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The Latest Breaking News on AI

OpenAI Veteran's Hedge Fund Implodes After Wall Street Banks Reduce AI Bet Exposure

Former OpenAI researcher Leopold Aschenbrenner's hedge fund, Situational Awareness, unwinds after steep losses and greater demands for collateral from Goldman Sachs and JPMorgan Chase.

International Business Times

Microsoft Surges, Meta Sinks As Investors Demand Returns From AI Spending

Wall Street is beginning to reward companies that are successfully converting AI investments into measurable returns and punish those who are not.

International Business Times

"A couple of companies have managed to ignite a culture war and bring the economy to the brink of collapse": Games AI veteran says it can be useful, but we've made mountains out of ChatGPT's molehills

"This is a five-alarm fire"

GamesRadar

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We won't get "the next FromSoftware" or "another Remedy or Larian" at this rate, warns veteran dev: "We have to change that"

Interview | "It's like waiting at the door for a package you've never ordered"

GamesRadar

Math nerds are Silicon Valley’s latest hot commodity pulling down entry-level pay of half a million dollars

Competition from AI labs such as OpenAI and Anthropic is driving elite quantitative firms to raise entry-level offers to keep top mathematical talent

The Independent UK

AI-for-all project delayed pending review

The government's TH-AI Passport project is unlikely to be launched by the end of July as expected, pending a complete review of the amended contract by the Office of the Attorney-General (OAG).

Bangkok Post

Stock Market Today: Microsoft Ignites Chip Rebound as SanDisk Jumps 24%

U.S. equities clawed back Wednesday’s post-Fed losses by midday Thursday, with a blowout cloud print from Microsoft Corp. (NASDAQ:MSFT) reviving the artificial intelligence trade and dragging beaten-down semiconductor names sharply higher.

Benzinga

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AI Star Leopold Aschenbrenner Built A $45 Billion Hedge Fund. Weeks Later It Has Been Forced To Unwind Bets

Several of Situational Awareness' prime brokers, including Bank of America, Goldman Sachs, and JPMorgan Chase, have been working with the hedge fund to either raise cash or reduce positions in an orderly manner.

International Business Times

Mark Zuckerberg says billions of people will have AI agents organising their lives in five years

Claims from Meta CEO came after company reported its latest results – which showed huge spending on artificial intelligence

The Independent UK

Microsoft’s $15 Billion Capex Cut Isn’t a Cut at All

Microsoft Corp. (NASDAQ:MSFT) told investors on Wednesday that its calendar-2026 capital expenditure forecast had dropped to roughly $175 billion, down from the approximately $190 billion projected in April.

Benzinga

Shopping on Amazon or Walmart? Why you shouldn't rely on their AI assistants just yet

A new Columbia Law School report claims Amazon and Walmart's AI shopping assistants make American-made products harder to find—and raises bigger questions about AI-powered shopping.

Tom’s Guide

PSA: Your watch band may be messing with your laptop – magnetic clasps can cause lid sensors to lock your PC

It’s likely a niche issue, but I discovered recently that my magnetic watch clasp was confusing an Acer laptop into thinking I was closing and opening the lid, causing me to repeatedly get logged out of Windows just as I tried to type.

Tom’s Hardware

AI Wunderkind Leopold Aschenbrenner's $20 Billion AI Hedge Fund Is Raising Cash After AI Rout (UPDATED)

Editor’s note: the story has been updated with the latest reporting about Situational Awareness’s portfolio.

Benzinga

Tyla hit with heated AI allegations over new animated music video

‘That Girl’ has ruffled feathers online.

Creative Bloq

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Reason

Updated Version of My Article "Immigration is Not Invasion"

It is now available on SSRN. This revision adds additional points, and takes account of various recent events.

International Business Times

Microsoft's Massive AI Spending Is Paying Off. Its Stock Is Soaring

Microsoft's stock is jumping after the company reported quarterly results that showed its Azure cloud business accelerating to its fastest growth rate in four years, helping reassure investors that AI data centers are translating into higher revenue.

Benzinga

SanDisk Leads Memory Stock Rally — Here's What's Fueling the Bounce Back

Memory stocks are rallying Thursday, clawing back a chunk of Wednesday’s steep losses. Sandisk Corp. (NASDAQ:SNDK), Micron (NASDAQ:MU), Seagate (NASDAQ:STX), Western Digital (NASDAQ:WDC), SK Hynix Inc. (NASDAQ:SKHY) and the Roundhill Memory ETF (NASDAQ:DRAM) are all higher in early trading, reversing course after a sharp selloff a day earlier.

Benzinga

AI Spending Boom Just Made US Economy Look Weaker Than It Really Is

The U.S. economy looked surprisingly soft on paper in the second quarter. Yet beneath the headline, it may have delivered one of the strongest signals yet that the artificial intelligence investment boom is accelerating.

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Tom’s Hardware

Google could build more AI accelerators than Nvidia sells in 2028, analyst claims — could push the company to use Intel Foundry to meet its goals

Google eyes to build more TPU AI accelerators in 2028 than Nvidia, if a report by Fubon Research is correct.

Benzinga

Amazon Earnings Prediction Market Preview: What Will Andy Jassy Talk About?

Amazon.com Inc. (NASDAQ:AMZN) reports second-quarter earnings after the bell Thursday, with the call at 5:00 p.m. ET.

Medical Daily

A Medicare Prior Authorization Pilot Has Run in Six States Since January Without Most Patients Knowing

A CMS pilot has applied prior authorization to some Original Medicare procedures in six states since January. How to tell if it affected you.

France 24

AI before AI: The forgotten Soviet programme (1/2)

Beginning in the 1950s, the Soviet Union launched an ambitious programme aimed at developing artificial intelligence. While the history of AI today seems to be shaped by the giants of Silicon Valley, ideas originating from behind the Iron Curtain had a significant influence, although they remain largely overlooked.

Benzinga

Microsoft’s $3.2B Anthropic Gain Beat an Entire Business Segment

Microsoft Corp. (NASDAQ:MSFT) has spent the past two years positioning itself as one of artificial intelligence’s biggest builders. But during its fiscal fourth-quarter earnings report, the company revealed that simply investing in AI proved lucrative enough to outperform one of its own operating businesses.

The Independent UK

Artificial’s Andrew Garfield and other stars reacts to Amazon axing film about Jeff Bezos pal

The true-life drama, directed by Oscar nominee Luca Guadagnino, was dumped by its backers in June, with Amazon saying it would be ‘better served if it were released by a different studio’

Benzinga

Azure Ignites Microsoft Stock: AI-Fueled Earnings Beat Sparks 9% Rally

Microsoft Corp. (NASDAQ:MSFT) stock surged about 9% in Thursday’s premarket session after the software giant reported fourth-quarter results that comfortably beat Wall Street expectations, driven by accelerating Azure cloud growth and rising AI adoption.

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