Microsoft makes bold, highly speculative agreement with Helion Energy: The tech giant is likely taking a leap of faith that AI will yield a nuclear fusion breakthrough in five years.
ByteDance takes aim at Amazon’s book sector prowess: Building on its engaging algorithm and #BookTok’s success, ByteDance’s new social media platform for bookish users might pull sales away from Amazon.
The company is threading artificial intelligence into its core products and services used by millions of users while doubling down on AI accountability. Read online
The yearly developers’ conference could see AI announcements overshadowing Android, Google Nest, and hardware releases.
Tech a focal point for millions of jobs lost in next four years: AI, renewable energy, and economic upheaval are likely to shrink the global job market. Society plays catchup on disruption.
Pearson and Chegg show how AI is pressuring industries and their leaders to reveal AI strategies, regardless of their readiness to implement them.
LinkedIn’s global job cuts might be based on an overly simplistic market analysis: Layoffs in anticipation of a diminished job market misses the coming disruption-induced demand for LinkedIn’s services.
China is way ahead on the necessary guardrails to ensure adoption of the technology. Beijing hopes to lead global AI standardization.
SVB and First Republic Bank failures hit VCs: Small VCs are struggling to get bank loans, delaying startup investments. AI sector risk could make banks wary of the VC climate.
Meta’s robust financial rebound might lack staying power: Its commercial AI and social media growth struggles put Meta’s metrics in a dimmer light. It’s time for a fresh product.
Educators in Asia are increasingly exploring the metaverse for instructional purposes. This could lead to wider adoption and lay the foundation for future VR users.
Surging Cash App user growth helped drive a buoyant Q1 for Block despite recent short seller allegations.
Apple proves Bank of America wrong, sweetens markets with earnings: Friday’s earnings report helped brighten Wall Street’s outlook as Apple maintains a firm and steady approach amid Big Tech volatility.
Future GM EVs won’t support Apple CarPlay or Android Auto, placing the burden of choice on consumers. Locking people out of their smartphone connections could backfire.
Google engineer says nimble, open-source models could upend AI race: Models like LLaMa and Dolly 2.0 throw a market curveball, but OpenAI’s AGI ambition is the biggest threat.
ChatGPT’s popularity, its impact on businesses, and potential for misuse are pushing governments and regulators to set limits. Where do they even begin?
Stripe can benefit from Uber’s global reach, while Uber can cut checkout friction for customers.
Kenyan contractors who were paid $1.50 an hour to build ChatGPT unionize: The workers want higher pay and benefits. It could contribute to pricier generative AI in the future.
To counter a 20% YoY drop in sales, Ford discounts its EV Mustangs. In the crowded EV market, competitors can stand out with lower prices or longer range.