Tags: AI
Chegg Stock Plummets! Are Free AI Tools to Blame? Shares of Other Edtech Firms Also Crash
Shares of Chegg (CHGG) are experiencing a decline as the ed-tech company provided underwhelming second-quarter guidance due to increased competition in the AI sector, which is hindering its growth.
AMD Anticipates Selling $4 Billion in AI Chips in 2024
Advanced Micro Devices Inc. (AMD) disclosed quarterly results that met Wall Street's expectations, but the stock didn't rise since the firm only matched the consensus estimate with its midpoint projection.
Maryland Athletic Director Uses AI-Generated Recording to Frame up Principal as Revenge Over Fraud Investigation Against Him
An ex-athletic director from a high school has been arrested for fabricating an AI-generated voice recording to falsely implicate the school's principal in making racist comments.
Beijing Offers Subsidies for Companies That Buy Local AI Chips as China Cuts Reliance on Foreign Technology
Beijing city officials are providing subsidies for businesses that buy artificial intelligence (AI) chips made in China.