Buying a computer? AI is making it more expensive.

Artificial intelligence puts powerful new technology in consumers’ hands — if they can afford to use it.  The rise of AI requires enormous computing power, which in turn is leading to a shortage of memory chips. That’s pushing up the price of personal computers, according to analysts with Oxford Economics — the first time those…

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OpenAI CEO Sam Altman “deeply sorry” for failing to alert law enforcement to Canada school shooter’s ChatGPT account

OpenAI CEO Sam Altman has apologized to members of a Canadian community where a mass shooting took place earlier this year for not flagging the ChatGPT account of the shooter to law enforcement. “The pain your community has endured is unimaginable,” Altman wrote in a letter shared Friday on social media by the British Columbia…

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AI is fueling a surge in crypto fraud schemes, IRS investigators say. For one victim, “There’s nothing left.”

Kyle Holder’s entire life savings were stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her. Her $300,000 in retirement and savings accounts, saved over decades, disappeared into the cryptocurrency universe in under three months. Holder was one of thousands of Americans swindled out of a total estimated at $20 billion…

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Meta to cut 8,000 jobs as it charges into AI

Meta plans to lay off roughly 8,000 employees, or 10% of its workforce, in a move to slash costs as the technology company pushes deeper into artificial intelligence.  In an internal memo sent to workers, Meta said the job cuts are intended to make the company more efficient and to offset its other investments. The…

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