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.
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.
Datacentres are facing pressure to meet their own energy needs. The rapid growth of the industry is driven by AI adoption.
JavaScript SVD implementation with Householder + QR algorithm is intriguing but lacks stability compared to Jacobi. SVD breakdown into U, s, Vh matrices is crucial in software algorithms, challenging in numerical programming.
Trump criticizes Anthropic as 'Radical Left AI company' before US military uses Claude AI in attack on Iran, despite severing ties. The incident highlights challenges of removing AI tools from operations once deeply integrated.
Alberto Carvalho placed on leave after FBI search, Andres Chait appointed interim superintendent by LA school board. Trustee's unanimous decision follows closed-door meetings regarding Carvalho's employment with the nation's second largest school district.
Kate Fox's husband, Joe Ceccanti, tragically died after spending 12 hours a day with a chatbot. Despite no history of depression, he unexpectedly jumped from a railway overpass, leaving loved ones in shock.
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.
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.
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.
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.
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.
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."
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.