What burst the dot‑com boom—and what it signals for today’s AI frenzy
Investors are drawing parallels between today’s AI boom and the late-1990s dot-com era, as capital floods into data centers and...
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Accenture to phase out workers who can’t reskill for AI under a broader restructuring push
Accenture said it will “exit” employees who cannot be retrained for artificial intelligence as the consulting giant reorients its business...
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U.S. spurns U.N.-led AI oversight at General Assembly
The U.S. rejected calls for centralized global oversight of artificial intelligence at the United Nations General Assembly, setting up a...
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What’s fueling the surge in AI data center megadeals?
Silicon Valley’s AI arms race escalated as Nvidia weighed up to $100 billion for OpenAI, while OpenAI tapped Oracle and...
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Zervos says AI boom poses a major labor-market challenge for the Fed
Jefferies strategist David Zervos warned that a surging wave of artificial intelligence adoption could complicate the Federal Reserve’s dual mandate...
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Einhorn Warns AI Capex Boom May Destroy Capital Despite Tech’s Promise
Hedge-fund manager David Einhorn cautioned that Big Tech’s trillion-dollar push into artificial-intelligence infrastructure risks destroying large amounts of capital, even...
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Federal judge greenlights $1.5 billion payout in authors’ lawsuit over Anthropic’s alleged use of pirated books to train AI
A federal judge in San Francisco granted preliminary approval to a $1.5 billion settlement resolving claims that Anthropic used hundreds...
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Sam Altman: Why AI Will Take Over 40% of Workplace Tasks
In a video interview, OpenAI’s Sam Altman says artificial intelligence is poised to automate roughly 40% of common workplace tasks,...
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MIT AI tool speeds medical image segmentation, promising faster clinical studies
MIT researchers unveiled an AI system that rapidly segments regions of interest in medical images, aiming to cut the time...
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Trump Administration Teams Up With Elon Musk’s xAI to Accelerate Governmentwide AI, Citing ‘Benefit to the Country’
The General Services Administration struck an agreement giving federal agencies access to xAI’s Grok 4 and Grok 4 Fast through...
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