Latest Updates Around The World
The tech industry witnessed a dramatic shift as the wealth of several top tech billionaires plummeted due to AI bubble fears and fluctuating valuations. Larry Ellisonco-founder of Oracle, has suffered a staggering $59.2 billion loss in his fortune since the beginning of the year, including $19 billion just this week. The sell-off was exacerbated by […]
Major stock indexes traded mixed on Wednesday Dow Jones Industrial Average fell by almost 0.2% to 47,632 and the S&P500 remained stable at 6,890.59, while the Nasdaq rose 0.55% to 23,958.47. The Federal Reserve cut the benchmark interest rate by 25 basis points to 3.75%-4.00% and announced that it would halt the outflow of its […]
Meta Platforms Inc. Meta is reportedly in conversation with Alphabet Inc. Goosen Googl Google And Chatgpt-Smouder Openi To integrate their artificial intelligence models into its apps, because the company is confronted with control over its multibillion dollar “Hyperion” data center project in Louisiana. Meta Eyes Rivals’ models to strengthen Meta AI The Mark Zuckerberg-Led Tech […]
Alexandr Wangthe 28-year-old Scales Founder now on the way to Meta platforms’ Meta New “super intelligence” Lab says that artificial intelligence models already have insights that science cannot match and that it “makes it a strange time to be a scientist, but an exciting time for science”. What happened: Wang told a Y combinator audience […]
Despite the earlier warning for the dangers of Advanced Artificial Intelligence (AI) and robotics, Tesla Inc. CEO Elon Musk has invested in various AI startups after a grim warning of Deepen‘s co-founder, Demis Hassabis. What happened: In an interview with CNBC in July 2017, Musk had expressed concern about the existential risks of AI to […]
