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The Latest Breaking News from AI

Intel Shares Plunge 18% As It Plans Layoffs, Halts Dividends After Missing Q2 Estimates

Intel will deploy over a $10 billion cost-cutting plan to strengthen its balance sheet and accelerate plans for AI chips and the foundry business.

International Business Times UK

Sam Altman re-prioritizes safety processes at OpenAI after it seemingly took a backseat for 'shiny products'

OpenAI CEO Sam Altman highlighted new updates regarding the company's safety policies, including allocating 20% of its computing resources to safety processes across its tech stack.

Windows Central

3 Standout Stock Picks in AI Infrastructure to Consider Now

As AI technologies continue to advance, here are three standout stocks in AI infrastructure that are worth considering now.

Barchart

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Singapore's AI ambitions: How the city-state is keeping up in an arms race dominated by the U.S. and China

Collaboration between government and industry has made Singapore a competitive player in AI—and a "digital Switzerland" in the superpower rivalry.

Fortune

Missed Out on Nvidia’s Rally? 2 Beaten-Down AI Chip Stocks To Buy Now

While Nvidia dominates the semiconductor market, there are numerous other promising stocks to consider - including these two underrated picks.

Barchart

APS 'dependence' on foreign AI crowding out Canberra firms

Default opinion is good tech 'must come from Silicon Valley.'

The Canberra Times

Former Tesla AI Director reproduces GPT-2 in 24 hours for only $672 — GPT-4 costs $100 million to train

The project started as an educational video, but the developer got stuck on a few things, so 'raged-quit' and decided to rebuild GPT-2 from scratch.

Tom’s Hardware

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How we raised $100 million for my Silicon Valley startup in a down market

Entrepreneurs shouldn’t settle for good enough in any step of the fundraising process, says Alkira CEO Amir Khan.

Fortune

ChatGPT claims more jobs, but writers are getting callbacks to polish 'shoddy' AI-generated content and add a human touch for less pay

An editor narrates how more than 60 writers and editors lost their jobs to ChatGPT to scale down on the company's costs. However, the AI strategy still needed a few writers to go over the work and make it feel more natural.

Windows Central

British families flying to Europe may face AI ‘lie detector’ test

Civil rights groups and politicians across the EU criticised the scheme

Evening Standard

Edward Snowden eviscerates OpenAI’s decision to put a former NSA director on its board: ‘This is a willful, calculated betrayal of the rights of every person on earth’

Snowden, who leaked highly classified NSA documents in 2013, said there is only “one reason” for appointing the top intelligence official.

Fortune

Here's Why Dell Stock Could Rally Another 30%

Upside in AI servers, a PC recovery and strong capital return could drive Dell stock higher, BofA says. Here's what you need to know.

Kiplinger

I Asked AI To Predict The Top-3 At The US Open... And Scottie Scheffler Is Nowhere To Be Seen

In a world where the role of AI is growing exponentially, could it help us to predict the main contenders for the US Open at Pinehurst No.2?

Golf Monthly

Faceswap deepfakes are a growing problem that’s costing creators millions—but social media services are doing little to stop it

People are stealing content from creators, using AI to make small changes, and profiting on social media and porn sites.

Fortune

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Barchart

This Underperforming AI Stock Could Have 30% Upside Potential

Part of the AI megatrend, C3.ai is a beaten-down tech stock that trades at a discount to analyst estimates in June 2024.

Barchart

Stock Index Futures Plunge as Bond Yields Climb on Rate Fears, U.S. Inflation Data Awaited

June S&P 500 E-Mini futures (ESM24) are down -0.53%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.58% this morning as U.S. Treasury yields continued to rise following weak debt auctions, resilient consumer confidence data, and hawkish comments from a Federal Reserve official, while investors braced for key U.S.…

Barchart

Stock Index Futures Plunge as Bond Yields Climb, U.S. Inflation Data Awaited

June S&P 500 E-Mini futures (ESM24) are down -0.58%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.65% this morning as U.S. Treasury yields continued to rise following weak debt auctions and hawkish comments from a Federal Reserve official, while investors braced for key U.S. inflation data later this…

International Business Times UK

What Does Nvidia's 10:1 Stock Split Mean for Shareholders?

Leading chipmaker and AI player Nvidia announced a 10:1 stock split for the company's common stock that will take place on June 7.

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Tom’s Guide

OpenAI could play a role in Apple’s iOS 18 update — and that has me worried

Reports suggest that OpenAI are Apple are near an agreement to include ChatGPT features in iOS 18. Given some of the other headlines OpenAI has generated, that's making our managing editor for mobile nervous.

Fortune

Big Tech is pouring billions into British AI investments—but the U.K. risks becoming a sidekick to U.S. tech giants

Microsoft's investments in U.K. AI is good news—but there was a time when the country created tech titans such as Arm and DeepMind.

The Hindu

Family of expat protests at Air India Express office with his mortal remains

Mortal remains of Malayali engineer Nambi Rajesh brought home after Air India Express crew strike delays wife's travel.

Barchart

Is This Underperforming AI Software Stock a Buy on Its 'Watershed Moment'?

This data cloud stock plunged 33% from its 52-week high after a surprise change of CEO. The firm has recently unveiled an Open AI model, while insiders are buying shares.

Evening Standard

Brexit campaign’s AI firm Faculty gets political again

Has the AI firm behind the Brexit campaign had a second referendum on its political activity?

LiveScience

Plato's burial place finally revealed after AI deciphers ancient scroll carbonized in Mount Vesuvius eruption

Researchers used AI to decipher an ancient papyrus that includes details about where Greek philosopher is buried.

TechRadar

ChatGPT's newest GPT-4 upgrade makes it smarter and more conversational

OpenAI says ChatGPT is now better in numerous areas, and its training data now goes up to December 2023.

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