Sen. Bernie Sanders introduced the American AI Sovereign Wealth Fund Act, which would give the U.S. government 50% ownership of AI companies with over $200 million in annual sales and pay every Americ…
A new PwC analysis of over 1 billion job postings finds that AI is not eliminating entry-level jobs but transforming them into roles requiring skills traditionally associated with experienced workers,…
Corporate leaders are confronting ballooning AI costs as employees overuse the technology, with Uber burning through its entire 2026 AI budget in four months and one client spending half a billion dol…
Anthropic CEO Dario Amodei manages only one direct report—his chief of staff—while all other senior leaders report to his sister and company president Daniela Amodei, a structure he calls 'incredibly …
Sen. Ruben Gallego (D-Ariz.) pressed the Trump administration to investigate 'ghost jobs'—online listings for positions that employers have no intent to fill—warning that the practice is warping feder…
Google DeepMind has unveiled a security plan to protect against rogue AI agents, shifting focus from the alignment problem to a layered cybersecurity framework that treats AI agents as potential insid…
Maverick Capital co-CIOs Ben Silver and David Tykocinski warn of an 'air pocket' risk in AI markets as infrastructure buildout outpaces productivity gains, and predict value will shift back downstream…
Legora, a three-year-old AI startup focused on the legal sector, raised $550 million in Series D funding at a $5.6 billion valuation, backed by Nvidia's NVentures and law firm Bird & Bird. The company…
Federal Reserve Chairman Kevin Warsh held his first meeting, keeping benchmark rates steady but signaling less predictable interest rate policy. With four dissenting FOMC votes—the most since 1992—and…
SpaceX will acquire Anysphere, the parent company of AI coding agent Cursor, for $60 billion in stock, giving SpaceX a robust coding agent to compete with rivals like Anthropic and OpenAI. The deal co…
Anne Hathaway revealed that during a recent hiring process, every candidate sent her a thank-you note written by ChatGPT, all identical. She warned job seekers that using AI for such notes can backfir…
Federal Reserve Chair Kevin Warsh signaled a hawkish stance at his first press conference, emphasizing a strong commitment to the 2% inflation target and dismissing dovish expectations. Markets reacte…
Apollo chief economist Torsten Slok warns that falling token prices are driving companies to spend even more on AI, citing Jevons paradox. Despite a 90% drop in token costs since 2023, aggregate AI sp…
Jeff Bezos said at VivaTech that AI will create a labor shortage rather than eliminate jobs, arguing that human demand for work is endless and AI will lower barriers. His optimistic view contrasts wit…
Brinker International CIO Chris Caldwell spent two years rebuilding the restaurant chain's core technology infrastructure, including Wi-Fi and back-office systems, before exploring AI use cases. The C…
Nvidia CEO Jensen Huang said in an AP interview that society must embrace AI and create new social norms to adapt, as his company's technology drives economic growth and scientific breakthroughs. Huan…
AI startup Aaru, cofounded by 21-year-old Ned Koh, accurately simulated nearly 2 million New York voters in the city's primary mayoral election, coming within 2,000 votes of the final count. The compa…
Perplexity CEO Aravind Srinivas says fear of failure is 'the stupidest thing' holding people back, urging a focus on offense and risk-taking. Srinivas, who grew up in a lower-middle-class family in In…
OpenAI backers spent $7.6 million to defeat New York Assemblyman Alex Bores in a congressional primary, while Anthropic-funded groups spent over $10 million to support him, turning the race into a pro…
OpenAI's leaked 2025 financials show revenue of $13.07 billion but total costs of $34 billion and operating losses of $20.92 billion, raising questions about its path to profitability ahead of a poten…