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OpenAI CEO Says ‘Optimistic’ on Global AI Coordination 

Sam Altman, CEO of ChatGPT maker OpenAI, leaves an open dialogue with students at Keio University in Tokyo, Japan June 12, 2023. (Reuters)
Sam Altman, CEO of ChatGPT maker OpenAI, leaves an open dialogue with students at Keio University in Tokyo, Japan June 12, 2023. (Reuters)
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OpenAI CEO Says ‘Optimistic’ on Global AI Coordination 

Sam Altman, CEO of ChatGPT maker OpenAI, leaves an open dialogue with students at Keio University in Tokyo, Japan June 12, 2023. (Reuters)
Sam Altman, CEO of ChatGPT maker OpenAI, leaves an open dialogue with students at Keio University in Tokyo, Japan June 12, 2023. (Reuters)

The CEO of ChatGPT maker OpenAI on Monday said a tour of capital cities had left him "quite optimistic" about prospects for global coordination on artificial intelligence (AI).

The public face of the startup, backed by Microsoft Corp , has been on a whirlwind tour looking to capitalize on interest in generative AI and exert influence on regulation of the burgeoning technology.

"I came to the trip ... skeptical that it was going to be possible in the short term to get global cooperation to reduce existential risk but I am now wrapping up the trip feeling quite optimistic we can get it done," Sam Altman told students in Tokyo.

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Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
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Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)

Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, missing analysts' estimates by far.

Its chip business struggled with weak sales of artificial intelligence chips, dogged by delays in the supply of its latest chips to Nvidia and continued losses in its contract chip manufacturing business, analysts said.

The world's largest memory chipmaker estimated an operating profit of 4.6 trillion won for the April-June period, versus a 6.2 trillion won LSEG SmartEstimate.

That would compare with 10.4 trillion won in the same period a year earlier and 6.7 trillion won in the preceding quarter.

Revenue would likely fall 0.1% to 74 trillion won from a year earlier, the filing showed.

Samsung is expected to release detailed results, including a breakdown of earnings for each of its businesses, in late July.