temu countered that Shein is using litigation to stifle competition, as a trial opened at London's High Court on Monday.
Alphabet considers first yen bond sale to fund AI goals
TOKYO, May 11 (Reuters) - Alphabet plans to sell Japanese yen-denominated bonds for the first time, it disclosed in a filing on Monday, as technology giants tap debt markets to fund artificial intelligence infrastructure deployments.
EU Commission in talks with OpenAI and Anthropic over AI models
BRUSSELS, May 11 (Reuters) - The European Commission is in ongoing discussions with U.S. artificial intelligence giants OpenAI and Anthropic, a spokesperson said on Monday.
Circle sees revenue boost as stablecoin demand rises amid volatility; shares up
May 11 (Reuters) - Circle on Monday reported higher quarterly revenue and reserve income driven by increased adoption and circulation of its stablecoin, sending its shares rising nearly 5% in trading before the bell.
AI labs should pass safety review to get US government contracts, group says
May 11 (Reuters) - The Trump administration should screen cutting-edge artificial intelligence models for security threats before they are publicly released and withhold lucrative government contracts from those that fail review, an advocacy group told U.S. officials on Monday.
