Alibaba quarterly profit drops 75% as AI investment spending grows
HONG KONG (AP) — China’s technology giant Alibaba on Thursday reported a 75% drop in profit for the…
Asian shares mostly gain, but South Korea’s Kospi drops nearly 5%
HONG KONG (AP) — Asian shares were mostly higher on Monday but South Korea’s Kospi fell nearly 5%…
Hundreds of economists say ‘we must act now’ on AI’s economic impact
SAN FRANCISCO (AP) — Hundreds of economists say in an open letter that institutions “must act now” to…
Nvidia’s Huang says society needs ‘new social norms’ in age of AI
SHERMAN, Texas (AP) — Nvidia CEO Jensen Huang — whose work helped enable artificial intelligence — stressed in…
Nvidia announces major upgrade to its AI infrastructure
SHERMAN, Texas (AP) — Jensen Huang’s company Nvidia makes the computer chips that unleashed a revolution in artificial…
Jane Street Invests $1 Billion in CoreWeave, Boosts Spending Plans
Jane Street Group, a trading firm, has taken an additional $1 billion stake in AI cloud services provider…
AI’s promise and peril examined in 2 new documentaries
SAN FRANCISCO (AP) — Artificial intelligence’s dystopian specter has spawned a pair of documentaries dissecting a technology that’s…
Anthropic, Google in Talks on Multibillion-Dollar Cloud Deal
Anthropic PBC is in discussions with Alphabet Inc.’s Google about a deal that would provide the artificial intelligence…