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AI INDUSTRY CONCERNS
Nvidia CEO Jensen Huang seen as target of China spy plot; Trump briefed but took no action: ReportA Chinese businesswoman suspected of passing intelligence to Beijing developed a close relationship with Nvidia CEO Jensen Huang, according...- 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 ...
- ‘The risk is getting ever more real’: Zoho’s Sridhar Vembu issues a chilling warning about AI and jobsZoho founder Sridhar Vembu has warned that AI could allow one skilled person to do the work of 10, triggering a painful economic shift. Whi...
- Global Market: Samsung Electronics posts record $80.5 billion quarterly operating profit on AI chip boomSamsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite stro...
- Samsung logs record $80.5 bln profits despite investor AI jittersMassive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...
- AI giants' funding ambitions test Wall Street's appetite for riskThe heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...
- Bill Gates says next 20 years to be the most tumultuous in human history as Microsoft announces buyouts to 60,000 employeesMicrosoft Layoffs: Bill Gates has warned that the next 20 years could be among the most tumultuous periods in human history as artificial i...
- AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
- UBS says it does not permit the use of external AI models for client transactionsConcerns that sophisticated AI agents could harm the financial system have risen within the banking industry. Major US banks have been bloc...
- Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
- Why are investors selling Neocloud stocks despite AI demand?AI-focused neocloud stocks came under pressure after Elon Musk warned of widespread failures and industry consolidation. Heavy debt, rising...
- Why AI stocks rallied after Anthropic’s IPO filingAI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing ...
- Is the AI boom real or a bubble? Nikhil Kamath asks Silicon Valley foundersThe artificial intelligence industry has attracted significant investments, reaching unprecedented valuation levels amid concerns. Discussi...
- AI stocks rise as Anthropic nears Wall Street debut amid investor cautionA successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...
- Anthropic flags risk of AI systems slipping beyond human control in IPO filingIn its IPO (initial public offering) filing made public on Monday, the company said that advanced AI systems could become dangerous if they...
- US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutinyWall Street's main indexes experienced gains as technology stocks led the rise amid AI investment discussions. Investors are preparing for ...
- Anthropic files for US IPO amid AI boom, rising costs and safety concernsAnthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company's recent financial details s...
- Global Market: Anthropic presses ahead with November IPO as AI listings face delaysAnthropic is preparing for a potential mid-November IPO despite market volatility, rising interest rates and concerns over AI spending. Wit...
- OpenAI and Poland's NASK collaborate on AI safety researchOpenAI has teamed up with Poland's NASK National Research Institute to boost AI safety protocols. This partnership seeks to tackle the rece...
- US banks are blocking third-party AI agents access to customer accounts, sources sayMajor US banks, including Morgan Stanley and JPMorgan Chase, are blocking third-party AI agents from transactions. This decision comes afte...
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