Investors’ demands to withdraw their money from private credit funds increased last week, rising to “unprecedented levels,” The Wall Street Journal reported.
Tag: AI
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‘HORRIFIED’: AI ‘SLOP’ PUTS YOUNG BRAINS AT RISK — AND IT’S SPREADING FAST
In a video that has been played almost 50,000 times since it was posted five months ago, two cartoon children sing along as they guide viewers through the experience of riding in a car amid a vividly colored, utopian backdrop.
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ARE TOKENS THE AI ECONOMY’S CURRENCY OF THE FUTURE?
Tokens are the standard of value in the AI’s data center industry and eventually will fill the same role for all businesses using AI, Jensen Huang, founder and CEO of Nvidia, the world’s leading AI chipmaker, said at Nvidia’s annual conference last week.
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PRO-AI GROUPS TARGET CONGRESSIONAL CAMPAIGN IN NEW YORK
Pro-AI companies and investors have been spending time and money on elections that they’ve determined are winnable, and can have major implications on future tech regulations, and the latest race to be impacted is for a congressional seat in Manhattan.
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A NEW WORKPLACE HEALTH DANGER: AI BRAIN FRY
AI agents give you a squad of helpers to relieve you of tedious but necessary chores, leaving you to think about bigger things.
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OPENAI FINALLY GETS SERIOUS ABOUT MAKING MONEY
At an all-hands-on-deck meeting earlier this month, Fidji Simo, OpenAI’s CEO of applications, announced that the company is shedding an array of side hustles to focus instead on coding and business applications.
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AI IS SHIFTING POWER FROM LABOR TO CAPITAL, ALTMAN ADMITS
Speaking at the BlackRock Infrastructure Summit earlier this month, OpenAI CEO Sam Altman referred to a comment that human society and economies are structured to manage scarcity.
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AI: THE GREAT JOB WIPEOUT CONTINUES
Last week, software company Atlassian, cloud services provider Oracle, Meta Platforms, and Elon Musk’s troubled xAI all were getting ready to show workers the door.
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AI GOES TO WAR
AI is the not-so-secret weapon that enabled the U.S. military to choose and strike at least 2,000 targets in the first four days of the current Mideast war as bots sifted through intelligence, satellite images, and other data far faster than humans could.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The global employment landscape continues to undergo profound disruption as companies adapt to economic pressure, technological transformation, and shifting consumer behavior.