artificial intelligence

Renowned economist and Former Secretary of Labor, Robert Reich highlighted the role of artificial intelligence (AI) in driving stock market gains while jobs and wages stagnate in the real economy. “This is the reason the stock market is completely disconnected from the...

On Sunday, Box Inc (NYSE:BOX) CEO Aaron Levie said rapid advances in artificial intelligence are making AI systems outdated within months, forcing companies to rebuild them frequently. AI Agents, Rapid Model Upgrades Force Constant Rebuilds In a post on X, Levie said, "It's remarkable how...

Over the weekend, former Meta Platforms, Inc. scientist and AI pioneer Yann LeCun pushed back against dire predictions that artificial intelligence will soon wipe out vast swaths of white-collar jobs. LeCun Rebukes AI Job Loss Predictions Taking to X, LeCun sharply criticized Anthropic CEO Dario...

Over the weekend, Elon Musk said that plugins for Microsoft Corp (NASDAQ:MSFT) Excel, Word and PowerPoint are "coming soon." Grok AI Could Soon Integrate With Microsoft Office His announcement came following an update by xAI senior engineer Matthew Dabit on a demo showing Grok 4.3 converting a...

Kevin O’Leary says the jump from weeklong execution cycles to near-instant output is being driven by artificial intelligence (AI) and that businesses treating AI as a something that is simply nice to have are already losing pace. His comments echo a broader message he has shared about every...

Trever Traina, Chief Business Officer of Tools For Humanity, said that the World Network faces not just regulatory hurdles but also logistical challenges in achieving widespread distribution. ‘We’re Working Quickly To Produce Them’ World was launched as a decentralized identity...

Elon Musk has argued that federally funded checks delivering a universal high income are his preferred response to job losses tied to artificial intelligence, framing it as an inflation-safe policy if automation expands real output fast enough. The idea is drawing pushback from economist Sanjeev...

On Friday, Barclays PLC (NYSE:BCS) CEO CS Venkatakrishnan warned that a powerful new AI model from Anthropic could significantly heighten cyber risks across the global banking system. Mythos AI Raises Cybersecurity Concerns Speaking at a G30 consultancy group meeting during the IMF spring...

International Business Machines Corp (NYSE:IBM) isn't the loudest name in AI—but it may be one of the most misunderstood. Even as "Anthropic fears" weigh on sentiment, Wedbush analyst Dan Ives sees roughly 35% upside, with a $340 price target hinging on one key shift: AI moving from hype to...

The AI trade isn't just about chips — and one billionaire's latest move is a reminder of where the real money has quietly been made. Seagate Technology Holdings PLC (NASDAQ:STX) stock has surged more than 700% from its April 2025 lows, turning a once-overlooked hardware name into one of the market...

Allbirds Inc (NASDAQ:BIRD) shares climbed Friday morning, following a week of massive price swings. The company recently announced it is abandoning the footwear business to pivot toward artificial intelligence infrastructure. Nasdaq futures are up 0.32% while S&P 500 futures have gained 0.36...

The Donald Trump administration is currently embroiled in a legal fight with Anthropic after labelling the AI company a "supply chain risk." Now the government is reportedly considering granting federal agencies access to Anthropic's advanced AI model "Mythos." Federal Access Under Consideration In...

Apollo Global Management (NYSE:APO) CEO Mark Rowan called private credit lenders who can't meet 5% redemptions "idiots" during CNBC's Invest In America forum. • Where is APO stock headed? "I'll say it frankly, you're an idiot. This is not that hard to do," Rowan said to CNBC's Sara...

Scale AI CEO Jason Droege is calling out CEOs using AI as an excuse to do what they were going to do anyway—cut jobs According to Semafor, Droege claims companies are "washing the layoffs" with AI and downplays the idea that AI will trigger an employment "apocalypse." "The tools are going to add...

The National Association for the Advancement of Colored People (NAACP) has filed a federal lawsuit accusing Elon Musk's artificial intelligence company xAI of breaking federal air-pollution rules. The complaint aims to halt what the group says are unpermitted gas turbines that are sending harmful...