Warren Buffett personally initiated Berkshire Hathaway's $31 billion Alphabet position, including a $10 billion private placement unavailable to retail investors, while admitting the stock is not amon…
About half of all companies that laid off workers and replaced them with AI are now rehiring at greater expense, according to CNBC. Klarna, which replaced 700 customer service agents with an AI chatbo…
Twenty-six current and former Meta employees are suing the company, claiming its AI systems—including the internal large language model assistant Metamate, an employee-trained "second brain," and a pr…
A group of 26 anonymous Meta employees filed a lawsuit in federal court in Oakland on Monday, alleging that the company's use of AI systems to select employees for layoffs disproportionately targeted …
Kalshi is building a tool to predict the future price of computing power, according to Bloomberg. The prediction market platform will analyze weekly and monthly compute contracts using an algorithm to…
Google DeepMind chief Demis Hassabis is calling for a U.S.-led AI standards body to review frontier models for national security risks, proposing a federally overseen public-private organization that …
PrismML released Bonsai 27B, claiming it is the first major AI model of its size that can run on an iPhone, iPad, or Mac, with a 1-bit version fitting in about 4 GB of memory. PrismML CEO Babak Hassib…
OpenAI has struck a deal with prediction market Kalshi to display World Cup betting odds in ChatGPT responses, according to the New York Times. The arrangement, which has not been publicly announced, …
IBM shares plunged after the company warned that Q2 fiscal 2026 revenue and earnings would miss expectations, blaming a sudden customer shift toward AI hardware instead of software services. CEO Arvin…
Google DeepMind CEO Demis Hassabis proposed on July 14 the creation of a US-led Frontier AI Standards Body to evaluate advanced AI models for national security, cybersecurity, and biological threats, …
IBM shares plunged more than 23% after the company warned that its Q2 2026 revenue will fall short of expectations due to customers redirecting spending toward AI data center hardware. CEO Arvind Kris…
OpenAI has integrated real-time prediction market odds from Kalshi into ChatGPT search results for 2026 FIFA World Cup matchups, marking the company's first partnership with a prediction market platfo…
Michael Dell's net worth has surged over $80 billion and Dell shares have risen 240% amid AI-driven growth, fueled in part by his close relationship with President Donald Trump. Trump publicly endorse…
Microsoft CEO Satya Nadella and Palantir CEO Alex Karp both warned in the same week that enterprise data is at risk of being absorbed into AI vendors' intellectual property, as AI models learn from us…
Workers aged 55 and over in AI-exposed occupations are exiting work at higher rates since ChatGPT launched, according to Geoffrey Sanzenbacher at Boston College's Center for Retirement Research. The i…
Meta CEO Mark Zuckerberg is building a 5-gigawatt AI supercluster called Hyperion in Richland Parish, Louisiana, with the project's cost ballooning from $10 billion to over $50 billion, making it one …
Conservative commentator Ben Shapiro publicly asked Elon Musk to build an eight-seat Tesla minivan or SUV, arguing that the current lineup cannot accommodate his family of seven after Tesla ended prod…
Amazon has cut more than 57,000 corporate jobs since 2022, about 16% of its corporate workforce, while planning to spend roughly $200 billion on AI infrastructure by 2026, the largest single-year capi…
A Verasight survey found 69% of US adults support forcing AI companies to transfer 50% of their equity into a public sovereign wealth fund, with 81% backing government authority to block risky AI rele…
The AI industry is shifting away from the assumption that bigger models are always better, with enterprises now selecting models based on task, cost, and control rather than benchmark performance. Dri…