In the latest business news from the New York Times on May 7, several key stories have emerged that are making waves in the business world.
The U.S. Federal Aviation Administration has launched a new investigation into Boeing after the aircraft manufacturer disclosed that it may have overlooked required inspections related to the wings of some 787 Dreamliners. This development has raised concerns about the safety and compliance standards of Boeing’s aircraft.
Meanwhile, British self-driving technology startup Wayve has successfully secured $1 billion in funding to expedite the development and launch of production-model vehicles equipped with its Embodied AI technology. This technology is designed to learn from and adapt to human behavior, marking a significant advancement in the field of autonomous vehicles.
In a move towards international cooperation, American and Chinese diplomats are set to engage in arms control talks later this month, focusing on the regulation of artificial intelligence. This marks the first step towards establishing guidelines and agreements on the use of AI in military and defense applications.
These stories highlight the intersection of technology, safety, and international relations in the business world, showcasing the ongoing developments and challenges faced by companies and governments alike. Stay tuned for more updates on these and other stories shaping the global business landscape.