Jamie Dimon warns AI will cut some jobs as JPMorgan banks billions in savings and retrains staff
JPMorgan Chase CEO Jamie Dimon said artificial intelligence will both eliminate and create roles as the bank steps up deployment...
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OpenAI’s grip on the AI era eclipses anything Silicon Valley has witnessed
OpenAI has consolidated a commanding position in the generative-AI boom, pairing viral consumer products with deep infrastructure partnerships that span...
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Is AI inflating a market bubble? The bull and bear cases.
A sharp selloff in major indexes has renewed scrutiny of whether artificial intelligence is inflating a market bubble. In a...
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BlackRock flags rotation into AI-focused ETFs as investors refine their Big Tech bets
BlackRock says investors are rotating out of broad tech exposure and into targeted artificial-intelligence funds, lifting interest in its iShares...
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AI is flooding U.S. workplaces with low-grade output—but accountability belongs with management, not the machines
A spate of surveys paints a sobering picture for enterprise AI: employees and consumers don’t trust AI search results, many...
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Apple close to acquiring Prompt AI’s team and computer-vision technology
Apple is nearing a deal to acquire the talent and technology of Prompt AI, a small computer-vision startup whose founders...
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California Enacts First-in-US Transparency Law for Frontier AI
California approved the Transparency in Frontier Artificial Intelligence Act, the first U.S. statute aimed at the most advanced AI models,...
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Interlinked AI financing fuels Silicon Valley bubble jitters
Silicon Valley’s AI boom is increasingly defined by complex financing webs that are stoking fears of a bubble, even as...
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Senate Backs Limits on AI Chip Exports to China, Targeting Nvidia and AMD
The Senate approved a bipartisan provision that would require Nvidia and AMD to prioritize U.S. customers over China for advanced...
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Campus, the Sam Altman- and Shaquille O’Neal-backed college startup, hires ex-Meta AI chief Jerome Pesenti as CTO
Campus, an online college startup backed by Sam Altman and Shaquille O’Neal, named former Meta AI vice president Jerome Pesenti...
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