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Despite the ongoing surge in artificial intelligence (AI) interest, wider markets are showing signs of fatigue. A recent commentary on CNBC’s “Daily Open” newsletter noted that outside of the AI theme, many sectors lack clear direction and momentum. The S&P 500 and Nasdaq continue to hover near highs, yet they remain sensitive to macro risks…
The global AI boom is showing no signs of slowing down. Investors and tech leaders say artificial intelligence is moving into a new phase — one driven by real products, real revenue, and strong demand across industries. Many experts now believe the AI sector is very different from the dot-com era. During the early 2000s,…
Mustafa Suleyman, head of AI at Microsoft, has made a striking warning: only biological beings can truly be conscious. He argues that pretending otherwise with AI is dangerous and misguided. Suleyman says AI systems today — however advanced — are tools. They lack inner experiences, desires or suffering. “There is nothing inside,” he states, meaning…
Amazon reported its third quarter results with revenue of $180.2 billion, up 13% year-over-year. Earnings per share reached $1.95, beating expectations and showing strong profit growth. The standout was AWS (Amazon Web Services), which posted $33 billion in revenue—up 20%—and marked its fastest growth since 2022. The cloud unit also delivered more than half of…
Artificial intelligence (AI) has moved beyond the lab and is now reshaping industries like energy, retail and utilities in Spain and around the world. At a recent panel in Madrid, three senior executives from Microsoft, Carrefour Spain and Iberdrola discussed where AI stands today—and what it will never be able to do. They noted that…
Major companies around the world are significantly slashing jobs, driven by two powerful economic forces: weak business confidence and a massive strategic push into Artificial Intelligence (AI) technology. The Dual Pressures The current wave of layoffs reflects a pessimistic outlook among corporate executives. Weak sentiment is fueled by ongoing global uncertainty, high interest rates, and…
The massive, trillion-dollar global investment in Artificial Intelligence (AI) is no longer concentrated solely in Silicon Valley or major developed nations. According to this report, the feverish push into AI technology is now truly global, reaching and transforming economies everywhere. The globalization of AI is driven by several factors: The report highlights that the focus…
According to a report by The Information, SoftBank has approved the remaining $2.25 billion of its planned investment in OpenAI, the company behind ChatGPT. The Significance of the Deal This investment is a major win for OpenAI, securing significant capital to fund its aggressive research and development plans. For SoftBank, led by Masayoshi Son, it…
A toddler fleeing a T-Rex to the sound of Lady Gaga. A dancing cat in streetwear. A police bodycam arresting macaroni and cheese. Welcome to the next — and messiest — era of social media, powered by artificial intelligence. From OpenAI’s Sora app to Meta’s AI Vibes and TikTok’s AI Alive, tech giants are rushing…
Campus, the college startup supported by OpenAI CEO Sam Altman, has appointed Jerome Pesenti, former VP of AI at Meta, as its Chief Technology Officer. The move marks a major step in Campus’s mission to revolutionize higher education through artificial intelligence. As part of the agreement, Campus will acquire Pesenti’s AI learning platform, Sizzle AI,…
