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Category: Business

Spirit Airlines CEO reassures airline not considering bankruptcy after challenges

From CNBC: 2024-06-07 11:55:04 Spirit Airlines CEO Ted Christie reassures that the airline is not considering bankruptcy after failed JetBlue

June 7, 2024

Tech companies prioritize AI development, releasing new products

From The Atlantic: 2024-06-07 11:29:49 Tech companies are prioritizing AI development, with Meta unveiling an AI chatbot and OpenAI releasing

June 7, 2024

GM partners with Costco to promote sales of new EV models, offering exclusive pricing and incentives

From NBCUniversal: 2024-06-07 11:05:11 General Motors is looking to Costco Wholesale to help drive U.S. consumers to its new all-electric

June 7, 2024

Accelerated data processing, including GPUs, is crucial for AI innovation in various industries.

From NVIDIA: 2024-06-07 11:00:19 AI is revolutionizing various industries, from finance to healthcare, by enhancing innovation. Effective AI models rely

June 7, 2024

U.S. regulators are investigating major tech companies for potential monopolistic behavior in the AI industry

From Forbes: 2024-06-07 10:12:00 Regulators in the United States are seeking to balance the development of artificial intelligence with mitigating

June 7, 2024

CEO Mark Bertolini of Oscar Health is focusing on the employer market for profitability.

From CNBC: 2024-06-07 10:01:56 Mark Bertolini, CEO of Oscar Health, is leading the company’s profitability efforts by focusing on the

June 7, 2024

AI video model Sora will revolutionize filmmaking, but traditional movie makers are skeptical

From Tom’s Guide: 2024-06-07 09:21:59 Actor and tech enthusiast Ashton Kutcher predicts AI will revolutionize moviemaking, allowing anyone to create

June 7, 2024

OpenAI is making progress in understanding how AI model GPT-4 'thinks'

From Future plc: 2024-06-07 09:19:39 AI developers are struggling to understand what their creations like ChatGPT do with the information

June 7, 2024

Apple set to unveil new AI system Apple Intelligence featuring AI summarizations and chatbot.

From Vox Media.: 2024-06-07 09:12:07 Apple is set to unveil new AI system Apple Intelligence at WWDC 2024, featuring “beta”

June 7, 2024

Meme stocks rallying on Reddit excite investors, but cognitive biases can lead to hasty decisions.

From Morningstar: 2024-06-07 09:48:00 The latest meme stock frenzy on Reddit has captivated investors, showcasing the new technology and options

June 7, 2024

Apple unveils AI features at WWDC 2024, emphasizing on-device capabilities and potential OpenAI partnership.

From CNBC: 2024-06-07 09:00:01 Apple unveils its Vision Pro virtual reality headset at its Worldwide Developers Conference, hinting at new

June 7, 2024

AI is revolutionizing industries, but public mistrust of tech companies is hindering its potential.

From Condé Nast: 2024-06-07 09:00:00 AI is rapidly transforming education, commerce, and the workplace, with projects that once took months

June 7, 2024

OpenAI and Google are advancing AI, but differing viewpoints on potential implications and risks.

From Vox Media: 2024-06-07 09:00:00 Former OpenAI employee Leopold Aschenbrenner predicts large language model-based general intelligence is on the horizon,

June 7, 2024

Increase in U.S. millionaire population by 600,000, with total fortunes reaching $26.1 trillion

From CNBC: 2024-06-07 08:00:01 The U.S. minted 600,000 millionaires last year, with a 7.3% growth in the millionaire population to

June 7, 2024

European Central Bank cuts interest rates by 0.25 percentage points, leading to adjustments in bond market

From Morningstar: 2024-06-07 07:42:00 Eurozone bond yields rose slightly after the European Central Bank cut interest rates by 0.25 percentage

June 7, 2024

US regulators are investigating Microsoft, OpenAI, and Nvidia for their roles in AI advancement.

From Euronews: 2024-06-07 07:03:06 US antitrust enforcers will investigate Microsoft, Nvidia, and OpenAI for their roles in the AI boom.

June 7, 2024

Nvidia raised dividend, but yield is still low at 0.03%, trailing competitors

From Morningstar: 2024-06-07 06:14:00 Nvidia has become the world’s second-largest company, valued at over $3 trillion. Despite raising its dividend,

June 7, 2024

Nvidia raises dividend to 0.03%, falling short of competitors

From Morningstar: 2024-06-07 06:14:00 Nvidia’s market value now surpasses $3 trillion, making it the world’s second-largest company. Despite raising its

June 7, 2024

Podcast interview with Justin Trudeau and OpenAI whistle-blower highlights Canada's A.I. leadership and company culture issues

From The New York Times: 2024-06-07 05:01:49 This week on ‘Hard Fork,’ Kevin and Casey host a cultural exchange with

June 7, 2024

SoftBank plans to open an AI data center next year to enhance AI capabilities

From Barchart: 2024-06-07 03:24:00 SoftBank is planning to open an artificial intelligence (AI) data center next year. The tech giant

June 7, 2024

TSMC's monthly revenue for May 2024 was NT$229.62 billion, a decrease from April

June 7, 2024 HSINCHU, Taiwan, R.O.C. – Jun. 7, 2024 – TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue

June 7, 2024

US watchdogs prepare antitrust probe into Nvidia, Microsoft-backed OpenAI for domination in AI sector.

From Yahoo Finance: 2024-06-07 00:52:36 U.S. watchdogs are preparing for an antitrust probe into leading tech companies dominating the AI

June 7, 2024

OpenAI rebuilds robotics team for collaboration in the industry

From Digits Times: 2024-06-06 23:59:23 OpenAI reassembles its robotics team after three years, recruiting research engineers to join the newly

June 6, 2024

Potential US antitrust probes for Nvidia, Microsoft, OpenAI split between Justice Department and FTC

From South China Morning Post: 2024-06-06 22:31:06 Regulators strike a deal to divide enforcement, with the Justice Department investigating Nvidia

June 6, 2024

AI systems may run out of training data, hindering progress for tech giants.

From Fortune Media Group Holdings: 2024-06-06 20:33:24 A new study reveals that AI systems may run out of publicly available

June 6, 2024

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