The Latest Breaking News from Artificial Intelligence

Stocks rebound after tech sell-off and Indonesia shares sink on market downgrade warning

Asian shares have mostly rebounded after Wall Street gains, a day after a tech sell-off dragged stocks lower

The Independent UK · Oct 16

Did AI Come From Aliens? Deep Prasad Links Roswell UFO Crash to Modern Technology Breakthroughs

Quantum computing entrepreneur Deep Prasad has suggested that alleged technology recovered from the 1947 Roswell incident may have accelerated developments behind modern AI, though no evidence supports the claim.

International Business Times UK · Oct 16

How GoDaddy is changing the way Indian SMBs use AI

Online presence for enterprises have become vital, and thankfully with the advent of AI, easier as well. While creating a website, branding, logos, and finding the right potential customers was a matter of expertise in yesteryears, it can now be done without having the relevant skills and/or resources. GoDaddy, as…

The Economic Times · Oct 16

New York City pension fund asks Anthropic to delay IPO

The supervisor of New York City's pension funds, one of the largest in the United States, asked Anthropic to postpone its stock market debut until risks posed by its artificial intelligence technology are better controlled. A small fraction of those assets, around $7 million, are currently exposed to Anthropic, the…

The Economic Times · Oct 16

'Mixed feelings': AI cracks centuries-old ciphers

Napoleon Bonaparte ordered the wartime missive written in code, creating a puzzle that went unsolved for more than 200 years -- until AI cracked it in a matter of hours. Tomokiyo said that since mid-September, most of the ciphers on his list have been cracked using AI. "There remain some…

The Economic Times · Oct 16

AI 'most consequential change' to US and global economies in my lifetime: Fed Chair Kevin Warsh

Federal Reserve Chair Kevin Warsh called artificial intelligence the most consequential change to the US and global economies in his lifetime, cautioning that its near-term impact on employment remains uncertain. Speaking with IMF chief Kristalina Georgieva, he also flagged global investment growth, rising prices and the Fed’s commitment to price…

The Economic Times · Oct 16

Kids and teens are going to AI chatbots for advice. How can parents make sure this is safe?

Last week, Australian Federal Police commissioner Krissy Barrett warned artificial intelligence (AI) chatbots are not a sufficient replacement for human support for children. The comment was in response to a recent Adelaide University study that found more than one in three Australian children turn to AI chatbots for support when…

The Conversation · Oct 16

Fusion CX IPO Day 3: Issue subscribed 4.4 times. Check GMP, other details

Fusion CX has witnessed substantial investor interest in its IPO. The company's shares were oversubscribed by 4.45 times, reflecting strong participation from different investor categories. Market analysis indicates a grey market premium, suggesting favorable expectations for its listing price. Proceeds from the IPO will be utilized for debt repayment, IT…

The Economic Times · Oct 16

Google boosts news and link visibility in AI mode

Google announced Thursday it will start displaying links to websites and articles more prominently and higher up in search results powered by artificial intelligence (AI), as brands and news publishers warn of a sharp decline in their traffic. According to a report by consultancy Chartbeat, news website publishers saw a…

The Economic Times · Oct 16

India’s family offices bet on homegrown AI firms to gain ground

India’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest and Claypond Capital are funding promising AI startups. With at least six companies achieving unicorn status, the environment for AI is becoming increasingly supportive. This shift highlights the need for…

The Economic Times · Oct 16