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Why are companies restricting AI access to employeesGoldman Sachs, Uber, JPMorgan and Nvidia are some of the global firms that have restricted their employees’ usage of AI tools- Human control must set limits on superintelligence, says OpenAI's Sam AltmanOpenAI Chief Executive Officer Sam Altman has said that human control over the future must remain a fundamental condition for artificial in...
- Is the AI boom losing steam? Global economy faces growing risksGlobal financial markets face mounting pressure from geopolitical conflicts, rising government debt and trade tensions, raising concerns ab...
- Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering v...
- Apple beats sales and profit expectations but AI costs weigh on holiday salesApple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the Jul...
- AI on the clock as fintechs demand payoff for spendsSeptember-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shift across payments, stockbroking, ...
- Grok bot users hit limits faster as Elon Musk warns of ‘unsustainably high’ AI agent costs: What happens next?Grok Bot usage limits: Elon Musk says the cost of running Grok Bot has become unsustainable relative to its revenue as users report hitting...
- Anthropic revenue jumps 1,100% ahead of IPO as AI spending commitments near $900 billionAnthropic reported a 1,100% surge in third quarter revenue to $17 billion ahead of its planned IPO later this month. However, the AI compan...
- Abu Dhabi's ADNOC, G42 sign deal with OpenAI as Sam Altman travels to UAEADNOC has officially partnered with OpenAI, marking a groundbreaking step for the energy sector as it becomes the first to leverage OpenAI'...
- Apple's new CEO John Ternus to face first earnings test as memory costs surgeTernus, who took the reins from Tim Cook in September, has overseen the introduction of Apple's first foldable phone, smart home hub and Ap...
- AI debt surge pushes Magnificent Seven borrowing to $578 billion, up 45%: SBI ResearchThe combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to ...
- AI is driving up memory prices. So why is Sam Altman questioning your PC's RAM?OpenAI CEO Sam Altman has questioned the need for large amounts of RAM in personal computers, arguing that much of the memory remains unuse...
- Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
- US Stock Market is feeling AI investments pressure but check list of stocks that are jumping amidst Artificial Intelligence spending fearsUS Stock Market today: As the world's biggest technology companies race to expand computing capacity, demand for such facilities has surged...
- Nasdaq faces $2 trillion wipeout in October as AI spending fears deepenThe wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...
- Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concernsU.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, b...
- AI boomerang: What one should keep in mind if Microsoft, Barclays Bank, Kroger rehire sacked employees?Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-re...
- Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
- AI can perform the work of 10 people, says Zoho’s Sridhar Vembu, warns of headcount impactSridhar Vembu, the visionary behind Zoho, raises alarms regarding the transformative role of AI on computer-related jobs. He posits that on...
- Mark Cuban says AI hack agents are like cockroaches, but can be controlledCuban, famous for his role on business reality show "Shark Tank" and his involvement in the Dallas Mavericks NBA team, ventured into health...
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