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Major insurers including Berkshire Hathaway, Chubb and Travelers are taking steps to cut AI-related damages from corporate insurance policies, and U.S. state regulators are giving them the green light.
Insurers are trying to get ahead of risks from companies that use generative artificial intelligence to automate tasks, stoked by the fast pace of model improvements. Executives at major insurance brokers, including Aon, Gallagher and Lockton, say that if insurers make the proposed AI exclusions from general
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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CBS News correspondent Scott Pelley is out at "60 Minutes" after over 30 years. He recently took aim at Bari Weiss and new top producer Nick Bilton. Read more ›
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SpaceX’s $75 billion offering will impact a lot more than just the employees and investors who are looking to cash in on their stock. It will also be a gauge of enthusiasm for tech IPOs, helping set the stage for other mega IPOs like Anthropic and OpenAI. If SpaceX’s IPO doesn’t take off, “you’d see a pullback in institutional capital that would have been available for other IPOs that want... Read more ›
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From God of War: Laufey to Wolverine, Sony's biggest reveals pointed to a shift in priorities. Read more ›
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The poor souls responsible for technology buying decisions at companies must be overwhelmed these days. Not only does seemingly every other tech firm want to send consultants—invariably calling themselves forward-deployed engineers as though they’re on maneuver in the desert—to help companies learn how to use their AI services, but the array of AI product choices seems to grow daily. On Tuesday, for instance, OpenAI held an event in New York... Read more ›
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Rivian's boss hypes up the company's self-driving systems, while Tesla's own employees claim the tech isn't ready Read more ›
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New research provides a deep dive into the ancient and modern day microbes that call Ötzi home. Read more ›
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Baseten, a startup that rents out Nvidia AI servers to application developers and helps them customize models, has recently been in talks with investors to raise $1 billion at an $11 billion valuation including the money, The Information reported Tuesday. That would more than double the company’ ... Read more ›
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Micron Technology crossed $1 trillion in market value for the first time Tuesday, as shares climbed 19% on rising demand for memory chips used in AI systems. It was Micron’s largest single-day gain since 2011. The rally came after UBS sharply raised its price target for Micron to $1,625 from ... Read more ›
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Qualcomm has reached a deal with ByteDance to supply chips for AI data centers to the Chinese tech giant, Bloomberg reported. The deal comes as Qualcomm, one of the world’s largest suppliers of smartphone processors, is trying to increase its presence in chips for AI computing. As part of the ... Read more ›
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ByteDance is considering more than doubling its capital expenditures this year to as much as $70 billion, as the Chinese tech giant ramps up its investment in data centers and other AI infrastructure, Bloomberg reported. ByteDance’s capex plans reflect the surging costs of compute in the AI ... Read more ›
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Chinese social media giant Kuaishou Technology said on Wednesday that its Kling AI video business reached an annualized revenue of about $500 million in March. Kling, which develops and sells AI video generation models, generated more than 650 million yuan ($96 million) in revenue in the first ... Read more ›
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In Russia, making bets on Polymarket isn’t permitted by the popular online prediction market’s rules. But that hasn’t stopped Ruslan Kashaev, a software developer who lives in the small Russian city of Ufa, a 15-hour drive from Moscow, from turning the site into a lucrative source of income. Using automated trading bots hosted on the Telegram encrypted messaging service, Kashaev has convinced thousands of Russian-speaking traders to bet on Polymarket.... Read more ›
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If you wander into the Manhattan office of AI startup Basis on a workday, you’ll see most of its 100 or so staffers whispering quietly into gooseneck microphones at their desks. They aren’t taking phone calls or talking with other humans at all. They’re speaking softly to their AI agents and chatbots. Such whispering has become a common sight at firms working at the bleeding edge of the field. Speed... Read more ›
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Most everyday investors can’t buy shares of hot private companies like SpaceX and OpenAI before they go public. With potential mega-IPOs looming this year, prediction markets like Polymarket and Kalshi are turning that hype into tradable bets. Users are flocking to yes-or-no bets on milestones like valuations and IPO timelines, betting with contracts that trade in cents and pay out $1 if the buyer is right. That’s helping prediction markets... Read more ›
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Amazon is marketing a new service to let other retailers take advantage of its AI shopping assistant technology. For the past two years, Amazon has offered an AI shopping chatbot on its main retail site, which was originally called Rufus, but earlier this month was rebranded to Alexa for ... Read more ›
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OpenAI’s foundation will grant $250 million in funding to promote research into the impact of artificial intelligence on the economy and jobs, the company said in a blog post on Wednesday. The company’s charitable arm was separated from OpenAI’s for-profit business last fall as part of a ... Read more ›
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02.06.2026 22:17
Last update: 22:10 EDT.
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