AI

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SpaceX Goal Is a Valuation Topping OpenAI's

Company considers an IPO next year

(Newser) - SpaceX is seeking a new $800 billion valuation in a secondary share sale, which would make Elon Musk's enterprise the most valuable private company in the US—overtaking OpenAI. The potential price tag is double what SpaceX was valued at for a share sale in October. Executives said the...

Weighing In on AI's Comedy Chops: 'Corny as Hell'

Comedians are tapping into artificial intelligence, but not to write actual jokes

(Newser) - A baby and his family dog sit across from each other in a podcast studio. "Welcome to the talking baby podcast," says the infant, sounding like a deep-voiced radio broadcaster. So begins a series of humorous interactions between two characters animated by artificial intelligence that's attracted millions...

Altman: 'We Are at a Critical Time for ChatGPT'

OpenAI pauses other projects as CEO orders focus on its chatbot to keep pace with rivals like Google

(Newser) - OpenAI has declared a "code red" and is putting almost all of its resources into improving ChatGPT in a bid to keep pace with rivals, especially Google, reports the Wall Street Journal . CEO Sam Altman announced the move on Monday in a company memo, saying that other initiatives—including...

Time Person of the Year May Not Be a Person at All

Betting markets predict artificial intelligence will beat all human contenders for the honor

(Newser) - Artificial intelligence is emerging as the frontrunner for Time magazine's Person of the Year, according to bettors on Polymarket , who see AI as having a better shot than any human candidate, including President Trump, who Axios notes took the honor last year . AI had a 46% chance of being...

AI Developer: How I&#39;m Preparing My Young Son
AI Developer: How I'm
Preparing My Young Son
OPINION

AI Developer: How I'm Preparing My Young Son

Soulaiman Itani emphasizes teaching his child to think for himself, solve problems

(Newser) - Plenty of parents these days are worried about artificial intelligence and how it might affect how their children learn. But what about a parent who also happens to be an AI developer? "Even I have trepidations," writes Soulaiman Itani in a New York Times op-ed. The single father...

OpenAI Bigwig Wants ChatGPT to Be Unavoidable

Fidji Simo, firm's chief of applications, aims to close the gap between AI potential, real-world use

(Newser) - OpenAI's new applications chief, Fidji Simo, is on a mission to turn ChatGPT into an indispensable tool—one that users will eventually be willing to pay for. Simo, who joined the company in August after stints running Instacart and Facebook's main app, oversees the business side of OpenAI,...

Holiday Shopping, Now With More Bots

Big retail sites are rolling out AI shopping assistants to help you check off your list

(Newser) - When you're stumped by what to get Aunt Myrtle this holiday season, there's a bot for that. Although AI-powered purchases are in early stages, the shopping assistants and agents rolled out by the likes of Walmart, Amazon, and Google can do more than the chatbots of holidays past,...

Teens Are Mourning Their AI Chatbots

A Character.AI shutdown for minors leaves young users grieving and confused

(Newser) - The teen rebellion over disappearing AI chatbots has officially begun. After months of warning, the popular chatbot platform Character.AI has started cutting off access for users under 18, and the Wall Street Journal says teens have been taking it ... not well. Posts of grief and frustration are popping up...

Parents Suing Over Teen's Suicide: OpenAI Is Bullying Us

Lawyer says company is trying 'to find fault in everyone else,' including the victim himself

(Newser) - The parents who allege OpenAI's ChatGPT contributed to their 16-year-old son's suicide say the company's response, coming three months after their claims were filed, "abjectly ignore[s] all of the damning facts we have put forward." Jay Edelson, lead attorney for Adam Raines' parents, argues OpenAI...

Big Short Investor Warns of a New 'Cisco'

Michael Burry goes after Nvidia, cautions on AI bubble in new Substack newsletter

(Newser) - Michael Burry, the investor made famous by The Big Short for predicting the 2008 housing crash, has shuttered his hedge fund and debuted a paid Substack newsletter. Burry, a noted skeptic of the current AI frenzy, used his new platform to go after Nvidia and the broader tech boom, drawing...

France Has Beef With Musk's Grok Over Auschwitz Posts

French government adds AI chatbot's Holocaust-denial remarks to a cybercrime investigation into X

(Newser) - France's government is taking action against billionaire Elon Musk's artificial intelligence chatbot Grok after it generated French-language posts that questioned the use of gas chambers at Auschwitz, officials said. Grok, built by Musk's company xAI and integrated into his social media platform X, wrote in a widely...

Experts Urge Parents to Dodge AI Toys This Christmas

'Everything has been released with no regulation and no research'

(Newser) - They're cute, even cuddly, and promise learning and companionship—but artificial intelligence toys are not safe for kids, according to children's and consumer advocacy groups urging parents not to buy them during the holiday season.
  • These toys, marketed to kids as young as 2, are generally powered by
...

Musk's Grok Ranks Him King of All Humans

AI chatbot claims X owner is smarter than da Vinci, perhaps stronger than Mike Tyson

(Newser) - Elon Musk's AI chatbot Grok made headlines this week after it ranked Musk as the greatest human in world history—placing him ahead of even Leonardo da Vinci, reports the Washington Post . Users on X quickly flooded the platform to mock Grok's over-the-top praise for Musk's looks,...

Stocks Drop Sharply After Morning Surge
It Was Another Bad Day
for Nvidia, Bitcoin
MARKETS

It Was Another Bad Day for Nvidia, Bitcoin

Stocks dropped sharply after morning surge

(Newser) - Jarring swings keep rocking Wall Street, and US stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves.
  • The S&P 500 fell 103.40 points, or 1.6%, to 6,538.76 after erasing an early surge
...

Nvidia Earnings Clear Lofty Hurdle
Nvidia Earnings
Clear Lofty Hurdle

Nvidia Earnings Clear Lofty Hurdle

Numbers may dispel fears of an AI bubble

(Newser) - Nvidia reported more eye-catching numbers for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier. The results may ease recent jitters about a Big Tech boom turning into a bust that topples the world's most valuable company, the AP reports....

Wall Street Ends Unsettled Day Higher
Nvidia Rises 2.8%
Ahead of Earnings Report
MARKETS

Nvidia Rises 2.8% Ahead of Earnings Report

Three Mile Island deal boosts Constellation Energy

(Newser) - Stocks closed higher on Wall Street after another day of unsettled trading.
  • The S&P 500 rose 24.84 points, or 0.4%, to 6,642.1 on Wednesday after veering between a modest loss and a jump of 1.1% earlier in the day.
  • The Dow Jones Industrial Average
...

It's the 'State of the Union for the AI Boom'

Investors will be closely watching Nvidia's earning report, CEO's remarks

(Newser) - Computer chipmaker Nvidia is poised to release a quarterly earnings report Wednesday that is expected to either deepen a recent downturn in the stock market or prompt a sigh of relief among investors increasingly worried that the world's most valuable company is perched atop an AI bubble that's...

Target Bets $5B on Store Makeovers as Sales Slide
Target Has $5B
to Lure You Back

Target Has $5B to Lure You Back

Retailer plans store upgrades, new tech partnerships to get shoppers back as sales slump

(Newser) - Target plans to invest $5 billion next year to reverse its ongoing sales slump, company executives announced this week. The move is part of a turnaround strategy outlined by incoming CEO, Michael Fiddelke, who emphasized that the company's top priority is returning to growth. He said the retailer would...

The Dominoes in Larry Summers' World Keep Falling

Ex-Treasury chief resigns from OpenAI board after release of emails showing his ties to Jeffrey Epstein

(Newser) - Former Treasury Secretary Larry Summers is resigning from OpenAI's board of directors, the ChatGPT maker and his office said Wednesday. His departure comes after the release of emails showing he maintained a friendly relationship with Jeffrey Epstein long after the financier pleaded guilty to soliciting prostitution from an underage...

Google CEO Offers Warning on Potential AI Bubble

AI investment is soaring, but risks and energy costs mount

(Newser) - Google CEO Sundar Pichai has cautioned that no company, including his own, is immune to the risks of an "AI bubble" bursting. In an interview with the BBC , Pichai acknowledged there's "irrationality" in the current surge of investment in artificial intelligence, describing the moment as "extraordinary"...

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