Why have the big seven tech companies been hit by AI boom doubts?
Their shares have fallen 11.8% from last month’s peak but more AI breakthroughs may reassure investors The Magnificent Seven—Microsoft,...
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DSA vs. DMA: How Europe’s twin digital regulations are hitting Big Tech
The EU’s Digital Services Act (DSA) and Digital Markets Act (DMA), proposed together in late 2020, mark a bold...
When a big company comes after a hot startup, it’s not a slam-dunk decision to sell
Last month, rumours swirled about Google’s $23 billion offer for cloud security startup Wiz, potentially the most lucrative offer...
Unexpected Turns at SIGGRAPH 2024: Huang and Zuckerberg Swap Stories
A fireside chat between Jensen Huang and Mark Zuckerberg at SIGGRAPH 2024 turned casual with jacket swaps, an F-bomb...
Tesla Dojo: Elon Musk’s big plan to build an AI supercomputer, explained
Tesla’s Dojo: The AI Supercomputer Powering the Future of Self-Driving Elon Musk’s Dojo, Tesla’s custom-built AI supercomputer, is key...
Music labels’ AI lawsuits create new copyright puzzle for US courts
Country musician Tift Merritt criticized AI-generated music, calling it “stealing” after Udio’s imitation of her song fell short. Merritt,...
Trump proposes to debate Harris on Fox, her campaign calls him ‘scared’
Donald Trump proposed a debate with Vice President Kamala Harris on Fox News on September 4, instead of the...
Disappointing Job Report Spurs Market Panic, Rate Cut Speculation
The disappointing U.S. employment report for July unleashed a “Freakout Friday” in financial markets, resetting expectations for Federal Reserve...
Warren Buffett’s Berkshire sold nearly half of its Apple stake
Warren Buffett’s Berkshire Hathaway aggressively cut its equity exposure in the second quarter, selling a net $75.5 billion in...
The EU’s AI Act is now in force
The European Union’s risk-based AI regulation came into force on August 1, 2024, initiating a series of compliance deadlines...