How Dell’s AI Boom Is Fueling A Wall Street Rally
According to the report, the S&P 500 rose 0.2% early in trading, while the Dow Jones Industrial Average gained 82 points and the Nasdaq also moved higher.
Artificial Intelligence
What IBM’s $10 Billion Quantum Computing Investment Means
The investment will support research, manufacturing, partnerships, acquisitions and technology development
What Trump’s AI Rollback Means For The U.S.-China Tech Race
China’s framework focuses heavily on content control, political compliance and algorithm oversight. More than 860 generative AI services have already been filed with regulators
What Pope Leo Warned About Artificial Intelligence
The Vatican warned that AI could erode human judgment, spread disinformation, deepen economic inequality and normalize artificial relationships that replace genuine human interaction
OpenAI Chief Sam Altman Says AI Impact On White-Collar Jobs Overestimated
Altman admitted he had previously overestimated how quickly AI would eliminate entry-level white-collar jobs after the launch of ChatGPT in 2022
Agency Approves ExportAI Initiative In Trump Tech Dominance Push
The Export-Import Bank—a federal credit agency that seeks to support American export via financing tools—has launched the initiative, which was approved by the bank’s board of directors in a vote Wednesday morning.
OpenAI May File IPO Prospectus This Week, CNBC Reports
The artificial intelligence company could stage one of the largest stock market debuts in history
Why Jeff Bezos Says An AI Bubble Is Nothing To Fear
Bezos acknowledged that the current excitement around AI means nearly every idea is receiving funding, including weak or unrealistic projects
How Is The Iran War Disrupting The AI Supply Chain
Taiwan Semiconductor Manufacturing Company, which manufactures chips for Nvidia, said higher prices for chemicals and industrial gases could hurt profitability
Meta Begins Fresh Round Of AI-Driven Layoffs
The company plans to cut roughly 10% of its workforce, or about 8,000 jobs, while also freezing thousands of unfilled positions. The move follows earlier layoffs across Meta’s Reality Labs and content moderation operations.
US, China Are Discussing AI Guardrails To Safeguard Most Powerful Models, Bessent Says
Treasury Secretary Scott Bessent told CNBC in a pre-recorded interview on Thursday that it was “of utmost importance” that the U.S. maintain its lead over China in AI, adding that this is why Beijing is interested in discussing guardrails.
Nvidia’s China Chip Deals Stall Despite U.S. Approval
The approved buyers reportedly include Alibaba, Tencent, ByteDance and JD.com