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PETER THIEL AND MICHAEL BURRY WARN AI
Jane Street, TSMC-Linked AI Startup Etched Raises $800 MAI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a fir...- Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
- AI: Wisdom, no guaranteeAncient wisdom from the Gita and mythology highlights the critical need for responsibility and moral values when wielding power. Stories li...
- AI: Wisdom, no guaranteeAncient wisdom from the Gita, mythology, and epics like Beowulf and Faust offers timeless lessons on power and responsibility. These narrat...
- Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
- The AI boom won't burst all at once. It will pop in 'rolling bubbles': MacquarieMacquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments ...
- AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...
- Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giantsChristopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, bett...
- Denmark records hottest day on record at 36. 6C: Weather serviceDenmark has shattered its all-time temperature record, reaching a scorching 36. 6C north of Odense on Saturday, according to the Danish Met...
- White Sox score 10 in third, thump Royals by 21 runsThe Chicago White Sox unleashed a historic 10-run third inning, powered by three-run homers from Miguel Vargas and Jacob Gonzalez, en route...
- AI rout exposes Wall Street's $270 billion speculation machineA recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged prod...
- SpaceX set to join Nasdaq 100, paving way for wave of passive buyingSpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive investment. This inclusion follows Nas...
- One of the world’s oldest stories just got an AI makeover, with the voice of an Oscar-winning actorHomer's epic 'Odyssey' has been reimagined as a 13-hour audiobook, narrated by an AI-generated voice clone of Oscar-winning actor Michael C...
- Mind Games: Talent wars heat up as AI startups take on Big TechA fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and ...
- K-Drama on Tech Street: AI rout hits global marketsTechnology stocks experienced a significant downturn, pulling major indices lower as a sharp selloff in Korean chipmakers raised concerns a...
- AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record betThe round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture ca...
- SpaceX falls for third day, erases $600 billion in market valueSpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...
- AI to manage AI? Claude creator says prompt engineering is ending too, just like software engineering. Reveals what's nextThe AI landscape is shifting as experts predict the decline of prompt engineering. Instead, "loop engineering" is emerging, where AI agents...
- French spies drop AI giant Palantir over US overreliance fearsFrance is moving away from American AI technology for its intelligence services. The government announced it will stop using Palantir's dat...
- AI in Hungary could unlock productivity gains of €15 billion: McKinseyMcKinsey projects AI could boost Hungary's productivity by €15 billion by 2030, helping close the gap with European neighbours. However, la...
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