Meta warns of ‘significant acceleration’ in costs tied to AI after strong Q3
Facebook owner Metaplatforms on Wednesday beat analysts' expectations for third-quarter revenue and profit, but warned that infrastructure spending related to artificial intelligence would “accelerate significantly.” The results sent mixed signals to investors about whether digital ad sales from Meta's core social media business will continue to cover the costs of building AI at scale. Shares […]
Nvidia in talks with Elon Musk about investing in xAI: source
Semiconductor giant Nvidia is in talks to invest in Elon Musk's fast-growing artificial intelligence startup xAI, people familiar with the matter said. XAI, which powers the insidious Grok chatbot on Musk's X social network, is in talks with some investors to raise billions of dollars. Approximately $40 billion valuationWSJ reported this week. Information reported that […]
Nvidia replacing Intel in Dow Jones Industrial Average
S&P Dow Jones Indices announced Friday that Intel will lose its place in the Dow Jones Industrial Average after 25 years with Nvidia. This was the latest blow to the struggling semiconductor maker, which was one of the first two technology companies included in the blue-chip list. index. Intel, once the champion of chip manufacturing, […]
San Francisco OKs $212M revamp of train system run by floppy disks
San Francisco's transit authority has approved a $212 million overhaul of its aging train control system, which for decades has operated on data stored on floppy disks. The City Transportation Authority Board, which oversees the city's light rail network, has approved a new contract with Hitachi Railway to upgrade the existing train control system, which […]
China makes breakthrough advance in new ‘Death Star’ laser weapon: report
Chinese scientists claim to have made a breakthrough with a real-life Death Star energy beam weapon, according to reports. New high-power microwave weapons combine many small electromagnetic waves to create one large, focused laser beam. This is very similar to the Death Star in Star Wars, which destroyed planets by firing particle beams made up […]
OpenAI in talks with California to become for-profit company: report
OpenAI, led by Sam Altman, is in early discussions with the California Attorney General's Office to change its corporate structure to become a for-profit company. Bloomberg News reported This was disclosed on Monday, citing two people familiar with the matter. Representatives for OpenAI and the California attorney general did not immediately respond to Reuters' requests […]
Truth Social parent Trump Media posts third straight quarterly loss
Former President Donald Trump's media company reported a net loss of $19.2 million in the third quarter due to legal costs and costs associated with its TV streaming deal. Trump Media & Technology Group said the figure includes $12.1 million in litigation costs in the quarter stemming from its acquisition of TV streaming technology in […]
iPhone glitch can expose your browser history — how shocked users are finding out
Even if you browse “incognito,” your history may not be all that private after all. An alleged glitch is plaguing iPhone users who watch NSFW content in Private Window, a browsing mode that promises not to save web history or pages visited. But some unfortunate Apple users have discovered that despite using privacy features, their […]
Perplexity AI CEO offers to help NY Times overcome tech strike
The president of controversial startup Perplexity AI has made a bizarre offer to help The New York Times Company while its tech workers are on strike — The Gray Lady This comes just weeks after he threatened to sue the company for “illegal use” of the article. Aravind Srinivas, CEO of the Jeff Bezos-backed startup, […]
How recruiters know you used ChatGPT on a job application
AI can do many things, but it cannot automate your career. OpenAI's ChatGPT has the ability to create a resume or cover letter in less than 5 minutes based on the information you enter. But be careful, recruiters know this. “It appears that well over 25% of apps are generated by AI,” says Bonnie Dilber, […]