OpenAI CEO Sam Altman says AI will create “massively deflationary pressure,” making goods and services radically cheaper. But the company is slowing hiring as it burns billions, and current economic data tells a very different story.
Elon Musk is reportedly considering merging his rocket company, SpaceX, with his AI startup, xAI. This comes as Tesla confirms a massive $2 billion investment into xAI. The potential deal raises major questions about strategy and regulatory scrutiny.
A new AI system can identify individual brown bears by their facial features and posture, a task even experts struggle with. Trained on over 72,000 photos, it’s a breakthrough for non-invasive wildlife monitoring and could be adapted for other species.
The Internet Archive, a vital tool for research, is getting blocked by major news publishers. They’re worried AI firms are using its vast, structured database as a backdoor to scrape articles for AI training without permission.
Mark Zuckerberg’s net worth jumped to $251.7 billion on Thursday, pushing him past Jeff Bezos. The surge came as Meta announced plans to spend up to $135 billion on AI this year.
AI agents can now pass messages, but they don’t truly understand each other’s goals. Cisco’s Outshift is proposing a new architecture to solve this semantic isolation. The goal is to move agents from simple communication to genuine, goal-aligned collaboration.
A startup called Synapse Data Center wants to build a staggering 1-gigawatt data center campus in Olds, Alberta. The off-grid, gas-powered project represents a $10 billion bet on AI’s insatiable power demand. But can a brand-new company pull it off?
Software stocks are in a full-blown bear market, with the iShares Expanded Tech-Software Sector ETF (IGV) down 21% from its high. The sell-off accelerated Thursday with a 5% drop, the worst since last April.
Microsoft’s latest earnings show Xbox hardware revenue crashing 32% year-over-year. With first-party games heading to PlayStation and Game Pass at risk, the next Xbox console faces an existential crisis. Is the hardware trap inescapable?
An internal presentation reveals Paramount’s desperate playbook for its streaming service. They’re considering a TikTok-like feed and free content tiers, all while merging their tech platforms. It’s a bold, messy strategy.
