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The Latest Breaking News from Artificial Intelligence

Consumer Tech News (September 8 – September 12): Rally Rolls On As iPhone 17 Underwhelms, Microsoft Bets On AI Chips, Oracle Reports Q1

Wall Street marched higher like it had somewhere to be, fueled by faith in looming Fed rate cuts.

Benzinga

Goldman Sachs Warns An AI Slowdown Can Tank The Stock Market By 20%

Artificial intelligence has propelled the stock market to all-time highs, but Goldman Sachs (NYSE:GS) recently warned that once AI spending slows down, the stock market can tank by 20%. A research note from Goldman Sachs Analyst Ryan Hammond cited the danger of hyperscalers inevitably cutting back on AI expenditures, according…

Benzinga

SoFi Bets Big On AI With First ETF Launch In Two Years

SoFi Technologies Inc (NASDAQ:SOFI) has returned to the ETF space after close to two years, launching the SoFi Agentic AI ETF (NYSE:AGIQ) on Wednesday. The fund is designed to ride the hot investor demand for artificial intelligence, a theme that remains retail portfolios’ favorite despite increasing debate regarding valuations.

Benzinga

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Elon Musk's xAI Reportedly Lays Off 500 Workers From Data Annotation Team As Startup Pivots To Specialist AI Tutors For Grok Expansion

Elon Musk's artificial intelligence company xAI has reportedly laid off at least 500 workers from its data annotation team as it shifts focus toward specialist roles aimed at accelerating the development of its Grok chatbot.

Benzinga

Google’s top AI scientist says this is what he thinks will be the next generation’s most needed skill

The neuroscientist and former chess prodigy was talking at an ancient Roman theatre in Athens

The Independent UK

Oracle Stock Breakout Sends AI ETFs To 52-Week Highs—Chip Demand, Rate Bets Add Fire

AI–oriented ETFs are surfacing on a wave of optimism, with three top-performing funds reaching new 52-week highs. The Amplify AI Powered Equity ETF (NYSE:AIEQ) reached $44.57 on Thursday, up 42.5% off its low, the Global X Artificial Intelligence Technology ETF (NASDAQ:AIQ) opened with $47.38 on Friday, up more than 54%…

Benzinga

Why OpenAI’s solution to AI hallucinations would kill ChatGPT tomorrow

OpenAI’s latest research paper diagnoses exactly why ChatGPT and other large language models can make things up – known in the world of artificial intelligence as “hallucination”. It also reveals why the problem may be unfixable, at least as far as consumers are concerned.

The Conversation

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Amazon's Relentless Drive Higher Raises The Stakes For Direxion's AMZU, AMZD ETFs

While advanced innovations such as artificial intelligence have buoyed the broader technology ecosystem, the sector has recently encountered significant pressure. As such, quite a few tech powerhouses have suffered volatility. However, e-commerce and cloud-computing giant Amazon.com Inc (NASDAQ:AMZN) has managed to ride out the storm. Still, perpetual bullish cycles are…

Benzinga

Albania hopes world's first AI-generated minister can cut back corruption

Albania is looking to artificial intelligence to tackle corruption in public finance, as Prime Minister Edi Rama appoints the world's first AI-generated government minister to oversee public tenders.

Radio France Internationale

European country appoints AI-generated ‘minister’ to tackle corruption

Diella, meaning a female ‘Sun’, is the new State Minister for Artificial Intelligence

The Independent UK

Google Gemini Faces Fierce Rival As Alibaba AI Delivers Faster Reasoning

Alibaba Group (NYSE:BABA) released its latest artificial intelligence model on Friday. It unveiled Qwen3-Next, an architecture designed to deliver ten times more performance at just a tenth of the cost of its predecessor.

Benzinga

FTC Launches Probe Into OpenAI, Google, Meta, Snapchat Over Fears AI Chatbots Could Harm Kids And Teens

The Federal Trade Commission (FTC) has initiated an investigation into the potential adverse effects of artificial intelligence (AI) chatbots on children and teenagers. The probe encompasses seven major companies, including OpenAI, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta (NASDAQ:META), and Snapchat (NYSE:SNAP).

Benzinga

Ray Dalio Warns AI Will Create Unprecedented Inequality: 'Limited Number Of Winners'

Ray Dalio, founder of Bridgewater Associates, warned on Thursday that artificial intelligence will lead to unprecedented inequality, benefiting only the wealthiest 1% to 10% of Americans, while displacing millions of workers across various industries.

Benzinga

Want to Shave 10 Hours Off Your Workweek? A Startup Expert Shows How AI Can Help

Artificial intelligence is overhauling how companies operate, freeing up entrepreneurs and their workers to skip the menial stuff and get down to business.

Kiplinger

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Benzinga

Microsoft Plans Major AI Chip Investments As Mustafa Suleyman Pushes 'Self-Sufficiency' Beyond OpenAI Partnership

Microsoft Corp. (NASDAQ:MSFT) is planning significant investments in proprietary artificial intelligence chip infrastructure to achieve “self-sufficiency in AI,” according to leaked comments from AI CEO Mustafa Suleyman during an internal town hall meeting on Thursday.

The Independent UK

As AI tools reshape education, schools struggle with how to draw the line on cheating

High school and college educators say that student use of artificial intelligence has become so widespread that they need to rethink how to assign and assess students

Euronews

AI Darwin Awards to mock the year’s biggest failures in artificial intelligence

The AI Darwin Awards want to “reward” bad, ill-conceived, or dangerous uses of AI with “immortal internet fame”.

Benzinga

Alibaba Stock Pops 6% In Hong Kong As Homegrown AI Chips Rival Nvidia's H20, $3.2 Billion Bond Raise Fuels Rally

Alibaba Group Holding Limited (NYSE:BABA) (OTC:BABAF) jumped 6.35% to HK$152.40 ($19.58) on the Hong Kong Exchange on Friday morning, extending its remarkable 83.95% year-to-date gains as investors reacted positively to the Chinese e-commerce giant’s aggressive artificial intelligence expansion strategy and $3.2 billion fundraising.

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The Independent UK

FTC launces inquiry into AI chatbots acting as companions and their effects on children

The Federal Trade Commission has launched an inquiry into several social media and artificial intelligence companies about the potential harms to children and teenagers who use their AI chatbots as companions

AAP

AI financial advice not always right on the money

As Australians take up artificial intelligence tools for financial guidance, experts say people should remain cautious of the advice.

Benzinga

Kroger Q2 FY2025 Earnings Call Transcript

Kroger Company (NYSE:KR) shares traded higher on Thursday after reporting second-quarter earnings. The company reported second-quarter adjusted earnings per share of $1.04, beating the analyst consensus estimate of 99 cents. Quarterly sales of $33.94 billion, marginally missing the consensus view of $34.102 billion. Below are the transcripts from the Q2 earnings call. This…

Benzinga

Rezolve AI Stock Soars On The Promise Of A $30 Trillion Market

Rezolve Ai (NASDAQ:RZLV) stock surged after the company launched a new Visual Search tool and highlighted what it called a significant valuation gap compared with peers in the artificial intelligence sector.

Benzinga

Nvidia's China Chip Boom Faces Threat As Beijing Pushes For Homegrown AI

Nvidia (NASDAQ:NVDA) has popularized the accelerators that China should ditch, a top government adviser warned, urging the country to develop domestic chips that enable artificial intelligence.

Benzinga

Rising Industrial Metal Demand Sets The Stage For Sprott's Latest METL Fund

While the global business ecosystem has been firmly focused on artificial intelligence and other innovative solutions, key industrial commodities have also risen to the forefront. Increasingly, awareness has been building regarding the enormous scale of resources required to feed the digitalization machinery. However, production of necessary metals and minerals is…

Benzinga

San Francisco Probes Scale AI Over Labor Practices After $14 Billion Meta Deal, Raising Questions On Gig Worker Rights In AI Boom: Report

San Francisco is investigating Scale AI's labor practices just months after Meta Platforms Inc. (NASDAQ:META) bought nearly half of the artificial intelligence startup in a $14 billion deal, casting new attention on how tech's fastest-growing firms treat the workers powering their models.

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