Block's CEO, Jack Dorsey, announced layoffs to drive profits, leading to a 20% stock surge. AI productivity gains cited as reason for cuts at Fintech company.
OpenAI is raising $110bn in funding, valuing ChatGPT maker at $840bn, with backing from Nvidia and Amazon, showcasing the rapid AI investment pace. Last year, the company raised $40bn in the largest private tech deal, now doubling its investment amount.
Datacentres are facing pressure to meet their own energy needs. The rapid growth of the industry is driven by AI adoption.
Goldman Sachs notes investors favoring 'Halo trade' for AI-proof companies with tangible assets like energy and transport infrastructure. Investors seek 'heavy-asset, low-obsolescence' firms to weather AI disruption.
Campaign groups urge Liz Kendall to address potential doubling of UK electricity demand from datacentres, posing threat to decarbonization efforts. Developers under pressure to disclose impact on net greenhouse gas emissions.
AI is accelerating COBOL modernization, but success requires complete context and platform-aware input for forward engineering. Mainframe modernization hinges on reverse engineering and a traceable foundation for AI coding assistants.
Workers express feeling devalued by AI technology, fearing a decline in work quality. IMF analysis predicts AI impact on 40% of global jobs, likening it to a labor market tsunami.
Pete Hegseth threatens to cancel $200m contract unless given unfettered access to Anthropic's Claude model. Anthropic refuses Pentagon's demand to remove safety precautions from AI model, risking designation as "supply chain risk."
Study: ChatGPT Health fails to recommend hospital visits when necessary, risking harm. OpenAI's AI platform overlooks urgent care and suicidal ideation, potentially endangering users' lives.
WPP plans to become a 'simpler, lower-cost, AI-enabled business' to save £500m annually by 2028, with asset sales and job cuts. Radical restructuring aims to counter AI growth threat, costing £400m over two years.
Foundation models excel at general tasks, but customizing models with business knowledge is crucial. Amazon introduces reinforcement fine-tuning for Nova models, shifting from imitation to evaluation learning paradigm, offering tailored solutions for code generation and math reasoning.
Learn about Decision Tree Regression implemented from scratch using C# without pointers or recursion in Visual Studio Magazine. Decision trees offer interpretability and can be used alone or in ensembles for regression tasks.
UK media companies, including BBC and Financial Times, seek global frameworks to protect journalism from unauthorized use by AI firms. Guardian-led coalition aims to ensure fair compensation for original content to ensure industry sustainability.
Burger King introduces AI-powered chatbot to monitor employee politeness, sparking controversy. BK Assistant by OpenAI aims to analyze service patterns with real-time feedback.
Brady Tkachuk, captain of NHL's Ottawa Senators, regrets Trump joke insulting Canadians after US victory over Canada at Winter Olympics. White House AI video shows Tkachuk's controversial remarks, sparking backlash.