Samuel Nwite
AUTHOR: Samuel Nwite
McKinsey Says AI Only Makes Employees Productive, Not Yet Translating Into Enterprise-Wide Results
Companies are discovering that giving employees access to artificial intelligence tools does not automatically translate into higher corporate productivity or stronger profits, as individual...
Manus Raises More Than $500 Million After Meta Acquisition Blocked by Beijing
Chinese AI-agent startup Manus has raised more than $500 million in its first major funding round since Beijing blocked Meta’s proposed $2 billion acquisition...
Anthropic’s Secret Weapon May Be Dario Amodei’s Appeal to AI Researchers, Early Investor Says
Anthropic’s rapid rise in the artificial intelligence industry may owe as much to CEO Dario Amodei’s ability to attract top researchers as it does...
Amazon Cuts Fewer Than 1,000 Jobs as Retail Unit Restructuring Continues After Pandemic Hiring...
Amazon has cut fewer than 1,000 white-collar jobs, primarily in the retail division that operates its main e-commerce business, extending a period of workforce...
Treasury Yields Surge to Multi-Decade Highs as Fed Signals More Rate Hikes; Dollar Gains,...
U.S. Treasury yields climbed further on Thursday, with the benchmark 10-year yield approaching levels last seen more than two decades ago as investors absorbed...