Twenty-six Meta employees have filed a lawsuit accusing the tech giant of using artificial intelligence to select workers for mass layoffs, a claim strongly denied by the trillion-dollar company.This post was originally published on this […]
Shares in PayPal surged as much as 13% on Wall Street Wednesday after reports that payments firm Stripe and private equity group Advent International had made a joint offer to buy the digital payments pioneer.This […]
IBM shares plunged 25% Tuesday after the U.S. tech giant released disappointing preliminary second-quarter results, blaming a shift in customer spending because of expected higher prices for memory chips and other AI-related infrastructure.This post was […]
The Swiss competition authority announced Tuesday that it had opened a preliminary investigation into Google’s removal of the “choice screen” feature on Android devices in Switzerland.This post was originally published on this site
Financial markets are rewarding companies that are well-positioned to benefit from widespread adoption of artificial intelligence (AI) with higher returns, according to a new Yale-led analysis of 380 trillion AI tokens, one of the largest […]
Apple on Friday accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, a major rupture in a partnership between the iPhone maker and the artificial intelligence company.This post […]
The European Union accused Meta on Friday of breaching its social media law by designing Facebook and Instagram to get users hooked, and demanded it disable “key addictive features” like infinite scrolling.This post was originally […]
Top Silicon Valley executive Fidji Simo announced Wednesday she is leaving her full-time role at OpenAI to go part time as an adviser and focus on recovery from a chronic illness.This post was originally published […]
South Korean chip giant SK hynix set pricing for its mega U.S. listing on Friday, raising $26.5 billion as it takes advantage of the AI boom in what will be one of the world’s biggest-ever […]
Researchers have developed a benchmarking framework to assess whether artificial intelligence (AI) can generate decentralized finance (DeFi) smart contracts that are efficient and cost-effective, lowering computational costs, known jargonistically as “gas.” The work might address […]
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