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The AI trade is unwinding — with investors increasingly worried about debt raising by companies like Oracle and CoreWeave used to finance AI data-center buildouts.
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Amazon AI chief Rohit Prasad leaving; infrastructure exec Peter DeSantis to lead unified AI group
Rohit Prasad, the executive who has led Amazon’s artificial intelligence initiatives and overseen the creation of its homegrown Nova AI models, is leaving the company at the end of the year. In a memo Wednesday morning,
A proposed class-action lawsuit filed on behalf of Elizabeth Lyon, an author from Oregon, claims that Adobe used pirated versions of numerous books—including her own—to train the company’s SlimLM program.
The AI ETF has an annualized 14.2% return over the past five years, but it has been heating up recently, based on its 34% annualized return over the past three years. It has a 0.68% expense ratio, which continues the theme of higher fees for AI ETFs.
To solve a truly maddening problem, sometimes all you need is another person to bounce ideas back and forth with. After agonizing over details for hours, a thought partner can help you iron out the kinks in a matter of minutes. But what if you don’t have another human being to brainstorm with?
School districts from Utah to Ohio to Alabama are spending thousands of dollars on these tools, despite research showing the technology is far from reliable.
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Better AI Stock: ASML vs. Nvidia
While there are some concerns about the possibility that the AI market may be in a bubble, it's important to note that ASML, like Nvidia, is highly profitable. The company's gross margins hover in the low 50% range, and in the first nine months of this year, its diluted earnings per share were $17.38 -- a 40% increase from the same period in 2024.
A group of 18 people who work in the entertainment industry, including actors Joseph Gordon-Levitt and Natasha Lyonne launched a new coalition that aims to advocate for the rights of creators amid AI's boom.
DeSantis has spent 27 years at Amazon, including eight years as an SVP for AWS, the cloud provider that powers about one-third of the internet.
A 30‑member council of academics, tech leaders and policymakers will guide California’s AI strategy, as Trump readies a nationwide, preemptive order.
OpenAI's Image Model 1.5 is out now, and it comes with a new creative studio for editing.
AI is accelerating the shift toward skills-based hiring, and in the process reshaping how companies go about recruiting.