Is AI hurting American jobs? A bit, according to Federal Reserve Chair Jay Powell, whose comments Wednesday gave the AI fearmongers a good amount of material to work with.In a press conference, Powell said AI was “part of the story” behind the worsening unemployment that prompted the Fed to lower interest rates for the second time in two months. But he was quick to also say it was “not a... Read more ›
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Strategy, the largest bitcoin-holding stock, said it established a $1.4 billion dollar reserve by selling shares to pay dividends and interest, seeking to alleviate investors’ fear that it may be forced to sell its bitcoin to pay obligations in a market downturn. Michael Saylor’s Strategy, which ... Read more ›
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John Giannandrea, who was Apple’s artificial intelligence chief since 2018, is stepping down, Apple announced on Monday. Amar Subramanya, a former Google and Microsoft AI executive, will be joining Apple to take over some areas of the AI team, including AI research and internal foundation model ... Read more ›
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Amazon is planning a new ultrafast delivery offering for groceries and other daily essentials in major urban areas in the U.S., a critical test of the e-commerce giant’s ambitions to sell more daily staples to consumers and supercharge its grocery business. In recent months, Amazon has approached large consumer packaged goods brands to ask them for lists of products it could sell through the service, according to a person with... Read more ›
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OpenAI plans to invest an undisclosed amount of money in Thrive Holdings, a business launched by backer Thrive Capital to start and buy companies that could gain from artificial intelligence, such as accounting and other service oriented industries, Thrive Capital founder Josh Kushner announced ... Read more ›
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As Sri and I head to San Diego for the annual Neural Information Processing Systems conference this week (get in touch if you’ll also be there!), we’re excited to learn more about reinforcement learning, the model training technique du jour at all the major AI developers.There’s rising skepticism among researchers, including OpenAI co-founder Ilya Sutskever, about the effectiveness of RL and whether it can advance AI to the level of... Read more ›
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There’s a lot about Amazon’s efforts to put itself in the middle of the AI frenzy that hasn’t gone to plan over the past couple years. Its attempt to develop Amazon AI models that can compete with the most cutting-edge technologies from OpenAI, Google and others is still a work in progress. To buy time to improve Amazon’s own models, its cloud unit, Amazon Web Services, has bent over backward... Read more ›
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ByteDance is best known in the U.S. as the owner of TikTok. In China, the tech giant is also becoming known as a major force in cloud computing—so much so that it is now threatening Alibaba Group, long the undisputed king of cloud services in China. In one sign of the intensifying rivalry, executives at Alibaba have started to focus on the type of cloud offerings in which ByteDance has... Read more ›
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Moore Threads, a Chinese chip designer blacklisted by the U.S., drew frenzied demand from retail investors last week in its initial public offering on the Shanghai Stock Exchange. Its share offering was more than 4,000 times oversubscribed, according to an exchange filing. Moore Threads, which ... Read more ›
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Amazon Web Services and Google Cloud launched Monday a new jointly developed service that enables their customers to instantly establish high-speed connectivity between the two cloud platforms. Such a service would, for example, make it easier for customers using both cloud providers to move ... Read more ›
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Apple plans to use Intel to manufacture low-end chips for its laptops and iPads, according to Ming-Chi Kuo, a prominent Apple supply chain analyst. Although Apple has no plans to return to using Intel’s processor designs, tapping Intel’s chip foundries could help Apple politically, given that ... Read more ›
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Hopefully, everyone has digested their Thanksgiving leftovers. It’s going to be a busy week, tech event-wise. The biggest of them all is re:Invent, Amazon Web Services’ annual customer conference in Las Vegas that has become something like the Super Bowl of cloud computing. On Tuesday, AWS CEO Matt Garman is scheduled to take the stage for a keynote speech where he will almost certainly dwell on what the cloud giant... Read more ›
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Databricks CEO Ali Ghodsi has been more vocal than other Silicon Valley executives about the dangers of an AI bubble. His company’s new $5 billion round of fundraising, at a higher valuation than ever, epitomizes the risks and rewards of the boom: While sales are growing faster than forecast, AI development costs are squeezing gross profit margins. Privately held Databricks began asking investors for cash two weeks ago in a... Read more ›
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Three years after the U.S.’s sweeping export restrictions that cut off Chinese access to AI chips, China has managed to turn the situation around. For the next five years, it will have more AI chips than its companies need. The excessive supply is a combination of local chipmakers catching up and tech companies stockpiling Nvidia chips via both the open and black market, according to estimates from investment bank Jefferies. Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Secretive startup Klay enters the fray over AI music• Lists: Our 2025 gift guide—38 items we absolutely recommend • Robotics: Meet Matic, the most wonderful little robot in the world• Plus, our Recommendations: “Adrift,” “Venetian Vespers” and “One Battle After Another” Since the invention of cryptocurrency, the digital coins have always been about more than their basic monetary value. That’s because for... Read more ›
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U.S. shoppers are expected to spend between $11.7 billion and $11.9 billion on Black Friday purchases, according to Adobe Analytics, which tracks traffic and sales for U.S. retail websites. That figure is expected to be the highest yet for Black Friday spending and a more than 9% increase from a ... Read more ›
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DeepSeek released an AI model that the company said could solve five out of six problems on this year’s International Math Olympiad, a performance that would have earned a human competitor a gold medal, the highest award in the competition. In July, OpenAI and Google announced that their models ... Read more ›
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Indian conglomerate Adani Group will invest as much as $5 billion in a Google data center hub in Southern India, Bloomberg reported, citing a press briefing with Adani chief financial officer Jugeshinder Singh. Adani and Google said last month they were building the data center campus ... Read more ›
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A co-founder of a crypto company that struck a partnership with the Trump family’s blockchain group World Liberty Financial has threatened to file a whistleblower complaint over suspected irregularities in the public reporting of the crypto company, Alt5 Sigma, according to court filings. ... Read more ›
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Here at The Information, we approach the holidays with the same mindset that guides our reporting on the world’s most powerful people and largest companies throughout the rest of the year. This is all to say: We focus on dispensing nothing but the no-holds-barred truth. So each year, our annual gift guide features only items we know and love—things we’ve either already given as gifts or can genuinely see ourselves... Read more ›
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Business Insider
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31% 12 |
Gizmodo
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14% 8 |
The Verge
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8% 5 |
Slashdot
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6% 3 |
Tom's Hardware
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6% 34 |
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15.12.2025 15:23
Last update: 15:15 EDT.
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