This week’s selloff in technology stocks underscores a gnawing anxiety among investors: whether Big Tech’s massive spending on artificial intelligence will ultimately pay off. The Nasdaq Composite Index has slipped nearly 5% this week as Wall Street frets over whether the trillions of dollars going into artificial intelligence will deliver the revenue and profit growth needed to…
After decades of declining costs, consumer electronics ranging from computers to video game consoles are jumping in price as the artificial intelligence boom drives a global shortage of memory and storage chips. “The vast majority of the chips are going to the AI buildout and the data center revolution we’re seeing,” Wedbush Securities analyst Dan…
The heaviest demand on America’s water supply isn’t data centers or AI. It’s from everyday uses such as growing food, watering lawns and flushing toilets. Source link
Many Americans are skeptical about having a data center in their area, fueled largely by what they perceive as negative impacts on the environment and resources. The construction of data centers in the U.S. has accelerated in recent years, but most Americans feel they don’t know a lot about them yet. People’s own lack of…
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance has warned. The risk posed by AI-enhanced hacking is in the spotlight in the wake of startup Anthropic saying in April that its cutting-edge Mythos models had unprecedented abilities to find software…
Summer means fun in the sun for employees on vacation, but it also often means more assignments to juggle for their coworkers back at the office. To compound the stress, those returning from time off frequently face a mountain of catch-up work, instantly undoing the good vibes. Artificial intelligence can help, according to the management…
Prediction market platforms give fans the chance to make money on anything from predicting where Taylor Swift will get married to major sports. But a recent study found the top 1% of traders on Polymarket capture more than three-quarters of all gains. Jo Ling Kent spoke with a prediction market trader who wrote an AI-powered…
Overlooking the Irish Sea just south of Dublin, Greystones is one of Ireland’s most affluent and scenic towns. Its coastal views, independent shops and tight-knit community have made it one of the most desirable places to live in the country. In recent years, Greystones has also become known for something else: Raising children without smartphones. At…
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Waymo is recalling nearly 3,900 robotaxis after their self-driving software repeatedly failed to recognize ramp closures and construction zones in incidents in Arizona and California, according to a recall notice posted by the National Highway Traffic Safety Administration. The recall comes after Waymo reviewed incidents that occurred in April and May in Phoenix and the San…
