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The Latest Breaking News on AI

Meta's $210 Billion Tech Stack May Be Masking A Harsh Truth: Jim Chanos Says 12-Year Depreciation On 2-Year GPUs Overstates Profits

Prominent short seller Jim Chanos raised concerns on Wednesday about Meta Platforms Inc. (NASDAQ:META) potentially overstating profits through extended depreciation schedules on rapidly obsoleting artificial intelligence infrastructure.

Benzinga

First NHS AI-run physio clinic in England halves back-pain waiting list

AI platform Flok Health to be rolled out to other NHS trusts but experts warn tech-based care could increase health inequalities

The Guardian - UK

China Summons Chip Giant Nvidia Over Alleged Security Risks

Chinese internet authorities summoned Nvidia on Thursday to discuss "serious security issues" over some of its artificial intelligence (AI) chips, as the US technology giant finds itself entangled in trade tensions between Beijing and Washington.

International Business Times

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Palantir Alum Recalls 2020 All-Nighter That Won Over Tyson Foods After CTO Called Demo 'Impossible' During Pandemic Supply Chain Crisis

Former Palantir Technologies Inc. (NYSE:PLTR) executive Ka Ling Wu revealed how a 24-hour supply chain demonstration during the early COVID-19 pandemic led to a transformative partnership with Tyson Foods Inc. (NYSE:TSN).

Benzinga

Met Police to double use of facial recognition technology amid budget cuts

The move by London’s police force comes as it restructures to cover the loss of 1,400 officers and 300 staff amid budget shortages

Evening Standard

Microsoft Paper Warns AI Could Make Historians Extinct But Leave Embalmers Alone, Here's A List You Want To See

A new paper from Microsoft Corp. (NASDAQ:MSFT) outlines which jobs are most likely to be disrupted by generative AI and which ones are least affected.

Benzinga

Arm Holdings Explores Designing Its Own Chips As AI Demand Skyrockets: More Competition For Nvidia?

Arm Holdings Plc (NASDAQ:ARM) is actively exploring a significant strategic shift towards developing “full-end solutions” and chiplets, potentially moving beyond its traditional intellectual property (IP) licensing model.

Benzinga

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Satya Nadella Says He Used To Gaze Over The Lake And Wish Netflix Would Use Azure, But Is Happy The Tide Has Turned With OpenAI

Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella has said that working with leading AI startups like OpenAI helps sharpen the company's cloud infrastructure and product development, drawing a parallel to a time when he wished Netflix Inc. (NASDAQ:NFLX) had chosen Azure over Amazon.com, Inc.'s (NASDAQ:AMZN) Amazon Web Services.

Benzinga

Inside the race to cure cancer: ‘We’re at the cusp of a golden era of treatment’

From new vaccines to predictive AI, Kate Wills investigates whether cancer is about to be beaten

Evening Standard

Meta CFO Susan Li Says Company May Tap External Financing For 2026 AI Infrastructure As CapEx Heads Toward $100 Billion

Meta Platforms Inc. (NASDAQ:META) may look to outside partners to help finance its ballooning infrastructure investments in 2026, as it ramps up spending on artificial intelligence and data centers.

Benzinga

Sam Altman Warns ChatGPT Conversations Aren't Protected Like Talking With Your Psychologist Or Lawyer: 'We Could Be Required To Produce That' In Court

OpenAI CEO Sam Altman has raised concerns over the lack of legal confidentiality surrounding ChatGPT conversations, warning users that sensitive chats could be subject to court subpoenas.

Benzinga

Even High Earners Mess Up: Their Most Expensive Money Mistakes Revealed

Everyone makes money mistakes, and if you learn from enough people, you can avoid common pitfalls on the path to wealth. Financial blunders aren't limited to people who don't have enough money to cover their expenses. Many high earners have also made mistakes with their money, and many of them…

Benzinga

Meta's Q2 earnings continue to soar as AI fuels its ad revenue

Meta reported a strong financial Q2, as the total revenue saw an increase of 22% year over year.

Android Central

Dave Ramsey Says 'Almost Every Time It Makes Sense To Take It Early' —Tells 61-Year-Old To Claim Social Security At 62 And Invest 'Every Dollar'

When Tracy from Billings, Montana called into "The Ramsey Show," he was looking for advice. What he got was a full-blown Social Security takedown.

Benzinga

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GamesRadar

Microsoft confirms it made $27 billion after laying off 9,000 people, and its CEO physically cannot stop talking about AI: "Cloud and AI is the driving force of business transformation across every industry and sector"

The "enigma of success" strikes again

International Business Times

Meta Beats Expectations Sending Share Price Soaring

Meta reported robust second-quarter financial results Wednesday, with revenue jumping 22 percent year-over-year to $47.5 billion as the social media giant continues investing heavily in artificial intelligence.

International Business Times

Microsoft Quarterly Profits Soar On AI And Cloud Growth

Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence (AI) units.

Windows Central

Microsoft Teams revives the Metaverse with Immersive Events: Here's what to expect

A new immersive events feature in Microsoft Teams lets users meet in virtual spaces from a PC, Mac, or Meta Quest headset.

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Android Central

YouTube now lets TV viewers jump straight to the highlights

YouTube's 'Jump Ahead' AI feature is hitting TVs, but only if you're paying for Premium.

Benzinga

CoreWeave Stock Slides In Quiet Trading As Investors Weigh Growth Against Risk

Shares of AI infrastructure provider CoreWeave Inc (NASDAQ:CRWV) are trading lower Wednesday afternoon, continuing a period of significant volatility despite a lack of company-specific news. Here’s what investors need to know.

Benzinga

Dave Ramsey Caller Discovers Her Boyfriend Hid $80,000 In Credit Card Debt. Now He's Asking Her To Co-Sign A $100,000 Loan On His Home

A woman from Raleigh, North Carolina, called into “The Ramsey Show” recently with a jaw-dropping financial dilemma.

Benzinga

Marvell Stock Rebounds On AI Momentum, New Global Chip Partnership

Marvell Technology (NASDAQ:MRVL) traded higher Wednesday as the AI boom drives major tech companies to accelerate chip upgrades to meet surging global demand and strengthen their competitive positions.

The Guardian - US

Zuckerberg claims ‘superintelligence is now in sight’ as Meta lavishes billions on AI

In advance of Meta’s quarterly earnings report, CEO says his company aims to bring powerful AI into the lives of millions

The Independent UK

Is AI causing tech worker layoffs? That's what CEOs suggest, but the reality is complicated

A new report from Indeed reveals that tech job postings in July were down 36% from early 2020 levels

Benzinga

3 Natural Gas Stocks That Are Booming Because Of AI

Artificial intelligence may be making more headlines in the financial media than in the technology press – and for good reason.

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