Samuel Nwite
AUTHOR: Samuel Nwite
Alphabet, Tesla Shares Slide As Soaring AI Spending Overshadows Earnings Gains
Shares of Alphabet and Tesla fell in premarket trading on Thursday after both companies signaled a fresh acceleration in artificial intelligence-related spending, bolstering investor...
Dollar Holds Firm, Yen Slides to 40-Year Low as Middle East War Fuels Oil...
The U.S. dollar remained resilient on Thursday, hovering near multi-month highs against major currencies as escalating conflict in the Middle East drove oil prices...
Travis Kalanick’s Atoms Raises $1.7bn As Uber Rejoins Founder in Robotics And AI Bet
Travis Kalanick has secured $1.7 billion for his robotics and industrial automation startup Atoms, marking one of the largest funding rounds for an AI-driven...
OpenAI’s AI Breach Exposes Fundamental Sandbox Failure, Raising Fresh Questions over Frontier Model Testing
The unprecedented cyberattack carried out by an OpenAI model against AI platform Hugging Face may have been driven less by artificial intelligence than by...
Amazon Cuts Jobs In AGI Unit As It Sharpens AI Strategy While Ramping Up...
Amazon has laid off employees in its artificial general intelligence (AGI) organization as the technology giant refines its artificial intelligence strategy.
The move underscores how...