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South Korean Stocks Fluctuate Amid Proposal for AI Profit Dividend
A South Korean policymaker has proposed distributing a dividend to citizens funded by taxes on artificial intelligence profits, leading to volatility in the sto...
Australia's Financial Watchdog Warns of Increased AI Use in Money Laundering
Australia's financial crimes watchdog has reported a rise in money laundering activities facilitated by artificial intelligence. Criminals are leveraging AI to ...
South Korea Considers Distributing AI Profits to Citizens Amid Labor Disputes
A South Korean policymaker has proposed that citizens receive a share of profits generated from artificial intelligence. This suggestion comes as labor tensions...
Robinhood files for second venture fund aimed at retail investors
Robinhood has submitted a confidential registration for its second venture fund, RVII, which will focus on early-stage and growth-stage startups. This fund aims...
General Motors lays off IT staff to hire employees with AI expertise
General Motors has laid off approximately 600 employees from its IT department, representing over 10% of the workforce, to make way for new hires with AI skills...
GitLab plans job cuts to invest in AI growth opportunities
GitLab Inc. announced job cuts to allocate funds towards growth in the artificial intelligence sector. CEO Bill Staples emphasized that the decision is aimed at...
Exploring the Relevance of Python in an AI-Driven Coding Landscape
The article discusses the continued importance of Python programming language even as AI tools become capable of writing code. It highlights Python's versatilit...
Memory Chips Surge in Value Amid AI Demand, Experts Warn of Potential Market Correction
Memory chips have seen a significant price increase due to rising demand from the AI sector, with major companies like Micron experiencing substantial stock gai...
Cerebras Increases IPO Target to $4.8 Billion
Cerebras, an AI chipmaker and data center operator, has raised its IPO target by one-third to $4.8 billion. This adjustment reflects the company's growth and ma...
Microsoft Aims for $92 Billion Return on OpenAI Investments
Microsoft has set a target of $92 billion in returns from its significant early investments in OpenAI. This information was revealed during court proceedings re...
OpenAI's Denise Dresser highlights pivotal moment for enterprise AI adoption
Denise Dresser, OpenAI's Chief Revenue Officer, stated that enterprise AI adoption is reaching a critical juncture. The company has launched a new business unit...
Rezolve AI CEO Discusses Hostile Acquisition Attempt for Commerce.com
Dan Wagner, CEO of Rezolve AI, explains the motivations behind his company's hostile bid for Commerce.com, citing concerns over the target's growth performance....
Angi CEO Discusses AI Initiatives and Housing Market Outlook
Angi's CEO Jeff Kip has outlined the company's focus on artificial intelligence during a recent earnings discussion. He also shared insights on the current stat...
Ilya Sutskever Estimates His OpenAI Stake at Approximately $7 Billion
Ilya Sutskever, co-founder and former chief scientist of OpenAI, has valued his stake in the company at around $7 billion.
Residents oppose $100 billion data center project in Utah backed by Kevin O’Leary
A proposed $100 billion data center in Box Elder County, Utah, has sparked significant local opposition due to concerns over its massive energy consumption and ...
Experts Place $400 Bet on AI's Impact on Future Workforce
A $400 wager has been made by academics on the potential effects of AI on the workforce and productivity. The debate centers around the extent and speed of AI's...
Circle CEO Discusses Future of AI in Financial Transactions Amid Revenue Growth
Circle, a stablecoin issuer, reports a 20% revenue increase in the first quarter, despite a decline in net income due to cryptocurrency market volatility. CEO J...
Google reports foiling hackers' AI-driven plan for mass exploitation of software vulnerabilities
Google's Threat Intelligence Group announced it has likely prevented a hacker group's attempt to use AI for a mass exploitation operation targeting software vul...
AI Infrastructure Growth Boosts Stock Market Beyond Technology Sector
Carol Schleif, chief market strategist at Bank of Montreal, highlights that the expansion of AI infrastructure is positively impacting a wide range of stocks, e...
Digg Relaunches as AI-Focused News Aggregator After Previous Shutdown
Digg has been relaunched as a news aggregator with a focus on AI news, following a previous shutdown due to competition and bot traffic issues. The new platform...
Market Optimism in AI Sector Overlooks Potential Risks, Says Strategist
Jessica Noviskis, a portfolio strategist, highlights that the current market optimism is fueled by strong earnings and a rebound in the AI sector. However, she ...
Nvidia CEO highlights rising demand for skilled trades amid AI infrastructure growth
Jensen Huang, CEO of Nvidia, emphasized the increasing need for skilled trades such as electricians and plumbers during a commencement speech at Carnegie Mellon...
Study finds AI-related layoffs are not delivering expected returns for companies
A study by Gartner reveals that many companies reducing their workforce due to AI are not seeing the anticipated returns from such automation. Instead, business...
Microsoft CEO Satya Nadella testifies in Musk lawsuit against OpenAI leadership
Satya Nadella, CEO of Microsoft, testified in a federal trial concerning a lawsuit filed by Elon Musk against OpenAI's leadership. Musk alleges that OpenAI's ex...
Trump invites major CEOs to accompany him on China trip for Xi summit
President Trump has invited top executives from major U.S. companies to join him on his trip to China for a summit with President Xi Jinping. The agenda will ad...
Nvidia introduces CUDA-oxide, a Rust-to-CUDA compiler for GPU programming
CUDA-oxide is an experimental compiler that allows developers to write GPU kernels using Rust, compiling directly to PTX without the need for additional languag...
BlackRock's Mike Pyle Discusses AI's Impact on Investment Strategies and Economic Risks
Mike Pyle from BlackRock highlights the transformative effects of AI on the global economy, arguing it is not a bubble. He emphasizes the limitations of traditi...
TIAA CEO Thasunda Brown Duckett Shares Advice for Gen Z Graduates
Thasunda Brown Duckett, CEO of TIAA, addressed Florida A&M University's class of 2026, providing three key strategies for navigating the challenging job market....
Widow of Florida shooting victim sues OpenAI, alleging AI contributed to tragedy
The widow of Tiru Chabba, who was killed in a mass shooting at Florida State University, has filed a lawsuit against OpenAI. She claims that ChatGPT provided ad...
ChatGPT Sees Increased Adoption Among Older Users in Early 2026
In the first quarter of 2026, ChatGPT experienced significant growth, particularly among users aged 35 and older.