Former Google CEO Eric Schmidt is booed by University of Arizona graduates after praising AI in his 2026 commencement speech, amid student protests over his record.
Tags: Artificial intelligence
CNN Sues Perplexity AI of Unlawfully Copying and Distributing Content
CNN sues Perplexity AI, accusing the startup of unlawfully copying and distributing over 17,000 CNN stories, photos and videos to power its AI products.
Meta Scales Back Plan To Track Employee's Computer Activity To Train AI Models, Gives Workers Option To Opt Out for '30 Minutes'
Meta eases its employee tracking AI program, adding a 30-minute pause option and limited opt-outs for staff handling sensitive work amid internal privacy concerns.
AI Investment Bubble Concerns Grow as Big Tech Spending Soars While Revenue Lags Behind Expectations
AI boom faces scrutiny as spending soars, revenue lags, and financial risks grow across Big Tech, startups, and global markets AI economy pressure now.
Trump Postpones Signing of Plans Establishing Voluntary Review Process for AI Because He 'Didn't Like Certain Aspects'
President Trump delays signing an AI executive order creating a voluntary federal review process for advanced systems, citing concerns about overregulation and maintaining U.S. technological leadership.
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Cisco may cut nearly 4,000 jobs to restructure its business, reallocating spending toward artificial intelligence and high-growth technologies while maintaining hiring in key strategic roles.
LinkedIn is cutting 5% of its workforce, affecting approximately 900 employees, citing organizational restructuring rather than AI automation as the reason for the layoffs.
Oracle beats Q3 revenue forecasts, uses AI to boost productivity, restructures teams, and plans job cuts while expanding ambitious AI-driven initiatives.
HP announces plans to cut up to 6,000 jobs worldwide as it shifts toward AI-driven operations and cost-saving strategies.
Mixed signals from Federal Reserve officials and recent economic data have stirred uncertainty over the central bank's next move.
According to a recent analysis of S&P 500 companies' annual SEC Form 10-K filings, 72 percent of firms now report at least one AI-related risk, up sharply from 12 percent in 2023.
SoftBank is divesting assets, including Nvidia and T-Mobile shares, to fund its $22.5 billion investment in OpenAI, highlighting its shift towards AI focus.
Investors are cautious as soaring AI and cloud infrastructure spending by tech giants sparks fears of a bubble similar to the dotcom crash of 2000.
Analysts say Apple may need a new CEO to catch up in the AI race, but Tim Cook's strong board support means change isn't likely anytime soon.
