Fed

Microsoft demonstrated its independence from OpenAI at its Build developer conference by launching a family of in-house AI models, including the reasoning model MAI-Thinking-1, trained from scratch wi…

Federal Reserve Bank of St. Louis President Alberto Musalem warned that betting on artificial intelligence to reduce inflation is a risky strategy. Musalem stated that while AI could boost productivit…

Based on the article, the author warns that autonomous AI trading agents built with Large Language Models (LLMs) are inherently probabilistic and prone to catastrophic failure, such as misinterpreting…