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AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
The next recruiter to read your LinkedIn profile could be AI. Here’s what it’s looking for.
The professional networking site is debuting a new AI-powered ‘hiring assistant’ for recruiters that can sort, rank and message potential candidatesBusiness - MarketWatch - October 31 -
How Arm could be the unexpected winner of the AI investment boom
Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much furtherBusiness - Financial Times - October 30 -
UK visa process for AI experts should be streamlined, says government adviser
Recommendations from Matt Clifford on boosting the tech industry also include special zones for data centresBusiness - Financial Times - October 30 -
Molly Russell and Brianna Ghey chatbots found on AI site
The foundation set up in Molly's memory said it would cause "further heartache to everyone who knew and loved" her.Top stories - BBC News - October 30 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
‘Simply Grotesque’: Now AI Platforms Are Offering Up George Floyd Simulations
The chatbot industry is catching flack for hosting AI versions of the police brutality victim.Business - Inc. - October 30 -
Apple updates MacBook Pro laptops with new chips, more memory for AI
Apple is making a significant upgrade to its lineup of computers to better support Apple Intelligence.Business - CNBC - October 30 -
Here’s How LinkedIn Changed the Job Recruitment Game With a New AI Tool
AI agents may be the next big thing in tech, because they can perform work tasks as well as just chat. Will they end up taking people’s jobs? LinkedIn’s new system offers a hint.Business - Inc. - October 30 -
Apple updates MacBook Pro laptops with new chips, more memory for AI
Apple on Wednesday introduced new MacBook Pro laptops with updated processors, in what is likely the company’s last major hardware announcement of the year.Top stories - NBC News - October 30 -
Google’s AI-Fueled Results Bode Well for Rivals Amazon and Microsoft
Sales gains in its cloud business point to growing, sustained demand for AI-juiced computing power.Business - Inc. - October 30 -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - October 31 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta's AI technology buildout led the company to lift guidance for capex.Business - CNBC - October 31 -
Samsung falls short of expectations as chipmaker fails to reap AI benefits
Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK HynixWorld - Financial Times - October 31 -
Samsung Sees Progress in Memory Chips for AI After Delays
The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.Tech - The Wall Street Journal - October 31