Artificial intelligence
AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker
OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman’s company take a 10% stake in the chipmaker. AMD stock skyrocketed more than 25% Monday during premarket trading following the news. OpenAI will deploy 6 gigawatts of AMD’s Instinct graphics processing units over multiple years and across multiple generations of hardware, […]
Read More
Nuclear in my backyard? More of America, and the market, seems OK with it
GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components. Courtesy: GE Vernova Van Buren County is a rural redoubt in southwestern Michigan, a quiet corner of a swing state. Pillow soft sand dunes shift and shape along the shores of Lake Michigan. And the county seat – Paw Paw – is named after […]
Read More
Goldman boss David Solomon warns of a stock market drawdown: ‘People won’t feel good’
David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Stock markets are due a “drawdown” in the next year or two after years of being propelled to record highs by an AI frenzy, according to Goldman Sachs CEO David Solomon. “Markets run in cycles, and whenever we’ve historically had a […]
Read More
U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up
Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI. Sopa Images | Lightrocket | Getty Images Artificial intelligence companies are the hottest ticket items in today’s startup ecosystem but the pace of change is dominated by developments at OpenAI and Anthropic. […]
Read More
OpenAI’s Sora 2 is putting safety and censorship to the test with stunningly real videos
Fresh off a $6.6 billion share sale that made it the world’s most valuable private company, OpenAI’s TikTok-style video app, powered by its new artificial intelligence model, Sora 2, is going viral. Despite the gated release that requires an invite code, the video creation tool has already shot to the number three spot on Apple‘s […]
Read More
Why current AI models won’t make scientific breakthroughs, according to a top tech exec
Co-founder and Chief Science Officer at Hugging Face, Thomas Wolf, speaks at the opening ceremony of the Web Summit, in Lisbon, Portugal, November 11, 2024. Pedro Nunes | Reuters Current artificial intelligence models from labs like OpenAI are unlikely to lead to major scientific breakthroughs, a tech co-founder said, pouring cold water on some of […]
Read More
Meta greenlights Facebook, Instagram ads based on your AI chats
Meta CEO Mark Zuckerberg holds a smartphone as he makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta will soon show ads and other content to users based on their interactions with the company’s digital assistant and […]
Read More
Anthropic launches Claude Sonnet 4.5, its latest AI model that’s ‘more of a colleague’
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025. Stefan Wermuth | Bloomberg | Getty Images Anthropic on Monday announced its latest artificial intelligence model: Claude Sonnet 4.5. The model is better at coding, using computers and meeting practical business needs, and it excels in specialized fields like […]
Read More
Lufthansa to cut 4,000 jobs as airline turns to AI to boost efficiency
View taken inside a Lufthansa Airbus A350 airplane on March 19, 2025. Michaela Stache | Afp | Getty Images Lufthansa announced plans to cut 4,000 roles on Monday as it aims to increase profitability and lean on AI to drive efficiency. The airline group said it will eliminate a total of 4,000 FTE (full-time equivalent) […]
Read More
A new buzzword is hanging over businesses as they rush into AI
Companies are expecting to incur more costs as a result of poorly implemented autonomous systems. Shapecharge | E+ | Getty Images Artificial intelligence capabilities are developing rapidly and companies globally are frantically trying to keep up and implement AI tools, but there are consequences to sloppy execution. In fact, 79% of companies globally expect to […]
Read More