Epic Games Delays Unannounced Disney Shooter, Orders AI-Only Code
Epic Games delayed its unannounced Disney shooter and mandated AI-only code development.
45 min ago10 min read
AI
Bitcoin-AI Convergence and Freedom: Alex Gladstein's View
Alex Gladstein argues the biggest AI risk is centralized control, not extinction, and that local AI could aid human rights.
1 h ago6 min read
AI bubble concerns intensify ahead of earnings season
Revenue misses and rising yields fuel AI bubble fears, though strong demand persists.
1 h ago8 min read
IMF warns young workers face first wave of AI disruption
IMF chief Kristalina Georgieva warns AI will disrupt jobs, with young workers bearing the brunt as entry-level roles disappear.
2 h ago13 min read
Bitcoin Briefly Tops $84,000 as Asian Shares Shed $800 Billion
Bitcoin briefly topped $84,000 as Asian equities lost over $800 billion in a rout. Key support is at $80,000-$82,000.
4 h ago10 min read
AI boom's hidden cost: A new inflation worry for the Fed?
The AI boom's demand for data centres could push up electricity prices and feed into US inflation, adding to the Fed's challenges.
5 h ago8 min read
S&P 500 Q3 profits seen rising 29.6%, but AI sector guidance creates uncertainty
S&P 500 Q3 earnings growth is forecast at 29.6%, but a CNBC panel says AI company guidance will determine the market's direction.
11 h ago9 min read
Meta Shares Climb 3.4% After Muse Wonder Debut; Can Subscribers Fund AI?
Muse Wonder's release came Monday, and Meta shares rose 3.4%, about a third of September's 11% surge. Can subscribers cover that spending?
11 h ago8 min read
Rental prices for AI chips climb 60%, deepening the scramble for capacity
Renting Nvidia H100 chips now costs 60% more than a year ago as the AI compute crunch tightens, forcing startups and big tech alike into urgent capacity deals.
12 h ago17 min read
Georgieva warns AI is a gradual jobs tsunami as graduates feel the impact first
Georgieva warned AI is a slow-moving jobs tsunami. Graduates feel the first hit as the IMF expects 40% of global roles to be affected.
14 h ago17 min read
Broadcom chief calls AI investment a casino-like gamble while eyeing $230bn chip sales
Broadcom's Hock Tan likened AI investing to gambling and doubted OpenAI's profitability, despite projecting $230 billion in AI chip revenue by 2028.
14 h ago16 min read
Profit broadening beyond AI seen supporting stocks in Q3, JPMorgan says
JPMorgan strategists expect Q3 earnings to support stocks as profit growth broadens beyond AI, despite recent volatility.
16 h ago17 min read
Goldman identifies power and compute as key AI bottlenecks
Goldman Sachs says AI infrastructure demand runs ahead of capacity, with power becoming the key bottleneck over chips. Data and security platforms are top…
17 h ago16 min read
Broadcom Boss Hock Tan Turns Crypto’s Gambling Criticism on AI Investors
Broadcom CEO Hock Tan likened many AI investors to casino gamblers in Singapore. He still sees $230 billion in AI chip sales by 2028.
17 h ago10 min read
KuCoin's 5.0 platform update adds AI and unified trading account
KuCoin has launched KuCoin 5.0, adding AI-driven tools, a unified trading account for eligible users, accessibility features and expanded wealth management…
22 h ago14 min read