Ai Booms
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Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Boomergasms Are Booming
Dating apps from Feeld to Match have become ground zero for aging singles to unlock their newfound sexual appetites—and a bolder sense of self.Wired - Tech -
With YouTube Booming, Podcast Creators Get Camera-Ready
To some, “video podcasts” are a contradiction in terms. That hasn’t made them any less popular.The New York Times - Top stories -
As ketamine therapy booms, industry insiders worry about patient safety
Ketamine has become a popular alternative treatment for depression and other mental-health ailments — but doctors and regulators are increasingly concerned about its risks.MarketWatch - Business -
Latin American developer outsourcers capitalise on remote work boom
Agencies providing overseas-based staff for US clients have prosperedFinancial Times - World -
Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary. Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, ...The Guardian - World - Tesla -
It’s not only AI that hallucinates
Human memory is also fallible but people and machines can learn to complement each otherFinancial Times - Business -
Controversial AI photo comes to the market
UBS donates 166 photographs to DC museum; Brussels fair fights VAT hike; merged galleries open first shows in SpainFinancial Times - World -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.MarketWatch - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta's License to Spend on AI Gets Checked
The Facebook parent’s capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing.The Wall Street Journal - World - Meta -
Ads for Explicit ‘AI Girlfriends’ Are Swarming Facebook and Instagram
WIRED found thousands of ads running on Meta’s social platforms promoting sexually explicit “AI girlfriend" apps. Some human sex workers say the platform unfairly polices their own posts more harshly.Wired - Tech - Facebook -
Microsoft Hopes to See Continued AI Mania
Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.The Wall Street Journal - World - Microsoft -
Connecticut AI Bill Faces Uncertain Future
The wide-ranging proposed legislation seeks to rein in bias in AI model and protect people from deepfakes, but critics worry it could curb small business growth.Inc. - Business -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
Microsoft’s cloud sales receive a boost from AI
Tech group’s shares up 3% a day after better than expected earnings reportFinancial Times - Business - Microsoft -
Watch the Full Interview
JPMorgan Chase CEO Jamie Dimon discusses his concerns about the future of the economy, the effect of overseas wars and the importance of U.S. leadership in a wide-ranging interview with WSJ’s Emma Tucker.The Wall Street Journal - World -
Microsoft CEO to Visit Southeast Asia With AI on Agenda
Satya Nadella will meet officials in Indonesia, Thailand and Malaysia next week, as the tech titan is betting on generative AI for long-term growth.The Wall Street Journal - Tech - Microsoft -
Google and Microsoft Cushion Their AI Capital Pains
Record-high capital expenditures come as both core businesses are performing well.The Wall Street Journal - World - Google -
AI Tupac track vanishes from Drake's Instagram
The megastar had been ordered to delete the track by the late rapper's estate for "abusing his legacy".BBC News - Top stories - Artificial Intelligence -
Dropzone AI gets $16.85M for autonomous cybersecurity AI agents that reduce manual work by 90 percent
Dropzone AI announced a $16.85 million Series A round led by Theory Ventures to help bring its cybersecurity AI agents to market.VentureBeat - Tech - Artificial Intelligence -
AutoAlign spins off from Armilla, launches AI security platform ‘Sidecar’
AutoAlign, an AI security solutions provider, spins off from Armilla, launches 'Sidecar' platform, and partners with KPMG to operationalize responsible AI practices for enterprises.VentureBeat - Tech -
Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.The Wall Street Journal - World -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up
Facebook parent claims Llama 3 takes a fresh step towards human-level intelligenceFinancial Times - Business - Meta