Powell: AI surge isn’t a dot-com repeat—and it’s powering economic growth
Federal Reserve Chair Jerome Powell said the current artificial-intelligence boom differs markedly from the dot-com era, citing profitable leaders and...
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Microsoft’s record AI outlays unsettle investors even as Azure’s growth surges
Microsoft’s AI bet is getting more expensive—and bigger. The software giant said capital spending jumped 74% in the September quarter...
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Ray Dalio warns an AI-fueled tech-stock bubble is building—but says it may not burst until the Fed tightens policy
Bridgewater Associates founder Ray Dalio cautioned that an AI-fueled rally in megacap technology shares bears classic bubble traits, but argued...
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Character.ai will block minors from chatting with its AI bots
Character.ai will prohibit users under 18 from chatting with its AI bots starting Nov. 25, limiting minors to creating content...
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Mercor hits $10B valuation after $350 million Series C led by Felicis
Mercor, a fast-growing artificial-intelligence staffing and data-labeling firm, raised $350 million in a Series C led by Felicis, valuing the...
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Shield AI’s X-BAT: A VTOL AI Fighter Meant to Thwart China’s First-Strike Strategy
San Diego-based Shield AI unveiled the X-BAT, an autonomous, runway-independent VTOL fighter designed to counter China’s strategy of striking U.S....
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China’s AI eyewear rivals to Meta are surging—and Goldman Sachs is mapping the trade
Chinese hardware makers are rapidly rolling out AI-enabled smart glasses to challenge Meta’s lead, intensifying competition in a nascent wearable...
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AI boom props up markets and GDP while many Main Street firms hunker down
A wave of AI-driven capital spending is buoying U.S. growth and propelling mega-cap tech stocks to record highs, even as...
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AI Mania Has Wall Street on Edge—Nuclear-Power Plays Look the Most Stretched
Optimism over AI has inflated valuations across multiple industries, but nowhere more than in power providers, where median price-to-sales multiples...
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OpenAI Cofounder Andrej Karpathy Dials Back AGI Hype: ‘The Models Aren’t There Yet’
OpenAI cofounder Andrej Karpathy warned that expectations for artificial general intelligence are outpacing reality, saying in a podcast interview that...
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