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Business & Finance

  • Anthropic, Microsoft announce new AI data center projects as industry's construction push continues
    Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York.... Read more
  • Why companies don't share AV crash data, and how they could
    Autonomous vehicles (AVs) have been tested as taxis for decades in San Francisco, Pittsburgh and around the world, and trucking companies have enormous incentives to adopt them.... Read more
  • The AI boom feels eerily similar to 2000s dotcom crash—with some important differences
    If last week's trillion-dollar slide of major tech stocks felt familiar, it's because we've been here before—when hype about innovation last ran headlong into economic reality.... Read more
  • German court rules against OpenAI in copyright case
    A German court ruled Tuesday that OpenAI has infringed copyright law by using song lyrics to feed its chat models in a case that could have wide implications for European artists.... Read more
  • Is AI really coming for our jobs and wages? Past predictions of a 'robot apocalypse' offer some clues
    The robots were taking our jobs—or so we were told over a decade ago. The same warnings are regularly heard today about the likely impact of artificial intelligence (AI).... Read more
  • What does OpenAI's restructuring mean for the future of the AI industry?
    OpenAI's recent restructuring of its for-profit arm to a public benefit corporation is a smart move that will allow the organization to increase its investment opportunities and maintain its nonprofit roots, according to a Northeastern University nonprofit management expert.... Read more
  • Microsoft to pursue superintelligence after OpenAI deal
    Microsoft Corp. is pursuing a more powerful form of AI called "superintelligence" it hopes will be capable of making advances in areas like medicine and materials science.... Read more
  • Denmark's government aims to ban access to social media for children under 15
    Denmark's government on Friday announced an agreement to ban access to social media for anyone under 15, ratcheting up pressure on Big Tech platforms as concerns grow that kids are getting too swept up in a digitized world of harmful content and commercial interests.... Read more
  • EU eyes tweaks to AI law to heed tech industry 'concerns'
    The European Union said Friday it is considering adjustments to its landmark artificial intelligence law, the AI Act, after tech firms and several member states raised concerns.... Read more
  • Amazon unveils latest move to keep customers from shopping elsewhere
    At a Whole Foods store just outside of Philadelphia, Amazon built a small warehouse housing Goldfish crackers, Tide Pods and other items you wouldn't find in an organic grocery store.... Read more
  • Universal Music went from suing an AI company to partnering with it. What will it mean for artists?
    Last week, artificial intelligence (AI) music company Udio announced an out-of-court settlement with Universal Music Group (UMG) over a lawsuit that accused Udio (as well as another AI music company called Suno) of copyright infringement.... Read more
  • Zuckerbergs put AI at heart of pledge to cure diseases
    The Chan Zuckerberg Initiative, a nonprofit launched by Mark Zuckerberg and his wife aimed at curing all disease, on Thursday announced it was restructuring to focus on using artificial intelligence to achieve that goal.... Read more
  • Global tech tensions overshadow Web Summit's AI and robots
    Flashy AI, robotics and self-driving cars will be on show at the annual Web Summit in Lisbon from Monday, but global tensions over high-tech trade, competition and sovereignty will be weighing on the minds of entrepreneurs, investors and policymakers.... Read more
  • Tesla shareholders approve Musk's $1 trillion pay package
    Tesla shareholders on Thursday overwhelmingly endorsed a massive pay package for CEO Elon Musk that could reach $1 trillion.... Read more
  • Crypto giant Coinbase fined in Ireland for rule breaches
    Ireland's central bank imposed a fine of 21.5 million euros ($24.7 million) Thursday on crypto giant Coinbase over transaction monitoring failures, including some potentially linked to criminal activities.... Read more

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