Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion
Tags: Artificial intelligence
Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams. Berkshire Hathaway Chairman and CEO Warren Buffett has warned about artificial intelligence (AI) scams, which he believes could evolve into "the growth industry of all time.
Apple Spends Less on AI Than Rivals; Investors Worried About Sales
Despite rivals investing heavily in AI-focused infrastructure, Apple, emphasizing hardware sales, maintains a lower capital expenditure, raising concerns about its sales and competitiveness.
AI Engineers Experience Burnout as Companies Push for Quick AI Rollouts
AI engineers across major tech companies are experiencing burnout and rushed product rollouts as they compete to outpace rivals, with pressure to deploy AI tools quickly.
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.
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A surge in power use from AI-powered data centers is projected to substantially increase natural gas demand in the coming years, according to a new report.
Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque. Artificial intelligence startup Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque.
The finance team of Google is undergoing restructuring, which will include layoffs and relocations, as the company shifts its focus towards investments in AI.
Intel and other major tech companies have launched the Open Platform for Enterprise AI (OPEA) project.
Miss AI Crown: Stunning 'Fake,' AI-Generated Women to Compete in the World's First AI Beauty Pageant
In a fusion of traditional beauty pageantry and cutting-edge AI technology, the world's first AI beauty pageant is set to make waves with its unconventional lineup of contestants competing for the title of "Miss AI."
Adobe has unveiled a new artificial intelligence-powered product called Acrobat AI Assistant. Adobe has unveiled a new artificial intelligence-powered product called Acrobat AI Assistant, designed to assist users in understanding digital documents.
SAG-AFTRA, UMG, and other major labels decided to have a new deal to protect the music industry from AI.
AI bots could soon replace Wall Street analysts. Sources within major banks revealed the details. Wall Street analysts are at risk of getting replaced by AI bots.
Makers of ChatGPT and iPhone are reportedly seeking funds to create a personal device that would integrate the two.
