Business news
Business
AI feud: How Musk and Altman's partnership turned toxic
The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to ...
Feb 12, 2025
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Google has dropped its promise not to use AI for weapons. It's part of a troubling trend
Last week, Google quietly abandoned a long-standing commitment to not use artificial intelligence (AI) technology in weapons or surveillance. In an update to its AI principles, which were first published in 2018, the tech ...
Feb 11, 2025
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Altman says OpenAI 'not for sale' after Musk's $97 bn bid
Artificial intelligence developer OpenAI is "not for sale", chief executive Sam Altman said in Paris Tuesday in response to a reported $97.4 billion bid from competitor Elon Musk.
Feb 11, 2025
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YouTube, the online video powerhouse, turns 20
YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership.
Feb 11, 2025
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Business
Elon Musk heads group trying to buy control of OpenAI: Report
Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front in his war with the ChatGPT-maker, the Wall Street Journal reported Monday.
Feb 11, 2025
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Business
Legal fight against AI-generated child pornography is complicated. A legal scholar explains why
The city of Lancaster, Pennsylvania, was shaken by revelations in December 2023 that two local teenage boys shared hundreds of nude images of girls in their community over a private chat on the social chat platform Discord. ...
Feb 11, 2025
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Business
What is Jevons' Paradox? And why it may—or may not—predict AI's future
In 1865, William Stanley Jevons first described a paradox. He maintained that more efficient steam engines would not decrease the use of coal in British factories but would actually increase it. As the fossil fuel became ...
Feb 10, 2025
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Business
When your boss is an algorithm: Warehouse employees face new challenges and stress
The digital revolution has opened unimagined opportunities, but it comes with a threat of leaving the most vulnerable workers behind.
Feb 10, 2025
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Business
Research suggests Metaverse could be new frontier for human-centric manufacturing
The integration of advanced technologies like augmented reality (AR) and digital twins is set to redefine the workforce's role, making humans an essential part of the manufacturing equation once again.
Feb 10, 2025
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Business
Generative AI, online platforms and compensation for content: The need for a new framework
The emergence of generative artificial intelligence has put the issue of compensation for content producers back on the table.
Feb 10, 2025
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Business
Nokia CEO Lundmark to be replaced by Intel AI chief Hotard
Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centers at US chip-maker Intel.
Feb 10, 2025
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Business
Elon Musk says has no plans to acquire TikTok's US operations
Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday.
Feb 9, 2025
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Business
Sony PlayStation Network outage enrages gamers around the world
A major outage of Sony's PlayStation Network (PSN) on Saturday has left tens of thousands of gamers unable to access online services, stores and multimedia apps.
Feb 8, 2025
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Business
Airbus and Boeing eye India's 'soaring skies'
Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India exhibition from Monday.
Feb 8, 2025
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Business
Software giant Red Hat gives owner IBM lift to shed its stodgy identity
At IBM's Investor Day event in New York City this week, the first the company has held since 2021, a word executives stressed was "software."
Feb 7, 2025
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Business
US lawmakers introduce bill to ban DeepSeek from govt devices
US lawmakers on Thursday brought forth a bill to ban Chinese artificial intelligence program DeepSeek from being used on government devices over concerns about user data security.
Feb 7, 2025
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Business
Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter.
Feb 7, 2025
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Business
Academic researchers find a way to train an AI reasoning model for less than $50
A small team of AI researchers from Stanford University and the University of Washington has found a way to train an AI reasoning model for a fraction of the price paid by big corporations that produce widely known products ...
Business
Google halts workplace diversity push
Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators.
Feb 6, 2025
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Business
OpenAI says DeepSeek 'inappropriately' copied ChatGPT—but it's facing copyright claims, too
Until a few weeks ago, few people in the Western world had heard of a small Chinese artificial intelligence (AI) company known as DeepSeek. But on January 20, it captured global attention when it released a new AI model called ...
Feb 5, 2025
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Business
Q&A: How DeepSeek is changing the AI landscape
On Monday January 27, a little known Chinese start-up called DeepSeek sent shockwaves and panic through Silicon Valley and the global stock market with the launch of their generative artificial intelligence(AI) model that ...
Feb 5, 2025
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Business
DeepSeek, Nvidia and the AI race that's shaping the future
The AI revolution is well underway and two companies—DeepSeek and Nvidia—stand out among those competing to lead it. Outside the financial world, the story might seem distant—but it really does have consequences for ...
Feb 5, 2025
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Business
How AI bias shapes everything from hiring to health care
Generative AI tools like ChatGPT, DeepSeek, Google's Gemini and Microsoft's Copilot are transforming industries at a rapid pace. However, as these large language models become less expensive and more widely used for critical ...
Feb 5, 2025
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Business
How will AI be used in advertising?
The Super Bowl, which will be broadcast on Feb. 9, and will feature the Kansas City Chiefs and the Philadelphia Eagles, is much more than just a major sporting event. It's a way for advertisers to showcase cars, consumer ...
Feb 5, 2025
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