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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OpenAI, Oracle and SoftBank to build five U.S. AI data centers in $500 billion ‘Stargate’ buildout
OpenAI, Oracle and SoftBank unveiled plans to build five new U.S. AI data centers under the $500 billion “Stargate” initiative,...
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Meta Boosts AI Political Spending With New Super PAC
Meta Platforms has launched a new Super PAC to support candidates favorable to the artificial-intelligence industry, its second political committee...
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AI boom adds urgency for Congress to fast-track U.S. energy buildout
The accelerating demand for electricity from AI-driven data centers is sharpening calls in Washington to streamline permitting for energy infrastructure....
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Alibaba soars in U.S. premarket after CEO vows bigger AI investment push
Alibaba Group’s shares rallied in Hong Kong and jumped more than 9% in U.S. premarket trading after Chief Executive Eddie...
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