Why Britain should reject the lure of cheap – and scary – Chinese AI In the west the technology comes with at least some effort to provide security and a benign intent – not so from China The Guardian - UK · Oct 17
Does the AI Selloff Put Alphabet's Breakout in Doubt? An AI sell-off pulled Alphabet stock back toward its 200-day moving average near $340, testing a breakout setup built on the strong reception of its Gemini 4 Argon model. MarketBeat · Oct 17
Own a Small Business? Your Old Records Could Be Worth More Than You Think This post includes affiliate links. If you purchase anything through these affiliated links, the author/website may earn a commission. What if years of business records... Saving Advice · Oct 17
AI midwife seeks to fill gaps in Zimbabwe's maternal health care With public health services stretched thin, women in Zimbabwe sometimes struggle to access reliable information about pregnancy and childbirth. A locally developed app aims to answer their questions and direct them to appropriate care, in an example of the potential of artificial intelligence to ease pressure on overloaded health systems. Radio France Internationale · Oct 17
Anthropic’s Dario Amodei is steering a possible $2 trillion IPO—but he says up to 40% of his time goes to making sure company culture is good Dario Amodei says constant communication and avoiding "corpo speak" keep Anthropic's 3,500 employees aligned as the AI race heats up. Fortune · Oct 17
Move over, pervert glasses – the latest toxic trend is robogroping Whenever a new technology is created, it will, without exception, immediately be used to harass girls and women The Guardian - US · Oct 17
Alphabet’s chief investment officer responds to Jefferies warning that the most likely outcome of the AI boom is massive U.S. capital destruction "It’s illogical to say we’re in a capacity-constrained position," Ruth Porat told Fortune's Editor-in-Chief Alyson Shontell. Fortune · Oct 17
Anthropic Co-Founder Claims AI Could Add Trillions To U.S. GDP Within Four Years Speaking at the IMF and World Bank meetings in Bangkok, Jack Clark said that artificial intelligence developments could increase U.S. economic output from its current level of about $30 trillion to $44 trillion by 2030. International Business Times · Oct 17
North Korea claims to have tested an AI-guided ‘super-speed’ torpedo State media claims test-launch represents a ‘significant’ change in Pyongyang’s naval capabilities The Independent UK · Oct 17
Red Bull explains how AI is influencing its F1 race strategy Red Bull has revealed how an AI-powered race strategy tool developed with Oracle is helping the F1 team make decisions during grands prix Motorsport · Oct 17
Trump’s super intelligence diplomat: Marco Rubio Trump changed AI to SI. Now he has created a new breed of SI diplomacy. The Economic Times · Oct 17
The power of AI is worrying senior Labour figures – as is the fear of ‘falling behind the public’ Westminster appears to be waking up to warnings over AI safety, with concerns over its use by extremist groups and bad actors The Guardian - UK · Oct 17
Rising borrowing costs signal funding risks for global AI expansion: Jefferies report As the financial markets grapple with emerging pressures, substantial investments in artificial intelligence infrastructure are evident. Companies like Oracle and CoreWeave are facing heightened credit risk, indicating struggles with borrowing amidst rising financing costs. Investors need to keep a close eye on credit spreads to gauge the viability of AI… The Economic Times · Oct 17
MarketBeat Week in Review – 10/12 - 10/16 Tech stocks fell on inflation fears and AI infrastructure concerns while the Dow rose, as MarketBeat analysts review earnings outlooks, sector rotation, and stock picks from the week's top stories. MarketBeat · Oct 17
The National (Scotland) · Oct 17 SNP vote for Scottish Government and party to quit Elon Musk's Twitter/X SNP members have voted in favour of calls for the party and Scottish Government to quit Twitter/X at their conference in Aberdeen ...
The Guardian - UK · Oct 17 ‘Countries are defying gravity’: how much longer can global economy resist chaos? Sky-high oil prices and geopolitical turmoil have made less of a dent than feared … just don’t bank on it to last
The Economic Times · Oct 17 IMF members call for more support amid war shocks, 'advanced intelligence' risks The International Monetary Fund's member nations are advocating for heightened assistance to those grappling with financial difficulties, mainly due to adverse repercussions from ongoing conflicts and soaring energy prices. The chair of the International Monetary and Financial Committee emphasised the persistent economic risks.
The Economic Times · Oct 17 ET Alpha Wealth Summit 2.0 | Why alternatives are becoming essential for wealth creation beyond stocks and bonds, says Rahul Jain Nuvama Wealth Management’s Rahul Jain says alternative investments can diversify portfolios through private markets, AIFs, private credit, REITs and InvITs. He recommends evaluating risk before returns and taxes, while considering global equities and liquidity constraints when determining portfolio allocations.
The Economic Times · Oct 17 IMF chief says AI risks may exceed opportunities without safeguards and ethical framework The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chief Kristalina Georgieva said on Friday, backing a blend of industry self-regulation and input from key governments.
The Economic Times · Oct 17 US reviving shuttered nuclear plants to meet growing electricity demand and to power data centres The United States is planning to restart three closed nuclear plants to address rising energy needs. These plants were shut down due to high electricity costs but are now sought after for carbon-free energy. Large technology companies are contracting for power from these facilities, ensuring a stable revenue. Restarting these…
The Economic Times · Oct 17 Dollar heads for weekly loss as Fed hike bets fade, AI jitters linger This week, the dollar faced a notable drop due to decreased expectations for interest rate increases from the Federal Reserve. Federal officials' remarks have led to steadying Treasury yields, which in turn weakened the dollar's position. Concurrently, the euro and yen gained ground, with the euro nearing a weekly rise.…
The Economic Times · Oct 17 European shares close out best week since June as earnings soften blow from tech selloff European shares rose significantly due to robust earnings across multiple sectors, providing a buffer against a global tech stock decline. The STOXX 600 index climbed by 0.7%, achieving its best performance since June. Companies like Aixtron and Nordex marked impressive gains, while the tech sector displayed noteworthy stability. With the…
The Economic Times · Oct 17 Global markets: Stocks slip as dollar heads for weekly loss In a week fraught with concerns over escalating interest rates and financial complications tied to AI, global stock indices saw moderate declines. While the S&P 500, Nasdaq, and Dow Jones recorded losses, the Dow managed to post a weekly gain. In contrast, European markets, led by London's FTSE 100, experienced…
The Economic Times · Oct 17 Wall Street Week Ahead: As AI rally wobbles, stock market's spotlight turns to earnings Investor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly results from major players, including Meta Platforms, are being closely monitored by investors. Analysts are watching whether hyperscalers can sustain profitability amid significant capital expenditures on AI infrastructure. The performance of…
The Guardian - AU · Oct 16 Decluttering your online life: how to get your digital house in order and protect your data from AI The average person spends 40% of their waking hours online. Clearing out digital clutter can minimise environmental impacts and boost productivity