Published: April 17, 2023 at five:29 p.m. ET

Shares of technologies firms have been up as the initially complete week of initially-quarter earnings season got beneath way and AI remained in concentrate.

Some European Union lawmakers want to give regulators new powers to govern the improvement of technologies like these behind ChatGPT, the largest push so far in the West to curb 1 of the hottest locations in artificial intelligence. The breakneck pace of AI improvement in current months needs a new set of guidelines tailored to potent, basic-objective AI tools, a group of influential EU lawmakers…

Shares of technologies firms have been up as the initially complete week of initially-quarter earnings season got beneath way and AI remained in concentrate.

Some European Union lawmakers want to give regulators new powers to govern the improvement of technologies like these behind ChatGPT, the largest push so far in the West to curb 1 of the hottest locations in artificial intelligence. The breakneck pace of AI improvement in current months needs a new set of guidelines tailored to potent, basic-objective AI tools, a group of influential EU lawmakers stated in an open letter.

Meanwhile, Alphabet shares fell immediately after the New York Instances reported that Google was devising radical search modifications to beat back AI rivals, immediately after understanding that Microsoft’s Bing may possibly replace Google as the default search engine on Samsung Electronics devices. Microsoft shares have been up slightly.

Sega Sammy Holdings agreed to spend virtually $800 million for the firm behind the “Angry Birds” franchise, a deal that would finish the independence of 1 of the pioneers of the mobile-gaming sector. The transaction is the most recent consolidation move in the broader gaming sector.

Create to Amy Pessetto at amy.pessetto@dowjones.com